MENLO ADVISORS LLC Long-Term Concentrated

Location: Menlo Park, CA

CIK: 0001279708 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Jul 20, 2022

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

Holdings (32)

BRK/B BERKSHIRE HATHAWAY CLASS B 15.0%

Value $22.58M Shares 82,719 Share Price $273.01 * Est. Cost/Share $115.31 Unrealized @ Report Date +172.1%

— SPDR GOLD SHARES ETF 6.2%

Value $9.295M Shares 55,177 Share Price $168.46 Est. Cost/Share $123.88 Unrealized @ Report Date —

— ALPHABET INC. FORWARD SPLIT WI 6.0%

Value $9.082M Shares 4,152 Share Price $2187.38 Est. Cost/Share $658.11 Unrealized @ Report Date —

MSFT MICROSOFT CORP 5.5%

Value $8.327M Shares 32,424 Share Price $256.82 * Est. Cost/Share $44.07 Unrealized @ Report Date +497.7%

AAPL APPLE INC 5.5%

Value $8.271M Shares 60,496 Share Price $136.72 * Est. Cost/Share $84.97 Unrealized @ Report Date +74.9%

— ALPHABET INC. FORWARD SPLIT WI 5.0%

Value $7.592M Shares 3,484 Share Price $2179.10 Est. Cost/Share $875.83 Unrealized @ Report Date —

— ALPHA ARCHTCT US QUNTV VAL ETF 4.9%

Value $7.461M Shares 249,706 Share Price $29.88 Est. Cost/Share $23.09 Unrealized @ Report Date —

CVS CVS HEALTH CORP 4.3%

Value $6.418M Shares 69,273 Share Price $92.65 * Est. Cost/Share $58.23 Unrealized @ Report Date +47.5%

— VANECK GOLD MINERS ETF 4.1%

Value $6.167M Shares 225,265 Share Price $27.38 Est. Cost/Share $27.55 Unrealized @ Report Date —

— ABBVIE INC 3.9%

Value $5.919M Shares 38,647 Share Price $153.16 Est. Cost/Share $46.39 Unrealized @ Report Date —

— TWITTER INC 3.8%

Value $5.667M Shares 151,577 Share Price $37.39 Est. Cost/Share $35.79 Unrealized @ Report Date —

IGE ISHARES NORTH AMER NATL RES ET 3.4%

Value $5.164M Shares 143,525 Share Price $35.98 Est. Cost/Share $38.80 Unrealized @ Report Date —

— TESLA INC 3.3%

Value $4.987M Shares 7,406 Share Price $673.37 Est. Cost/Share $453.47 Unrealized @ Report Date —

— KKR & CO INC 3.3%

Value $4.91M Shares 106,075 Share Price $46.29 Est. Cost/Share $33.98 Unrealized @ Report Date —

— CISCO SYSTEMS INC 2.8%

Value $4.191M Shares 98,308 Share Price $42.63 Est. Cost/Share $27.25 Unrealized @ Report Date —

— BOA 7.25 SR L 7.25 PFD CONV 2.5%

Value $3.8M Shares 3,155 Share Price $1204.44 Est. Cost/Share $1419.54 Unrealized @ Report Date —

MTZ MASTEC INC 2.4%

Value $3.604M Shares 50,305 Share Price $71.64 * Est. Cost/Share $65.94 Unrealized @ Report Date +18.2%

ABT ABBOTT LABORATORIES 2.1%

Value $3.237M Shares 29,794 Share Price $108.65 * Est. Cost/Share $29.69 Unrealized @ Report Date +257.4%

— ROYCE VALUE CF 1.7%

Value $2.554M Shares 182,888 Share Price $13.96 Est. Cost/Share $9.92 Unrealized @ Report Date —

KMB KIMBERLY CLARK CORP 1.7%

Value $2.513M Shares 18,595 Share Price $135.14 * Est. Cost/Share $113.72 Unrealized @ Report Date +0.9%

— ALPHA ARCHTCT INTR QUNTV VAL E 1.7%

Value $2.497M Shares 111,053 Share Price $22.48 Est. Cost/Share $30.82 Unrealized @ Report Date —

DIS WALT DISNEY CO 1.6%

Value $2.46M Shares 26,063 Share Price $94.39 * Est. Cost/Share $100.82 Unrealized @ Report Date +7.6%

— EQUITY COMMONWEALTH 1.6%

Value $2.385M Shares 86,650 Share Price $27.52 Est. Cost/Share $31.32 Unrealized @ Report Date —

— SPROTT URANIUM MINERS ETF 1.5%

Value $2.296M Shares 40,185 Share Price $57.14 Est. Cost/Share $57.14 Unrealized @ Report Date —

VIRT VIRTU FINL INCORPORA0050 CLASS 1.3%

Value $1.982M Shares 84,700 Share Price $23.40 * Est. Cost/Share $27.65 Unrealized @ Report Date +3.5%

— BCE INC F 1.1%

Value $1.628M Shares 33,110 Share Price $49.17 Est. Cost/Share $42.86 Unrealized @ Report Date —

— LIBERTY MEDIA CORP SERIES C LI 1.0%

Value $1.496M Shares 41,517 Share Price $36.03 Est. Cost/Share $31.11 Unrealized @ Report Date —

