MENLO ADVISORS LLC Long-Term Concentrated

Location: Menlo Park, CA

CIK: 0001279708 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 9, 2024

Total Value: $180M (100.0% shares, 0.0% debt)

Holdings (32)

BRK/B BERKSHIRE HATHAWAY CLASS B 14.7%

Value $26.51M Shares 65,169 Share Price $406.79 Est. Cost/Share $115.31 Unrealized @ Report Date +254.4%

— ALPHABET INC. CLASS C 8.0%

Value $14.5M Shares 79,063 Share Price $183.41 Est. Cost/Share $123.81 Unrealized @ Report Date —

MSFT MICROSOFT CORP 7.0%

Value $12.57M Shares 28,117 Share Price $446.95 * Est. Cost/Share $44.07 Unrealized @ Report Date +846.8%

— ALPHABET INC. CLASS A 6.7%

Value $12.1M Shares 66,410 Share Price $182.14 Est. Cost/Share $134.65 Unrealized @ Report Date —

— SPDR GOLD SHARES ETF 6.4%

Value $11.59M Shares 53,921 Share Price $215.00 Est. Cost/Share $123.88 Unrealized @ Report Date —

AAPL APPLE INC 6.4%

Value $11.46M Shares 54,411 Share Price $210.62 * Est. Cost/Share $84.97 Unrealized @ Report Date +117.9%

— ALPHA ARCHTCT US QUNTV VAL ETF 5.9%

Value $10.66M Shares 248,610 Share Price $42.87 Est. Cost/Share $23.09 Unrealized @ Report Date —

— VANECK GOLD MINERS ETF 4.4%

Value $7.994M Shares 235,615 Share Price $33.93 Est. Cost/Share $27.77 Unrealized @ Report Date —

— KKR & CO INC 4.4%

Value $7.888M Shares 74,955 Share Price $105.24 Est. Cost/Share $33.98 Unrealized @ Report Date —

ABT ABBOTT LABORATORIES 4.0%

Value $7.22M Shares 69,492 Share Price $103.90 Est. Cost/Share $70.82 Unrealized @ Report Date +45.4%

— ABBVIE INC 3.7%

Value $6.672M Shares 38,902 Share Price $171.51 Est. Cost/Share $51.35 Unrealized @ Report Date —

— ENERGY SELECT SECTOR SPDR ETF 3.4%

Value $6.143M Shares 67,395 Share Price $91.15 Est. Cost/Share $83.75 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORP 3.2%

Value $5.782M Shares 12,380 Share Price $467.04 * Est. Cost/Share $432.65 Unrealized @ Report Date +2.1%

CVS CVS HEALTH CORP 2.6%

Value $4.686M Shares 79,359 Share Price $59.05 Est. Cost/Share $59.65 Unrealized @ Report Date -1.9%

— CISCO SYSTEMS INC 2.5%

Value $4.519M Shares 95,119 Share Price $47.51 Est. Cost/Share $27.25 Unrealized @ Report Date —

— TESLA INC 2.5%

Value $4.426M Shares 22,369 Share Price $197.86 Est. Cost/Share $323.89 Unrealized @ Report Date —

— SPROTT URANIUM MINERS ETF 2.4%

Value $4.313M Shares 87,599 Share Price $49.24 Est. Cost/Share $44.83 Unrealized @ Report Date —

— PACER US SMALL CAP CASH COWS 1 2.2%

Value $3.988M Shares 91,561 Share Price $43.56 Est. Cost/Share $47.97 Unrealized @ Report Date —

— ROYALTY PHARMA PLC F CLASS A 2.2%

Value $3.899M Shares 147,885 Share Price $26.37 Est. Cost/Share $26.37 Unrealized @ Report Date —

— ROYCE SMALL CAP TRUST CF 1.6%

Value $2.909M Shares 201,044 Share Price $14.47 Est. Cost/Share $10.35 Unrealized @ Report Date —

— SOUTHWESTERN ENERGY 1.6%

Value $2.895M Shares 430,280 Share Price $6.73 Est. Cost/Share $6.11 Unrealized @ Report Date —

— WISDOMTREE US QLT DIV GRW ETF 1.2%

Value $2.19M Shares 28,060 Share Price $78.05 Est. Cost/Share $58.08 Unrealized @ Report Date —

DIS WALT DISNEY CO 1.1%

Value $1.992M Shares 20,063 Share Price $99.29 * Est. Cost/Share $100.82 Unrealized @ Report Date +4.7%

— HOWARD HUGHES HOLDING CO 0.6%

Value $997K Shares 15,386 Share Price $64.80 Est. Cost/Share $74.12 Unrealized @ Report Date —

FNDF SCHWAB FUNDAMNTL INTRNL EQT ET 0.3%

Value $539K Shares 15,403 Share Price $34.99 Est. Cost/Share $34.99 Unrealized @ Report Date —

— DIREXION DAILY AAPL BEAR 1X ET 0.2%

Value $337K Shares 18,500 Share Price $18.22 Est. Cost/Share $22.65 Unrealized @ Report Date —

— GLOBAL X MLP & ENERGY INFRASTR 0.2%

Value $296K Shares 5,805 Share Price $50.99 Est. Cost/Share $50.99 Unrealized @ Report Date —

