Ripple Effect Asset Management LP

New York, NY · CIK 2031590 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2024 · limited partnership

As an employer

$169.4m reported value +17.9% vs Q1 2026

18positions

86.6%in top 10

8 new 8 added 2 reduced 3 sold out vs Q1 2026

Options: 0 call positions (— notional), 6 put positions ($261.9m notional) – listed below, not included above.

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NEXTERA ENERGY PARTNERS LP COM UNIT PART IN XIFR	XIFR	2,767,955	$32.7m19.30%	19.30%	Added +229.2k	+229,235 9.0%
2	KODIAK GAS SVCS INC COM KGS	KGS	300,630	$22.6m13.34%	13.34%	Reduced -157.4k	-157,370 -34.4%
3	WILLIAMS COS INC COM WMB	WMB	237,800	$17.7m10.44%	10.44%	Added +75.8k	+75,800 46.8%
4	VISTRA CORP COM VST	VST	102,300	$16.2m9.58%	9.58%	Added +2.3k	+2,300 2.3%
5	ANTERO RESOURCES CORP COM AR	AR	374,400	$13.2m7.77%	7.77%	Added +116.5k	+116,538 45.2%
6	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	130,300	$10.5m6.19%	6.19%	New
7	HUT 8 CORP COM HUT	HUT	86,697	$10.0m5.91%	5.91%	Added +23.2k	+23,163 36.5%
8	TALEN ENERGY CORP COM TLN	TLN	25,250	$9.7m5.73%	5.73%	Added +2.7k	+2,741 12.2%
9	TERAWULF INC COM WULF	WULF	327,970	$8.1m4.78%	4.78%	Added +115.6k	+115,600 54.4%
10	DEVON ENERGY CORP NEW COM DVN	DVN	146,300	$6.0m3.57%	3.57%	New
11	DPC HOLDINGS PLC ORDINARY SHARES DPC	DPC	100,000	$4.9m2.90%	2.90%	New
12	IVANHOE ELECTRIC INC COM IE	IE	495,000	$4.8m2.81%	2.81%	Reduced -745.2k	-745,225 -60.1%
13	BKV CORP COM BKV	BKV	135,352	$3.7m2.19%	2.19%	Added +116.4k	+116,352 612.4%
14	CSX CORP COM CSX	CSX	66,800	$3.2m1.87%	1.87%	New
15	UNION PAC CORP COM UNP	UNP	11,500	$3.1m1.85%	1.85%	New
16	CIPHER MINING INC COM CIFR	CIFR	84,800	$2.1m1.23%	1.23%	New
17	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	5,000	$854.3k0.50%	0.50%	New
18	VENTURE GLOBAL INC COM CL A VG	VG	7,790	$86.7k0.05%	0.05%	New

Security	Ticker	Shares held before	Value then
NEXTDECADE CORP NEXT	NEXT	1,339,723	$10.3m1.3m shares
CAMECO CORP CCJ	CCJ	78,192	$8.5m78.2k shares
CF INDS HLDGS INC CF	CF	38,289	$5.0m38.3k shares

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	275,000	$205.4m275.0k shares	New
NEXTERA ENERGY PARTNERS LP XIFR · Put	XIFR	Put	1,700,000	$20.1m1.7m shares	Reduced
VISTRA CORP VST · Put	VST	Put	75,000	$11.9m75.0k shares	Reduced
ANTERO RESOURCES CORP AR · Put	AR	Put	290,000	$10.2m290.0k shares	Added
TALEN ENERGY CORP TLN · Put	TLN	Put	20,000	$7.7m20.0k shares	Unchanged
ISHARES BITCOIN TRUST ETF IBIT · Put	IBIT	Put	200,000	$6.7m200.0k shares	New