SL Advisors, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed April 15, 2026), SL Advisors, LLC reported 47 stock positions worth $55.6 million. Its top holding was Energy Transfer (ET) at 11.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 10.3%) and Nextdecade (NEXT, 7.0%). Compared with Q2 2024, it opened 15 new positions, added to 22 and reduced 7. The biggest buy was a new position in RTX (RTX) and the biggest sale Lamb Weston (LW, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001680365
- Portfolio Value
- $55.6M (Q3 2024)
- SEC Filing
- 0001680365-26-000012 ↗ filed Apr 15, 2026
Holdings Value
Holdings 47 stocks · $55.6M
| ET Energy Transfer LP | 10.96% | 379,324 | $6.1M | Add +1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.30% | 9,969 | $5.7M | Add +0.2% |
| NEXT Nextdecade Corp. | 6.98% | 823,529 | $3.9M | Add +5.1% |
| TRGP Targa Resources Corp. | 6.34% | 23,786 | $3.5M | Add +4.0% |
| OKE Oneok Inc. | 6.20% | 37,790 | $3.4M | Add +3.0% |
| USAI Pacer Ame Energy Infr ETF-US | 6.04% | 95,765 | $3.4M | No change |
| LNG Cheniere Energy Inc. | 5.89% | 18,209 | $3.3M | Add +3.4% |
| WMB Williams Cos Inc. | 5.75% | 69,974 | $3.2M | Add +2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.07% | 4,916 | $2.3M | Reduce -0.0% |
| EPD Enterprise Products Partners | 3.83% | 73,064 | $2.1M | Add +3.1% |
| ENB Enbridge Inc. | 2.84% | 38,850 | $1.6M | Add +0.5% |
| TRP TC Energy Corp. | 2.58% | 30,175 | $1.4M | Add +2.1% |
| PBA Pembina Pipeline Corp. | 1.97% | 26,577 | $1.1M | Add +3.9% |
| KMI Kinder Morgan Inc. | 1.92% | 48,297 | $1.1M | Reduce -0.3% |
| KNTK Kinetik Holdings Inc. | 1.79% | 21,927 | $992K | Add +5.0% |
| ENLC Enlink Midstream LLC | 1.76% | 67,260 | $976K | Add +3.0% |
| WES Western Midstream Partners L | 1.67% | 24,177 | $925K | Add +4.1% |
| RSG Republic Services Inc. | 1.61% | 4,466 | $897K | Add +0.3% |
| LMT Lockheed Martin Corp. | 1.43% | 1,356 | $793K | Add +0.4% |
| MPLX MPLX LP | 1.39% | 17,375 | $772K | Add +4.6% |
| WM Waste Management Inc. | 1.21% | 3,235 | $672K | Add +0.4% |
| ADP Automatic Data Processing | 1.15% | 2,309 | $639K | Add +0.3% |
| RTX RTX Corp. | 1.07% | 4,921 | $596K | New |
| MCD McDonald's Corp. | 0.92% | 1,685 | $513K | Add +0.6% |
| XLP SS Consumer Staples Sel Sect | 0.82% | 5,513 | $458K | Reduce -12.5% |
| PG The Procter & Gamble Co. | 0.72% | 2,320 | $402K | New |
| PAGP Plains GP Holdings LP | 0.71% | 21,282 | $394K | Add +3.3% |
| ECL Ecolab Inc. | 0.64% | 1,400 | $357K | Add +0.9% |
| MLXIX Catalyst Energy Infrast-I | 0.63% | 13,858 | $351K | New |
| HSY The Hershey Co. | 0.60% | 1,746 | $335K | New |
| JNJ Johnson & Johnson | 0.59% | 2,016 | $327K | New |
| MKC McCormick & Co.-Non VTG SHRS | 0.55% | 3,712 | $305K | Reduce -4.0% |
| KO The Coca-Cola Co. | 0.54% | 4,211 | $303K | Reduce -2.7% |
| PEP Pepsico Inc. | 0.50% | 1,623 | $276K | Reduce -18.4% |
| MRK Merck & Co. Inc. | 0.46% | 2,247 | $255K | No change |
| QSR Restaurant Brands Intern | 0.44% | 3,414 | $246K | No change |
| KDP Keurig Dr Pepper Inc. | 0.35% | 5,190 | $195K | New |
| CL Colgate-Palmolive Co. | 0.34% | 1,829 | $190K | New |
