SL ADVISORS, LLC
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Mar 2026 to Oct 2026 | $393,263,547 | Registered funds and BDCs (83%) |
| Feb 2025 to Feb 2026 | $445,624,258 | Registered funds and BDCs (82%) |
| Mar 2024 to Jan 2025 | $313,690,607 | Registered funds and BDCs (80%) |
| May 2023 to Feb 2024 | $305,886,079 | Registered funds and BDCs (79%) |
| Mar 2023 to Apr 2023 | $305,886,079 | Registered funds and BDCs (79%) |
| Mar 2022 to Feb 2023 | $217,349,624 | Registered funds and BDCs (72%) |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2026-06-30, active share 94.8%; sector active share 74.4% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
31 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Portfolio Trend
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 73.4% | $30,773,824 |
| Unclassified | 13.4% | $5,629,277 |
| Industrials | 5.0% | $2,090,445 |
| Financial Services | 3.8% | $1,604,394 |
| Healthcare | 1.3% | $532,410 |
| Consumer Defensive | 1.1% | $466,199 |
| Basic Materials | 0.8% | $325,926 |
| Technology | 0.7% | $281,543 |
| Consumer Cyclical | 0.6% | $244,565 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| — | +2 | 4,864 | $0 | ||
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NEXT | NextDecade Corp | −109,523 | 715,855 | $4,545,679 | |
| ET | Energy Transfer LP | −25,000 | 448,898 | $0 | |
| KMI | Kinder Morgan, Inc. | −3,923 | 30,882 | $931,092 | |
| PBA | Pembina Pipeline Corp | −1,858 | 18,303 | $815,947 | |
| TRP | Tc Energy Corp | −1,689 | 22,873 | $1,321,601 | |
| KNTK | Kinetik Holdings Inc. | −1,000 | 33,972 | $1,705,394 | |
| ENB | Enbridge Inc | −980 | 26,918 | $1,251,417 | |
| SOBO | South Bow Corp | −470 | 20,754 | $687,580 | |
| RSG | Republic Services, Inc. | −412 | 2,510 | $526,773 | |
| WMB | Williams Companies, Inc. | −398 | 63,791 | $4,335,874 | |
| PAGP | Plains Gp Holdings LP | −366 | 15,084 | $390,675 | |
| TRGP | Targa Resources Corp. | −270 | 17,076 | $4,615,813 | |
| USAI | Pacer American Energy Independence ETF | −222 | 95,560 | $4,144,437 | |
| LNG | Cheniere Energy, Inc. | −200 | 17,225 | $4,634,041 | |
| KO | Coca Cola Co | −188 | 3,021 | $260,047 | |
| WM | Waste Management Inc | −167 | 2,268 | $462,490 | |
| RTX | RTX Corp | −161 | 3,855 | $715,680 | |
| MRK | Merck & Co., Inc. | −139 | 1,853 | $269,259 | |
| MCD | Mcdonalds Corp | −106 | 1,059 | $244,565 | |
| ADP | Automatic Data Processing Inc | −95 | 1,091 | $281,543 | |
| PG | PROCTER & GAMBLE Co | −90 | 1,419 | $206,152 | |
| ECL | Ecolab Inc. | −82 | 1,187 | $325,926 | |
| JNJ | Johnson & Johnson | −80 | 994 | $263,151 | |
| BRK-B | Berkshire Hathaway Inc | −76 | 3,222 | $1,604,394 | |
| LMT | Lockheed Martin Corp | −54 | 757 | $385,502 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PROP | Prairie Operating Co. | 2,412,500 | $992,743 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| LNG |
Cheniere Energy, Inc.
Energy
|
Reduced | 17,225 | $4,634,041 | 11.05% | |
| TRGP |
Targa Resources Corp.
Energy
|
Reduced | 17,076 | $4,615,813 | 11.00% | |
| NEXT |
NextDecade Corp
Energy
|
Reduced | 715,855 | $4,545,679 | 10.84% | |
| WMB |
Williams Companies, Inc.
Energy
|
Reduced | 63,791 | $4,335,874 | 10.34% | |
| USAI |
Pacer American Energy Independence ETF
|
Reduced | 95,560 | $4,144,437 | 9.88% | |
| EPD |
Enterprise Products Partners L.P.
Energy
|
Held | 71,351 | $2,540,809 | 6.06% | |
| KNTK |
Kinetik Holdings Inc.
Energy
|
Reduced | 33,972 | $1,705,394 | 4.07% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 3,222 | $1,604,394 | 3.82% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Held | 1,947 | $1,484,840 | 3.54% | |
| TRP |
Tc Energy Corp
Energy
|
Reduced | 22,873 | $1,321,601 | 3.15% | |
| ENB |
Enbridge Inc
Energy
|
Reduced | 26,918 | $1,251,417 | 2.98% | |
| WES |
Western Midstream Partners, LP
Energy
|
Held | 23,466 | $1,041,186 | 2.48% | |
| PROP |
Prairie Operating Co.
Energy
|
NEW | 2,412,500 | $992,743 | 2.37% | |
| MPLX |
Mplx LP
Energy
|
Held | 17,116 | $963,973 | 2.30% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Reduced | 30,882 | $931,092 | 2.22% | |
| PBA |
Pembina Pipeline Corp
Energy
|
Reduced | 18,303 | $815,947 | 1.95% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 3,855 | $715,680 | 1.71% | |
| SOBO |
South Bow Corp
Energy
|
Reduced | 20,754 | $687,580 | 1.64% | |
| RSG |
Republic Services, Inc.
Industrials
|
Reduced | 2,510 | $526,773 | 1.26% | |
| WM |
Waste Management Inc
Industrials
|
Reduced | 2,268 | $462,490 | 1.10% | |
| PAGP |
Plains Gp Holdings LP
Energy
|
Reduced | 15,084 | $390,675 | 0.93% | |
| LMT |
Lockheed Martin Corp
Industrials
|
Reduced | 757 | $385,502 | 0.92% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Reduced | 1,187 | $325,926 | 0.78% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Reduced | 1,091 | $281,543 | 0.67% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 1,853 | $269,259 | 0.64% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 994 | $263,151 | 0.63% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 3,021 | $260,047 | 0.62% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Reduced | 1,059 | $244,565 | 0.58% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 1,419 | $206,152 | 0.49% | |
| ET |
Energy Transfer LP
Energy
|
Reduced | 448,898 | $0 | 0.00% | |
|
|
Added | 4,864 | $0 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.