SL ADVISORS, LLC Long-Term Concentrated

CIK: 0001680365 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 22, 2025

Total Value ($000): $55,516 (100.0% shares, 0.0% debt)

Holdings (31)

NEXT NEXTDECADE 15.4%

Value ($000) $8,556 Shares 960,279 Est. Cost $5.27 Unrealized +47.3%

ET ENERGY TRANSFER LP 12.4%

Value ($000) $6,869 Shares 378,868 Est. Cost $10.88 Unrealized —

LNG CHENIERE ENERGY INC 8.0%

Value ($000) $4,434 Shares 18,209 Est. Cost $71.91 Unrealized +222.1%

WMB WILLIAMS COMPANIES 7.8%

Value ($000) $4,331 Shares 68,949 Est. Cost $18.91 Unrealized +205.0%

OKE ONEOK INC 6.9%

Value ($000) $3,815 Shares 46,733 Est. Cost $51.97 Unrealized +55.2%

USAI PACER AMERN ENERGY INDEPENDENCE ETF 6.9%

Value ($000) $3,805 Shares 93,465 Est. Cost $27.49 Unrealized —

TRGP TARGA RESOURCES CORP 5.8%

Value ($000) $3,198 Shares 18,371 Est. Cost $37.65 Unrealized +339.7%

EPD ENTERPRISE PRODS PART LP 4.1%

Value ($000) $2,266 Shares 73,064 Est. Cost $26.97 Unrealized —

ENB ENBRIDGE INC F 3.0%

Value ($000) $1,679 Shares 37,044 Est. Cost $24.97 Unrealized +75.3%

BRK/B BERKSHIRE HATHAWAY CLASS B 2.7%

Value ($000) $1,523 Shares 3,136 Est. Cost $165.93 Unrealized +206.1%

TRP TC ENERGY CORP F 2.6%

Value ($000) $1,456 Shares 29,849 Est. Cost $33.29 Unrealized +45.6%

KMI KINDER MORGAN INC 2.5%

Value ($000) $1,396 Shares 47,472 Est. Cost $12.50 Unrealized +114.2%

SPY SPDR S&P 500 ETF 2.4%

Value ($000) $1,327 Shares 2,147 Est. Cost $399.90 Unrealized —

RSG REPUBLIC SERVICES 1.9%

Value ($000) $1,030 Shares 4,177 Est. Cost $47.77 Unrealized +413.1%

PBA PEMBINA PIPELINE CO F 1.7%

Value ($000) $969 Shares 25,827 Est. Cost $25.79 Unrealized +44.7%

KNTK KINETIK HOLDINGS 1.7%

Value ($000) $966 Shares 21,927 Est. Cost $35.01 Unrealized +25.4%

WES WESTERN MIDSTREAM PAR LP 1.7%

Value ($000) $936 Shares 24,177 Est. Cost $32.71 Unrealized —

MPLX MPLX, LP 1.6%

Value ($000) $895 Shares 17,375 Est. Cost $35.96 Unrealized —

NFE New Fortress Energy 1.4%

Value ($000) $795 Shares 239,399 Est. Cost $9.33 Unrealized -53.4%

WM WASTE MANAGEMENT INC 1.2%

Value ($000) $690 Shares 3,016 Est. Cost $153.98 Unrealized +49.1%

RTX RAYTHEON TECHNOLOGIES CO 1.2%

Value ($000) $687 Shares 4,702 Est. Cost $131.75 Unrealized 0.0%

ADP AUTO DATA PROCESSING 1.2%

Value ($000) $674 Shares 2,184 Est. Cost $85.94 Unrealized +251.8%

LMT KINETIK HOLDINGS 1.0%

Value ($000) $550 Shares 1,188 Est. Cost $207.71 Unrealized +121.0%

MCD MCDONALDS CORP 0.8%

Value ($000) $463 Shares 1,583 Est. Cost $115.23 Unrealized +163.4%

PAGP PLAINS GP HLDGS 0.7%

Value ($000) $414 Shares 21,282 Est. Cost $21.88 Unrealized —

XLP SPDR FUND CONSUMER STAPLES ETF 0.7%

