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Mike Vranos’s Foundation Likes These Liquid ETFs

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Predrag Shipov
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Mike Vranos Favorite Funds
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Mike Vranos is best known as the founder of Ellington Management Group, founded in 1994. Currently, the company manages over $10 billion in Assets Under Management (AUM) and employs various strategies, including credit, mortgage prepayment, and traditional mandate solutions.

In the early '90s, Vranos was called one of the most powerful people on Wall Street, and Fortune Magazine named him one of the best traders in the industry. Besides running a successful investment operation, Mike Vranos is also a renowned philanthropist, primarily through his Vranos Foundation.

In the latest 990 filing, the foundation reported expenses of 3.85 million, a net income of 3.29 million, and net assets of 1.28 million. The total revenue for 2023...

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