SCHEDULE: Western Midstream Partners LP: Stakeholder Holdings Update

ALPS Advisors and Alerian MLP ETF report significant beneficial ownership of Western Midstream Partners 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 Western Midstream Partners LP common units.
• ALPS Advisors, Inc. beneficially owns 36,629,600 units, representing 8.87% of the class.
• Alerian MLP ETF beneficially owns 36,093,217 units, representing 8.74% of the class.
• Both entities share voting and dispositive power over these units.
• ALPS Advisors, Inc. acts as an investment adviser to Alerian MLP ETF and other investment companies, disclaiming beneficial ownership of the securities held by these funds.
• The filing is an amendment (Amendment No. 10) to a previous Schedule 13G, with the event date requiring the filing being June 30, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It's a routine disclosure of significant ownership stakes by institutional investors, providing transparency but no new operational or financial performance information.

Positives

• Significant holdings by investment entities suggest confidence in Western Midstream Partners LP's business model and future prospects.
• The filing indicates stable, long-term investment positions rather than short-term trading activities.

Negatives

• The filing does not contain financial performance data or operational updates, making it difficult to assess the company's current health.
• The large percentage of ownership by a few entities could potentially concentrate voting power.

Risks

• Concentration of ownership could lead to potential influence over corporate decisions by a few large holders.
• As a Schedule 13G filing, it primarily reports ownership and does not detail specific operational risks or strategic challenges faced by Western Midstream Partners LP.

Future Outlook

This filing is primarily a disclosure of ownership and does not contain forward-looking statements or guidance regarding the future performance of Western Midstream Partners LP.

Management Comments

• ALPS Advisors, Inc. disclaims beneficial ownership of the securities reported, stating that all securities are owned by the Funds (investment companies) to which AAI provides investment advice.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by ALPS Advisors, Inc. and Alerian MLP ETF reflects significant institutional investment in the midstream energy sector, a segment often characterized by stable cash flows and dividend distributions. The reported ownership percentages indicate substantial stakes held by these entities in Western Midstream Partners LP.

Stakeholder Impact

• Shareholders: Increased transparency regarding significant institutional holdings, potentially indicating stability or long-term interest from major investors.
• Creditors: The substantial ownership by investment entities may indirectly signal confidence in the company's financial stability and ability to service debt.
• Management: The filing confirms the presence of significant institutional investors who may influence corporate governance and strategic decisions.

Next Steps

• Continued monitoring of ownership filings for Western Midstream Partners LP to track any changes in significant beneficial ownership.
• Further analysis of Western Midstream Partners LP's financial reports and operational updates to assess company performance.

Key Dates

Keywords

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