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
+13.78%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$5.02B
AUM Growth
+$1.17B
Cap. Flow
+$816M
Cap. Flow %
16.26%
Top 10 Hldgs %
31.54%
Holding
2,471
New
743
Increased
409
Reduced
522
Closed
789

Top Buys

Rank Stock Value
1
SCHW
Charles Schwab
SCHW
+$64.4M
2
DD icon
DuPont de Nemours
DD
+$35.6M
3
BABA icon
Alibaba
BABA
+$35.4M
4
AAPL icon
Apple
AAPL
+$34.3M
5
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$28.2M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$88.3M
2
IWM icon
iShares Russell 2000 ETF
IWM
+$46.6M
3
NBIS
Nebius Group N.V.
NBIS
+$40.7M
4
CMCSA icon
Comcast
CMCSA
+$38.1M
5
PCG icon
PG&E
PCG
+$31.6M

Sector Composition

Rank Sector Weight
1 Technology 10.94%
2 Financials 10.6%
3 Healthcare 8.31%
4 Industrials 7.75%
5 Consumer Discretionary 7.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ESTC icon
1876
Elastic
ESTC
$8.93B
– –
-59,867
Closed -$5.52M
EVRI
1877
DELISTED
Everi Holdings
EVRI
– –
-28,652
Closed -$148K
EW icon
1878
Edwards Lifesciences
EW
$51.8B
– –
-29,187
Closed -$2.28M
EWG icon
1879
iShares MSCI Germany ETF
EWG
$1.72B
– –
-18,800
Closed -$510K
EWW icon
1880
iShares MSCI Mexico ETF
EWW
$1.86B
– –
-50,400
Closed -$1.61M
EWZ icon
1881
iShares MSCI Brazil ETF
EWZ
$8.04B
– –
-67,536
Closed -$1.94M
EWZ icon
1882
PUT
iShares MSCI Brazil ETF
EWZ
$8.04B
– –
-250,000
Closed -$7.2M
EXP icon
1883
Eagle Materials
EXP
$6.35B
– –
-9,148
Closed -$642K
EXPE icon
1884
CALL
Expedia Group
EXPE
$38.6B
– –
-45,000
Closed -$3.71M
EXPE icon
1885
Expedia Group
EXPE
$38.6B
– –
-8,038
Closed -$661K
EXTR icon
1886
Extreme Networks
EXTR
$3B
– –
-60,359
Closed -$262K
EYE icon
1887
PUT
National Vision
EYE
$1.41B
– –
-30,000
Closed -$920K
FANG icon
1888
Diamondback Energy
FANG
$59B
– –
-36,224
Closed -$1.51M
FARO
1889
DELISTED
Faro Technologies
FARO
– –
-11,672
Closed -$626K
FAST icon
1890
Fastenal
FAST
$58.8B
– –
-81,304
Closed -$1.74M
FCFS icon
1891
FirstCash
FCFS
$9.77B
– –
-5,909
Closed -$399K
FCN icon
1892
FTI Consulting
FCN
$4.3B
– –
-60,797
Closed -$6.96M
FCX icon
1893
Freeport-McMoran
FCX
$110B
– –
-38,449
Closed -$445K
FF icon
1894
Future Fuel
FF
$244M
– –
-18,955
Closed -$227K
FHI icon
1895
Federated Hermes
FHI
$4.76B
– –
-51,364
Closed -$1.22M
FITB
1896
Fifth Third Bancorp
FITB
$49.7B
– –
-12,286
Closed -$237K
FIX icon
1897
Comfort Systems
FIX
$58.3B
– –
-18,532
Closed -$755K
FLEX icon
1898
Flex
FLEX
$40.8B
– –
-161,016
Closed -$1.24M
FLS icon
1899
Flowserve
FLS
$10.1B
– –
-23,721
Closed -$677K
FLWS icon
1900
1-800-Flowers.com
FLWS
$254M
– –
-35,790
Closed -$717K
74 75
76
77 78

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 Q3 2020 Portfolio in Review

As of Q3 2020, Michael Gelband held 2,471 positions worth $5.02B, up 30% from $3.85B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Michael Gelband deployed $816M of net new capital in Q3 2020, opening 743 new positions and adding to 409 existing holdings. Its largest new stake was State Street Energy Select Sector SPDR ETF: 1,291,886 shares worth $19.3M.

By sector, the portfolio is most concentrated in Technology at 11% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was iShares Russell 2000 ETF, an estimated $46.6M trimmed.

  • Michael Gelband's largest Q3 2020 buy was State Street Energy Select Sector SPDR ETF: 1,291,886 shares worth $19.3M.
  • Michael Gelband added most to Charles Schwab in Q3 2020, an estimated $64.4M increase.
  • Michael Gelband's biggest Q3 2020 reduction was iShares Russell 2000 ETF, cutting an estimated $46.6M.
  • Michael Gelband fully exited State Street SPDR S&P 500 ETF Trust in Q3 2020, selling an estimated $88.3M.
  • Michael Gelband's ten largest holdings make up 32% of its $5.02B portfolio in Q3 2020.
  • Michael Gelband opened 743 new positions and closed 789 in Q3 2020.
  • Michael Gelband's portfolio value rose 30% quarter-over-quarter to $5.02B.

Based on ExodusPoint Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.