Q2 2026 13F · SEC CIK 1313998

Bristlecone Value Partners, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $124.3M
Reported positions: 70
Holdings vs S&P 500, 3 yrs: —
Assets under management: $188.4M

Bristlecone Value Partners, LLC is a wealth manager that reported 70 positions worth $124.3M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Vanguard Ftse Developed Markets Index Fu (VEA, 13.4%), Schwab Strategic Tr (FNDX, 9.3%), Vanguard Specialized Funds (VIG, 8.4%).

Bristlecone Value Partners, LLC holdings largest 50 of 70 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Bristlecone Value Partners, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VEAVanguard Ftse Developed Markets Index Fu	13.4%	13.2%	234,679	+0.1%	$16.7M
FNDXSchwab Strategic Tr	9.3%	9.2%	371,784	-0.9%	$11.6M
VIGVanguard Specialized Funds	8.4%	8.3%	44,193	+0.4%	$10.5M
DGSWisdomtree Tr	6.2%	6.3%	118,729	-1.0%	$7.7M
VIGIVanguard Whitehall Fds	3.9%	4.0%	51,562	+0.0%	$4.8M
VOOVanguard Index Fds	3.7%	3.4%	6,697	+3.2%	$4.6M
IJRIshares Tr	3.6%	3.2%	29,802	+0.4%	$4.4M
AVDVAmerican Centy ETF Tr	3.4%	3.6%	41,546	+0.1%	$4.3M
REETIshares Tr	2.8%	2.7%	126,409	+4.8%	$3.5M
BNDVanguard Bd Index Fds	2.8%	3.1%	47,276	+0.0%	$3.5M
VUSBVanguard Bd Index Fds	2.6%	2.6%	66,007	+12.7%	$3.3M
GNRSpdr Index Shs Fds	2.6%	3.2%	48,469	-1.2%	$3.3M
CGCPCapital Grp Fixed Incm ETF T	2.1%	2.1%	117,825	+8.1%	$2.6M
PICBInvesco International Corporate Bond ETF	1.9%	1.9%	100,865	+9.0%	$2.3M
FNDFSchwab Strategic Tr	1.8%	1.8%	42,398	+0.3%	$2.2M
INTCIntel Corp	1.7%	0.6%	14,743	-0.3%	$2.1M
BACBank of Amer Corp	1.6%	1.5%	34,234	-0.0%	$2.0M
JCIJohnson Controls Internation	1.4%	1.4%	11,757	-0.5%	$1.7M
VOEVanguard Index Fds	1.3%	1.3%	8,121	+1.3%	$1.6M
VTIPVanguard Malvern Fds	1.1%	1.9%	28,328	-34.9%	$1.4M
FDMFirst Tr Exchange-Traded Fd	1.1%	1.1%	14,565	-5.8%	$1.4M
LOWLowes Cos Inc	1.1%	1.3%	6,075	-0.2%	$1.3M
BRK-BBerkshire Hathaway Inc Del	1.1%	1.1%	2,669	-0.1%	$1.3M
VMIValmont Inds Inc Com	1.1%	0.8%	2,291	+0.0%	$1.3M
MKLMarkel Group Inc	1.0%	1.1%	654	+0.8%	$1.3M
AXPAmerican Express Co	0.9%	0.9%	3,484	+0.0%	$1.2M
JMSTJ P Morgan Exchange Traded F	0.9%	1.0%	22,795	-0.3%	$1.2M
PEPPepsico Inc	0.8%	1.0%	7,608	+0.0%	$1.0M
VTEBVanguard Mun Bd Fds	0.8%	0.8%	20,188	+5.7%	$1.0M
BUDAnheuser Busch Inbev SA NV	0.8%	0.7%	11,859	+0.0%	$977K
VRPInvesco Exch Traded Fd Tr II	0.8%	0.8%	38,832	+5.8%	$944K
FNDCSchwab Strategic Tr	0.7%	0.7%	17,269	-0.3%	$839K
GHCGraham Hldgs Co Com Cl B	0.6%	0.6%	677	+0.0%	$773K
AMGNAmgen Inc	0.6%	0.6%	2,008	+0.0%	$727K
HGTYHagerty Inc	0.6%	0.6%	60,093	+0.0%	$716K
FNDASchwab Strategic Tr	0.5%	0.6%	17,232	-14.7%	$656K
UHALBU Haul Holding Company	0.5%	0.4%	10,561	+0.0%	$609K
AGCOAgco Corp	0.5%	0.5%	5,031	+0.0%	$602K
WIPSpdr Series Trust	0.5%	0.4%	14,871	+23.5%	$586K
NRGNrg Energy Inc	0.5%	0.5%	3,890	+0.0%	$568K
RLGTRadiant Logistics Inc	0.4%	0.4%	58,430	+0.0%	$553K
KMXCarmax Inc	0.4%	—	9,711	—	$514K
AAPLApple Inc	0.4%	0.4%	1,700	-0.1%	$492K
KOPKoppers Holdings Inc	0.4%	0.4%	10,650	+0.0%	$478K
CXCemex Sab de Cv Spon ADR New	0.4%	0.4%	39,680	+0.0%	$476K
CMTCore Molding Tech	0.4%	0.4%	20,000	+0.0%	$472K
METAMeta Platforms Inc	0.4%	0.4%	825	-0.1%	$465K
CALIBlackrock ETF Trust II	0.4%	—	9,132	—	$461K
NKENike Inc	0.4%	0.4%	11,120	+29.4%	$456K
MCFTMasterCraft Boat Holdings	0.4%	—	17,000	—	$439K

