SEC 13F Intelligence

Managers / Q1 2022 · view latest →

WEST BANCORPORATION INC

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

Reported Value
$161M
Q1 2022
Positions
319
Filings on Record
22
2019–present window
Filed
Apr 29, 2022
original filing

Summary

West Bancorporation Inc reported $161M in U.S.-listed holdings across 319 positions for Q1 2022.

Its largest position, AELUSD, represents 12.6% of the portfolio.

Compared with Q4 2021, the fund opened 30 new positions and exited 26.

Portfolio Metrics

Turnover
+9.1%
vs prior filed quarter
Top-10 Concentration
+51.2%
share of reported value
Largest Position
+12.6%
American Equity Investment Life Holding
New / Exited
30 / 26
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
Common Stock: 53.0%ETP: 45.3%Other: 0.6%ADR: 0.3%REIT: 0.3%Other: 0.4%
  • Common Stock · 53.0% · $85M
  • ETP · 45.3% · $73M
  • Other · 0.6% · $1M
  • ADR · 0.3% · $537,000
  • REIT · 0.3% · $491,000
  • Other · 0.4% · $594,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Spdr S&p 500 Etf TrustNEW+12.4K12.4K+$6M$6M
MCDMcdonald's CorpNEW+3.0K3.0K+$742,000$742,000
Vanguard S&p 500 Value Index Fund EtfNEW+3.5K3.5K+$520,000$520,000
PAYXPaychex INCNEW+3.3K3.3K+$452,000$452,000
7HPHp INCNEW+11.0K11.0K+$399,000$399,000
ROSTRoss Stores INCNEW+4.0K4.0K+$362,000$362,000
TSCOTractor Supply CoNEW+1.5K1.5K+$351,000$351,000
BUDAnheuser Busch Inbev SA/NVNEW+4.9K4.9K+$296,000$296,000

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

Holdings — Q1 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AELUSDAmerican Equity Investment Life Holding COhistory →COM12.60%$20M509.1K
2WTBAWest Bancorporation INChistory →CAP STK6.81%$11M403.6K
3Russell 1000 Value Ishare ETFRUS 1000 VAL ETF5.77%$9M56.1K
4ISHARES Russell 1000 Growth ETFRUS 1000 GRW ETF5.55%$9M32.2K
5ISHARES Russell Midcap ETFRUS MID CAP ETF5.39%$9M111.4K
6Spdr S&p 500 Etf TrustTR UNIT3.47%$6M12.4K
7ISHARES Core S&P 500 ETFCORE S&P500 ETF3.40%$5M12.1K
8MSFTMicrosoft Corphistory →COM3.06%$5M16.0K
9ISHARES Russell 2000 Index Fd ETFRUSSELL 2000 ETF2.88%$5M22.6K
10Vanguard FTSE Developed Markets ETFFTSE DEV MKT ETF2.27%$4M76.2K
11Vanguard High Dividend Yield ETFHIGH DIV YLD2.19%$4M31.4K
12Vanguard Sht-term Inflation-protected Sec Idx Shrt Inf Prot Index EtfSTRM INFPROIDX2.18%$4M68.8K
13AAPLApple INChistory →COM2.11%$3M19.5K
14Vanguard Small Cap ETFSMALL CP ETF1.68%$3M12.8K
15Wisdomtree US Mid Cap Dividend ETFUS MIDCAP DIVID1.47%$2M53.4K
16Wisdomtree US Smallcap Dividend Fund EtfUS SMALLCAP DIVD1.06%$2M53.8K
17CASYCaseys General Stores INCCOM0.98%$2M8.0K
18PFEPfizer INCCOM0.92%$1M28.8K
19HONGBPHoneywell International INCCOM0.90%$1M7.5K
20HDHome Depot INCCOM0.79%$1M4.3K
21ABTAbbott LaboratoriesCOM0.78%$1M10.6K
22ABBVAbbvie INCCOM0.77%$1M7.6K
23COSTCostco Wholesale CorpCOM0.77%$1M2.1K
24SOSouthern COCOM0.73%$1M16.3K
25PEPPepsico INCCOM0.68%$1M6.6K
26Vanguard Mid Cap ETFMID CAP ETF0.64%$1M4.3K
27GOOGAlphabet INCCAP STK CL C0.62%$1M360
28JPMJPMORGAN Chase & COCOM0.59%$955,0007.0K
29CSCOCisco Systems INCCOM0.59%$952,00017.1K
30BACVerizon Communications INCCOM0.58%$938,00018.4K
31PG4Principal Financial Group INCCOM0.57%$917,00012.5K
32Spdr S&p Dividend EtfS&P DIVID ETF0.57%$913,0007.1K
33ISHARES MSCI EAFE Index Fd ETFMSCI EAFE ETF0.57%$912,00012.4K
34NVDANvidia CorpCOM0.52%$836,0003.1K
35Vanguard Dividend Appreciation ETFDIV APP ETF0.51%$817,0005.0K
36Vanguard FTSE Emerging Markets ETFFTSE EMR MKT ETF0.50%$813,00017.6K
37MCDMcdonald's CorpCOM0.46%$742,0003.0K
384I1Philip Morris International INCCOM0.45%$726,0007.7K
39ISHARES Intl Select Dividend ETFINTL SEL DIV ETF0.45%$721,00022.7K
40AMZNAmazon.com INCCOM0.43%$688,000211
41WFCWells Fargo & COCOM0.42%$671,00013.8K
42Vanguard Total Stock Market VIPERs ETFTOTAL STK MKT0.40%$653,0002.9K
43BXBlackstone INCCOM0.40%$641,0005.0K
44BRK/BBerkshire Hathaway INCCL B NEW0.40%$639,0001.8K
45MRKMerck & CO INCCOM0.39%$633,0007.7K
46ADMArcher Daniels Midland COCOM0.38%$619,0006.9K
47INTCIntel CorpCOM0.38%$614,00012.4K
48MOAltria Group INCCOM0.37%$598,00011.4K
49VTVVanguard Index Funds Vanguard Value ETFVALUE ETF0.36%$586,0004.0K
50BACBank Of America CorpCOM0.36%$581,00014.1K

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 ↗.