SL Advisors, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed April 15, 2026), SL Advisors, LLC reported 32 stock positions worth $50.6 million. Its top holding was Nextdecade (NEXT) at 12.3% of the portfolio, followed by Energy Transfer (ET, 11.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 10.7%). Compared with Q1 2024, it sold out of 7, added to 5 and reduced 26. The biggest buy was Nextdecade (NEXT, shares +13%) and the biggest sale an exit from Nustar Energy (NS).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001680365
- Portfolio Value
- $50.6M (Q2 2024)
- SEC Filing
- 0001680365-26-000011 ↗ filed Apr 15, 2026
Holdings Value
Holdings 32 stocks · $50.6M
| NEXT Nextdecade Corp. | 12.30% | 783,699 | $6.2M | Add +13.3% |
| ET Energy Transfer LP | 11.94% | 372,488 | $6.0M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.70% | 9,952 | $5.4M | Reduce -0.9% |
| USAI Pacer Ame Energy Infr ETF-US | 6.28% | 95,765 | $3.2M | Add +1.7% |
| LNG Cheniere Energy Inc. | 6.08% | 17,609 | $3.1M | Reduce -2.3% |
| OKE Oneok Inc. | 5.91% | 36,690 | $3.0M | Reduce -2.3% |
| TRGP Targa Resources Corp. | 5.82% | 22,870 | $2.9M | Reduce -2.4% |
| WMB Williams Cos Inc. | 5.73% | 68,265 | $2.9M | Reduce -1.8% |
| EPD Enterprise Products Partners | 4.06% | 70,838 | $2.1M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.95% | 4,918 | $2.0M | Reduce -1.3% |
| ENB Enbridge Inc. | 2.72% | 38,674 | $1.4M | Reduce -2.1% |
| TRP TC Energy Corp. | 2.21% | 29,564 | $1.1M | Add +16.8% |
| KMI Kinder Morgan Inc. | 1.90% | 48,435 | $962K | Reduce -2.7% |
| PBA Pembina Pipeline Corp. | 1.88% | 25,590 | $949K | Reduce -1.9% |
| WES Western Midstream Partners L | 1.82% | 23,225 | $923K | Reduce -2.2% |
| ENLC Enlink Midstream LLC | 1.78% | 65,275 | $898K | Reduce -1.6% |
| KNTK Kinetik Holdings Inc. | 1.71% | 20,890 | $866K | Reduce -2.5% |
| RSG Republic Services Inc. | 1.71% | 4,451 | $865K | Reduce -5.2% |
| MPLX MPLX LP | 1.40% | 16,610 | $707K | Reduce -2.6% |
| WM Waste Management Inc. | 1.36% | 3,222 | $687K | Reduce -4.2% |
| LMT Lockheed Martin Corp. | 1.25% | 1,350 | $631K | Reduce -10.4% |
| ADP Automatic Data Processing | 1.09% | 2,301 | $549K | Reduce -3.4% |
| XLP SS Consumer Staples Sel Sect | 0.95% | 6,300 | $482K | Add +0.1% |
| MCD McDonald's Corp. | 0.84% | 1,675 | $427K | Reduce -2.9% |
| PAGP Plains GP Holdings LP | 0.77% | 20,603 | $388K | Reduce -1.7% |
| ECL Ecolab Inc. | 0.65% | 1,388 | $330K | Add +0.9% |
| PEP Pepsico Inc. | 0.65% | 1,988 | $328K | Reduce -2.9% |
| MRK Merck & Co. Inc. | 0.55% | 2,247 | $278K | No change |
| KO The Coca-Cola Co. | 0.54% | 4,326 | $275K | Reduce -15.6% |
| MKC McCormick & Co.-Non VTG SHRS | 0.54% | 3,866 | $274K | Reduce -3.2% |
| QSR Restaurant Brands Intern | 0.47% | 3,414 | $240K | Reduce -5.9% |
| LW Lamb Weston Holdings Inc. | 0.42% | 2,516 | $212K | Reduce -7.1% |
Portfolio Sells Q1 2024 → Q2 2024
| NS Nustar Energy LP | Sold out | 0.00% | −2.16 |
| RTX RTX Corp. | Sold out | 0.00% | −0.98 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.86 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.78 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.75 |
| CLX Clorox Company | Sold out | 0.00% | −0.44 |
| KDP Keurig Dr Pepper Inc. | Sold out | 0.00% | −0.40 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 3.95% | −0.17 |
| LW Lamb Weston Holdings Inc. | Reduce -7.1% | 0.42% | −0.15 |
| MCD McDonald's Corp. | Reduce -2.9% | 0.84% | −0.11 |
| LMT Lockheed Martin Corp. | Reduce -10.4% | 1.25% | −0.10 |
| ENB Enbridge Inc. | Reduce -2.1% | 2.72% | −0.10 |
| QSR Restaurant Brands Intern | Reduce -5.9% | 0.47% | −0.09 |
| ADP Automatic Data Processing | Reduce -3.4% | 1.09% | −0.09 |
| EPD Enterprise Products Partners | Reduce -1.7% | 4.06% | −0.08 |
| KO The Coca-Cola Co. | Reduce -15.6% | 0.54% | −0.07 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -3.2% | 0.54% | −0.06 |
| RSG Republic Services Inc. | Reduce -5.2% | 1.71% | −0.06 |
| PEP Pepsico Inc. | Reduce -2.9% | 0.65% | −0.06 |
| WM Waste Management Inc. | Reduce -4.2% | 1.36% | −0.05 |
| OKE Oneok Inc. | Reduce -2.3% | 5.91% | −0.01 |
| ENLC Enlink Midstream LLC | Reduce -1.6% | 1.78% | −0.01 |
| MPLX MPLX LP | Reduce -2.6% | 1.40% | +0.00 |
| PAGP Plains GP Holdings LP | Reduce -1.7% | 0.77% | +0.01 |
| KNTK Kinetik Holdings Inc. | Reduce -2.5% | 1.71% | +0.03 |
| PBA Pembina Pipeline Corp. | Reduce -1.9% | 1.88% | +0.06 |
| KMI Kinder Morgan Inc. | Reduce -2.7% | 1.90% | +0.10 |
| WES Western Midstream Partners L | Reduce -2.2% | 1.82% | +0.16 |
| ET Energy Transfer LP | Reduce -1.0% | 11.94% | +0.29 |
| LNG Cheniere Energy Inc. | Reduce -2.3% | 6.08% | +0.36 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.9% | 10.70% | +0.36 |
| WMB Williams Cos Inc. | Reduce -1.8% | 5.73% | +0.40 |
| TRGP Targa Resources Corp. | Reduce -2.4% | 5.82% | +0.65 |
Portfolio Buys Q1 2024 → Q2 2024
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 |