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Institutional Investment Manager
MENLO ADVISORS LLC
MENLO ADVISORS LLC (CIK: 0001279708), located at 659 Oak Grove Avenue, Menlo Park, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 43 holdings with a total value of $117,714,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 106,933 15,482,000 13.15%
2 MARKEL CORP 6,407 6,104,000 5.19%
3 SPDR GOLD TRUST 46,924 5,934,000 5.04%
4 MEDTRONIC PLC COM 66,890 5,804,000 4.93%
5 The Howard Hughes Corp. 47,931 5,479,000 4.65%
6 ALLEGHANY CORP 9,175 5,042,000 4.28%
7 Cisco Systems Inc 171,320 4,915,000 4.18%
8 VODAFONE GROUP PLC NEW 155,661 4,808,000 4.08%
9 MICROSOFT CORP 93,972 4,808,000 4.08%
10 AbbVie Inc 75,701 4,686,000 3.98%
11 BANK AMER CORP 332,370 4,410,000 3.75%
12 AMERICAN INTL GROUP INC 76,708 4,057,000 3.45%
13 ProShares Short S&P 500 Ne 101,954 4,042,000 3.43%
14 VALUESHARES U S QUANTITATIVE V 188,060 4,019,000 3.41%
15 LIBERTY MEDIA CORP SERIES C 210,432 3,991,000 3.39%
16 LIBERTY M SIRIUSXM C 109,879 3,391,000 2.88%
17 ALPHABET INC 4,617 3,195,000 2.71%
18 CORNING INC 146,475 2,999,000 2.55%
19 CAMBRIA ETF TR 163,986 2,993,000 2.54%
20 ALAPHABET INC 4,251 2,990,000 2.54%
21 Vaneck Vectors Gold Miners ETF 107,475 2,978,000 2.53%
22 APPLE INC 25,807 2,467,000 2.10%
23 QUALCOMM INC 44,360 2,376,000 2.02%
24 ISHARES TR 18,720 1,986,000 1.69%
25 SPDR NUVEEN BARCLAYS XXX REVER 40,261 1,976,000 1.68%
26 ABBOTT LABS 48,742 1,916,000 1.63%
27 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 5,660 629,000 0.53%
28 Tesla Motors, Inc. 2,690 571,000 0.49%
29 BLACKROCK CALIFORNIA MUN 33,770 512,000 0.43%
30 VALUESHARES INTRNTNL QNTV VAL 16,160 353,000 0.30%
31 TRINET GROUP INC 16,100 334,000 0.28%
32 SOLAR SR CAP LTD 19,540 314,000 0.27%
33 WISDOMTREE FUNDAMENTAL US SHOR 5,720 285,000 0.24%
34 GUGGENHEIM S&P 500 EQUAL WEIGH 3,350 269,000 0.23%
35 DUFF & PHELPS UTILITY & 27,245 265,000 0.23%
36 NORTHWEST NAT GAS CO 4,000 259,000 0.22%
37 ISHARES CORE 1 5 YEAR USD BOND 2,500 253,000 0.21%
38 COHEN STEERS REIT PREFER 10,278 211,000 0.18%
39 LIBERTY BRAVES GR C 10,969 160,000 0.14%
40 VEREIT Inc 12,787 129,000 0.11%
41 ACCURAY INCORPORATED COM 22,000 114,000 0.10%
42 CRIMSON WINE GROUP 13,169 110,000 0.09%
43 NEW YORK REIT INC 10,632 98,000 0.08%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001279708-16-000022, filed 2016.07.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.