Filed: 4/14/2025ACC: 0001279708-25-000002
📋 What this filing means
MENLO ADVISORS LLC filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $210.3K. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$210.3K
Total AUM (reported)
1.96M
Total Shares
Allocation by class
COM$182.3K86.7%
PUT$28.0K13.3%
Portfolio Concentration
Top 3$74.1K35.2%
4–10$75.4K35.9%
11–25$60.4K28.7%
Rest$403.000.2%
Top 3 weight
35.2%
Top 10 weight
71.1%
Voting Authority Distribution
Total shares with voting rights: 1.91M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.91M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole27
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings27
Rows:
BERKSHIRE HATHAWAY CLASS B
SOLEShares53.51K
TypeSH
Market value$28.5K
13.55%
Sole
0.00
Shared
0.00
None
53.51K
PUT SPDR S&P 500 $530 EXP 01/1
SOLEShares50K
TypeSH
Market value$28.0K
13.30%
Sole
0.00
Shared
0.00
None
500.00
SPDR GOLD SHARES ETF
SOLEShares61.08K
TypeSH
Market value$17.6K
8.37%
Sole
0.00
Shared
0.00
None
61.08K
ALPHABET INC CLASS C
SOLEShares78.19K
TypeSH
Market value$12.2K
5.81%
Sole
0.00
Shared
0.00
None
78.19K
APPLE INC
SOLEShares54K
TypeSH
Market value$12.0K
5.70%
Sole
0.00
Shared
0.00
None
54K
VANECK GOLD MINERS ETF
SOLEShares239.12K
TypeSH
Market value$11.0K
5.23%
Sole
0.00
Shared
0.00
None
239.12K
ALPHA ARCHTCT US QUNTV VAL ETF
SOLEShares251.35K
TypeSH
Market value$10.7K
5.10%
Sole
0.00
Shared
0.00
None
251.35K
MICROSOFT CORP
SOLEShares27.79K
TypeSH
Market value$10.4K
4.96%
Sole
0.00
Shared
0.00
None
27.79K
ALPHABET INC CLASS A
SOLEShares64.27K
TypeSH
Market value$9.9K
4.73%
Sole
0.00
Shared
0.00
None
64.27K
ABBOTT LABS
SOLEShares68.99K
TypeSH
Market value$9.2K
4.35%
Sole
0.00
Shared
0.00
None
68.99K
ABBVIE INC
SOLEShares38.75K
TypeSH
Market value$8.1K
3.86%
Sole
0.00
Shared
0.00
None
38.75K
GLOBAL X MLP & ENERGY INFRASTR
SOLEShares102.39K
TypeSH
Market value$6.5K
3.11%
Sole
0.00
Shared
0.00
None
102.39K
KKR & CO INC
SOLEShares55.77K
TypeSH
Market value$6.4K
3.07%
Sole
0.00
Shared
0.00
None
55.77K
CISCO SYS INC
SOLEShares95.12K
TypeSH
Market value$5.9K
2.79%
Sole
0.00
Shared
0.00
None
95.12K
ENERGY SELECT SECTOR SPDR ETF
SOLEShares60.77K
TypeSH
Market value$5.7K
2.70%
Sole
0.00
Shared
0.00
None
60.77K
LOCKHEED MARTIN CORP
SOLEShares11.54K
TypeSH
Market value$5.2K
2.45%
Sole
0.00
Shared
0.00
None
11.54K
TESLA INC
SOLEShares19.14K
TypeSH
Market value$5.0K
2.36%
Sole
0.00
Shared
0.00
None
19.14K
ROYALTY PHARMA PLC F CLASS A
SOLEShares133.24K
TypeSH
Market value$4.1K
1.97%
Sole
0.00
Shared
0.00
None
133.24K
MATTHEWS EMG MRKTS CHINA ACT E
SOLEShares126K
TypeSH
Market value$3.5K
1.68%
Sole
0.00
Shared
0.00
None
126K
SPROTT URANIUM MINERS ETF
SOLEShares89.12K
TypeSH
Market value$2.9K
1.37%
Sole
0.00
Shared
0.00
None
89.12K
