Alps Advisors

Multi-Strategy

Alps Advisors · Filed 2026-07-29 · CIK 0001376113 · Q2 2026

SHARE:X LINKEDIN EMAIL

Form ADV discretionary AUM, 2026-10-02i

$38.29B

13F Equity Value

$21.33B

As of Q2 2026

13F / AUM

55.7%

Positions

1000

13F long book at a glance — % of AUM

SUN

MPLX

EPD

WES

PAA

+990 more · 24%

NON-13F · 44%

Min weight:

Showing the top 150 of 1000 positions by value — loading the rest…

Value

# SharesSourceWeight

ENERGY TRANSFER L PHIST

$1.66B

4.3%86,904,208+946,629+1.1%2.52%13F

SUNOCO LP/SUNOCO FIN CORPHIST

SUN

$1.65B

4.3%24,435,476(235,915)(1.0%)11.93%13F+13G

MPLX LPHIST

MPLX

$1.61B

4.2%28,601,592+1,530,630+5.7%2.82%13F

ENTERPRISE PRODS PARTNERS LHIST

EPD

$1.60B

4.2%43,655,056+133,959+0.3%2.02%13F

WESTERN MIDSTREAM PARTNERS LHIST

WES

$1.60B

4.2%36,629,600(2,007,754)(5.2%)8.87%13F+13G

PLAINS ALL AMERN PIPELINE LHIST

PAA

$1.57B

4.1%70,510,853(2,596,217)(3.6%)9.99%13F+13G

HESS MIDSTREAM LPHIST

HESM

$1.10B

2.9%29,254,074(1,626,119)(5.3%)22.79%13F+13G

CHENIERE ENERGY PARTNERS L PHIST

CQP

$0.55B

1.4%9,104,161(408,052)(4.3%)1.88%13F

USA COMPRESSION PARTNERS LPHIST

USAC

$0.48B

1.3%18,253,585(818,828)(4.3%)12.59%13F+13G

CAMECO CORPHIST

CCJ

$0.36B

0.9%3,547,289(792,613)(18.3%)0.81%13F

GENESIS ENERGY L PHIST

GEL

$0.35B

0.9%24,840,174(1,085,372)(4.2%)20.28%13F+13G

WATERBRIDGE INFRASTRUCTURE LHIST

WBI

$0.34B

0.9%9,851,493+9,851,493NEW7.98%13F+13G

GLOBAL PARTNERS LPHIST

GLP

$0.27B

0.7%5,844,099(199,886)(3.3%)17.19%13F+13G

SUBURBAN PROPANE PARTNERS LHIST

SPH

$0.25B

0.7%14,720,155(655,419)(4.3%)22.19%13F+13G

NEXGEN ENERGY LTDHIST

NXE

$0.23B

0.6%24,670,482+175,104+0.7%3.74%13F

DELEK LOGISTICS PARTNERS LPHIST

DKL

$0.23B

0.6%4,384,141(191,526)(4.2%)8.25%13F+13G

VANGUARD INDEX FDSHIST

VTI

$0.17B

0.4%462,607(34,315)(6.9%)0.78%13F

FIRST MAJESTIC SILVER CORPHIST

$0.16B

0.4%9,207,971(1,109,440)(10.8%)1.87%13F

DENISON MINES CORPHIST

DNN

$0.15B

0.4%48,826,954+2,812,738+6.1%5.42%13F

ISHARES TRHIST

IVV

$0.14B

0.4%188,524+8,065+4.5%—13F

ENERGY FUELS INCHIST

UUUU

$0.14B

0.4%9,710,888+1,411,062+17.0%3.88%13F

FREEPORT MCMORAN INCHIST

FCX

$0.11B

0.3%1,769,625+153,186+9.5%0.12%13F

SPROTT ASSET MANAGEMENT LPHIST

PSLV

$0.11B

0.3%5,777,206(375,553)(6.1%)—13F

URANIUM ENERGY CORPHIST

UEC

$0.10B

0.3%9,829,329+354,545+3.7%1.98%13F

ALPHABET INCHIST

GOOGL

$0.09B

