# EDGAR Filing Document

**Accession Number:** 0001313998
**File Stem:** 0001313998-26-000007
**Filing Date:** 2026-5
**Character Count:** 11233
**Document Hash:** df0fb60a0e28eb357310dc2b2e359af6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001313998-26-000007.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0001313998-26-000007

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**EFFECTIVENESS DATE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bristlecone Value Partners, LLC
- **CENTRAL INDEX KEY:** 0001313998

**ORGANIZATION NAME:**
- **EIN:** 770608548
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1204

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11148
- **FILM NUMBER:** 26957597

**BUSINESS ADDRESS:**
- **STREET 1:** 12301 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 320
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** 310-806-4141

**MAIL ADDRESS:**
- **STREET 1:** 12301 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 320
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Bristlecone Value Partners LLC<br>**Address:** 12301 WILSHIRE BOULEVARD<br>SUITE 320<br>LOS ANGELES, CA 90025

**Form 13F File Number:** 028-11148

**CRD Number (if applicable):** 002208571

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jean-Luc Nouzille<br>**Title:** Chief Compliance Officer<br>**Phone:** 3108064145

**Signature, Place, and Date of Signing:**

Jean-Luc Nouzille  Los Angeles, CA  05-08-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 68

**Form 13F Information Table Value Total:** $113644623

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AGCO CORP | COM | 001084102 |  | 582942 | 5031 | SH |  | SOLE |  | 0 | 0 | 5031 |
| AMERICAN EXPRESS CO COM | COM | 025816109 |  | 1053840 | 3484 | SH |  | SOLE |  | 0 | 0 | 3484 |
| AMGEN INC | COM | 031162100 |  | 706515 | 2008 | SH |  | SOLE |  | 0 | 0 | 2008 |
| ANHEUSER BUSCH INBEV SA NV SPONSORED ADR | SPONSORED SPONSORED ADR | 03524A108 |  | 822659 | 11859 | SH |  | SOLE |  | 0 | 0 | 11859 |
| APPLE INC COM | COM | 037833100 |  | 431645 | 1701 | SH |  | SOLE |  | 0 | 0 | 1701 |
| AVANTIS INTERNATIONAL SMALL CAP VALUE ETF | INTL SMCP VLU | 025072802 |  | 4145111 | 41509 | SH |  | SOLE |  | 0 | 0 | 41509 |
| BANK OF AMER CORP COM | COM | 060505104 |  | 1668952 | 34235 | SH |  | SOLE |  | 0 | 0 | 34235 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | CL B NEW | 084670702 |  | 1279943 | 2671 | SH |  | SOLE |  | 0 | 0 | 2671 |
| C  F FINL CORP | COM | 12466Q104 |  | 259375 | 3556 | SH |  | SOLE |  | 0 | 0 | 3556 |
| CAPITAL GROUP CORE PLUS INCOME ETF | CORE PLUS INCM | 14020Y102 |  | 2434323 | 108967 | SH |  | SOLE |  | 0 | 0 | 108967 |
| CARMAX INC COM | COM | 143130102 |  | 400457 | 9631 | SH |  | SOLE |  | 0 | 0 | 9631 |
| CEMEX S.A.B. DE C.V. | SPONSORED ADR | 151290889 |  | 453939 | 39680 | SH |  | SOLE |  | 0 | 0 | 39680 |
| COMSTOCK HLDG COS INC CL A NEW | CL A NEW | 205684202 |  | 391679 | 20680 | SH |  | SOLE |  | 0 | 0 | 20680 |
