MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Dec 7, 2015

Total Value: $148M

Holdings (42)

BRK/B BERKSHIRE HATHAWAY CLASS B 10.7%

Value $15.93M Shares 117,058 Est. Cost $110.46 Unrealized +29.1%

— WISDOMTREE JAPAN HEDGED EQUITY 5.4%

Value $8.031M Shares 140,403 Est. Cost $49.08 Unrealized —

— HOWARD HUGHES CORP 5.0%

Value $7.433M Shares 51,784 Est. Cost $114.31 Unrealized —

MKL MARKEL CORP 5.0%

Value $7.425M Shares 9,274 Est. Cost $526.07 Unrealized +47.8%

AIG AMERICAN INTL GROUP 4.8%

Value $7.105M Shares 114,938 Est. Cost $32.58 Unrealized +39.7%

BAC BANK OF AMERICA CORP 4.2%

Value $6.283M Shares 369,160 Est. Cost $10.31 Unrealized +27.4%

MSFT MICROSOFT CORP 4.1%

Value $6.041M Shares 136,844 Est. Cost $26.70 Unrealized +47.1%

— YAHOO INC 4.0%

Value $5.889M Shares 149,887 Est. Cost $27.33 Unrealized —

— HARRIS CORPORATION 3.9%

Value $5.833M Shares 75,843 Est. Cost $49.48 Unrealized —

— ABBVIE INC 3.8%

Value $5.638M Shares 83,916 Est. Cost $46.39 Unrealized —

— MEDTRONIC PLC F 3.7%

Value $5.528M Shares 74,606 Est. Cost $53.51 Unrealized —

— CISCO SYSTEMS INC 3.6%

Value $5.299M Shares 192,984 Est. Cost $24.33 Unrealized —

DDS DILLARDS INC CLASS A 3.3%

Value $4.955M Shares 47,110 Est. Cost $59.94 Unrealized +52.3%

— ALLEGHANY CORP DEL 3.2%

Value $4.79M Shares 10,219 Est. Cost $472.15 Unrealized —

— VODAFONE GROUP F ADR 1 ADR REP 3.2%

Value $4.71M Shares 129,224 Est. Cost $35.35 Unrealized —

AAPL APPLE INC 2.7%

Value $4.078M Shares 32,521 Est. Cost $18.34 Unrealized +55.6%

GVAL CAMBRIA GLOBAL VALUE ETF 2.5%

Value $3.697M Shares 184,596 Est. Cost $22.63 Unrealized —

— LEUCADIA NATIONAL CO 2.4%

Value $3.567M Shares 146,916 Est. Cost $26.22 Unrealized —

— SPDR GOLD SHARES ETF 2.3%

Value $3.468M Shares 30,870 Est. Cost $119.09 Unrealized —

GLW CORNING INC 2.2%

Value $3.281M Shares 166,320 Est. Cost $10.49 Unrealized +53.7%

QCOM QUALCOMM INC 2.1%

Value $3.186M Shares 50,885 Est. Cost $50.31 Unrealized 0.0%

— GOOGLE INC CLASS C 1.9%

Value $2.786M Shares 5,354 Est. Cost $566.24 Unrealized —

— ALPHABET INC CLASS C 1.9%

Value $2.786M Shares 5,354 Est. Cost $566.24 Unrealized —

ABT ABBOTT LABORATORIES 1.9%

Value $2.757M Shares 56,186 Est. Cost $28.85 Unrealized +36.4%

CVX CHEVRON CORPORATION 1.8%

Value $2.642M Shares 27,397 Est. Cost $71.30 Unrealized -6.8%

— HCP INC REIT REIT 1.7%

Value $2.573M Shares 70,574 Est. Cost $45.37 Unrealized —

— ALPHABET INC CLASS A 1.6%

Value $2.374M Shares 4,397 Est. Cost $875.83 Unrealized —

— GOOGLE INC CLASS A 1.6%

Value $2.374M Shares 4,397 Est. Cost $880.27 Unrealized —

— BIG 5 SPORTING GOODS 1.4%

Value $2.009M Shares 141,423 Est. Cost $16.10 Unrealized —

IGSB ISHARES 1-3 YEAR CREDIT BOND E 1.3%

Value $1.971M Shares 18,720 Est. Cost $104.99 Unrealized —

— TESLA MOTORS INC 0.5%

Value $721K Shares 2,690 Est. Cost $129.86 Unrealized —

IGIB ISHARES INTERM CREDIT BOND ETF 0.4%

Value $586K Shares 5,385 Est. Cost $107.63 Unrealized —

— GLOBAL X SUPERDIVIDEND ETF 0.4%

Value $585K Shares 26,440 Est. Cost $22.96 Unrealized —

— LANDS END INC 0.2%

Value $366K Shares 14,762 Est. Cost $33.53 Unrealized —

— SPDR NUVEEN BARCLAYS SHORT TER 0.2%

Value $349K Shares 14,400 Est. Cost $24.28 Unrealized —

— SOLAR SENIOR CAPITAL 0.2%

