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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.
FAQ
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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?
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GENESIS ENERGY LP
(Name of Issuer)
Common Units
(Title of Class of Securities)
371927104
(CUSIP Number)
09/30/2025
(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)
SCHEDULE 13G
CUSIP No.
371927104
1
Names of Reporting Persons
Global X Management CO LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6,395,790.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
6,395,790.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,395,790.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.22 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: See Item 4 of this Filing
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
GENESIS ENERGY LP
(b)
Address of issuer's principal executive offices:
811 Louisiana St, Suite 1200, Houston, Texas, 77002
Item 2.
(a)
Name of person filing:
Global X Management Company LLC ("GXMC")
(b)
Address or principal business office or, if none, residence:
605 3rd Avenue, 43rd Floor
New York, NY 10158
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Units
(e)
CUSIP No.:
371927104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information in items 1 and 5 through 11 on the cover pages (p. 2) on Schedule 13G is hereby incorporated by reference.
GXMC is a registered investment adviser that furnishes investment advice to the Global X MLP ETF (the "Fund'), a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940. As a result of its role as investment adviser to the Fund, GXMC may be deemed to be the beneficial owner of common units of Genesis Energy, L.P. held by the Fund. However, GXMC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Fund and disclaims any ownership associated with such rights.
(b)
Percent of class:
5.22 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
6,395,790.00
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
6,395,790.00
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Global X MLP ETF, set forth in Item 4 above, has the right to receive all dividends from, and the proceeds from the sale of, the securities held in its respective account. These common units were acquired in the ordinary course of business, and not with the purpose of changing or influencing control of the issuer.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