ROYCE SMALL CAP TRUST CF
SOLEShares201.04K
TypeSH
Market value$2.9K
1.36%
Sole
0.00
Shared
0.00
None
201.04K
WISDOMTREE US QLT DIV GRW ETF
SOLEShares28.01K
TypeSH
Market value$2.2K
1.06%
Sole
0.00
Shared
0.00
None
28.01K
HOWARD HUGHES HLDGS INC
SOLEShares15.29K
TypeSH
Market value$1.1K
0.54%
Sole
0.00
Shared
0.00
None
15.29K
SCHWAB FUNDAMNTL INTRNL EQT ET
SOLEShares15.40K
TypeSH
Market value$556.00
0.26%
Sole
0.00
Shared
0.00
None
15.40K
SPROTT PHYSICAL GOLD ETV
SOLEShares12K
TypeSH
Market value$288.00
0.14%
Sole
0.00
Shared
0.00
None
12K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY CLASS BSOLE | COM | 53.51K | SH | $28.5K 13.55% | 0.00 | 0.00 | 53.51K |
PUT SPDR S&P 500 $530 EXP 01/1SOLE | PUT | 50K | SH | $28.0K 13.30% | 0.00 | 0.00 | 500.00 |
SPDR GOLD SHARES ETFSOLE | COM | 61.08K | SH | $17.6K 8.37% | 0.00 | 0.00 | 61.08K |
ALPHABET INC CLASS CSOLE | COM | 78.19K | SH | $12.2K 5.81% | 0.00 | 0.00 | 78.19K |
APPLE INCSOLE | COM | 54K | SH | $12.0K 5.70% | 0.00 | 0.00 | 54K |
VANECK GOLD MINERS ETFSOLE | COM | 239.12K | SH | $11.0K 5.23% | 0.00 | 0.00 | 239.12K |
ALPHA ARCHTCT US QUNTV VAL ETFSOLE | COM | 251.35K | SH | $10.7K 5.10% | 0.00 | 0.00 | 251.35K |
MICROSOFT CORPSOLE | COM | 27.79K | SH | $10.4K 4.96% | 0.00 | 0.00 | 27.79K |
ALPHABET INC CLASS ASOLE | COM | 64.27K | SH | $9.9K 4.73% | 0.00 | 0.00 | 64.27K |
ABBOTT LABSSOLE | COM | 68.99K | SH | $9.2K 4.35% | 0.00 | 0.00 | 68.99K |
ABBVIE INCSOLE | COM | 38.75K | SH | $8.1K 3.86% | 0.00 | 0.00 | 38.75K |
GLOBAL X MLP & ENERGY INFRASTRSOLE | COM | 102.39K | SH | $6.5K 3.11% | 0.00 | 0.00 | 102.39K |
KKR & CO INCSOLE | COM | 55.77K | SH | $6.4K 3.07% | 0.00 | 0.00 | 55.77K |
CISCO SYS INCSOLE | COM | 95.12K | SH | $5.9K 2.79% | 0.00 | 0.00 | 95.12K |
ENERGY SELECT SECTOR SPDR ETFSOLE | COM | 60.77K | SH | $5.7K 2.70% | 0.00 | 0.00 | 60.77K |
LOCKHEED MARTIN CORPSOLE | COM | 11.54K | SH | $5.2K 2.45% | 0.00 | 0.00 | 11.54K |
TESLA INCSOLE | COM | 19.14K | SH | $5.0K 2.36% | 0.00 | 0.00 | 19.14K |
ROYALTY PHARMA PLC F CLASS ASOLE | COM | 133.24K | SH | $4.1K 1.97% | 0.00 | 0.00 | 133.24K |
MATTHEWS EMG MRKTS CHINA ACT ESOLE | COM | 126K | SH | $3.5K 1.68% | 0.00 | 0.00 | 126K |
SPROTT URANIUM MINERS ETFSOLE | COM | 89.12K | SH | $2.9K 1.37% | 0.00 | 0.00 | 89.12K |
ROYCE SMALL CAP TRUST CFSOLE | COM | 201.04K | SH | $2.9K 1.36% | 0.00 | 0.00 | 201.04K |
WISDOMTREE US QLT DIV GRW ETFSOLE | COM | 28.01K | SH | $2.2K 1.06% | 0.00 | 0.00 | 28.01K |
HOWARD HUGHES HLDGS INCSOLE | COM | 15.29K | SH | $1.1K 0.54% | 0.00 | 0.00 | 15.29K |
SCHWAB FUNDAMNTL INTRNL EQT ETSOLE | COM | 15.40K | SH | $556.00 0.26% | 0.00 | 0.00 | 15.40K |
SPROTT PHYSICAL GOLD ETVSOLE | COM | 12K | SH | $288.00 0.14% | 0.00 | 0.00 | 12K |
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