BRISTLECONE VALUE PARTNERS, LLC

Filed: 5/8/2026ACC: 0001313998-26-000007

📋 What this filing means

BRISTLECONE VALUE PARTNERS, LLC filed this quarterly 13F‑HR report disclosing 68 equity positions with a total reported market value of $113.64M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$113.64M

Total AUM (reported)

2.12M

Total Shares

Allocation by class

COM$15.36M13.5%

VAN FTSE DEV MKT$15.03M13.2%

FUNDAMENTAL US L$10.45M9.2%

DIV APP ETF$9.47M8.3%

EMG MKTS SMCAP$7.21M6.3%

INTL DVD ETF$4.56M4.0%

INTL SMCP VLU$4.15M3.6%

Portfolio Concentration

Top 3$34.94M30.7%

4–10$30.63M26.9%

11–25$27.04M23.8%

Rest$21.04M18.5%

Top 3 weight

30.7%

Top 10 weight

57.7%

Voting Authority Distribution

Total shares with voting rights: 2.12M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.12M

% of voting shares100.0%

Investment Discretion (by position count)

Sole68

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings68

Rows:

VANGUARD FTSE DEVELOPED MARKETS ETF

SOLE

VAN FTSE DEV MKT

Shares234.48K

TypeSH

Market value$15.03M

13.22%

Sole

0.00

Shared

0.00

None

234.48K

SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF

SOLE

FUNDAMENTAL US L

Shares375.20K

TypeSH

Market value$10.45M

9.19%

Sole

0.00

Shared

0.00

None

375.20K

VANGUARD DIVIDEND APPRECIATION ETF

SOLE

DIV APP ETF

Shares44.02K

TypeSH

Market value$9.47M

8.33%

Sole

0.00

Shared

0.00

None

44.02K

WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND ETF

SOLE

EMG MKTS SMCAP

Shares119.99K

TypeSH

Market value$7.21M

6.35%

Sole

0.00

Shared

0.00

None

119.99K

VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF

SOLE

INTL DVD ETF

Shares51.55K

TypeSH

Market value$4.56M

4.01%

Sole

0.00

Shared

0.00

None

51.55K

AVANTIS INTERNATIONAL SMALL CAP VALUE ETF

SOLE

INTL SMCP VLU

Shares41.51K

TypeSH

Market value$4.15M

3.65%

Sole

0.00

Shared

0.00

None

41.51K

VANGUARD S&P 500 ETF

SOLE

S&P 500 ETF SHS

Shares6.49K

TypeSH

Market value$3.88M

3.41%

Sole

0.00

Shared

0.00

None

6.49K

ISHARES CORE S&P SMALL CAP ETF

SOLE

CORE S&P SCP ETF

Shares29.67K

TypeSH

Market value$3.69M

3.25%

Sole

0.00

Shared

0.00

None

29.67K

STATE STREET SPDR S&P GLOBAL NATURAL RESOURCES ETF

SOLE

STATE STREET SPD

Shares49.05K

TypeSH

Market value$3.66M

3.22%

Sole

0.00

Shared

0.00

None

49.05K

VANGUARD TOTAL BOND MARKET ETF

SOLE

TOTAL BND MRKT

Shares47.28K

TypeSH

Market value$3.48M

3.06%

Sole

0.00

Shared

0.00

None

47.28K

ISHARES GLOBAL REIT ETF

SOLE

GLOBAL REIT ETF

Shares120.66K

TypeSH

Market value$3.03M

2.67%

Sole

0.00

Shared

0.00

None

120.66K

VANGUARD ULTRA-SHORT BOND ETF

SOLE

VANGUARD ULTRA

Shares58.58K

TypeSH

Market value$2.92M

2.57%

Sole

0.00

Shared

0.00

None

58.58K

CAPITAL GROUP CORE PLUS INCOME ETF

SOLE

CORE PLUS INCM

Shares108.97K

TypeSH

Market value$2.43M

2.14%

Sole

0.00

Shared

0.00

None

108.97K

VANGUARD SHORT TERM INFL-PROTECTED

SOLE

STRM INFPROIDX

Shares43.51K

TypeSH

Market value$2.17M

1.91%

Sole

0.00

Shared

0.00

None

43.51K

POWERSHARES INTERNATIONAL CORP BOND ETF

SOLE

INTL CORP BD

Shares92.53K

TypeSH

Market value$2.14M

1.88%

Sole

0.00

Shared

0.00

None

92.53K

SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETF

SOLE

FUNDAMENTAL INTL

Shares42.29K

TypeSH

Market value$2.07M

1.82%

Sole

0.00

Shared

0.00

None

42.29K

