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
XIFR
2076
XPLR Infrastructure LP
XIFR
$1.05B
– –
-550,206
Closed -$5.23M
TTAM
2077
Titan America SA
TTAM
$2.8B
– –
-16,266
Closed -$220K
NXXT
2078
NextNRG Inc
NXXT
$39.3M
– –
-16,837
Closed -$53K
TIC
2079
TIC Solutions Inc
TIC
$2.08B
– –
-10,832
Closed -$120K
EVBN
2080
DELISTED
Evans Bancorp Inc
EVBN
– –
-5,808
Closed -$226K
BERY
2081
DELISTED
Berry Global Group, Inc.
BERY
– –
-135,737
Closed -$9.48M
BECN
2082
CALL
DELISTED
Beacon Roofing Supply, Inc.
BECN
– –
-127,700
Closed -$15.8M
BECN
2083
DELISTED
Beacon Roofing Supply, Inc.
BECN
– –
-3,506
Closed -$434K
BECN
2084
PUT
DELISTED
Beacon Roofing Supply, Inc.
BECN
– –
-82,000
Closed -$10.1M
ENFN
2085
DELISTED
Enfusion, Inc.
ENFN
– –
-71,425
Closed -$796K
FNA
2086
DELISTED
Paragon 28, Inc.
FNA
– –
-595,652
Closed -$7.78M
AMPS
2087
DELISTED
Altus Power
AMPS
– –
-24,503
Closed -$121K
LGTY
2088
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
– –
-175,769
Closed -$2.51M
ITCI
2089
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
– –
-30,000
Closed -$3.96M
ITCI
2090
DELISTED
Intra-Cellular Therapies Inc.
ITCI
– –
-18,843
Closed -$2.49M
ITCI
2091
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
– –
-23,000
Closed -$3.03M
DM
2092
DELISTED
Desktop Metal, Inc.
DM
– –
-79,876
Closed -$392K
ML
2093
DELISTED
MoneyLion Inc.
ML
– –
-19,242
Closed -$1.67M
80 81 82 83
84

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.