SL Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AMPE	COM	03076C106	4	10,000	SH		SOLE	NONE	0	0	10,000
XLC	COMMUNICATION	81369Y852	228	5,524	SH		SOLE	NONE	0	0	5,524
CAG	COM	205887102	286	13,404	SH		SOLE	NONE	0	0	13,404
GIS	COM	370334104	335	8,595	SH		SOLE	NONE	0	0	8,595
K	COM	487836108	345	6,053	SH		SOLE	NONE	0	0	6,053
UL	SPON ADR NEW	904767704	354	6,778	SH		SOLE	NONE	0	0	6,778
LW	COM	513272104	359	4,879	SH		SOLE	NONE	0	0	4,879
BUD	SPONSORED ADR	03524A108	392	5,955	SH		SOLE	NONE	0	0	5,955
SJM	COM NEW	832696405	421	4,505	SH		SOLE	NONE	0	0	4,505
CL	COM	194162103	445	7,474	SH		SOLE	NONE	0	0	7,474
KHC	COM	500754106	464	10,775	SH		SOLE	NONE	0	0	10,775
CLX	COM	189054109	501	3,253	SH		SOLE	NONE	0	0	3,253
RTN	COM NEW	755111507	503	3,282	SH		SOLE	NONE	0	0	3,282
KMB	COM	494368103	513	4,504	SH		SOLE	NONE	0	0	4,504
KO	COM	191216100	527	11,126	SH		SOLE	NONE	0	0	11,126
ECL	COM	278865100	533	3,620	SH		SOLE	NONE	0	0	3,620
TRP	COM	89353D107	537	15,050	SH		SOLE	NONE	0	0	15,050
SHY	1 3 YR TREAS BD	464287457	543	6,499	SH		SOLE	NONE	0	0	6,499
PG	COM	742718109	556	6,049	SH		SOLE	NONE	0	0	6,049
PEP	COM	713448108	590	5,342	SH		SOLE	NONE	0	0	5,342
TRV	COM	89417E109	597	4,984	SH		SOLE	NONE	0	0	4,984
HSY	COM	427866108	616	5,743	SH		SOLE	NONE	0	0	5,743
JNJ	COM	478160104	633	4,901	SH		SOLE	NONE	0	0	4,901
ADP	COM	053015103	693	5,288	SH		SOLE	NONE	0	0	5,288
MCD	COM	580135101	698	3,928	SH		SOLE	NONE	0	0	3,928
LMT	COM	539830109	734	2,803	SH		SOLE	NONE	0	0	2,803
WM	COM	94106L109	802	9,008	SH		SOLE	NONE	0	0	9,008
MKC	COM NON VTG	579780206	824	5,914	SH		SOLE	NONE	0	0	5,914
BRKB	CL B NEW	084670702	861	4,218	SH		SOLE	NONE	0	0	4,218
RSG	COM	760759100	884	12,269	SH		SOLE	NONE	0	0	12,269
XLP	SBI CONS STPLS	81369Y308	1,259	24,789	SH		SOLE	NONE	0	0	24,789
ENB	COM	29250N105	1,817	58,457	SH		SOLE	NONE	0	0	58,457
IWV	RUSSELL 3000 ETF	464287689	1,954	13,298	SH		SOLE	NONE	0	0	13,298
USAI	AMERN ENERGY	26922A552	3,741	182,640	SH		SOLE	NONE	0	0	182,640
WGP	COMUNT LTD PT	95825R103	358	1,288	SH		DFND	1	0	0	1,288
CEQP	UNIT LTD PARTNER	226344208	36	1,304	SH		DFND	1	0	0	1,304
NS	UNIT COM	67058H102	45	2,136	SH		DFND	1	0	0	2,136
MMP	COM UNIT RP LP	559080106	225	3,944	SH		DFND	1	0	0	3,944
LNG	COM NEW	16411R208	357	6,024	SH		DFND	1	0	0	6,024
TRGP	COM	87612G101	335	9,312	SH		DFND	1	0	0	9,312
TGE	CLASS A SHS	874696107	252	10,336	SH		DFND	1	0	0	10,336
OKE	COM	682680103	599	11,112	SH		DFND	1	0	0	11,112
PAGP	LTD PARTNR INT A	72651A207	228	11,360	SH		DFND	1	0	0	11,360
SEMG	CL A	81663A105	163	11,848	SH		DFND	1	0	0	11,848
ETRN	COM	294600101	261	13,056	SH		DFND	1	0	0	13,056
AMGP	COM SHS REPSTG	03675Y103	166	14,832	SH		DFND	1	0	0	14,832
TRP.TO	COM	89353D107	577	16,160	SH		DFND	1	0	0	16,160
ENLC	COM UNIT REP LTD	29336T100	158	16,688	SH		DFND	1	0	0	16,688
ENB.TO	COM	29250N105	607	19,528	SH		DFND	1	0	0	19,528
AROC	COM	03957W106	167	22,328	SH		DFND	1	0	0	22,328
EPD	COM	293792107	590	23,976	SH		DFND	1	0	0	23,976
TELL	COM	87968A104	187	26,888	SH		DFND	1	0	0	26,888
ET	COM UT LTD PTN	29273V100	365	27,664	SH		DFND	1	0	0	27,664
WMB	COM	969457100	612	27,744	SH		DFND	1	0	0	27,744
KMI	COM	49456B101	599	38,968	SH		DFND	1	0	0	38,968
WGP	COMUNT LTD PT	95825R104	36	12,928	SH		SOLE	NONE	0	0	12,928
CEQP	UNIT LTD PARTNER	226344208	1,433	51,344	SH		SOLE	NONE	0	0	51,344
NS	UNIT COM	67058H102	687	32,831	SH		SOLE	NONE	0	0	32,831
MMP	COM UNIT RP LP	559080106	1,359	23,818	SH		SOLE	NONE	0	0	23,818
LNG	COM NEW	16411R208	801	13,531	SH		SOLE	NONE	0	0	13,531
MIC	COM	55608B105	228	6,240	SH		SOLE	NONE	0	0	6,240
TRGP	COM	87612G101	552	15,311	SH		SOLE	NONE	0	0	15,311
TGE	CLASS A SHS	874696107	585	24,014	SH		SOLE	NONE	0	0	24,014
OKE	COM	682680103	1,572	29,136	SH		SOLE	NONE	0	0	29,136
PAGP	LTD PARTNR INT A	72651A207	1,037	51,594	SH		SOLE	NONE	0	0	51,594
SEMG	CL A	81663A105	402	29,139	SH		SOLE	NONE	0	0	29,139
ENLC	COM UNIT REP LTD	29336T100	686	72,240	SH		SOLE	NONE	0	0	72,240
AROC	COM	03957W106	15	1,993	SH		SOLE	NONE	0	0	1,993
EPD	COM	293792107	1,997	81,231	SH		SOLE	NONE	0	0	81,231
TELL	COM	87968A104	180	25,880	SH		SOLE	NONE	0	0	25,880
ET	COM UT LTD PTN	29273V100	1,606	121,571	SH		SOLE	NONE	0	0	121,571
WMB	COM	969457100	1,671	75,787	SH		SOLE	NONE	0	0	75,787
KMI	COM	49456B101	1,344	87,417	SH		SOLE	NONE	0	0	87,417
IGSB	SH TR CRPORT ETF	464288646	982	19,018	SH		SOLE	NONE	0	0	19,018