{"url":"https://nivawealth.com/firms/ellington-management-group-112493","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/112493","regulatoryAum":20757004631,"crd":"112493","secFileNumber":"801-56399","legalName":"Ellington Management Group, L.L.C.","displayName":"Ellington Management Group","website":"http://www.ellington.com","linkedinUrl":"https://www.linkedin.com/company/ellington-management-group","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"53 Forest Avenue, 3rd Floor","city":"Old Greenwich","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06870"},"tradeNames":[],"registration":{"secApproved":"1 April 1999","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":164,"advisory":68,"brokerDealerReps":8,"insuranceAgents":0,"promoters":3},"aum":{"discretionary":18075481234,"discretionaryAccounts":27,"nonDiscretionary":2681523397,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":73,"nonAumClients":6},"clientTypes":[{"label":"Pooled investment vehicles","clients":25,"regulatoryAum":10900330676},{"label":"State or municipal government entities","clients":1,"regulatoryAum":786851069},{"label":"Other investment advisers","clients":6,"regulatoryAum":2681523397},{"label":"Sovereign wealth funds and foreign official institutions","clients":1,"regulatoryAum":6388299489}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":2495255750}],"custodyNote":"Ellington Management Group has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Vranos","title":"Chief Executive Officer","crd":"2013180"},{"name":"Patrick Maloney","title":"Chief Compliance Officer","crd":"4777731"},{"name":"John Geanakoplos","title":"Managing Director","crd":"2319447"},{"name":"Daniel Margolis","title":"General Counsel","crd":"5800952"},{"name":"Laurence Penn","title":"Vice Chairman and COO","crd":"1914867"},{"name":"Mark Tecotzky","title":"Vice Chairman","crd":"1656046"},{"name":"Andrew Vranos","title":"Managing Director","crd":"2375740"}],"ownership":[{"label":"Emg Holdings, L.P.","detail":"Member in the 75% or more ownership band and a control person, since January 2007."},{"label":"Michael Vranos","detail":"Indirect owner: a managing member of VC Investments, L.L.C. in the 75% or more band and a control person, since August 1995. Also a limited partner of Emg Holdings, L.P. in the 25% to 50% band and a control person, since April 2007.","parent":"VC Investments, L.L.C."},{"label":"VC Investments, L.L.C.","detail":"Indirect owner: general partner of Emg Holdings, L.P. and a control person, since January 2007.","parent":"Emg Holdings, L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"53 Forest Avenue, 3rd Floor","city":"Old Greenwich","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"711 Third Ave.","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"203-698-1200","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":1},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":96,"detail":"\"other\" Includes Amounts Intended to Reflect Receivables, If Any, and, If Present, Investments in Non-Agency and Agency Collateralized Mortgage Obligations (cmos), Collateralized Loan Obligations (clos), Collateralized Debt Obligations (cdos), Agency Mortgage Pools, Residential and Commercial Mortgage Loans, Corporate Loans, Consumer Loans, and Other Mortgage-Related Investments."}],"privateFunds":29},"sources":{"adv1FilingDate":"14 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/112493/PDF/112493.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Ellington Management Group have?","answer":"Ellington Management Group has 33 clients and manages $20.8 billion for them, as of August 2026. They include 25 pooled investment vehicles, 6 other investment advisers and 1 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 14 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Ellington Management Group offer?","answer":"Ellington Management Group provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Ellington Management Group use?","answer":"Ellington Management Group’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $2,495,255,750. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Ellington Management Group have?","answer":"Ellington Management Group has 0 investment adviser representatives registered with state securities authorities, out of 164 employees, and 68 perform investment advisory functions. 8 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Ellington Management Group invest in?","answer":"At the end of its last fiscal year, Ellington Management Group’s separately managed accounts held 96% \"other\" includes amounts intended to reflect receivables, if any, and, if present, investments in non-agency and agency collateralized mortgage obligations (cmos), collateralized loan obligations (clos), collateralized debt obligations (cdos), agency mortgage pools, residential and commercial mortgage loans, corporate loans, consumer loans, and other mortgage-related investments., 2% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds, 1% high-yield corporate bonds and 1% derivatives. It advises 29 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Ellington Management Group?","answer":"Ellington Management Group is owned through a chain of holding companies by Michael Vranos. Its direct owner is Emg Holdings, L.P. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 14 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Ellington Management Group get paid?","answer":"Ellington Management Group is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}