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
+11.09%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$11.4B
AUM Growth
+$1.29B
Cap. Flow
+$528M
Cap. Flow %
4.63%
Top 10 Hldgs %
25.25%
Holding
2,093
New
704
Increased
330
Reduced
366
Closed
687

Top Buys

Rank Stock Value
1
PARA
Paramount Global Class B
PARA
+$75M
2
CVX icon
Chevron
CVX
+$59.9M
3
GEHC icon
GE HealthCare
GEHC
+$57.5M
4
APP icon
Applovin
APP
+$54.7M
5
OKLO
Oklo
OKLO
+$52.8M

Top Sells

Rank Stock Value
1
XEL icon
Xcel Energy
XEL
+$137M
2
META icon
Meta Platforms (Facebook)
META
+$61.8M
3
BDX icon
Becton Dickinson
BDX
+$59.9M
4
CRWV
CoreWeave
CRWV
+$57.1M
5
AAPL icon
Apple
AAPL
+$50.2M

Sector Composition

Rank Sector Weight
1 Healthcare 11.73%
2 Financials 9.81%
3 Utilities 8.63%
4 Technology 7.6%
5 Industrials 7.5%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CTS icon
1551
CTS Corp
CTS
$1.65B
– –
-20,930
Closed -$870K
CUBE icon
1552
CubeSmart
CUBE
$9.21B
– –
-470,241
Closed -$20.1M
CUZ icon
1553
Cousins Properties
CUZ
$4.89B
– –
-906,463
Closed -$26.7M
CVAC
1554
DELISTED
CureVac
CVAC
– –
-49,554
Closed -$137K
CWST icon
1555
Casella Waste Systems
CWST
$5.86B
– –
-11,883
Closed -$1.32M
CXT icon
1556
Crane NXT
CXT
$2.89B
– –
-78,985
Closed -$4.06M
CXW icon
1557
CoreCivic
CXW
$3.36B
– –
-212,682
Closed -$4.32M
CYBR
1558
DELISTED
CyberArk
CYBR
– –
-1,844
Closed -$623K
CYTK icon
1559
CALL
Cytokinetics
CYTK
$10.7B
– –
-20,000
Closed -$804K
CYTK icon
1560
Cytokinetics
CYTK
$10.7B
– –
-85,863
Closed -$3.45M
DAC icon
1561
Danaos Corp
DAC
$2.73B
– –
-3,364
Closed -$262K
DBRG icon
1562
DigitalBridge
DBRG
$2.95B
– –
-10,111
Closed -$89K
DBX icon
1563
Dropbox
DBX
$7.5B
– –
-111,673
Closed -$2.98M
DCBO
1564
Docebo
DCBO
$614M
– –
-7,996
Closed -$230K
DCO icon
1565
Ducommun
DCO
$2.89B
– –
-44,547
Closed -$2.58M
DCTH icon
1566
Delcath Systems
DCTH
$595M
– –
-699,352
Closed -$8.9M
DDD icon
1567
3D Systems Corp
DDD
$530M
– –
-226,077
Closed -$479K
DDS icon
1568
Dillards
DDS
$9.71B
– –
-1,414
Closed -$506K
DEA
1569
Easterly Government Properties
DEA
$1.16B
– –
-134,554
Closed -$3.57M
DESP
1570
DELISTED
Despegar.com
DESP
– –
-49,114
Closed -$923K
DESP
1571
PUT
DELISTED
Despegar.com
DESP
– –
-300
Closed -$6K
DFS
1572
CALL
DELISTED
Discover Financial Services
DFS
– –
-48,400
Closed -$8.26M
DFS
1573
DELISTED
Discover Financial Services
DFS
– –
-24,087
Closed -$4.11M
DGICA icon
1574
Donegal Group Class A
DGICA
$693M
– –
-16,219
Closed -$318K
DGII icon
1575
Digi International
DGII
$2.84B
– –
-43,487
Closed -$1.21M
61 62
63
64 65

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 2025 Portfolio in Review

As of Q2 2025, Michael Gelband held 2,093 positions worth $11.4B, up 13% from $10.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Michael Gelband deployed $528M of net new capital in Q2 2025, opening 704 new positions and adding to 330 existing holdings. Its largest new stake was Chevron: 424,949 shares worth $60.8M.

By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Utilities.

On the sell side, the largest reduction was Xcel Energy, an estimated $137M trimmed.

  • Michael Gelband's largest Q2 2025 buy was Chevron: 424,949 shares worth $60.8M.
  • Michael Gelband added most to Paramount Global Class B in Q2 2025, an estimated $75M increase.
  • Michael Gelband's biggest Q2 2025 reduction was Xcel Energy, cutting an estimated $137M.
  • Michael Gelband fully exited Meta Platforms (Facebook) in Q2 2025, selling an estimated $61.8M.
  • Michael Gelband's ten largest holdings make up 25% of its $11.4B portfolio in Q2 2025.
  • Michael Gelband opened 704 new positions and closed 687 in Q2 2025.
  • Michael Gelband's portfolio value rose 13% quarter-over-quarter to $11.4B.

Based on ExodusPoint Capital Management's 13F filing for Q2 2025, filed 13 Aug 2025.