SCHEDULE 13G: ALPS Advisors and Alerian MLP ETF Disclose Passive Stakes in Delek Logistics Partners LP

ALPS Advisors, Inc. and Alerian MLP ETF have filed a Schedule 13G, disclosing their passive beneficial ownership stakes of 6.39% and 6.35% respectively, in Delek Logistics Partners LP as of December 31, 2024.

Summary

• ALPS Advisors, Inc. reported beneficial ownership of 3,287,772 common units, representing 6.39% of Delek Logistics Partners LP's class of securities.
• Alerian MLP ETF reported beneficial ownership of 3,270,198 common units, representing 6.35% of Delek Logistics Partners LP's class of securities.
• Both entities share voting and dispositive power over their respective reported holdings.
• ALPS Advisors, Inc. is an investment adviser, and Alerian MLP ETF is an investment company, both operating from 1290 Broadway, Suite 1000, Denver, CO, 80203.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing passive ownership, with no inherent positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."
• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11."

Industry Context

This filing is a routine disclosure of passive beneficial ownership by institutional investors in a publicly traded master limited partnership (MLP) within the logistics sector, common for investment funds tracking specific indices or sectors.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership stakes, which can influence market perception and liquidity.

Key Dates

Keywords

SEC filing, Schedule 13G, beneficial ownership, Delek Logistics Partners LP, ALPS Advisors Inc., Alerian MLP ETF, common units, limited partner interests, investment adviser, investment company, passive investment