SCHEDULE 13G/A: ALPS Advisors and Alerian MLP ETF Disclose 9.81% Stake in Plains All American Pipeline LP

ALPS Advisors, Inc. and Alerian MLP ETF have jointly disclosed a beneficial ownership of 9.81% in Plains All American Pipeline LP as of December 31, 2024.

Summary

• ALPS Advisors, Inc., an investment adviser, and Alerian MLP ETF, an investment company, jointly reported beneficial ownership of 69,040,345 common units representing limited partner interests in Plains All American Pipeline LP.
• This aggregate amount represents 9.81% of the class of securities.
• Both reporting entities share voting and dispositive power over all 69,040,345 units.
• The filing is an Amendment No. 9 to a Schedule 13G, indicating a routine update to a previously disclosed significant holding.
• 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 disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing pertains to Plains All American Pipeline LP, a prominent entity in the midstream energy sector, primarily involved in crude oil and NGL transportation and storage. The reporting entities, ALPS Advisors, Inc. and Alerian MLP ETF, are significant players in the investment management space, with Alerian MLP ETF specifically focusing on Master Limited Partnerships (MLPs), which are common in the energy infrastructure sector. The disclosure reflects a passive, institutional investment in a key energy infrastructure company.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, confirming a large, passive stake held by ALPS Advisors and Alerian MLP ETF.

Key Dates

Keywords

Plains All American Pipeline LP, ALPS Advisors, Alerian MLP ETF, Schedule 13G, Beneficial Ownership, SEC Filing, Common Units, Limited Partner Interests, Investment Adviser, ETF, Midstream Energy