MENLO ADVISORS LLC Long-Term Concentrated

Location: Menlo Park, CA

CIK: 0001279708 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 18, 2024

Total Value: $194M (100.0% shares, 0.0% debt)

Holdings (29)

BRK/B BERKSHIRE HATHAWAY CLASS B 15.3%

Value $29.78M Shares 64,694 Share Price $460.26 * Est. Cost/Share $115.31 Unrealized @ Report Date +283.5%

— ALPHABET INC CLASS C 6.8%

Value $13.22M Shares 79,058 Share Price $167.18 Est. Cost/Share $123.81 Unrealized @ Report Date —

— SPDR GOLD SHARES ETF 6.7%

Value $13.11M Shares 53,921 Share Price $243.06 Est. Cost/Share $123.88 Unrealized @ Report Date —

AAPL APPLE INC 6.5%

Value $12.72M Shares 54,576 Share Price $233.00 * Est. Cost/Share $84.97 Unrealized @ Report Date +161.2%

MSFT MICROSOFT CORP 6.2%

Value $12M Shares 27,887 Share Price $430.31 Est. Cost/Share $44.07 Unrealized @ Report Date +860.0%

— ALPHA ARCHTCT US QUNTV VAL ETF 5.9%

Value $11.47M Shares 248,530 Share Price $46.14 Est. Cost/Share $23.09 Unrealized @ Report Date —

— ALPHABET INC CLASS A 5.6%

Value $10.92M Shares 65,870 Share Price $165.84 Est. Cost/Share $134.65 Unrealized @ Report Date —

— VANECK GOLD MINERS ETF 4.9%

Value $9.525M Shares 239,215 Share Price $39.82 Est. Cost/Share $27.95 Unrealized @ Report Date —

— KKR & CO INC 4.1%

Value $7.909M Shares 60,570 Share Price $130.58 Est. Cost/Share $33.98 Unrealized @ Report Date —

ABT ABBOTT LABS 4.1%

Value $7.893M Shares 69,231 Share Price $114.01 * Est. Cost/Share $70.82 Unrealized @ Report Date +51.2%

— ABBVIE INC 4.0%

Value $7.682M Shares 38,902 Share Price $197.47 Est. Cost/Share $51.35 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORP 3.7%

Value $7.236M Shares 12,380 Share Price $584.49 * Est. Cost/Share $432.65 Unrealized @ Report Date +19.3%

— ENERGY SELECT SECTOR SPDR ETF 3.0%

Value $5.917M Shares 67,395 Share Price $87.80 Est. Cost/Share $83.75 Unrealized @ Report Date —

— TESLA INC 3.0%

Value $5.8M Shares 22,169 Share Price $261.63 Est. Cost/Share $323.89 Unrealized @ Report Date —

— CISCO SYS INC 2.6%

Value $5.062M Shares 95,119 Share Price $53.22 Est. Cost/Share $27.25 Unrealized @ Report Date —

— GLOBAL X MLP & ENERGY INFRASTR 2.3%

Value $4.43M Shares 81,402 Share Price $54.42 Est. Cost/Share $54.18 Unrealized @ Report Date —

— PACER US SMALL CAP CASH COWS 1 2.2%

Value $4.301M Shares 92,461 Share Price $46.52 Est. Cost/Share $47.97 Unrealized @ Report Date —

— ROYALTY PHARMA PLC F CLASS A 2.2%

Value $4.183M Shares 147,885 Share Price $28.29 Est. Cost/Share $26.37 Unrealized @ Report Date —

MEMX MATTHEWS EMG MRKTS CHINA ACT E 2.1%

Value $4.112M Shares 133,630 Share Price $30.77 Est. Cost/Share $30.77 Unrealized @ Report Date —

— SPROTT URANIUM MINERS ETF 2.1%

Value $4.109M Shares 89,564 Share Price $45.88 Est. Cost/Share $44.85 Unrealized @ Report Date —

— ROYCE SMALL CAP TRUST CF 1.6%

Value $3.156M Shares 201,044 Share Price $15.70 Est. Cost/Share $10.35 Unrealized @ Report Date —

— SOUTHWESTERN ENERGY CXXX MANDA 1.6%

Value $3.038M Shares 427,380 Share Price $7.11 Est. Cost/Share $6.11 Unrealized @ Report Date —

— WISDOMTREE US QLT DIV GRW ETF 1.2%

Value $2.334M Shares 28,060 Share Price $83.18 Est. Cost/Share $58.08 Unrealized @ Report Date —

DIS DISNEY WALT CO 1.0%

Value $1.915M Shares 19,915 Share Price $96.16 * Est. Cost/Share $100.82 Unrealized @ Report Date -10.2%

— HOWARD HUGHES HLDGS INC 0.6%

Value $1.191M Shares 15,386 Share Price $77.41 Est. Cost/Share $74.12 Unrealized @ Report Date —

