SCHEDULE: Hess Midstream LP: Major Stakeholders Disclose Holdings

ALPS Advisors and Alerian MLP ETF report significant beneficial ownership of Hess Midstream LP common units as of June 30, 2026.

Summary

• ALPS Advisors, Inc. and Alerian MLP ETF have filed a Schedule 13G, indicating their beneficial ownership of Hess Midstream LP common units.
• ALPS Advisors, Inc. beneficially owns 29,254,074 common units, representing 22.79% of the class.
• Alerian MLP ETF beneficially owns 28,894,932 common units, representing 22.51% of the class.
• Both entities share the power to vote and dispose of these securities.
• The filing is an amendment (Amendment No. 7) to a previous filing and is dated June 30, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine ownership disclosure and does not provide new performance data or strategic insights.

Positives

• Significant investment from established financial entities like ALPS Advisors and Alerian MLP ETF suggests confidence in Hess Midstream LP's business model and future prospects.
• The substantial combined ownership by these entities could indicate a stable shareholder base.

Negatives

• The filing does not contain any negative financial results or operational issues.
• The information is purely a disclosure of ownership stakes and does not inherently present negative aspects of the company's performance.

Risks

• Concentration of ownership among a few large holders could potentially lead to significant market impact if these holders decide to divest their positions.
• As an investment adviser, ALPS Advisors, Inc. manages funds, and changes in fund strategies or investor redemptions could lead to shifts in beneficial ownership.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that significant holdings by investment vehicles like ALPS Advisors and Alerian MLP ETF are common in the midstream energy sector, reflecting investor interest in stable, income-generating assets. These filings are crucial for understanding the major players influencing a company's stock.

Stakeholder Impact

• Shareholders: The disclosure confirms significant institutional backing, which can be viewed positively, but also highlights potential influence by large holders.
• Creditors: Stable, significant ownership can imply a more stable corporate structure, which is generally favorable for creditors.
• Employees: No direct impact mentioned in the filing.

Next Steps

• Continued monitoring of Hess Midstream LP's operational and financial performance.
• Tracking any future changes in beneficial ownership reported by ALPS Advisors, Inc. and Alerian MLP ETF.

Key Dates

Keywords

Hess Midstream LP, Schedule 13G, ALPS Advisors, Alerian MLP ETF, Common Units, Limited Partner Interests, Beneficial Ownership, SEC Filing, Investment Adviser, Energy Infrastructure