SEC 13F Intelligence

Managers / Q2 2019 · view latest →

SL ADVISORS, LLC

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

Reported Value
$58M
Q2 2019
Positions
74
Filings on Record
43
2019–present window
Filed
Jul 25, 2019
original filing

Summary

Sl Advisors, LLC reported $58M in U.S.-listed holdings across 74 positions for Q2 2019.

Its largest position, Usai, represents 7.8% of the portfolio.

Compared with Q1 2019, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+46.1%
share of reported value
Largest Position
+7.8%
Usai
New / Exited
2 / 2
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: 57.7%MLP: 18.6%ETP: 9.5%Other: 8.5%Ltd Part: 2.9%Other: 2.7%
  • Common Stock · 57.7% · $33M
  • MLP · 18.6% · $11M
  • ETP · 9.5% · $6M
  • Other · 8.5% · $5M
  • Ltd Part · 2.9% · $2M
  • Other · 2.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KDPKDPNEW+11.3K11.3K+$328,000$328,000
PBAPBANEW+7.4K7.4K+$274,000$274,000
TRP.TOSOLD OUT−43.8K0−$2M$0
MPLXMPLXSOLD OUT−9.2K0−$301,000$0
AROCAROCTRIMMED−18.1K26.1K−$155,000$277,000
KHCKHCADDED+4.1K14.6K+$110,000$452,000
ETRNTRIMMED−10.6K17.4K−$267,000$343,000
AMAMTRIMMED−12.1K42.4K−$265,000$486,000

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

Holdings — Q2 2019

56 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USAIAMERN ENERGY7.81%$5M185.7K
2EPDEPDhistory →COM5.53%$3M110.7K
3WMBWMBhistory →COM5.21%$3M107.4K
4OKEOKEhistory →COM4.78%$3M40.2K
5KMIKMIhistory →COM4.59%$3M127.0K
6IWVIWVhistory →RUSSELL 3000 ETF3.97%$2M13.3K
7ETEThistory →COM UT LTD PTN3.86%$2M157.3K
8ENBENBhistory →COM3.76%$2M60.1K
9CEQPUNIT LTD PARTNER3.36%$2M54.3K
10MMPCOM UNIT RP LP3.21%$2M29.0K
11PAGPPAGPhistory →LTD PARTNR INT A2.87%$2M66.3K
12LNGLNGhistory →COM NEW2.56%$1M21.6K
13XLPXLPhistory →SBI CONS STPLS2.40%$1M23.9K
14TRGPTRGPhistory →COM1.95%$1M28.7K
15ENLCCOM UNIT REP LTD1.86%$1M106.4K
16RSGRSGhistory →COM1.80%$1M12.0K
17IGSBIGSBhistory →SH TR CRPORT ETF1.76%$1M19.0K
18WMWMhistory →COM1.74%$1M8.7K
19LMTLMThistory →COM1.73%$1M2.8K
20NSUNIT COM1.71%$986,00036.3K
21BRK/BBRKBhistory →CL B NEW1.55%$897,0004.2K
22MKCMKChistory →COM NON VTG1.53%$886,0005.7K
23TGECLASS A SHS1.50%$866,00041.0K
24ADPADPhistory →COM1.46%$844,0005.1K
25ENBENB CNhistory →COM1.39%$803,00022.2K
26MCDMCDhistory →COM1.36%$786,0003.8K
27HSYHSYhistory →COM1.28%$741,0005.5K
28TRVTRVhistory →COM1.25%$720,0004.8K
29ECLECLhistory →COM1.24%$714,0003.6K
30PEPPEPhistory →COM1.16%$671,0005.1K
31JNJJNJhistory →COM1.14%$659,0004.7K
32PGPGhistory →COM1.10%$637,0005.8K
33SEMGCL A1.10%$633,00052.8K
34RTNCOM NEW1.08%$625,0003.6K
35KMBKMBCOM0.99%$574,0004.3K
36SHYSHY1 3 YR TREAS BD0.95%$551,0006.5K
37WESWESCOM UNIT LP INT0.95%$547,00017.8K
38KOKOCOM0.94%$544,00010.7K
39CLCLCOM0.89%$516,0007.2K
40BUDBUDSPONSORED ADR0.89%$512,0005.8K
41SJMSJMCOM NEW0.87%$501,0004.3K
42AMAMCOM0.84%$486,00042.4K
43CLXCLXCOM0.82%$471,0003.1K
44TELLCOM0.79%$459,00058.4K
45KHCKHCCOM0.78%$452,00014.6K
46GISGISCOM0.75%$434,0008.3K
47ULSPON ADR NEW0.70%$402,0006.5K
48CAGCAGCOM0.59%$343,00012.9K
49ETRNCOM0.59%$343,00017.4K
50KDPKDPCOM0.57%$328,00011.3K
51KELKCOM0.54%$312,0005.8K
52LWLWCOM0.52%$299,0004.7K
53AROCAROCCOM0.48%$277,00026.1K
54PBAPBACOM0.47%$274,0007.4K
55XLCXLCCOMMUNICATION0.45%$262,0005.3K
56AMPAMPECOM0.01%$4,00010.0K

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 ↗.