DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Ellington Management Group, L.L.C.

Asset manager (funds and pooled vehicles)Old Greenwich, ConnecticutCRD 112493SEC 801-56399websiteIAPD
Latest filing Aug 14, 2026
First filing on the tape Mar 30, 2012 · 81 filings
SEC status approved since Apr 1, 1999
RAUM
$21B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
164
68 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
29
reported on Schedule D
History
81 filings and snapshots on the tape
RAUM$21B as of Aug 14, 2026
Mar 30, 2012$6.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 14, 2026
Mar 30, 20120 then
Employees (5.A)164 as of Aug 14, 2026
Mar 28, 2013123 then
Private funds29 as of Aug 14, 2026
Mar 30, 201215 then
RAUM +69% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 14, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$629MderivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
35%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+69%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$11B53%
  • Sovereign wealth funds$6.4B31%
  • Other investment advisers$2.7B13%
  • State and municipal entities$787M3.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
33reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.65 institutional_share=0.35 related_bd=true related_bank=true bd_reps=8.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      50 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Gwn Ellington Fund Ltd.Hedge Fund$2.3B1Oct 17, 2023
      Crescent II Fund, L.P.Hedge Fund$1.1B5Mar 30, 2012
      Ellington Empire Fund LLCHedge Fund$1.1B2May 20, 2022
      Eso Dld LLCno longer reportedHedge Fund$772M3Feb 28, 2017
      Ellington Credit Opportunities, Ltd.Hedge Fund$628M27Mar 30, 2012
      Ellington Mortgage Opportunities Master Fund, Ltd.Hedge Fund$573M23Mar 30, 2012
      Ellington Securitized Product Fund Ltd.no longer reportedHedge Fund$551M2Feb 27, 2013
      Ellington Strategic Mortgage Institutional Fund, L.P.Hedge Fund$435M11Mar 30, 2012
      P Ellington Gmf Ltd.no longer reportedHedge Fund$361M4Feb 28, 2014
      Ellington Private Opportunities Main Master Fund III LPHedge Fund$296M249Feb 25, 2022
      Hh Ellington Master Fund II Ltd.no longer reportedHedge Fund$276M2Aug 24, 2020
      Ellington Clo III, Ltd.Securitized Asset Fund$271M5Nov 29, 2018
      Ellington Special Relative Value Fund LLCHedge Fund$265M2Aug 24, 2020
      Ellington Strategic Mortgage Fund, L.P.Hedge Fund$263M34Mar 30, 2012
      Ellington M Credit Master Fund Ltd.Hedge Fund$238M5Feb 3, 2023
      Ellington Clo I, Ltd.Securitized Asset Fund$221M7Aug 23, 2017
      Ellington Mortgage Fund S.C., LtdHedge Fund$213M34Mar 30, 2012
      Ellington Clo IV, Ltd.Securitized Asset Fund$183M4Mar 29, 2019
      Ellington Mortgage Recovery Non-Re Master Fund II LPHedge Fund$168M3May 16, 2023
      Ellington Special Opportunities LLCHedge Fund$163M3Feb 27, 2013
      Ellington Clo II, Ltd.Securitized Asset Fund$146M7Mar 29, 2018
      Ellington Mortgage Recovery Real Estate Master Fund II LPHedge Fund$136M4May 16, 2023
      Ellington Commercial Real Estate Debt Main Master Fund LPHedge Fund$95.5M186Aug 24, 2020
      Ellington Private Opportunities Master Fund II (B) LPHedge Fund$83.6M278Jul 24, 2018
      Ellington Private Opportunities Auxiliary Master Fund III LPHedge Fund$83.2M249Feb 25, 2022
      Ellington Commercial Real Estate Debt Main Master Fund II LPHedge Fund$80.8M186May 29, 2024
      Ellington Warlander Partners LPHedge Fund$61.0M20Nov 25, 2015
      Ellington Mortgage Recovery Auxiliary Master Fund LPno longer reportedHedge Fund$57.8M87Feb 25, 2021
      Ellington Opportunities Main Master Fund LPHedge Fund$57.1M4Feb 25, 2022
      Constellation Puerto Rico, Sp Of Constellation Spc Ltd.no longer reportedHedge Fund$56.2M49Mar 31, 2021
      Ellington Private Opportunities Master Fund II (A) LPHedge Fund$52.3M278Jul 24, 2018
      Ellington Opportunities Auxiliary Master Fund LPHedge Fund$50.1M4Feb 25, 2022
      Ellington Quantitative Equity Master Fund, Ltd.no longer reportedHedge Fund$48.4M13Mar 30, 2012
      Ellington Quantitative Macro Master Fund Ltd.no longer reportedHedge Fund$46.7M1Mar 30, 2012
      Ellington Private Opportunities Re Master Fund III LPHedge Fund$38.4M249Feb 25, 2022
      Ellington Residential Mortgage LPno longer reportedHedge Fund$32.2M2Feb 27, 2013
      Ellington Systematic Credit Master Fund Ltd.Hedge Fund$32.1M2Mar 30, 2012
      Ez Sbc LLCno longer reportedReal Estate Fund$17.9M4Mar 30, 2012
      Ellington Loan Opportunities Fund LLCno longer reportedReal Estate Fund$16.9M10Mar 30, 2012
      Ellington-Ga Rpl 1 LLCno longer reportedHedge Fund$16.1M3Mar 31, 2021
      All funds of Ellington Management Group, L.L.C.
