# ELLINGTON MANAGEMENT GROUP LLC

> Institutional holdings reported to the SEC as of Q2 2021 on Form 13F. CIK 1098490. Source: https://holderbook.com/funds/1098490-ellington-management-group-llc/

- Reported value: $675.6M
- Positions: 170
- Weight of the ten largest: 60.4%
- Filed: 2021-08-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $119.0M | 132,076 | 17.6% | 4 |
| AMC ENTMT HLDGS INC | [AMC](https://holderbook.com/stocks/AMC/) | $69.4M | 0 | 10.3% | 1 |
| NABORS INDS INC NEW | - | $49.5M | 54,734,000 | 7.3% | 8 |
| DISH NETWORK CORPORATION | - | $44.3M | 45,545,000 | 6.6% | 5 |
| AVIS BUDGET GROUP INC | [CAR](https://holderbook.com/stocks/CAR/) | $24.6M | 0 | 3.6% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $23.0M | 0 | 3.4% | 2 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $22.1M | 0 | 3.3% | 1 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $21.2M | 0 | 3.1% | 2 |
| RITHM CAPITAL CORP | [RITM](https://holderbook.com/stocks/RITM/) | $18.6M | 1,759,306 | 2.8% | 1 |
| ELLINGTON FINANCIAL INC | [EFC](https://holderbook.com/stocks/EFC/) | $16.3M | 850,887 | 2.4% | 10 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $16.1M | 0 | 2.4% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $13.7M | 0 | 2.0% | 3 |
| MR COOPER GROUP INC | [COOP](https://holderbook.com/stocks/COOP/) | $13.0M | 393,763 | 1.9% | 4 |
| PENNYMAC FINL SVCS INC NEW | [PFSI](https://holderbook.com/stocks/PFSI/) | $11.6M | 187,278 | 1.7% | 11 |
| KOHLS CORP | [KSS](https://holderbook.com/stocks/KSS/) | $8.1M | 109,995 | 1.2% | 1 |
| LEAR CORP | [LEA](https://holderbook.com/stocks/LEA/) | $7.5M | 27,528 | 1.1% | 1 |
| MFA FINL INC | [MFAXXXX](https://holderbook.com/stocks/MFAXXXX/) | $6.5M | 1,411,968 | 1.0% | 5 |
| PARAMOUNT GLOBAL | [PARA](https://holderbook.com/stocks/PARA/) | $6.0M | 132,172 | 0.9% | 1 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $5.7M | 0 | 0.8% | 1 |
| NEWS CORP NEW | [NWSA](https://holderbook.com/stocks/NWSA/) | $5.5M | 0 | 0.8% | 1 |
| GREAT AJAX CORP | [RPT](https://holderbook.com/stocks/RPT/) | $5.1M | 391,699 | 0.8% | 6 |
| VPC IMPACT ACQUISITION HLDG | [VPCBU](https://holderbook.com/stocks/VPCBU/) | $5.0M | 500,000 | 0.7% | 2 |
| ARES ACQUISITION CORPORATION | [AACU](https://holderbook.com/stocks/AACU/) | $5.0M | 500,000 | 0.7% | 2 |
| BORGWARNER INC | [BWA](https://holderbook.com/stocks/BWA/) | $4.9M | 0 | 0.7% | 1 |
| NORDSTROM INC | [JWN](https://holderbook.com/stocks/JWN/) | $4.0M | 110,714 | 0.6% | 2 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $4.0M | 25,000 | 0.6% | 1 |
| ANZU SPECIAL ACQUISITIN CORP | [ANZUU](https://holderbook.com/stocks/ANZUU/) | $4.0M | 399,700 | 0.6% | 2 |