| CLX Clorox Company | 0.34% | 1,152 | $188K | New |
| UL Unilever PLC | 0.30% | 2,590 | $168K | New |
| NOC Northrop Grumman Corp. | 0.29% | 308 | $163K | New |
| KHC The Kraft Heinz Co. | 0.28% | 4,465 | $157K | New |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.28% | 2,345 | $155K | New |
| LW Lamb Weston Holdings Inc. | 0.26% | 2,269 | $147K | Reduce -9.8% |
| KMB Kimberly-Clark Corp. | 0.26% | 1,013 | $144K | New |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.24% | 1,088 | $132K | New |
| CAG Conagra Brands Inc. | 0.17% | 2,920 | $95K | New |
Portfolio Sells Q2 2024 → Q3 2024
| LW Lamb Weston Holdings Inc. | Reduce -9.8% | 0.26% | −0.15 |
| PEP Pepsico Inc. | Reduce -18.4% | 0.50% | −0.15 |
| XLP SS Consumer Staples Sel Sect | Reduce -12.5% | 0.82% | −0.13 |
| KO The Coca-Cola Co. | Reduce -2.7% | 0.54% | +0.00 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -4.0% | 0.55% | +0.01 |
| KMI Kinder Morgan Inc. | Reduce -0.3% | 1.92% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.0% | 4.07% | +0.12 |
Portfolio Buys Q2 2024 → Q3 2024
| RTX RTX Corp. | New | 1.07% | +1.07 |
| PG The Procter & Gamble Co. | New | 0.72% | +0.72 |
| MLXIX Catalyst Energy Infrast-I | New | 0.63% | +0.63 |
| HSY The Hershey Co. | New | 0.60% | +0.60 |
| JNJ Johnson & Johnson | New | 0.59% | +0.59 |
| TRGP Targa Resources Corp. | Add +4.0% | 6.34% | +0.52 |
| TRP TC Energy Corp. | Add +2.1% | 2.58% | +0.37 |
| KDP Keurig Dr Pepper Inc. | New | 0.35% | +0.35 |
| CL Colgate-Palmolive Co. | New | 0.34% | +0.34 |
| CLX Clorox Company | New | 0.34% | +0.34 |
| UL Unilever PLC | New | 0.30% | +0.30 |
| NOC Northrop Grumman Corp. | New | 0.29% | +0.29 |
| OKE Oneok Inc. | Add +3.0% | 6.20% | +0.29 |
| KHC The Kraft Heinz Co. | New | 0.28% | +0.28 |
| BUD Anheuser-Busch Inbev-SPN ADR | New | 0.28% | +0.28 |
| KMB Kimberly-Clark Corp. | New | 0.26% | +0.26 |
| SJM The JM Smucker Co. | New | 0.24% | +0.24 |
| LMT Lockheed Martin Corp. | Add +0.4% | 1.43% | +0.18 |
| CAG Conagra Brands Inc. | New | 0.17% | +0.17 |
| ENB Enbridge Inc. | Add +0.5% | 2.84% | +0.12 |
| PBA Pembina Pipeline Corp. | Add +3.9% | 1.97% | +0.10 |
| MCD McDonald's Corp. | Add +0.6% | 0.92% | +0.08 |
| KNTK Kinetik Holdings Inc. | Add +5.0% | 1.79% | +0.08 |
| ADP Automatic Data Processing | Add +0.3% | 1.15% | +0.06 |
| WMB Williams Cos Inc. | Add +2.5% | 5.75% | +0.02 |
| MPLX MPLX LP | Add +4.6% | 1.39% | −0.01 |
| ECL Ecolab Inc. | Add +0.9% | 0.64% | −0.01 |
| ENLC Enlink Midstream LLC | Add +3.0% | 1.76% | −0.02 |
| PAGP Plains GP Holdings LP | Add +3.3% | 0.71% | −0.06 |
| RSG Republic Services Inc. | Add +0.3% | 1.61% | −0.10 |
| WM Waste Management Inc. | Add +0.4% | 1.21% | −0.15 |
| WES Western Midstream Partners L | Add +4.1% | 1.67% | −0.16 |
| LNG Cheniere Energy Inc. | Add +3.4% | 5.89% | −0.19 |
| EPD Enterprise Products Partners | Add +3.1% | 3.83% | −0.23 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 10.30% | −0.41 |
| ET Energy Transfer LP | Add +1.8% | 10.96% | −0.98 |
| NEXT Nextdecade Corp. | Add +5.1% | 6.98% | −5.32 |
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 |