# EDGAR Filing Document

**Accession Number:** 0002031590
**File Stem:** 0000902664-25-003688
**Filing Date:** 2025-8
**Character Count:** 8159
**Document Hash:** 8c4f586620136706281803a34ad42923
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000902664-25-003688.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000902664-25-003688

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ripple Effect Asset Management LP
- **CENTRAL INDEX KEY:** 0002031590

**ORGANIZATION NAME:**
- **EIN:** 990788687
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25081
- **FILM NUMBER:** 251220358

**BUSINESS ADDRESS:**
- **STREET 1:** 1120 AVENUE OF THE AMERICAS
- **STREET 2:** SUITE 1805
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** (917) 319-8088

**MAIL ADDRESS:**
- **STREET 1:** 1120 AVENUE OF THE AMERICAS
- **STREET 2:** SUITE 1805
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ripple Effect Asset Management LP<br>**Address:** 1120 Avenue Of The Americas<br>Suite 1805<br>New York, NY 10036

**Form 13F File Number:** 028-25081

**CRD Number (if applicable):** 000331250

**SEC File Number (if applicable):** 801-130501

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Donald Stoltz<br>**Title:** Partner COO and CCO<br>**Phone:** 917-319-8088

**Signature, Place, and Date of Signing:**

/s/ Donald Stoltz  New York, NY  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 43

**Form 13F Information Table Value Total:** $675506871

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 9063000 | 225000 | SH | Call | SOLE |  | 225000 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 7794150 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 10392200 | 140000 | SH | Put | SOLE |  | 140000 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 12176000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 14611200 | 60000 | SH | Put | SOLE |  | 60000 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 7036168 | 21800 | SH |  | SOLE |  | 21800 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 11619360 | 36000 | SH | Put | SOLE |  | 36000 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 3414000 | 200000 | SH | Call | SOLE |  | 200000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 27118800 | 465000 | SH |  | SOLE |  | 465000 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 27993600 | 480000 | SH | Put | SOLE |  | 480000 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 8770500 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 8770500 | 75000 | SH | Put | SOLE |  | 75000 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 3807420 | 23000 | SH | Call | SOLE |  | 23000 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 5175990 | 119400 | SH |  | SOLE |  | 119400 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 8670000 | 200000 | SH | Put | SOLE |  | 200000 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 7937250 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 8730975 | 16500 | SH | Put | SOLE |  | 16500 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 5821500 | 150000 | SH | Put | SOLE |  | 150000 | 0 | 0 |
| HUT 8 CORP | COM | 44812J104 |  | 4650000 | 250000 | SH | Call | SOLE |  | 250000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 8065000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 60487500 | 750000 | SH | Put | SOLE |  | 750000 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 6854000 | 200000 | SH |  | SOLE |  | 200000 | 0 | 0 |
| KODIAK GAS SVCS INC | COM | 50012A108 |  | 9424250 | 275000 | SH | Put | SOLE |  | 275000 | 0 | 0 |
| NGL ENERGY PARTNERS LP | COM UNIT REPST | 62913M107 |  | 1494500 | 350000 | SH | Call | SOLE |  | 350000 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 3452470 | 21500 | SH |  | SOLE |  | 21500 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 5218850 | 32500 | SH | Put | SOLE |  | 32500 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 10986073 | 36040 | SH |  | SOLE |  | 36040 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 9906975 | 32500 | SH | Call | SOLE |  | 32500 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 12193200 | 40000 | SH | Put | SOLE |  | 40000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 185355000 | 300000 | SH | Put | SOLE |  | 300000 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 15992350 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 5815400 | 20000 | SH | Call | SOLE |  | 20000 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 17446200 | 60000 | SH | Put | SOLE |  | 60000 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 4688118 | 116100 | SH |  | SOLE |  | 116100 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 6662700 | 165000 | SH | Put | SOLE |  | 165000 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 8385173 | 65300 | SH |  | SOLE |  | 65300 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 14125100 | 110000 | SH | Put | SOLE |  | 110000 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 27598544 | 142400 | SH |  | SOLE |  | 142400 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 32947700 | 170000 | SH | Put | SOLE |  | 170000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 7097530 | 113000 | SH |  | SOLE |  | 113000 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 12562000 | 200000 | SH | Put | SOLE |  | 200000 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 6175625 | 753125 | SH |  | SOLE |  | 753125 | 0 | 0 |
| XPLR INFRASTRUCTURE LP | COM UNIT PART IN | 65341B106 |  | 9020000 | 1100000 | SH | Put | SOLE |  | 1100000 | 0 | 0 |

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