Q1 2025 · 13F-HR
MENLO ADVISORS LLCholdings as filed
Filed 2025-04-14 · accession 0001279708-25-000002
$210,318
Reported value
27
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 084670702 | BRK/B | BERKSHIRE HATHAWAY CLASS B | $28,499 | 13.6% | 53,512 | Common | NONE |
| 78462f953 | — | PUT SPDR S&P 500 $530 EXP 01/1 | $27,970 | 13.3% | 50,000 | Common | NONE |
| 78463v107 | — | SPDR GOLD SHARES ETF | $17,599 | 8.37% | 61,081 | Common | NONE |
| 02079k107 | — | ALPHABET INC CLASS C | $12,216 | 5.81% | 78,193 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $11,995 | 5.70% | 54,001 | Common | NONE |
| 92189f106 | — | VANECK GOLD MINERS ETF | $10,992 | 5.23% | 239,115 | Common | NONE |
| 02072l102 | — | ALPHA ARCHTCT US QUNTV VAL ETF | $10,720 | 5.10% | 251,355 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $10,431 | 4.96% | 27,787 | Common | NONE |
| 02079k305 | — | ALPHABET INC CLASS A | $9,939 | 4.73% | 64,273 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $9,150 | 4.35% | 68,986 | Common | NONE |
| 00287y109 | — | ABBVIE INC | $8,119 | 3.86% | 38,752 | Common | NONE |
| 37954y293 | — | GLOBAL X MLP & ENERGY INFRASTR | $6,533 | 3.11% | 102,392 | Common | NONE |
| 48251w104 | — | KKR & CO INC | $6,448 | 3.07% | 55,775 | Common | NONE |
| 17275r102 | — | CISCO SYS INC | $5,869 | 2.79% | 95,119 | Common | NONE |
| 81369y506 | — | ENERGY SELECT SECTOR SPDR ETF | $5,679 | 2.70% | 60,775 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $5,157 | 2.45% | 11,545 | Common | NONE |
| 88160r101 | — | TESLA INC | $4,960 | 2.36% | 19,140 | Common | NONE |
| g7709q104 | — | ROYALTY PHARMA PLC F CLASS A | $4,147 | 1.97% | 133,235 | Common | NONE |
| 577125792 | MEMX | MATTHEWS EMG MRKTS CHINA ACT E | $3,527 | 1.68% | 125,995 | Common | NONE |
| 85208p303 | — | SPROTT URANIUM MINERS ETF | $2,891 | 1.37% | 89,120 | Common | NONE |
| 780910105 | RVT | ROYCE SMALL CAP TRUST CF | $2,862 | 1.36% | 201,044 | Common | NONE |
| 97717x669 | — | WISDOMTREE US QLT DIV GRW ETF | $2,236 | 1.06% | 28,010 | Common | NONE |
| 44267t102 | — | HOWARD HUGHES HLDGS INC | $1,132 | 0.54% | 15,292 | Common | NONE |
| 808524755 | FNDF | SCHWAB FUNDAMNTL INTRNL EQT ET | $556 | 0.26% | 15,403 | Common | NONE |
| 85207h104 | — | SPROTT PHYSICAL GOLD ETV | $288 | 0.14% | 12,000 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $233 | 0.11% | 636 | Common | NONE |
| 25461a304 | — | DIREXION DAILY AAPL BEAR 1X ET | $170 | 0.08% | 10,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.