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
+18.5%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$15.5B
AUM Growth
+$2.94B
Cap. Flow
+$1.45B
Cap. Flow %
9.35%
Top 10 Hldgs %
30.63%
Holding
2,230
New
735
Increased
384
Reduced
378
Closed
720

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$614M
2
AAPL icon
Apple
AAPL
+$443M
3
BLD
TopBuild
BLD
+$391M
4
SPCX
SpaceX
SPCX
+$329M
5
PEN icon
Penumbra
PEN
+$203M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$1.96B
2
NVDA icon
NVIDIA
NVDA
+$425M
3
SNDK
Sandisk
SNDK
+$88M
4
SO icon
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
PIPR icon
1951
Piper Sandler
PIPR
$5.3B
– –
-116,980
Closed -$8.95M
PLTK icon
1952
Playtika
PLTK
$904M
– –
-365,878
Closed -$1.02M
POOL icon
1953
Pool Corp
POOL
$6.83B
– –
-54,701
Closed -$11.1M
PPC icon
1954
Pilgrim's Pride
PPC
$7.68B
– –
-124,182
Closed -$4.69M
PRAX icon
1955
Praxis Precision Medicines
PRAX
$10.5B
– –
-14,742
Closed -$4.75M
PRCH icon
1956
Porch Group
PRCH
$1.94B
– –
-88,920
Closed -$638K
PRGO icon
1957
Perrigo
PRGO
$1.98B
– –
-190,050
Closed -$2.04M
PRM icon
1958
Perimeter Solutions
PRM
$5.15B
– –
-21,417
Closed -$523K
PROK icon
1959
ProKidney
PROK
$336M
– –
-254,353
Closed -$455K
PRVA icon
1960
Privia Health
PRVA
$2.7B
– –
-84,558
Closed -$1.74M
PSEC icon
1961
Prospect Capital
PSEC
$1.17B
– –
-34,292
Closed -$89.5K
PTEN icon
1962
Patterson-UTI
PTEN
$4.71B
– –
-488,002
Closed -$5.29M
PTON icon
1963
CALL
Peloton Interactive
PTON
$2.37B
– –
-250,000
Closed -$1.07M
PTON icon
1964
Peloton Interactive
PTON
$2.37B
– –
-1,125,483
Closed -$4.83M
PUMP icon
1965
ProPetro Holding
PUMP
$1.39B
– –
-53,916
Closed -$777K
QURE icon
1966
uniQure
QURE
$3.36B
– –
-436,467
Closed -$7.14M
RBLX icon
1967
Roblox
RBLX
$27.4B
– –
-170,220
Closed -$9.63M
RCI icon
1968
Rogers Communications
RCI
$19.6B
– –
-17,723
Closed -$681K
RDN icon
1969
Radian Group
RDN
$4.84B
– –
-101,418
Closed -$3.35M
REFI
1970
Chicago Atlantic Real Estate Finance
REFI
$276M
– –
-10,150
Closed -$115K
REGN icon
1971
Regeneron Pharmaceuticals
REGN
$85.9B
– –
-3,756
Closed -$2.9M
REI icon
1972
Ring Energy
REI
$386M
– –
-10,098
Closed -$15.4K
RELY icon
1973
Remitly
RELY
$5.65B
– –
-202,844
Closed -$3.18M
RF icon
1974
PUT
Regions Financial
RF
$25.9B
– –
-100,000
Closed -$2.61M
RGLD icon
1975
Royal Gold
RGLD
$21.9B
– –
-1,258
Closed -$320K
77 78
79
80 81

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 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.