      Owners and control persons
      Schedule A and B, latest filing
      • Deno John Geanakoplos · Managing Directorcontrol
        since 08/1995 · owns less than 5%
      • Brady Patrick Maloney · Chief Compliance Officer & Associate General Counselcontrol
        since 01/2024 · owns less than 5%
      • Reuven Daniel Margolis · General Counselcontrol
        since 10/2021 · owns less than 5%
      • Eric Laurence Penn · Vice Chairman And Coocontrol
        since 08/1995 · owns less than 5%
      • Ira Mark Tecotzky · Vice Chairmancontrol
        since 01/2008 · owns less than 5%
      • Andrew Vranos · Managing Directorcontrol
        since 03/2021 · owns less than 5%
      • William Michael Vranos · Chief Executive Officercontrol
        since 08/1995 · owns less than 5%
      • William Michael Vranos · Managing Membercontrol
        since 08/1995 · owns 75% or more of Vc Investments, L.L.C.
      • William Michael Vranos · Limited Partnercontrol
        since 04/2007 · owns 25% to 50% of Emg Holdings, L.P.
      Entity owners
      • Emg Holdings, L.P. · Member
        direct · owns 75% or more
      • Vc Investments, L.L.C. · Managing Member
        direct · owns less than 5%
      • Vc Investments, L.L.C. · General Partner
        indirect · owns F of Emg Holdings, L.P.
      Related persons
      Schedule D 7.A
      • Armstrong Securities LLC
        broker-dealern
      • Cii Gp LLC
        bankpooled vehicle sponsorn
      • Duke Funding Management, L.L.C.
        investment adviseryRAUM $127M
      • E/S Mbs Gp I LLC
        bankpooled vehicle sponsorn
      • E/S Mbs Gp II LLC
        bankpooled vehicle sponsorn
      • Ecop Gp LLC
        bankpooled vehicle sponsorn
      • Ecre Gp LLC
        bankpooled vehicle sponsorn
      • Eei Mm LLC
        bankpooled vehicle sponsorn
      • Ellington Credit Company Management LLC
        investment adviserbanknRAUM $415M
      • Ellington Financial Management LLC
        investment adviserbanknRAUM $19B
      • Ellington Global Asset Management, LLC
        investment adviseryRAUM $9.2B
      • Ellington M Credit Gp LLC
        bankpooled vehicle sponsorn
      • Ellington Management Group (Uk) Llp
        investment advisern
      • Empire Mm LLC
        bankpooled vehicle sponsorn
      • Emr Gp II LLC
        bankpooled vehicle sponsorn
      • Emr Gp LLC
        bankpooled vehicle sponsorn
      • Eof Gp LLC
        bankpooled vehicle sponsorn
      • Epo Gp LLC
        bankpooled vehicle sponsorn
      • Epo II Gp LLC
        bankpooled vehicle sponsorn
      • Epo III Gp LLC
        bankpooled vehicle sponsorn
      • Eso Mm LLC
        bankpooled vehicle sponsorn
      • Esop Gp LLC
        bankpooled vehicle sponsorn
      • Esrv Mm LLC
        bankpooled vehicle sponsorn
      • Hhe Investors II LLC
        bankpooled vehicle sponsorn
      • Nmp Mm LLC
        bankpooled vehicle sponsorn
      Advisers that list Ellington Management Group, L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY48 employees
      • London, United Kingdom4 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $12,283,274,750 to $20,757,004,631 (+69.0%) between the annual amendments of 2025-03-31 and 2026-03-30; the peer median change was +15.0% (470 comparable advisers, 94.0th percentile of changes)
        peers: asset managers, $20B and over (470) · 94% percentile
      What changed
      consecutive filings, newest first
      • Private funds · 25 to 29
        Jun 2, 2026 to Aug 14, 2026
      • Private funds · 24 to 25
        Mar 30, 2026 to Jun 2, 2026
      • Accounts · 36 to 33
        Nov 17, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 29 to 25
        Nov 17, 2025 to Mar 30, 2026
      • Assets in custody · $5.0B to $0
        Nov 17, 2025 to Mar 30, 2026
      • Employees · 160 to 164
        Nov 17, 2025 to Mar 30, 2026
      • Private funds · 30 to 24
        Nov 17, 2025 to Mar 30, 2026
      • Discretionary RAUM · $11B to $18B
        Nov 17, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $1.0B to $2.7B
        Nov 17, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $7.1B to $11B
        Nov 17, 2025 to Mar 30, 2026
      • RAUM · $12B to $21B
        Nov 17, 2025 to Mar 30, 2026
      • Private funds · 29 to 30
        Mar 31, 2025 to Nov 17, 2025
      • Accounts · 33 to 36
        Aug 27, 2024 to Mar 31, 2025
      • Advisory employees · 69 to 68
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 26 to 29
        Aug 27, 2024 to Mar 31, 2025
      • Assets in custody · $4.0B to $5.0B
        Aug 27, 2024 to Mar 31, 2025
      • Employees · 162 to 160
        Aug 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Aug 27, 2024 to Mar 31, 2025
      • Private funds · 32 to 29
        Aug 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $9.1B to $11B
        Aug 27, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $996M to $1.0B
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $6.2B to $7.1B
        Aug 27, 2024 to Mar 31, 2025
      • RAUM · $10B to $12B
        Aug 27, 2024 to Mar 31, 2025
      • Private funds · 31 to 32
        Apr 16, 2024 to May 29, 2024
      • Advisory employees · 71 to 69
        Jan 11, 2024 to Mar 27, 2024
      • BD registered reps · 5 to 8
        Jan 11, 2024 to Mar 27, 2024
      • Pooled vehicle clients · 27 to 26
        Jan 11, 2024 to Mar 27, 2024
      • Assets in custody · $2.2B to $4.0B
        Jan 11, 2024 to Mar 27, 2024
      • Other offices · 3 to 2
        Jan 11, 2024 to Mar 27, 2024
      • Discretionary RAUM · $9.9B to $9.1B
        Jan 11, 2024 to Mar 27, 2024
      • Non-discretionary RAUM · $961M to $996M
        Jan 11, 2024 to Mar 27, 2024
      • Pooled vehicle RAUM · $9.4B to $6.2B
        Jan 11, 2024 to Mar 27, 2024
      • RAUM · $11B to $10B
        Jan 11, 2024 to Mar 27, 2024
      • Private funds · 30 to 31
        Jul 20, 2023 to Oct 17, 2023
      • Private funds · 27 to 30
        Mar 30, 2023 to May 16, 2023
      • Accounts · 36 to 33
        Feb 3, 2023 to Mar 30, 2023
      • Advisory employees · 84 to 71
        Feb 3, 2023 to Mar 30, 2023
      • BD registered reps · 0 to 5
        Feb 3, 2023 to Mar 30, 2023
      • Assets in custody · $3.4B to $2.2B
        Feb 3, 2023 to Mar 30, 2023
      • Employees · 173 to 162
        Feb 3, 2023 to Mar 30, 2023
      Signals
      14 dated events
      • Ellington Management Group, L.L.C. reported RAUM $20.8B, up 69% from $12.3B (2025-11-17 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Brady Patrick Maloney (Chief Compliance Officer & Associate General Counsel) appeared on Schedule A of Ellington Management Group, L.L.C.
        Jan 11, 2024 · Control person joined · fact
      • Joseph Daniel Caffarelli (Chief Compliance Officer) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2023-11-15, absent 2024-01-11)
        Jan 11, 2024 · Control person left · inference
      • Henry Robert Kinderman (Vice Chairman) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2023-05-16, absent 2023-07-20)
        Jul 20, 2023 · Control person left · inference
      • Nathan Bruce Caplain (Chief Administrative Officer) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2022-05-20, absent 2023-02-03)
        Feb 3, 2023 · Control person left · inference
      • Joseph Daniel Caffarelli (Chief Compliance Officer) appeared on Schedule A of Ellington Management Group, L.L.C.
        Feb 25, 2022 · Control person joined · fact
      • Olivier Cojot-Goldberg (Vice Chairman) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2021-12-01, absent 2022-02-25)
        Feb 25, 2022 · Control person left · inference
      • Anthony Paul Asaro (Chief Financial Officer And Managing Director) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2021-12-01, absent 2022-02-25)
        Feb 25, 2022 · Control person left · inference
      • S Peter Lin (Chief Compliance Officer) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2021-05-26, absent 2021-10-21)
        Oct 21, 2021 · Control person left · inference
      • S Peter Lin (Chief Compliance Officer) appeared on Schedule A of Ellington Management Group, L.L.C.
        May 26, 2021 · Control person joined · fact
      • Charles David Rice (Chief Compliance Officer) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2021-05-04, absent 2021-05-26)
        May 26, 2021 · Control person left · inference
      • Andrew Vranos (Managing Director) appeared on Schedule A of Ellington Management Group, L.L.C.
        Mar 31, 2021 · Control person joined · fact
      • Robert Kinderman (Managing Director) appeared on Schedule A of Ellington Management Group, L.L.C.
        Jun 5, 2019 · Control person joined · fact
      • Gregg Richard Brounstein (Vice Chairman And Director Of Investor Relations) no longer on Schedule A of Ellington Management Group, L.L.C. (listed 2019-04-22, absent 2019-06-05)
        Jun 5, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/ellington-management-groupreportedpublic record, Form ADV, Sep 18, 2026
      Website
      ELLINGTON.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      203-698-1200reportedpublic record, Form ADV, Aug 14, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Ellington Management Group, L.L.C. is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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