SEC 13F Intelligence

Managers / Q3 2019 · view latest →

SL ADVISORS, LLC

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

Reported Value
$52M
Q3 2019
Positions
67
Filings on Record
43
2019–present window
Filed
Nov 5, 2019
original filing

Summary

Sl Advisors, LLC reported $52M in U.S.-listed holdings across 67 positions for Q3 2019.

Its largest position, Usai, represents 8.4% of the portfolio.

Compared with Q2 2019, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+0.8%
vs prior filed quarter
Top-10 Concentration
+47.7%
share of reported value
Largest Position
+8.4%
Usai

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: 59.4%MLP: 18.8%Other: 9.0%ETP: 7.5%Ltd Part: 2.6%Other: 2.7%
  • Common Stock · 59.4% · $31M
  • MLP · 18.8% · $10M
  • Other · 9.0% · $5M
  • ETP · 7.5% · $4M
  • Ltd Part · 2.6% · $1M
  • Other · 2.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLPXLPSOLD OUT−23.9K0−$1M$0
XLCXLCSOLD OUT−5.3K0−$262,000$0
PBAPBAADDED+5.5K12.9K+$204,000$478,000
TGETRIMMED−13.9K27.1K−$129,000$737,000
AMAMTRIMMED−11.8K30.6K−$259,000$227,000
WESWESTRIMMED−4.8K13.0K−$224,000$323,000
SEMGTRIMMED−12.1K40.6K+$31,000$664,000
AROCAROCTRIMMED−5.9K20.2K−$76,000$201,000

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

Holdings — Q3 2019

54 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USAIAMERN ENERGY8.40%$4M185.4K
2EPDEPDhistory →COM5.92%$3M107.4K
3OKEOKEhistory →COM5.15%$3M36.3K
4WMBWMBhistory →COM4.93%$3M106.3K
5KMIKMIhistory →COM4.65%$2M116.9K
6IWVIWVhistory →RUSSELL 3000 ETF4.46%$2M13.3K
7ETEThistory →COM UT LTD PTN3.90%$2M154.4K
8ENBENBhistory →COM3.76%$2M55.6K
9MMPCOM UNIT RP LP3.57%$2M27.9K
10CEQPUNIT LTD PARTNER2.97%$2M42.2K
11LNGLNGhistory →COM NEW2.58%$1M21.2K
12PAGPPAGPhistory →LTD PARTNR INT A2.57%$1M62.7K
13TRGPTRGPhistory →COM2.10%$1M27.1K
14IGSBIGSBhistory →SH TR CRPORT ETF1.97%$1M19.0K
15LMTLMThistory →COM1.89%$981,0002.5K
16NSUNIT COM1.80%$933,00032.9K
17RSGRSGhistory →COM1.79%$928,00010.7K
18BRK/BBRKBhistory →CL B NEW1.74%$900,0004.3K
19ENLCCOM UNIT REP LTD1.73%$896,000105.4K
20WMWMhistory →COM1.71%$885,0007.7K
21MKCMKChistory →COM NON VTG1.53%$794,0005.1K
22HSYHSYhistory →COM1.50%$777,0005.0K
23ENBENB CNhistory →COM1.49%$774,00022.1K
24ADPADPhistory →COM1.42%$738,0004.6K
25TGECLASS A SHS1.42%$737,00027.1K
26MCDMCDhistory →COM1.39%$722,0003.4K
27RTNCOM NEW1.29%$667,0003.4K
28SEMGCL A1.28%$664,00040.6K
29PGPGhistory →COM1.27%$661,0005.3K
30TRVTRVhistory →COM1.25%$647,0004.3K
31PEPPEPhistory →COM1.22%$634,0004.6K
32ECLECLhistory →COM1.21%$630,0003.2K
33JNJJNJhistory →COM1.13%$586,0004.5K
34KMBKMBhistory →COM1.07%$557,0003.9K
35SHYSHYhistory →1 3 YR TREAS BD1.06%$551,0006.5K
36KOKOhistory →COM1.01%$526,0009.7K
37BUDBUDSPONSORED ADR0.96%$498,0005.2K
38CLCLCOM0.93%$483,0006.6K
39PBAPBACOM0.92%$478,00012.9K
40SJMSJMCOM NEW0.84%$434,0003.9K
41TELLCOM0.81%$419,00050.4K
42GISGISCOM0.79%$410,0007.4K
43CLXCLXCOM0.77%$398,0002.6K
44KHCKHCCOM0.74%$383,00013.7K
45CAGCAGCOM0.69%$358,00011.7K
46KELKCOM0.64%$333,0005.2K
47ULSPON ADR NEW0.63%$329,0005.5K
48WESWESCOM UNIT LP INT0.62%$323,00013.0K
49LWLWCOM0.60%$313,0004.3K
50KDPKDPCOM0.56%$289,00010.6K
51ETRNCOM0.51%$267,00018.4K
52AMAMCOM0.44%$227,00030.6K
53AROCAROCCOM0.39%$201,00020.2K
54AMPAMPECOM0.01%$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 ↗.