MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: Dec 7, 2015

Total Value: $145M

Holdings (39)

BRK/B BERKSHIRE HATHAWAY B NEW CLASS 11.5%

Value $16.72M Shares 115,833 Est. Cost $110.12 Unrealized +33.6%

— HOWARD HUGHES CORP 5.6%

Value $8.07M Shares 52,058 Est. Cost $114.31 Unrealized —

— MEDTRONIC PLC F 5.2%

Value $7.515M Shares 96,361 Est. Cost $53.51 Unrealized —

— WISDOMTREE JPN HDGD EQTY JAPAN 5.2%

Value $7.495M Shares 135,983 Est. Cost $48.81 Unrealized —

MKL MARKEL CORP HOLDING COMPANY 4.9%

Value $7.075M Shares 9,202 Est. Cost $526.07 Unrealized +37.4%

DDS DILLARDS INC CL A 4.7%

Value $6.822M Shares 49,975 Est. Cost $59.94 Unrealized +54.6%

— YAHOO INC 4.6%

Value $6.646M Shares 149,577 Est. Cost $27.33 Unrealized —

AIG AMERICAN INTL GROUP NEW 4.3%

Value $6.244M Shares 113,978 Est. Cost $32.58 Unrealized +26.5%

— HARRIS CORPORATION 4.3%

Value $6.18M Shares 78,473 Est. Cost $49.48 Unrealized —

BAC BANK OF AMERICA CORP 4.0%

Value $5.858M Shares 380,670 Est. Cost $10.31 Unrealized +23.7%

MSFT MICROSOFT CORP 3.9%

Value $5.699M Shares 140,184 Est. Cost $26.70 Unrealized +39.5%

— CISCO SYSTEMS INC 3.8%

Value $5.543M Shares 201,413 Est. Cost $24.33 Unrealized —

— ABBVIE INC 3.4%

Value $4.918M Shares 84,016 Est. Cost $46.39 Unrealized —

GLW CORNING INC 2.8%

Value $4.113M Shares 181,375 Est. Cost $10.49 Unrealized +70.0%

AAPL APPLE INC 2.7%

Value $3.872M Shares 31,121 Est. Cost $17.88 Unrealized +50.1%

GVAL CAMBRIA GLOBAL VALUE ETF 2.5%

Value $3.668M Shares 183,696 Est. Cost $22.63 Unrealized —

— LEUCADIA NATIONAL CORP 2.5%

Value $3.558M Shares 159,651 Est. Cost $26.22 Unrealized —

— VODAFONE GROUP NEW ADR F SPONS 2.4%

Value $3.547M Shares 108,552 Est. Cost $35.14 Unrealized —

— SPDR GOLD TRUST SPDR GOLD SHAR 2.4%

Value $3.508M Shares 30,870 Est. Cost $119.09 Unrealized —

— H C P INC REIT 2.2%

Value $3.169M Shares 73,354 Est. Cost $45.37 Unrealized —

CVX CHEVRON CORPORATION 2.0%

Value $2.934M Shares 27,952 Est. Cost $71.30 Unrealized -6.2%

ABT ABBOTT LABORATORIES 1.9%

Value $2.733M Shares 59,001 Est. Cost $28.85 Unrealized +29.7%

— ALPHABET INC CLASS A 1.7%

Value $2.5M Shares 4,508 Est. Cost $875.83 Unrealized —

— GOOGLE INC CLASS A VTG VOTING 1.7%

Value $2.5M Shares 4,508 Est. Cost $880.27 Unrealized —

— ALPHABET INC CLASS C 1.7%

Value $2.459M Shares 4,489 Est. Cost $575.08 Unrealized —

— GOOGLE INC CL C NON VTG NON VO 1.7%

Value $2.459M Shares 4,489 Est. Cost $575.08 Unrealized —

— BIG 5 SPORTING GOODS CP 1.4%

Value $1.979M Shares 149,183 Est. Cost $16.10 Unrealized —

IGSB ISHARES 1-3 YEAR CREDIT BOND E 1.4%

Value $1.975M Shares 18,720 Est. Cost $104.99 Unrealized —

— ALLEGHANY CORP DEL 0.7%

Value $955K Shares 1,963 Est. Cost $486.50 Unrealized —

— GLOBAL X ETF SUPERDIVIDEND ETF 0.4%

Value $635K Shares 27,470 Est. Cost $22.96 Unrealized —

IGIB ISHARES INTERM CREDIT BOND ETF 0.4%

Value $595K Shares 5,385 Est. Cost $107.63 Unrealized —

— LANDS END INC NEW 0.4%

Value $582K Shares 16,228 Est. Cost $33.53 Unrealized —

— TESLA MOTORS INC 0.3%

Value $507K Shares 2,690 Est. Cost $129.86 Unrealized —

— LINKEDIN CORP 0.3%

