SEC 13F Intelligence

Managers / Q4 2025 · view latest →

WEST BANCORPORATION INC

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

Reported Value
$191M
Q4 2025
Positions
98
Filings on Record
22
2019–present window
Filed
Jan 29, 2026
original filing

Summary

West Bancorporation Inc reported $191M in U.S.-listed holdings across 98 positions for Q4 2025.

Its largest position, Ishares Tr, represents 7.7% of the portfolio.

Compared with Q3 2025, the fund opened 2 new positions and exited 14.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+53.4%
share of reported value
Largest Position
+7.7%
Ishares Tr
New / Exited
2 / 14
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: 71.6%Common Stock: 27.7%Closed-End Fund: 0.7%
  • ETP · 71.6% · $137M
  • Common Stock · 27.7% · $53M
  • Closed-End Fund · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ACWIISHARES MSCI ACWI Index FundNEW+16.0K16.0K+$2M$2M
MNSTMonster Beverage CorpNEW+3.3K3.3K+$252,168$252,168
NOWServicenow INCADDED+1.2K1.5K−$65,471$229,019
Pacer FDS TRSOLD OUT−18.5K0−$809,054$0
Spotify Technology S ASOLD OUT−5860−$409,028$0
Select Sector SPDR TRSOLD OUT−1.1K0−$322,730$0
Pacer FDS TrSOLD OUT−5.4K0−$307,752$0
EOGEog Resources INCSOLD OUT−2.4K0−$265,500$0

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

Holdings — Q4 2025

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRRUS 1000 GRW ETF · RUS 1000 VAL ETF · CORE S&P500 ETF · RUS MID CAP ETF · RUSSELL 2000 ETF · CORE MSCI EAFE · CORE S&P TTL STK26.97%$51M234.2K
2VUGVanguard Index FDSS&P 500 ETF SHS · GROWTH ETF · SMALL CP ETF · MID CAP ETF · VALUE ETF15.55%$30M81.1K
3Vanguard Whitehall FDSHIGH DIV YLD · INTL HIGH ETF10.60%$20M180.7K
4WTBAWest Bancorporation INChistory →CAP STK4.90%$9M421.6K
5SPDR S&P 500 EFT TrustTR UNIT4.53%$9M12.7K
6Vanguard Tax-Managed FDSVAN FTSE DEV MKT2.72%$5M83.2K
7BAMBrookfield Asset Management Ltd Mngmt Ahistory →CL A LMT VTG SHS2.56%$5M93.1K
8AAPLApple INChistory →COM2.41%$5M16.9K
9MSFTMicrosoft Corphistory →COM2.34%$4M9.2K
10NDQInvesco Qqq Trusthistory →UNIT SER 11.95%$4M6.1K
11GOOGAlphabet INCCAP STK CL C · CAP STK CL A1.36%$3M8.3K
12Vanguard specialized FundsDIV APP ETF1.29%$2M11.2K
13JPMJPMORGAN Chase & COhistory →COM1.27%$2M7.5K
14Vanguard Intl Equity Index FALLWRLD EX US1.24%$2M32.3K
15ACWIISHARES MSCI ACWI Index Fundhistory →MSCI ACWI ETF1.18%$2M16.0K
16NVDANvidia CorpCOM0.82%$2M8.4K
17Schwab Strategic TrustUS DIVIDEND EQ0.80%$2M55.6K
18AMZNAmazon com INCCOM0.71%$1M5.9K
19METAMeta Platforms INC ACL A0.65%$1M1.9K
20ABBVAbbvie INCCOM0.60%$1M5.0K
21COSTCostco Wholesale CorpCOM0.59%$1M1.3K
22ADXAdams Diversified Equity FDCOM0.57%$1M46.9K
23MCDMcdonalds CorpCOM0.55%$1M3.4K
24PG4Principal Financial Group INCCOM0.49%$935,90810.6K
25WFCWells Fargo COCOM0.48%$915,7839.8K
26WMTWalmart INCCOM0.47%$892,3948.0K
27BRK/BBerkshire Hathaway INCCL B NEW0.44%$843,4471.7K
28Invesco Exch Traded FD TR IIS&P500 PUR GWT0.42%$801,13017.2K
29CSCOCisco Systems INCCOM0.41%$782,62510.2K
30PEPPepsico INCCOM0.40%$769,1245.4K
31LLYEli Lilly And COCOM0.40%$767,322714
32SOSouthern COCOM0.38%$722,4528.3K
33Vanguard Admiral FDS INC500 VAL IDX FD0.37%$706,7333.5K
34J P MORGAN Exchange Traded FEQUITY PREMIUM0.37%$704,05212.3K
35Vanguard Mid-cap Growth Index Fund Mid Cap EtfMCAP GR IDXVIP0.34%$647,0472.3K
36ROSTRoss Stores INCCOM0.32%$619,5013.4K
37Invesco Exchange Traded FD TRAFI US 1000 ETF0.32%$607,23912.9K
38ABTAbbott LaboratoriesCOM0.32%$604,3994.8K

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 ↗.