SCHEDULE: Plains All American Pipeline LP: Major Stake Held by ALPS Advisors

ALPS Advisors, Inc. and Alerian MLP ETF report a combined 10.36% beneficial ownership of Plains All American Pipeline LP common units as of March 31, 2026.

Summary

• ALPS Advisors, Inc. and Alerian MLP ETF have jointly reported beneficial ownership of 73,107,070 common units representing limited partner interests in Plains All American Pipeline LP.
• This holding constitutes 10.36% of the class of securities.
• The filing is an amendment (Amendment No. 14) to a Schedule 13G, indicating a change or update in ownership.
• ALPS Advisors, Inc., an investment adviser, exercises shared voting and dispositive power over these securities held by investment funds it advises, including the Alerian MLP ETF.
• ALPS Advisors, Inc. disclaims beneficial ownership beyond its investment advisory role, stating all securities are owned by the Funds.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It reports a significant ownership stake but provides no new financial performance data or strategic insights into Plains All American Pipeline LP.

Positives

• Significant institutional ownership by ALPS Advisors, Inc. and Alerian MLP ETF, indicating confidence in Plains All American Pipeline LP.
• The reporting entities are registered investment advisers and investment companies, suggesting a professional and regulated approach to their holdings.

Negatives

• The filing does not contain specific financial performance data for Plains All American Pipeline LP, focusing solely on ownership percentages.

Risks

• Potential for significant block trades by these large holders could impact the stock price.
• As an investment adviser, ALPS Advisors, Inc. may adjust holdings based on market conditions or fund performance, leading to potential volatility for Plains All American Pipeline LP.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding Plains All American Pipeline LP's future performance. It solely reports on ownership stakes.

Management Comments

• ALPS Advisors, Inc. disclaims beneficial ownership of the reported securities, stating they are owned by the Funds it advises.
• The filing states that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that significant institutional holdings, as reported in this Schedule 13G filing for Plains All American Pipeline LP, are common in the midstream energy sector. Such filings often signal sustained investor interest or strategic portfolio management by large asset managers and ETFs focused on the energy infrastructure space.

Stakeholder Impact

• Shareholders: The substantial ownership by institutional investors may provide a degree of stability to the stock price, but also indicates potential for large trades that could cause volatility.
• Creditors: Stable institutional ownership can be viewed positively by creditors as it may suggest a more predictable business environment.
• Management: The significant stake held by ALPS Advisors, Inc. and Alerian MLP ETF may influence management's strategic decisions and focus on shareholder value.

Next Steps

• Continued monitoring of Plains All American Pipeline LP's operational and financial performance.
• Observation of any future changes in the ownership stake reported by ALPS Advisors, Inc. and Alerian MLP ETF.

Key Dates

Keywords

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