Value $429K Shares 1,720 Est. Cost $177.91 Unrealized —

ARAY ACCURAY INC 0.3%

Value $390K Shares 42,000 Est. Cost $5.05 Unrealized +57.6%

— SPDR NUVEEN BARCLAYS SHORT TER 0.2%

Value $350K Shares 14,400 Est. Cost $24.28 Unrealized —

— SOLAR SENIOR CAPITAL 0.2%

Value $349K Shares 21,665 Est. Cost $18.36 Unrealized —

— ISHARES CORE 1 5 YEAR USD BOND 0.2%

Value $252K Shares 2,500 Est. Cost $100.00 Unrealized —

— CRIMSON WINE GROUP 0.1%

Value $147K Shares 16,226 Est. Cost $8.50 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY B NEW CLASS	115,833	$16.72M	11.5%	$110.12	+33.6%	—	084670702
—	HOWARD HUGHES CORP	52,058	$8.07M	5.6%	$114.31	—	—	44267d107
—	MEDTRONIC PLC F	96,361	$7.515M	5.2%	$53.51	—	—	g5960l103
—	WISDOMTREE JPN HDGD EQTY JAPAN	135,983	$7.495M	5.2%	$48.81	—	—	97717w851
MKL	MARKEL CORP HOLDING COMPANY	9,202	$7.075M	4.9%	$526.07	+37.4%	—	570535104
DDS	DILLARDS INC CL A	49,975	$6.822M	4.7%	$59.94	+54.6%	—	254067101
—	YAHOO INC	149,577	$6.646M	4.6%	$27.33	—	—	984332106
AIG	AMERICAN INTL GROUP NEW	113,978	$6.244M	4.3%	$32.58	+26.5%	—	026874784
—	HARRIS CORPORATION	78,473	$6.18M	4.3%	$49.48	—	—	413875105
BAC	BANK OF AMERICA CORP	380,670	$5.858M	4.0%	$10.31	+23.7%	—	060505104
MSFT	MICROSOFT CORP	140,184	$5.699M	3.9%	$26.70	+39.5%	—	594918104
—	CISCO SYSTEMS INC	201,413	$5.543M	3.8%	$24.33	—	—	17275r102
—	ABBVIE INC	84,016	$4.918M	3.4%	$46.39	—	—	00287y109
GLW	CORNING INC	181,375	$4.113M	2.8%	$10.49	+70.0%	—	219350105
AAPL	APPLE INC	31,121	$3.872M	2.7%	$17.88	+50.1%	—	037833100
GVAL	CAMBRIA GLOBAL VALUE ETF	183,696	$3.668M	2.5%	$22.63	—	—	132061409
—	LEUCADIA NATIONAL CORP	159,651	$3.558M	2.5%	$26.22	—	—	527288104
—	VODAFONE GROUP NEW ADR F SPONS	108,552	$3.547M	2.4%	$35.14	—	—	92857w308
—	SPDR GOLD TRUST SPDR GOLD SHAR	30,870	$3.508M	2.4%	$119.09	—	—	78463v107
—	H C P INC REIT	73,354	$3.169M	2.2%	$45.37	—	—	40414l109
CVX	CHEVRON CORPORATION	27,952	$2.934M	2.0%	$71.30	-6.2%	—	166764100
ABT	ABBOTT LABORATORIES	59,001	$2.733M	1.9%	$28.85	+29.7%	—	002824100
—	ALPHABET INC CLASS A	4,508	$2.5M	1.7%	$875.83	—	—	02079k305
—	GOOGLE INC CLASS A VTG VOTING	4,508	$2.5M	1.7%	$880.27	—	—	38259p508
—	ALPHABET INC CLASS C	4,489	$2.459M	1.7%	$575.08	—	—	02079k107
—	GOOGLE INC CL C NON VTG NON VO	4,489	$2.459M	1.7%	$575.08	—	—	38259p706
—	BIG 5 SPORTING GOODS CP	149,183	$1.979M	1.4%	$16.10	—	—	08915p101
IGSB	ISHARES 1-3 YEAR CREDIT BOND E	18,720	$1.975M	1.4%	$104.99	—	—	464288646
—	ALLEGHANY CORP DEL	1,963	$955K	0.7%	$486.50	—	—	017175100
—	GLOBAL X ETF SUPERDIVIDEND ETF	27,470	$635K	0.4%	$22.96	—	—	37950e549
IGIB	ISHARES INTERM CREDIT BOND ETF	5,385	$595K	0.4%	$107.63	—	—	464288638
—	LANDS END INC NEW	16,228	$582K	0.4%	$33.53	—	—	51509f105
—	TESLA MOTORS INC	2,690	$507K	0.3%	$129.86	—	—	88160r101
—	LINKEDIN CORP	1,720	$429K	0.3%	$177.91	—	—	53578a108
ARAY	ACCURAY INC	42,000	$390K	0.3%	$5.05	+57.6%	—	004397105
—	SPDR NUVEEN BARCLAYS SHORT TER	14,400	$350K	0.2%	$24.28	—	—	78464a425
—	SOLAR SENIOR CAPITAL	21,665	$349K	0.2%	$18.36	—	—	83416m105
—	ISHARES CORE 1 5 YEAR USD BOND	2,500	$252K	0.2%	$100.00	—	—	46432f859
—	CRIMSON WINE GROUP	16,226	$147K	0.1%	$8.50	—	—	22662x100