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
+4.49%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$12.3B
AUM Growth
+$227M
Cap. Flow
-$346M
Cap. Flow %
-2.81%
Top 10 Hldgs %
24.75%
Holding
2,377
New
669
Increased
496
Reduced
623
Closed
582

Top Buys

Rank Stock Value
1
GPN icon
Global Payments
GPN
+$308M
2
PXD
Pioneer Natural Resource Co.
PXD
+$76.7M
3
AMH icon
American Homes 4 Rent
AMH
+$69.4M
4
EQIX icon
Equinix
EQIX
+$51.2M
5
COLD icon
Americold
COLD
+$48.4M

Top Sells

Rank Stock Value
1
NI icon
NiSource
NI
+$77.7M
2
LIN icon
Linde
LIN
+$71M
3
DTE icon
DTE Energy
DTE
+$57.1M
4
FCX icon
Freeport-McMoran
FCX
+$51.7M
5
FDX icon
FedEx
FDX
+$44.9M

Sector Composition

Rank Sector Weight
1 Industrials 11.05%
2 Technology 9.71%
3 Healthcare 9.12%
4 Real Estate 6.85%
5 Utilities 6.79%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLS icon
2251
Telos
TLS
$336M
– –
-19,849
Closed -$50K
TNK icon
2252
Teekay Tankers
TNK
$3.16B
– –
-14,204
Closed -$610K
TOST icon
2253
Toast
TOST
$21.2B
– –
-142,010
Closed -$2.52M
TPL icon
2254
Texas Pacific Land
TPL
$26.5B
– –
-15,876
Closed -$3M
TRI icon
2255
Thomson Reuters
TRI
$45.7B
– –
-1,567
Closed -$215K
TRMB icon
2256
Trimble
TRMB
$14B
– –
-192,558
Closed -$10.1M
TSN icon
2257
Tyson Foods
TSN
$20.6B
– –
-25,866
Closed -$1.53M
U icon
2258
Unity
U
$20.7B
– –
-44,411
Closed -$1.44M
UBX
2259
DELISTED
Unity Biotechnology
UBX
– –
-93,597
Closed -$153K
UDMY
2260
DELISTED
Udemy
UDMY
– –
-29,694
Closed -$262K
UEC icon
2261
Uranium Energy
UEC
$6.31B
– –
-133,513
Closed -$385K
ULCC icon
2262
Frontier Group Holdings
ULCC
$1.37B
– –
-184,893
Closed -$1.82M
UMBF icon
2263
UMB Financial
UMBF
$11B
– –
-25,738
Closed -$1.49M
UNF icon
2264
Unifirst Corp
UNF
$5.25B
– –
-12,511
Closed -$2.21M
UNIT
2265
Uniti Group
UNIT
$2.42B
– –
-199,923
Closed -$710K
UPBD icon
2266
Upbound Group
UPBD
$1.1B
– –
-93,098
Closed -$2.28M
USB icon
2267
US Bancorp
USB
$96.7B
– –
-171,009
Closed -$6.17M
USFD icon
2268
US Foods
USFD
$23.7B
– –
-97,172
Closed -$3.59M
USNA icon
2269
Usana Health Sciences
USNA
$250M
– –
-3,430
Closed -$216K
UTL icon
2270
Unitil
UTL
$970M
– –
-8,891
Closed -$507K
VALE icon
2271
Vale
VALE
$62.1B
– –
-1,383,686
Closed -$21.8M
VATE icon
2272
INNOVATE Corp
VATE
$107M
– –
-1,185
Closed -$35K
VCIT icon
2273
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.5B
– –
-11,300
Closed -$906K
VCSH icon
2274
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
– –
-400,270
Closed -$30.5M
VERX icon
2275
Vertex
VERX
$2.19B
– –
-23,250
Closed -$481K
89 90
91
92 93

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 2023 Portfolio in Review

As of Q2 2023, Michael Gelband held 2,377 positions worth $12.3B, up 1.9% from $12.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

Michael Gelband's Q2 2023 filing shows 669 new, 496 increased, 623 reduced and 582 closed positions. Its largest new stake was Pioneer Natural Resource Co.: 364,360 shares worth $75.5M. The largest sale was NiSource, an estimated $77.7M.

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

  • Michael Gelband's largest Q2 2023 buy was Pioneer Natural Resource Co.: 364,360 shares worth $75.5M.
  • Michael Gelband added most to Global Payments in Q2 2023, an estimated $308M increase.
  • Michael Gelband's biggest Q2 2023 reduction was NiSource, cutting an estimated $77.7M.
  • Michael Gelband fully exited L3Harris in Q2 2023, selling an estimated $44.7M.
  • Michael Gelband's ten largest holdings make up 25% of its $12.3B portfolio in Q2 2023.
  • Michael Gelband opened 669 new positions and closed 582 in Q2 2023.
  • Michael Gelband's portfolio value rose 1.9% quarter-over-quarter to $12.3B.

Based on ExodusPoint Capital Management's 13F filing for Q2 2023, filed 11 Aug 2023.