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SL ADVISORS, LLC

SEC Form 13F institutional filer · CIK 0001680365

13F-HR · 21 reported holdings · 2026-03-31

Reported long-US-equity value

$0.03B

Top-10 concentration

85.1%

SL ADVISORS, LLC — $25.1M AUM allocation strategy

SL ADVISORS, LLC files SEC Form 13F and reports $25.1M of long US equity value across 21 reported holdings for 2026-03-31.

Its largest sector bet is Energy 59.1%, followed by Financials 13.7% and Industrials 12.1%.

The top 10 holdings account for 85% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.

SL ADVISORS, LLC — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$25.1M

total across 21 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

85% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$BRK.B$KO$XLP

+$BRK.B +464 sh · −$1.42M+$KO +229 sh · −$193K+$XLP +2 sh · −$356K

Biggest trims (shares)

$BX$WMB$ADP

−$BX −1K sh · −$906K−$WMB −876 sh · −$3.22M−$ADP −728 sh · −$774K

Added from nil (new positions)

None this quarter

Exited to nil (held last quarter, gone now)

None this quarter

Sector allocation (share of reported value)

Energy 59%Financials 14%Industrials 12%ETFs 7%Consumer Staples 2%Health Care 2%Consumer Discretionary 2%Materials 1%Other holdings 1%SECTORS
  • $XLEEnergy59.1%
  • $XLFFinancials13.7%
  • $XLIIndustrials12.1%
  • ETFs7.1%
  • $XLPConsumer Staples2.1%
  • $XLVHealth Care2.0%
  • $XLYConsumer Discretionary1.7%
  • $XLBMaterials1.4%
  • Other holdings0.9%

each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Industry allocation (share of reported value)

Oil & Gas Storage & Transportation 55%Multi-Sector Holdings 7%Asset Management & Custody Banks 7%Environmental & Facilities Services 6%Aerospace & Defense 5%Oil & Gas Refining & Marketing 4%Pharmaceuticals 2%Restaurants 2%Other holdings 12%INDUSTRIES
  • Oil & Gas Storage & Transportation55.2%
  • Multi-Sector Holdings6.8%
  • Asset Management & Custody Banks6.8%
  • Environmental & Facilities Services5.9%
  • Aerospace & Defense5.1%
  • Oil & Gas Refining & Marketing4.0%
  • Pharmaceuticals2.0%
  • Restaurants1.7%
  • Other holdings12.5%

the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”

Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.

Top S&P 500 holdings

9 of 9 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$WMBWilliams Companies Inc65.7K$4.78M-87619.1%
$TRGPTarga Resources Inc17.4K$4.37M-45717.4%
$OKEONEOK Inc39K$3.52M-55014.1%
$BRK.BBerkshire Hathaway Inc.-Class B3.59K$1.72M+4646.9%
$BXBlackstone Inc35.2K$1.7M-1K6.8%
$KMIKinder Morgan Inc34.9K$1.17M-3054.7%
$MPCMarathon Petroleum Corporation17.2K$983K+03.9%
$RSGRepublic Services Inc3.89K$852K-483.4%
$RTXRTX Corporation4.35K$839K-3503.3%

…and 12 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

← All 13F filers·← QuantOrb.pro

How to read Δ QoQ — the five insight categories, and the caveats

The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.

Conviction & concentration shifts

New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.

Sector & macro allocation rotations

Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.

Crowding & smart-money consensus

When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.

Derivative & option overlays

Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.

Who reads this

Retail "cloners"High-conviction ideas to replicate ~45 days after quarter-end.
Corporate IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-sectional factor inputs: flow, momentum, ownership.

Four caveats before you trade on it

  • 45-day lag — holdings are quarter-end; positions may already be closed.
  • Long-only — 13Fs miss shorts, pair trades and cash.
  • No non-US / fixed income — the picture is US equities plus options.
  • Corporate actions — splits and spinoffs distort raw share deltas.

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