MENLO ADVISORS LLC
Holdings as of 2025-09-30, filed 2026-09-10
This is history, not a current position. These holdings describe 2025-09-30, and the report became public 345 days later. The portfolio has changed since.
Aggregates
computed from the positions belowPositions reported
30
Value reported by manager
$210.6K
Sum of our stored positions
$210.6K
should match the line above
Disclosure lag
345 d
quarter end to filing
Top 5 concentration
44.5%
of the positions shown
New positions
0
vs previous quarter
Exited
0
vs previous quarter
Option positions
0
puts and calls
Positions
30 largest shown| Issuer | Class | Value | Shares | Type | CUSIP |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY CLASS B | COM | $26K | 51,772 | — | 084670702 |
| ALPHABET INC CLASS CLASS C | COM | $18.1K | 74,243 | — | 02079K107 |
| VANECK GOLD MINERS ETF | UIUS | $17.5K | 229,090 | — | 92189F106 |
| SPDR GOLD SHARES | UIUS | $17K | 47,803 | — | 78463V107 |
| ALPHABET INC CLASS A | COM | $15.1K | 61,973 | — | 02079K305 |
| MICROSOFT CORP | COM | $13.7K | 26,397 | — | 594918104 |
| APPLE INC | COM | $13.3K | 52,157 | — | 037833100 |
| ALPHA ARCHITECT U.S. QUANTITAT | COM | $11.3K | 241,375 | — | 02072L102 |
| ABBOTT LABS | COM | $9K | 67,196 | — | 002824100 |
| ABBVIE INC | COM | $8.8K | 38,102 | — | 00287Y109 |
| TESLA INC | COM | $8.5K | 19,140 | — | 88160R101 |
| KKR & CO INC | COM | $6.3K | 48,380 | — | 48251W104 |
| CISCO SYS INC | COM | $6.2K | 91,344 | — | 17275R102 |
| GLOBAL X MLP & ENERGY INFRASTR | COM | $6.2K | 99,237 | — | 37954Y293 |
| LOCKHEED MARTIN CORP | COM | $5.8K | 11,640 | — | 539830109 |
| SPROTT URANIUM MINERS ETF | COM | $5.2K | 86,304 | — | 85208P303 |
| ROYALTY PHARMA PLC F CLASS A | COM | $4.5K | 127,640 | — | G7709Q104 |
| MATTHEWS EMERGING MARKETS EX C | COM | $4.4K | 125,840 | — | 577125792 |
| SPROTT PHYSICAL SILVER E | COM | $4K | 251,960 | — | 85207K107 |
| ROYCE SMALL CAP TRUST CF | COM | $3.1K | 191,083 | — | 780910105 |
| WISDOMTREE U.S. QUALITY DIVIDE | COM | $2.5K | 27,935 | — | 97717X669 |
| HOWARD HUGHES HLDGS INC | COM | $1.2K | 14,427 | — | 44267T102 |
| SCHWAB FUNDAMENTAL INTERNATION | COM | $1K | 23,778 | — | 808524755 |
| PUT SPDR S&P 500 $530 EXP 01/1 | PUT | $509 | 2,000 | — | 78462F103 |
| SPROTT PHYSGLD TRST | COM | $355 | 12,000 | — | 85207H104 |
| CROWDSTRIKE HLDGS INC CLASS CL | COM | $275 | 561 | — | 22788C105 |
| PUT SPDR S&P 500 $600 EXP 12/3 | PUT | $266 | 500 | — | 78462F103 |
| HOME DEPOT INC | COM | $257 | 636 | — | 437076102 |
| AMAZON.COM INC | COM | $219 | 1,000 | — | 023135106 |
| DIREXION DAILY AAPL BEAR 1X SH | COM | $140 | 10,000 | — | 25461A304 |
Values are shown exactly as filed. Before 2023 managers reported in thousands of dollars and afterwards in whole dollars; the reporting unit is not always determinable from the document, so nothing is converted automatically.
Source: U.S. Securities and Exchange Commission, Form 13F · as of 2026-09-10