SL Advisors, LLC
$57.2M
30
69.6%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 ET | $9.06M | 15.85% | 0.01% | +11.5% | Q2 2016 |
 NEXT | $6.22M | 10.89% | 0.31% | -16.4% | Q1 2021 |
 WMB | $4.77M | 8.35% | 0.01% | -2.3% | Q2 2016 |
 TRGP | $4.65M | 8.14% | 0.01% | -0.5% | Q2 2016 |
 LNG | $4.16M | 7.29% | 0.01% | -0.5% | Q1 2017 |
 OKE | $3.31M | 5.80% | 0.01% | -2.3% | Q2 2016 |
 EPD | $2.62M | 4.59% | 0.00% | -0.6% | Q2 2016 |
 KNTK | $1.69M | 2.96% | 0.03% | -0.6% | Q4 2023 |
 BRK.B | $1.65M | 2.89% | Not reported | -8.1% | Q2 2016 |
 TRP | $1.63M | 2.85% | Not reported | -0.7% | Q4 2022 |
 ENB | $1.51M | 2.65% | 0.00% | -0.6% | Q2 2016 |
 SPY | $1.45M | 2.54% | Not reported | -9.3% | Q2 2016 |
 KMI | $1.11M | 1.95% | 0.00% | -0.1% | Q2 2016 |
 WES | $1.03M | 1.80% | 0.01% | -0.6% | Q1 2019 |
 MPLX | $964K | 1.69% | 0.00% | -0.7% | Q3 2018 |
 PBA | $932K | 1.63% | 0.00% | -0.7% | Q3 2016 |
 RTX | $762K | 1.33% | 0.00% | -7.6% | Q4 2020 |
 SOBO | $748K | 1.31% | 0.01% | -0.4% | Q4 2025 |
 RSG | $623K | 1.09% | 0.00% | -24.9% | Q2 2016 |
 WM | $543K | 0.95% | 0.00% | -12.9% | Q2 2016 |
 LMT | $413K | 0.72% | 0.00% | +12.0% | Q2 2016 |
 PAGP | $375K | 0.66% | 0.01% | -0.7% | Q2 2016 |
 ECL | $354K | 0.62% | 0.00% | Not reported | Q4 2018 |
 MCD | $315K | 0.55% | 0.00% | -15.2% | Q2 2016 |
 JNJ | $273K | 0.48% | 0.00% | Not reported | Q2 2016 |
 ADP | $266K | 0.46% | 0.00% | -7.5% | Q2 2016 |
 KO | $261K | 0.46% | 0.00% | -9.1% | Q2 2016 |
 MRK | $256K | 0.45% | 0.00% | Not reported | Q4 2022 |
 PG | $221K | 0.39% | 0.00% | Not reported | Q2 2016 |
 HSY | $211K | 0.37% | 0.00% | Not reported | Q2 2016 |
| Q1 2026 | |||||
| ET | $8.2M | 13.88% | 0.01% | -4.1% | Q2 2016 |
| NEXT | $7.56M | 12.80% | 0.37% | +7.0% | Q1 2021 |
| LNG | $4.97M | 8.41% | 0.01% | -1.4% | Q1 2017 |
| WMB | $4.78M | 8.10% | 0.01% | -1.3% | Q2 2016 |
| TRGP | $4.37M | 7.40% | 0.01% | -2.6% | Q2 2016 |
| OKE | $3.52M | 5.97% | 0.01% | -1.4% | Q2 2016 |
| EPD | $2.71M | 4.60% | 0.00% | Not reported | Q2 2016 |
| BRK.B | $1.72M | 2.91% | Not reported | +14.9% | Q2 2016 |
| KNTK | $1.7M | 2.88% | 0.03% | -2.8% | Q4 2023 |
| TRP | $1.55M | 2.62% | Not reported | -0.4% | Q4 2022 |
| ENB | $1.52M | 2.57% | 0.00% | -0.5% | Q2 2016 |
| SPY | $1.4M | 2.36% | Not reported | Not reported | Q2 2016 |
| KMI | $1.17M | 1.98% | 0.00% | -0.9% | Q2 2016 |
| MPLX | $983K | 1.66% | 0.00% | Not reported | Q3 2018 |
| WES | $972K | 1.64% | 0.01% | Not reported | Q1 2019 |
| PBA | $908K | 1.54% | 0.00% | Not reported | Q3 2016 |
| RSG | $852K | 1.44% | 0.00% | -1.2% | Q2 2016 |
| RTX | $839K | 1.42% | 0.00% | -7.5% | Q4 2020 |
| SOBO | $710K | 1.20% | 0.01% | -0.1% | Q4 2025 |
| WM | $643K | 1.09% | 0.00% | -1.4% | Q2 2016 |
| LMT | $438K | 0.74% | 0.00% | -18.0% | Q2 2016 |
| MCD | $427K | 0.72% | 0.00% | -1.5% | Q2 2016 |
| PAGP | $378K | 0.64% | 0.01% | Not reported | Q2 2016 |
| ECL | $338K | 0.57% | 0.00% | -1.7% | Q4 2018 |
| KO | $268K | 0.45% | 0.00% | +6.9% | Q2 2016 |
| JNJ | $263K | 0.44% | 0.00% | -2.6% | Q2 2016 |
| ADP | $260K | 0.44% | 0.00% | -36.2% | Q2 2016 |
| HSY | $250K | 0.42% | 0.00% | -2.4% | Q2 2016 |
| MRK | $240K | 0.41% | 0.00% | Not reported | Q4 2022 |
| PG | $218K | 0.37% | 0.00% | -2.1% | Q2 2016 |
| Q4 2025 | |||||
| ET | $7.3M | 14.96% | 0.01% | +2.6% | Q2 2016 |
| NEXT | $4.86M | 9.96% | 0.35% | -0.5% | Q1 2021 |
| WMB | $4M | 8.20% | 0.01% | -4.4% | Q2 2016 |
| LNG | $3.45M | 7.07% | 0.01% | -3.7% | Q1 2017 |
| TRGP | $3.3M | 6.76% | 0.01% | -3.0% | Q2 2016 |
| OKE | $2.91M | 5.95% | 0.01% | -4.6% | Q2 2016 |
| EPD | $2.3M | 4.71% | 0.00% | -3.0% | Q2 2016 |
| BRK.B | $1.57M | 3.22% | Not reported | -0.2% | Q2 2016 |
| SPY | $1.46M | 3.00% | Not reported | Not reported | Q2 2016 |
| TRP | $1.37M | 2.80% | Not reported | -3.2% | Q4 2022 |
| ENB | $1.35M | 2.76% | 0.00% | -3.9% | Q2 2016 |
| KNTK | $1.3M | 2.67% | 0.03% | +62.3% | Q4 2023 |
| KMI | $967K | 1.98% | 0.00% | -4.1% | Q2 2016 |
| WES | $932K | 1.91% | 0.01% | -3.9% | Q1 2019 |
| MPLX | $920K | 1.88% | 0.00% | -2.6% | Q3 2018 |
| RTX | $861K | 1.76% | 0.00% | +0.5% | Q4 2020 |
| RSG | $835K | 1.71% | 0.00% | +0.1% | Q2 2016 |
| PBA | $772K | 1.58% | 0.00% | -3.3% | Q3 2016 |
| WM | $623K | 1.28% | 0.00% | +0.4% | Q2 2016 |
| SOBO | $586K | 1.20% | 0.01% | New | Q4 2025 |
| ADP | $517K | 1.06% | 0.00% | -7.5% | Q2 2016 |
| LMT | $427K | 0.87% | 0.00% | -9.5% | Q2 2016 |
| MCD | $426K | 0.87% | 0.00% | -11.6% | Q2 2016 |
| ECL | $339K | 0.69% | 0.00% | +0.9% | Q4 2018 |
| PAGP | $298K | 0.61% | 0.01% | -4.5% | Q2 2016 |
| KO | $231K | 0.47% | 0.00% | +0.7% | Q2 2016 |
| JNJ | $228K | 0.47% | 0.00% | +0.9% | Q2 2016 |
| HSY | $225K | 0.46% | 0.00% | +0.9% | Q2 2016 |
| PG | $221K | 0.45% | 0.00% | +0.7% | Q2 2016 |
| MRK | $210K | 0.43% | 0.00% | Not reported | Q4 2022 |
| Q3 2025 | |||||
| ET | $7.41M | 14.57% | 0.01% | +13.9% | Q2 2016 |
| NEXT | $6.3M | 12.39% | 0.35% | -3.4% | Q1 2021 |
| WMB | $4.41M | 8.68% | 0.01% | +1.0% | Q2 2016 |
| LNG | $4.33M | 8.52% | 0.01% | +1.2% | Q1 2017 |
| TRGP | $3.09M | 6.08% | 0.01% | +0.4% | Q2 2016 |
| OKE | $3.03M | 5.95% | 0.01% | -11.3% | Q2 2016 |
| EPD | $2.31M | 4.55% | 0.00% | +1.2% | Q2 2016 |
| BRK.B | $1.57M | 3.10% | Not reported | -0.2% | Q2 2016 |
| ENB | $1.48M | 2.91% | 0.00% | -20.8% | Q2 2016 |
| SPY | $1.43M | 2.81% | Not reported | Not reported | Q2 2016 |
| TRP | $1.4M | 2.75% | Not reported | -14.1% | Q4 2022 |
| KMI | $1.04M | 2.04% | 0.00% | -22.8% | Q2 2016 |
| WES | $965K | 1.90% | 0.01% | +1.6% | Q1 2019 |
| KNTK | $953K | 1.88% | 0.02% | +1.7% | Q4 2023 |
| RSG | $903K | 1.78% | 0.00% | -5.8% | Q2 2016 |
| MPLX | $883K | 1.74% | 0.00% | +1.8% | Q3 2018 |
| PBA | $849K | 1.67% | 0.00% | -18.7% | Q3 2016 |
| RTX | $782K | 1.54% | 0.00% | -0.6% | Q4 2020 |
| ADP | $638K | 1.26% | 0.00% | -0.5% | Q2 2016 |
| WM | $624K | 1.23% | 0.00% | -6.3% | Q2 2016 |
| LMT | $487K | 0.96% | 0.00% | -17.9% | Q2 2016 |
| MCD | $479K | 0.94% | 0.00% | -0.4% | Q2 2016 |
| ECL | $351K | 0.69% | 0.00% | -0.6% | Q4 2018 |
| PAGP | $297K | 0.58% | 0.01% | -23.5% | Q2 2016 |
| PG | $235K | 0.46% | 0.00% | -24.5% | Q2 2016 |
| HSY | $229K | 0.45% | 0.00% | -0.8% | Q2 2016 |
 MKC | $222K | 0.44% | Not reported | -0.5% | Q2 2016 |
| KO | $217K | 0.43% | 0.00% | -15.4% | Q2 2016 |
| JNJ | $203K | 0.40% | 0.00% | Not reported | Q2 2016 |