MENLO ADVISORS LLC Long-Term Concentrated

CIK: 0001279708 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 16, 2022

Total Value: $201M (100.0% shares, 0.0% debt)

Holdings (45)

BRK/B BERKSHIRE HATHAWAY CLASS B 12.7%

Value $25.54M Shares 85,405 Est. Cost $115.29 Unrealized +148.4%

— ALPHABET INC. CLASS C 6.0%

Value $11.98M Shares 4,141 Est. Cost $658.11 Unrealized —

AAPL APPLE INC 5.3%

Value $10.76M Shares 60,583 Est. Cost $84.97 Unrealized +82.1%

MSFT MICROSOFT CORP 5.1%

Value $10.17M Shares 30,241 Est. Cost $26.70 Unrealized +1073.7%

— ALPHABET INC. CLASS A 5.1%

Value $10.16M Shares 3,507 Est. Cost $875.83 Unrealized —

— SPDR GOLD SHARES ETF 4.7%

Value $9.386M Shares 54,905 Est. Cost $123.88 Unrealized —

— ALPHA ARCHTCT US QUNTV VAL ETF 4.5%

Value $9.083M Shares 244,306 Est. Cost $22.80 Unrealized —

— KKR & CO INC 3.9%

Value $7.853M Shares 105,420 Est. Cost $33.98 Unrealized —

— TESLA INC 3.6%

Value $7.263M Shares 6,873 Est. Cost $404.43 Unrealized —

— VANECK GOLD MINERS ETF 3.5%

Value $7.033M Shares 219,580 Est. Cost $27.27 Unrealized —

CVS CVS HEALTH CORP 3.5%

Value $6.988M Shares 67,748 Est. Cost $57.63 Unrealized +39.7%

— CISCO SYSTEMS INC 3.1%

Value $6.229M Shares 98,308 Est. Cost $27.25 Unrealized —

— TWITTER INC 3.0%

Value $6.069M Shares 140,425 Est. Cost $35.53 Unrealized —

— ABBVIE INC 2.6%

Value $5.232M Shares 38,647 Est. Cost $46.39 Unrealized —

MTZ MASTEC INC 2.3%

Value $4.621M Shares 50,085 Est. Cost $65.09 Unrealized +40.4%

— BOA 7.25 SR L 7.25 PFD CONV 2.3%

Value $4.593M Shares 3,178 Est. Cost $1419.54 Unrealized —

EBAY EBAY INC 2.1%

Value $4.28M Shares 64,370 Est. Cost $38.43 Unrealized +71.8%

DIS WALT DISNEY CO 2.1%

Value $4.194M Shares 27,083 Est. Cost $100.82 Unrealized +56.5%

ABT ABBOTT LABORATORIES 2.1%

Value $4.147M Shares 29,469 Est. Cost $28.85 Unrealized +311.5%

GLW CORNING INC 1.8%

Value $3.709M Shares 99,641 Est. Cost $12.64 Unrealized +163.8%

— ROYCE VALUE CF 1.8%

Value $3.691M Shares 188,456 Est. Cost $9.92 Unrealized —

— UNILEVER PLC F SPONSORED ADR 1 1.8%

Value $3.544M Shares 65,892 Est. Cost $55.75 Unrealized —

— WISDOMTREE EMRG MRKT HG DIV ET 1.8%

Value $3.534M Shares 81,585 Est. Cost $41.83 Unrealized —

SCHO SCHWAB SHORT TERM US TREASURY 1.6%

Value $3.224M Shares 63,420 Est. Cost $51.36 Unrealized —

OKTA OKTA INC CLASS A 1.5%

Value $2.927M Shares 13,059 Est. Cost $241.37 Unrealized -1.3%

