SEC 13F Intelligence

Managers / Q4 2019 · view latest →

SL ADVISORS, LLC

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

Reported Value
$40M
Q4 2019
Positions
48
Filings on Record
43
2019–present window
Filed
Jan 28, 2020
original filing

Summary

Sl Advisors, LLC reported $40M in U.S.-listed holdings across 48 positions for Q4 2019.

Its largest position, IWV, represents 6.2% of the portfolio.

Compared with Q3 2019, the fund opened 2 new positions and exited 7.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+44.9%
share of reported value
Largest Position
+6.2%
Ishares Russell 3000 Etf
New / Exited
2 / 7
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: 64.1%MLP: 17.2%ETP: 14.5%Ltd Part: 1.3%ADR: 1.1%Other: 1.8%
  • Common Stock · 64.1% · $26M
  • MLP · 17.2% · $7M
  • ETP · 14.5% · $6M
  • Ltd Part · 1.3% · $531,000
  • ADR · 1.1% · $427,000
  • Other · 1.8% · $729,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLPSPDR FUND CONSUMER STAPLES ETFNEW+23.9K23.9K+$2M$2M
XLCCOMMUNICAT SVS SLCT SEC SPDR ETFNEW+5.3K5.3K+$285,000$285,000
PBAPEMBINA PIPELINE CO FADDED+13.6K26.5K+$505,000$983,000
USAISOLD OUT−185.4K0−$4M$0
TGESOLD OUT−27.1K0−$737,000$0
SEMGSOLD OUT−40.6K0−$664,000$0
ETRNSOLD OUT−18.4K0−$267,000$0
AMAMSOLD OUT−30.6K0−$227,000$0

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

Holdings — Q4 2019

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IWVISHARES RUSSELL 3000 ETFhistory →RUSSELL 3000 ETF6.19%$3M13.3K
2EPDENTERPRISE PRODS PART LPhistory →COM5.53%$2M79.5K
3ENBENBRIDGE INC Fhistory →COM5.21%$2M53.0K
4WMBWILLIAMS COMPANIEShistory →COM5.01%$2M85.5K
5OKEONEOK INChistory →COM4.60%$2M24.6K
6ETENERGY TRANSFER LPhistory →COM UT LTD PTN4.30%$2M135.8K
7KMIKINDER MORGAN INChistory →COM3.88%$2M74.2K
8XLPSPDR FUND CONSUMER STAPLES ETFhistory →SBI CONS STPLS3.72%$2M23.9K
9MAGELLAN MIDSTREAM PA LPCOM UNIT RP LP3.62%$1M23.3K
10LNGCHENIERE ENERGY INChistory →COM NEW2.80%$1M18.5K
11IGSBISHARES SHORT-TERM CORPORATE BOND EThistory →SH TR CRPORT ETF2.52%$1M19.0K
12PBAPEMBINA PIPELINE CO Fhistory →COM2.43%$983,00026.5K
13BRK/BBERKSHIRE HATHAWAY CLASS Bhistory →CL B NEW2.42%$980,0004.3K
14LMTLOCKHEED MARTIN CORPhistory →COM2.39%$967,0002.5K
15RSGREPUBLIC SERVICEShistory →COM2.34%$949,00010.6K
16WMWASTE MANAGEMENT INChistory →COM2.15%$870,0007.6K
17MKCMC CORMICK & CO INChistory →COM NON VTG2.11%$856,0005.0K
18TRGPTARGA RESOURCES CORPhistory →COM2.11%$855,00020.9K
19NUSTAR ENERGY LP LPUNIT COM2.07%$836,00032.3K
20ADPAUTO DATA PROCESSINGhistory →COM1.91%$774,0004.5K
21RAYTHEON COCOM NEW1.83%$741,0003.4K
22HSYHERSHEY COhistory →COM1.81%$731,0005.0K
23MCDMC DONALDS CORPhistory →COM1.63%$660,0003.3K
24PGPROCTER & GAMBLEhistory →COM1.63%$660,0005.3K
25JNJJOHNSON & JOHNSONhistory →COM1.62%$656,0004.5K
26PEPPEPSICO INChistory →COM1.55%$628,0004.6K
27ECLECOLAB INChistory →COM1.51%$611,0003.2K
28TRVTRAVELERS COMPANIEShistory →COM1.46%$592,0004.3K
29SHYISHARES 1-3 YEAR TREASRYBOND ETFhistory →1 3 YR TREAS BD1.36%$550,0006.5K
30KMBKIMBERLY-CLARK CORPhistory →COM1.32%$536,0003.9K
31KOTHE COCA-COLA COhistory →COM1.31%$531,0009.6K
32PAGPPLAINS GP HLDGShistory →LTD PARTNR INT A1.31%$531,00028.0K
33CRESTWOOD EQUITY PART LPUNIT LTD PARTNER1.11%$451,00014.6K
34CLCOLGATE-PALMOLIVE COhistory →COM1.11%$450,0006.5K
35KHCKRAFT HEINZ COhistory →COM1.08%$438,00013.6K
36BUDANHEUSER BUSCH INBEV S FSPONSORED ADR 1 ADR REPS 1 ORD SHShistory →SPONSORED ADR1.05%$427,0005.2K
37ENLINK MIDSTREAM L L CCOM UNIT REP LTD1.04%$420,00068.5K
38SJMJ M SMUCKER COhistory →COM NEW1.01%$409,0003.9K
39CLXCLOROX COCOM0.98%$398,0002.6K
40CAGCONAGRA BRANDS INCCOM0.98%$397,00011.6K
41GISGENERAL MILLS INCCOM0.98%$395,0007.4K
42LWLAMB WESTON HOLDINGS INCCOM0.91%$368,0004.3K
43KELKELLOGG COCOM0.88%$355,0005.1K
44UNILEVER PLC FSPONSORED ADR 1 ADR REPS 1 ORD SHSSPON ADR NEW0.76%$309,0005.4K
45KDPKEURIG DR PEPPER INCCOM0.75%$304,00010.5K
46XLCCOMMUNICAT SVS SLCT SEC SPDR ETFCOMMUNICATION0.70%$285,0005.3K
47WESWESTERN MIDSTREAM PAR LPCOM UNIT LP INT0.56%$227,00011.5K
48TELLURIAN INVESTMENTS INCOM0.43%$173,00023.7K

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 1 additional manager.

  • CATALYST CAPITAL ADVISORS LLC028-14953

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 ↗.