ALPS Advisors, Inc. and the Alerian MLP ETF report shared beneficial ownership of 17,105,738 common units of USA Compression Partners LP, equal to 13.94% of the outstanding class. Both reporting parties show no sole voting or dispositive power and instead report shared voting and dispositive power over the full position. The filing is a Schedule 13G/A submitted under passive/investment-adviser reporting provisions, and includes a certification that the securities are held in the ordinary course of business and not for the purpose of influencing control. Signatures indicate the Chief Compliance Officer executed the filing on 10/01/2025.
Positive
Transparent disclosure of a material passive stake: 17,105,738 units (13.94%)
Proper reporting form (Schedule 13G/A) with certification and authorized signature
Negative
None.
Insights
Large passive stake reported: 13.94% held jointly by adviser and ETF.
The filing shows ALPS Advisors, Inc.Alerian MLP ETF together hold 17,105,738 units, representing 13.94% of the common units. Ownership is reported as shared voting and dispositive power, with no sole control indicated.
This is a disclosure of a substantial passive position under Schedule 13G/A; it signals significant exposure but does not assert intent to influence control. Monitor any future amendments or Schedule 13D filings for changes in intent or voting arrangements within the next reporting cycle.
Filing appears to follow Section 13 reporting and includes required certifications.
The statement identifies the filer types 13.94% ownership threshold, and contains the certification that holdings are ordinary-course investments not intended to change control. The schedules are signed by the Chief Compliance Officer on 10/01/2025.
For compliance review, verify that the reported share count matches transfer agent records and watch for any subsequent amendments if holdings or voting arrangements change before the next quarterly reporting date.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
USA Compression Partners LP
(Name of Issuer)
Common Units Representing Limited Partner Interests
(Title of Class of Securities)
90290N109
(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.
90290N109
1
Names of Reporting Persons
Alerian MLP ETF
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
0.00
6
Shared Voting Power
17,105,738.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
17,105,738.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,105,738.00
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)
13.94 %
12
Type of Reporting Person (See Instructions)
IV
SCHEDULE 13G
CUSIP No.
90290N109
1
Names of Reporting Persons
ALPS Advisors, Inc.
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
COLORADO
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
17,105,738.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
17,105,738.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,105,738.00
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)
13.94 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
USA Compression Partners LP
(b)
Address of issuer's principal executive offices:
8117 Preston Road, Suite 510A, Dallas, TX, 75225
Item 2.
(a)
Name of person filing:
(1) ALPS Advisors, Inc.
(2) Alerian MLP ETF
(b)
Address or principal business office or, if none, residence:
Common Units Representing Limited Partner Interests
(e)
CUSIP No.:
90290N109
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).
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.
ALPS Advisors, Inc. ("AAI"), an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to investment companies registered under the Investment Company Act of 1940 (collectively referred to as the "Funds"). In its role as investment advisor, AAI has voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported in this schedule are owned by the Funds. AAI disclaims beneficial ownership of such securities. In addition, the filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
Alerian MLP ETF is an investment company registered under the Investment Company Act of 1940 and is one of the Funds to which AAI provides investment advice.
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.
Alerian MLP ETF
Signature:
/s/ Matthew Sutula
Name/Title:
Matthew Sutula, Chief Compliance Officer
Date:
10/01/2025
ALPS Advisors, Inc.
Signature:
/s/ Matthew Sutula
Name/Title:
Matthew Sutula, Chief Compliance Officer
Date:
10/01/2025
Comments accompanying 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.
What stake do ALPS Advisors and Alerian MLP ETF report in USAC?
They report beneficial ownership of 17,105,738 common units, representing 13.94% of the class.
Does either reporting person claim sole voting or dispositive power over USAC units?
No. Both report 0 sole voting and dispositive power and 17,105,738 shared voting and dispositive power.
Under what rule was this Schedule 13G/A filed for USAC (symbol USAC)?
The filing is made under the Schedule 13G/A provisions applicable to passive investors and investment advisers; the document lists filer types as IAIV (investment company).
When was the filing signed and by whom?
The Schedule 13G/A was signed on 10/01/2025 by Matthew Sutula, Chief Compliance Officer.
Does the filing indicate an intent to influence control of USA Compression Partners LP?
No. The certification states the securities are held in the ordinary course of business and were not acquired to change or influence control.
