MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q3 2021 (← Previous) (Next →)

Filing Date: Nov 15, 2021

Total Value: $189M (100.0% shares, 0.0% debt)

Holdings (42)

BRK/B BERKSHIRE HATHAWAY CLASS B 13.0%

Value $24.51M Shares 89,803 Est. Cost $115.29 Unrealized +143.6%

— ALPHABET INC. CLASS C 5.6%

Value $10.63M Shares 3,988 Est. Cost $572.35 Unrealized —

— ALPHABET INC. CLASS A 5.1%

Value $9.587M Shares 3,586 Est. Cost $875.83 Unrealized —

— SPDR GOLD SHARES ETF 5.0%

Value $9.452M Shares 57,562 Est. Cost $123.88 Unrealized —

AAPL APPLE INC 4.9%

Value $9.295M Shares 65,693 Est. Cost $84.97 Unrealized +69.3%

MSFT MICROSOFT CORP 4.7%

Value $8.947M Shares 31,738 Est. Cost $26.70 Unrealized +951.3%

— ALPHA ARCHTCT US QUNTV VAL ETF 4.6%

Value $8.702M Shares 254,431 Est. Cost $22.80 Unrealized —

— KKR & CO INC 3.6%

Value $6.827M Shares 112,145 Est. Cost $33.98 Unrealized —

— TWITTER INC 3.4%

Value $6.511M Shares 107,820 Est. Cost $33.21 Unrealized —

— TESLA INC 3.4%

Value $6.496M Shares 8,378 Est. Cost $404.43 Unrealized —

CVS CVS HEALTH CORP 3.1%

Value $5.952M Shares 70,148 Est. Cost $57.63 Unrealized +25.8%

— CISCO SYSTEMS INC 2.9%

Value $5.514M Shares 101,308 Est. Cost $27.25 Unrealized —

— VANECK GOLD MINERS ETF 2.6%

Value $5.003M Shares 169,785 Est. Cost $25.88 Unrealized —

— BOA 7.25 SR L 7.25 PFD CONV 2.5%

Value $4.81M Shares 3,335 Est. Cost $1419.54 Unrealized —

DIS WALT DISNEY CO 2.5%

Value $4.745M Shares 28,053 Est. Cost $100.82 Unrealized +72.7%

MTZ MASTEC INC 2.5%

Value $4.656M Shares 53,965 Est. Cost $65.09 Unrealized +45.7%

EBAY EBAY INC 2.4%

Value $4.623M Shares 66,370 Est. Cost $38.43 Unrealized +72.1%

— ABBVIE INC 2.3%

Value $4.27M Shares 39,587 Est. Cost $46.39 Unrealized —

— WISDOMTREE EMRG MRKT HG DIV ET 2.0%

Value $3.8M Shares 87,100 Est. Cost $41.83 Unrealized —

GLW CORNING INC 2.0%

Value $3.782M Shares 103,666 Est. Cost $12.64 Unrealized +179.2%

ABT ABBOTT LABORATORIES 2.0%

Value $3.717M Shares 31,469 Est. Cost $28.85 Unrealized +293.4%

— ROYCE VALUE CF 1.8%

Value $3.481M Shares 193,212 Est. Cost $9.92 Unrealized —

OKTA OKTA INC CLASS A 1.8%

Value $3.41M Shares 14,369 Est. Cost $241.37 Unrealized +2.9%

SCHO SCHWAB SHORT TERM US TREASURY 1.7%

Value $3.297M Shares 64,420 Est. Cost $51.36 Unrealized —

— UNILEVER PLC F SPONSORED ADR 1 1.6%

Value $3.052M Shares 56,292 Est. Cost $56.09 Unrealized —

— ALPHA ARCHTCT INTR QUNTV VAL E 1.6%

Value $3M Shares 111,038 Est. Cost $30.82 Unrealized —

— EQUITY COMMONWEALTH 1.5%

Value $2.84M Shares 109,335 Est. Cost $31.32 Unrealized —

KMB KIMBERLY CLARK CORP 1.3%

Value $2.421M Shares 18,285 Est. Cost $113.70 Unrealized +1.6%

VIRT VIRTU FINL INCORPORA0050 CLASS 1.2%

Value $2.304M Shares 94,315 Est. Cost $27.65 Unrealized -8.1%

— LIBERTY MEDIA CORP SERIES C LI 1.1%

Value $2.093M Shares 44,107 Est. Cost $31.11 Unrealized —

PFE PFIZER INC 1.1%

Value $2.092M Shares 48,660 Est. Cost $28.13 Unrealized +26.8%

— HOWARD HUGHES CORP 1.0%

Value $1.961M Shares 22,333 Est. Cost $114.41 Unrealized —

— BCE INC F 0.9%

Value $1.727M Shares 34,505 Est. Cost $42.86 Unrealized —

— INVESCO OPTIMUM YIELD DIVERSIF 0.7%

Value $1.263M Shares 60,000 Est. Cost $20.08 Unrealized —

— FIRST TRUST INT DUR PRF 0.6%

Value $1.169M Shares 46,750 Est. Cost $24.06 Unrealized —

— SPDR S&P 500 ETF 0.6%

Value $1.064M Shares 2,480 Est. Cost $378.87 Unrealized —

