Menlo Advisors LLC
- SEC CIK
- 0001279708
- Latest filing
- Sep 10, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Sep 10, 2026. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 29
- 0 vs. Q2 2025
- Portfolio value
- $210.6M
- +$25.1M (+13.5%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| BRK.BBerkshire Hathaway Inc | Stock | 51,772 | $26.0M | 12.4% | −930−1.8% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 74,243 | $18.1M | 8.6% | −3,150−4.1% | Reduced | History |
| VanEck ETF Trust92189F106 | GOLD MINERS ETF | 229,090 | $17.5M | 8.3% | −7,125−3.0% | Reduced | – |
| GLDSPDR Gold Trust | ETF | 47,803 | $17.0M | 8.1% | −700−1.4% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 61,973 | $15.1M | 7.2% | −1,500−2.4% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 26,397 | $13.7M | 6.5% | −775−2.9% | Reduced | History |
| AAPLApple Inc. | Stock | 52,157 | $13.3M | 6.3% | −844−1.6% | Reduced | History |
| Alpha Architect ETF Tr02072L102 | US QUAN VALUE | 241,375 | $11.3M | 5.3% | −7,365−3.0% | Reduced | – |
| ABTAbbott Laboratories | Stock | 67,196 | $9.00M | 4.3% | −340−0.5% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 38,102 | $8.82M | 4.2% | −150−0.4% | Reduced | History |
| TSLATesla, Inc. | Stock | 19,140 | $8.51M | 4.0% | 00.0% | Unchanged | History |
| KKRKKR & Co. Inc. | COM | 48,380 | $6.29M | 3.0% | −5,795−10.7% | Reduced | History |
| CSCOCisco Systems, Inc. | Stock | 91,344 | $6.25M | 3.0% | −2,600−2.8% | Reduced | History |
| Global X FDS37954Y293 | GLB X MLP ENRG I | 99,237 | $6.22M | 3.0% | −1,460−1.4% | Reduced | – |
| LMTLockheed Martin Corp | Stock | 11,640 | $5.81M | 2.8% | +295+2.6% | Added | History |
| Sprott FDS Tr85208P303 | URANIUM MINERS E | 86,304 | $5.21M | 2.5% | −500−0.6% | Reduced | – |
| RPRXRoyalty Pharma plc | SHS CLASS A | 127,640 | $4.50M | 2.1% | −3,685−2.8% | Reduced | History |
| Matthews Asia FDS577125792 | EMER MARK EX ETF | 125,840 | $4.39M | 2.1% | +2,250+1.8% | Added | – |
| PSLVSprott Physical Silver Trust | PHYSICAL SILVER | 251,960 | $3.96M | 1.9% | −1,420−0.6% | Reduced | History |
| RVTRoyce Small-Cap Trust, Inc. | COM | 191,083 | $3.08M | 1.5% | −4,159−2.1% | Reduced | History |
| WisdomTree Tr97717X669 | US QTLY DIV GRT | 27,935 | $2.48M | 1.2% | 00.0% | Unchanged | – |
| HHHHoward Hughes Holdings Inc. | COM | 14,427 | $1.19M | 0.6% | −400−2.7% | Reduced | History |
| Schwab Fundamental International Equity ETF808524755 | ETF | 23,778 | $1.02M | 0.5% | +8,375+54.4% | Added | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 2,500 | $775.0K | 0.4% | +2,500 | New | History |
| PHYSSprott Physical Gold Trust | PHYSICAL GOLD TR | 12,000 | $355.0K | 0.2% | 00.0% | Unchanged | History |
| CRWDCrowdStrike Holdings, Inc. | Stock | 561 | $275.0K | 0.1% | 00.0% | Unchanged | History |
| HDHome Depot, Inc. | Stock | 636 | $257.0K | 0.1% | 00.0% | Unchanged | History |
| AMZNAmazon Com Inc | Stock | 1,000 | $219.0K | 0.1% | 00.0% | Unchanged | History |
| Direxion Shs ETF Tr25461A304 | DLY AAPL BEAR 1X | 10,000 | $140.0K | 0.1% | 00.0% | Unchanged | – |
Sold out since Q2 2025 (1)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| SPDR S&P 500 ETF Tr78462F953 | PUT | 1,000 | $841.0K | 0.5% | – |