What Bristlecone Value Partners, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

NKE Nike Inc+29.4% shares
WIP Spdr Series Trust+23.5% shares
VUSB Vanguard Bd Index Fds+12.7% shares
PICB Invesco International Corporate Bond ETF+9.0% shares
CGCP Capital Grp Fixed Incm ETF T+8.1% shares
VRP Invesco Exch Traded Fd Tr II+5.8% shares
VTEB Vanguard Mun Bd Fds+5.7% shares

Reduced

VTIP Vanguard Malvern Fds-34.9% shares
FNDA Schwab Strategic Tr-14.7% shares
FDM First Tr Exchange-Traded Fd-5.8% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$124.3M	70
Q1 2026	$113.6M	68
Q4 2025	$86.7M	36

Questions about Bristlecone Value Partners, LLC's portfolio

What stocks does Bristlecone Value Partners, LLC own?

Bristlecone Value Partners, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 70 positions worth $124.3M. The largest are Vanguard Ftse Developed Markets Index Fu (VEA) at 13.4%, Schwab Strategic Tr (FNDX) at 9.3%, Vanguard Specialized Funds (VIG) at 8.4%, Wisdomtree Tr (DGS) at 6.2% and Vanguard Whitehall Fds (VIGI) at 3.9%.

What did Bristlecone Value Partners, LLC buy last quarter?

In Q2 2026, Bristlecone Value Partners, LLC added Nike Inc (NKE) (+29.4% shares), Spdr Series Trust (WIP) (+23.5% shares) and Vanguard Bd Index Fds (VUSB) (+12.7% shares), compared with its Q1 2026 filing.

What did Bristlecone Value Partners, LLC sell last quarter?

In Q2 2026, Bristlecone Value Partners, LLC cut from its top 50 Nutrien Ltd (NTR), cut from its top 50 Occidental Pete Corp (OXY), cut from its top 50 Yum Brands Inc (YUM), Vanguard Malvern Fds (VTIP) (-34.9% shares), Schwab Strategic Tr (FNDA) (-14.7% shares) and First Tr Exchange-Traded Fd (FDM) (-5.8% shares), compared with its Q1 2026 filing.

When is Bristlecone Value Partners, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Bristlecone Value Partners, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Bristlecone Value Partners, LLC manage?

Bristlecone Value Partners, LLC reported $188.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $124.3M.