SEC 13F Intelligence

Managers / Q3 2022 · view latest →

WEST BANCORPORATION INC

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

Reported Value
$135M
Q3 2022
Positions
264
Filings on Record
22
2019–present window
Filed
Oct 14, 2022
original filing

Summary

West Bancorporation Inc reported $135M in U.S.-listed holdings across 264 positions for Q3 2022.

Its largest position, AELUSD, represents 11.2% of the portfolio.

Compared with Q2 2022, the fund opened 14 new positions and exited 38.

Portfolio Metrics

Turnover
+4.9%
vs prior filed quarter
Top-10 Concentration
+48.4%
share of reported value
Largest Position
+11.2%
American Equity Investment Life Holding
New / Exited
14 / 38
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: 53.2%Common Stock: 45.2%ADR: 0.5%REIT: 0.4%Other: 0.4%Other: 0.3%
  • ETP · 53.2% · $72M
  • Common Stock · 45.2% · $61M
  • ADR · 0.5% · $636,000
  • REIT · 0.4% · $588,000
  • Other · 0.4% · $499,000
  • Other · 0.3% · $409,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CPRTCopart INCNEW+1.8K1.8K+$189,000$189,000
LULULululemon Athletica INCNEW+654654+$183,000$183,000
IAU*Ishares Gold Trust EtfNEW+5.0K5.0K+$156,000$156,000
HUMHumana INCNEW+277277+$134,000$134,000
VICIVici Properties INC PptysNEW+4.1K4.1K+$123,000$123,000
BBWIBath & Body Works INCNEW+3.5K3.5K+$115,000$115,000
SHELShell Plc ADR Each Rep 2NEW+1.2K1.2K+$60,000$60,000
General Electric CONEW+875875+$54,000$54,000

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

Holdings — Q3 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AELUSDAmerican Equity Investment Life Holding COhistory →COM11.15%$15M402.8K
2WTBAWest Bancorporation INChistory →CAP STK6.17%$8M399.2K
3Russell 1000 Value Ishare ETFRUS 1000 VAL ETF5.98%$8M59.3K
4ISHARES Russell Midcap ETFRUS MID CAP ETF5.53%$7M119.8K
5ISHARES Russell 1000 Growth ETFRUS 1000 GRW ETF4.92%$7M31.5K
6Spdr S&p 500 Etf TrustTR UNIT3.28%$4M12.4K
7Vanguard High Dividend Yield ETFHIGH DIV YLD3.17%$4M45.0K
8ISHARES Core S&P 500 ETFCORE S&P500 ETF3.16%$4M11.9K
9ISHARES Russell 2000 Index Fd ETFRUSSELL 2000 ETF2.62%$4M21.4K
10Vanguard Sht-term Inflation-protected Sec Idx Shrt Inf Prot Index EtfSTRM INFPROIDX2.44%$3M68.3K
11MSFTMicrosoft Corphistory →COM2.20%$3M12.7K
12Vanguard Index Funds S&p 500 ETFS&P 500 ETF SHS2.01%$3M8.3K
13Vanguard FTSE Developed Markets ETFVAN FTSE DEV MKT1.97%$3M73.0K
14VTVVanguard Index Funds Vanguard Value ETFhistory →VALUE ETF1.85%$2M20.2K
15AAPLApple INChistory →COM1.84%$2M17.9K
16Wisdomtree US Mid Cap Dividend ETFUS MIDCAP DIVID1.81%$2M64.9K
17Vanguard Small Cap ETFSMALL CP ETF1.75%$2M13.8K
18ISHARES Russell Mid-Cap Value ETFRUS MDCP VAL ETF1.24%$2M17.4K
19Wisdomtree US Smallcap Dividend Fund EtfUS SMALLCAP DIVD1.24%$2M64.8K
20CASYCaseys General Stores INChistory →COM1.20%$2M8.0K
21ISHARES Russell 2000 ValueRUS 2000 VAL ETF1.17%$2M12.2K
22PFEPfizer INChistory →COM1.01%$1M30.9K
23Vanguard Dividend Appreciation ETFDIV APP ETF0.95%$1M9.5K
24HONGBPHoneywell International INCCOM0.93%$1M7.5K
25HDHome Depot INCCOM0.82%$1M4.0K
26SOSouthern COCOM0.82%$1M16.3K
27Spdr S&p Dividend EtfS&P DIVID ETF0.81%$1M9.8K
28MRKMerck & CO INCCOM0.74%$1M11.6K
29PEPPepsico INCCOM0.74%$998,0006.1K
30Vanguard Mid Cap ETFMID CAP ETF0.70%$942,0005.0K
31COSTCostco Wholesale CorpCOM0.68%$911,0001.9K
32PG4Principal Financial Group INCCOM0.66%$895,00012.4K
33ABTAbbott LaboratoriesCOM0.65%$869,0009.0K
34ABBVAbbvie INCCOM0.64%$862,0006.4K
35Ishares Core Msci Eafe EtfCORE MSCI EAFE0.63%$842,00016.0K
36MCDMcdonald's CorpCOM0.51%$692,0003.0K
37BACVerizon Communications INCCOM0.50%$676,00017.8K
38ISHARES Intl Select Dividend ETFINTL SEL DIV ETF0.50%$669,00029.7K
39ISHARES MSCI EAFE Index Fd ETFMSCI EAFE ETF0.48%$646,00011.5K
40CSCOCisco Systems INCCOM0.47%$630,00015.8K
41Vanguard FTSE Emerging Markets ETFFTSE EMR MKT ETF0.44%$596,00016.3K
42JPMJPMORGAN Chase & COCOM0.44%$595,0005.7K
43Schwab US Dividend Equity ETFUS DIVIDEND EQ0.43%$579,0008.7K
44GOOGAlphabet INCCAP STK CL C0.43%$576,0006.0K
45ADMArcher Daniels Midland COCOM0.41%$552,0006.9K
46WFCWells Fargo & COCOM0.39%$527,00013.1K
47Vanguard Total Stock Market VIPERs ETFTOTAL STK MKT0.36%$491,0002.7K
48IBMInternational Business Machines CorpCOM0.35%$477,0004.0K
49BRK/BBerkshire Hathaway INCCL B NEW0.35%$475,0001.8K
50Invesco S&p 500 Eql Wght Etf Invsc S P Equal WeightS&P500 EQL WGT0.35%$472,0003.7K

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 ↗.