ALPS Reports 4,323,382 Units (8.09%) of Delek Logistics (DKL)
ALPS Advisors, Inc. and the Alerian MLP ETF filed an amendment to a Schedule 13G reporting ownership of common units of Delek Logistics Partners LP.
Rhea-AI Filing Summary
ALPS Advisors, Inc. and the Alerian MLP ETF filed an amendment to a Schedule 13G reporting ownership of common units of Delek Logistics Partners LP. ALPS Advisors reports beneficial ownership of 4,323,382 units, representing 8.09% of the class, while Alerian MLP ETF reports 4,290,629 units, or 8.03%. Both reporting persons show no sole voting or dispositive power and only shared voting and dispositive power over the units. The filing states these securities are owned by funds advised by ALPS Advisors and that ALPS disclaims beneficial ownership for other purposes; signatures attest to accuracy on 10/01/2025.
Positive
- Significant stake disclosed: ALPS Advisors reports 4,323,382 units representing 8.09% of the class
- Transparent reporting: Filing includes explicit attribution that securities are owned by funds advised by ALPS and contains attestations signed on 10/01/2025
Negative
- No sole control: Both reporting persons report 0 sole voting and dispositive power, indicating no direct unilateral control over the issuer
Insights
TL;DR: Two related reporting persons hold ~8% each via advised funds, with only shared voting/dispositive power.
The filing shows ALPS Advisors, Inc. as an investment adviser with voting and investment power over 4,323,382 units (8.09%) and the Alerian MLP ETF holding 4,290,629 units (8.03%). Ownership is reported as held by funds advised by ALPS, and ALPS disclaims beneficial ownership for other legal purposes.
Key dependencies include the composition of the underlying funds and whether any single fund accounts for a material portion of the reported stake; monitor public filings for any changes to shared voting arrangements or additional amendments near Q4 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Delek Logistics Partners (DKL) does ALPS Advisors report?
What stake in DKL does Alerian MLP ETF report?
Do the reporting persons have sole voting or dispositive power over DKL units?
Are the reported securities owned directly by ALPS Advisors?
When was this Schedule 13G/A signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.