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
FAST icon
1151
Fastenal
FAST
$58.8B
$719K ﹤0.01%
+14,969
New +$679K
PAR icon
1152
PAR Technology
PAR
$808M
$717K ﹤0.01%
41,168
-13,848
-25% -$200K
TLS icon
1153
Telos
TLS
$336M
$717K ﹤0.01%
155,870
+83,086
+114% +$367K
LPRO
1154
DELISTED
Open Lending Corp
LPRO
$715K ﹤0.01%
+229,949
New +$470K
FPI
1155
Farmland Partners
FPI
$443M
$715K ﹤0.01%
73,852
+49,435
+202% +$527K
HNST icon
1156
The Honest Company
HNST
$542M
$714K ﹤0.01%
195,199
+68,671
+54% +$231K
AHCO icon
1157
AdaptHealth
AHCO
$751M
$712K ﹤0.01%
68,325
-173,061
-72% -$1.93M
TALK
1158
DELISTED
Talkspace
TALK
$702K ﹤0.01%
135,073
-18,814
-12% -$97.7K
OKLO
1159
Oklo
OKLO
$7.83B
$685K ﹤0.01%
+13,084
New +$817K
EBF icon
1160
Ennis
EBF
$546M
$677K ﹤0.01%
31,870
-6,687
-17% -$139K
RES icon
1161
RPC Inc
RES
$1.41B
$677K ﹤0.01%
+116,062
New +$809K
PRDO icon
1162
Perdoceo Education
PRDO
$2.07B
$677K ﹤0.01%
21,143
-127,848
-86% -$4.38M
PFG icon
1163
Principal Financial Group
PFG
$23.7B
$676K ﹤0.01%
+6,269
New +$637K
KEX icon
1164
Kirby Corp
KEX
$7.39B
$675K ﹤0.01%
+4,965
New +$710K
YORW icon
1165
York Water
YORW
$552M
$671K ﹤0.01%
+21,880
New +$657K
SIMO icon
1166
Silicon Motion
SIMO
$8.76B
$667K ﹤0.01%
+2,001
New +$464K
PSNL icon
1167
Personalis
PSNL
$1.96B
$660K ﹤0.01%
+49,256
New +$401K
LIN icon
1168
Linde
LIN
$225B
$656K ﹤0.01%
+1,264
New +$640K
HTH icon
1169
Hilltop Holdings
HTH
$2.22B
$656K ﹤0.01%
+16,913
New +$635K
PD icon
1170
PagerDuty
PD
$950M
$653K ﹤0.01%
+67,685
New +$512K
SPOT icon
1171
Spotify
SPOT
$110B
$652K ﹤0.01%
1,420
-34,921
-96% -$16.6M
NTB icon
1172
Bank of N.T. Butterfield & Son
NTB
$2.3B
$651K ﹤0.01%
10,936
+5,575
+104% +$315K
LLYVK icon
1173
Liberty Live Group Series C
LLYVK
$9.7B
$646K ﹤0.01%
6,112
-8,622
-59% -$841K
FVRR icon
1174
Fiverr
FVRR
$331M
$645K ﹤0.01%
62,497
-72,032
-54% -$766K
CLW icon
1175
Clearwater Paper
CLW
$351M
$644K ﹤0.01%
+41,057
New +$619K
45 46
47
48 49

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.