Menlo Advisors LLC
- SEC CIK
- 0001279708
- Latest filing
- Sep 10, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 6, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 29
- +2 vs. Q1 2025
- Portfolio value
- $185.6M
- −$24.7M (−11.8%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Direxion Shs ETF Tr25461A304 | DLY AAPL BEAR 1X | 10,000 | $175.0K | 0.1% | 00.0% | Unchanged | – |
| AMZNAmazon Com Inc | Stock | 1,000 | $219.0K | 0.1% | +1,000 | New | History |
| HDHome Depot, Inc. | Stock | 636 | $233.0K | 0.1% | 00.0% | Unchanged | History |
| CRWDCrowdStrike Holdings, Inc. | Stock | 561 | $285.0K | 0.2% | +561 | New | History |
| PHYSSprott Physical Gold Trust | PHYSICAL GOLD TR | 12,000 | $304.0K | 0.2% | 00.0% | Unchanged | History |
| Schwab Fundamental International Equity ETF808524755 | ETF | 15,403 | $616.0K | 0.3% | 00.0% | Unchanged | – |
| SPDR S&P 500 ETF Tr78462F953 | PUT | 1,000 | $841.0K | 0.5% | −49,000−98.0% | Reduced | – |
| HHHHoward Hughes Holdings Inc. | COM | 14,827 | $1.00M | 0.5% | −465−3.0% | Reduced | History |
| WisdomTree Tr97717X669 | US QTLY DIV GRT | 27,935 | $2.34M | 1.3% | −75−0.3% | Reduced | – |
| RVTRoyce Small-Cap Trust, Inc. | COM | 195,242 | $2.94M | 1.6% | −5,802−2.9% | Reduced | History |
| PSLVSprott Physical Silver Trust | PHYSICAL SILVER | 253,380 | $3.10M | 1.7% | +253,380 | New | History |
| Matthews Asia FDS577125792 | EMER MARK EX ETF | 123,590 | $4.04M | 2.2% | −2,405−1.9% | Reduced | – |
| Sprott FDS Tr85208P303 | URANIUM MINERS E | 86,804 | $4.16M | 2.2% | −2,316−2.6% | Reduced | – |
| RPRXRoyalty Pharma plc | SHS CLASS A | 131,325 | $4.73M | 2.5% | −1,910−1.4% | Reduced | History |
| LMTLockheed Martin Corp | Stock | 11,345 | $5.25M | 2.8% | −200−1.7% | Reduced | History |
| TSLATesla, Inc. | Stock | 19,140 | $6.08M | 3.3% | 00.0% | Unchanged | History |
| Global X FDS37954Y293 | GLB X MLP ENRG I | 100,697 | $6.31M | 3.4% | −1,695−1.7% | Reduced | – |
| CSCOCisco Systems, Inc. | Stock | 93,944 | $6.52M | 3.5% | −1,175−1.2% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 38,252 | $7.10M | 3.8% | −500−1.3% | Reduced | History |
| KKRKKR & Co. Inc. | COM | 54,175 | $7.21M | 3.9% | −1,600−2.9% | Reduced | History |
| ABTAbbott Laboratories | Stock | 67,536 | $9.19M | 4.9% | −1,450−2.1% | Reduced | History |
| AAPLApple Inc. | Stock | 53,001 | $10.9M | 5.9% | −1,000−1.9% | Reduced | History |
| Alpha Architect ETF Tr02072L102 | US QUAN VALUE | 248,740 | $10.9M | 5.9% | −2,615−1.0% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 63,473 | $11.2M | 6.0% | −800−1.2% | Reduced | History |
| VanEck ETF Trust92189F106 | GOLD MINERS ETF | 236,215 | $12.3M | 6.6% | −2,900−1.2% | Reduced | – |
| MSFTMicrosoft Corp | Stock | 27,172 | $13.5M | 7.3% | −615−2.2% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 77,393 | $13.7M | 7.4% | −800−1.0% | Reduced | History |
| GLDSPDR Gold Trust | ETF | 48,503 | $14.8M | 8.0% | −12,578−20.6% | Reduced | History |
| BRK.BBerkshire Hathaway Inc | Stock | 52,702 | $25.6M | 13.8% | −810−1.5% | Reduced | History |
Sold out since Q1 2025 (1)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 60,775 | $5.68M | 2.7% | – |