— HOWARD HUGHES CORP 0.9%

Value $1.374M Shares 20,199 Share Price $68.02 Est. Cost/Share $114.41 Unrealized @ Report Date —

— INVSC DB COMMODITY INDEX TRACK 0.9%

Value $1.349M Shares 50,660 Share Price $26.63 Est. Cost/Share $26.63 Unrealized @ Report Date —

— WISDOMTREE US QLT DIV GRW ETF 0.8%

Value $1.186M Shares 20,705 Share Price $57.28 Est. Cost/Share $56.50 Unrealized @ Report Date —

— WISDOMTREE US EFFICIENT CORE E 0.3%

Value $415K Shares 12,455 Share Price $33.32 Est. Cost/Share $30.54 Unrealized @ Report Date —

ARAY ACCURAY INC 0.0%

Value $19,000 Shares 10,000 Share Price $1.90 * Est. Cost/Share $5.05 Unrealized @ Report Date -50.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	82,719	$22.58M	15.0%	$273.01 *	$115.31	+172.1%	COM	084670702
—	SPDR GOLD SHARES ETF	55,177	$9.295M	6.2%	$168.46	$123.88	—	UIUS	78463v107
—	ALPHABET INC. FORWARD SPLIT WI	4,152	$9.082M	6.0%	$2187.38	$658.11	—	COM	02079k107
MSFT	MICROSOFT CORP	32,424	$8.327M	5.5%	$256.82 *	$44.07	+497.7%	COM	594918104
AAPL	APPLE INC	60,496	$8.271M	5.5%	$136.72 *	$84.97	+74.9%	COM	037833100
—	ALPHABET INC. FORWARD SPLIT WI	3,484	$7.592M	5.0%	$2179.10	$875.83	—	COM	02079k305
—	ALPHA ARCHTCT US QUNTV VAL ETF	249,706	$7.461M	4.9%	$29.88	$23.09	—	COM	02072l102
CVS	CVS HEALTH CORP	69,273	$6.418M	4.3%	$92.65 *	$58.23	+47.5%	COM	126650100
—	VANECK GOLD MINERS ETF	225,265	$6.167M	4.1%	$27.38	$27.55	—	UIUS	92189f106
—	ABBVIE INC	38,647	$5.919M	3.9%	$153.16	$46.39	—	COM	00287y109
—	TWITTER INC	151,577	$5.667M	3.8%	$37.39	$35.79	—	COM	90184l102
IGE	ISHARES NORTH AMER NATL RES ET	143,525	$5.164M	3.4%	$35.98	$38.80	—	COM	464287374
—	TESLA INC	7,406	$4.987M	3.3%	$673.37	$453.47	—	COM	88160r101
—	KKR & CO INC	106,075	$4.91M	3.3%	$46.29	$33.98	—	COM	48251w104
—	CISCO SYSTEMS INC	98,308	$4.191M	2.8%	$42.63	$27.25	—	COM	17275r102
—	BOA 7.25 SR L 7.25 PFD CONV	3,155	$3.8M	2.5%	$1204.44	$1419.54	—	CPUS	060505682
MTZ	MASTEC INC	50,305	$3.604M	2.4%	$71.64 *	$65.94	+18.2%	COM	576323109
ABT	ABBOTT LABORATORIES	29,794	$3.237M	2.1%	$108.65 *	$29.69	+257.4%	COM	002824100
—	ROYCE VALUE CF	182,888	$2.554M	1.7%	$13.96	$9.92	—	COM	780910105
KMB	KIMBERLY CLARK CORP	18,595	$2.513M	1.7%	$135.14 *	$113.72	+0.9%	COM	494368103
—	ALPHA ARCHTCT INTR QUNTV VAL E	111,053	$2.497M	1.7%	$22.48	$30.82	—	COM	02072l201
DIS	WALT DISNEY CO	26,063	$2.46M	1.6%	$94.39 *	$100.82	+7.6%	COM	254687106
—	EQUITY COMMONWEALTH	86,650	$2.385M	1.6%	$27.52	$31.32	—	COM	294628102
—	SPROTT URANIUM MINERS ETF	40,185	$2.296M	1.5%	$57.14	$57.14	—	COM	85208p303
VIRT	VIRTU FINL INCORPORA0050 CLASS	84,700	$1.982M	1.3%	$23.40 *	$27.65	+3.5%	COM	928254101
—	BCE INC F	33,110	$1.628M	1.1%	$49.17	$42.86	—	COM	05534b760
—	LIBERTY MEDIA CORP SERIES C LI	41,517	$1.496M	1.0%	$36.03	$31.11	—	COM	531229607
—	HOWARD HUGHES CORP	20,199	$1.374M	0.9%	$68.02	$114.41	—	COM	44267d107
—	INVSC DB COMMODITY INDEX TRACK	50,660	$1.349M	0.9%	$26.63	$26.63	—	COM	46138b103
—	WISDOMTREE US QLT DIV GRW ETF	20,705	$1.186M	0.8%	$57.28	$56.50	—	COM	97717x669
—	WISDOMTREE US EFFICIENT CORE E	12,455	$415K	0.3%	$33.32	$30.54	—	COM	97717y790
ARAY	ACCURAY INC	10,000	$19,000	0.0%	$1.90 *	$5.05	-50.6%	COM	004397105