Ripple Effect Asset Management LP Hedge Fund

Location: New York, NY

CIK: 0002031590 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 13, 2026

Total Value: $431M (100.0% shares, 0.0% debt)

Holdings (24)

New Positions (10)

SPY STATE STR SPDR S&P 500 ETF T 47.6%

Value $205M Shares 275,000 Est. Cost — Unrealized —

SEI SOLARIS ENERGY INFRAS INC 2.4%

Value $10.48M Shares 130,300 Est. Cost $80.46 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 1.5%

Value $6.658M Shares 200,000 Est. Cost — Unrealized —

DVN DEVON ENERGY CORP NEW 1.4%

Value $6.045M Shares 146,300 Est. Cost $41.32 Unrealized —

DPC DPC HOLDINGS PLC 1.1%

Value $4.906M Shares 100,000 Est. Cost $49.06 Unrealized —

CSX CSX CORP 0.7%

Value $3.175M Shares 66,800 Est. Cost $47.53 Unrealized —

UNP UNION PAC CORP 0.7%

Value $3.128M Shares 11,500 Est. Cost $272.00 Unrealized —

CIFR CIPHER DIGITAL INC 0.5%

Value $2.078M Shares 84,800 Est. Cost $24.50 Unrealized —

SPCX SPACE EXPLORATION TECHN CORP 0.2%

Value $854K Shares 5,000 Est. Cost $170.86 Unrealized —

VG VENTURE GLOBAL INC 0.0%

Value $86,703 Shares 7,790 Est. Cost $11.13 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	275,000	$205M	47.6%	—	—	PUT	78462F103
SEI	SOLARIS ENERGY INFRAS INC	130,300	$10.48M	2.4%	$80.46	—	COM CL A	83418M103
IBIT	ISHARES BITCOIN TRUST ETF	200,000	$6.658M	1.5%	—	—	PUT	46438F101
DVN	DEVON ENERGY CORP NEW	146,300	$6.045M	1.4%	$41.32	—	COM	25179M103
DPC	DPC HOLDINGS PLC	100,000	$4.906M	1.1%	$49.06	—	ORDINARY SHARES	G2R11M108
CSX	CSX CORP	66,800	$3.175M	0.7%	$47.53	—	COM	126408103
UNP	UNION PAC CORP	11,500	$3.128M	0.7%	$272.00	—	COM	907818108
CIFR	CIPHER DIGITAL INC	84,800	$2.078M	0.5%	$24.50	—	COM	17253J106
SPCX	SPACE EXPLORATION TECHN CORP	5,000	$854K	0.2%	$170.86	—	CLASS A COM STK	84615Q103
VG	VENTURE GLOBAL INC	7,790	$86,703	0.0%	$11.13	—	COM CL A	92333F101

Increased Positions (9)

