MENLO ADVISORS LLC

Q1 2014 13F-HR Holdings

Location
Menlo Park, CA
Holdings as of
3/31/2014
Date filed
4/22/2014
Form type
13F-HR
Num holdings
32
Total value ($000)
$130,016
Net value change ($000)
-1,551 (-1.2%)
New positions
4
Sold out positions
3
Turnover %
21.3%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DXJ 4,488 NEW
VOD 3,976 NEW
Vaneck Vectors Gold Miners ETF 2,900 NEW
VZ 2,546 NEW
HHH 1,170 19.6%
BRK-B 950 6.9%
GLW 930 16.4%
BAC 641 12.0%
MSFT 541 7.8%
Medtronic PLC 284 5.0%
Top Reduces (Value $000, Stocks/ETFs)
VOD -7,913 -100.0%
GENERAL GROWTH PPTYS INC NEW -3,190 -100.0%
SUPERIOR ENERGY SERVICES INC -2,636 -100.0%
HRSGBX -2,244 -28.5%
Alphabet Inc. Class C -1,910 -27.0%
Yahoo! Inc. -873 -11.6%
BGFV -579 -19.0%
DDS -272 -5.3%
CVX -243 -6.8%
AAPL -173 -6.6%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type