Investment adviser · CRD 112493

ELLINGTON MANAGEMENT GROUP, L.L.C.

Investment adviser filing (IA)

OLD GREENWICH, CT, United States · Form ADV filed Aug 14, 2026

Regulatory AUM: $20.8B
Client accounts: 33
Employees: 164
Advisory professionals: 68

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	25	$10,900,330,676	52.5%
Sovereign wealth & foreign institutions	Fewer than 5	$6,388,299,489	30.8%
Other investment advisers	6	$2,681,523,397	12.9%
Government entities	Fewer than 5	$786,851,069	3.8%

Filing source

Form ADV 2110528 · Aug 14, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

GWN ELLINGTON FUND LTD.Hedge Fund · Last reported Aug 14, 2026$6.39BGross asset value

Fund administrator U.S. BANK GLOBAL FUND SERVICES (CAYMAN) LIMITED GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 1266

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-7346055121
Reported beneficial owners: 1
Minimum commitment: $10M

Form ADV 2110528 · Aug 14, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CRESCENT II FUND, L.P.Hedge Fund · Last reported Aug 14, 2026$2.79BGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States Related to adviser: No

Custodian DEUTSCHE BANK NATIONAL TRUST CO. NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian U.S. BANK NATIONAL ASSOCIATION CINCINNATI, Ohio, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Prime broker BNP PARIBAS PRIME BROKERAGE, INC. NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

BNP PARIBAS PRIME BROKERAGE, INC.
SEC 8-40490

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

MORGAN STANLEY & CO. LLC
SEC 8-15869

WELLS FARGO SECURITIES, LLC
SEC 8-22947

BNP PARIBAS PRIME BROKERAGE, INC.
CRD 24962 · SEC 8-40490

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-5520821458
Reported beneficial owners: 4
Minimum commitment: $0

Form ADV 2110528 · Aug 14, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ELLINGTON EMPIRE FUND LLCHedge Fund · Last reported Aug 14, 2026$2.6BGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC HACKENSACK, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS NEW YORK, New York, United States

Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 238

BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

Fund details & source

Fund ID: 805-8334550295
Reported beneficial owners: 3
Minimum commitment: $0

Form ADV 2110528 · Aug 14, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ELLINGTON MORTGAGE OPPORTUNITIES MASTER FUND, LTD.Hedge Fund · Last reported Aug 14, 2026$1.54BGross asset value

Feeder funds

Fund administrator U.S. BANCORP FUND ADMINISTRATION LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GRAND CAYMAN, Cayman Islands