Sl Advisors 13F annual report

Sl Advisors is an investment fund managing more than $50.6 billion ran by Simon Lack. There are currently 32 companies in Mr. Lack’s portfolio. The largest investments include NextDecade and Energy Transfer L P, together worth $12.3 billion.

Limited to 30 biggest holdings

$50.6 billion Assets Under Management (AUM)

As of 7th August 2024, Sl Advisors’s top holding is 783,699 shares of NextDecade currently worth over $6.22 billion and making up 12.3% of the portfolio value. Relative to the number of outstanding shares of NextDecade, Sl Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 372,488 shares of Energy Transfer L P worth $6.04 billion. The third-largest holding is Spdr Sp 500 Etf Tr worth $5.42 billion and the next is Pacer Fds Tr worth $3.18 billion, with 95,765 shares owned.

Currently, Sl Advisors's portfolio is worth at least $50.6 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Sl Advisors

The Sl Advisors office and employees reside in Westfield, New Jersey. According to the last 13-F report filed with the SEC, Simon Lack serves as the Managing Member and CCO at Sl Advisors.

Recent trades

In the most recent 13F filing, Sl Advisors revealed that it had increased its stake in NextDecade and bought 92,037 additional shares worth around $452 thousand. This means they effectively own approximately 0.1% of the company. NextDecade makes up 29.3% of the fund's Energy sector allocation and has decreased its share price by 8.7% in the past year.

On the other hand, there are companies that Sl Advisors is getting rid of from its portfolio. Sl Advisors closed its position in RTX Corp on 14th August 2024. It sold the previously owned 5,078 shares for $495 million. Simon Lack also disclosed a decreased stake in Energy Transfer L P by approximately 0.1%. This leaves the value of the investment at $6.04 billion and 372,488 shares.

One of the smallest hedge funds

The two most similar investment funds to Sl Advisors are Kirkoswald Asset Management and Trilantic Capital Management L.P.. They manage $50.7 billion and $50.7 billion respectively.


Simon Lack investment strategy

Sl Advisors’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Energy — making up 41.9% of the total portfolio value. The fund focuses on investments in the United States as 43.8% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 50% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $88.7 billion.

The complete list of Sl Advisors trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
NextDecade Corporation
13.31%
783,699
$6,222,570,000 12.30%
Energy Transfer L P
0.99%
372,488
$6,041,755,000 11.94%
Spdr Sp 500 Etf Tr
0.90%
9,952
$5,416,077,000 10.70%
Pacer Fds Tr
1.69%
95,765
$3,176,778,000 6.28%
Cheniere Energy Inc.
2.31%
17,609
$3,078,581,000 6.08%
Oneok Inc.
2.28%
36,690
$2,992,070,000 5.91%
Targa Res Corp
2.39%
22,870
$2,945,199,000 5.82%
Williams Cos Inc
1.83%
68,265
$2,901,263,000 5.73%
Enterprise Prods Partners L
1.69%
70,838
$2,052,885,000 4.06%
Berkshire Hathaway Inc.
1.28%
4,918
$2,000,642,000 3.95%
Enbridge Inc
2.13%
38,674
$1,376,408,000 2.72%
TC Energy Corporation
16.77%
29,564
$1,120,476,000 2.21%
Kinder Morgan Inc
2.69%
48,435
$962,403,000 1.90%
Pembina Pipeline Corporation
1.91%
25,590
$948,877,000 1.88%
Western Midstream Partners L
2.24%
23,225
$922,729,000 1.82%
Enlink Midstream LLC
1.58%
65,275
$898,184,000 1.78%
Kinetik Holdings Inc
2.53%
20,890
$865,682,000 1.71%
Republic Services, Inc.
5.16%
4,451
$865,007,000 1.71%
MPLX LP
2.58%
16,610
$707,420,000 1.40%
Waste Management, Inc.
4.22%
3,222
$687,381,000 1.36%
Lockheed Martin Corp.
10.36%
1,350
$630,585,000 1.25%
Automatic Data Processing In
3.44%
2,301
$549,226,000 1.09%
RTX Corp
Closed
5,078
$495,257,000
Select Sector Spdr Tr
0.05%
6,300
$482,434,000 0.95%
Hershey Company
Closed
2,236
$434,902,000
Mcdonalds Corp
2.90%
1,675
$426,857,000 0.84%
Procter And Gamble Co
Closed
2,450
$397,513,000
Plains Gp Hldgs L P
1.67%
20,603
$387,748,000 0.77%
Johnson & Johnson
Closed
2,418
$382,503,000
Ecolab, Inc.
0.87%
1,388
$330,344,000 0.65%
Pepsico Inc
2.93%
1,988
$327,881,000 0.65%
Merck Co Inc
No change
2,247
$278,179,000 0.55%
Coca-Cola Co
15.62%
4,326
$275,350,000 0.54%
Mccormick Co Inc
3.23%
3,866
$274,254,000 0.54%
Restaurant Brands International Inc
5.90%
3,414
$240,243,000 0.47%
Clorox Co.
Closed
1,472
$225,378,000
Lamb Weston Holdings Inc
7.06%
2,516
$211,545,000 0.42%
Keurig Dr Pepper Inc
Closed
6,621
$203,066,000
No transactions found
Showing first 500 out of 38 holdings