SL Advisors, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 10, 2026), SL Advisors, LLC reported 32 stock positions worth $57.2 million. Its top holding was Energy Transfer (ET) at 15.9% of the portfolio, followed by Nextdecade (NEXT, 10.9%) and Williams Cos (WMB, 8.3%). Compared with Q1 2026, it added to 3 and reduced 24. The biggest buy was Energy Transfer (ET, shares +12%) and the biggest sale Nextdecade (NEXT, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001680365
- Portfolio Value
- $57.2M (Q2 2026)
- SEC Filing
- 0001680365-26-000020 ↗ filed Jul 10, 2026
Holdings Value
Holdings 32 stocks · $57.2M
| ET Energy Transfer LP | 15.85% | 473,898 | $9.1M | Add +11.5% |
| NEXT Nextdecade Corp. | 10.89% | 825,378 | $6.2M | Reduce -16.4% |
| WMB Williams Cos Inc. | 8.35% | 64,189 | $4.8M | Reduce -2.3% |
| TRGP Targa Resources Corp. | 8.14% | 17,346 | $4.7M | Reduce -0.5% |
| USAI Pacer Ame Energy Infr ETF-US | 7.62% | 95,782 | $4.4M | Reduce -0.1% |
| LNG Cheniere Energy Inc. | 7.29% | 17,425 | $4.2M | Reduce -0.5% |
| OKE Oneok Inc. | 5.80% | 38,114 | $3.3M | Reduce -2.3% |
| EPD Enterprise Products Partners | 4.59% | 71,351 | $2.6M | Reduce -0.6% |
| KNTK Kinetik Holdings Inc. | 2.96% | 34,972 | $1.7M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.89% | 3,298 | $1.7M | Reduce -8.1% |
| TRP TC Energy Corp. | 2.85% | 24,562 | $1.6M | Reduce -0.7% |
| ENB Enbridge Inc. | 2.65% | 27,898 | $1.5M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.54% | 1,947 | $1.5M | Reduce -9.3% |
| KMI Kinder Morgan Inc. | 1.95% | 34,805 | $1.1M | Reduce -0.1% |
| WES Western Midstream Partners L | 1.80% | 23,466 | $1.0M | Reduce -0.6% |
| MPLX MPLX LP | 1.69% | 17,116 | $964K | Reduce -0.7% |
| PBA Pembina Pipeline Corp. | 1.63% | 20,161 | $932K | Reduce -0.7% |
| RTX RTX Corp. | 1.33% | 4,016 | $762K | Reduce -7.6% |
| SOBO South Bow Corp. | 1.31% | 21,224 | $748K | Reduce -0.4% |
| RSG Republic Services Inc. | 1.09% | 2,922 | $623K | Reduce -24.9% |
| WM Waste Management Inc. | 0.95% | 2,435 | $543K | Reduce -12.9% |
| LMT Lockheed Martin Corp. | 0.72% | 811 | $413K | Add +12.0% |
| XLP SS Consumer Staples Sel Sect | 0.71% | 4,862 | $404K | Add +0.0% |
| PAGP Plains GP Holdings LP | 0.66% | 15,450 | $375K | Reduce -0.7% |
| ECL Ecolab Inc. | 0.62% | 1,269 | $354K | No change |
| MCD McDonald's Corp. | 0.55% | 1,165 | $315K | Reduce -15.2% |
| JNJ Johnson & Johnson | 0.48% | 1,074 | $273K | No change |
| ADP Automatic Data Processing | 0.46% | 1,186 | $266K | Reduce -7.5% |
| KO The Coca-Cola Co. | 0.46% | 3,209 | $261K | Reduce -9.1% |
| MRK Merck & Co. Inc. | 0.45% | 1,992 | $256K | No change |
| PG The Procter & Gamble Co. | 0.39% | 1,509 | $221K | No change |
| HSY The Hershey Co. | 0.37% | 1,204 | $211K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| NEXT Nextdecade Corp. | Reduce -16.4% | 10.89% | −1.91 |
| LNG Cheniere Energy Inc. | Reduce -0.5% | 7.29% | −1.12 |
| RSG Republic Services Inc. | Reduce -24.9% | 1.09% | −0.35 |
| MCD McDonald's Corp. | Reduce -15.2% | 0.55% | −0.17 |
| OKE Oneok Inc. | Reduce -2.3% | 5.80% | −0.17 |
| WM Waste Management Inc. | Reduce -12.9% | 0.95% | −0.14 |
| RTX RTX Corp. | Reduce -7.6% | 1.33% | −0.09 |
| KMI Kinder Morgan Inc. | Reduce -0.1% | 1.95% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.1% | 2.89% | −0.02 |
| EPD Enterprise Products Partners | Reduce -0.6% | 4.59% | −0.01 |
| USAI Pacer Ame Energy Infr ETF-US | Reduce -0.1% | 7.62% | −0.00 |
| KO The Coca-Cola Co. | Reduce -9.1% | 0.46% | +0.00 |
| PAGP Plains GP Holdings LP | Reduce -0.7% | 0.66% | +0.02 |
| MPLX MPLX LP | Reduce -0.7% | 1.69% | +0.02 |
| ADP Automatic Data Processing | Reduce -7.5% | 0.46% | +0.02 |
| KNTK Kinetik Holdings Inc. | Reduce -0.6% | 2.96% | +0.07 |
| ENB Enbridge Inc. | Reduce -0.6% | 2.65% | +0.07 |
| PBA Pembina Pipeline Corp. | Reduce -0.7% | 1.63% | +0.09 |
| SOBO South Bow Corp. | Reduce -0.4% | 1.31% | +0.11 |
| WES Western Midstream Partners L | Reduce -0.6% | 1.80% | +0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.3% | 2.54% | +0.18 |
| TRP TC Energy Corp. | Reduce -0.7% | 2.85% | +0.23 |
| WMB Williams Cos Inc. | Reduce -2.3% | 8.35% | +0.25 |
| TRGP Targa Resources Corp. | Reduce -0.5% | 8.14% | +0.74 |
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $57.2M | ET, NEXT, WMB, TRGP, USAI |
| Q1 2026 | 32 | $59.1M | ET, NEXT, LNG, WMB, USAI |
| Q4 2025Amended | 32 | $48.8M | ET, NEXT, WMB, USAI, LNG |
| Q3 2025Amended | 31 | $50.8M | ET, NEXT, WMB, LNG, USAI |
| Q2 2025Amended | 31 | $55.5M | NEXT, ET, LNG, WMB, OKE |
| Q1 2025Amended | 31 | $57.2M | ET, NEXT, OKE, LNG, WMB |
| Q4 2024Amended | 35 | $60.5M | ET, NEXT, SPY, TRGP, LNG |
| Q3 2024Amended | 47 | $55.6M | ET, SPY, NEXT, TRGP, OKE |
| Q2 2024Amended | 32 | $50.6M | NEXT, ET, SPY, USAI, LNG |
| Q1 2024Amended | 39 | $50.8M | ET, SPY, NEXT, OKE, USAI |