13F HOLDINGS REPORT
MENLO ADVISORS LLC
Quarter ended Q1 2025 · Filed April 14, 2025 · Accession 0001279708-25-000002
Total Value
$210,318
Positions
27
Other Managers
0
Confidential Omitted
No
Holdings (27)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY CLASS B | BRK-A | 53,512 | $28,499 | 13.55% |
| 2 | PUT SPDR S&P 500 $530 EXP 01/1 | 78462f953 | 50,000 | $27,970 | 13.30% |
| 3 | SPDR GOLD SHARES ETF | GLD | 61,081 | $17,599 | 8.37% |
| 4 | ALPHABET INC CLASS C | GOOG | 78,193 | $12,216 | 5.81% |
| 5 | APPLE INC | AAPL | 54,001 | $11,995 | 5.70% |
| 6 | VANECK GOLD MINERS ETF | 92189f106 | 239,115 | $10,992 | 5.23% |
| 7 | ALPHA ARCHTCT US QUNTV VAL ETF | 02072l102 | 251,355 | $10,720 | 5.10% |
| 8 | MICROSOFT CORP | MSFT | 27,787 | $10,431 | 4.96% |
| 9 | ALPHABET INC CLASS A | GOOG | 64,273 | $9,939 | 4.73% |
| 10 | ABBOTT LABS | ABLZF | 68,986 | $9,150 | 4.35% |
| 11 | ABBVIE INC | ABBV | 38,752 | $8,119 | 3.86% |
| 12 | GLOBAL X MLP & ENERGY INFRASTR | 37954y293 | 102,392 | $6,533 | 3.11% |
| 13 | KKR & CO INC | KKRT | 55,775 | $6,448 | 3.07% |
| 14 | CISCO SYS INC | CSCO | 95,119 | $5,869 | 2.79% |
| 15 | ENERGY SELECT SECTOR SPDR ETF | 81369y506 | 60,775 | $5,679 | 2.70% |
| 16 | LOCKHEED MARTIN CORP | LMT | 11,545 | $5,157 | 2.45% |
| 17 | TESLA INC | TSLA | 19,140 | $4,960 | 2.36% |
| 18 | ROYALTY PHARMA PLC F CLASS A | RPRX | 133,235 | $4,147 | 1.97% |
| 19 | MATTHEWS EMG MRKTS CHINA ACT E | 577125792 | 125,995 | $3,527 | 1.68% |
| 20 | SPROTT URANIUM MINERS ETF | SII | 89,120 | $2,891 | 1.37% |
| 21 | ROYCE SMALL CAP TRUST CF | RVT | 201,044 | $2,862 | 1.36% |
| 22 | WISDOMTREE US QLT DIV GRW ETF | WT | 28,010 | $2,236 | 1.06% |
| 23 | HOWARD HUGHES HLDGS INC | HHH | 15,292 | $1,132 | 0.54% |
| 24 | SCHWAB FUNDAMNTL INTRNL EQT ET | 808524755 | 15,403 | $556 | 0.26% |
| 25 | SPROTT PHYSICAL GOLD ETV | PHYS | 12,000 | $288 | 0.14% |
| 26 | HOME DEPOT INC | HD | 636 | $233 | 0.11% |
| 27 | DIREXION DAILY AAPL BEAR 1X ET | 25461a304 | 10,000 | $170 | 0.08% |