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Ripple Effect Asset Management LP 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

Ripple Effect Asset Management LP disclosed 11 US equity positions worth $125.2m in its Q4 2025 13F filing. The largest position was KGS at 32.7% of the reported book, followed by XIFR and WMB. Against the Q3 2025 filing, it opened 3 new positions, added to 4 and reduced 4 among the top 11 holdings.

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What did Ripple Effect Asset Management LP own in Q4 2025? Top 11 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 KGS KODIAK GAS SVCS INC Energy 32.7%$41.0m1,096,000 161% added
2 XIFR XPLR INFRASTRUCTURE LP Utilities 16.8%$21.0m2,100,000 40% added
3 WMB WILLIAMS COS INC Energy 15.7%$19.7m328,000 143% added
4 IE IVANHOE ELECTRIC INC 12.1%$15.2m950,025 90% added
5 CCJ CAMECO CORP Energy 9.5%$11.9m130,000 – new
6 AES AES CORP Utilities 3.4%$4.3m300,000 – new
7 TLN TALEN ENERGY CORP Utilities 3.0%$3.7m10,000 -76% reduced
8 NEXT NEXTDECADE CORP Energy 2.5%$3.2m600,000 – new
9 VRT VERTIV HOLDINGS CO Industrials 2.3%$2.8m17,500 -63% reduced
10 CEG CONSTELLATION ENERGY CORP Utilities 1.3%$1.6m4,500 -84% reduced
11 HUT HUT 8 CORP Financial Services 0.7%$826.9k18,000 -91% reduced

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.