ALPS Advisors Holds 18.7M Units in Genesis Energy LP

TL;DR

**ALPS Advisors still owns a huge chunk of Genesis Energy, signaling institutional confidence.**

AI Summary

ALPS Advisors, Inc. filed an amended SC 13G/A on February 5, 2024, disclosing its ownership of 18,776,684 common units of Genesis Energy, L.P. as of December 31, 2023. This represents a significant passive stake, indicating ALPS Advisors' continued confidence in Genesis Energy's long-term prospects. For investors, this filing shows a major institutional investor maintaining a substantial position, which can be a positive signal about the stock's stability and potential for future growth.

Why It Matters

This filing confirms a major institutional investor, ALPS Advisors, Inc., continues to hold a significant stake in Genesis Energy, L.P., which can signal stability and institutional confidence to other investors.

Risk Assessment

Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk.

Analyst Insight

Investors should note that a major institutional investor maintains a substantial, passive stake, suggesting a stable long-term outlook for Genesis Energy, L.P. This could be a positive indicator for those considering or holding the stock.

Key Numbers

• 18,776,684 — Common Units Owned (Represents the total number of Genesis Energy, L.P. common units beneficially owned by ALPS Advisors, Inc.)
• 371927104 — CUSIP Number (Unique identifier for Genesis Energy, L.P. Common Units.)

Key Players & Entities

• ALPS Advisors, Inc. (company) — the reporting person holding the shares
• Genesis Energy, L.P. (company) — the issuer of the securities
• 18,776,684 (dollar_amount) — number of common units beneficially owned
• December 31, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• ALPS Advisors, Inc. will maintain a significant, passive stake in Genesis Energy, L.P. for the foreseeable future. (ALPS Advisors, Inc.) — high confidence, target: December 31, 2024

FAQ

Filing Documents

• fp0087039-3_sc13ga.htm (SC 13G/A) — 50KB
• 0001398344-24-002063.txt ( ) — 52KB

From the Filing

SC 13G/A 1 fp0087039-3_sc13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 9)* Genesis Energy, L.P. (Name of Issuer) Common Units (Title of Class of Securities) 371927104 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise CUSIP No. 371927104 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ALPS Advisors, Inc. (Tax ID: 84-1583423) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X 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 6. Shared Voting Power 18,776,684**see Note 1** 7. Sole Dispositive Power 0 8. Shared Dispositive Power 18,776,684**see Note 1** 9. Aggregate Amount Beneficially Owned by Each Reporting Person 18,776,684**see Note 1** 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row (9) 15.33% 12. Type of Reporting Person (See Instructions) IA CUSIP No. 371927104 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Alerian MLP ETF (Tax ID: 27-3041076) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) X 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 6. Shared Voting Power 18,687,308**see Note 1** 7. Sole Dispositive Power 0 8. Shared Dispositive Power 18,687,308**see Note 1** 9. Aggregate Amount Beneficially Owned by Each Reporting Person 18,687,308**see Note 1** 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) N/A 11. Percent of Class Represented by Amount in Row (9) 15.26% 12. Type of Reporting Person (See Instructions) IV Item 1. (a) Name of Issuer Genesis Energy, L.P. (b) Address of Issuer’s Principal Executive Offices 811 Louisiana St, Suite 1200 Houston, TX 77002 Item 2. (a) Name of Person Filing (1) ALPS Advisors, Inc. (2) Alerian MLP ETF (b) Address of Principal Business Office or, if none, Residence (1) 1290 Broadway, Suite 1000, Denver, CO 80203 (2) 1290 Broadway, Suite 1000, Denver, CO 80203 (c) Citizenship (1) Colorado (2) Delaware (d) Title of Class of Securities Common Units (e) CUSIP Number 371927104 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) [X] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8) - Alerian MLP ETF ; (e) [X] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E) – ALPS Advisors, Inc.; (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); (k) [ ] Group, in accordance with §240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. ALPS Advisors, Inc. (a) Amount beneficially owned: 18,776,684**see Note 1** (b) Percent of class: 15.33% (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

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View this SC 13G/A filing on SEC EDGAR