SEC 13F Intelligence

Managers / Q1 2026

SL ADVISORS, LLC

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

Reported Value
$59M
Q1 2026
Positions
32
Filings on Record
43
2019–present window
Filed
Apr 15, 2026
original filing

Summary

Sl Advisors, LLC reported $59M in U.S.-listed holdings across 32 positions for Q1 2026.

Its largest position, ET, represents 13.9% of the portfolio.

The book was largely unchanged from Q4 2025.

Portfolio Metrics

Turnover
+0.7%
vs prior filed quarter
Top-10 Concentration
+75.3%
share of reported value
Largest Position
+13.9%
Energy Transfer

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: 66.9%MLP: 21.8%ETP: 10.7%Ltd Part: 0.6%
  • Common Stock · 66.9% · $40M
  • MLP · 21.8% · $13M
  • ETP · 10.7% · $6M
  • Ltd Part · 0.6% · $377,918

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ADPAUTO DATA PROCESSINGTRIMMED−7281.3K−$256,555$260,477
LMTKINETIK HOLDINGSTRIMMED−159724+$10,497$437,578
BRK/BBERKSHIRE HATHAWAYADDED+4643.6K+$149,091$2M
RTXRAYTHEON TECHNOLOGIES COTRIMMED−3504.3K−$22,894$838,536
NEXTNEXTDECADEADDED+64.1K987.0K+$3M$8M
KOTHE COCA-COLA COADDED+2293.5K+$37,677$268,380
ETENERGY TRANSFER LPHELD−18.0K425.0K+$897,369$8M
KNTKKINETIK HOLDINGSHELD−1.0K35.2K+$398,985$2M

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

Holdings — Q1 2026

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ETENERGY TRANSFER LPhistory →COM UT LTD PTN13.88%$8M425.0K
2NEXTNEXTDECADEhistory →COM12.80%$8M987.0K
3LNGCHENIERE ENERGY INChistory →COM NEW8.41%$5M17.5K
4WMBWILLIAMS COMPANIEShistory →COM8.10%$5M65.7K
5USAIPACER AMERN ENERGY INDEPENDENCE ETFhistory →COM7.63%$5M95.9K
6TRGPTARGA RESOURCES CORPhistory →COM NEW7.40%$4M17.4K
7OKEONEOK INChistory →COM5.97%$4M39.0K
8EPDENTERPRISE PRODS PART LPhistory →COM4.60%$3M71.7K
9KNTKKINETIK HOLDINGSTR UNIT · COM3.63%$2M35.9K
10BRK/BBERKSHIRE HATHAWAYhistory →CL B NEW2.91%$2M3.6K
11TRPTC ENERGY CORP Fhistory →COM2.62%$2M24.7K
12ENBENBRIDGE INC Fhistory →COM2.57%$2M28.1K
13SPYSPDR S&P 500 ETFhistory →COM2.36%$1M2.1K
14KMIKINDER MORGAN INChistory →COM NEW CL A1.98%$1M34.9K
15MPLXMPLX, LPhistory →COM1.66%$983,25917.2K
16WESWESTERN MIDSTREAM PAR LPhistory →COM UNIT LP INT1.64%$971,69423.6K
17PBAPEMBINA PIPELINE CO Fhistory →COM UNIT REP LTD1.54%$908,35920.3K
18RSGREPUBLIC SERVICEShistory →COM1.44%$852,4263.9K
19RTXRAYTHEON TECHNOLOGIES COhistory →COM1.42%$838,5364.3K
20SOBOSOUTH BOW CORP Fhistory →COM1.20%$710,31521.3K
21WMWASTE MANAGEMENT INChistory →COM1.09%$642,7232.8K
22MCDMCDONALDS CORPCOM0.72%$426,7151.4K
23XLPSPDR FUND CONSUMER STAPLES ETFCOM0.67%$398,4084.9K
24PAGPPLAINS GP HLDGSSBI CONS STPLS0.64%$377,91815.6K
25ECLECOLAB INCCOM0.57%$337,5791.3K
26KOTHE COCA-COLA COCOM0.45%$268,3803.5K
27JNJJOHNSON & JOHNSONLTD PARTNR INT A0.44%$262,5291.1K
28ADPAUTO DATA PROCESSINGCOM0.44%$260,4771.3K
29HSYHERSHEY COCOM0.42%$250,3001.2K
30MRKMERCK & CO. INC.COM0.41%$239,6182.0K
31PGPROCTER & GAMBLECOM0.37%$217,9601.5K

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 ↗

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 ↗.