0.2%247,265+93,305+60.6%0.00%13F

UR-ENERGY INCHIST

URG

$0.07B

0.2%53,342,805+4,440,614+9.1%13.41%13F

MORGAN STANLEY ETF TRUSTHIST

EVTR

$0.07B

0.2%1,381,250+364,010+35.8%—13F

SCHWAB STRATEGIC TRHIST

FNDF

$0.07B

0.2%1,308,474+130,685+11.1%0.08%13F

VANGUARD TAX-MANAGED FDSHIST

VEA

$0.07B

0.2%931,616(226,585)(19.6%)1.57%13F

KINDER MORGAN INC DELHIST

KMI

$0.06B

0.2%1,970,735+241,569+14.0%0.09%13F

ONEOK INC NEWHIST

OKE

$0.06B

0.2%688,220+19,248+2.9%0.11%13F

MERCK & CO INCHIST

MRK

$0.06B

0.2%452,664+24,904+5.8%0.02%13F

ISHARES TRHIST

OEF

$0.06B

0.1%153,517+22,075+16.8%—13F

JOHNSON & JOHNSONHIST

JNJ

$0.05B

0.1%211,287+28,995+15.9%0.01%13F

APPLE INCHIST

AAPL

$0.05B

0.1%183,383+16,266+9.7%0.00%13F

NEWMONT CORPHIST

NEM

$0.05B

0.1%538,710(34,873)(6.1%)0.05%13F

TECK RESOURCES LTDHIST

TECK

$0.05B

0.1%818,733+21,057+2.6%—13F

TEXAS INSTRS INCHIST

TXN

$0.05B

0.1%160,886(50,079)(23.7%)0.02%13F

VANGUARD INDEX FDSHIST

$0.05B

0.1%152,155(1,235)(0.8%)0.26%13F

MICROSOFT CORPHIST

MSFT

$0.05B

0.1%120,652+7,160+6.3%0.00%13F

WILLIAMS COS INCHIST

WMB

$0.04B

0.1%592,053+72,722+14.0%0.05%13F

COMCAST CORP NEWHIST

CMCSA

$0.04B

0.1%1,760,394+252,932+16.8%0.09%13F

COEUR MNG INCHIST

CDE

$0.04B

0.1%2,629,420+442,474+20.2%0.26%13F

VISA INCHIST

$0.04B

0.1%121,761+5,137+4.4%0.03%13F

J P MORGAN EXCHANGE TRADED FHIST

JCPB

$0.04B

0.1%876,310+501,980+134.1%—13F

ENDEAVOUR SILVER CORPHIST

EXK

$0.04B

0.1%4,657,672(395,832)(7.8%)1.78%13F

MASTERCARD INCORPORATEDHIST

$0.04B

0.1%73,117+3,286+4.7%0.06%13F

ABBVIE INCHIST

ABBV

$0.04B

0.1%146,723+18,045+14.0%0.01%13F

WHEATON PRECIOUS METALS CORPHIST

WPM

$0.04B

0.1%322,149+653+0.2%0.07%13F

ALTRIA GROUP INCHIST

$0.04B

0.1%499,193+21,049+4.4%0.03%13F

ISHARES INCHIST

EMXC

$0.04B

0.1%346,465+83,815+31.9%—13F

TARGA RES CORPHIST

TRGP

$0.03B

0.1%129,928+1,401+1.1%0.06%13F

DT MIDSTREAM INCHIST

DTM

$0.03B

0.1%236,460+10,802+4.8%0.23%13F

CHENIERE ENERGY INCHIST

LNG

$0.03B

0.1%144,604+23,976+19.9%0.07%13F

ALBEMARLE CORPHIST

ALB

$0.03B

0.1%254,751+25,520+11.1%0.22%13F

CISCO SYS INCHIST

CSCO

$0.03B

0.1%291,854(16,591)(5.4%)0.01%13F

CHEVRON CORPORATIONHIST

CVX

$0.03B

0.1%206,164+72,272+54.0%0.01%13F

ACCENTURE PLC IRELANDHIST

ACN

$0.03B

0.1%274,364+24,320+9.7%0.04%13F

MP MATERIALS CORPHIST

$0.03B

0.1%605,838+224,576+58.9%0.34%13F

HOME DEPOT INCHIST

$0.03B