| CORE MOLDING TECHNOLOGIES INC COM | COM | 218683100 |  | 448000 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| DISNEY WALT CO COM | COM | 254687106 |  | 390213 | 4049 | SH |  | SOLE |  | 0 | 0 | 4049 |
| FIRST TRUST DOW JONES SELECT MICROCAP INDEX FUND | COM SHS ANNUAL | 33718M105 |  | 1268888 | 15458 | SH |  | SOLE |  | 0 | 0 | 15458 |
| GILDAN ACTIVEWEAR INC COM | COM | 375916103 |  | 339966 | 6109 | SH |  | SOLE |  | 0 | 0 | 6109 |
| GRAHAM HLDGS CO COM CL B | COM CL B | 384637104 |  | 715765 | 677 | SH |  | SOLE |  | 0 | 0 | 677 |
| HAGERTY INC CL A COM | CL A COM | 405166109 |  | 632779 | 60093 | SH |  | SOLE |  | 0 | 0 | 60093 |
| INTEL CORP COM | COM | 458140100 |  | 652815 | 14793 | SH |  | SOLE |  | 0 | 0 | 14793 |
| INVESCO VARIABLE RATE PREFERRED ETF | VAR RATE PFD | 46138G870 |  | 880313 | 36710 | SH |  | SOLE |  | 0 | 0 | 36710 |
| ISHARES CORE S SMALL CAP ETF | CORE S SCP ETF | 464287804 |  | 3688572 | 29672 | SH |  | SOLE |  | 0 | 0 | 29672 |
| ISHARES GLOBAL REIT ETF | GLOBAL REIT ETF | 46434V647 |  | 3034464 | 120655 | SH |  | SOLE |  | 0 | 0 | 120655 |
| ISHARES SHORT-TERM CALIFORNIA MUNI ACTIVE ETF | ISHARES SHORT-TE | 092528884 |  | 393707 | 7807 | SH |  | SOLE |  | 0 | 0 | 7807 |
| JOHNSON CTLS INTL PLC SHS | SHS | G51502105 |  | 1547436 | 11817 | SH |  | SOLE |  | 0 | 0 | 11817 |
| JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF | ULTRA SHT MUNCPL | 46641Q654 |  | 1166168 | 22875 | SH |  | SOLE |  | 0 | 0 | 22875 |
| KOPPERS HOLDINGS INC COM | COM | 50060P106 |  | 411942 | 10650 | SH |  | SOLE |  | 0 | 0 | 10650 |
| LABCORP HOLDINGS INC COM SHS | COM SHS | 504922105 |  | 291623 | 1093 | SH |  | SOLE |  | 0 | 0 | 1093 |
| LOWES COS INC COM | COM | 548661107 |  | 1437764 | 6085 | SH |  | SOLE |  | 0 | 0 | 6085 |
| MARINEMAX INC COM | COM | 567908108 |  | 284130 | 10500 | SH |  | SOLE |  | 0 | 0 | 10500 |
| MARKEL CORP HOLDING CO | COM | 570535104 |  | 1242231 | 649 | SH |  | SOLE |  | 0 | 0 | 649 |
| MASTERCRAFT BOAT HLDGS INC COM | COM | 57637H103 |  | 348670 | 17000 | SH |  | SOLE |  | 0 | 0 | 17000 |
| MEDTRONIC PLC SHS | SHS | G5960L103 |  | 351799 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| META PLATFORMS INC CL A | CL A | 30303M102 |  | 472360 | 826 | SH |  | SOLE |  | 0 | 0 | 826 |
| NIKE INC CL B | CL B | 654106103 |  | 454041 | 8596 | SH |  | SOLE |  | 0 | 0 | 8596 |
| NOVARTIS AG ADR | SPONSORED ADR | 66987V109 |  | 274034 | 1794 | SH |  | SOLE |  | 0 | 0 | 1794 |
| NRG ENERGY INC NEW | COM NEW | 629377508 |  | 568485 | 3890 | SH |  | SOLE |  | 0 | 0 | 3890 |
| NUTRIEN LTD COM | COM | 67077M108 |  | 504601 | 6687 | SH |  | SOLE |  | 0 | 0 | 6687 |
| NVR INC COM | COM | 62944T105 |  | 342671 | 52 | SH |  | SOLE |  | 0 | 0 | 52 |
| OCCIDENTAL PETE CORP COM | COM | 674599105 |  | 457405 | 7037 | SH |  | SOLE |  | 0 | 0 | 7037 |
| PEPSICO INC COM | COM | 713448108 |  | 1181446 | 7608 | SH |  | SOLE |  | 0 | 0 | 7608 |
| POWERSHARES INTERNATIONAL CORP BOND ETF | INTL CORP BD | 46138E636 |  | 2137490 | 92532 | SH |  | SOLE |  | 0 | 0 | 92532 |
| QUAD / GRAPHICS INC COM CL A | COM CL A | 747301109 |  | 198300 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| RADIANT LOGISTICS INC COM | COM | 75025X100 |  | 411932 | 58430 | SH |  | SOLE |  | 0 | 0 | 58430 |
| SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETF | FUNDAMENTAL INTL | 808524755 |  | 2069138 | 42288 | SH |  | SOLE |  | 0 | 0 | 42288 |
| SCHWAB FUNDAMENTAL INTERNATIONAL SMALL EQUITY ETF | FUNDAMENTAL INTL | 808524748 |  | 802909 | 17319 | SH |  | SOLE |  | 0 | 0 | 17319 |
| SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF | FUNDAMENTAL US L | 808524771 |  | 10449318 | 375200 | SH |  | SOLE |  | 0 | 0 | 375200 |
| SCHWAB FUNDAMENTAL U.S. SMALL COMPANY ETF | FUNDAMENTAL US S | 808524763 |  | 654763 | 20190 | SH |  | SOLE |  | 0 | 0 | 20190 |
| SPDR INTERNATIONAL GOVERNMENT TIPS ETF | FTSE INT GVT ETF | 78464A490 |  | 476863 | 12042 | SH |  | SOLE |  | 0 | 0 | 12042 |
| STATE STREET SPDR S GLOBAL NATURAL RESOURCES ETF | STATE STREET SPD | 78463X541 |  | 3662238 | 49046 | SH |  | SOLE |  | 0 | 0 | 49046 |
| SUPERIOR GROUP OF CO INC COM | COM | 868358102 |  | 198547 | 19542 | SH |  | SOLE |  | 0 | 0 | 19542 |
| TITAN MACHINERY INC COM | COM | 88830R101 |  | 284240 | 17000 | SH |  | SOLE |  | 0 | 0 | 17000 |
| U HAUL HOLDING COMPANY COM SER N | COM SER N | 023586506 |  | 471760 | 10561 | SH |  | SOLE |  | 0 | 0 | 10561 |
| VALMONT INDS INC COM | COM | 920253101 |  | 915415 | 2291 | SH |  | SOLE |  | 0 | 0 | 2291 |
| VANGUARD 0-3 MONTH TREASURY BILL ETF | 0-3 MO TREAS BIL | 922040845 |  | 259298 | 3428 | SH |  | SOLE |  | 0 | 0 | 3428 |
| VANGUARD DIVIDEND APPRECIATION ETF | DIV APP ETF | 921908844 |  | 9467797 | 44024 | SH |  | SOLE |  | 0 | 0 | 44024 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | VAN FTSE DEV MKT | 921943858 |  | 15025692 | 234483 | SH |  | SOLE |  | 0 | 0 | 234483 |
| VANGUARD GROWTH ETF | GROWTH ETF | 922908736 |  | 350306 | 802 | SH |  | SOLE |  | 0 | 0 | 802 |
| VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF | INTL DVD ETF | 921946810 |  | 4560366 | 51553 | SH |  | SOLE |  | 0 | 0 | 51553 |
| VANGUARD MID-CAP VALUE ETF | MCAP VL IDXVIP | 922908512 |  | 1477829 | 8019 | SH |  | SOLE |  | 0 | 0 | 8019 |
| VANGUARD S 500 ETF | S 500 ETF SHS | 922908363 |  | 3876483 | 6487 | SH |  | SOLE |  | 0 | 0 | 6487 |
| VANGUARD SHORT TERM INFL-PROTECTED | STRM INFPROIDX | 922020805 |  | 2173450 | 43513 | SH |  | SOLE |  | 0 | 0 | 43513 |
| VANGUARD TAX-EXEMPT BOND ETF | TAX EXEMPT BD | 922907746 |  | 953298 | 19108 | SH |  | SOLE |  | 0 | 0 | 19108 |
| VANGUARD TOTAL BOND MARKET ETF | TOTAL BND MRKT | 921937835 |  | 3481405 | 47276 | SH |  | SOLE |  | 0 | 0 | 47276 |
| VANGUARD ULTRA-SHORT BOND ETF | VANGUARD ULTRA | 92203C303 |  | 2916381 | 58580 | SH |  | SOLE |  | 0 | 0 | 58580 |
| WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND ETF | EMG MKTS SMCAP | 97717W281 |  | 7211217 | 119987 | SH |  | SOLE |  | 0 | 0 | 119987 |
| WISDOMTREE FLOATING RATE TREASURY FUND | FLOATNG RAT TREA | 97717Y527 |  | 341205 | 6778 | SH |  | SOLE |  | 0 | 0 | 6778 |
| YUM! BRANDS INC | COM | 988498101 |  | 403315 | 2594 | SH |  | SOLE |  | 0 | 0 | 2594 |

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