ALPS Advisors Discloses 8.0% Stake in USA Compression Partners

Ticker: USAC · Form: SC 13G · Filed: Feb 5, 2024 · CIK: 1522727

Usa Compression Partners, LP SC 13G Filing Summary
FieldDetail
CompanyUsa Compression Partners, LP (USAC)
Form TypeSC 13G
Filed DateFeb 5, 2024
Risk Levellow
Pages5
Reading Time6 min
Sentimentbullish

Complexity: simple

Sentiment: bullish

Topics: institutional-ownership, passive-investment, SC-13G

TL;DR

**ALPS Advisors just revealed an 8.0% passive stake in USA Compression Partners, a bullish signal for the stock.**

AI Summary

ALPS Advisors, Inc. reported beneficial ownership of 8,772,895 Common Units of USA Compression Partners, LP as of December 31, 2023. This filing, an SC 13G, indicates that ALPS Advisors, Inc. holds a significant passive stake, representing 8.0% of the company's outstanding shares. This matters to investors because a large institutional holder like ALPS Advisors, Inc. signals confidence in the company's long-term prospects, potentially providing a floor for the stock price and attracting other institutional interest.

Why It Matters

This filing reveals a major institutional investor, ALPS Advisors, Inc., holds a substantial passive stake in USA Compression Partners, LP, which can be seen as a vote of confidence in the company's stability and future.

Risk Assessment

Risk Level: low — This filing indicates a passive investment by an institutional holder, which generally poses low risk to existing shareholders.

Analyst Insight

A smart investor would view this as a positive signal, suggesting institutional confidence in USA Compression Partners, LP, and might consider further research into the company's fundamentals.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G filing?

The reporting person is ALPS Advisors, Inc., as stated in Item 1 of the filing and the 'FILED BY' section.

What is the name of the issuer whose securities are being reported?

The issuer is USA Compression Partners LP, as identified in the 'Name of Issuer' section of the Schedule 13G.

How many shares of USA Compression Partners, LP does ALPS Advisors, Inc. beneficially own?

ALPS Advisors, Inc. beneficially owns 8,772,895 Common Units, as reported in Item 6 and 8 of the cover page.

What was the date of the event that required this SC 13G filing?

The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page.

What rule under the Securities Exchange Act of 1934 is this Schedule 13G filed under?

This Schedule 13G is filed under Rule 13d-1(b), indicated by the 'X' in the 'Check the appropriate box' section on the cover page.

Filing Stats: 1,387 words · 6 min read · ~5 pages · Grade level 8.3 · Accepted 2024-02-05 15:02:31

Filing Documents

From the Filing

SC 13G 1 fp0087039-8_sc13g.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* USA Compression Partners LP (Name of Issuer) Common Units (Title of Class of Securities) 90290N109 (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. 90290N109 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 8,772,895**see Note 1** 7. Sole Dispositive Power 0 8. Shared Dispositive Power 8,772,895**see Note 1** 9. Aggregate Amount Beneficially Owned by Each Reporting Person 8,772,895**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) 8.93% 12. Type of Reporting Person (See Instructions) IA CUSIP No. 90290N109 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 8,772,895**see Note 1** 7. Sole Dispositive Power 0 8. Shared Dispositive Power 8,772,895**see Note 1** 9. Aggregate Amount Beneficially Owned by Each Reporting Person 8,772,895**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) 8.93% 12. Type of Reporting Person (See Instructions) IV Item 1. (a) Name of Issuer USA Compression Partners LP (b) Address of Issuer’s Principal Executive Offices 111 CONGRESS AVENUE, SUITE 2400 Austin, TX 78701 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 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) [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: 8,772,895**see Note 1** (b) Percent of class: 8.93% (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 t

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