0.1%96,050+5,798+6.4%0.01%13F

AMAZON COM INCHIST

AMZN

$0.03B

0.1%141,489+84,008+146.1%0.00%13F

VERIZON COMMUNICATIONS INCHIST

$0.03B

0.1%796,272+103,825+15.0%0.02%13F

VANGUARD INTL EQUITY INDEX FHIST

VWO

$0.03B

0.1%562,686(5,005)(0.9%)0.95%13F

VANGUARD WORLD FDHIST

MGK

$0.03B

0.1%381,300+323,205+556.3%0.64%13F

SILVERCORP METALS INCHIST

SVM

$0.03B

0.1%3,310,225(1,159,932)(25.9%)1.52%13F

PRICE T ROWE GROUP INCHIST

TROW

$0.03B

0.1%288,331(44,163)(13.3%)0.14%13F

DOMINION ENERGY INCHIST

$0.03B

0.1%473,785+26,950+6.0%0.05%13F

BRISTOL-MYERS SQUIBB COHIST

BMY

$0.03B

0.1%558,264+73,879+15.3%0.03%13F

EDISON INTLHIST

EIX

$0.03B

0.1%429,384+36,222+9.2%0.11%13F

EVERSOURCE ENERGYHIST

$0.03B

0.1%441,320+55,802+14.5%0.12%13F

PAYCHEX INCHIST

PAYX

$0.03B

0.1%319,275(20,158)(5.9%)0.09%13F

SNAP ON INCHIST

SNA

$0.03B

0.1%77,500(2,108)(2.6%)0.15%13F

LOCKHEED MARTIN CORPHIST

LMT

$0.03B

0.1%61,165+13,099+27.3%0.03%13F

PLAINS GP HLDGS L PHIST

PAGP

$0.03B

0.1%1,270,121+21,497+1.7%0.64%13F

UNITED PARCEL SVCS INCHIST

UPS

$0.03B

0.1%286,544(7,670)(2.6%)0.04%13F

AMCOR PLCHIST

AMCR

$0.03B

0.1%708,938+59,567+9.2%0.15%13F

GENUINE PARTS COHIST

GPC

$0.03B

0.1%259,100+9,991+4.0%0.19%13F

EVERGY INCHIST

EVRG

$0.03B

0.1%352,276+10,751+3.1%0.15%13F

CONOCOPHILLIPSHIST

COP

$0.03B

0.1%291,416+68,898+31.0%0.02%13F

FIRSTENERGY CORPHIST

$0.03B

0.1%636,214+94,816+17.5%0.11%13F

SMURFIT WESTROCK PLCHIST

$0.03B

0.1%651,233(11,511)(1.7%)0.12%13F

KENVUE INCHIST

KVUE

$0.03B

0.1%1,575,452+17,844+1.1%0.08%13F

STARBUCKS CORPHIST

SBUX

$0.03B

0.1%293,679+6,380+2.2%0.03%13F

US BANCORPHIST

USB

$0.03B

0.1%494,779(44,592)(8.3%)—13F

WATSCO INCHIST

WSO

$0.03B

0.1%71,021(446)(0.6%)0.19%13F

T-MOBILE US INCHIST

TMUS

$0.03B

0.1%176,248+24,407+16.1%0.02%13F

INTERNATIONAL PAPER COHIST

$0.03B

0.1%774,303+67,146+9.5%0.15%13F

AT&T INCHIST

$0.03B

0.1%1,397,283+298,669+27.2%0.02%13F

CVS HEALTH CORPHIST

CVS

$0.03B

0.1%278,454(67,589)(19.5%)0.02%13F

AMERICAS GOLD AND SILVER CORHIST

USAS

$0.03B

0.1%5,993,265(891,717)(13.0%)1.87%13F

COMPANIA DE MINAS BUENAVENTUHIST

BVN

$0.03B

0.1%958,448+493,850+106.3%—13F

GENERAL MILLS INCHIST

GIS

$0.03B

0.1%799,407+121,457+17.9%0.15%13F

EOG RES INCHIST

EOG

$0.03B

0.1%213,525+8,816+4.3%0.04%13F

KRAFT HEINZ COHIST

KHC

$0.03B

0.1%1,165,566(1,081)(0.1%)0.10%13F

KEYCORPHIST

KEY

$0.03B

