ALPS Advisors and Alerian MLP ETF report 13.16% stake in USA Compression (USAC)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
USA Compression Partners LP reported that ALPS Advisors, Inc. and Alerian MLP ETF each have shared voting and dispositive power over 19,072,413 common units, representing 13.16% of the class as reported in this Amendment No. 7. The filing states the shares are owned by funds advised by ALPS Advisors, which disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned units: 19,072,413 shares
Percent of class: 13.16%
Shared voting power: 19,072,413 shares
+1 more
4 metrics
Beneficially owned units
19,072,413 shares
reported amount of common units
Percent of class
13.16%
percent of outstanding common units
Shared voting power
19,072,413 shares
shares with shared power to vote
Filing signature date
04/06/2026
signature of Chief Compliance Officer
Key Terms
beneficially owned, shared dispositive power, Investment Company Act
3 terms
beneficially owned regulatory
"Amount beneficially owned: 19,072,413"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Investment Company Act regulatory
"investment companies registered under the Investment Company Act of 1940"
The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.
FAQ
What stake does ALPS Advisors report in USA Compression Partners (USAC)?
ALPS Advisors reports shared voting and dispositive power over 19,072,413 units (13.16%). The filing states these units are owned by funds advised by ALPS Advisors and that ALPS disclaims beneficial ownership of the reported shares.
Does Alerian MLP ETF directly own the reported USAC units?
Alerian MLP ETF is listed as holding 19,072,413 units (13.16%). The filing identifies Alerian MLP ETF as one of the funds advised by ALPS Advisors that owns the reported common units.
What voting power is reported for the 19,072,413 USAC units?
Shared voting power and shared dispositive power are each reported for 19,072,413 units. The filing shows zero sole voting or sole dispositive power for the reporting persons.
When was this Schedule 13G/A signed for USAC?
The filing is signed by Matthew Sutula, Chief Compliance Officer, on 04/06/2026. The cover also references 03/31/2026 in the document header.
Does ALPS Advisors claim beneficial ownership of the USAC units?
No — ALPS Advisors disclaims beneficial ownership. The filing explains ALPS acts as investment adviser to funds that own the securities and that the securities reported are owned by those funds.