Alps Advisors Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Alps Advisors Inc. reported 1,037 stock positions worth $21.3 billion. Its top holding was Energy Transfer (ET) at 7.8% of the portfolio, followed by Enterprise Products Partners (EPD, 7.7%) and Plains All Amer Pipeline (PAA, 7.7%). Compared with Q4 2025, it opened 155 new positions, sold out of 126, added to 425 and reduced 439. The biggest buy was MPLX (MPLX, shares +6202%) and the biggest sale Uranium Energy (UEC, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001376113
- Portfolio Value
- $21.3B (Q1 2026)
- SEC Filing
- 0001398344-26-008816 ↗ filed May 8, 2026
Holdings Value
Holdings 1,037 stocks · $21.3B
| ET Energy Transfer LP | 7.81% | 85,957,579 | $1.7B | Add +2.5% |
| EPD Enterprise Products Partners | 7.75% | 43,521,097 | $1.6B | Add +2.1% |
| PAA Plains All Amer Pipeline LP | 7.68% | 73,107,070 | $1.6B | Reduce -3.9% |
| SUN Sunoco LP | 7.54% | 24,671,391 | $1.6B | Reduce -0.7% |
| WES Western Midstream Partners L | 7.49% | 38,637,354 | $1.6B | Add +10.2% |
| MPLX MPLX LP | 7.27% | 27,070,962 | $1.5B | Add +6201.9% |
| HESM Hess Midstream LP Class A | 5.65% | 30,880,193 | $1.2B | Add +1.9% |
| CQP Cheniere Energy Partners LP | 2.89% | 9,512,213 | $614.8M | Add +1.9% |
| USAC USA Compression Partners LP | 2.43% | 19,072,413 | $517.2M | Add +7.5% |
| CCJ Cameco Corp. | 2.22% | 4,339,902 | $471.4M | Add +9.9% |
| GEL Genesis Energy L.P. | 2.18% | 25,925,546 | $462.3M | Add +4.1% |
| SPH Suburban Propane Partners LP | 1.42% | 15,375,574 | $302.7M | Add +2.2% |
| NXE Nexgen Energy Ltd. | 1.34% | 24,495,378 | $284.1M | Add +74.1% |
| GLP Global Partners LP | 1.20% | 6,043,985 | $254.5M | Add +0.7% |
| DKL Delek Logistics Partners LP | 1.07% | 4,575,667 | $227.7M | Add +1.9% |
| AG First Majestic Silver Corp. | 1.04% | 10,317,411 | $221.6M | Add +7.2% |
| DNN Denison Mines Corp. | 0.76% | 46,014,216 | $162.4M | Reduce -3.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.75% | 496,922 | $159.4M | Add +2.2% |
| UUUU Energy Fuels Inc. | 0.71% | 8,299,826 | $151.5M | Reduce -1.0% |
| PSLV Sprott Physical Silver Trust | 0.71% | 6,152,759 | $150.1M | Add +14.2% |
| UEC Uranium Energy Corp. | 0.60% | 9,474,784 | $127.9M | Reduce -45.7% |
| IVV iShares Core S&P 500 ETF | 0.55% | 180,459 | $117.9M | Add +4.7% |
| FCX Freeport-McMoran Inc. | 0.45% | 1,616,439 | $95.0M | Add +110.8% |
| BND Vanguard Total Bond Market | 0.39% | 1,121,934 | $82.6M | Reduce -12.2% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 1,158,201 | $74.2M | Reduce -13.7% |
| URG Ur-Energy Inc. | 0.34% | 48,902,191 | $72.9M | Add +11.6% |
| NEM Newmont Corp. | 0.29% | 573,583 | $62.1M | Add +1.8% |
| XLB SS Materials Select Sector | 0.29% | 1,232,826 | $61.6M | Add +5.8% |
| OKE Oneok Inc. | 0.28% | 668,972 | $60.5M | Add +0.2% |
