Global X 13G shows 5.22% of Genesis Energy, 6,395,790 units
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Global X Management Company LLC filed a Schedule 13G reporting beneficial ownership in Genesis Energy, L.P. (GEL) common units. The filing lists 6,395,790 common units, representing 5.22% of the class as of 09/30/2025.
Global X reports sole voting power over 6,395,790 units and sole dispositive power over 6,395,790 units, with no shared voting or dispositive power. The position arises from Global X’s role as investment adviser to the Global X MLP ETF; the ETF has the right to receive all dividends and sale proceeds. The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Positive
- None.
Negative
- None.
FAQ
What did Global X disclose about GEL in this Schedule 13G?
Global X reported beneficial ownership of 6,395,790 Genesis Energy common units, equal to 5.22% of the class as of 09/30/2025.
How much voting and dispositive power does Global X report over GEL units?
Global X reports sole voting power: 6,395,790 units and sole dispositive power: 6,395,790 units; zero shared power.
Who receives dividends and sale proceeds from the reported GEL units?
The Global X MLP ETF has the right to receive all dividends and sale proceeds from the securities held in its account.
Why is Global X deemed a beneficial owner of GEL units?
As the investment adviser to the Global X MLP ETF, Global X may be deemed to beneficially own the ETF’s GEL units, while disclaiming ownership of dividend/proceeds rights.
Was the GEL position acquired to influence control?
No. The filing states the units were acquired and are held in the ordinary course of business, not to change or influence control.
What is the date of the event requiring this 13G filing?
The event date is 09/30/2025.