ALPS ADVISORS INCALPS ADVISORS INC

Institutional investor · Portfolio as of Q3 2019

Top Holdings822 positions

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Activity:

ENTERPRISE PRODUCTS PARTNERS

29.4M$841.1M6.5%$16.70+1.20%
3 qtrssince 2019-Q1
Decreased
0
MPLXMPLX
Unit

MPLX LP

29.3M$819.8M6.4%$15.77-10.52%
3 qtrssince 2019-Q1
Increased
65
MMPMMP
Unit

MAGELLAN MIDSTREAM PRTNRS LP

12.3M$813M6.3%——
3 qtrssince 2019-Q1
Decreased
0

Energy Transfer Equity LP

60.4M$790.4M6.2%$8.01-11.10%
3 qtrssince 2019-Q1
Decreased
0
PAAPAA
Unit

PLAINS ALL AMERN PIPELINE L

38M$787.7M6.1%$13.61-12.56%
3 qtrssince 2019-Q1
Increased
62
WESWES
Unit

WESTERN MIDSTREAM PARTNERS L

24.3M$604.7M4.7%$15.08-13.32%
3 qtrssince 2019-Q1
Increased
76

TALLGRASS ENERGY LP

19M$382.4M3.0%——
3 qtrssince 2019-Q1
Increased
69
PSXPPSXPDelisted
Unit

PHILLIPS 66 PARTNERS LP

6.7M$382M3.0%——
3 qtrssince 2019-Q1
Increased
70

BERKSHIRE HATHAWAY INC CL A

1,114$347.4M2.7%$301,215.00+3.40%
3 qtrssince 2019-Q1
Unchanged
0
NSNSDelisted
Unit

NUSTAR ENERGY LP

11.8M$334.5M2.6%——
3 qtrssince 2019-Q1
Increased
70
EQMEQMDelisted
Unit

EQM MIDSTREAM PARTNERS LP

10M$326.6M2.5%——
3 qtrssince 2019-Q1
Increased
70
SHLXSHLXDelisted
Unit

SHELL MIDSTREAM PARTNERS L P

14.9M$304.9M2.4%——
3 qtrssince 2019-Q1
Increased
70
DCPDCPDelisted

DCP MIDSTREAM LP

10.9M$284.7M2.2%——
3 qtrssince 2019-Q1
Increased
69
GELGEL
Unit

GENESIS ENERGY L P

13.2M$282.5M2.2%$14.03-2.44%
3 qtrssince 2019-Q1
Increased
69
ENLCENLCDelisted
Unit

EnLink Midstream LLC

31.3M$266.4M2.1%——
3 qtrssince 2019-Q1
Increased
69
TCTCPDelisted

TC PIPELINES LP

6.5M$264.5M2.1%——
3 qtrssince 2019-Q1
Increased
69
CQPCQP
Unit

CHENIERE ENERGY PARTNERS LP

4.9M$223.3M1.7%$26.28+8.06%
3 qtrssince 2019-Q1
Increased
63
CEQPCEQPDelisted
Unit

CRESTWOOD EQUITY PARTNERS LP

5.9M$217.1M1.7%——
3 qtrssince 2019-Q1
Increased
63
NGLNGL
Unit

NGL ENERGY PARTNERS LP

14.1M$195.6M1.5%$10.99+1.05%
3 qtrssince 2019-Q1
Increased
63
ENBLENBLDelisted
Unit

ENABLE MIDSTREAM PARTNERS LP

10.8M$129.6M1.0%——
3 qtrssince 2019-Q1
Increased
62
$12.8B
AUM
822
Positions
Q3 2019
Filing
HI score · 2.5/5
Quarterly 13F Value Change
-4%Q2'19$13.5B-5%Q3'19$12.8B
Activity profile
$ moved · Q3'19
New4%Increased43%Decreased18%Exited35%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.5 quarters
<1Q23%1-4Q77%1-2Y0%2Y+0%

ALPS ADVISORS INC manages $12.8B across 822 positions as of Q3 2019. Top holdings: EPD (6.5%), MPLX (6.4%), MMP (6.3%). Fund DNA: Balanced Allocator. HoldingsIntel Score: 2.5/5.0.

Q3 2019 Summary

Active quarter - 189 new positions, 243 exits, 202 increased. Top move: WES (INCREASED, conviction 76). Portfolio: $12.8B across 822 positions.

Top holdings by portfolio weight

Total AUM$13B
EPD6.55%
MPLX6.38%
MMP6.33%
ET6.15%
PAA6.13%
WES4.71%
TGE2.98%
PSXP2.97%
BRK/A2.70%
NS2.60%
Other2.54%

Portfolio allocation by GICS sector

Sectors11
Unknown57.75%
Energy14.59%
Financial Services10.36%
Healthcare2.89%
Consumer Cyclical2.83%
Technology2.56%
Consumer Defensive2.32%
Industrials2.03%
Utilities1.61%
Communication Services1.45%
Other1.63%

Behavioral investing profile

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Balanced Allocator- primarily Unknown, Energy, Financial Services
Compare DNA across all funds
7-dimension, SEC 13F-derived research score
Solid(2.5 / 5.0)
Holdings P&L48
Conviction40
Concentration86
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Verify source filings on SEC EDGAR

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