[SCHEDULE 13G/A] USA COMPRESSION PARTNERS LP SEC Filing

Rhea-AI Filing Summary

ALPS Advisors, Inc. and its advised fund Alerian MLP ETF filed Amendment No. 4 to Schedule 13G reporting their ownership in USA Compression Partners LP (USAC).

• The reporting persons jointly hold 15,605,098 common units of USAC.
• This position equals 13.27 % of the partnership’s outstanding units.
• Both entities report shared voting and dispositive power over the entire stake; they hold no sole voting or dispositive power.
• The filing is made under Rule 13d-1(b), indicating a passive investment by an institutional adviser and an exchange-traded fund.
• The event date triggering the filing is 30 June 2025; the certification is signed on 1 July 2025 by Chief Compliance Officer Matthew Sutula.
• ALPS Advisors clarifies that the units are owned by its advised funds, and it disclaims beneficial ownership except for Section 13(d) purposes.

The disclosure confirms a sizable, but passive, institutional position in USAC without indicating any intent to influence control or strategy.

Positive

• Institutional ownership of 13.27 % by ALPS Advisors/Alerian MLP ETF indicates sizable passive support for USAC's units.

Negative

• None.

Insights

Securities Analyst

TL;DR – Large passive ETF stake (13.27 %) disclosed; neutral impact on USAC fundamentals.

The Schedule 13G/A shows ALPS Advisors and the Alerian MLP ETF collectively own 15.6 million USAC units. Because the filing is under Rule 13d-1(b), it signals a passive position rather than an activist stance. The holding size is material—exceeding the 10 % threshold—but no change-of-control ambition or strategic commentary is provided. For investors, the data mainly confirms sustained institutional support and float concentration. Unless prior amendments showed materially different percentages, today’s disclosure is informational rather than a catalyst. Market impact should be mild.

Portfolio Manager

TL;DR – Filing affirms ETF’s 13 % stake; adds liquidity insight but no strategic signal.

ETFs rarely pursue governance initiatives, so a 13.27 % holding by Alerian MLP isn’t likely to shift USAC’s capital agenda. That said, concentrated ETF ownership can reduce the effective free float and heighten sensitivity to fund flows—relevant for liquidity analysis. The disclosure provides transparency but doesn’t alter the investment thesis on cash-flow stability or distribution coverage. I view the news as neutral for valuation.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

USA Compression Partners LP

(Name of Issuer)

Common Units Representing Limited Partner Interests

(Title of Class of Securities)

90290N109

(CUSIP Number)

06/30/2025

(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

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 15,605,098.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 15,605,098.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,605,098.00

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)

13.27 %

12

Type of Reporting Person (See Instructions)

IA

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 15,605,098.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 15,605,098.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,605,098.00

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)

13.27 %

12

Type of Reporting Person (See Instructions)

IV

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: (1) ALPS Advisors, Inc.: 1290 Broadway, Suite 1000, Denver, CO, 80203 (2) Alerian MLP ETF: 1290 Broadway, Suite 1000, Denver, CO, 80203
(c)	Citizenship: (1) ALPS Advisors, Inc.: Colorado (2) Alerian MLP ETF: Delaware
(d)	Title of class of securities: 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).
Item 4.	Ownership
(a)	Amount beneficially owned: (1) ALPS Advisors, Inc.: 15605098 (2) Alerian MLP ETF: 15605098
(b)	Percent of class: (1) ALPS Advisors, Inc.: 13.27% (2) Alerian MLP ETF: 13.27%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: (1) ALPS Advisors, Inc.: 15605098 (2) Alerian MLP ETF: 15605098
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: (1) ALPS Advisors, Inc.: 15605098 (2) Alerian MLP ETF: 15605098
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. 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.

ALPS Advisors, Inc.

Signature:	/s/ Matthew Sutula
Name/Title:	Matthew Sutula, Chief Compliance Officer
Date:	07/01/2025

Alerian MLP ETF

Signature:	/s/ Matthew Sutula
Name/Title:	Matthew Sutula, Chief Compliance Officer
Date:	07/01/2025

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.

FAQ

How many USA Compression Partners (USAC) units does ALPS Advisors own?

The adviser and its fund report 15,605,098 common units, equal to 13.27 % of the class.

What voting power does ALPS Advisors have over its USAC stake?

They hold shared voting and dispositive power over all 15.6 million units; sole power is zero.

Is the filing activist or passive?

It is a Schedule 13G under Rule 13d-1(b), denoting a passive investment, not an activist 13D filing.

When was the ownership position reportable?

The reportable event date is June 30, 2025.

What is the CUSIP number for USAC common units?

The CUSIP disclosed in the filing is 90290N109.