REAM

Ripple Effect Asset Management Portfolio holdings

AUM $83.4M

AUM

$83.4M

AUM Growth

+$9.83M (+13%)

Cap. Flow

+$21.4M

Cap. Flow % of AUM

25.73%

Top 10 Holdings %Top 10 Hldgs %

100%

Holding

18

New

1

Increased

4

Reduced

2

Closed

5

Top Buys

1	Teck Resources TECK	$6.56M
2	Vistra VST	$5.87M
3	Alerian MLP ETF AMLP	$5.68M
4	EQT Corp EQT	$4.94M
5	TLN Talen Energy Corporation Common Stock TLN	$4.29M

Top Sells

1	Antero Midstream AM	$4.95M
2	iShares iBoxx $ High Yield Corporate Bond ETF HYG	$947K

Sector Composition

1	Utilities	33.89%
2	Energy	32.9%
3	Materials	13.33%
4	Consumer Discretionary	0%
5	Financials	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Antero Midstream AM $9.02B	$16.2M	4.67%	900,000 -275,000	-23%	-$4.95M
2	2 Vistra VST $53.3B	$16M	4.6%	136,000 +50,000	+58%	+$5.87M
3	TLN 3 Talen Energy Corporation Common Stock TLN $11B	$12.3M	3.54%	61,500 +21,500	+54%	+$4.29M
4	4 EQT Corp EQT $24.8B	$11.2M	3.23%	210,000 +92,500	+79%	+$4.94M
5	5 Teck Resources TECK $17.9B	$11.1M	3.2%	305,000 +180,000	+144%	+$6.56M
6	6 iShares iBoxx $ High Yield Corporate Bond ETF HYG $15.5B	$10.9M	3.14%	138,000 -12,000	-8%	-$947K
7	7 Alerian MLP ETF AMLP $10.3B	$5.68M	1.64%	109,397	New	+$5.68M
8	8 Cameco CCJ $22.8B	$0	0%	0 -140,000	Closed	–
9	9 Constellation Energy CEG $91.6B	$0	0%	0 -10,000	Closed	–
10	10 Cipher Mining CIFR $1.4B	$0	0%	0 -14,684	Closed	–
11	11 Core Scientific CORZ $3.25B	$0	0%	0 -37,195	Closed	–
12	12 Energy Transfer Partners ET $62.2B	$0	0%	0	–	–
13	13 Ford F $42.6B	$0	0%	0	–	–
14	14 Freeport-McMoran FCX $55.2B	$0	0%	0	–	–
15	15 General Motors GM $48.3B	$0	0%	0	–	–
16	16 NGL Energy Partners NGL $491M	$0	0%	0	–	–
17	17 SPDR S&P 500 ETF Trust SPY $603B	$0	0%	0	–	–
18	18 Suncor Energy SU $43.2B	$0	0%	0 -100,100	Closed	–