SEC 13F Intelligence

Managers / Q1 2025 · view latest →

WEST BANCORPORATION INC

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

Reported Value
$147M
Q1 2025
Positions
93
Filings on Record
22
2019–present window
Filed
Apr 25, 2025
original filing

Summary

West Bancorporation Inc reported $147M in U.S.-listed holdings across 93 positions for Q1 2025.

Its largest position, Ishares Tr, represents 8.4% of the portfolio.

Compared with Q4 2024, the fund opened 4 new positions and exited 6.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+56.4%
share of reported value
Largest Position
+8.4%
Ishares Tr
New / Exited
4 / 6
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: 69.2%Common Stock: 30.0%Other: 0.2%Closed-End Fund: 0.2%REIT: 0.2%Other: 0.2%
  • ETP · 69.2% · $102M
  • Common Stock · 30.0% · $44M
  • Other · 0.2% · $359,170
  • Closed-End Fund · 0.2% · $309,236
  • REIT · 0.2% · $245,890
  • Other · 0.2% · $232,697

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IAU*Ishares Gold TrustNEW+4.0K4.0K+$233,541$233,541
BUDAnheuser Busch Inbev SA/NVNEW+3.8K3.8K+$232,697$232,697
4I1Philip Morris International INCNEW+1.4K1.4K+$229,365$229,365
ECLEcolab IncNEW+801801+$203,070$203,070
Vanguard Total Stock Market VIPERs ETFSOLD OUT−9970−$288,941$0
DISWalt Disney COSOLD OUT−2.5K0−$283,052$0
PPure Storage INC ASOLD OUT−4.3K0−$264,088$0
DECKDeckers Outdoor CorpSOLD OUT−1.3K0−$261,174$0

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

Holdings — Q1 2025

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 STK · MSCI EAFE ETF31.96%$47M262.6K
2VUGVanguard Index FDSS&P 500 ETF SHS · SMALL CP ETF · GROWTH ETF · MID CAP ETF · VALUE ETF15.17%$22M73.6K
3WTBAWest Bancorporation INChistory →CAP STK5.83%$9M430.6K
4Vanguard Whitehall FDSHIGH DIV YLD5.35%$8M61.1K
5SPDR S&P 500 EFT TrustTR UNIT4.53%$7M11.9K
6BAMBrookfield Asset Management Ltd Mngmt Ahistory →CL A LMT VTG SHS3.06%$5M93.1K
7Pacer FDS TrUS CASH COWS 100 · PACER US SMALL2.64%$4M86.6K
8Vanguard Tax-Managed FDSVAN FTSE DEV MKT2.64%$4M76.4K
9AAPLApple INChistory →COM2.24%$3M14.9K
10MSFTMicrosoft Corphistory →COM2.12%$3M8.3K
11Vanguard Specialized FundsDIV APP ETF1.55%$2M11.7K
12Schwab Strategic TrUS DIVIDEND EQ1.02%$1M53.6K
13JPMJPMORGAN Chase & COCOM0.90%$1M5.4K
14COSTCostco Wholesale CorpCOM0.87%$1M1.4K
15SOSouthern COCOM0.86%$1M13.8K
16Vanguard Intl Equity Index FALLWRLD EX US0.82%$1M19.9K
17ABBVAbbvie INCCOM0.78%$1M5.5K
18MCDMcdonalds CorpCOM0.65%$953,9783.1K
19GOOGAlphabet INCCAP STK CL C0.64%$943,9426.0K
20NVDANvidia CorpCOM0.63%$927,1918.6K
21PG4Principal Financial Group INCCOM0.61%$895,16610.6K
22AMZNAmazon com INCCOM0.59%$870,2494.6K
23J P MORGAN Exchange Traded FEQUITY PREMIUM0.52%$770,53313.5K
24PEPPepsico INCCOM0.50%$735,7564.9K
25WFCWells Fargo COCOM0.46%$678,4169.4K
26WMTWalmart INCCOM0.44%$653,1587.4K
27ABTAbbott LaboratoriesCOM0.44%$646,6694.9K
28Vanguard Admiral FDS INC500 VAL IDX FD0.43%$635,4563.5K
29HONGBPHoneywell International INCCOM0.43%$631,8623.0K
30BRK/BBerkshire Hathaway INCCL B NEW0.42%$625,2491.2K
31IBMInternational Business Machines CorpCOM0.40%$588,0812.4K
32NDQInvesco Qqq TrustUNIT SER 10.39%$574,4271.2K
33PFEPfizer INCCOM0.39%$569,21222.5K
34CSCOCisco Systems INCCOM0.37%$542,9258.8K
35SPDR SER TRS&P DIVID ETF0.36%$524,8103.9K
36LLYEli Lilly And COCOM0.32%$466,639565
37Invesco Exchange Traded FD TS&P500 EQL WGT0.31%$449,5322.6K
38ROSTRoss Stores INCCOM0.30%$439,4703.4K

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 ↗.