— ALPHA ARCHTCT INTR QUNTV VAL E 1.4%

Value $2.904M Shares 110,403 Est. Cost $30.82 Unrealized —

PFE PFIZER INC 1.4%

Value $2.867M Shares 48,560 Est. Cost $28.13 Unrealized +43.0%

KMB KIMBERLY CLARK CORP 1.3%

Value $2.657M Shares 18,595 Est. Cost $113.72 Unrealized +1.3%

VIRT VIRTU FINL INCORPORA0050 CLASS 1.2%

Value $2.514M Shares 87,225 Est. Cost $27.65 Unrealized -1.4%

— EQUITY COMMONWEALTH 1.2%

Value $2.439M Shares 94,195 Est. Cost $31.32 Unrealized —

— HOWARD HUGHES CORP 1.1%

Value $2.152M Shares 21,143 Est. Cost $114.41 Unrealized —

— LIBERTY MEDIA CORP SERIES C LI 1.0%

Value $2.111M Shares 41,517 Est. Cost $31.11 Unrealized —

— BCE INC F 0.9%

Value $1.712M Shares 32,905 Est. Cost $42.86 Unrealized —

— FIRST TRUST INT DUR PRF 0.6%

Value $1.159M Shares 47,250 Est. Cost $24.06 Unrealized —

— INVESCO OPTIMUM YIELD DIVERSIF 0.4%

Value $843K Shares 60,000 Est. Cost $20.08 Unrealized —

— WISDOMTREE US QLT DIV GRW ETF 0.3%

Value $632K Shares 9,605 Est. Cost $48.22 Unrealized —

— WISDOMTREE US EFFICIENT CORE E 0.3%

Value $552K Shares 12,455 Est. Cost $30.54 Unrealized —

— IAC/INTERACTIVECORP NEW 0.3%

Value $551K Shares 4,218 Est. Cost $130.63 Unrealized —

KW KENNEDY WILSON HLDGS 0.2%

Value $407K Shares 17,055 Est. Cost $22.77 Unrealized 0.0%

— TOTALENERGIES 0.2%

Value $368K Shares 7,450 Est. Cost $49.40 Unrealized —

— SVB FINL GROUP 0.2%

Value $339K Shares 500 Est. Cost $492.00 Unrealized —

HD HOME DEPOT INC 0.1%

Value $269K Shares 649 Est. Cost $285.03 Unrealized +20.4%

— SPDR S&P 500 ETF 0.1%

Value $223K Shares 470 Est. Cost $378.87 Unrealized —

QCOM QUALCOMM INC 0.1%

Value $202K Shares 1,105 Est. Cost $146.06 Unrealized 0.0%

ARAY ACCURAY INC 0.0%

Value $47,000 Shares 10,000 Est. Cost $5.05 Unrealized -4.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	85,405	$25.54M	12.7%	$115.29	+148.4%	COM	084670702
—	ALPHABET INC. CLASS C	4,141	$11.98M	6.0%	$658.11	—	COM	02079k107
AAPL	APPLE INC	60,583	$10.76M	5.3%	$84.97	+82.1%	COM	037833100
MSFT	MICROSOFT CORP	30,241	$10.17M	5.1%	$26.70	+1073.7%	COM	594918104
—	ALPHABET INC. CLASS A	3,507	$10.16M	5.1%	$875.83	—	COM	02079k305
—	SPDR GOLD SHARES ETF	54,905	$9.386M	4.7%	$123.88	—	UIUS	78463v107
—	ALPHA ARCHTCT US QUNTV VAL ETF	244,306	$9.083M	4.5%	$22.80	—	COM	02072l102
—	KKR & CO INC	105,420	$7.853M	3.9%	$33.98	—	COM	48251w104
—	TESLA INC	6,873	$7.263M	3.6%	$404.43	—	COM	88160r101
