Global Partners: 17.19% Held by Alerian MLP ETF
Global Partners LP schedules a revision to its beneficial ownership disclosure.
Rhea-AI Filing Summary
Global Partners LP schedules a revision to its beneficial ownership disclosure. The amendment reports 5,844,099 common units held by ALPS Advisors, Inc. and the Alerian MLP ETF, representing 17.19% of the outstanding common units.
The filing states that ALPS Advisors, Inc. is the investment adviser to the Alerian MLP ETF and disclaims beneficial ownership of the securities, which are owned by the fund. The statement is certified by Matthew Sutula, Chief Compliance Officer.
Positive
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Negative
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Insights
13G/A amends ownership disclosure and clarifies adviser/fund roles.
The filing lists 5,844,099 units and a 17.19% stake, attributing ownership to the Alerian MLP ETF while noting that ALPS Advisors, Inc. provides advisory services and disclaims beneficial ownership. This reflects standard adviser-held fund reporting practices.
Key dependencies include internal fund holdings and voting arrangements; subsequent filings would show any change in percent ownership or voting power.
Large passive position held through an ETF; adviser reports shared voting/dispositive power.
The schedule shows the fund holds 5,844,099 units (17.19%) with shared voting and dispositive power recorded, indicating portfolio-level control exercised by the adviser for fund-held shares. The adviser expressly disclaims beneficial ownership.
This is a fund-level disclosure; cash-flow treatment and trading intent are not stated in the excerpt.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does ALPS Advisors report in Global Partners (GLP)?
Does ALPS Advisors claim beneficial ownership of GLP units?
Which entity actually holds the 5,844,099 units in GLP?
Who signed the Schedule 13G/A amendment for GLP?
AI-generated analysis. How Rhea-AI works. Not financial advice.