ALPS reports ~8% stakes in Delek Logistics
Delek Logistics Partners LP schedules an amended beneficial ownership disclosure reporting large passive stakes held by two related reporting persons.
Rhea-AI Filing Summary
Delek Logistics Partners LP schedules an amended beneficial ownership disclosure reporting large passive stakes held by two related reporting persons. ALPS Advisors, Inc. reports shared voting and dispositive power over 4,384,141 common units (8.25% of the class), and Alerian MLP ETF reports shared voting and dispositive power over 4,342,693 common units (8.17% of the class). The filing states the units are owned by investment funds advised by ALPS Advisors, and that ALPS Advisors disclaims beneficial ownership of the funds' securities. The statement is signed by Matthew Sutula, Chief Compliance Officer.
Positive
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Insights
Two funds report ~8% passive stakes via shared voting/dispositive power.
The filing lists 4,384,141 units (8.25%) associated with ALPS Advisors' advisory role and 4,342,693 units (8.17%) held by the Alerian MLP ETF, both showing shared voting and dispositive authority. The disclosure frames these as fund holdings with the adviser disclaiming beneficial ownership.
Relevant dependencies include continued fund ownership and any future amendments. Subsequent filings would show changes to these percentages or transfers.
Amendment clarifies reporting mechanics and adviser disclaimers under Section 13(d).
The filing emphasizes that ALPS Advisors furnishes investment advice to registered funds and that the reported securities are owned by those funds; the adviser expressly disclaims beneficial ownership. The statement references the Investment Company Act framework for fund holdings.
Watch for further amendments if voting/dispositive arrangements change or if a Schedule 13D becomes required.
Key Figures
Key Terms
beneficially owned regulatory
Investment Company Act regulatory
disclaims beneficial ownership regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake does ALPS Advisors report in Delek Logistics (DKL)?
How many Delek Logistics units does Alerian MLP ETF report owning?
Does ALPS Advisors claim to beneficially own the reported DKL units?
Who signed the Schedule 13G/A amendment for these holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.