— COUPA SOFTWARE INCORPORA 0.3%

Value $568K Shares 2,596 Est. Cost $79.08 Unrealized —

— WISDOMTREE US EFFICIENT CORE E 0.3%

Value $524K Shares 12,870 Est. Cost $30.54 Unrealized —

— WISDOMTREE US QLT DIV GRW ETF 0.3%

Value $487K Shares 8,280 Est. Cost $45.41 Unrealized —

— SVB FINL GROUP 0.2%

Value $323K Shares 500 Est. Cost $492.00 Unrealized —

HD HOME DEPOT INC 0.1%

Value $208K Shares 636 Est. Cost $283.84 Unrealized +3.8%

ARAY ACCURAY INC 0.0%

Value $39,000 Shares 10,000 Est. Cost $5.05 Unrealized -21.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	89,803	$24.51M	13.0%	$115.29	+143.6%	COM	084670702
—	ALPHABET INC. CLASS C	3,988	$10.63M	5.6%	$572.35	—	COM	02079k107
—	ALPHABET INC. CLASS A	3,586	$9.587M	5.1%	$875.83	—	COM	02079k305
—	SPDR GOLD SHARES ETF	57,562	$9.452M	5.0%	$123.88	—	UIUS	78463v107
AAPL	APPLE INC	65,693	$9.295M	4.9%	$84.97	+69.3%	COM	037833100
MSFT	MICROSOFT CORP	31,738	$8.947M	4.7%	$26.70	+951.3%	COM	594918104
—	ALPHA ARCHTCT US QUNTV VAL ETF	254,431	$8.702M	4.6%	$22.80	—	COM	02072l102
—	KKR & CO INC	112,145	$6.827M	3.6%	$33.98	—	COM	48251w104
—	TWITTER INC	107,820	$6.511M	3.4%	$33.21	—	COM	90184l102
—	TESLA INC	8,378	$6.496M	3.4%	$404.43	—	COM	88160r101
CVS	CVS HEALTH CORP	70,148	$5.952M	3.1%	$57.63	+25.8%	COM	126650100
—	CISCO SYSTEMS INC	101,308	$5.514M	2.9%	$27.25	—	COM	17275r102
—	VANECK GOLD MINERS ETF	169,785	$5.003M	2.6%	$25.88	—	UIUS	92189f106
—	BOA 7.25 SR L 7.25 PFD CONV	3,335	$4.81M	2.5%	$1419.54	—	CPUS	060505682
DIS	WALT DISNEY CO	28,053	$4.745M	2.5%	$100.82	+72.7%	COM	254687106
MTZ	MASTEC INC	53,965	$4.656M	2.5%	$65.09	+45.7%	COM	576323109
EBAY	EBAY INC	66,370	$4.623M	2.4%	$38.43	+72.1%	COM	278642103
—	ABBVIE INC	39,587	$4.27M	2.3%	$46.39	—	COM	00287y109
—	WISDOMTREE EMRG MRKT HG DIV ET	87,100	$3.8M	2.0%	$41.83	—	UIUS	97717w315
GLW	CORNING INC	103,666	$3.782M	2.0%	$12.64	+179.2%	COM	219350105
ABT	ABBOTT LABORATORIES	31,469	$3.717M	2.0%	$28.85	+293.4%	COM	002824100
—	ROYCE VALUE CF	193,212	$3.481M	1.8%	$9.92	—	COM	780910105
OKTA	OKTA INC CLASS A	14,369	$3.41M	1.8%	$241.37	+2.9%	COM	679295105
SCHO	SCHWAB SHORT TERM US TREASURY	64,420	$3.297M	1.7%	$51.36	—	UHUS	808524862
—	UNILEVER PLC F SPONSORED ADR 1	56,292	$3.052M	1.6%	$56.09	—	COM	904767704
—	ALPHA ARCHTCT INTR QUNTV VAL E	111,038	$3M	1.6%	$30.82	—	COM	02072l201
—	EQUITY COMMONWEALTH	109,335	$2.84M	1.5%	$31.32	—	COM	294628102
KMB	KIMBERLY CLARK CORP	18,285	$2.421M	1.3%	$113.70	+1.6%	COM	494368103
VIRT	VIRTU FINL INCORPORA0050 CLASS	94,315	$2.304M	1.2%	$27.65	-8.1%	COM	928254101
—	LIBERTY MEDIA CORP SERIES C LI	44,107	$2.093M	1.1%	$31.11	—	COM	531229607
PFE	PFIZER INC	48,660	$2.092M	1.1%	$28.13	+26.8%	COM	717081103
—	HOWARD HUGHES CORP	22,333	$1.961M	1.0%	$114.41	—	COM	44267d107
—	BCE INC F	34,505	$1.727M	0.9%	$42.86	—	COM	05534b760
—	INVESCO OPTIMUM YIELD DIVERSIF	60,000	$1.263M	0.7%	$20.08	—	COM	46090f100
—	FIRST TRUST INT DUR PRF	46,750	$1.169M	0.6%	$24.06	—	UHUS	33718w103
—	SPDR S&P 500 ETF	2,480	$1.064M	0.6%	$378.87	—	UIUS	78462f103
—	COUPA SOFTWARE INCORPORA	2,596	$568K	0.3%	$79.08	—	COM	22266l106
—	WISDOMTREE US EFFICIENT CORE E	12,870	$524K	0.3%	$30.54	—	COM	97717y790
—	WISDOMTREE US QLT DIV GRW ETF	8,280	$487K	0.3%	$45.41	—	COM	97717x669
—	SVB FINL GROUP	500	$323K	0.2%	$492.00	—	COM	78486q101
HD	HOME DEPOT INC	636	$208K	0.1%	$283.84	+3.8%	COM	437076102
ARAY	ACCURAY INC	10,000	$39,000	0.0%	$5.05	-21.4%	COM	004397105