Fund · CIK 1279708
Menlo Advisors LLC
Jun 30, 2026Filed Sep 10, 2026 · SEC filing ↗
Reported value$228M +2%
Positions30
Opened · sold out3 · 3
Last four quarters
Bars show reported value| Quarter | Reported value | Positions | Opened | Sold out |
|---|---|---|---|---|
| Q2 2026 | $228M | 30 | 3 | 3 |
| Q1 2026 | $223M | 30 | 0 | 0 |
| Q4 2025 | $223M | 30 | 1 | 0 |
| Q3 2025 | $211M | 29 | 0 | 0 |
Holdings
Share positions at Jun 30, 2026| Stock | % of fund | Value | Shares | Since Q1 2026 |
|---|---|---|---|---|
| BRK-BBerkshire Hathaway Inc-Cl BCL B NEW | 11.1% | $25.3M | 50,575 | Held |
| GOOGAlphabet Inc-Cl CCAP STK CL C | 10.9% | $24.8M | 70,325 | Cut −5% |
| GOOGLAlphabet Inc-Cl ACAP STK CL A | 8.2% | $18.7M | 52,230 | Cut −9% |
| GLDSPDR Gold SharesGOLD SHS | 7.7% | $17.4M | 47,353 | Cut −1% |
| AAPLApple IncCOM | 6.0% | $13.6M | 47,097 | Held |
| QVALAlpha Arch US Qnt Value ETFCOM | 5.8% | $13.3M | 240,365 | Held |
| GDXVaneck Gold Miners ETFUIUS | 5.5% | $12.5M | 165,992 | Cut −27% |
| CSCOCisco Systems IncCOM | 4.6% | $10.6M | 90,019 | Held |
| MSFTMicrosoft CorpCOM | 4.3% | $9.8M | 26,282 | Held |
| ABBVAbbvie IncCOM | 4.2% | $9.6M | 38,102 | Held |
| MLPXGlobal X Mlp & Energy InfrasCOM | 3.7% | $8.5M | 115,872 | Added +17% |
| TSLATesla IncCOM | 3.5% | $8.1M | 19,140 | Held |
| RPRXRoyalty Pharma Plc- Cl ACOM | 3.1% | $7.1M | 126,940 | Cut −1% |
| MEMXMatthews Em Ex China ActiveCOM | 2.8% | $6.3M | 126,030 | Held |
| ABTAbbott LaboratoriesCOM | 2.7% | $6.2M | 67,919 | Added +1% |
| LMTLockheed Martin CorpCOM | 2.6% | $6.0M | 11,686 | Held |
| CAICaris Life Sciences IncCOM | 2.3% | $5.4M | 300,518 | New |
| CFCf Industries Holdings IncCOM | 2.3% | $5.2M | 48,375 | New |
| PSLVSprott Physical Silver TrustCOM | 2.1% | $4.7M | 251,710 | Held |
| URNMSprott Uranium Miners ETFCOM | 2.0% | $4.6M | 86,674 | Held |
| KKRKkr & Co IncCOM | 1.8% | $4.2M | 45,675 | Cut −2% |
| DGRWWisdomtree U.S. Quality DiviCOM | 1.1% | $2.5M | 25,755 | Cut −6% |
| FNDFSchwab Fndmn Intl Lrg Co ETFFUNDAMENTAL INTL | 0.6% | $1.3M | 23,846 | Held |
| MUMicron Technology IncCOM | 0.3% | $577K | 500 | Cut −57% |
| CRWDCrowdstrike Holdings Inc - ACOM | 0.2% | $428K | 561 | Held |
| PHYSSprott Physical Gold TrustCOM | 0.2% | $362K | 12,000 | Held |
| INTCIntel CorpCOM | 0.2% | $342K | 2,455 | New |
| AMZNAmazon.Com IncCOM | 0.1% | $238K | 1,000 | Held |
| HDHome Depot IncCOM | 0.1% | $224K | 636 | Held |
| AAPDDirexion Daily Aapl Bear 1xCOM | 0.1% | $121K | 10,000 | Held |
Sold out
Held at Mar 31, 2026, gone at Jun 30, 2026| Stock | % of fund in Q1 2026 | Value in Q1 2026 |
|---|---|---|
| Royce Small-Cap Trust IncCOM | 1.3% | $2.9M |
| HHHHoward Hughes Holdings IncCOM | 0.4% | $939K |
| SPYSs SPDR S&P 500 ETF Trust-UsTR UNIT | 0.3% | $575K |
This filing reported values in thousands of dollars; they are shown here in dollars.