Q3 2025 · 13F-HR
Ripple Effect Asset Management LPholdings as filed
Filed 2025-11-14 · accession 0001999371-25-017738
$511.5M
Reported value
39
Positions
2025-09-30
Period end
The Brief · Ripple Effect Asset Management LP · Q3 2025
AI · grounded in 13F
Ripple Effect Asset Management LP established a new position in HYG valued at $69.01M. The fund also initiated new stakes in VST for $53.96M and EQT for $52.52M. Additional new positions include KGS at $45.51M, TLN at $38.69M, and SPY at $33.31M. The fund ended the period with 19 positions and total AUM of $511.49M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464288513 | HYG | ISHARES TR | $60.9M | 11.9% | 750,000 | PUT | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $33.3M | 6.51% | 50,000 | PUT | SOLE |
| 464287440 | IEF | ISHARES TR | $28.5M | 5.57% | 295,400 | PUT | SOLE |
| 92840M102 | VST | VISTRA CORP | $27.9M | 5.45% | 142,400 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $27.2M | 5.32% | 500,000 | PUT | SOLE |
| 92840M102 | VST | VISTRA CORP | $26.1M | 5.09% | 133,000 | PUT | SOLE |
| 26884L109 | EQT | EQT CORP | $25.3M | 4.95% | 465,000 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $17.4M | 3.41% | 40,960 | Common | SOLE |
| 50012A108 | KGS | KODIAK GAS SVCS INC | $16.6M | 3.25% | 450,000 | PUT | SOLE |
| 65341B106 | XIFR | XPLR INFRASTRUCTURE LP | $16.3M | 3.18% | 1,600,000 | PUT | SOLE |
| 50012A108 | KGS | KODIAK GAS SVCS INC | $15.5M | 3.04% | 420,000 | Common | SOLE |
| 65341B106 | XIFR | XPLR INFRASTRUCTURE LP | $15.3M | 2.98% | 1,500,000 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $14.9M | 2.91% | 35,000 | PUT | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $14.2M | 2.78% | 40,000 | CALL | SOLE |
| 50012A108 | KGS | KODIAK GAS SVCS INC | $13.3M | 2.61% | 361,000 | CALL | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $11.7M | 2.28% | 600,000 | PUT | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $9.9M | 1.94% | 510,000 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $9.2M | 1.80% | 28,050 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $8.9M | 1.74% | 25,000 | PUT | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $8.6M | 1.67% | 135,000 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $8.2M | 1.61% | 25,000 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $8.1M | 1.59% | 100,000 | Common | SOLE |
| 969457100 | WMB | WILLIAMS COS INC | $7.9M | 1.55% | 125,000 | PUT | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $7.6M | 1.48% | 225,000 | CALL | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $7.1M | 1.39% | 47,150 | Common | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $7.0M | 1.36% | 200,000 | PUT | SOLE |
| 44812J104 | HUT | HUT 8 CORP | $7.0M | 1.36% | 200,000 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $6.7M | 1.30% | 18,750 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $6.7M | 1.30% | 530,000 | PUT | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $6.4M | 1.25% | 15,000 | CALL | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $6.3M | 1.23% | 500,000 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $5.3M | 1.04% | 50,000 | CALL | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $5.3M | 1.04% | 50,000 | PUT | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $4.8M | 0.94% | 45,200 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $4.6M | 0.91% | 259,000 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $3.8M | 0.74% | 300,000 | CALL | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $3.3M | 0.64% | 10,000 | CALL | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $2.7M | 0.53% | 150,000 | PUT | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $1.9M | 0.36% | 28,500 | PUT | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.