We are live on ! Find out more
MG

Michael Gelband ExodusPoint Capital Management

AUM $15.5B
1-Year Est. Return 38.81%
 

Michael Gelband is a co-founder of ExodusPoint Capital Management, a multi-strategy hedge fund launched by veterans of larger alternative platforms. The firm pursues diversified strategies across asset classes with a focus on risk-managed absolute returns. Gelband’s firm is followed as part of the newer generation of multi-strategy complexes.

This Fund
S&P 500
This Quarter Est. Return
+18.5%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$15.5B
AUM Growth
+$2.94B
Cap. Flow
+$1.45B
Cap. Flow %
9.35%
Top 10 Hldgs %
30.63%
Holding
2,230
New
735
Increased
384
Reduced
378
Closed
720

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$614M
2
AAPL icon
Apple
AAPL
+$443M
3
BLD
TopBuild
BLD
+$391M
4
SPCX
SpaceX
SPCX
+$329M
5
PEN icon
Penumbra
PEN
+$203M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$1.96B
2
NVDA icon
NVIDIA
NVDA
+$425M
3
SNDK
Sandisk
SNDK
+$88M
4
SO icon
Southern Company
SO
+$80.6M
5
PPL
PPL Corp
PPL
+$74.1M

Sector Composition

Rank Sector Weight
1 Technology 16.4%
2 Industrials 13.64%
3 Consumer Discretionary 9.5%
4 Healthcare 7.9%
5 Financials 5.63%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LSCC icon
426
Lattice Semiconductor
LSCC
$16.7B
$6.19M 0.04%
+40,458
New +$5.22M
NESR
427
National Energy Services Reunited Corp
NESR
$3.33B
$6.16M 0.04%
205,935
+76,285
+59% +$1.89M
ACHR icon
428
Archer Aviation
ACHR
$4.85B
$6.16M 0.04%
+1,302,126
New +$7.57M
MAT icon
429
Mattel
MAT
$4.15B
$6.14M 0.04%
+442,483
New +$6.47M
MTSI icon
430
MACOM Technology Solutions
MTSI
$20.4B
$6.12M 0.04%
16,079
-14,640
-48% -$4.86M
TGT icon
431
PUT
Target
TGT
$75.1B
$6.11M 0.04%
+46,800
New +$5.95M
CDNA icon
432
CareDx
CDNA
$2.51B
$6.11M 0.04%
+214,342
New +$4.67M
IR icon
433
Ingersoll Rand
IR
$31.2B
$6.1M 0.04%
74,403
-4,542
-6% -$351K
RAMP icon
434
LiveRamp
RAMP
$2.28B
$6.05M 0.04%
+160,671
New +$5.29M
LYV icon
435
Live Nation Entertainment
LYV
$42.4B
$6.01M 0.04%
+32,817
New +$5.4M
HALO icon
436
Halozyme
HALO
$12.3B
$6M 0.04%
+76,693
New +$5.23M
BBT
437
Beacon Financial Corp
BBT
$2.65B
$5.99M 0.04%
196,679
-47,686
-20% -$1.43M
UCTT
438
Ultra Clean Holdings
UCTT
$3.46B
$5.96M 0.04%
41,767
-10,295
-20% -$906K
CUBE icon
439
CubeSmart
CUBE
$9.21B
$5.94M 0.04%
+149,372
New +$5.95M
AFRM icon
440
Affirm
AFRM
$25.8B
$5.94M 0.04%
+72,795
New +$4.76M
PVH icon
441
PVH
PVH
$3.62B
$5.92M 0.04%
+79,699
New +$6.82M
S icon
442
SentinelOne
S
$7.26B
$5.92M 0.04%
348,603
+159,625
+84% +$2.46M
CVSA
443
Covista Inc
CVSA
$4.51B
$5.91M 0.04%
47,378
+25,703
+119% +$3.1M
VSNT
444
Versant Media Group
VSNT
$5.39B
$5.85M 0.04%
162,477
+126,509
+352% +$5.08M
SYNA icon
445
Synaptics
SYNA
$3.82B
$5.85M 0.04%
47,083
-172,419
-79% -$19.5M
BSY icon
446
Bentley Systems
BSY
$11.2B
$5.83M 0.04%
195,053
-245,937
-56% -$8M
WCC
447
WESCO International
WCC
$17B
$5.83M 0.04%
+16,874
New +$5.73M
OVV icon
448
Ovintiv
OVV
$18.5B
$5.81M 0.04%
110,354
+27,934
+34% +$1.6M
ACA icon
449
Arcosa
ACA
$7.12B
$5.78M 0.04%
+39,782
New +$4.94M
CCI icon
450
Crown Castle
CCI
$32.1B
$5.77M 0.04%
+76,254
New +$6.7M
16 17
18
19 20

Similar funds

FGP
Freestone Grove Partners San Francisco, California $15.6B AUM 27.39% 1-Year Est. Return
MIFH
Migdal Insurance & Financial Holdings Petach Tikva, Israel $15.6B AUM 71.29% 1-Year Est. Return
GF
Gabelli Funds Rye, New York $15.7B AUM 36.4% 1-Year Est. Return
AIM
ARK Investment Management St. Petersburg, Florida $15.4B AUM 50.29% 1-Year Est. Return
Impax Asset Management Group
Impax Asset Management Group London, United Kingdom $15.4B AUM 26.43% 1-Year Est. Return
AA
Acorns Advisers Irvine, California $15.3B AUM 18.32% 1-Year Est. Return
OTPPB
Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $15.8B AUM 1.29% 1-Year Est. Return
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives Tokyo, Japan, Japan $15.3B AUM 24.71% 1-Year Est. Return

Michael Gelband's Q2 2026 Portfolio in Review

As of Q2 2026, Michael Gelband held 2,230 positions worth $15.5B, up 23% from $12.6B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Michael Gelband deployed $1.45B of net new capital in Q2 2026, opening 735 new positions and adding to 384 existing holdings. Its largest new stake was SpaceX: 1,938,935 shares worth $331M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Industrials and Consumer Discretionary.

On the sell side, the largest reduction was Tesla, an estimated $1.96B trimmed.

  • Michael Gelband's largest Q2 2026 buy was SpaceX: 1,938,935 shares worth $331M.
  • Michael Gelband added most to Amazon in Q2 2026, an estimated $614M increase.
  • Michael Gelband's biggest Q2 2026 reduction was Tesla, cutting an estimated $1.96B.
  • Michael Gelband fully exited Southern Company in Q2 2026, selling an estimated $80.6M.
  • Michael Gelband's ten largest holdings make up 31% of its $15.5B portfolio in Q2 2026.
  • Michael Gelband opened 735 new positions and closed 720 in Q2 2026.
  • Michael Gelband's portfolio value rose 23% quarter-over-quarter to $15.5B.

Based on ExodusPoint Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.