Value $341K Shares 21,665 Est. Cost $18.36 Unrealized —

— ISHARES CORE 1 5 YEAR USD BOND 0.2%

Value $250K Shares 2,500 Est. Cost $100.00 Unrealized —

ARAY ACCURAY INC 0.2%

Value $249K Shares 37,000 Est. Cost $5.05 Unrealized +47.4%

— CRIMSON WINE GROUP 0.1%

Value $138K Shares 14,838 Est. Cost $8.50 Unrealized —

— NEW YORK REIT INC REIT 0.1%

Value $105K Shares 10,632 Est. Cost $9.88 Unrealized —

— VEREIT INC REIT 0.1%

Value $103K Shares 12,787 Est. Cost $8.06 Unrealized —

— AMERN REALTY CAP PPT REIT 0.1%

Value $103K Shares 12,787 Est. Cost $8.06 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	117,058	$15.93M	10.7%	$110.46	+29.1%	—	084670702
—	WISDOMTREE JAPAN HEDGED EQUITY	140,403	$8.031M	5.4%	$49.08	—	—	97717w851
—	HOWARD HUGHES CORP	51,784	$7.433M	5.0%	$114.31	—	—	44267d107
MKL	MARKEL CORP	9,274	$7.425M	5.0%	$526.07	+47.8%	—	570535104
AIG	AMERICAN INTL GROUP	114,938	$7.105M	4.8%	$32.58	+39.7%	—	026874784
BAC	BANK OF AMERICA CORP	369,160	$6.283M	4.2%	$10.31	+27.4%	—	060505104
MSFT	MICROSOFT CORP	136,844	$6.041M	4.1%	$26.70	+47.1%	—	594918104
—	YAHOO INC	149,887	$5.889M	4.0%	$27.33	—	—	984332106
—	HARRIS CORPORATION	75,843	$5.833M	3.9%	$49.48	—	—	413875105
—	ABBVIE INC	83,916	$5.638M	3.8%	$46.39	—	—	00287y109
—	MEDTRONIC PLC F	74,606	$5.528M	3.7%	$53.51	—	—	g5960l103
—	CISCO SYSTEMS INC	192,984	$5.299M	3.6%	$24.33	—	—	17275r102
DDS	DILLARDS INC CLASS A	47,110	$4.955M	3.3%	$59.94	+52.3%	—	254067101
—	ALLEGHANY CORP DEL	10,219	$4.79M	3.2%	$472.15	—	—	017175100
—	VODAFONE GROUP F ADR 1 ADR REP	129,224	$4.71M	3.2%	$35.35	—	—	92857w308
AAPL	APPLE INC	32,521	$4.078M	2.7%	$18.34	+55.6%	—	037833100
GVAL	CAMBRIA GLOBAL VALUE ETF	184,596	$3.697M	2.5%	$22.63	—	—	132061409
—	LEUCADIA NATIONAL CO	146,916	$3.567M	2.4%	$26.22	—	—	527288104
—	SPDR GOLD SHARES ETF	30,870	$3.468M	2.3%	$119.09	—	—	78463v107
GLW	CORNING INC	166,320	$3.281M	2.2%	$10.49	+53.7%	—	219350105
QCOM	QUALCOMM INC	50,885	$3.186M	2.1%	$50.31	0.0%	—	747525103
—	GOOGLE INC CLASS C	5,354	$2.786M	1.9%	$566.24	—	—	38259p706
—	ALPHABET INC CLASS C	5,354	$2.786M	1.9%	$566.24	—	—	02079k107
ABT	ABBOTT LABORATORIES	56,186	$2.757M	1.9%	$28.85	+36.4%	—	002824100
CVX	CHEVRON CORPORATION	27,397	$2.642M	1.8%	$71.30	-6.8%	—	166764100
—	HCP INC REIT REIT	70,574	$2.573M	1.7%	$45.37	—	—	40414l109
—	ALPHABET INC CLASS A	4,397	$2.374M	1.6%	$875.83	—	—	02079k305
—	GOOGLE INC CLASS A	4,397	$2.374M	1.6%	$880.27	—	—	38259p508
—	BIG 5 SPORTING GOODS	141,423	$2.009M	1.4%	$16.10	—	—	08915p101
IGSB	ISHARES 1-3 YEAR CREDIT BOND E	18,720	$1.971M	1.3%	$104.99	—	—	464288646
—	TESLA MOTORS INC	2,690	$721K	0.5%	$129.86	—	—	88160r101
IGIB	ISHARES INTERM CREDIT BOND ETF	5,385	$586K	0.4%	$107.63	—	—	464288638
—	GLOBAL X SUPERDIVIDEND ETF	26,440	$585K	0.4%	$22.96	—	—	37950e549
—	LANDS END INC	14,762	$366K	0.2%	$33.53	—	—	51509f105
—	SPDR NUVEEN BARCLAYS SHORT TER	14,400	$349K	0.2%	$24.28	—	—	78464a425
—	SOLAR SENIOR CAPITAL	21,665	$341K	0.2%	$18.36	—	—	83416m105
—	ISHARES CORE 1 5 YEAR USD BOND	2,500	$250K	0.2%	$100.00	—	—	46432f859
ARAY	ACCURAY INC	37,000	$249K	0.2%	$5.05	+47.4%	—	004397105
—	CRIMSON WINE GROUP	14,838	$138K	0.1%	$8.50	—	—	22662x100
—	NEW YORK REIT INC REIT	10,632	$105K	0.1%	$9.88	—	—	64976l109
—	VEREIT INC REIT	12,787	$103K	0.1%	$8.06	—	—	92339v100
—	AMERN REALTY CAP PPT REIT	12,787	$103K	0.1%	$8.06	—	—	02917t104