SCHEDULE: WaterBridge Infrastructure LLC: Stakeholder Ownership Update

ALPS Advisors, Inc. and Alerian MLP ETF report significant beneficial ownership of WaterBridge Infrastructure LLC common units as of June 30, 2026.

Summary

• ALPS Advisors, Inc. (AAI) and Alerian MLP ETF have filed a Schedule 13G, indicating their beneficial ownership of WaterBridge Infrastructure LLC common units.
• ALPS Advisors, Inc. beneficially owns 9,851,493 common units, representing 7.98% of the class.
• Alerian MLP ETF beneficially owns 9,734,757 common units, representing 7.89% of the class.
• Both entities report shared voting and dispositive power over these units.
• AAI acts as an investment adviser to the Alerian MLP ETF and other investment companies, holding voting and/or investment power over the reported securities.
• AAI disclaims beneficial ownership, stating that all reported securities are owned by the Funds it advises.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It provides important ownership information but lacks operational or financial data to indicate positive or negative performance.

Positives

• Significant institutional ownership reported by ALPS Advisors, Inc. and Alerian MLP ETF, indicating confidence in WaterBridge Infrastructure LLC.
• The filing clearly delineates ownership percentages and beneficial holdings, providing transparency to the market.

Negatives

• The filing does not contain financial performance data or operational updates, limiting the scope of positive or negative assessment.
• ALPS Advisors, Inc. disclaims beneficial ownership, which could imply a more indirect influence or a fiduciary role rather than direct control.

Risks

• Potential for shifts in institutional holdings, which could impact share price and liquidity if significant positions are altered.
• The nature of investment advisory relationships means that decisions regarding these holdings are made by AAI on behalf of its funds, introducing a layer of indirect control.

Future Outlook

This filing is primarily a disclosure of beneficial ownership and does not contain forward-looking statements or financial guidance.

Management Comments

• ALPS Advisors, Inc. disclaims beneficial ownership of the securities, stating that all securities reported are owned by the Funds to which AAI provides investment advice.
• The filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors accumulating significant stakes in publicly traded entities. The reported ownership by ALPS Advisors, Inc. and Alerian MLP ETF suggests these entities view WaterBridge Infrastructure LLC as a strategic investment within the energy infrastructure or MLP sector.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional holdings, which can influence market perception and trading activity.
• Management of WaterBridge Infrastructure LLC: Awareness of substantial ownership stakes held by investment advisors, potentially influencing strategic discussions.
• Creditors: Indirect impact through potential stability or volatility associated with significant institutional investment.

Next Steps

• Monitor future SEC filings for any changes in beneficial ownership by ALPS Advisors, Inc. and Alerian MLP ETF.
• Observe any subsequent disclosures from WaterBridge Infrastructure LLC regarding its operational or financial performance.

Key Dates

Keywords

WaterBridge Infrastructure LLC, Schedule 13G, ALPS Advisors, Inc., Alerian MLP ETF, Beneficial Ownership, Common Units, Limited Partner Interests, Institutional Investor, SEC Filing