Institutional Manager · CIK 0001680365
SL ADVISORS, LLC
WESTFIELD, NJ · File #028-17480
Latest AUM
$48.8M
Positions
32
Top-10 Concentration
71.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | SOUTH BOW CORP F | SOBO | +21,336 | +$586,100 | $0 |
| ADD | KINETIK HOLDINGS | KNTK | +13,891 | +$500,771 | -$149,227 |
| ADD | PACER AMERN ENERGY INDEPENDENCE ETF | 69374H634 | +12,430 | +$474,204 | -$141,564 |
| EXITED | MC CORMICK & CO INC | 579780206 | -3,323 | -$222,342 | $0 |
| NEW | MERCK & CO INC | MRK | +1,992 | +$209,678 | $0 |
| ADD | ENERGY TRANSFER LP | ET-PI | +11,401 | +$188,002 | -$289,156 |
| REDUCE | WILLIAMS COMPANIES | 969457100 | -3,036 | -$182,494 | -$225,614 |
| REDUCE | ONEOK INC | OKE | -1,917 | -$140,900 | +$21,976 |
| REDUCE | CHENIERE ENERGY INC | LNG | -679 | -$131,991 | -$748,276 |
| REDUCE | TARGA RESOURCES CORP | TRGP | -557 | -$102,767 | +$312,947 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202532 pos · $48.8M
- 13F HOLDINGS REPORTQ/E Sep 202531 pos · $50.8M
- 13F HOLDINGS REPORTQ/E Jun 202531 pos · $55.5M
- 13F HOLDINGS REPORTQ/E Mar 202532 pos · $57.2M
- 13F HOLDINGS REPORTQ/E Dec 202435 pos · $60.5M
- 13F HOLDINGS REPORTQ/E Sep 202447 pos · $55.6M
- 13F HOLDINGS REPORTQ/E Jun 202432 pos · $50.6M
- 13F HOLDINGS REPORTQ/E Mar 202439 pos · $50.8M
- 13F HOLDINGS REPORTQ/E Dec 202343 pos · $74.3M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ENERGY TRANSFER LP | ET-PI | 442,978 | $7.3M | 14.96% |
| 2 | NEXTDECADE | NEXT | 922,889 | $4.9M | 9.96% |
| 3 | WILLIAMS COMPANIES | 969457100 | 66,598 | $4.0M | 8.20% |
| 4 | PACER AMERN ENERGY INDEPENDENCE ETF | 69374H634 | 95,895 | $3.7M | 7.49% |
| 5 | CHENIERE ENERGY INC | LNG | 17,756 | $3.5M | 7.07% |
| 6 | TARGA RESOURCES CORP | TRGP | 17,895 | $3.3M | 6.76% |
| 7 | ONEOK INC | OKE | 39,545 | $2.9M | 5.95% |
| 8 | ENTERPRISE PRODS PART LP | 293792107 | 71,745 | $2.3M | 4.71% |
| 9 | BERKSHIRE HATHAWAY CLASS B | BRK-A | 3,124 | $1.6M | 3.22% |
| 10 | SPDR S&P 500 ETF | SPY | 2,147 | $1.5M | 3.00% |
| 11 | TC ENERGY CORP F | TRPRF | 24,825 | $1.4M | 2.80% |
| 12 | ENBRIDGE INC F | ENNPF | 28,199 | $1.3M | 2.76% |
| 13 | KINETIK HOLDINGS | KNTK | 36,197 | $1.3M | 2.67% |
| 14 | KINDER MORGAN INC | EP-PC | 35,159 | $966,521 | 1.98% |
| 15 | WESTERN MIDSTREAM PAR LP | WES | 23,602 | $932,279 | 1.91% |
| 16 | MPLX LP | MPLXP | 17,229 | $919,512 | 1.88% |
| 17 | RAYTHEON TECHNOLOGIES CO | RTX | 4,697 | $861,430 | 1.76% |
| 18 | REPUBLIC SERVICES | 760759100 | 3,940 | $835,004 | 1.71% |
| 19 | PEMBINA PIPELINE CO F | PPLOF | 20,294 | $772,390 | 1.58% |
| 20 | WASTE MANAGEMENT INC | 94106L109 | 2,836 | $623,098 | 1.28% |