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ALPS-advised funds, Alerian MLP ETF hold ~8.5% of Delek Logistics (DKL)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Delek Logistics Partners (DKL) Schedule 13G/A reports that ALPS Advisors, Inc. and the Alerian MLP ETF hold large passive stakes in the partnership. ALPS Advisors, Inc. reports 4,575,667 common units (8.55%) and Alerian MLP ETF reports 4,536,265 common units (8.48%) as of 03/31/2026. The filing states the units are owned by investment funds advised by ALPS Advisors and that ALPS disclaims beneficial ownership; Alerian MLP ETF is one such fund. The form is signed by Matthew Sutula, Chief Compliance Officer.

Positive

  • None.

Negative

  • None.

Insights

Large passive holdings reported by an adviser and an ETF may affect voting concentration.

ALPS Advisors reports shared voting and dispositive power over 4,575,667 units (8.55%) while Alerian MLP ETF reports shared power over 4,536,265 units (8.48%), both as of 03/31/2026. The disclosure describes ownership as held by advised funds and includes a disclaimer that ALPS disclaims beneficial ownership.

Practical implications depend on how these shares are voted together or separately; proxy-season or partnership votes could see concentrated blocks controlled by the adviser and affiliated funds. Subsequent filings would show any voting coordination or changes in holdings.

ALPS Advisors units 4,575,667 shares Amount beneficially owned as of 03/31/2026
ALPS Advisors percent 8.55% Percent of class as of 03/31/2026
Alerian MLP ETF units 4,536,265 shares Amount beneficially owned as of 03/31/2026
Alerian MLP ETF percent 8.48% Percent of class as of 03/31/2026
Reporting date 03/31/2026 Record date shown on the cover header
Signature date 04/06/2026 Form signed by Chief Compliance Officer Matthew Sutula
beneficially owned regulatory
"Amount beneficially owned: ALPS Advisors, Inc.: 4575667"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power regulatory
"Shared Voting Power 4,575,667.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Investment Company Act of 1940 regulatory
"an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
disclaims beneficial ownership regulatory
"AAI disclaims beneficial ownership of such securities"





24664T103

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



ALPS Advisors, Inc.
Signature:/s/ Matthew Sutula
Name/Title:Matthew Sutula, Chief Compliance Officer
Date:04/06/2026
Alerian MLP ETF
Signature:/s/ Matthew Sutula
Name/Title:Matthew Sutula, Chief Compliance Officer
Date:04/06/2026

FAQ

What stake does ALPS Advisors report in Delek Logistics Partners (DKL)?

ALPS Advisors reports beneficial ownership of 4,575,667 common units, representing 8.55% of the class as of 03/31/2026. The filing states these units are owned by funds advised by ALPS and that ALPS disclaims beneficial ownership.

How many units does Alerian MLP ETF hold in DKL?

Alerian MLP ETF reports ownership of 4,536,265 common units, representing 8.48% of the class as of 03/31/2026. The ETF is identified as a fund advised by ALPS Advisors in the filing.

Does ALPS Advisors claim direct beneficial ownership of the reported units?

No. The filing explains ALPS provides investment advice to registered funds that own the units and explicitly disclaims beneficial ownership of the securities reported in the schedule.

What voting and dispositive powers are reported for these holdings?

Both filers report 0 sole voting and shared voting power equal to their unit counts: 4,575,667 for ALPS and 4,536,265 for the ETF, with matching shared dispositive power figures.

Who signed the Schedule 13G/A for these disclosures?

The Schedule 13G/A is signed by Matthew Sutula, Chief Compliance Officer, with signature dates shown as 04/06/2026 for both reporting entities.