SL ADVISORS, LLC Long-Term Concentrated

Location: Naples, FL

CIK: 0001680365 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: Apr 15, 2026

Total Value: $59.07M (100.0% shares, 0.0% debt)

Holdings (32)

ET ENERGY TRANSFER LP 13.9%

Value $8.202M Shares 424,978 Est. Cost $11.77 Unrealized —

NEXT NEXTDECADE 12.8%

Value $7.56M Shares 986,992 Est. Cost $5.26 Unrealized -1.1%

LNG CHENIERE ENERGY INC 8.4%

Value $4.968M Shares 17,506 Est. Cost $73.91 Unrealized +183.8%

WMB WILLIAMS COMPANIES 8.1%

Value $4.783M Shares 65,722 Est. Cost $18.91 Unrealized +250.9%

USAI PACER AMERN ENERGY INDEPENDENCE ETF 7.6%

Value $4.506M Shares 95,895 Est. Cost $28.87 Unrealized —

TRGP TARGA RESOURCES CORP 7.4%

Value $4.372M Shares 17,438 Est. Cost $37.65 Unrealized +435.7%

OKE ONEOK INC 6.0%

Value $3.525M Shares 38,995 Est. Cost $51.97 Unrealized +51.1%

EPD ENTERPRISE PRODS PART LP 4.6%

Value $2.715M Shares 71,745 Est. Cost $27.02 Unrealized —

BRK/B BERKSHIRE HATHAWAY 2.9%

Value $1.719M Shares 3,588 Est. Cost $208.29 Unrealized +136.9%

KNTK KINETIK HOLDINGS 2.9%

Value $1.704M Shares 35,197 Est. Cost $35.51 Unrealized +13.4%

TRP TC ENERGY CORP F 2.6%

Value $1.548M Shares 24,735 Est. Cost $33.29 Unrealized +74.9%

ENB ENBRIDGE INC F 2.6%

Value $1.519M Shares 28,066 Est. Cost $24.97 Unrealized +94.5%

SPY SPDR S&P 500 ETF 2.4%

Value $1.396M Shares 2,147 Est. Cost $399.90 Unrealized —

KMI KINDER MORGAN INC 2.0%

Value $1.169M Shares 34,854 Est. Cost $12.50 Unrealized +138.0%

MPLX MPLX, LP 1.7%

Value $983K Shares 17,229 Est. Cost $36.20 Unrealized —

WES WESTERN MIDSTREAM PAR LP 1.6%

Value $972K Shares 23,602 Est. Cost $32.81 Unrealized —

PBA PEMBINA PIPELINE CO F 1.5%

Value $908K Shares 20,294 Est. Cost $25.79 Unrealized +59.0%

RSG REPUBLIC SERVICES 1.4%

Value $852K Shares 3,892 Est. Cost $47.77 Unrealized +353.4%

RTX RAYTHEON TECHNOLOGIES CO 1.4%

Value $839K Shares 4,347 Est. Cost $131.75 Unrealized +49.2%

SOBO SOUTH BOW CORP F 1.2%

Value $710K Shares 21,318 Est. Cost $27.16 Unrealized +4.8%

WM WASTE MANAGEMENT INC 1.1%

Value $643K Shares 2,797 Est. Cost $153.98 Unrealized +46.8%

LMT KINETIK HOLDINGS 0.7%

Value $438K Shares 724 Est. Cost $207.71 Unrealized +189.3%

MCD MCDONALDS CORP 0.7%

Value $427K Shares 1,373 Est. Cost $115.23 Unrealized +175.3%

XLP SPDR FUND CONSUMER STAPLES ETF 0.7%

Value $398K Shares 4,860 Est. Cost $67.29 Unrealized —

PAGP PLAINS GP HLDGS 0.6%

Value $378K Shares 15,565 Est. Cost $21.88 Unrealized —

ECL ECOLAB INC 0.6%

Value $338K Shares 1,269 Est. Cost $176.78 Unrealized +61.9%

KO THE COCA-COLA CO 0.5%

Value $268K Shares 3,529 Est. Cost $38.08 Unrealized +96.3%

JNJ JOHNSON & JOHNSON 0.4%