| CERBERUS TELECOM ACQUISITION | [CTAC](https://holderbook.com/stocks/CTAC/) | $4.0M | 400,000 | 0.6% | 1 |
| COTY INC | [COTY](https://holderbook.com/stocks/COTY/) | $3.5M | 0 | 0.5% | 1 |
| JACK CREEK INVESTMENT CORP | [JCICU](https://holderbook.com/stocks/JCICU/) | $3.5M | 350,000 | 0.5% | 2 |
| PERIDOT ACQUISITION CORP II | [PDOTU](https://holderbook.com/stocks/PDOTU/) | $3.5M | 350,000 | 0.5% | 2 |
| REDFIN CORP | [RDFN](https://holderbook.com/stocks/RDFN/) | $3.2M | 0 | 0.5% | 1 |
| THE CAMPBELLS COMPANY | [CPB](https://holderbook.com/stocks/CPB/) | $3.0M | 64,700 | 0.4% | 1 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $2.8M | 0 | 0.4% | 1 |
| HERBALIFE LTD | [HLF](https://holderbook.com/stocks/HLF/) | $2.6M | 0 | 0.4% | 1 |
| PITNEY BOWES INC | [PBI](https://holderbook.com/stocks/PBI/) | $2.6M | 0 | 0.4% | 1 |
| MASON INDUSTRIAL TECHNOLGY I | [MITU](https://holderbook.com/stocks/MITU/) | $2.5M | 250,000 | 0.4% | 2 |
| G SQUARED ASCEND I INC | [GSQDU](https://holderbook.com/stocks/GSQDU/) | $2.5M | 250,000 | 0.4% | 2 |
| EJF ACQUISITION CORP | [EJFAU](https://holderbook.com/stocks/EJFAU/) | $2.5M | 250,000 | 0.4% | 2 |
| DISH NETWORK CORPORATION | [DISH](https://holderbook.com/stocks/DISH/) | $2.5M | 0 | 0.4% | 1 |
| READY CAPITAL CORP | [RC](https://holderbook.com/stocks/RC/) | $2.2M | 138,745 | 0.3% | 7 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $2.2M | 119,000 | 0.3% | 2 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $2.0M | 55,779 | 0.3% | 1 |
| FTAC HERA ACQUISITION CORP | [HERAU](https://holderbook.com/stocks/HERAU/) | $2.0M | 200,000 | 0.3% | 2 |
| HUDSON EXECUTIVE INVES III | [HIIIU](https://holderbook.com/stocks/HIIIU/) | $2.0M | 200,000 | 0.3% | 2 |
| VECTOR ACQUISITION CORP II | [VAQC](https://holderbook.com/stocks/VAQC/) | $2.0M | 200,000 | 0.3% | 2 |
| WYNN RESORTS LTD | [WYNN](https://holderbook.com/stocks/WYNN/) | $1.9M | 15,792 | 0.3% | 2 |
| HASBRO INC | [HAS](https://holderbook.com/stocks/HAS/) | $1.9M | 20,318 | 0.3% | 1 |
| WESTERN ASSET MTG CAP CORP | - | $1.9M | 2,000,000 | 0.3% | 7 |
| NABORS INDUSTRIES LTD | [NBR](https://holderbook.com/stocks/NBR/) | $1.9M | 16,360 | 0.3% | 2 |
| INDEPENDENCE HOLDINGS CORP | [ACQRU](https://holderbook.com/stocks/ACQRU/) | $1.8M | 180,000 | 0.3% | 2 |
| BAUSCH HEALTH COS INC | [BHC](https://holderbook.com/stocks/BHC/) | $1.8M | 0 | 0.3% | 1 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $1.7M | 28,519 | 0.2% | 1 |
| KISMET ACQUISITION THREE COR | [KIIIU](https://holderbook.com/stocks/KIIIU/) | $1.6M | 160,570 | 0.2% | 2 |
| KERNEL GROUP HOLDINGS INC | [KRNLU](https://holderbook.com/stocks/KRNLU/) | $1.5M | 150,000 | 0.2% | 2 |