BANK OF AMER CORP COM

SOLE

COM

Shares34.23K

TypeSH

Market value$1.67M

1.47%

Sole

0.00

Shared

0.00

None

34.23K

JOHNSON CTLS INTL PLC SHS

SOLE

SHS

Shares11.82K

TypeSH

Market value$1.55M

1.36%

Sole

0.00

Shared

0.00

None

11.82K

VANGUARD MID-CAP VALUE ETF

SOLE

MCAP VL IDXVIP

Shares8.02K

TypeSH

Market value$1.48M

1.30%

Sole

0.00

Shared

0.00

None

8.02K

LOWES COS INC COM

SOLE

COM

Shares6.08K

TypeSH

Market value$1.44M

1.27%

Sole

0.00

Shared

0.00

None

6.08K

BERKSHIRE HATHAWAY INC DEL CL B NEW

SOLE

CL B NEW

Shares2.67K

TypeSH

Market value$1.28M

1.13%

Sole

0.00

Shared

0.00

None

2.67K

FIRST TRUST DOW JONES SELECT MICROCAP INDEX FUND

SOLE

COM SHS ANNUAL

Shares15.46K

TypeSH

Market value$1.27M

1.12%

Sole

0.00

Shared

0.00

None

15.46K

MARKEL CORP HOLDING CO

SOLE

COM

Shares649.00

TypeSH

Market value$1.24M

1.09%

Sole

0.00

Shared

0.00

None

649.00

PEPSICO INC COM

SOLE

COM

Shares7.61K

TypeSH

Market value$1.18M

1.04%

Sole

0.00

Shared

0.00

None

7.61K

JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF

SOLE

ULTRA SHT MUNCPL

Shares22.88K

TypeSH

Market value$1.17M

1.03%

Sole

0.00

Shared

0.00

None

22.88K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD FTSE DEVELOPED MARKETS ETFSOLE	VAN FTSE DEV MKT	234.48K	SH	$15.03M 13.22%	234.48K
SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETFSOLE	FUNDAMENTAL US L	375.20K	SH	$10.45M 9.19%	375.20K
VANGUARD DIVIDEND APPRECIATION ETFSOLE	DIV APP ETF	44.02K	SH	$9.47M 8.33%	44.02K
WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND ETFSOLE	EMG MKTS SMCAP	119.99K	SH	$7.21M 6.35%	119.99K
VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETFSOLE	INTL DVD ETF	51.55K	SH	$4.56M 4.01%	51.55K
AVANTIS INTERNATIONAL SMALL CAP VALUE ETFSOLE	INTL SMCP VLU	41.51K	SH	$4.15M 3.65%	41.51K
VANGUARD S&P 500 ETFSOLE	S&P 500 ETF SHS	6.49K	SH	$3.88M 3.41%	6.49K
ISHARES CORE S&P SMALL CAP ETFSOLE	CORE S&P SCP ETF	29.67K	SH	$3.69M 3.25%	29.67K
STATE STREET SPDR S&P GLOBAL NATURAL RESOURCES ETFSOLE	STATE STREET SPD	49.05K	SH	$3.66M 3.22%	49.05K
VANGUARD TOTAL BOND MARKET ETFSOLE	TOTAL BND MRKT	47.28K	SH	$3.48M 3.06%	47.28K
ISHARES GLOBAL REIT ETFSOLE	GLOBAL REIT ETF	120.66K	SH	$3.03M 2.67%	120.66K
VANGUARD ULTRA-SHORT BOND ETFSOLE	VANGUARD ULTRA	58.58K	SH	$2.92M 2.57%	58.58K
CAPITAL GROUP CORE PLUS INCOME ETFSOLE	CORE PLUS INCM	108.97K	SH	$2.43M 2.14%	108.97K
VANGUARD SHORT TERM INFL-PROTECTEDSOLE	STRM INFPROIDX	43.51K	SH	$2.17M 1.91%	43.51K
POWERSHARES INTERNATIONAL CORP BOND ETFSOLE	INTL CORP BD	92.53K	SH	$2.14M 1.88%	92.53K
SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETFSOLE	FUNDAMENTAL INTL	42.29K	SH	$2.07M 1.82%	42.29K
BANK OF AMER CORP COMSOLE	COM	34.23K	SH	$1.67M 1.47%	34.23K
JOHNSON CTLS INTL PLC SHSSOLE	SHS	11.82K	SH	$1.55M 1.36%	11.82K
VANGUARD MID-CAP VALUE ETFSOLE	MCAP VL IDXVIP	8.02K	SH	$1.48M 1.30%	8.02K
LOWES COS INC COMSOLE	COM	6.08K	SH	$1.44M 1.27%	6.08K
BERKSHIRE HATHAWAY INC DEL CL B NEWSOLE	CL B NEW	2.67K	SH	$1.28M 1.13%	2.67K
FIRST TRUST DOW JONES SELECT MICROCAP INDEX FUNDSOLE	COM SHS ANNUAL	15.46K	SH	$1.27M 1.12%	15.46K
MARKEL CORP HOLDING COSOLE	COM	649.00	SH	$1.24M 1.09%	649.00
PEPSICO INC COMSOLE	COM	7.61K	SH	$1.18M 1.04%	7.61K
JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETFSOLE	ULTRA SHT MUNCPL	22.88K	SH	$1.17M 1.03%	22.88K

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