| XLE SS Energy Select Sector | 0.28% | 976,586 | $59.8M | Reduce -18.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.28% | 1,297,165 | $59.5M | Add +4.5% |
| XLY SS Consumer Disc Select Sect | 0.28% | 537,572 | $58.6M | Add +23.9% |
| XLV SS Health Care Select Sector | 0.28% | 398,570 | $58.4M | Add +16.8% |
| XLP SS Consumer Staples Sel Sect | 0.27% | 712,504 | $58.4M | Add +6.1% |
| XLRE SS Real Estate Select Sector | 0.27% | 1,426,962 | $58.3M | Add +8.8% |
| XLF SS Financial Select Sector | 0.27% | 1,180,115 | $58.3M | Add +22.4% |
| KMI Kinder Morgan Inc. | 0.27% | 1,729,166 | $58.0M | Reduce -7.9% |
| XLI SS Industrial Select Sector | 0.27% | 358,233 | $57.9M | Add +5.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.27% | 1,177,789 | $57.6M | Add +4.1% |
| XLC SS Comm Select Sector SPDR | 0.27% | 516,116 | $57.2M | Add +13.7% |
| XLK SS Technology Select Sector | 0.27% | 428,104 | $56.9M | Add +17.1% |
| EVTR Eaton Vance Total Return | 0.24% | 1,017,240 | $51.6M | New |
| MRK Merck & Co. Inc. | 0.24% | 427,760 | $51.5M | Reduce -8.0% |
| ACN Accenture PLC Class A | 0.23% | 250,044 | $49.6M | Add +15.3% |
| SVM Silvercorp Metals Inc. | 0.23% | 4,470,157 | $48.0M | Add +18.7% |
| EXK Endeavour Silver Corp. | 0.22% | 5,053,504 | $47.0M | Add +21.9% |
| JNJ Johnson & Johnson | 0.21% | 182,292 | $44.6M | Reduce -6.7% |
| GOOGL Alphabet Inc. Class A | 0.21% | 153,960 | $44.3M | Reduce -9.2% |
| CMCSA Comcast Corp. Class A | 0.20% | 1,507,462 | $43.3M | Reduce -5.6% |
| AAPL Apple Inc. | 0.20% | 167,117 | $42.4M | Reduce -5.8% |
| WPM Wheaton Precious Metals Corp. | 0.20% | 321,496 | $42.1M | Add +7.3% |
| MSFT Microsoft Corp. | 0.20% | 113,492 | $42.0M | Reduce -5.1% |
| OEF iShares S&P 100 ETF | 0.20% | 131,442 | $41.8M | Add +0.9% |
| TECK Teck Resources Ltd.-CLS B | 0.19% | 797,676 | $41.3M | Add +115.3% |
| ALB Albemarle Corp. | 0.19% | 229,231 | $41.2M | Add +43.2% |
| CDE Coeur Mining Inc. | 0.19% | 2,186,946 | $41.0M | Add +147.2% |
| TXN Texas Instruments Inc. | 0.19% | 210,965 | $41.0M | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 153,390 | $40.2M | Reduce -11.2% |
| WMB Williams Cos Inc. | 0.18% | 519,331 | $37.8M | Add +8.0% |
| USAS Americas Gold and Silver Cor | 0.17% | 6,884,982 | $35.9M | Add +17.2% |
| V Visa Inc. Class A | 0.17% | 116,624 | $35.2M | Reduce -6.6% |
| MA Mastercard Inc. Class A | 0.16% | 69,831 | $34.9M | New |
| VZ Verizon Communications Inc. | 0.16% | 692,447 | $34.8M | Reduce -15.2% |
| LNG Cheniere Energy Inc. | 0.16% | 120,628 | $34.2M | Reduce -5.5% |
| TRGP Targa Resources Corp. | 0.15% | 128,527 | $32.2M | Reduce -2.9% |
| TMUS T-Mobile US Inc. | 0.15% | 151,841 | $31.9M | Reduce -5.6% |
| T AT&T Inc. | 0.15% | 1,098,614 | $31.8M | Reduce -5.3% |
| MO Altria Group Inc. | 0.15% | 478,144 | $31.6M | Reduce -8.7% |
| PAYX Paychex Inc. | 0.15% | 339,433 | $31.3M | Add +22.9% |
| VWO Vanguard Ftse Emerging Marke | 0.14% | 567,691 | $30.7M | Reduce -12.7% |
