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
RES icon
2151
RPC Inc
RES
$1.41B
– –
-183,703
Closed -$566K
REVG
2152
DELISTED
REV Group
REVG
– –
-25,907
Closed -$158K
REXR icon
2153
Rexford Industrial Realty
REXR
$8.3B
– –
-113,063
Closed -$4.68M
RGNX icon
2154
Regenxbio
RGNX
$708M
– –
-26,978
Closed -$994K
RGR icon
2155
Sturm, Ruger & Co
RGR
$624M
– –
-21,611
Closed -$1.64M
RGS icon
2156
Regis Corp
RGS
$66.9M
– –
-1,282
Closed -$210K
RIO icon
2157
Rio Tinto
RIO
$171B
– –
-22,787
Closed -$1.28M
RITM icon
2158
Rithm Capital
RITM
$5.69B
– –
-195,936
Closed -$1.46M
RJF icon
2159
Raymond James Financial
RJF
$33.7B
– –
-36,212
Closed -$1.66M
RM icon
2160
Regional Management Corp
RM
$315M
– –
-24,318
Closed -$431K
RMBS icon
2161
Rambus
RMBS
$9.9B
– –
-58,267
Closed -$886K
ROK icon
2162
Rockwell Automation
ROK
$48.5B
– –
-8,090
Closed -$1.72M
ROST icon
2163
Ross Stores
ROST
$76.7B
– –
-140,198
Closed -$11.9M
RPM icon
2164
RPM International
RPM
$13.9B
– –
-30,015
Closed -$2.25M
RRGB icon
2165
Red Robin
RRGB
$189M
– –
-129,747
Closed -$1.32M
RS icon
2166
Reliance Steel & Aluminium
RS
$19.8B
– –
-30,833
Closed -$2.93M
RWT
2167
Redwood Trust
RWT
$603M
– –
-146,673
Closed -$1.03M
RYTM icon
2168
Rhythm Pharmaceuticals
RYTM
$7.57B
– –
-13,483
Closed -$301K
SAFT icon
2169
Safety Insurance
SAFT
$1.52B
– –
-4,470
Closed -$341K
SAIC icon
2170
Saic
SAIC
$5.41B
– –
-48,138
Closed -$3.74M
SANM icon
2171
Sanmina
SANM
$10.1B
– –
-65,574
Closed -$1.64M
SAR icon
2172
Saratoga Investment
SAR
$296M
– –
-24,345
Closed -$385K
SBCF icon
2173
Seacoast Banking Corp of Florida
SBCF
$3.35B
– –
-12,133
Closed -$248K
SBSI icon
2174
Southside Bancshares
SBSI
$956M
– –
-27,057
Closed -$750K
SCHV
2175
Schwab US Large-Cap Value ETF
SCHV
$16B
– –
-214,500
Closed -$3.58M
85 86
87
88 89

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.