0.1%1,193,566(200,236)(14.4%)—13F

MCDONALDS CORPHIST

MCD

$0.03B

0.1%101,520+5,118+5.3%0.01%13F

PFIZER INCHIST

PFE

$0.03B

0.1%1,137,828+97,823+9.4%0.02%13F

VANGUARD BD INDEX FDSHIST

BND

$0.03B

0.1%372,601(749,333)(66.8%)0.63%13F

SOUTHERN COPPER CORPHIST

SCCO

$0.03B

0.1%156,373+18,169+13.1%0.02%13F

100

PRUDENTIAL FINL INCHIST

PRU

$0.03B

0.1%250,728(35,602)(12.4%)—13F

101

DARDEN RESTAURANTS INCHIST

DRI

$0.03B

0.1%130,801(1,850)(1.4%)0.12%13F

102

HEWLETT PACKARD ENTERPRISE CHIST

HPE

$0.03B

0.1%596,464(682,306)(53.4%)0.04%13F

103

TARGET CORPHIST

TGT

$0.03B

0.1%203,720(20,747)(9.2%)0.04%13F

104

OMNICOM GROUP INCHIST

OMC

$0.03B

0.1%363,824+25,228+7.5%—13F

105

TRUIST FINL CORPHIST

TFC

$0.03B

0.1%531,020(69,995)(11.6%)0.04%13F

106

HECLA MINING COMPANYHIST

$0.03B

0.1%1,713,430+1,126,825+192.1%0.26%13F

107

BEST BUY INCHIST

BBY

$0.03B

0.1%344,459(76,396)(18.2%)0.16%13F

108

FORD MTR COHIST

$0.03B

0.1%1,876,979(380,337)(16.8%)0.05%13F

109

MICROCHIP TECHNOLOGY INC.HIST

MCHP

$0.03B

0.1%283,721(141,536)(33.3%)0.05%13F

110

SOCIEDAD QUIMICA Y MINERA DEHIST

SQM

$0.03B

0.1%346,073+255,451+281.9%—13F

111

HP INCHIST

HPQ

$0.02B

0.1%1,067,682(323,902)(23.3%)—13F

112

ANTERO MIDSTREAM CORPHIST

$0.02B

0.1%1,014,764(69,137)(6.4%)0.21%13F

113

DOW HLDGS INCHIST

DOW

$0.02B

0.1%836,494+117,146+16.3%0.12%13F

114

LYONDELLBASELL INDUSTRIES NVHIST

LYB

$0.02B

0.1%431,375+67,025+18.4%0.13%13F

115

META PLATFORMS INCHIST

META

$0.02B

0.1%40,306+21,879+118.7%0.00%13F

116

TESLA INCHIST

TSLA

$0.02B

0.1%51,899+35,770+221.8%0.00%13F

117

TJX COS INC NEWHIST

TJX

$0.02B

0.1%142,832(2,595)(1.8%)0.01%13F

118

VIZSLA SILVER CORPHIST

VZLA

$0.02B

0.1%6,532,528(213,323)(3.2%)2.19%13F

119

EAGLE NUCLEAR ENERGY CORPHIST

NUCL

$0.02B

0.1%2,240,297+2,240,297NEW7.57%13F

120

PROCTER & GAMBLE COHIST

$0.02B

0.1%143,519+47,123+48.9%0.01%13F

121

ISHARES TRHIST

IJH

$0.02B

0.1%272,310(330)(0.1%)—13F

122

ICICI BANK LIMITEDHIST

IBN

$0.02B

0.1%702,445(248,830)(26.2%)—13F

123

TEXAS ROADHOUSE INCHIST

TXRH

$0.02B

0.1%102,361(6,498)(6.0%)0.16%13F

124

COCA COLA COHIST

$0.02B

0.1%239,530+92,589+63.0%—13F

125

EXXON MOBIL CORPHIST

XOM

$0.02B

0.1%141,498+135,047+2,093.4%0.00%13F

126

CHEMED CORP NEWHIST

CHE

$0.02B

0.0%40,795+996+2.5%0.31%13F

127

RADIAN GROUP INCHIST

RDN

$0.02B

0.0%502,912(10,406)(2.0%)0.38%13F

