SCHEDULE: ALPS Advisors and Alerian MLP ETF Maintain Significant Stake in Genesis Energy LP

ALPS Advisors, Inc. and Alerian MLP ETF have filed an amended Schedule 13G, disclosing their continued beneficial ownership of 19.16% and 19.03% respectively, of Genesis Energy LP's common units.

Summary

• ALPS Advisors, Inc. reported beneficial ownership of 23,460,058 common units of Genesis Energy LP, representing 19.16% of the class.
• Alerian MLP ETF reported beneficial ownership of 23,302,566 common units of Genesis Energy LP, representing 19.03% of the class.
• Both ALPS Advisors, Inc. and Alerian MLP ETF hold shared voting and dispositive power over their reported shares.
• ALPS Advisors, Inc. acts as an investment adviser to Alerian MLP ETF and other investment companies, disclaiming beneficial ownership as the securities are ultimately owned by the Funds.

Sentiment

Score: 5

Explanation: This is a neutral, factual disclosure of beneficial ownership, providing no positive or negative operational or financial news about the issuer.

Positives

• Significant institutional ownership by ALPS Advisors, Inc. and Alerian MLP ETF, indicating continued investment interest in Genesis Energy LP.

Negatives

• No negative information is disclosed in this beneficial ownership report.

Risks

• No specific risks related to Genesis Energy LP's operations or financial health are disclosed in this beneficial ownership report.

Future Outlook

NA

Management Comments

• ALPS Advisors, Inc. ("AAI"), an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to investment companies registered under the Investment Company Act of 1940 (collectively referred to as the "Funds").
• In its role as investment advisor, AAI has voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported in this schedule are owned by the Funds. AAI disclaims beneficial ownership of such securities.
• By signing below I certify that, to the best of my knowledge and belief, 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 §§ 240.14a-11.

Industry Context

This filing is a routine disclosure of significant passive institutional ownership in a Master Limited Partnership (MLP) within the energy sector. Such filings are common for ETFs and investment advisors that hold substantial positions in publicly traded entities, reflecting their investment strategies rather than specific industry trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional holders, which can contribute to market confidence.
• Management: Awareness of large passive institutional holders.

Key Dates

Keywords

Genesis Energy LP, ALPS Advisors Inc, Alerian MLP ETF, Schedule 13G, Beneficial Ownership, Common Units, Limited Partner Interests, SEC Filing, Investment Adviser, Investment Company, MLP