Value ($000) $393 Shares 4,853 Est. Cost $67.29 Unrealized —

ECL ECOLAB INC 0.6%

Value ($000) $347 Shares 1,288 Est. Cost $176.78 Unrealized +42.7%

PG PROCTER & GAMBLE 0.6%

Value ($000) $323 Shares 2,026 Est. Cost $164.23 Unrealized -2.1%

KO THE COCA-COLA CO 0.5%

Value ($000) $274 Shares 3,872 Est. Cost $35.53 Unrealized +96.4%

MKC MC CORMICK & CO INC 0.5%

Value ($000) $253 Shares 3,338 Est. Cost $63.71 Unrealized +15.2%

HSY HERSHEY CO 0.4%

Value ($000) $205 Shares 1,233 Est. Cost $186.05 Unrealized -13.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NEXT	NEXTDECADE	960,279	$8,556	15.4%	$5.27	+47.3%	COM	65342K105
ET	ENERGY TRANSFER LP	378,868	$6,869	12.4%	$10.88	—	COM	29273V100
LNG	CHENIERE ENERGY INC	18,209	$4,434	8.0%	$71.91	+222.1%	COM NEW	16411R208
WMB	WILLIAMS COMPANIES	68,949	$4,331	7.8%	$18.91	+205.0%	COM	969457100
OKE	ONEOK INC	46,733	$3,815	6.9%	$51.97	+55.2%	COM	682680103
USAI	PACER AMERN ENERGY INDEPENDENCE ETF	93,465	$3,805	6.9%	$27.49	—	COM	69374H634
TRGP	TARGA RESOURCES CORP	18,371	$3,198	5.8%	$37.65	+339.7%	COM	87612G101
EPD	ENTERPRISE PRODS PART LP	73,064	$2,266	4.1%	$26.97	—	COM	293792107
ENB	ENBRIDGE INC F	37,044	$1,679	3.0%	$24.97	+75.3%	COM	29250N105
BRK/B	BERKSHIRE HATHAWAY CLASS B	3,136	$1,523	2.7%	$165.93	+206.1%	CL B NEW	084670702
TRP	TC ENERGY CORP F	29,849	$1,456	2.6%	$33.29	+45.6%	COM	87807B107
KMI	KINDER MORGAN INC	47,472	$1,396	2.5%	$12.50	+114.2%	COM	49456B101
SPY	SPDR S&P 500 ETF	2,147	$1,327	2.4%	$399.90	—	TR UNIT	78462F103
RSG	REPUBLIC SERVICES	4,177	$1,030	1.9%	$47.77	+413.1%	COM	760759100
PBA	PEMBINA PIPELINE CO F	25,827	$969	1.7%	$25.79	+44.7%	COM	706327103
KNTK	KINETIK HOLDINGS	21,927	$966	1.7%	$35.01	+25.4%	COM	02215L209
WES	WESTERN MIDSTREAM PAR LP	24,177	$936	1.7%	$32.71	—	COM UNIT LP INT	958669103
MPLX	MPLX, LP	17,375	$895	1.6%	$35.96	—	COM	55336V100
NFE	New Fortress Energy	239,399	$795	1.4%	$9.33	-53.4%	COM	644393100
WM	WASTE MANAGEMENT INC	3,016	$690	1.2%	$153.98	+49.1%	COM	94106L109
RTX	RAYTHEON TECHNOLOGIES CO	4,702	$687	1.2%	$131.75	0.0%	COM	75513E101
ADP	AUTO DATA PROCESSING	2,184	$674	1.2%	$85.94	+251.8%	COM	053015103
LMT	KINETIK HOLDINGS	1,188	$550	1.0%	$207.71	+121.0%	COM	539830109
MCD	MCDONALDS CORP	1,583	$463	0.8%	$115.23	+163.4%	COM	580135101
PAGP	PLAINS GP HLDGS	21,282	$414	0.7%	$21.88	—	LTD PARTNR INT A	72651A207
XLP	SPDR FUND CONSUMER STAPLES ETF	4,853	$393	0.7%	$67.29	—	COM	81369Y308
ECL	ECOLAB INC	1,288	$347	0.6%	$176.78	+42.7%	COM	278865100
PG	PROCTER & GAMBLE	2,026	$323	0.6%	$164.23	-2.1%	COM	742718109
KO	THE COCA-COLA CO	3,872	$274	0.5%	$35.53	+96.4%	COM	191216100
MKC	MC CORMICK & CO INC	3,338	$253	0.5%	$63.71	+15.2%	COM NON VTG	579780206
HSY	HERSHEY CO	1,233	$205	0.4%	$186.05	-13.1%	COM	427866108