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
+13.78%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$5.02B
AUM Growth
+$1.17B
Cap. Flow
+$816M
Cap. Flow %
16.26%
Top 10 Hldgs %
31.54%
Holding
2,471
New
743
Increased
409
Reduced
522
Closed
789

Top Buys

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$64.4M
2
DD icon
DuPont de Nemours
DD
+$35.6M
3
BABA icon
Alibaba
BABA
+$35.4M
4
AAPL icon
Apple
AAPL
+$34.3M
5
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$28.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$88.3M
2
IWM icon
iShares Russell 2000 ETF
IWM
+$46.6M
3
NBIS
Nebius Group N.V.
NBIS
+$40.7M
4
CMCSA icon
Comcast
CMCSA
+$38.1M
5
PCG icon
PG&E
PCG
+$31.6M

Sector Composition

Rank Sector Weight
1 Technology 10.94%
2 Financials 10.6%
3 Healthcare 8.31%
4 Industrials 7.75%
5 Consumer Discretionary 7.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
JKS
751
JinkoSolar
JKS
$834M
$859K 0.02%
+21,617
New +$495K
BIPC icon
752
Brookfield Infrastructure
BIPC
$4.86B
$855K 0.02%
+23,154
New +$770K
KURA icon
753
Kura Oncology
KURA
$1.06B
$853K 0.02%
27,843
+8,674
+45% +$192K
SBNY
754
DELISTED
Signature Bank
SBNY
$853K 0.02%
+10,276
New +$1.02M
EMB icon
755
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
$849K 0.02%
7,652
-2,250
-23% -$253K
VTRU
756
DELISTED
Vitru Limited Common Shares
VTRU
$848K 0.02%
+65,359
New +$924K
ACCO icon
757
Acco Brands
ACCO
$391M
$847K 0.02%
+146,061
New +$956K
RBAC.U
758
DELISTED
RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one
RBAC.U
$846K 0.02%
+80,000
New +$826K
ECHO
759
EchoStar
ECHO
$25.2B
$844K 0.02%
+33,896
New +$945K
HLF icon
760
Herbalife
HLF
$1.33B
$840K 0.02%
18,003
+7,122
+65% +$350K
FRTA
761
DELISTED
Forterra, Inc
FRTA
$839K 0.02%
+71,007
New +$944K
NKTR icon
762
Nektar Therapeutics
NKTR
$2.53B
$838K 0.02%
3,367
+996
+42% +$313K
WKC icon
763
World Kinect Corp
WKC
$1.84B
$838K 0.02%
39,567
+6,239
+19% +$153K
MRSN
764
DELISTED
Mersana Therapeutics
MRSN
$837K 0.02%
+1,798
New +$908K
MOS icon
765
The Mosaic Company
MOS
$7.76B
$836K 0.02%
45,765
-114,344
-71% -$1.86M
HSIC icon
766
Henry Schein
HSIC
$9.86B
$834K 0.02%
+14,193
New +$910K
HEES
767
DELISTED
H&E Equipment Services
HEES
$832K 0.02%
42,321
-20,467
-33% -$400K
OMC icon
768
Omnicom Group
OMC
$24B
$828K 0.02%
+16,731
New +$896K
OUT icon
769
Outfront Media
OUT
$5.25B
$825K 0.02%
57,622
-14,263
-20% -$213K
PAHC icon
770
Phibro Animal Health
PAHC
$1.47B
$825K 0.02%
+47,419
New +$1.01M
UVE icon
771
Universal Insurance Holdings
UVE
$1.18B
$825K 0.02%
59,577
+21,137
+55% +$373K
UNFI icon
772
United Natural Foods
UNFI
$2.91B
$819K 0.02%
55,062
+3,847
+8% +$73K
GT icon
773
Goodyear
GT
$1.72B
$817K 0.02%
+106,546
New +$987K
CLBK icon
774
Columbia Financial
CLBK
$1.23B
$815K 0.02%
73,453
+52,626
+253% +$623K
DBX icon
775
Dropbox
DBX
$7.5B
$810K 0.02%
42,043
-72,229
-63% -$1.5M
29 30
31
32 33

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 Q3 2020 Portfolio in Review

As of Q3 2020, Michael Gelband held 2,471 positions worth $5.02B, up 30% from $3.85B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Michael Gelband deployed $816M of net new capital in Q3 2020, opening 743 new positions and adding to 409 existing holdings. Its largest new stake was State Street Energy Select Sector SPDR ETF: 1,291,886 shares worth $19.3M.

By sector, the portfolio is most concentrated in Technology at 11% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was iShares Russell 2000 ETF, an estimated $46.6M trimmed.

  • Michael Gelband's largest Q3 2020 buy was State Street Energy Select Sector SPDR ETF: 1,291,886 shares worth $19.3M.
  • Michael Gelband added most to Charles Schwab in Q3 2020, an estimated $64.4M increase.
  • Michael Gelband's biggest Q3 2020 reduction was iShares Russell 2000 ETF, cutting an estimated $46.6M.
  • Michael Gelband fully exited State Street SPDR S&P 500 ETF Trust in Q3 2020, selling an estimated $88.3M.
  • Michael Gelband's ten largest holdings make up 32% of its $5.02B portfolio in Q3 2020.
  • Michael Gelband opened 743 new positions and closed 789 in Q3 2020.
  • Michael Gelband's portfolio value rose 30% quarter-over-quarter to $5.02B.

Based on ExodusPoint Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.