— SPDR S&P 500 ETF 0.1%

Value $255K Shares 470 Share Price $542.55 Est. Cost/Share $442.55 Unrealized @ Report Date —

QCOM QUALCOMM INC 0.1%

Value $224K Shares 1,125 Share Price $199.11 * Est. Cost/Share $182.37 Unrealized @ Report Date 0.0%

HD HOME DEPOT INC 0.1%

Value $218K Shares 636 Share Price $342.77 * Est. Cost/Share $293.72 Unrealized @ Report Date +11.5%

— SPROTT PHYSICAL GOLD ETV 0.1%

Value $216K Shares 12,000 Share Price $18.00 Est. Cost/Share $18.00 Unrealized @ Report Date —

— CROWDSTRIKE HLDGS INC CLASS A 0.1%

Value $214K Shares 561 Share Price $381.46 Est. Cost/Share $381.46 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	65,169	$26.51M	14.7%	$406.79	$115.31	+254.4%	COM	084670702
—	ALPHABET INC. CLASS C	79,063	$14.5M	8.0%	$183.41	$123.81	—	COM	02079k107
MSFT	MICROSOFT CORP	28,117	$12.57M	7.0%	$446.95 *	$44.07	+846.8%	COM	594918104
—	ALPHABET INC. CLASS A	66,410	$12.1M	6.7%	$182.14	$134.65	—	COM	02079k305
—	SPDR GOLD SHARES ETF	53,921	$11.59M	6.4%	$215.00	$123.88	—	UIUS	78463v107
AAPL	APPLE INC	54,411	$11.46M	6.4%	$210.62 *	$84.97	+117.9%	COM	037833100
—	ALPHA ARCHTCT US QUNTV VAL ETF	248,610	$10.66M	5.9%	$42.87	$23.09	—	COM	02072l102
—	VANECK GOLD MINERS ETF	235,615	$7.994M	4.4%	$33.93	$27.77	—	UIUS	92189f106
—	KKR & CO INC	74,955	$7.888M	4.4%	$105.24	$33.98	—	COM	48251w104
ABT	ABBOTT LABORATORIES	69,492	$7.22M	4.0%	$103.90	$70.82	+45.4%	COM	002824100
—	ABBVIE INC	38,902	$6.672M	3.7%	$171.51	$51.35	—	COM	00287y109
—	ENERGY SELECT SECTOR SPDR ETF	67,395	$6.143M	3.4%	$91.15	$83.75	—	COM	81369y506
LMT	LOCKHEED MARTIN CORP	12,380	$5.782M	3.2%	$467.04 *	$432.65	+2.1%	COM	539830109
CVS	CVS HEALTH CORP	79,359	$4.686M	2.6%	$59.05	$59.65	-1.9%	COM	126650100
—	CISCO SYSTEMS INC	95,119	$4.519M	2.5%	$47.51	$27.25	—	COM	17275r102
—	TESLA INC	22,369	$4.426M	2.5%	$197.86	$323.89	—	COM	88160r101
—	SPROTT URANIUM MINERS ETF	87,599	$4.313M	2.4%	$49.24	$44.83	—	COM	85208p303
—	PACER US SMALL CAP CASH COWS 1	91,561	$3.988M	2.2%	$43.56	$47.97	—	COM	69374h857
—	ROYALTY PHARMA PLC F CLASS A	147,885	$3.899M	2.2%	$26.37	$26.37	—	COM	g7709q104
—	ROYCE SMALL CAP TRUST CF	201,044	$2.909M	1.6%	$14.47	$10.35	—	COM	780910105
—	SOUTHWESTERN ENERGY	430,280	$2.895M	1.6%	$6.73	$6.11	—	COM	845467109
—	WISDOMTREE US QLT DIV GRW ETF	28,060	$2.19M	1.2%	$78.05	$58.08	—	COM	97717x669
DIS	WALT DISNEY CO	20,063	$1.992M	1.1%	$99.29 *	$100.82	+4.7%	COM	254687106
—	HOWARD HUGHES HOLDING CO	15,386	$997K	0.6%	$64.80	$74.12	—	COM	44267t102
FNDF	SCHWAB FUNDAMNTL INTRNL EQT ET	15,403	$539K	0.3%	$34.99	$34.99	—	COM	808524755
—	DIREXION DAILY AAPL BEAR 1X ET	18,500	$337K	0.2%	$18.22	$22.65	—	COM	25461a304
—	GLOBAL X MLP & ENERGY INFRASTR	5,805	$296K	0.2%	$50.99	$50.99	—	COM	37954y293
—	SPDR S&P 500 ETF	470	$255K	0.1%	$542.55	$442.55	—	UIUS	78462f103
QCOM	QUALCOMM INC	1,125	$224K	0.1%	$199.11 *	$182.37	0.0%	COM	747525103
HD	HOME DEPOT INC	636	$218K	0.1%	$342.77 *	$293.72	+11.5%	COM	437076102
—	SPROTT PHYSICAL GOLD ETV	12,000	$216K	0.1%	$18.00	$18.00	—	COM	85207h104
—	CROWDSTRIKE HLDGS INC CLASS A	561	$214K	0.1%	$381.46	$381.46	—	COM	22788c105