FNDF SCHWAB FUNDAMNTL INTRNL EQT ET 0.3%

Value $575K Shares 15,403 Share Price $37.33 Est. Cost/Share $34.99 Unrealized @ Report Date —

HD HOME DEPOT INC 0.1%

Value $257K Shares 636 Share Price $404.09 * Est. Cost/Share $293.72 Unrealized @ Report Date +20.1%

— SPROTT PHYSICAL GOLD ETV 0.1%

Value $244K Shares 12,000 Share Price $20.33 Est. Cost/Share $18.00 Unrealized @ Report Date —

— DIREXION DAILY AAPL BEAR 1X ET 0.1%

Value $205K Shares 12,500 Share Price $16.40 Est. Cost/Share $22.65 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY CLASS B	64,694	$29.78M	15.3%	$460.26 *	$115.31	+283.5%	COM	084670702
—	ALPHABET INC CLASS C	79,058	$13.22M	6.8%	$167.18	$123.81	—	COM	02079k107
—	SPDR GOLD SHARES ETF	53,921	$13.11M	6.7%	$243.06	$123.88	—	UIUS	78463v107
AAPL	APPLE INC	54,576	$12.72M	6.5%	$233.00 *	$84.97	+161.2%	COM	037833100
MSFT	MICROSOFT CORP	27,887	$12M	6.2%	$430.31	$44.07	+860.0%	COM	594918104
—	ALPHA ARCHTCT US QUNTV VAL ETF	248,530	$11.47M	5.9%	$46.14	$23.09	—	COM	02072l102
—	ALPHABET INC CLASS A	65,870	$10.92M	5.6%	$165.84	$134.65	—	COM	02079k305
—	VANECK GOLD MINERS ETF	239,215	$9.525M	4.9%	$39.82	$27.95	—	UIUS	92189f106
—	KKR & CO INC	60,570	$7.909M	4.1%	$130.58	$33.98	—	COM	48251w104
ABT	ABBOTT LABS	69,231	$7.893M	4.1%	$114.01 *	$70.82	+51.2%	COM	002824100
—	ABBVIE INC	38,902	$7.682M	4.0%	$197.47	$51.35	—	COM	00287y109
LMT	LOCKHEED MARTIN CORP	12,380	$7.236M	3.7%	$584.49 *	$432.65	+19.3%	COM	539830109
—	ENERGY SELECT SECTOR SPDR ETF	67,395	$5.917M	3.0%	$87.80	$83.75	—	COM	81369y506
—	TESLA INC	22,169	$5.8M	3.0%	$261.63	$323.89	—	COM	88160r101
—	CISCO SYS INC	95,119	$5.062M	2.6%	$53.22	$27.25	—	COM	17275r102
—	GLOBAL X MLP & ENERGY INFRASTR	81,402	$4.43M	2.3%	$54.42	$54.18	—	COM	37954y293
—	PACER US SMALL CAP CASH COWS 1	92,461	$4.301M	2.2%	$46.52	$47.97	—	COM	69374h857
—	ROYALTY PHARMA PLC F CLASS A	147,885	$4.183M	2.2%	$28.29	$26.37	—	COM	g7709q104
MEMX	MATTHEWS EMG MRKTS CHINA ACT E	133,630	$4.112M	2.1%	$30.77	$30.77	—	COM	577125792
—	SPROTT URANIUM MINERS ETF	89,564	$4.109M	2.1%	$45.88	$44.85	—	COM	85208p303
—	ROYCE SMALL CAP TRUST CF	201,044	$3.156M	1.6%	$15.70	$10.35	—	COM	780910105
—	SOUTHWESTERN ENERGY CXXX MANDA	427,380	$3.038M	1.6%	$7.11	$6.11	—	COM	845467109
—	WISDOMTREE US QLT DIV GRW ETF	28,060	$2.334M	1.2%	$83.18	$58.08	—	COM	97717x669
DIS	DISNEY WALT CO	19,915	$1.915M	1.0%	$96.16 *	$100.82	-10.2%	COM	254687106
—	HOWARD HUGHES HLDGS INC	15,386	$1.191M	0.6%	$77.41	$74.12	—	COM	44267t102
FNDF	SCHWAB FUNDAMNTL INTRNL EQT ET	15,403	$575K	0.3%	$37.33	$34.99	—	COM	808524755
HD	HOME DEPOT INC	636	$257K	0.1%	$404.09 *	$293.72	+20.1%	COM	437076102
—	SPROTT PHYSICAL GOLD ETV	12,000	$244K	0.1%	$20.33	$18.00	—	COM	85207h104
—	DIREXION DAILY AAPL BEAR 1X ET	12,500	$205K	0.1%	$16.40	$22.65	—	COM	25461a304