Ripple Effect Asset Management LP In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Ripple Effect Asset Management LP reported 18 stock positions worth $169.4 million . Its top holding was XPLR Infrastructure (XIFR) at 19.3% of the portfolio, followed by Kodiak Gas Services (KGS, 13.3% ) and Williams Cos (WMB, 10.4% ). Compared with Q1 2026, it opened 8 new positions, sold out of 3, added to 8 and reduced 2. The biggest buy was a new position in Solaris Energy Infrastructur (SEI) and the biggest sale Ivanhoe Electric Inc. / US (IE, shares −60% ).
Location New York, NY
CIK 0002031590
Portfolio Value $169.4M (Q2 2026) Holdings 18 stocks · $169.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 XIFR XPLR Infrastructure LP 2,767,955 $32.7M Add +9.0% KGS Kodiak Gas Services Inc. 300,630 $22.6M Reduce -34.4% WMB Williams Cos Inc. 237,800 $17.7M Add +46.8% VST Vistra Corp. 102,300 $16.2M Add +2.3% AR Antero Resources Corp. 374,400 $13.2M Add +45.2% SEI Solaris Energy Infrastructur 130,300 $10.5M New HUT Hut 8 Corp. 86,697 $10.0M Add +36.5% TLN Talen Energy Corp. 25,250 $9.7M Add +12.2% WULF Terawulf Inc. 327,970 $8.1M Add +54.4% DVN Devon Energy Corp. 146,300 $6.0M New DPC DPC Holdings PLC 100,000 $4.9M New IE Ivanhoe Electric Inc. / US 495,000 $4.8M Reduce -60.1% BKV BKV Corporation 135,352 $3.7M Add +612.4% CSX CSX Corp. 66,800 $3.2M New UNP Union Pacific Corp. 11,500 $3.1M New CIFR Cipher Digital Inc. 84,800 $2.1M New SPCX Space Exploration Techn Class A 5,000 $854K New VG Venture Global Inc. Class A 7,790 $87K New
Options reported separately and not counted above: SPY puts ($205.4M), XIFR puts ($20.1M), VST puts ($11.9M), AR puts ($10.2M), TLN puts ($7.7M), IBIT puts ($6.7M).
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ IE Ivanhoe Electric Inc. / US Reduce -60.1% 2.81% −7.40 NEXT Nextdecade Corp. Sold out 0.00% −7.15 CCJ Cameco Corp. Sold out 0.00% −5.91 KGS Kodiak Gas Services Inc. Reduce -34.4% 13.34% −5.27 CF CF Industries Holdings Inc. Sold out 0.00% −3.46
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ SEI Solaris Energy Infrastructur New 6.19% +6.19 HUT Hut 8 Corp. Add +36.5% 5.91% +3.83 DVN Devon Energy Corp. New 3.57% +3.57 DPC DPC Holdings PLC New 2.90% +2.90 WULF Terawulf Inc. Add +54.4% 4.78% +2.65 WMB Williams Cos Inc. Add +46.8% 10.44% +2.23 CSX CSX Corp. New 1.87% +1.87 UNP Union Pacific Corp. New 1.85% +1.85 BKV BKV Corporation Add +612.4% 2.19% +1.81 CIFR Cipher Digital Inc. New 1.23% +1.23 TLN Talen Energy Corp. Add +12.2% 5.73% +0.72 XIFR XPLR Infrastructure LP Add +9.0% 19.30% +0.53 SPCX Space Exploration Techn Class A New 0.50% +0.50 AR Antero Resources Corp. Add +45.2% 7.77% +0.15 VG Venture Global Inc. Class A New 0.05% +0.05 VST Vistra Corp. Add +2.3% 9.58% −0.89
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF call Sold out 1,400,000 $347.2Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put New 275,000 $205.4M KGS Kodiak Gas Services Inc. put Sold out 730,100 $42.6Mbefore exit XIFR XPLR Infrastructure LP put Reduce -59.3% 1,700,000 $20.1M NEXT Nextdecade Corp. put Sold out 2,490,500 $19.1Mbefore exit IE Ivanhoe Electric Inc. / US put Sold out 1,396,600 $16.5Mbefore exit CRK Comstock Resources Inc. call Sold out 665,700 $14.0Mbefore exit VST Vistra Corp. put Reduce -16.7% 75,000 $11.9M AR Antero Resources Corp. put Add +1.8% 290,000 $10.2M WMB Williams Cos Inc. put Sold out 134,100 $9.8Mbefore exit CCJ Cameco Corp. put Sold out 88,000 $9.6Mbefore exit IBIT iShares Bitcoin Trust ETF put New 200,000 $6.7M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 18 $169.4M XIFR, KGS, WMB, VST, AR Q1 2026 13 $143.6M XIFR, KGS, VST, IE, WMB Q4 2025 11 $125.2M KGS, XIFR, WMB, IE, CCJ Q3 2025 15 $173.7M VST, EQT, TLN, KGS, XIFR Q2 2025 17 $175.3M VST, EQT, TLN, LNG, GLD Q1 2025 7 $83.4M AM, VST, TLN, EQT, TECK Q4 2024 11 $73.5M AM, VST, HYG, TLN, CCJ