SCHEDULE: ALPS Advisors, Alerian MLP ETF Report 22.75% Suburban Propane Stake

ALPS Advisors, Inc. and Alerian MLP ETF have jointly reported a beneficial ownership of 22.75% in Suburban Propane Partners LP, totaling 15,051,196 common units.

Summary

• ALPS Advisors, Inc. and Alerian MLP ETF are the reporting persons for this Schedule 13G Amendment No. 6.
• The filing discloses beneficial ownership of 15,051,196 common units representing limited partner interests in Suburban Propane Partners LP.
• This aggregate amount represents 22.75% of the class of securities.
• Both reporting persons share voting and dispositive power over all 15,051,196 shares.
• ALPS Advisors, Inc., an investment adviser, disclaims beneficial ownership, stating the securities are owned by the Funds, such as Alerian MLP ETF, to which it provides investment advice.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain performance metrics or forward-looking statements that would typically influence a sentiment score.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• We certify that, to the best of our 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 standard disclosure of significant beneficial ownership by institutional investors in a publicly traded master limited partnership (MLP) operating in the propane distribution sector. It reflects an institutional investor's portfolio allocation rather than a specific industry trend.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders are informed of a significant institutional holding in Suburban Propane Partners LP, which can influence market perception of the stock's stability and institutional interest.

Next Steps

• NA

Key Dates

Keywords

Suburban Propane Partners LP, ALPS Advisors, Alerian MLP ETF, Schedule 13G, Beneficial Ownership, Common Units, Limited Partner Interests, Investment Adviser, Investment Company