| THE MUSIC ACQUISITION CORP | [TMACU](https://holderbook.com/stocks/TMACU/) | $1.5M | 150,000 | 0.2% | 2 |
| AFRICAN GOLD ACQUISITION COR | [AGACU](https://holderbook.com/stocks/AGACU/) | $1.5M | 150,000 | 0.2% | 2 |
| DHC ACQUISITION CORP | [DHCAU](https://holderbook.com/stocks/DHCAU/) | $1.5M | 150,000 | 0.2% | 2 |
| ARCTOS NORTHSTAR ACQUIS CORP | [ANACU](https://holderbook.com/stocks/ANACU/) | $1.5M | 150,000 | 0.2% | 2 |
| TAILWIND INTERNATNAL ACQ COR | [TWNIU](https://holderbook.com/stocks/TWNIU/) | $1.5M | 150,000 | 0.2% | 2 |
| FINTECH EVOLUTION ACQUIS GRO | [FTEVU](https://holderbook.com/stocks/FTEVU/) | $1.5M | 150,000 | 0.2% | 2 |
| TCW SPECIAL PURPOSE ACQU COR | [TSPQU](https://holderbook.com/stocks/TSPQU/) | $1.5M | 150,000 | 0.2% | 2 |
| HUDSON EXECUTIVE INVS CORP I | [HCIIU](https://holderbook.com/stocks/HCIIU/) | $1.5M | 150,000 | 0.2% | 2 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $1.5M | 39,000 | 0.2% | 1 |
| GOLDEN ARROW MERGER CORP | [GAMCU](https://holderbook.com/stocks/GAMCU/) | $1.5M | 150,000 | 0.2% | 2 |
| SCION TECH GROWTH II | [SCOBU](https://holderbook.com/stocks/SCOBU/) | $1.5M | 150,000 | 0.2% | 2 |
| ORCHID IS CAP INC | [ORCXXXX](https://holderbook.com/stocks/ORCXXXX/) | $1.5M | 284,925 | 0.2% | 1 |
| NEW YORK MTG TR INC | [NYMT](https://holderbook.com/stocks/NYMT/) | $1.4M | 323,426 | 0.2% | 4 |
| PENNYMAC CORP | - | $1.3M | 1,230,000 | 0.2% | 3 |
| ELLINGTON CREDIT COMPANY | [EARN](https://holderbook.com/stocks/EARN/) | $1.3M | 106,472 | 0.2% | 1 |
| TITAN INTL INC ILL | [TWI](https://holderbook.com/stocks/TWI/) | $1.2M | 0 | 0.2% | 1 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $1.2M | 57,198 | 0.2% | 2 |
| KISMET ACQUISITION TWO CORP | [KAIIU](https://holderbook.com/stocks/KAIIU/) | $1.2M | 123,100 | 0.2% | 2 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $1.2M | 53,472 | 0.2% | 1 |
| DAUCH CORP | [DCH](https://holderbook.com/stocks/DCH/) | $1.1M | 0 | 0.2% | 11 |
| LEO HOLDINGS III CORP | [LIIIU](https://holderbook.com/stocks/LIIIU/) | $1.0M | 100,000 | 0.1% | 2 |
| AUSTERLITZ ACQUISITION CORP | [ASZU](https://holderbook.com/stocks/ASZU/) | $1.0M | 100,000 | 0.1% | 1 |
| SPARTAN ACQUISITION CORP III | [SPAQU](https://holderbook.com/stocks/SPAQU/) | $1.0M | 100,000 | 0.1% | 2 |
| LIVE OAK MOBILITY ACQUISI CO | [LOKMU](https://holderbook.com/stocks/LOKMU/) | $1.0M | 100,000 | 0.1% | 2 |
| ARROWROOT ACQUISITION CORP | [ARRWU](https://holderbook.com/stocks/ARRWU/) | $1.0M | 100,000 | 0.1% | 2 |
| HAYMAKER ACQUISITION CORP II | [HYACU](https://holderbook.com/stocks/HYACU/) | $1.0M | 100,000 | 0.1% | 2 |
| POWERED BRANDS | [POWRU](https://holderbook.com/stocks/POWRU/) | $1.0M | 100,000 | 0.1% | 2 |
