Menlo Advisors have current investment portfolio exceeding $131 million with Berkshire Hathaway Inc. (NYSE:BRK.B), Microsoft Corporation (NASDAQ:MSFT), Howard Hughes Corp (NYSE:HHC) as its primary stock holdings. According to the recent SEC 13F filing of Menlo Advisors LLC on October 30, finance and information technology are among the primary investments of the company.
Berkshire Hathaway Inc. (NYSE:BRK.B) is the largest stock investment of Menlo Advisors LLC with 116,220 shares of the investment firm at current market value of $16 million. Among the latest investment moves of Berkshire Hathaway Inc. (NYSE:BRK.B), its acquisition of Procter & Gamble Co (NYSE:PG)’s Duracell battery unit is the latest and its acquisition is likely to close in mid-2015. Berkshire Hathaway Inc. (NYSE:BRK.B) has current market capitalization of $366.43 billion and class B shares of the investment firm are trading at $148.69.
Menlo Advisors LLC has its second largest investment in Microsoft Corporation (NASDAQ:MSFT) with 182,425 shares of the company at current market value of $8.45 million. Microsoft Corporation (NASDAQ:MSFT) is facing tax evasion charges in China as reported by the official news agency of China. The Windows manufacturer is likely to pay up to $140 million in back taxes and its associated interest. Some of the primary investors of Microsoft Corporation (NASDAQ:MSFT) include Valueact Capital, Yacktman Asset Management, and First Eagle Investment Management. (Click here to see a complete list of hedge funds holdings positions in MSFT at the end of the third quarter)
Howard Hughes Corp (NYSE:HHC) comes at number three in the investment portfolio of Menlo Advisors LLC with 49,391 shares of the company at current market value of $7.40 million. Howard Hughes Corp (NYSE:HHC) announced net income of $15.5 million in its third quarter 2014. Horizon Asset Management, Pershing Square, and JHL Capital Group are the primary investors of Howard Hughes Corp (NYSE:HHC).
This article has been written by Prakash Pandey.