WEST BANCORPORATION INC

Bank

CIK

1166928

Location

WEST DES MOINES, IA

Portfolio Value

Micro $62,257,057

Diversification

Diversified

Filing Date

Global Rank

#6,191 / 8,232 ▲ 185

Top Industry

Banks - Regional 20.0%

3Y Alpha vs SPY

-4.9%

Period ended 2 months ago

Filed Apr 23, 2026 · 51d

21 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.9%

SPY

+76.5%

Annualised alpha

-4.9%

Max drawdown

−17.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

55 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

16.0%

+1.6 pts

Top 5

48.5%

−0.5 pts

Top 10

63.4%

−1.3 pts

HHI

646

Diversified+18

Portfolio Trend

21 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	32.7%	$20,350,682	10
Unclassified	20.1%	$12,487,316	4
Technology	18.9%	$11,778,592	10
Consumer Defensive	7.2%	$4,496,793	7
Healthcare	5.5%	$3,442,268	6
Consumer Cyclical	5.2%	$3,266,424	4
Communication Services	3.1%	$1,906,563	3
Utilities	2.4%	$1,518,656	3
Industrials	2.3%	$1,426,343	4
Energy	2.0%	$1,220,956	3
Basic Materials	0.6%	$362,464	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
FAST	Fastenal Co	+1,655	11,532	$535,084
SO	Southern Co	+1,531	9,816	$947,440
T	At&T Inc.	+1,300	9,698	$281,145
XOM	Exxon Mobil Corp	+649	3,018	$512,033
WMT	Walmart Inc.	+390	8,400	$1,043,952
ABT	Abbott Laboratories	+318	5,142	$527,929
CVX	Chevron Corp	+275	2,263	$468,214
AAPL	Apple Inc.	+161	17,109	$4,342,093
NVDA	Nvidia Corp	+12	8,374	$1,460,425
No positions match the current search.

Trimmed

Positions the filer reduced

21 positions

Ticker	Company	Δ Shares	Shares	Value
WTBA	West Bancorporation Inc	−3,400	418,161	$9,948,050
CSCO	Cisco Systems, Inc.	−1,775	8,385	$650,592
PFE	Pfizer Inc	−1,575	19,775	$555,282
JPM	Jpmorgan Chase & Co	−901	6,600	$1,941,456
APH	Amphenol Corp /De/	−724	2,520	$318,402
PEP	Pepsico Inc	−719	4,640	$720,545
LRCX	Lam Research Corp	−304	1,942	$414,927
PEG	Public Service Enterprise Group Inc	−146	3,039	$246,007
AEP	American Electric Power Co Inc	−116	2,481	$325,209
ABBV	AbbVie Inc.	−75	4,940	$1,074,400
MSFT	Microsoft Corp	−65	9,183	$3,399,271
HON	Honeywell International Inc	−60	1,492	$337,236
MCD	Mcdonalds Corp	−59	3,362	$1,044,875
LLY	ELI LILLY & Co	−44	670	$616,245
AMZN	Amazon Com Inc	−22	5,842	$1,216,713
MNST	Monster Beverage Corp	−17	3,272	$237,089
JNJ	Johnson & Johnson	−9	1,730	$422,881
META	Meta Platforms, Inc.	−3	1,880	$1,075,604
LHX	L3harris Technologies, Inc. /De/	−3	849	$293,032
MA	Mastercard Inc	−2	588	$293,800
COST	Costco Wholesale Corp /New	−1	1,310	$1,305,323
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
AVGO	Broadcom Inc.	1,055	$326,533
EMR	Emerson Electric Co	1,992	$260,991
CASY	Caseys General Stores Inc	357	$259,846
EOG	Eog Resources Inc	1,665	$240,709
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
FFA	First Trust Enhanced Equity Income Fund	12,096	$266,353
NOW	ServiceNow, Inc.	1,495	$229,019
TSCO	Tractor Supply Co /De/	4,490	$224,544
INTU	Intuit Inc.	320	$211,974
SPGI	S&P Global Inc.	405	$211,648
CDNS	Cadence Design Systems Inc	669	$209,116
DIS	Walt Disney Co	1,780	$202,510
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