HUT HUT 8 CORP 2.3%

Value $10.01M (+235.8%) Shares 86,697 (+36.5%) Est. Cost $65.84 Unrealized —

WMB WILLIAMS COS INC 4.1%

Value $17.68M (+49.9%) Shares 237,800 (+46.8%) Est. Cost $63.95 Unrealized —

XIFR XPLR INFRASTRUCTURE LP 7.6%

Value $32.69M (+21.2%) Shares 2,767,955 (+9.0%) Est. Cost $9.68 Unrealized —

WULF TERAWULF INC 1.9%

Value $8.101M (+164.3%) Shares 327,970 (+54.4%) Est. Cost $18.15 Unrealized —

BKV BKV CORP 0.9%

Value $3.703M (+583.4%) Shares 135,352 (+612.4%) Est. Cost $27.53 Unrealized —

TLN TALEN ENERGY CORP 2.2%

Value $9.703M (+35.0%) Shares 25,250 (+12.2%) Est. Cost $304.40 Unrealized —

AR ANTERO RESOURCES CORP 3.1%

Value $13.16M (+20.2%) Shares 374,400 (+45.2%) Est. Cost $34.21 Unrealized —

AR ANTERO RESOURCES CORP 2.4%

Value $10.19M (-15.7%) Shares 290,000 (+1.8%) Est. Cost $34.21 Unrealized —

VST VISTRA CORP 3.8%

Value $16.23M (+7.9%) Shares 102,300 (+2.3%) Est. Cost $163.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HUT	HUT 8 CORP	86,697 (+36.5%)	$10.01M (+235.8%)	2.3%	$65.84	—	COM	44812J104
WMB	WILLIAMS COS INC	237,800 (+46.8%)	$17.68M (+49.9%)	4.1%	$63.95	—	COM	969457100
XIFR	XPLR INFRASTRUCTURE LP	2,767,955 (+9.0%)	$32.69M (+21.2%)	7.6%	$9.68	—	COM UNIT PART IN	65341B106
WULF	TERAWULF INC	327,970 (+54.4%)	$8.101M (+164.3%)	1.9%	$18.15	—	COM	88080T104
BKV	BKV CORP	135,352 (+612.4%)	$3.703M (+583.4%)	0.9%	$27.53	—	COM	05603J108
TLN	TALEN ENERGY CORP	25,250 (+12.2%)	$9.703M (+35.0%)	2.2%	$304.40	—	COM	87422Q109
AR	ANTERO RESOURCES CORP	374,400 (+45.2%)	$13.16M (+20.2%)	3.1%	$34.21	—	COM	03674X106
AR	ANTERO RESOURCES CORP	290,000 (+1.8%)	$10.19M (-15.7%)	2.4%	$34.21	—	PUT	03674X106
VST	VISTRA CORP	102,300 (+2.3%)	$16.23M (+7.9%)	3.8%	$163.08	—	COM	92840M102

Exited Positions (10)

IWM ISHARES TR 80.5%

Value $347M Shares 1,400,000 Est. Cost — Unrealized —

KGS KODIAK GAS SVCS INC 9.9%

Value $42.58M Shares 730,100 Est. Cost $34.90 Unrealized —

NEXT NEXTDECADE CORP 4.4%

Value $19.08M Shares 2,490,500 Est. Cost $5.54 Unrealized —

IE IVANHOE ELECTRIC INC 3.8%

Value $16.51M Shares 1,396,600 Est. Cost $13.24 Unrealized —

CRK COMSTOCK RES INC 3.3%

Value $14.03M Shares 665,700 Est. Cost — Unrealized —

NEXT NEXTDECADE CORP 2.4%

Value $10.26M Shares 1,339,723 Est. Cost $5.54 Unrealized —

WMB WILLIAMS COS INC 2.3%

Value $9.76M Shares 134,100 Est. Cost $63.95 Unrealized —

CCJ CAMECO CORP 2.2%

Value $9.558M Shares 88,000 Est. Cost $89.94 Unrealized —

CCJ CAMECO CORP 2.0%

Value $8.492M Shares 78,192 Est. Cost $89.94 Unrealized —

CF CF INDUSTRIES HOLD 1.2%

Value $4.971M Shares 38,289 Est. Cost $90.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	1,400,000	$347M	80.5%	—	—	CALL	464287655
KGS	KODIAK GAS SVCS INC	730,100	$42.58M	9.9%	$34.90	—	PUT	50012A108
NEXT	NEXTDECADE CORP	2,490,500	$19.08M	4.4%	$5.54	—	PUT	65342K105
IE	IVANHOE ELECTRIC INC	1,396,600	$16.51M	3.8%	$13.24	—	PUT	46578C108
CRK	COMSTOCK RES INC	665,700	$14.03M	3.3%	—	—	CALL	205768302
NEXT	NEXTDECADE CORP	1,339,723	$10.26M	2.4%	$5.54	—	—	65342K105
WMB	WILLIAMS COS INC	134,100	$9.76M	2.3%	$63.95	—	PUT	969457100
CCJ	CAMECO CORP	88,000	$9.558M	2.2%	$89.94	—	PUT	13321L108
CCJ	CAMECO CORP	78,192	$8.492M	2.0%	$89.94	—	—	13321L108
CF	CF INDUSTRIES HOLD	38,289	$4.971M	1.2%	$90.08	—	—	125269100

Decreased Positions (4)

XIFR XPLR INFRASTRUCTURE LP 4.7%

Value $20.08M (-54.7%) Shares 1,700,000 (-59.3%) Est. Cost $9.68 Unrealized —

IE IVANHOE ELECTRIC INC 1.1%

Value $4.757M (-67.6%) Shares 495,000 (-60.1%) Est. Cost $13.24 Unrealized —

KGS KODIAK GAS SVCS INC 5.2%

Value $22.59M (-15.4%) Shares 300,630 (-34.4%) Est. Cost $34.90 Unrealized —

VST VISTRA CORP 2.8%

Value $11.9M (-12.1%) Shares 75,000 (-16.7%) Est. Cost $163.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XIFR	XPLR INFRASTRUCTURE LP	1,700,000 (-59.3%)	$20.08M (-54.7%)	4.7%	$9.68	—	PUT	65341B106
IE	IVANHOE ELECTRIC INC	495,000 (-60.1%)	$4.757M (-67.6%)	1.1%	$13.24	—	COM	46578C108
KGS	KODIAK GAS SVCS INC	300,630 (-34.4%)	$22.59M (-15.4%)	5.2%	$34.90	—	COM	50012A108
VST	VISTRA CORP	75,000 (-16.7%)	$11.9M (-12.1%)	2.8%	$163.08	—	PUT	92840M102

Unchanged Positions (1)

TLN TALEN ENERGY CORP 1.8%

Value $7.685M Shares 20,000 Est. Cost $304.40 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TLN	TALEN ENERGY CORP	20,000	$7.685M	1.8%	$304.40	—	PUT	87422Q109