| HPE Hewlett Packard Enterprise | 0.14% | 1,278,770 | $30.4M | Add +14.7% |
| DTM DT Midstream Inc. | 0.14% | 225,658 | $30.4M | Add +12.0% |
| PAGP Plains GP Holdings LP | 0.14% | 1,248,624 | $30.3M | Add +2.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.14% | 332,494 | $30.0M | Add +20.1% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.14% | 719,348 | $30.0M | Reduce -31.3% |
| MCD McDonald's Corp. | 0.14% | 96,402 | $30.0M | New |
| HD Home Depot Inc. | 0.14% | 90,252 | $29.7M | Reduce -6.8% |
| EOG EOG Resources Inc. | 0.14% | 204,709 | $29.6M | Reduce -16.3% |
| BMY Bristol-Myers Squibb Co. | 0.14% | 484,385 | $29.4M | Reduce -7.0% |
| COP Conocophillips | 0.14% | 222,518 | $29.4M | Reduce -16.5% |
| LYB Lyondellbasell Indu Class A | 0.14% | 364,350 | $29.4M | Reduce -35.5% |
| PFE Pfizer Inc. | 0.14% | 1,040,005 | $29.2M | Reduce -0.2% |
| LMT Lockheed Martin Corp. | 0.14% | 48,066 | $29.1M | Reduce -20.0% |
| UPS United Parcel Service Class B | 0.14% | 294,214 | $28.9M | Add +7.6% |
| SNA Snap-on Inc. | 0.14% | 79,608 | $28.9M | Reduce -0.3% |
| EIX Edison International | 0.14% | 393,162 | $28.8M | Reduce -14.2% |
| USB US Bancorp | 0.13% | 539,371 | $28.1M | Add +9.0% |
| ABBV Abbvie Inc. | 0.13% | 128,678 | $28.0M | Add +5.7% |
| EVRG Evergy Inc. | 0.13% | 341,525 | $28.0M | Reduce -5.8% |
| PRU Prudential Financial Inc. | 0.13% | 286,330 | $28.0M | Add +33.5% |
| KEY Keycorp | 0.13% | 1,393,802 | $27.9M | Add +14.8% |
| CVX Chevron Corp. | 0.13% | 133,892 | $27.7M | Reduce -19.9% |
| TFC Truist Financial Corp. | 0.13% | 601,015 | $27.6M | Add +19.5% |
| D Dominion Energy Inc. | 0.13% | 446,835 | $27.6M | Add +1.0% |
| MCHP Microchip Technology Inc. | 0.13% | 425,257 | $27.5M | Add +13.9% |
| FE Firstenergy Corp. | 0.13% | 541,398 | $27.4M | Reduce -8.7% |
| TGT Target Corp. | 0.13% | 224,467 | $27.2M | Reduce -13.1% |
| BBY Best Buy Co. Inc. | 0.13% | 420,855 | $27.0M | Add +23.3% |
| KVUE Kenvue Inc. | 0.13% | 1,557,608 | $26.9M | Add +5.8% |
| HPQ HP Inc. | 0.13% | 1,391,584 | $26.7M | Add +37.3% |
Portfolio Sells Q4 2025 → Q1 2026
| UEC Uranium Energy Corp. | Reduce -45.7% | 0.60% | −0.59 |
| PAA Plains All Amer Pipeline LP | Reduce -3.9% | 7.68% | −0.27 |
| AU Anglogold Ashanti PLC | Reduce -63.8% | 0.09% | −0.18 |
| BND Vanguard Total Bond Market | Reduce -12.2% | 0.39% | −0.16 |
| RGLD Royal Gold Inc. | Reduce -90.9% | 0.01% | −0.15 |
| MSFT Microsoft Corp. | Reduce -5.1% | 0.20% | −0.14 |
| VEA Vanguard Ftse Developed ETF | Reduce -13.7% | 0.35% | −0.14 |
| HMY Harmony Gold MNG-Spon ADR | Reduce -88.1% | 0.01% | −0.12 |
| BSV Vanguard Short-Term Bond ETF | Reduce -59.2% | 0.06% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -9.2% | 0.21% | −0.10 |
| XCEM Columbia Em Core Ex-China | Sold out | 0.00% | −0.09 |
| NG Novagold Resources Inc. | Sold out | 0.00% | −0.09 |
