MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Dec 7, 2015

Total Value: $149M

Holdings (39)

BRK/B BERKSHIRE HATHAWAY B NEW CLASS 10.8%

Value $16.05M Shares 116,220 Est. Cost $110.12 Unrealized +21.0%

MSFT MICROSOFT CORP 5.7%

Value $8.457M Shares 182,425 Est. Cost $26.70 Unrealized +41.0%

— HOWARD HUGHES CORP 5.0%

Value $7.408M Shares 49,391 Est. Cost $112.07 Unrealized —

— WISDOMTREE JPN HDGD EQTY JAPAN 4.8%

Value $7.084M Shares 135,402 Est. Cost $48.81 Unrealized —

BAC BANK OF AMERICA CORP 4.3%

Value $6.38M Shares 374,220 Est. Cost $10.28 Unrealized +22.2%

— YAHOO INC 4.1%

Value $6.154M Shares 151,020 Est. Cost $27.10 Unrealized —

AIG AMERICAN INTL GROUP NEW 4.1%

Value $6.149M Shares 113,831 Est. Cost $32.58 Unrealized +28.3%

— MEDTRONIC INC 4.0%

Value $5.941M Shares 95,915 Est. Cost $51.96 Unrealized —

— MEDTRONIC PLC F 4.0%

Value $5.941M Shares 95,915 Est. Cost $53.24 Unrealized —

MKL MARKEL CORP HOLDING COMPANY 3.9%

Value $5.856M Shares 9,206 Est. Cost $526.07 Unrealized +22.6%

GLW CORNING INC 3.9%

Value $5.816M Shares 300,745 Est. Cost $10.49 Unrealized +47.5%

DDS DILLARDS INC CL A 3.8%

Value $5.612M Shares 51,500 Est. Cost $59.94 Unrealized +43.9%

— HARRIS CORPORATION 3.5%

Value $5.149M Shares 77,550 Est. Cost $49.25 Unrealized —

— CISCO SYSTEMS INC 3.4%

Value $5.089M Shares 202,210 Est. Cost $24.33 Unrealized —

GVAL CAMBRIA GLOBAL VALUE ETF 2.7%

Value $4.042M Shares 177,925 Est. Cost $22.72 Unrealized —

— LEUCADIA NATIONAL CORP 2.6%

Value $3.894M Shares 163,360 Est. Cost $26.22 Unrealized —

— SPDR GOLD TRUST SPDR GOLD SHAR 2.4%

Value $3.608M Shares 31,053 Est. Cost $119.09 Unrealized —

— VODAFONE GROUP NEW ADR F SPONS 2.3%

Value $3.48M Shares 105,830 Est. Cost $35.18 Unrealized —

— ABBVIE INC 2.3%

Value $3.47M Shares 60,090 Est. Cost $41.33 Unrealized —

CVX CHEVRON CORPORATION 2.2%

Value $3.316M Shares 27,792 Est. Cost $71.30 Unrealized +10.1%

AAPL APPLE INC 2.2%

Value $3.238M Shares 32,144 Est. Cost $17.88 Unrealized +20.9%

— H C P INC REIT 1.9%

Value $2.811M Shares 70,810 Est. Cost $45.43 Unrealized —

— GOOGLE INC CLASS A VTG VOTING 1.8%

Value $2.683M Shares 4,561 Est. Cost $880.27 Unrealized —

— ALPHABET INC CLASS A 1.8%

Value $2.683M Shares 4,561 Est. Cost $875.83 Unrealized —

— VERIZON COMMUNICATIONS 1.8%

Value $2.64M Shares 52,821 Est. Cost $47.57 Unrealized —

— GOOGLE INC CL C NON VTG NON VO 1.8%

Value $2.614M Shares 4,528 Est. Cost $575.08 Unrealized —

— ALPHABET INC CLASS C 1.8%

Value $2.614M Shares 4,528 Est. Cost $575.08 Unrealized —

ABT ABBOTT LABORATORIES 1.7%

Value $2.499M Shares 60,090 Est. Cost $28.85 Unrealized +18.3%

IGSB ISHARES 1-3 YEAR CREDIT BOND E 1.3%

Value $1.97M Shares 18,720 Est. Cost $104.99 Unrealized —

— BIG 5 SPORTING GOODS CP 0.9%

Value $1.413M Shares 150,870 Est. Cost $16.10 Unrealized —

— SEARS HOLDINGS CORP 0.9%

Value $1.373M Shares 54,439 Est. Cost $59.48 Unrealized —

— LANDS END INC NEW 0.5%

Value $672K Shares 16,344 Est. Cost $33.53 Unrealized —

— GLOBAL X ETF SUPERDIVIDEND ETF 0.4%

Value $667K Shares 27,860 Est. Cost $22.96 Unrealized —

