SEC 13F Intelligence

Managers / Q2 2024 · view latest →

SL ADVISORS, LLC

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

Reported Value
$51M
Q2 2024
Positions
32
Filings on Record
43
2019–present window
Filed
Aug 14, 2024
original filing

Summary

Sl Advisors, LLC reported $51M in U.S.-listed holdings across 32 positions for Q2 2024.

Its largest position, NEXT, represents 12.3% of the portfolio.

Compared with Q1 2024, the fund opened 0 new positions and exited 7.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+72.8%
share of reported value
Largest Position
+12.3%
Nextdecade

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: 60.3%MLP: 19.2%ETP: 17.9%Unit: 1.8%Ltd Part: 0.8%
  • Common Stock · 60.3% · $31M
  • MLP · 19.2% · $10M
  • ETP · 17.9% · $9M
  • Unit · 1.8% · $898,184
  • Ltd Part · 0.8% · $387,748

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NUSTAR ENERGY LPSOLD OUT−47.2K0−$1M$0
RTXRTX CORPORATIONSOLD OUT−5.1K0−$495,257$0
HSYHERSHEY COSOLD OUT−2.2K0−$434,902$0
PGPROCTER AND GAMBLE COSOLD OUT−2.5K0−$397,513$0
JNJJOHNSON & JOHNSONSOLD OUT−2.4K0−$382,503$0
CLXCLOROX CO DELSOLD OUT−1.5K0−$225,378$0
KDPKEURIG DR PEPPER INCSOLD OUT−6.6K0−$203,066$0
TRPTC ENERGY CORPADDED+4.2K29.6K+$102,692$1M

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

Holdings — Q2 2024

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NEXTNEXTDECADE CORPhistory →COM12.30%$6M783.7K
2ETENERGY TRANSFER L Phistory →COM UT LTD PTN11.94%$6M372.5K
3SPYSPDR S&P 500 ETF TRhistory →TR UNIT10.70%$5M10.0K
4USAIPACER FDS TRhistory →AMERCN ENRGY IND6.28%$3M95.8K
5LNGCHENIERE ENERGY INChistory →COM NEW6.08%$3M17.6K
6OKEONEOK INC NEWhistory →COM5.91%$3M36.7K
7TRGPTARGA RES CORPhistory →COM5.82%$3M22.9K
8WMBWILLIAMS COS INChistory →COM5.73%$3M68.3K
9EPDENTERPRISE PRODS PARTNERS Lhistory →COM4.06%$2M70.8K
10BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.95%$2M4.9K
11ENBENBRIDGE INChistory →COM2.72%$1M38.7K
12TRPTC ENERGY CORPhistory →COM2.21%$1M29.6K
13KMIKINDER MORGAN INC DELhistory →COM1.90%$962,40348.4K
14PBAPEMBINA PIPELINE CORPhistory →COM1.88%$948,87725.6K
15WESWESTERN MIDSTREAM PARTNERS Lhistory →COM UNIT LP INT1.82%$922,72923.2K
16ENLINK MIDSTREAM LlcCOM UNIT REP LTD1.78%$898,18465.3K
17KNTKKINETIK HOLDINGS INChistory →COM NEW CL A1.71%$865,68220.9K
18RSGREPUBLIC SERVICES INChistory →COM1.71%$865,0074.5K
19MPLXMPLX LPhistory →COM UNIT REP LTD1.40%$707,42016.6K
20WMWASTE MANAGEMENT INC DELhistory →COM1.36%$687,3813.2K
21LMTLOCKHEED MARTIN CORPhistory →COM1.25%$630,5851.4K
22ADPAUTOMATIC DATA PROCESSING INhistory →COM1.09%$549,2262.3K
23XLPSELECT SECTOR SPDR TRSBI CONS STPLS0.95%$482,4346.3K
24MCDMCDONALDS CORPCOM0.84%$426,8571.7K
25PAGPPLAINS GP HLDGS L PLTDNPARTNR INT A0.77%$387,74820.6K
26ECLECOLAB INCCOM0.65%$330,3441.4K
27PEPPEPSICO INCCOM0.65%$327,8812.0K
28MRKMERCK & CO INCCOM0.55%$278,1792.2K
29KOCOCA COLA COCOM0.54%$275,3504.3K
30MKCMCCORMICK & CO INCCOM NON VTG0.54%$274,2543.9K
31QSRRESTAURANT BRANDS INTL INCCOM0.47%$240,2433.4K
32LWLAMB WESTON HLDGS INCCOM0.42%$211,5452.5K

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 ↗.