| V Visa Inc. Class A | Reduce -6.6% | 0.17% | −0.09 |
| AAPL Apple Inc. | Reduce -5.8% | 0.20% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -5.6% | 0.20% | −0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -11.2% | 0.19% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -31.2% | 0.09% | −0.07 |
| USHY iShares Broad Usd High Yield | Reduce -66.3% | 0.02% | −0.06 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -81.4% | 0.01% | −0.06 |
| CTSH Cognizant Tech Solutions-A | Reduce -1.3% | 0.09% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -12.7% | 0.14% | −0.06 |
| ABT Abbott Laboratories | Reduce -8.4% | 0.08% | −0.05 |
| HD Home Depot Inc. | Reduce -6.8% | 0.14% | −0.05 |
| SUN Sunoco LP | Reduce -0.7% | 7.54% | −0.04 |
| HRB H&R Block Inc. | Reduce -4.9% | 0.06% | −0.04 |
| TGNA Tegna Inc. | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -8.0% | 0.24% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -5.6% | 0.15% | −0.04 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -33.8% | 0.05% | −0.04 |
| DOX Amdocs Ltd. | Reduce -4.6% | 0.07% | −0.04 |
| VGIT Vanguard Intermediate-Term T | Reduce -73.9% | 0.01% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -17.6% | 0.05% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -6.7% | 0.11% | −0.04 |
| SA Seabridge Gold Inc. | Reduce -18.8% | 0.06% | −0.04 |
| MTG Mgic Investment Corp. | Reduce -4.6% | 0.08% | −0.03 |
| ESNT Essent Group Ltd. | Reduce -4.6% | 0.08% | −0.03 |
| SWKS Skyworks Solutions Inc. | Reduce -4.3% | 0.06% | −0.03 |
| SBUX Starbucks Corp. | Reduce -9.4% | 0.12% | −0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -50.1% | 0.02% | −0.03 |
| WU Western Union Co. | Reduce -4.7% | 0.09% | −0.03 |
| HLI Houlihan Lokey Inc. | Reduce -3.7% | 0.06% | −0.03 |
| CHE Chemed Corp. | Reduce -4.6% | 0.07% | −0.03 |
| RDN Radian Group Inc. | Reduce -4.6% | 0.08% | −0.03 |
| RFDA Alps Dynamic US Dividend Adv | Reduce -23.9% | 0.05% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -20.0% | 0.14% | −0.03 |
| DCI Donaldson Co. Inc. | Reduce -4.6% | 0.09% | −0.03 |
| XLE SS Energy Select Sector | Reduce -18.5% | 0.28% | −0.03 |
| TJX TJX Companies Inc. | Reduce -6.8% | 0.11% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -15.2% | 0.16% | −0.03 |
| TXRH Texas Roadhouse Inc. | Reduce -6.9% | 0.08% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| MPLX MPLX LP | Add +6201.9% | 7.27% | +7.14 |
| NXE Nexgen Energy Ltd. | Add +74.1% | 1.34% | +0.58 |
| EVTR Eaton Vance Total Return | New | 0.24% | +0.24 |
| FCX Freeport-McMoran Inc. | Add +110.8% | 0.45% | +0.22 |
| MA Mastercard Inc. Class A | New | 0.16% | +0.16 |
| MCD McDonald's Corp. | New | 0.14% | +0.14 |
| CCJ Cameco Corp. | Add +9.9% | 2.22% | +0.11 |
| AG First Majestic Silver Corp. | Add +7.2% | 1.04% | +0.11 |
