|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
SCHEDULE 13G
(Amendment No. 1)
Under the Securities Exchange Act of 1934
|
ELLINGTON FINANCIAL LLC
|
(Name of Issuer)
|
Common Shares
|
(Title of Class of Securities)
|
288522303
|
(CUSIP Number)
|
December 31, 2010
|
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
ý Rule 13d-1(c)
¨ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
|
CUSIP No. 288522303
|
13G
|
Page 2 of 10 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ZIP Public Equities, L.P.
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
|
NUMBER OF
SHARES
|
5
|
SOLE VOTING POWER
0
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
888,890
|
|
EACH
REPORTING
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
PERSON
WITH
|
8
|
SHARED DISPOSITIVE POWER
888,890
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,890
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
|
|
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
|
CUSIP No. 288522303
|
13G
|
Page 3 of 10 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ziff Invesment Management, L.L.C.
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
|
NUMBER OF
SHARES
|
5
|
SOLE VOTING POWER
0
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
888,890
|
|
EACH
REPORTING
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
PERSON
WITH
|
8
|
SHARED DISPOSITIVE POWER
888,890
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,890
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
|
|
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
|
|
CUSIP No. 288522303
|
13G
|
Page 4 of 10 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert D. Ziff
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
|
|
NUMBER OF
SHARES
|
5
|
SOLE VOTING POWER
0
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
888,890
|
|
EACH
REPORTING
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
PERSON
WITH
|
8
|
SHARED DISPOSITIVE POWER
888,890
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,890
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
|
|
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
|
CUSIP No. 288522303
|
13G
|
Page 5 of 10 Pages
|
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Daniel M. Ziff
|
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
(a) o
(b) o
|
|
3
|
SEC USE ONLY
|
|
|
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
|
|
NUMBER OF
SHARES
|
5
|
SOLE VOTING POWER
0
|
|
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
888,890
|
|
EACH
REPORTING
|
7
|
SOLE DISPOSITIVE POWER
0
|
|
PERSON
WITH
|
8
|
SHARED DISPOSITIVE POWER
888,890
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,890
|
|
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
|
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
|
|
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
Item 1. (a) Name of Issuer
Ellington Financial LLC
Item 1. (b) Address of Issuer’s Principal Executive Offices
53 Forest Avenue
Old Greenwich, Connecticut 06870
Item 2.(a) Name of Person Filing
This Schedule 13G is being filed on behalf of the following persons (the “Reporting Persons”)*:
|
(i)
|
ZIP Public Equities, L.P. (“ZIP”);
|
|
(ii)
|
Ziff Investment Management, L.L.C. (“ZIM”);
|
|
(iii)
|
Robert D. Ziff; and
|
|
(iv)
|
Daniel M. Ziff
|
* Attached as Exhibit A is a copy of an agreement among the Reporting Persons that this Schedule 13G is being filed on behalf of each of them.
Item 2.(b) Address of Principal Business Office or, if None, Residence
ZIP Public Equities, L.P.
350 Park Avenue
New York, NY 10022
Ziff Investment Management, L.L.C.
350 Park Avenue
New York, NY 10022
Robert D. Ziff
350 Park Avenue
New York, NY 10022
Daniel M. Ziff
350 Park Avenue
New York, NY 10022
Item 2.(c) Citizenship
See Item 4 of the attached cover pages.
Item 2.(d) Title of Class of Securities
Common Shares (the “Common Stock”)
Item 2.(e) CUSIP Number
288522303
Item 3.
Not applicable as this Schedule 13G is filed pursuant to Rule 13d-1(c).
Item 4. Ownership
Item 4 is hereby amended and restated in its entirety as follows:
|
(a)
|
Amount beneficially owned:
|
|
See Item 9 of the attached cover pages.
|
|
|
(b)
|
Percent of class:
|
|
See Item 11 of the attached cover pages.
|
|
|
(c)
|
Number of shares as to which such person has:
|
|
(i)
|
Sole power to vote or to direct the vote:
|
|
|
See Item 5 of the attached cover pages.
|
|
(ii)
|
Shared power to vote or to direct the vote:
|
|
|
See Item 6 of the attached cover pages.
|
||
|
(iii)
|
Sole power to dispose or to direct the disposition:
|
|
See Item 7 of the attached cover pages.
|
||
|
(iv)
|
Shared power to dispose or to direct the disposition:
|
|
|
See Item 8 of the attached cover pages.
|
ZIP, of which ZIM is the general partner, is the owner of record of the Common Stock reported herein. Each of ZIM, Robert D. Ziff and Daniel M. Ziff may be deemed to beneficially own the Common Stock reported herein as a result of the direct or indirect power to vote or dispose of such stock.
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
Not Applicable.
Item 8. Identification and Classification of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2011
|
ZIP PUBLIC EQUITIES, L.P.
By: Ziff Investment Management, L.L.C., its general partner
|
|||
|
By:
|
/s/ DAVID GRAY
|
||
|
Name:
|
David Gray | ||
|
Title:
|
Vice President | ||
|
ZIFF INVESTMENT MANAGEMENT, L.L.C.
|
|||
|
By:
|
/s/ DAVID GRAY
|
||
|
Name:
|
David Gray | ||
|
Title:
|
Vice President | ||
|
ROBERT D. ZIFF
/s/ ROBERT D. ZIFF
|
|
|
DANIEL M. ZIFF
/s/ DANIEL M. ZIFF
|
EXHIBIT A
The undersigned, ZIP Public Equities, L.P., a Delaware limited partnership, Ziff Investment Management, L.L.C., a Delaware limited liability company, Robert D. Ziff and Daniel M. Ziff, hereby agree and acknowledge that the information required by this Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements thereto shall also be filed on behalf of each of them.
Dated: February 14, 2011
|
ZIP PUBLIC EQUITIES, L.P.
By: Ziff Investment Management, L.L.C., its general partner
|
|||
|
By:
|
/s/ DAVID GRAY
|
||
|
Name:
|
David Gray | ||
|
Title:
|
Vice President | ||
|
ZIFF INVESTMENT MANAGEMENT, L.L.C.
|
|||
|
By:
|
/s/ DAVID GRAY
|
||
|
Name:
|
David Gray | ||
|
Title:
|
Vice President | ||
|
ROBERT D. ZIFF
/s/ ROBERT D. ZIFF
|
|
|
DANIEL M. ZIFF
/s/ DANIEL M. ZIFF
|