| SILVERBOX ENGAGED MERGER CO | [SBEAU](https://holderbook.com/stocks/SBEAU/) | $1.0M | 100,000 | 0.1% | 2 |
| CORAZON CAPITAL V838 MONOCER | [CRZNU](https://holderbook.com/stocks/CRZNU/) | $1.0M | 100,000 | 0.1% | 2 |
| ESM ACQUISITION CORPORATION | [ESMU](https://holderbook.com/stocks/ESMU/) | $1.0M | 100,000 | 0.1% | 2 |
| MISSION ADVANCEMENT CORP | [MACCU](https://holderbook.com/stocks/MACCU/) | $999.0K | 100,000 | 0.1% | 2 |
| FREEDOM ACQUISITION I CORP | [FACTU](https://holderbook.com/stocks/FACTU/) | $998.0K | 100,000 | 0.1% | 2 |
| VELOCITY ACQUISITION CORP | [VELOU](https://holderbook.com/stocks/VELOU/) | $945.0K | 95,000 | 0.1% | 2 |
| CARTESIAN GROWTH CORP | [GLBLU](https://holderbook.com/stocks/GLBLU/) | $918.0K | 92,000 | 0.1% | 2 |
| LUMEN TECHNOLOGIES INC | [LUMN](https://holderbook.com/stocks/LUMN/) | $896.0K | 65,965 | 0.1% | 2 |
| UNITED STATES STL CORP NEW | [X](https://holderbook.com/stocks/X/) | $873.0K | 36,359 | 0.1% | 1 |
| AMC GLOBAL MEDIA INC | [AMCX](https://holderbook.com/stocks/AMCX/) | $802.0K | 0 | 0.1% | 1 |
| SLAM CORP | [SLAMU](https://holderbook.com/stocks/SLAMU/) | $798.0K | 80,000 | 0.1% | 2 |
| PRIVETERRA ACQUISITION CORP | [PMGMU](https://holderbook.com/stocks/PMGMU/) | $747.0K | 75,000 | 0.1% | 2 |
| PATHFINDER ACQUISITION CORP | [PFDRU](https://holderbook.com/stocks/PFDRU/) | $737.0K | 74,187 | 0.1% | 2 |
| GORES TECHNOLOGY PARTNERS II | [GTPBU](https://holderbook.com/stocks/GTPBU/) | $723.0K | 70,000 | 0.1% | 2 |
| CENTRICUS ACQUISITION CORP | [CENHU](https://holderbook.com/stocks/CENHU/) | $717.0K | 70,000 | 0.1% | 2 |
| GORES HOLDINGS VII INC | [GSEVU](https://holderbook.com/stocks/GSEVU/) | $704.0K | 70,000 | 0.1% | 2 |
| GORES HLDGS VIII INC | [GIIXU](https://holderbook.com/stocks/GIIXU/) | $699.0K | 70,000 | 0.1% | 2 |
| ORION ACQUISITION CORP | [OHPAU](https://holderbook.com/stocks/OHPAU/) | $694.0K | 70,000 | 0.1% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2021 | +3.7% | +8.0% | -4.3% | 61% |
| Q4 2020 | +18.8% | +11.6% | +7.1% | 67% |
| Q2 2020 | +32.9% | +19.6% | +13.3% | 88% |
| Q1 2020 | -39.9% | -19.9% | -20.0% | 78% |
| Q4 2019 | +7.8% | +8.5% | -0.7% | 75% |
| Q3 2019 | -3.6% | +1.3% | -4.9% | 84% |
| Q2 2019 | +0.4% | +3.7% | -3.3% | 94% |
| Q1 2019 | +15.6% | +13.0% | +2.6% | 80% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2021 | $675.6M | 170 |
| Q1 2021 | $812.5M | 157 |
| Q4 2020 | $405.6M | 45 |
| Q3 2020 | $286.3M | 44 |
| Q2 2020 | $236.2M | 37 |
| Q1 2020 | $426.1M | 503 |
| Q4 2019 | $469.9M | 487 |
| Q3 2019 | $552.9M | 546 |
| Q2 2019 | $585.5M | 546 |
| Q1 2019 | $548.6M | 540 |
| Q4 2018 | $329.9M | 360 |