Michael Gelband ExodusPoint Capital Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$614M |
| 2 |
Apple
AAPL
|
+$443M |
| 3 |
BLD
TopBuild
BLD
|
+$391M |
| 4 |
SPCX
SpaceX
SPCX
|
+$329M |
| 5 |
Penumbra
PEN
|
+$203M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.96B |
| 2 |
NVIDIA
NVDA
|
+$425M |
| 3 |
SNDK
Sandisk
SNDK
|
+$88M |
| 4 |
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 | |
|---|---|---|---|---|---|---|
1326
American Superconductor
AMSC
$1.45B
| $346K | ﹤0.01% |
8,325
-18,165
| -69% | -$821K |
|
1327
Zillow
ZG
$8.27B
| $345K | ﹤0.01% |
+10,995
| New | +$425K |
|
1328
Civeo
CVEO
$357M
| $341K | ﹤0.01% |
+9,753
| New | +$314K |
|
1329
Kornit Digital
KRNT
$721M
| $339K | ﹤0.01% |
+20,877
| New | +$330K |
|
|
ANGX
1330
Angel Studios
ANGX
$805M
| $338K | ﹤0.01% |
+92,178
| New | +$261K |
|
1331
Sportradar
SRAD
$3.85B
| $338K | ﹤0.01% |
+22,568
| New | +$328K |
|
|
IPFX
1332
Inflection Point Acquisition Corp VI
IPFX
$341M
| $335K | ﹤0.01% |
+32,357
| New | +$335K |
|
1333
Accel Entertainment
ACEL
$979M
| $330K | ﹤0.01% |
26,147
-14,036
| -35% | -$170K |
|
1334
NB Bancorp
NBBK
$963M
| $327K | ﹤0.01% |
15,487
+1,050
| +7% | +$21.6K |
|
1335
NexGen Energy
NXE
$7.28B
| $327K | ﹤0.01% |
+34,830
| New | +$396K |
|
|
Q
1336
CALL
Qnity Electronics Inc
Q
$27B
| $327K | ﹤0.01% |
+2,000
| New | +$295K |
|
1337
SITE Centers
SITC
$161M
| $325K | ﹤0.01% |
+81,874
| New | +$427K |
|
1338
Granite Ridge Resources
GRNT
$674M
| $322K | ﹤0.01% |
72,979
-20,518
| -22% | -$108K |
|
1339
Wabash National
WNC
$490M
| $320K | ﹤0.01% |
23,739
-106,246
| -82% | -$944K |
|
1340
Vornado Realty Trust
VNO
$7.07B
| $320K | ﹤0.01% |
+8,140
| New | +$263K |
|
|
KE
1341
Kimball Electronics
KE
$556M
| $316K | ﹤0.01% |
+12,339
| New | +$317K |
|
1342
Lightbridge
LTBR
$308M
| $315K | ﹤0.01% |
+35,850
| New | +$404K |
|
1343
First Trust NASDAQ Cybersecurity ETF
CIBR
$15B
| $314K | ﹤0.01% |
+3,500
| New | +$269K |
|
1344
Kura Sushi USA
KRUS
$587M
| $313K | ﹤0.01% |
+5,434
| New | +$297K |
|
1345
Teladoc Health
TDOC
$1.16B
| $312K | ﹤0.01% |
36,789
+17,114
| +87% | +$114K |
|
1346
Cousins Properties
CUZ
$4.89B
| $310K | ﹤0.01% |
10,330
-172,039
| -94% | -$4.51M |
|
1347
Boston Omaha
BOC
$426M
| $307K | ﹤0.01% |
22,533
-14,564
| -39% | -$183K |
|
1348
AAR Corp
AIR
$5.43B
| $307K | ﹤0.01% |
+2,150
| New | +$254K |
|
1349
Avalo Therapeutics
AVTX
$1.06B
| $305K | ﹤0.01% |
16,495
-1,256
| -7% | -$19.9K |
|
|
FRMM
1350
Forum Markets
FRMM
$72.3M
| $304K | ﹤0.01% |
56,016
-39,475
| -41% | -$173K |
|
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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.