SCHEDULE: Alerian MLP ETF Boosts Delek Logistics Stake to 8.33%

Alerian MLP ETF and its advisor, ALPS Advisors, Inc., report significant beneficial ownership in Delek Logistics Partners LP, holding 8.33% and 8.39% respectively.

Summary

• Alerian MLP ETF beneficially owns 4,457,109 common units of Delek Logistics Partners LP, representing 8.33% of the class.
• ALPS Advisors, Inc., the investment adviser to Alerian MLP ETF, beneficially owns 4,489,123 common units, representing 8.39% of the class.
• Both entities share voting and dispositive power over their respective holdings.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The filing indicates a significant and continued institutional ownership stake by a specialized MLP fund and its advisor, suggesting a positive view on Delek Logistics Partners LP's long-term prospects and its role within the MLP sector. The ownership is passive and in the ordinary course of business, which is generally a neutral to positive signal.

Positives

• Significant institutional ownership by a specialized MLP ETF indicates confidence in Delek Logistics Partners LP's business model and distributions.
• The investment adviser, ALPS Advisors, Inc., also holds a substantial stake, reinforcing the institutional conviction.

Future Outlook

This filing does not contain forward-looking statements or guidance from the issuer or the reporting persons regarding the issuer's future performance.

Industry Context

Alerian MLP ETF (AMLP) is a prominent exchange-traded fund focused on master limited partnerships (MLPs), which are publicly traded partnerships that primarily operate in the energy infrastructure sector. Its significant stake in Delek Logistics Partners LP highlights the company's position within the MLP universe and its appeal to investors seeking exposure to energy infrastructure assets and their associated distributions.

Stakeholder Impact

• Shareholders: The significant institutional ownership by a specialized fund may provide a level of stability and confidence, potentially attracting other investors.

Key Dates

Recommendation

The filing indicates a substantial, passive institutional ownership by Alerian MLP ETF and ALPS Advisors, Inc., which is a positive signal of confidence in Delek Logistics Partners LP's business model within the MLP sector. However, this is an ownership disclosure and does not provide new operational or financial performance data to warrant a 'buy' or 'sell' recommendation. The existing significant stake suggests a 'hold' position for investors who align with the long-term investment thesis for MLPs and Delek Logistics.

Keywords

Delek Logistics Partners LP, DLP, Alerian MLP ETF, AMLP, ALPS Advisors, Schedule 13G, beneficial ownership, common units, limited partner interests, MLP, investment adviser, institutional ownership