MENLO ADVISORS LLC

All Holdings — 2025 Q2

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
30
Quarter
2025 Q2
Top Holding
BRK/B (13.8%)
Top 10 Concentration
69.7%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 30
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BRK/B
BERKSHIRE HATHA...
Financial Services 13.80% 13.55% #1
Prev: #1
5.5 -810 -1.5%
P
S
52,702 $25,601,000 2010 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
GLD
SPDR GOLD SHARE...
ETF 7.97% 8.37% #2 1
Prev: #3
3.2 -12,578 -20.6%
P
S
48,503 $14,785,000 2013 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
GOOG
ALPHABET INC CL...
Communication Services 7.40% 5.81% #3 1
Prev: #4
3.0 -800 -1.0%
P
S
77,393 $13,728,000 2013 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
MSFT
MICROSOFT CORP
Technology 7.28% 4.96% #4 4
Prev: #8
2.9 -615 -2.2%
P
S
27,172 $13,516,000 2003 Q4 13F Filing 2025-06-30 2025-08-14 (Est.)
GDX
VANECK GOLD MIN...
ETF 6.63% 5.23% #5 1
Prev: #6
2.7 -2,900 -1.2%
P
S
236,215 $12,297,000 2016 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
GOOGL
ALPHABET INC CL...
Communication Services 6.03% 4.73% #6 3
Prev: #9
2.4 -800 -1.2%
P
S
63,473 $11,185,000 2015 Q3 13F Filing 2025-06-30 2025-08-14 (Est.)
QVAL
ALPHA ARCHTCT U...
ETF 5.90% 5.10% #7
Prev: #7
2.4 -2,615 -1.0%
P
S
248,740 $10,947,000 2016 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
AAPL
APPLE INC
Technology 5.86% 5.70% #8 3
Prev: #5
2.3 -1,000 -1.9%
P
S
53,001 $10,874,000 2009 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
ABT
ABBOTT LABS
Healthcare 4.95% 4.35% #9 1
Prev: #10
2.0 -1,450 -2.1%
P
S
67,536 $9,185,000 2009 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
KKR
KKR & CO INC
Financial Services 3.88% 3.07% #10 3
Prev: #13
1.6 -1,600 -2.9%
P
S
54,175 $7,206,000 2019 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
ABBV
ABBVIE INC
Healthcare 3.83% 3.86% #11
Prev: #11
1.5 -500 -1.3%
P
S
38,252 $7,100,000 2013 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
CSCO
CISCO SYS INC
Technology 3.51% 2.79% #12 2
Prev: #14
1.4 -1,175 -1.2%
P
S
93,944 $6,517,000 2005 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
MLPX
GLOBAL X MLP & ...
ETF 3.40% 3.11% #13 1
Prev: #12
1.4 -1,695 -1.7%
P
S
100,697 $6,309,000 2024 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
TSLA
TESLA INC
Consumer Cyclical 3.28% 2.36% #14 3
Prev: #17
1.3 no change no change
P
S
19,140 $6,080,000 2013 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
LMT
LOCKHEED MARTIN...
Industrials 2.83% 2.45% #15 1
Prev: #16
1.1 -200 -1.7%
P
S
11,345 $5,254,000 2023 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
RPRX
ROYALTY PHARMA ...
Healthcare 2.55% 1.97% #16 2
Prev: #18
1.0 -1,910 -1.4%
P
S
131,325 $4,731,000 2024 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
URNM
SPROTT URANIUM ...
ETF 2.24% 1.37% #17 3
Prev: #20
0.9 -2,316 -2.6%
P
S
86,804 $4,160,000 2022 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
MEMX
MATTHEWS EMG MR...
Unknown 2.18% 1.68% #18 1
Prev: #19
0.9 -2,405 -1.9%
P
S
123,590 $4,045,000 2024 Q3 13F Filing 2025-06-30 2025-08-14 (Est.)
PSLV
SPROTT PHYSICAL...
Unknown 1.67% #19
Prev: #—
2.7 253,380 no change
NEW
253,380 $3,101,000 2025 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
RVT
ROYCE SMALL CAP...
Financial Services 1.58% 1.36% #20 1
Prev: #21
0.6 -5,802 -2.9%
P
S
195,242 $2,938,000 2020 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
DGRW
WISDOMTREE US Q...
ETF 1.26% 1.06% #21 1
Prev: #22
0.5 -75 -0.3%
P
S
27,935 $2,339,000 2020 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
HHH
HOWARD HUGHES H...
Real Estate 0.54% 0.54% #22 1
Prev: #23
0.2 -465 -3.0%
P
S
14,827 $1,000,000 2023 Q3 13F Filing 2025-06-30 2025-08-14 (Est.)
N/A
PUT SPDR S&P 50...
Unknown 0.45% 13.30% #23 21
Prev: #2
0.5 -49,000 -98.0%
P
S
1,000 $841,000 13F Filing 2025-06-30 2025-08-14 (Est.)
FNDF
SCHWAB FUNDAMNT...
ETF 0.33% 0.26% #24
Prev: #24
0.1 no change no change
P
S
15,403 $616,000 2024 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
PHYS
SPROTT PHYSICAL...
Unknown 0.16% 0.14% #25
Prev: #25
0.1 no change no change
P
S
12,000 $304,000 2024 Q2 13F Filing 2025-06-30 2025-08-14 (Est.)
XLE
ENERGY SELECT S...
ETF 0.00% 2.70%
Sold All 😨
(Was: #15)
0.3 -60,775 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-06-30 2025-08-14 (Est.)
Showing 1-25 of 30 holdings

Unlock Full MENLO ADVISORS LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics