MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $151M (100.0% shares, 0.0% debt)

Holdings (39)

BRK/B BERKSHIRE HATHAWAY CLASS B 14.3%

Value $21.55M Shares 92,943 Est. Cost $110.46 Unrealized +99.4%

— SPDR GOLD SHARES ETF 6.7%

Value $10.14M Shares 56,833 Est. Cost $121.16 Unrealized —

AAPL APPLE INC 5.9%

Value $8.884M Shares 66,955 Est. Cost $84.97 Unrealized +37.7%

MSFT MICROSOFT CORP 4.9%

Value $7.453M Shares 33,508 Est. Cost $26.70 Unrealized +671.6%

— ALPHABET INC. CLASS C 4.9%

Value $7.326M Shares 4,182 Est. Cost $572.35 Unrealized —

— ALPHA ARCHTCT US QUNTV VAL ETF 4.5%

Value $6.844M Shares 244,246 Est. Cost $21.83 Unrealized —

— ALPHABET INC. CLASS A 4.4%

Value $6.581M Shares 3,755 Est. Cost $875.83 Unrealized —

— VANECK VECTORS GOLD MINERS ETF 4.1%

Value $6.199M Shares 172,115 Est. Cost $25.88 Unrealized —

— WISDOMTREE EMRG MRKT HG DIV ET 4.0%

Value $6.018M Shares 146,295 Est. Cost $41.83 Unrealized —

DIS WALT DISNEY CO 3.7%

Value $5.558M Shares 30,681 Est. Cost $100.82 Unrealized +39.1%

— TESLA INC 3.6%

Value $5.461M Shares 7,739 Est. Cost $376.96 Unrealized —

— TWITTER INC 3.5%

Value $5.297M Shares 97,835 Est. Cost $30.03 Unrealized —

— CISCO SYSTEMS INC 3.2%

Value $4.782M Shares 106,873 Est. Cost $27.25 Unrealized —

— ABBVIE INC 3.0%

Value $4.505M Shares 42,047 Est. Cost $46.39 Unrealized —

GLW CORNING INC 2.7%

Value $4.041M Shares 112,266 Est. Cost $12.64 Unrealized +144.3%

ABT ABBOTT LABORATORIES 2.5%

Value $3.827M Shares 34,954 Est. Cost $28.85 Unrealized +244.1%

— KKR & CO INC 2.5%

Value $3.788M Shares 93,565 Est. Cost $25.37 Unrealized —

CVS CVS HEALTH CORP 2.3%

Value $3.424M Shares 50,140 Est. Cost $53.90 Unrealized +2.4%

EBAY EBAY INC 2.2%

Value $3.354M Shares 66,760 Est. Cost $38.43 Unrealized +21.5%

— ALPHA ARCHTCT INTR QUNTV VAL E 2.1%

Value $3.226M Shares 117,823 Est. Cost $30.82 Unrealized —

— ROYCE VALUE CF 2.1%

Value $3.151M Shares 195,278 Est. Cost $9.92 Unrealized —

— EQUITY COMMONWEALTH 2.0%

Value $3.082M Shares 112,985 Est. Cost $31.32 Unrealized —

— LIBERTY MEDIA CORP SERIES C LI 1.4%

Value $2.181M Shares 50,144 Est. Cost $31.11 Unrealized —

MTZ MASTEC INC 1.3%

Value $1.999M Shares 29,320 Est. Cost $38.61 Unrealized +45.3%

— HOWARD HUGHES CORP 1.3%

Value $1.964M Shares 24,882 Est. Cost $114.41 Unrealized —

— BANK OF AMERI 7.25 PFD PFD SE 1.1%

Value $1.696M Shares 1,117 Est. Cost $1443.64 Unrealized —

— BCE INC F 1.0%

Value $1.46M Shares 34,130 Est. Cost $42.78 Unrealized —

SCHO SCHWAB SHORT TERM US TREASURY 0.9%

Value $1.314M Shares 25,580 Est. Cost $51.60 Unrealized —

— MADISON SQUARE GARDEN 0.7%

Value $1.084M Shares 5,889 Est. Cost $271.22 Unrealized —

— FIRST TRUST INT DUR PRF 0.7%

Value $1.082M Shares 45,000 Est. Cost $24.04 Unrealized —

— COUPA SOFTWARE INCORPORA 0.6%

Value $879K Shares 2,596 Est. Cost $79.08 Unrealized —

— SPDR S&P 500 ETF 0.5%

Value $755K Shares 2,020 Est. Cost $373.76 Unrealized —

— WISDOMTREE 90 60 U S BALANCED 0.3%

Value $471K Shares 12,870 Est. Cost $30.54 Unrealized —

— WISDOMTREE US QLT DIV GRW ETF 0.3%

