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
ETWO
1601
DELISTED
E2open Parent Holdings
ETWO
– –
-149,821
Closed -$394K
EVH icon
1602
Evolent Health
EVH
$536M
– –
-26,362
Closed -$250K
EWW icon
1603
iShares MSCI Mexico ETF
EWW
$1.86B
– –
-35,952
Closed -$1.83M
EXFY icon
1604
Expensify
EXFY
$241M
– –
-52,330
Closed -$159K
AGNT
1605
AGNT Inc
AGNT
$764M
– –
-211,690
Closed -$2.07M
EXPO icon
1606
Exponent
EXPO
$3.34B
– –
-56,034
Closed -$4.54M
EXR icon
1607
Extra Space Storage
EXR
$31B
– –
-142,548
Closed -$21.2M
F icon
1608
PUT
Ford
F
$57.5B
– –
-400,000
Closed -$4.01M
FCN icon
1609
FTI Consulting
FCN
$4.3B
– –
-24,379
Closed -$4M
FDX icon
1610
FedEx
FDX
$76.9B
– –
-70,262
Closed -$17.1M
FE icon
1611
FirstEnergy
FE
$26.6B
– –
-390,101
Closed -$15.8M
FG icon
1612
F&G Annuities & Life
FG
$2.96B
– –
-19,719
Closed -$711K
FHB icon
1613
First Hawaiian
FHB
$3.2B
– –
-214,192
Closed -$5.24M
FHN icon
1614
First Horizon
FHN
$11.7B
– –
-73,547
Closed -$1.43M
PLGO
1615
Pelagos Insurance Capital
PLGO
$2.06B
– –
-16,100
Closed -$261K
FLO icon
1616
Flowers Foods
FLO
$1.47B
– –
-43,172
Closed -$821K
FLR icon
1617
Fluor
FLR
$7.01B
– –
-119,856
Closed -$4.29M
FLS icon
1618
Flowserve
FLS
$10.1B
– –
-27,611
Closed -$1.35M
FND icon
1619
Floor & Decor
FND
$5.78B
– –
-29,876
Closed -$2.4M
FOLD
1620
DELISTED
Amicus Therapeutics
FOLD
– –
-332,207
Closed -$2.71M
FRHC icon
1621
Freedom Holding
FRHC
$10.9B
– –
-12,874
Closed -$1.7M
FSV icon
1622
FirstService
FSV
$6.35B
– –
-2,000
Closed -$332K
FTK icon
1623
Flotek Industries
FTK
$894M
– –
-44,529
Closed -$371K
FUL icon
1624
H.B. Fuller
FUL
$3.16B
– –
-3,565
Closed -$200K
FVRR icon
1625
Fiverr
FVRR
$331M
– –
-116,921
Closed -$2.77M
63 64
65
66 67

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.