Value $263K Shares 1,074 Est. Cost $169.51 Unrealized +34.4%

ADP AUTO DATA PROCESSING 0.4%

Value $260K Shares 1,282 Est. Cost $85.94 Unrealized +180.2%

HSY HERSHEY CO 0.4%

Value $250K Shares 1,204 Est. Cost $186.05 Unrealized +10.0%

MRK MERCK & CO. INC. 0.4%

Value $240K Shares 1,992 Est. Cost $93.24 Unrealized +22.6%

PG PROCTER & GAMBLE 0.4%

Value $218K Shares 1,509 Est. Cost $164.23 Unrealized -7.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ET	ENERGY TRANSFER LP	424,978	$8.202M	13.9%	$11.77	—	COM UT LTD PTN	29273V100
NEXT	NEXTDECADE	986,992	$7.56M	12.8%	$5.26	-1.1%	COM	65342K105
LNG	CHENIERE ENERGY INC	17,506	$4.968M	8.4%	$73.91	+183.8%	COM NEW	16411R208
WMB	WILLIAMS COMPANIES	65,722	$4.783M	8.1%	$18.91	+250.9%	COM	969457100
USAI	PACER AMERN ENERGY INDEPENDENCE ETF	95,895	$4.506M	7.6%	$28.87	—	COM	69374H634
TRGP	TARGA RESOURCES CORP	17,438	$4.372M	7.4%	$37.65	+435.7%	COM NEW	87612G101
OKE	ONEOK INC	38,995	$3.525M	6.0%	$51.97	+51.1%	COM	682680103
EPD	ENTERPRISE PRODS PART LP	71,745	$2.715M	4.6%	$27.02	—	COM	293792107
BRK/B	BERKSHIRE HATHAWAY	3,588	$1.719M	2.9%	$208.29	+136.9%	CL B NEW	084670702
KNTK	KINETIK HOLDINGS	35,197	$1.704M	2.9%	$35.51	+13.4%	TR UNIT	02215L209
TRP	TC ENERGY CORP F	24,735	$1.548M	2.6%	$33.29	+74.9%	COM	87807B107
ENB	ENBRIDGE INC F	28,066	$1.519M	2.6%	$24.97	+94.5%	COM	29250N105
SPY	SPDR S&P 500 ETF	2,147	$1.396M	2.4%	$399.90	—	COM	78462F103
KMI	KINDER MORGAN INC	34,854	$1.169M	2.0%	$12.50	+138.0%	COM NEW CL A	49456B101
MPLX	MPLX, LP	17,229	$983K	1.7%	$36.20	—	COM	55336V100
WES	WESTERN MIDSTREAM PAR LP	23,602	$972K	1.6%	$32.81	—	COM UNIT LP INT	958669103
PBA	PEMBINA PIPELINE CO F	20,294	$908K	1.5%	$25.79	+59.0%	COM UNIT REP LTD	706327103
RSG	REPUBLIC SERVICES	3,892	$852K	1.4%	$47.77	+353.4%	COM	760759100
RTX	RAYTHEON TECHNOLOGIES CO	4,347	$839K	1.4%	$131.75	+49.2%	COM	75513E101
SOBO	SOUTH BOW CORP F	21,318	$710K	1.2%	$27.16	+4.8%	COM	83671M105
WM	WASTE MANAGEMENT INC	2,797	$643K	1.1%	$153.98	+46.8%	COM	94106L109
LMT	KINETIK HOLDINGS	724	$438K	0.7%	$207.71	+189.3%	COM	539830109
MCD	MCDONALDS CORP	1,373	$427K	0.7%	$115.23	+175.3%	COM	580135101
XLP	SPDR FUND CONSUMER STAPLES ETF	4,860	$398K	0.7%	$67.29	—	COM	81369Y308
PAGP	PLAINS GP HLDGS	15,565	$378K	0.6%	$21.88	—	SBI CONS STPLS	72651A207
ECL	ECOLAB INC	1,269	$338K	0.6%	$176.78	+61.9%	COM	278865100
KO	THE COCA-COLA CO	3,529	$268K	0.5%	$38.08	+96.3%	COM	191216100
JNJ	JOHNSON & JOHNSON	1,074	$263K	0.4%	$169.51	+34.4%	LTD PARTNR INT A	478160104
ADP	AUTO DATA PROCESSING	1,282	$260K	0.4%	$85.94	+180.2%	COM	053015103
HSY	HERSHEY CO	1,204	$250K	0.4%	$186.05	+10.0%	COM	427866108
MRK	MERCK & CO. INC.	1,992	$240K	0.4%	$93.24	+22.6%	COM	58933Y105
PG	PROCTER & GAMBLE	1,509	$218K	0.4%	$164.23	-7.6%	COM	742718109