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
-0.13%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$7.41B
AUM Growth
-$1.63B
Cap. Flow
-$1.27B
Cap. Flow %
-17.2%
Top 10 Hldgs %
9.76%
Holding
2,951
New
679
Increased
670
Reduced
594
Closed
919

Top Buys

Rank Stock Value
1
AMD icon
Advanced Micro Devices
AMD
+$60.6M
2
CSGP icon
CoStar Group
CSGP
+$57.8M
3
ED icon
Consolidated Edison
ED
+$52.3M
4
DE icon
Deere & Co
DE
+$44.5M
5
EXC icon
Exelon
EXC
+$42.1M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$483M
2
AMZN icon
Amazon
AMZN
+$366M
3
MRNA icon
Moderna
MRNA
+$123M
4
ETR icon
Entergy
ETR
+$44.9M
5
LIN icon
Linde
LIN
+$43.7M

Sector Composition

Rank Sector Weight
1 Technology 16.98%
2 Industrials 10.54%
3 Consumer Discretionary 9.76%
4 Financials 9.11%
5 Healthcare 7.73%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVGI icon
2201
Commercial Vehicle Group
CVGI
$124M
– –
-31,166
Closed -$331K
CVLT icon
2202
Commault Systems
CVLT
$5.43B
– –
-12,937
Closed -$1.01M
CVM icon
2203
CEL-SCI Corp
CVM
$24.3M
– –
-1,177
Closed -$306K
CVS icon
2204
CVS Health
CVS
$120B
– –
-13,841
Closed -$1.16M
CW icon
2205
Curtiss-Wright
CW
$22.7B
– –
-9,440
Closed -$1.12M
CWBC
2206
Community West Bancshares
CWBC
$706M
– –
-13,459
Closed -$271K
CWCO icon
2207
Consolidated Water Co
CWCO
$479M
– –
-29,260
Closed -$343K
CWST icon
2208
Casella Waste Systems
CWST
$6.03B
– –
-8,162
Closed -$518K
CXT icon
2209
Crane NXT
CXT
$2.87B
– –
-48,592
Closed -$1.56M
CYH icon
2210
Community Health Systems
CYH
$424M
– –
-24,601
Closed -$380K
CYBR
2211
DELISTED
CyberArk
CYBR
– –
-9,660
Closed -$1.26M
D icon
2212
Dominion Energy
D
$58.6B
– –
-34,110
Closed -$2.51M
DADA
2213
DELISTED
Dada Nexus
DADA
– –
-18,474
Closed -$536K
DAKT icon
2214
Daktronics
DAKT
$918M
– –
-11,316
Closed -$75K
DAL icon
2215
CALL
Delta Air Lines
DAL
$54.2B
– –
-200,000
Closed -$8.64M
DAN icon
2216
Dana Inc
DAN
$3.24B
– –
-32,583
Closed -$774K
DASH icon
2217
DoorDash
DASH
$99.3B
– –
-2,036
Closed -$363K
DASH icon
2218
PUT
DoorDash
DASH
$99.3B
– –
-30,000
Closed -$5.35M
DAWN
2219
DELISTED
Day One Biopharmaceuticals
DAWN
– –
-9,372
Closed -$213K
DB icon
2220
Deutsche Bank
DB
$72.2B
– –
-56,474
Closed -$739K
DBI icon
2221
Designer Brands
DBI
$297M
– –
-189,697
Closed -$3.14M
DBRG icon
2222
DigitalBridge
DBRG
$2.95B
– –
-33,928
Closed -$1.07M
DEI icon
2223
Douglas Emmett
DEI
$2B
– –
-14,979
Closed -$504K
DFH icon
2224
Dream Finders Homes
DFH
$1.34B
– –
-14,247
Closed -$348K
DHS icon
2225
WisdomTree US High Dividend Fund
DHS
$1.61B
– –
-1,331
Closed -$104K
87 88
89
90 91

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 2021 Portfolio in Review

As of Q3 2021, Michael Gelband held 2,951 positions worth $7.41B, down 18% from $9.04B the previous quarter. Its ten largest holdings account for 9.8% of the portfolio.

Michael Gelband withdrew a net $1.27B in Q3 2021, closing 919 positions and reducing 594 holdings. Its most notable exit was Amazon, an estimated $366M position sold in full.

By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 15% a quarter earlier, followed by Industrials and Consumer Discretionary.

Against the trend, Michael Gelband opened a new position in Advanced Micro Devices worth $61M.

  • Michael Gelband's largest Q3 2021 buy was Advanced Micro Devices: 592,990 shares worth $61M.
  • Michael Gelband added most to CoStar Group in Q3 2021, an estimated $57.8M increase.
  • Michael Gelband's biggest Q3 2021 reduction was Microsoft, cutting an estimated $483M.
  • Michael Gelband fully exited Amazon in Q3 2021, selling an estimated $366M.
  • Michael Gelband's ten largest holdings make up 9.8% of its $7.41B portfolio in Q3 2021.
  • Michael Gelband opened 679 new positions and closed 919 in Q3 2021.
  • Michael Gelband's portfolio value fell 18% quarter-over-quarter to $7.41B.

Based on ExodusPoint Capital Management's 13F filing for Q3 2021, filed 15 Nov 2021.