SEC 13F Intelligence

Managers / Q3 2025 · view latest →

SL ADVISORS, LLC

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

Reported Value
$51M
Q3 2025
Positions
31
Filings on Record
43
2019–present window
Filed
Oct 20, 2025
original filing

Summary

Sl Advisors, LLC reported $51M in U.S.-listed holdings across 31 positions for Q3 2025.

Its largest position, ET, represents 14.6% of the portfolio.

Compared with Q2 2025, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+73.3%
share of reported value
Largest Position
+14.6%
Energy Transfer
New / Exited
1 / 1
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: 66.5%MLP: 22.8%ETP: 10.1%Ltd Part: 0.6%
  • Common Stock · 66.5% · $34M
  • MLP · 22.8% · $12M
  • ETP · 10.1% · $5M
  • Ltd Part · 0.6% · $297,148

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JNJJOHNSON & JOHNSONNEW+1.1K1.1K+$202,664$202,664
NFENew Fortress EnergySOLD OUT−239.4K0−$794,805$0
PGPROCTER & GAMBLETRIMMED−4961.5K−$87,697$235,085
PAGPPLAINS GP HLDGSTRIMMED−5.0K16.3K−$116,361$297,148
KMIKINDER MORGAN INCTRIMMED−10.8K36.6K−$358,172$1M
ENBENBRIDGE INC FTRIMMED−7.7K29.3K−$198,287$1M
PBAPEMBINA PIPELINE CO FTRIMMED−4.8K21.0K−$119,637$849,134
LMTKINETIK HOLDINGSTRIMMED−212976−$62,981$487,229

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

Holdings — Q3 2025

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ETENERGY TRANSFER LPhistory →COM14.57%$7M431.6K
2NEXTNEXTDECADEhistory →COM12.39%$6M927.4K
3WMBWILLIAMS COMPANIEShistory →COM8.68%$4M69.6K
4LNGCHENIERE ENERGY INChistory →COM NEW8.52%$4M18.4K
5USAIPACER AMERN ENERGY INDEPENDENCE ETFhistory →COM6.54%$3M83.5K
6TRGPTARGA RESOURCES CORPhistory →COM6.08%$3M18.5K
7OKEONEOK INChistory →COM5.95%$3M41.5K
8EPDENTERPRISE PRODS PART LPhistory →COM4.55%$2M74.0K
9BRK/BBERKSHIRE HATHAWAY CLASS Bhistory →CL B NEW3.10%$2M3.1K
10ENBENBRIDGE INC Fhistory →COM2.91%$1M29.3K
11KNTKKINETIK HOLDINGSCOM NEW CL A2.83%$1M23.3K
12SPYSPDR S&P 500 ETFhistory →TR UNIT2.81%$1M2.1K
13TRPTC ENERGY CORP Fhistory →COM2.75%$1M25.7K
14KMIKINDER MORGAN INChistory →COM2.04%$1M36.6K
15WESWESTERN MIDSTREAM PAR LPhistory →COM UNIT LP INT1.90%$964,72724.6K
16RSGREPUBLIC SERVICEShistory →COM1.78%$903,0043.9K
17MPLXMPLX LPhistory →COM UNIT REP LTD1.74%$883,11617.7K
18PBAPEMBINA PIPELINE CO Fhistory →COM1.67%$849,13421.0K
19RTXRAYTHEON TECHNOLOGIES COhistory →COM1.54%$782,4354.7K
20ADPAUTO DATA PROCESSINGhistory →COM1.26%$637,7762.2K
21WMWASTE MANAGEMENT INChistory →COM1.23%$623,8452.8K
22MCDMCDONALDS CORPCOM0.94%$478,9311.6K
23XLPSPDR FUND CONSUMER STAPLES ETFSBI CONS STPLS0.75%$380,5044.9K
24ECLECOLAB INCCOM0.69%$350,5411.3K
25PAGPPLAINS GP HLDGSLTD PARTNR INT A0.58%$297,14816.3K
26PGPROCTER & GAMBLECOM0.46%$235,0851.5K
27HSYHERSHEY COCOM0.45%$228,7621.2K
28MKCMC CORMICK & CO INCCOM NON VTG0.44%$222,3423.3K
29KOTHE COCA-COLA COCOM0.43%$217,3313.3K
30JNJJOHNSON & JOHNSONCOM0.40%$202,6641.1K

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 ↗.