IGIB ISHARES INTERM CREDIT BOND ETF 0.4%

Value $588K Shares 5,385 Est. Cost $107.63 Unrealized —

— TESLA MOTORS INC 0.3%

Value $470K Shares 1,940 Est. Cost $107.20 Unrealized —

ARAY ACCURAY INC 0.2%

Value $363K Shares 50,000 Est. Cost $5.05 Unrealized +60.5%

— LINKEDIN CORP 0.2%

Value $357K Shares 1,720 Est. Cost $177.91 Unrealized —

— SOLAR SENIOR CAPITAL 0.2%

Value $338K Shares 22,025 Est. Cost $18.36 Unrealized —

— CRIMSON WINE GROUP 0.1%

Value $149K Shares 16,323 Est. Cost $8.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY B NEW CLASS	116,220	$16.05M	10.8%	$110.12	+21.0%	—	084670702
MSFT	MICROSOFT CORP	182,425	$8.457M	5.7%	$26.70	+41.0%	—	594918104
—	HOWARD HUGHES CORP	49,391	$7.408M	5.0%	$112.07	—	—	44267d107
—	WISDOMTREE JPN HDGD EQTY JAPAN	135,402	$7.084M	4.8%	$48.81	—	—	97717w851
BAC	BANK OF AMERICA CORP	374,220	$6.38M	4.3%	$10.28	+22.2%	—	060505104
—	YAHOO INC	151,020	$6.154M	4.1%	$27.10	—	—	984332106
AIG	AMERICAN INTL GROUP NEW	113,831	$6.149M	4.1%	$32.58	+28.3%	—	026874784
—	MEDTRONIC INC	95,915	$5.941M	4.0%	$51.96	—	—	585055106
—	MEDTRONIC PLC F	95,915	$5.941M	4.0%	$53.24	—	—	g5960l103
MKL	MARKEL CORP HOLDING COMPANY	9,206	$5.856M	3.9%	$526.07	+22.6%	—	570535104
GLW	CORNING INC	300,745	$5.816M	3.9%	$10.49	+47.5%	—	219350105
DDS	DILLARDS INC CL A	51,500	$5.612M	3.8%	$59.94	+43.9%	—	254067101
—	HARRIS CORPORATION	77,550	$5.149M	3.5%	$49.25	—	—	413875105
—	CISCO SYSTEMS INC	202,210	$5.089M	3.4%	$24.33	—	—	17275r102
GVAL	CAMBRIA GLOBAL VALUE ETF	177,925	$4.042M	2.7%	$22.72	—	—	132061409
—	LEUCADIA NATIONAL CORP	163,360	$3.894M	2.6%	$26.22	—	—	527288104
—	SPDR GOLD TRUST SPDR GOLD SHAR	31,053	$3.608M	2.4%	$119.09	—	—	78463v107
—	VODAFONE GROUP NEW ADR F SPONS	105,830	$3.48M	2.3%	$35.18	—	—	92857w308
—	ABBVIE INC	60,090	$3.47M	2.3%	$41.33	—	—	00287y109
CVX	CHEVRON CORPORATION	27,792	$3.316M	2.2%	$71.30	+10.1%	—	166764100
AAPL	APPLE INC	32,144	$3.238M	2.2%	$17.88	+20.9%	—	037833100
—	H C P INC REIT	70,810	$2.811M	1.9%	$45.43	—	—	40414l109
—	GOOGLE INC CLASS A VTG VOTING	4,561	$2.683M	1.8%	$880.27	—	—	38259p508
—	ALPHABET INC CLASS A	4,561	$2.683M	1.8%	$875.83	—	—	02079k305
—	VERIZON COMMUNICATIONS	52,821	$2.64M	1.8%	$47.57	—	—	92343v104
—	GOOGLE INC CL C NON VTG NON VO	4,528	$2.614M	1.8%	$575.08	—	—	38259p706
—	ALPHABET INC CLASS C	4,528	$2.614M	1.8%	$575.08	—	—	02079k107
ABT	ABBOTT LABORATORIES	60,090	$2.499M	1.7%	$28.85	+18.3%	—	002824100
IGSB	ISHARES 1-3 YEAR CREDIT BOND E	18,720	$1.97M	1.3%	$104.99	—	—	464288646
—	BIG 5 SPORTING GOODS CP	150,870	$1.413M	0.9%	$16.10	—	—	08915p101
—	SEARS HOLDINGS CORP	54,439	$1.373M	0.9%	$59.48	—	—	812350106
—	LANDS END INC NEW	16,344	$672K	0.5%	$33.53	—	—	51509f105
—	GLOBAL X ETF SUPERDIVIDEND ETF	27,860	$667K	0.4%	$22.96	—	—	37950e549
IGIB	ISHARES INTERM CREDIT BOND ETF	5,385	$588K	0.4%	$107.63	—	—	464288638
—	TESLA MOTORS INC	1,940	$470K	0.3%	$107.20	—	—	88160r101
ARAY	ACCURAY INC	50,000	$363K	0.2%	$5.05	+60.5%	—	004397105
—	LINKEDIN CORP	1,720	$357K	0.2%	$177.91	—	—	53578a108
—	SOLAR SENIOR CAPITAL	22,025	$338K	0.2%	$18.36	—	—	83416m105
—	CRIMSON WINE GROUP	16,323	$149K	0.1%	$8.50	—	—	22662x100