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
+7.87%
1 Year Est. Return
+38.81%
3 Year Est. Return
+110.53%
5 Year Est. Return
+124.16%
10 Year Est. Return
–
AUM
$9.04B
AUM Growth
+$2.19B
Cap. Flow
+$1.88B
Cap. Flow %
20.78%
Top 10 Hldgs %
34.88%
Holding
3,092
New
1,032
Increased
581
Reduced
587
Closed
820

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$435M
2
AMZN icon
Amazon
AMZN
+$334M
3
MRNA icon
Moderna
MRNA
+$53.9M
4
LIN icon
Linde
LIN
+$44.2M
5
DTE icon
DTE Energy
DTE
+$43.5M

Top Sells

Rank Stock Value
1
IWD icon
iShares Russell 1000 Value ETF
IWD
+$63.6M
2
CMCSA icon
Comcast
CMCSA
+$39.7M
3
EVRG icon
Evergy
EVRG
+$38.5M
4
PEG icon
Public Service Enterprise Group
PEG
+$38.4M
5
TECH icon
Bio-Techne
TECH
+$30.9M

Sector Composition

Rank Sector Weight
1 Technology 15.37%
2 Consumer Discretionary 10.36%
3 Financials 7.14%
4 Industrials 6.8%
5 Healthcare 6.46%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CTLP
2426
DELISTED
Cantaloupe
CTLP
– –
-361,673
Closed -$4.24M
CTRA
2427
DELISTED
Coterra Energy
CTRA
– –
-14,676
Closed -$276K
CTRN icon
2428
Citi Trends
CTRN
$597M
– –
-2,800
Closed -$235K
CTS icon
2429
CTS Corp
CTS
$1.65B
– –
-10,881
Closed -$338K
CTVA icon
2430
Corteva
CTVA
$54.6B
– –
-26,531
Closed -$1.24M
CULP icon
2431
Culp Inc
CULP
$43.5M
– –
-15,419
Closed -$237K
CURI icon
2432
CuriosityStream
CURI
$164M
– –
-68,181
Closed -$924K
CVAC
2433
DELISTED
CureVac
CVAC
– –
-2,496
Closed -$228K
CVEO icon
2434
Civeo
CVEO
$357M
– –
-17,100
Closed -$262K
CVI icon
2435
CVR Energy
CVI
$3.97B
– –
-24,926
Closed -$478K
CVLG icon
2436
Covenant Logistics
CVLG
$893M
– –
-29,520
Closed -$304K
CVNA icon
2437
Carvana
CVNA
$76.9B
– –
-13,880
Closed -$728K
CWEN.A
2438
DELISTED
Clearway Energy Class A
CWEN.A
– –
-75,372
Closed -$2M
CWT icon
2439
California Water Service
CWT
$3.06B
– –
-12,451
Closed -$701K
CX icon
2440
Cemex
CX
$16B
– –
-19,678
Closed -$137K
CXW icon
2441
CoreCivic
CXW
$3.36B
– –
-14,215
Closed -$129K
DAO
2442
Youdao
DAO
$2.21B
– –
-59,634
Closed -$1.42M
DARE icon
2443
Dare Bioscience
DARE
$15.9M
– –
-1,564
Closed -$32K
DBX icon
2444
Dropbox
DBX
$7.5B
– –
-48,671
Closed -$1.3M
DCI icon
2445
Donaldson
DCI
$10.8B
– –
-46,817
Closed -$2.72M
DESP
2446
DELISTED
Despegar.com
DESP
– –
-34,422
Closed -$469K
DFS
2447
DELISTED
Discover Financial Services
DFS
– –
-117,542
Closed -$11.2M
KUST
2448
Kustom Entertainment Inc
KUST
$6.48M
– –
0
– -$52K
DHR icon
2449
Danaher
DHR
$154B
– –
-40,804
Closed -$8.14M
DIOD icon
2450
Diodes
DIOD
$4.33B
– –
-7,461
Closed -$596K
96 97
98
99 100

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 2021 Portfolio in Review

As of Q2 2021, Michael Gelband held 3,092 positions worth $9.04B, up 32% from $6.86B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Michael Gelband deployed $1.88B of net new capital in Q2 2021, opening 1,032 new positions and adding to 581 existing holdings. Its largest new stake was Linde: 151,692 shares worth $43.9M.

By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 13% a quarter earlier, followed by Consumer Discretionary and Financials.

On the sell side, the largest reduction was iShares Russell 1000 Value ETF, an estimated $63.6M trimmed.

  • Michael Gelband's largest Q2 2021 buy was Linde: 151,692 shares worth $43.9M.
  • Michael Gelband added most to Microsoft in Q2 2021, an estimated $435M increase.
  • Michael Gelband's biggest Q2 2021 reduction was iShares Russell 1000 Value ETF, cutting an estimated $63.6M.
  • Michael Gelband fully exited Charles River Laboratories in Q2 2021, selling an estimated $27.9M.
  • Michael Gelband's ten largest holdings make up 35% of its $9.04B portfolio in Q2 2021.
  • Michael Gelband opened 1,032 new positions and closed 820 in Q2 2021.
  • Michael Gelband's portfolio value rose 32% quarter-over-quarter to $9.04B.

Based on ExodusPoint Capital Management's 13F filing for Q2 2021, filed 16 Aug 2021.