128

ESSENT GROUP LTDHIST

ESNT

$0.02B

0.0%292,315+8,653+3.1%0.33%13F

129

LITTELFUSE INCHIST

LFUS

$0.02B

0.0%40,785(5,238)(11.4%)—13F

130

WALMART INCHIST

WMT

$0.02B

0.0%163,940+104,584+176.2%0.00%13F

131

HUDBAY MINERALS INCHIST

HBM

$0.02B

0.0%785,051(83,661)(9.6%)0.20%13F

132

NATIONAL HEALTHCARE CORPHIST

NHC

$0.02B

0.0%87,660(70,180)(44.5%)0.56%13F

133

MGIC INVT CORP WISHIST

MTG

$0.02B

0.0%649,452+19,166+3.0%0.32%13F

134

LINCOLN ELEC HLDGS INCHIST

LECO

$0.02B

0.0%68,555(8,424)(10.9%)—13F

135

MARSH & MCLENNAN COS INCHIST

MRSH

$0.02B

0.0%108,804(1,991)(1.8%)0.02%13F

136

CATERPILLAR INCHIST

CAT

$0.02B

0.0%16,973+6,589+63.5%0.00%13F

137

DONALDSON INCHIST

DCI

$0.02B

0.0%201,083(21,976)(9.9%)0.17%13F

138

ITT INCHIST

ITT

$0.02B

0.0%90,450+2,611+3.0%0.10%13F

139

ELI LILLY & COHIST

LLY

$0.02B

0.0%14,911+9,581+179.8%0.00%13F

140

ROYALTY PHARMA PLCHIST

RPRX

$0.02B

0.0%315,335(181,347)(36.5%)0.08%13F

141

SEI INVTS COHIST

SEIC

$0.02B

0.0%201,072(12,820)(6.0%)0.17%13F

142

PRIMERICA INCHIST

PRI

$0.02B

0.0%61,605(4,821)(7.3%)0.20%13F

143

AVNET INCHIST

AVT

$0.02B

0.0%194,003(142,869)(42.4%)0.24%13F

144

NVIDIA CORPORATIONHIST

NVDA

$0.02B

0.0%85,567+26,108+43.9%0.00%13F

145

HARMONY GOLD MNG LTDHIST

HMY

$0.02B

0.0%1,124,267+987,698+723.2%0.18%13F

146

WESTERN UN COHIST

$0.02B

0.0%2,183,543+31,152+1.4%—13F

147

TD SYNNEX CORPORATIONHIST

SNX

$0.02B

0.0%62,792(56,842)(47.5%)0.08%13F

148

ALLISON TRANSMISSION HLDGS IHIST

ALSN

$0.02B

0.0%148,690(1,434)(1.0%)0.18%13F

149

GENTEX CORPHIST

GNTX

$0.02B

0.0%661,074+19,462+3.0%0.31%13F

150

SKYWORKS SOLUTIONS INCHIST

SWKS

$0.02B

0.0%246,000(10,828)(4.2%)0.16%13F

Positions are primarily from the latest 13F-HR. Rows marked Off-13F are >5% stakes disclosed in Schedule 13D/13G filings — they capture holdings (incl. recent or non-13F-eligible names) the quarterly 13F may omit; these report shares and percent of class but not dollar value, so value is shown only for 13F positions. Chg Shares is the absolute change vs the same position in the prior quarter's 13F. % Out is position shares ÷ issuer shares outstanding (from the issuer's latest XBRL cover-page figure; weighted-average basic shares as a fallback), or the percent of class reported on a 13D/13G. Where a figure can't be sourced from a filing it shows “—” — never an estimate.