Value $446K Shares 8,280 Est. Cost $45.41 Unrealized —

— KINDER MORGAN INC 0.3%

Value $401K Shares 29,380 Est. Cost $20.05 Unrealized —

— ARK GENOMIC REVOLUTION ETF 0.2%

Value $306K Shares 3,285 Est. Cost $64.61 Unrealized —

PFE PFIZER INC 0.2%

Value $291K Shares 7,915 Est. Cost $28.63 Unrealized 0.0%

— DHT MARITIME HLD INC F 0.1%

Value $152K Shares 29,150 Est. Cost $5.13 Unrealized —

ARAY ACCURAY INC 0.0%

Value $41,000 Shares 10,000 Est. Cost $5.05 Unrealized -27.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	92,943	$21.55M	14.3%	$110.46	+99.4%	COM	084670702
—	SPDR GOLD SHARES ETF	56,833	$10.14M	6.7%	$121.16	—	UIUS	78463v107
AAPL	APPLE INC	66,955	$8.884M	5.9%	$84.97	+37.7%	COM	037833100
MSFT	MICROSOFT CORP	33,508	$7.453M	4.9%	$26.70	+671.6%	COM	594918104
—	ALPHABET INC. CLASS C	4,182	$7.326M	4.9%	$572.35	—	COM	02079k107
—	ALPHA ARCHTCT US QUNTV VAL ETF	244,246	$6.844M	4.5%	$21.83	—	COM	02072l102
—	ALPHABET INC. CLASS A	3,755	$6.581M	4.4%	$875.83	—	COM	02079k305
—	VANECK VECTORS GOLD MINERS ETF	172,115	$6.199M	4.1%	$25.88	—	UIUS	92189f106
—	WISDOMTREE EMRG MRKT HG DIV ET	146,295	$6.018M	4.0%	$41.83	—	UIUS	97717w315
DIS	WALT DISNEY CO	30,681	$5.558M	3.7%	$100.82	+39.1%	COM	254687106
—	TESLA INC	7,739	$5.461M	3.6%	$376.96	—	COM	88160r101
—	TWITTER INC	97,835	$5.297M	3.5%	$30.03	—	COM	90184l102
—	CISCO SYSTEMS INC	106,873	$4.782M	3.2%	$27.25	—	COM	17275r102
—	ABBVIE INC	42,047	$4.505M	3.0%	$46.39	—	COM	00287y109
GLW	CORNING INC	112,266	$4.041M	2.7%	$12.64	+144.3%	COM	219350105
ABT	ABBOTT LABORATORIES	34,954	$3.827M	2.5%	$28.85	+244.1%	COM	002824100
—	KKR & CO INC	93,565	$3.788M	2.5%	$25.37	—	COM	48251w104
CVS	CVS HEALTH CORP	50,140	$3.424M	2.3%	$53.90	+2.4%	COM	126650100
EBAY	EBAY INC	66,760	$3.354M	2.2%	$38.43	+21.5%	COM	278642103
—	ALPHA ARCHTCT INTR QUNTV VAL E	117,823	$3.226M	2.1%	$30.82	—	COM	02072l201
—	ROYCE VALUE CF	195,278	$3.151M	2.1%	$9.92	—	COM	780910105
—	EQUITY COMMONWEALTH	112,985	$3.082M	2.0%	$31.32	—	COM	294628102
—	LIBERTY MEDIA CORP SERIES C LI	50,144	$2.181M	1.4%	$31.11	—	COM	531229607
MTZ	MASTEC INC	29,320	$1.999M	1.3%	$38.61	+45.3%	COM	576323109
—	HOWARD HUGHES CORP	24,882	$1.964M	1.3%	$114.41	—	COM	44267d107
—	BANK OF AMERI 7.25 PFD PFD SE	1,117	$1.696M	1.1%	$1443.64	—	CPUS	060505682
—	BCE INC F	34,130	$1.46M	1.0%	$42.78	—	COM	05534b760
SCHO	SCHWAB SHORT TERM US TREASURY	25,580	$1.314M	0.9%	$51.60	—	UHUS	808524862
—	MADISON SQUARE GARDEN	5,889	$1.084M	0.7%	$271.22	—	COM	55825t103
—	FIRST TRUST INT DUR PRF	45,000	$1.082M	0.7%	$24.04	—	UHUS	33718w103
—	COUPA SOFTWARE INCORPORA	2,596	$879K	0.6%	$79.08	—	COM	22266l106
—	SPDR S&P 500 ETF	2,020	$755K	0.5%	$373.76	—	UIUS	78462f103
—	WISDOMTREE 90 60 U S BALANCED	12,870	$471K	0.3%	$30.54	—	COM	97717y790
—	WISDOMTREE US QLT DIV GRW ETF	8,280	$446K	0.3%	$45.41	—	COM	97717x669
—	KINDER MORGAN INC	29,380	$401K	0.3%	$20.05	—	COM	49456b101
—	ARK GENOMIC REVOLUTION ETF	3,285	$306K	0.2%	$64.61	—	COM	00214q302
PFE	PFIZER INC	7,915	$291K	0.2%	$28.63	0.0%	COM	717081103
—	DHT MARITIME HLD INC F	29,150	$152K	0.1%	$5.13	—	COM	y2065g121
ARAY	ACCURAY INC	10,000	$41,000	0.0%	$5.05	-27.4%	COM	004397105