| CDE Coeur Mining Inc. | Add +147.2% | 0.19% | +0.10 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.10% | +0.10 |
| TECK Teck Resources Ltd.-CLS B | Add +115.3% | 0.19% | +0.09 |
| MRSH Marsh & McLennan Cos | New | 0.09% | +0.09 |
| JCPB JPMorgan Core Plus Bond ETF | New | 0.08% | +0.08 |
| ALB Albemarle Corp. | Add +43.2% | 0.19% | +0.06 |
| MSA Msa Safety Inc. | New | 0.06% | +0.06 |
| USAC USA Compression Partners LP | Add +7.5% | 2.43% | +0.06 |
| SCCO Southern Copper Corp. | Add +103.6% | 0.11% | +0.06 |
| SVM Silvercorp Metals Inc. | Add +18.7% | 0.23% | +0.04 |
| MUX McEwen Inc. | New | 0.04% | +0.04 |
| HBM Hudbay Minerals Inc. | Add +112.6% | 0.09% | +0.04 |
| TASEKO MINES LTD | Add +157.9% | 0.06% | +0.04 |
| BVN Cia DE Minas Buenaventur-ADR | Add +61.5% | 0.08% | +0.03 |
| MP MP Materials Corp. | Add +89.2% | 0.09% | +0.03 |
| MSCI MSCI Inc. | New | 0.02% | +0.02 |
| WTTR Select Water Solutions Inc. | New | 0.02% | +0.02 |
| MKTX Marketaxess Holdings Inc. | New | 0.02% | +0.02 |
| LAR Lithium Argentina AG | Add +134.6% | 0.03% | +0.02 |
| TMQ Trilogy Metals Inc. | Add +175.9% | 0.03% | +0.01 |
| IE Ivanhoe Electric Inc. / US | Add +167.7% | 0.04% | +0.01 |
| NGL NGL Energy Partners LP | New | 0.01% | +0.01 |
| NUE Nucor Corp. | New | 0.01% | +0.01 |
| STLD Steel Dynamics Inc. | New | 0.01% | +0.01 |
| XFIV Bondbloxx BBG 5 YR US Treas | New | 0.01% | +0.01 |
| RS Reliance Inc. | New | 0.01% | +0.01 |
| MELI MercadoLibre Inc. | New | 0.01% | +0.01 |
| SQM Quimica Y Minera Chil-SP ADR | Add +55.1% | 0.03% | +0.01 |
| PAAS Pan American Silver Corp. | Add +32.6% | 0.09% | +0.01 |
| NXST Nexstar Media Group Inc. | Add +64.6% | 0.06% | +0.01 |
| INDA iShares MSCI India ETF | Add +346.7% | 0.01% | +0.01 |
| WMB Williams Cos Inc. | Add +8.0% | 0.18% | +0.01 |
| NEWP New Pacific Metals Corp. | Add +18.3% | 0.07% | +0.01 |
| ERO Ero Copper Corp. | Add +159.3% | 0.01% | +0.01 |
| ENFR Alerian Energy Infrastructur | New | 0.01% | +0.01 |
| MTZ Mastec Inc. | New | 0.01% | +0.01 |
| Q Qnity Electronics Inc. | New | 0.01% | +0.01 |
| AMPX Amprius Technologies Inc. | Add +13.8% | 0.01% | +0.01 |
| PAGP Plains GP Holdings LP | Add +2.1% | 0.14% | +0.01 |
| AQN Algonquin Power & Utilities | New | 0.01% | +0.01 |
| ECG Everus Construction Group | Add +179.2% | 0.01% | +0.01 |
| POWL Powell Industries Inc. | Add +125.5% | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,170 | $21.3B | ET, SUN, MPLX, EPD, WES |
| Q1 2026 | 1,037 | $21.3B | ET, EPD, PAA, SUN, WES |
| Q4 2025 | 1,008 | $17.2B | WES, ET, EPD, PAA, SUN |
| Q3 2025 | 1,019 | $18.0B | WES, ET, EPD, MPLX, PAA |
| Q2 2025 | 1,025 | $17.3B | PAA, ET, MPLX, WES, EPD |
| Q1 2025 | 990 | $17.2B | EPD, ET, WES, MPLX, PAA |
| Q4 2024 | 990 | $15.8B | ET, MPLX, EPD, WES, PAA |
| Q3 2024 | 993 | $14.9B | MPLX, ET, EPD, PAA, WES |
| Q2 2024 | 968 | $14.6B | ET, PAA, MPLX, EPD, WES |
| Q1 2024 | 973 | $14.1B | EPD, ET, PAA, WES, MPLX |