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.
$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 | |||
Hedge funds similar to Sl Advisors
- Lion Point Capital, L.P.
- Center Lake Capital Management
- Velt Partners Investimentos Ltda
- Alerce Investment Management, L.P.
- Sonen Capital
- Trilantic Capital Management L.P.
- Kirkoswald Asset Management
- New Silk Road Investment Pte Ltd
- Atonra Partners
- Tamarack Advisers, L.P.
- Steel Canyon Capital
- New Jersey Better Educational Savings Trust
- Berylson Capital Partners
- Windsor Advisory