—	VANECK GOLD MINERS ETF	219,580	$7.033M	3.5%	$27.27	—	UIUS	92189f106
CVS	CVS HEALTH CORP	67,748	$6.988M	3.5%	$57.63	+39.7%	COM	126650100
—	CISCO SYSTEMS INC	98,308	$6.229M	3.1%	$27.25	—	COM	17275r102
—	TWITTER INC	140,425	$6.069M	3.0%	$35.53	—	COM	90184l102
—	ABBVIE INC	38,647	$5.232M	2.6%	$46.39	—	COM	00287y109
MTZ	MASTEC INC	50,085	$4.621M	2.3%	$65.09	+40.4%	COM	576323109
—	BOA 7.25 SR L 7.25 PFD CONV	3,178	$4.593M	2.3%	$1419.54	—	CPUS	060505682
EBAY	EBAY INC	64,370	$4.28M	2.1%	$38.43	+71.8%	COM	278642103
DIS	WALT DISNEY CO	27,083	$4.194M	2.1%	$100.82	+56.5%	COM	254687106
ABT	ABBOTT LABORATORIES	29,469	$4.147M	2.1%	$28.85	+311.5%	COM	002824100
GLW	CORNING INC	99,641	$3.709M	1.8%	$12.64	+163.8%	COM	219350105
—	ROYCE VALUE CF	188,456	$3.691M	1.8%	$9.92	—	COM	780910105
—	UNILEVER PLC F SPONSORED ADR 1	65,892	$3.544M	1.8%	$55.75	—	COM	904767704
—	WISDOMTREE EMRG MRKT HG DIV ET	81,585	$3.534M	1.8%	$41.83	—	UIUS	97717w315
SCHO	SCHWAB SHORT TERM US TREASURY	63,420	$3.224M	1.6%	$51.36	—	UHUS	808524862
OKTA	OKTA INC CLASS A	13,059	$2.927M	1.5%	$241.37	-1.3%	COM	679295105
—	ALPHA ARCHTCT INTR QUNTV VAL E	110,403	$2.904M	1.4%	$30.82	—	COM	02072l201
PFE	PFIZER INC	48,560	$2.867M	1.4%	$28.13	+43.0%	COM	717081103
KMB	KIMBERLY CLARK CORP	18,595	$2.657M	1.3%	$113.72	+1.3%	COM	494368103
VIRT	VIRTU FINL INCORPORA0050 CLASS	87,225	$2.514M	1.2%	$27.65	-1.4%	COM	928254101
—	EQUITY COMMONWEALTH	94,195	$2.439M	1.2%	$31.32	—	COM	294628102
—	HOWARD HUGHES CORP	21,143	$2.152M	1.1%	$114.41	—	COM	44267d107
—	LIBERTY MEDIA CORP SERIES C LI	41,517	$2.111M	1.0%	$31.11	—	COM	531229607
—	BCE INC F	32,905	$1.712M	0.9%	$42.86	—	COM	05534b760
—	FIRST TRUST INT DUR PRF	47,250	$1.159M	0.6%	$24.06	—	UHUS	33718w103
—	INVESCO OPTIMUM YIELD DIVERSIF	60,000	$843K	0.4%	$20.08	—	COM	46090f100
—	WISDOMTREE US QLT DIV GRW ETF	9,605	$632K	0.3%	$48.22	—	COM	97717x669
—	WISDOMTREE US EFFICIENT CORE E	12,455	$552K	0.3%	$30.54	—	COM	97717y790
—	IAC/INTERACTIVECORP NEW	4,218	$551K	0.3%	$130.63	—	COM	44891n208
KW	KENNEDY WILSON HLDGS	17,055	$407K	0.2%	$22.77	0.0%	COM	489398107
—	TOTALENERGIES	7,450	$368K	0.2%	$49.40	—	COM	89151e109
—	SVB FINL GROUP	500	$339K	0.2%	$492.00	—	COM	78486q101
HD	HOME DEPOT INC	649	$269K	0.1%	$285.03	+20.4%	COM	437076102
—	SPDR S&P 500 ETF	470	$223K	0.1%	$378.87	—	UIUS	78462f103
QCOM	QUALCOMM INC	1,105	$202K	0.1%	$146.06	0.0%	COM	747525103
ARAY	ACCURAY INC	10,000	$47,000	0.0%	$5.05	-4.6%	COM	004397105