SEC 13F Intelligence

Managers / Q4 2022 · view latest →

SL ADVISORS, LLC

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

Reported Value
$45M
Q4 2022
Positions
51
Filings on Record
43
2019–present window
Filed
Jan 18, 2023
original filing

Summary

Sl Advisors, LLC reported $45M in U.S.-listed holdings across 51 positions for Q4 2022.

Its largest position, ET, represents 10.3% of the portfolio.

Compared with Q3 2022, the fund opened 6 new positions and exited 0.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+56.5%
share of reported value
Largest Position
+10.3%
Energy Transfer L P

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: 60.8%MLP: 20.3%ETP: 15.5%Unit: 1.9%Ltd Part: 0.5%Other: 1.0%
  • Common Stock · 60.8% · $27M
  • MLP · 20.3% · $9M
  • ETP · 15.5% · $7M
  • Unit · 1.9% · $839,069
  • Ltd Part · 0.5% · $247,121
  • Other · 1.0% · $435,999

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRPTC ENERGY CORPNEW+22.0K22.0K+$877,319$877,319
BUDANHEUSER BUSCH INBEV SA/NVNEW+3.8K3.8K+$227,852$227,852
MRKMERCK & CO INCNEW+2.0K2.0K+$223,231$223,231
CLCOLGATE PALMOLIVE CONEW+2.7K2.7K+$213,048$213,048
UNILEVER PLCNEW+4.1K4.1K+$208,147$208,147
INVESCO EXCH TRADED FD TR IINEW+3.2K3.2K+$202,819$202,819
EQUITRANS MIDSTREAM CORPADDED+18.6K54.8K+$96,361$367,361
KMBKIMBERLY-CLARK CORPTRIMMED−2391.6K+$9,485$214,485

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

Holdings — Q4 2022

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ETENERGY TRANSFER L Phistory →COM UT LTD PTN10.28%$5M391.3K
2IWVISHARES TRRUSSELL 3000 ETF · ISHS 1-5YR INVS · MSCI USA ESG SLC · ESG AWR MSCI USA7.52%$3M34.1K
3SPYSPDR S&P 500 ETF TRhistory →TR UNIT6.67%$3M7.9K
4LNGCHENIERE ENERGY INChistory →COM NEW6.01%$3M18.1K
5WMBWILLIAMS COS INChistory →COM5.57%$3M76.5K
6NEXTNEXTDECADE CORPhistory →COM4.88%$2M445.9K
7TRGPTARGA RES CORPhistory →COM4.01%$2M24.6K
8EPDENTERPRISE PRODS PARTNERS Lhistory →COM3.99%$2M74.6K
9OKEONEOK INC NEWhistory →COM3.83%$2M26.3K
10BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.79%$2M5.5K
11ENBENBRIDGE INChistory →COM3.75%$2M43.3K
12MAGELLAN MIDSTREAM PRTNRS LPCOM UNIT RP LP2.43%$1M21.8K
13KMIKINDER MORGAN INC DELhistory →COM2.40%$1M60.0K
14PBAPEMBINA PIPELINE CORPhistory →COM2.05%$924,90027.2K
15TRPTC ENERGY CORPhistory →COM1.94%$877,31922.0K
16ENLINK MIDSTREAM LLCCOM UNIT REP LTD1.86%$839,06968.2K
17LMTLOCKHEED MARTIN CORPhistory →COM1.80%$810,9791.7K
18NUSTAR ENERGY LPUNIT COM1.72%$779,05648.7K
19RSGREPUBLIC SVCS INChistory →COM1.67%$755,6235.9K
20ADPAUTOMATIC DATA PROCESSING INhistory →COM1.65%$747,1543.1K
21WMWASTE MGMT INC DELhistory →COM1.37%$620,7744.0K
22HSYHERSHEY COhistory →COM1.36%$616,2082.7K
23RTXRAYTHEON TECHNOLOGIES CORPhistory →COM1.35%$608,2456.0K
24XLPSELECT SECTOR SPDR TRhistory →SBI CONS STPLS1.31%$593,9928.0K
25MCDMCDONALDS CORPhistory →COM1.23%$556,8392.1K
26CRESTWOOD EQUITY PARTNERS LPUNIT LTD PARTNER1.18%$531,44720.3K
27JNJJOHNSON & JOHNSONhistory →COM1.05%$474,3052.7K
28PEPPEPSICO INChistory →COM1.00%$452,9152.5K
29PGPROCTER AND GAMBLE COCOM0.99%$446,3442.9K
30EQUITRANS MIDSTREAM CORPCOM0.81%$367,36154.8K
31MKCMCCORMICK & CO INCCOM NON VTG0.81%$367,2034.4K
32KOCOCA COLA COCOM0.78%$351,8915.5K
33WESWESTERN MIDSTREAM PARTNERS LCOM UNIT LP INT0.72%$324,24112.1K
34LWLAMB WESTON HLDGS INCCOM0.70%$316,4243.5K
35QSRRESTAURANT BRANDS INTL INCCOM0.69%$309,7054.8K
36SJMSMUCKER J M COCOM NEW0.61%$274,1361.7K
37KDPKEURIG DR PEPPER INCCOM0.60%$270,3387.6K
38KHCKRAFT HEINZ COCOM0.58%$260,2186.4K
39ECLECOLAB INCCOM0.56%$252,6921.7K
40CAGCONAGRA BRANDS INCCOM0.55%$248,4546.4K
41PAGPPLAINS GP HLDGS L PLTD PARTNR INT A0.55%$247,12119.9K
42CLXCLOROX CO DELCOM0.54%$244,7361.7K
43BUDANHEUSER BUSCH INBEV SA/NVSPONSORED ADR0.50%$227,8523.8K
44MRKMERCK & CO INCCOM0.49%$223,2312.0K
45KMBKIMBERLY-CLARK CORPCOM0.47%$214,4851.6K
46CLCOLGATE PALMOLIVE COCOM0.47%$213,0482.7K
47UNILEVER PLCSPON ADR NEW0.46%$208,1474.1K
48INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL0.45%$202,8193.2K

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 ↗

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 ↗.