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 |
EOG Resources
EOG
|
+$54.2M |
| 2 |
CMS Energy
CMS
|
+$51.9M |
| 3 |
NiSource
NI
|
+$38.4M |
| 4 |
Nexstar Media Group
NXST
|
+$36.3M |
| 5 |
Exelon
EXC
|
+$35.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Entergy
ETR
|
+$71.2M |
| 2 |
FedEx
FDX
|
+$57.3M |
| 3 |
Carlisle Companies
CSL
|
+$48.6M |
| 4 |
Blackstone
BX
|
+$42.7M |
| 5 |
Marathon Petroleum
MPC
|
+$31.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 14.49% |
| 2 | Technology | 12.67% |
| 3 | Utilities | 9.69% |
| 4 | Consumer Discretionary | 9.33% |
| 5 | Energy | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TTM
1626
DELISTED
Tata Motors Limited
TTM
| $213K | ﹤0.01% |
+8,791
| New | +$247K |
|
|
MAGN
1627
Magnera Corp
MAGN
$443M
| $209K | ﹤0.01% |
+5,166
| New | +$359K |
|
|
IPOF
1628
DELISTED
Social Capital Hedosophia Holdings Corp. VI
IPOF
| $208K | ﹤0.01% |
+20,800
| New | +$208K |
|
1629
Evolus
EOLS
$580M
| $205K | ﹤0.01% |
+25,500
| New | +$270K |
|
1630
Pembina Pipeline
PBA
$28.3B
| $205K | ﹤0.01% |
6,757
-10,958
| -62% | -$391K |
|
1631
Teva Pharmaceuticals
TEVA
$43B
| $205K | ﹤0.01% |
25,398
+8,100
| +47% | +$71.6K |
|
1632
Rush Street Interactive
RSI
$3.05B
| $204K | ﹤0.01% |
+55,492
| New | +$293K |
|
1633
Autodesk
ADSK
$53.7B
| $203K | ﹤0.01% |
1,089
-22,547
| -95% | -$4.56M |
|
1634
Cimpress
CMPR
$2.13B
| $203K | ﹤0.01% |
+8,279
| New | +$283K |
|
1635
PUT
Carvana
CVNA
$79.5B
| $203K | ﹤0.01% |
+50,000
| New | +$326K |
|
|
SAFE
1636
Safehold
SAFE
$1.1B
| $202K | ﹤0.01% |
+4,474
| New | +$311K |
|
1637
Stoke Therapeutics
STOK
$2.09B
| $202K | ﹤0.01% |
+15,702
| New | +$250K |
|
|
DMC
1638
Del Monte Corp
DMC
$1.51B
| $201K | ﹤0.01% |
+8,669
| New | +$242K |
|
|
UBX
1639
DELISTED
Unity Biotechnology
UBX
| $201K | ﹤0.01% |
+50,989
| New | +$322K |
|
1640
AdvanSix
ASIX
$454M
| $200K | ﹤0.01% |
6,245
-17,142
| -73% | -$617K |
|
1641
Unitil
UTL
$977M
| $200K | ﹤0.01% |
+4,306
| New | +$233K |
|
1642
Warby Parker
WRBY
$3.24B
| $200K | ﹤0.01% |
+15,004
| New | +$200K |
|
1643
Rekor Systems
REKR
$80.3M
| $199K | ﹤0.01% |
198,860
-106,136
| -35% | -$161K |
|
1644
Kyndryl
KD
$2.78B
| $198K | ﹤0.01% |
23,915
-2,229
| -9% | -$23.2K |
|
1645
LSB Industries
LXU
$772M
| $197K | ﹤0.01% |
13,822
-77,693
| -85% | -$1.1M |
|
|
ONEM
1646
DELISTED
1Life Healthcare
ONEM
| $197K | ﹤0.01% |
11,500
-138,173
| -92% | -$2.17M |
|
1647
Alto Ingredients
ALTO
$325M
| $195K | ﹤0.01% |
+53,592
| New | +$226K |
|
1648
AMC Entertainment Holdings
AMC
$2.38B
| $195K | ﹤0.01% |
2,800
+158
| +6% | +$21.6K |
|
|
TBI
1649
Trueblue
TBI
$325M
| $195K | ﹤0.01% |
+10,239
| New | +$207K |
|
1650
Algoma Steel
ASTL
$424M
| $194K | ﹤0.01% |
30,129
-35,401
| -54% | -$316K |
|
Similar funds
Michael Gelband's Q3 2022 Portfolio in Review
As of Q3 2022, Michael Gelband held 2,519 positions worth $7.65B, down 6.2% from $8.16B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Michael Gelband's Q3 2022 filing shows 638 new, 627 increased, 557 reduced and 688 closed positions. Its largest new stake was Sun Communities: 212,831 shares worth $28.8M. The largest sale was Entergy, an estimated $71.2M.
By sector, the portfolio is most concentrated in Industrials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Utilities.
- Michael Gelband's largest Q3 2022 buy was Sun Communities: 212,831 shares worth $28.8M.
- Michael Gelband added most to EOG Resources in Q3 2022, an estimated $54.2M increase.
- Michael Gelband's biggest Q3 2022 reduction was Entergy, cutting an estimated $71.2M.
- Michael Gelband fully exited MACOM Technology Solutions in Q3 2022, selling an estimated $28.2M.
- Michael Gelband's ten largest holdings make up 9.6% of its $7.65B portfolio in Q3 2022.
- Michael Gelband opened 638 new positions and closed 688 in Q3 2022.
- Michael Gelband's portfolio value fell 6.2% quarter-over-quarter to $7.65B.
Based on ExodusPoint Capital Management's 13F filing for Q3 2022, filed 10 Nov 2022.