SEC 13F Intelligence

Managers / Q1 2019 · view latest →

SL ADVISORS, LLC

CIK 0001680365 · 630 MOORING LINE DRIVE, NAPLES, FL, 34102-4749 · 908-205-2955

Reported Value
$65M
Q1 2019
Positions
75
Filings on Record
43
2019–present window
Filed
Apr 9, 2019
original filing

Summary

Sl Advisors, LLC reported $65M in U.S.-listed holdings across 75 positions for Q1 2019.

Its largest position, Usai, represents 7.1% of the portfolio.

Compared with Q4 2018, the fund opened 3 new positions and exited 4.

Portfolio Metrics

Turnover
+1.7%
vs prior filed quarter
Top-10 Concentration
+45.5%
share of reported value
Largest Position
+7.1%
Usai
New / Exited
3 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $49MQ4 ’18Q1 ’19: $65MQ2 ’19: $58MQ3 ’19: $52MQ4 ’19: $40MQ4 ’19Q1 ’20: $23MQ2 ’20: $26MQ3 ’20: $27MQ4 ’20: $31MQ4 ’20Q1 ’21: $33MQ2 ’21: $39MQ3 ’21: $40MQ4 ’21: $41MQ4 ’21Q1 ’22: $49MQ2 ’22: $42MQ3 ’22: $40MQ4 ’22: $45MQ4 ’22Q1 ’23: $47MQ2 ’23: $44MQ3 ’23: $74MQ4 ’23: $46MQ4 ’23Q1 ’24: $51MQ2 ’24: $51MQ3 ’24: $56MQ4 ’24: $60MQ4 ’24Q1 ’25: $57MQ2 ’25: $56MQ3 ’25: $51MQ4 ’25: $49MQ4 ’25Q1 ’26: $59Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 56.1%MLP: 18.9%Other: 10.7%ETP: 8.4%Ltd Part: 2.9%Other: 3.1%
  • Common Stock · 56.1% · $36M
  • MLP · 18.9% · $12M
  • Other · 10.7% · $7M
  • ETP · 8.4% · $5M
  • Ltd Part · 2.9% · $2M
  • Other · 3.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMAMNEW+54.5K54.5K+$751,000$751,000
WESWESNEW+20.2K20.2K+$632,000$632,000
MPLXMPLXNEW+9.2K9.2K+$301,000$301,000
ETRNADDED+15.0K28.0K+$349,000$610,000
WGPSOLD OUT−1.3K0−$358,000$0
MICSOLD OUT−6.2K0−$228,000$0
AMGPSOLD OUT−14.8K0−$166,000$0
WGPSOLD OUT−12.9K0−$36,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

57 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USAIAMERN ENERGY7.08%$5M183.6K
2EPDEPDhistory →COM5.71%$4M127.0K
3WMBWMBhistory →COM5.59%$4M125.9K
4OKEOKEhistory →COM5.25%$3M48.7K
5KMIKMIhistory →COM4.87%$3M157.4K
6ETEThistory →COM UT LTD PTN4.19%$3M176.3K
7IWVIWVhistory →RUSSELL 3000 ETF3.43%$2M13.3K
8ENBENBhistory →COM3.40%$2M60.7K
9CEQPUNIT LTD PARTNER2.99%$2M55.0K
10MMPCOM UNIT RP LP2.96%$2M31.6K
11PAGPPAGPhistory →LTD PARTNR INT A2.91%$2M75.4K
12LNGLNGhistory →COM NEW2.76%$2M26.1K
13ENLCCOM UNIT REP LTD2.38%$2M120.3K
14TRGPTRGPhistory →COM2.26%$1M35.2K
15XLPXLPhistory →SBI CONS STPLS2.15%$1M24.8K
16TRP.TOCOM2.08%$1M30.0K
17ENBENB.TOhistory →COM2.07%$1M37.0K
18TGECLASS A SHS1.85%$1M47.6K
19NSUNIT COM1.56%$1M37.6K
20IGSBIGSBhistory →SH TR CRPORT ETF1.55%$1M19.0K
21RSGRSGhistory →COM1.48%$960,00012.0K
22WMWMhistory →COM1.39%$900,0008.7K
23SEMGCL A1.34%$869,00059.1K
24MKCMKChistory →COM NON VTG1.33%$860,0005.7K
25BRK/BBRKBhistory →CL B NEW1.31%$845,0004.2K
26ADPADPhistory →COM1.26%$813,0005.1K
27LMTLMThistory →COM1.26%$813,0002.7K
28TELLCOM1.22%$791,00070.7K
29AMAMhistory →COM1.16%$751,00054.5K
30MCDMCDhistory →COM1.11%$715,0003.8K
31JNJJNJhistory →COM1.02%$662,0004.7K
32TRVTRVhistory →COM1.02%$661,0004.8K
33ECLECLCOM0.98%$637,0003.6K
34HSYHSYCOM0.98%$635,0005.5K
35WESWESCOM UNIT LP INT0.98%$632,00020.2K
36PEPPEPCOM0.97%$627,0005.1K
37TRPCOM0.96%$620,00013.8K
38ETRNCOM0.94%$610,00028.0K
39PGPGCOM0.94%$605,0005.8K
40RTNCOM NEW0.89%$577,0003.2K
41SHYSHY1 3 YR TREAS BD0.84%$546,0006.5K
42KMBKMBCOM0.83%$535,0004.3K
43SJMSJMCOM NEW0.78%$507,0004.4K
44KOKOCOM0.77%$501,00010.7K
45CLCLCOM0.77%$495,0007.2K
46CLXCLXCOM0.75%$485,0003.0K
47BUDBUDSPONSORED ADR0.75%$485,0005.8K
48AROCAROCCOM0.67%$432,00044.3K
49GISGISCOM0.66%$428,0008.3K
50ULSPON ADR NEW0.57%$367,0006.4K
51CAGCAGCOM0.56%$359,00013.0K
52LWLWCOM0.55%$354,0004.7K
53KHCKHCCOM0.53%$342,00010.5K
54KELKCOM0.52%$334,0005.8K
55MPLXMPLXCOM UNIT REP LTD0.47%$301,0009.2K
56XLCXLCCOMMUNICATION0.40%$258,0005.5K
57AMPAMPECOM0.01%$5,00010.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$59M32Apr 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$49M32Jan 8, 202613F-HRchanges · EDGAR ↗
Q3 2025$51M31Oct 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$56M31Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$57M32Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$60M35Jan 8, 202513F-HRchanges · EDGAR ↗
Q3 2024$56M47Oct 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$51M32Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$51M39May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$46M41Jan 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$74M43Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$44M46Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$47M50Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$45M51Jan 18, 202313F-HRchanges · EDGAR ↗
Q3 2022$40M45Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$42M47Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$49M46Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$41M47Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$40M49Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$39M50Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$33M50Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$31M49Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$27M45Oct 14, 202013F-HRchanges · EDGAR ↗
Q2 2020$26M43Jul 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$23M44Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$40M48Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$52M67Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$58M74Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$65M75Apr 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$49M74Jan 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Catalyst Capital Advisors LLC028-14953
  • Penserra Capital Management LLC028-17117

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.