Sunoco LP holder reports 12.15% stake in common units
Sunoco LP received an updated ownership report from institutional investors connected to ALPS Advisors.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Sunoco LP received an updated ownership report from institutional investors connected to ALPS Advisors. ALPS Advisors, Inc. and Alerian MLP ETF together report beneficial ownership of 24,856,265 common units of Sunoco LP, representing 12.15% of the outstanding class. They report no sole voting or dispositive power, but shared voting and shared dispositive power over all of these units.
The units are held by investment funds advised by ALPS Advisors, including Alerian MLP ETF, and ALPS Advisors disclaims beneficial ownership beyond its role as investment adviser. The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Sunoco LP.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Sunoco LP (SUN) do ALPS Advisors and Alerian MLP ETF report?
Who are the reporting persons in this Sunoco LP (SUN) Schedule 13G/A filing?
Do ALPS Advisors and Alerian MLP ETF control how Sunoco LP (SUN) units are voted?
Is ALPS Advisors claiming full beneficial ownership of its Sunoco LP (SUN) holdings?
Are the Sunoco LP (SUN) holdings intended to influence control of the company?
What type of entity is Alerian MLP ETF in relation to Sunoco LP (SUN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.