SL ADVISORS, LLC

Portfolio Overview

SL ADVISORS, LLC disclosed 32 positions worth $57.2M in its Form 13F-HR for Q2 2026, led by $ET (Energy Transfer LP) at 15.8% of the equity portfolio, followed by $NEXT and $WMB. The portfolio is most concentrated in Energy (78.4% of disclosed assets). All figures are sourced directly from SL ADVISORS, LLC’s Form 13F-HR filing with the SEC under CIK 1680365.

• 

  Energy Transfer LP

  $ET

  64.4#543

  Quality

  $9.1M473,898 sh
• 

  NextDecade Corp

  $NEXT

  —

  Quality

  $6.2M825,378 sh
• 

  WILLIAMS COMPANIES, INC.

  $WMB

  64.3#554

  Quality

  $4.8M64,189 sh
• 

  Targa Resources Corp.

  $TRGP

  63.3

  Quality

  $4.7M17,346 sh

• PACER AMERN ENERGY INDEPENDENCE ETF - COM

  —

  Quality

  $4.4M95,782 sh
• 

  Cheniere Energy, Inc.

  $LNG

  66.5

  Quality

  $4.2M17,425 sh
• 

  ONEOK INC /NEW/

  $OKE

  71.7

  Quality

  $3.3M38,114 sh
• 

  ENTERPRISE PRODUCTS PARTNERS L.P.

  $EPD

  61.4

  Quality

  $2.6M71,351 sh
• 

  Kinetik Holdings Inc.

  $KNTK

  59.6

  Quality

  $1.7M34,972 sh
• 

  BERKSHIRE HATHAWAY INC

  $BRK.B

  73.8

  Quality

  $1.7M3,298 sh

Company	Quality	Value	Shares
Energy Transfer LP$ET	64.4#543	$9.1M	473,898
NextDecade Corp$NEXT	—	$6.2M	825,378
WILLIAMS COMPANIES, INC.$WMB	64.3#554	$4.8M	64,189
Targa Resources Corp.$TRGP	63.3	$4.7M	17,346
PACER AMERN ENERGY INDEPENDENCE ETF - COM	—	$4.4M	95,782
Cheniere Energy, Inc.$LNG	66.5	$4.2M	17,425
ONEOK INC /NEW/$OKE	71.7	$3.3M	38,114
ENTERPRISE PRODUCTS PARTNERS L.P.$EPD	61.4	$2.6M	71,351
Kinetik Holdings Inc.$KNTK	59.6	$1.7M	34,972
BERKSHIRE HATHAWAY INC$BRK.B	73.8	$1.7M	3,298

Showing top 10 of 32 holdings.

Full Holdings — SL ADVISORS, LLC (Q2 2026)

All 32 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$ET	Energy Transfer LP	$9.1M	15.8%	+12%	64.4
2	$NEXT	NextDecade Corp	$6.2M	10.9%	-16%	—
3	$WMB	WILLIAMS COMPANIES, INC.	$4.8M	8.3%	-2%	64.3
4	$TRGP	Targa Resources Corp.	$4.7M	8.1%	-1%	63.3
5	—	PACER AMERN ENERGY INDEPENDENCE ETF - COM	$4.4M	7.6%	-0%	—
6	$LNG	Cheniere Energy, Inc.	$4.2M	7.3%	-0%	66.5
7	$OKE	ONEOK INC /NEW/	$3.3M	5.8%	-2%	71.7
8	$EPD	ENTERPRISE PRODUCTS PARTNERS L.P.	$2.6M	4.6%	-1%	61.4
9	$KNTK	Kinetik Holdings Inc.	$1.7M	3.0%	-1%	59.6
10	$BRK.B	BERKSHIRE HATHAWAY INC	$1.7M	2.9%	-8%	73.8
11	$TRP	TC ENERGY CORP	$1.6M	2.9%	-1%	—
12	$ENB	ENBRIDGE INC	$1.5M	2.6%	-1%	66.7
13	$SPY	SPDR S&P 500 ETF TRUST	$1.5M	2.5%	-9%	—
14	$KMI	KINDER MORGAN, INC.	$1.1M	1.9%	-0%	71.3
15	$WES	Western Midstream Partners, LP	$1.0M	1.8%	-1%	71
16	$MPLX	MPLX LP	$964,144	1.7%	-1%	70
17	$PBA	PEMBINA PIPELINE CORP	$932,446	1.6%	-1%	—
18	$RTX	RTX Corp	$761,956	1.3%	-8%	73.2
19	$SOBO	South Bow Corp	$747,934	1.3%	-0%	—
20	$RSG	REPUBLIC SERVICES, INC.	$622,620	1.1%	-25%	62.3
21	$WM	WASTE MANAGEMENT INC	$542,713	0.9%	-13%	67.6
22	$LMT	LOCKHEED MARTIN CORP	$413,172	0.7%	+12%	65.6
23	—	SPDR FUND CONSUMER STAPLES ETF - COM	$403,898	0.7%	+0%	—
24	$PAGP	PLAINS GP HOLDINGS LP	$374,972	0.7%	-1%	55.1
25	$ECL	ECOLAB INC.	$353,556	0.6%	+0%	63.3
26	$MCD	MCDONALDS CORP	$314,911	0.6%	-15%	69
27	$JNJ	JOHNSON & JOHNSON	$272,764	0.5%	+0%	69
28	$ADP	AUTOMATIC DATA PROCESSING INC	$265,605	0.5%	-7%	69.8
29	$KO	COCA COLA CO	$260,795	0.5%	-9%	69.5
30	$MRK	Merck & Co., Inc.	$255,972	0.5%	+0%	59.9
31	$PG	PROCTER & GAMBLE Co	$221,280	0.4%	+0%	64.6
32	$HSY	HERSHEY CO	$211,242	0.4%	+0%	65.7