SEC 13F Intelligence

Managers / Q1 2026

WEST BANCORPORATION INC

CIK 0001166928 · 3330 WESTOWN PARKWAY, WEST DES MOINES, IA, 50266 · 5152222309

Reported Value
$200M
Q1 2026
Positions
98
Filings on Record
22
2019–present window
Filed
Apr 23, 2026
original filing

Summary

West Bancorporation Inc reported $200M in U.S.-listed holdings across 98 positions for Q1 2026.

Its largest position, Ishares Tr, represents 7.9% of the portfolio.

Compared with Q4 2025, the fund opened 8 new positions and exited 8.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+55.6%
share of reported value
Largest Position
+7.9%
Ishares Tr
New / Exited
8 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $100MQ4 ’19Q1 ’20: $72MQ2 ’20: $86MQ3 ’20: $85MQ3 ’20Q4 ’21: $127MQ1 ’22: $161MQ2 ’22: $142MQ2 ’22Q3 ’22: $135MQ4 ’22: $135MQ1 ’23: $131MQ1 ’23Q2 ’23: $149MQ3 ’23: $141MQ4 ’23: $155MQ4 ’23Q1 ’24: $152MQ2 ’24: $135MQ3 ’24: $150MQ3 ’24Q4 ’24: $152MQ1 ’25: $147MQ2 ’25: $158MQ2 ’25Q3 ’25: $180MQ4 ’25: $191MQ1 ’26: $200MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 74.3%Common Stock: 25.2%Closed-End Fund: 0.5%
  • ETP · 74.3% · $149M
  • Common Stock · 25.2% · $51M
  • Closed-End Fund · 0.5% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Vanguard Small Cap Value EtfNEW+1.7K1.7K+$361,069$361,069
AVGOBroadcom INCNEW+1.1K1.1K+$326,533$326,533
ISHARES Russell Mid-Cap Value ETFNEW+2.2K2.2K+$321,794$321,794
EMREmerson Electric CONEW+2.0K2.0K+$260,992$260,992
CASYCaseys General Stores INCNEW+357357+$259,846$259,846
VDEVanguard Energy Index Fund EtfNEW+1.5K1.5K+$258,695$258,695
EOGEog Resources INCNEW+1.7K1.7K+$240,709$240,709
Industrial Select Sector SPDRNEW+1.3K1.3K+$203,295$203,295

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TrRUS 1000 GRW ETF · RUS 1000 VAL ETF · RUS MID CAP ETF · CORE S&P500 ETF · RUSSELL 2000 ETF · CORE MSCI EAFE · CORE S&P TTL STK27.55%$55M261.1K
2VUGVanguard Index FDSS&P 500 ETF SHS · GROWTH ETF · SMALL CP ETF · MID CAP ETF · VALUE ETF15.51%$31M88.3K
3Vanguard Whitehall FDSHIGH DIV YLD · INTL HIGH ETF12.81%$26M221.8K
4WTBAWest Bancorporation INChistory →CAP STK4.96%$10M418.2K
5SPDR S&P 500 EFT TrustTR UNIT4.11%$8M12.7K
6Vanguard Tax-Managed FDSVAN FTSE DEV MKT2.75%$6M86.0K
7AAPLApple INChistory →COM2.17%$4M17.1K
8BAMBrookfield Asset Management Ltd Mngmt Ahistory →CL A LMT VTG SHS2.06%$4M93.1K
9NDQInvesco Qqq Trusthistory →UNIT SER 11.74%$3M6.1K
10MSFTMicrosoft Corphistory →COM1.70%$3M9.2K
11Vanguard Intl Equity Index FALLWRLD EX US1.50%$3M39.9K
12ACWIISHARES MSCI ACWI Index Fundhistory →MSCI ACWI ETF1.23%$2M17.9K
13Vanguard specialized FundsDIV APP ETF1.04%$2M9.7K
14JPMJPMORGAN Chase & COCOM0.97%$2M6.6K
15GOOGAlphabet INCCAP STK CL C0.91%$2M6.4K
16Schwab Strategic TrustUS DIVIDEND EQ0.83%$2M54.5K
17NVDANvidia CorpCOM0.73%$1M8.4K
18Invesco Exchange Traded FD TS&P500 EQL WGT · RAFI US 1000 ETF0.72%$1M17.3K
19COSTCostco Wholesale CorpCOM0.65%$1M1.3K
20AMZNAmazon com INCCOM0.61%$1M5.8K
21METAMeta Platforms INC ACL A0.54%$1M1.9K
22ABBVAbbvie INCCOM0.54%$1M4.9K
23MCDMcdonalds CorpCOM0.52%$1M3.4K
24WMTWalmart INCCOM0.52%$1M8.4K
25ADXAdams Diversified Equity FDCOM0.51%$1M46.9K
26PG4Principal Financial Group INCCOM0.48%$956,06710.6K
27SOSouthern COCOM0.47%$947,4409.8K
28BRK/BBerkshire Hathaway INCCL B NEW0.40%$804,0981.7K
29Invesco Exch Traded FD TR IIS&P500 PUR GWT0.40%$802,24517.2K
30WFCWells Fargo COCOM0.39%$782,2489.8K
31ROSTRoss Stores INCCOM0.37%$744,9913.4K
32PEPPepsico INCCOM0.36%$720,5464.6K
33Vanguard Admiral FDS INC500 VAL IDX FD0.35%$703,0763.5K
34J P MORGAN Exchange Traded FEQUITY PREMIUM0.34%$677,32611.9K
35CSCOCisco Systems INCCOM0.32%$650,5928.4K
36LLYEli Lilly And COCOM0.31%$616,246670
37Vanguard Mid-cap Growth Index Fund Mid Cap EtfMCAP GR IDXVIP0.30%$596,5372.3K
38PFEPfizer INCCOM0.28%$555,28219.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$200M98Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$191M98Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$180M110Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$158M97Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$147M93Apr 25, 202513F-HRchanges · EDGAR ↗
Q4 2024$152M95Jan 23, 202513F-HRchanges · EDGAR ↗
Q3 2024$150M99Oct 24, 202413F-HRchanges · EDGAR ↗
Q2 2024$135M93Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$152M101Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$155M97Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$141M92Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$149M96Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$131M89Apr 14, 202313F-HRchanges · EDGAR ↗
Q4 2022$135M90Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$135M264Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$142M288Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$161M319Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$127M315Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2020$85M300Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$86M302Jul 31, 202013F-HRchanges · EDGAR ↗
Q1 2020$72M272Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$100M302Feb 10, 202013F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • West Bank

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.