55 positions · $62,257,057 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 55 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WTBA	West Bancorporation Inc Financial Services	Reduced	418,161	-3,400	$9,948,050	+6.3%	15.98%
SPY	Spdr S&P 500 ETF Trust	Held	12,676	0	$8,243,709	−4.6%	13.24%
AAPL	Apple Inc. Technology	Added	17,109	+161	$4,342,093	−5.8%	6.97%
BAM	Brookfield Asset Management Ltd. Financial Services	Held	93,091	0	$4,137,894	−15.2%	6.65%
QQQ	Invesco Qqq Trust, Series 1	Held	6,051	0	$3,492,516	−6.0%	5.61%
MSFT	Microsoft Corp Technology	Reduced	9,183	-65	$3,399,271	−24.0%	5.46%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	6,600	-901	$1,941,456	−19.7%	3.12%
NVDA	Nvidia Corp Technology	Added	8,374	+12	$1,460,425	−6.4%	2.35%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,310	-1	$1,305,323	+15.5%	2.10%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	5,842	-22	$1,216,713	−10.1%	1.95%
META	Meta Platforms, Inc. Communication Services	Reduced	1,880	-3	$1,075,604	−13.5%	1.73%
ABBV	AbbVie Inc. Healthcare	Reduced	4,940	-75	$1,074,400	−6.2%	1.73%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	3,362	-59	$1,044,875	−0.1%	1.68%
WMT	Walmart Inc. Consumer Defensive	Added	8,400	+390	$1,043,952	+17.0%	1.68%
ADX	Adams Diversified Equity Fund, Inc. Financial Services	Held	46,890	0	$1,026,422	−6.1%	1.65%
PFG	Principal Financial Group Inc Financial Services	Held	10,610	0	$956,067	+2.2%	1.54%
SO	Southern Co Utilities	Added	9,816	+1,531	$947,440	+31.1%	1.52%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,678	0	$804,097	−4.7%	1.29%
WFC	Wells Fargo & Company/Mn Financial Services	Held	9,826	0	$782,247	−14.6%	1.26%
ROST	Ross Stores, Inc. Consumer Cyclical	Held	3,439	0	$744,990	+20.3%	1.20%
PEP	Pepsico Inc Consumer Defensive	Reduced	4,640	-719	$720,545	−6.3%	1.16%
CSCO	Cisco Systems, Inc. Technology	Reduced	8,385	-1,775	$650,592	−16.9%	1.05%
LLY	ELI LILLY & Co Healthcare	Reduced	670	-44	$616,245	−19.7%	0.99%
PFE	Pfizer Inc Healthcare	Reduced	19,775	-1,575	$555,282	+4.5%	0.89%
GOOGL	Alphabet Inc. Communication Services	Held	1,912	0	$549,814	−8.1%	0.88%
FAST	Fastenal Co Industrials	Added	11,532	+1,655	$535,084	+35.0%	0.86%
ABT	Abbott Laboratories Healthcare	Added	5,142	+318	$527,929	−12.7%	0.85%
XOM	Exxon Mobil Corp Energy	Added	3,018	+649	$512,033	+79.6%	0.82%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	3,410	0	$492,540	+0.8%	0.79%
CVX	Chevron Corp Energy	Added	2,263	+275	$468,214	+54.5%	0.75%
MO	Altria Group, Inc. Consumer Defensive	Held	6,516	0	$429,990	+14.4%	0.69%
JNJ	Johnson & Johnson Healthcare	Reduced	1,730	-9	$422,881	+17.5%	0.68%
LRCX	Lam Research Corp Technology	Reduced	1,942	-304	$414,927	+7.9%	0.67%
GLD	Spdr Gold Trust	Held	934	0	$401,890	+8.6%	0.65%
IBM	International Business Machines Corp Technology	Held	1,565	0	$379,340	−18.2%	0.61%
CTVA	Corteva, Inc. Basic Materials	Held	4,330	0	$362,464	+24.9%	0.58%
IAU	Ishares Gold Trust	Held	3,961	0	$349,201	+8.6%	0.56%
HON	Honeywell International Inc Industrials	Reduced	1,492	-60	$337,236	+11.4%	0.54%
AVGO	Broadcom Inc. Technology	NEW	1,055	NEW	$326,533	NEW	0.52%
AEP	American Electric Power Co Inc Utilities	Reduced	2,481	-116	$325,209	+8.6%	0.52%
APH	Amphenol Corp /De/ Technology	Reduced	2,520	-724	$318,402	−27.4%	0.51%
MA	Mastercard Inc Financial Services	Reduced	588	-2	$293,800	−12.8%	0.47%
LHX	L3harris Technologies, Inc. /De/ Industrials	Reduced	849	-3	$293,032	+17.2%	0.47%
T	At&T Inc. Communication Services	Added	9,698	+1,300	$281,145	+34.8%	0.45%
PM	Philip Morris International Inc. Consumer Defensive	Held	1,617	0	$267,354	+3.1%	0.43%
EMR	Emerson Electric Co Industrials	NEW	1,992	NEW	$260,991	NEW	0.42%
CASY	Caseys General Stores Inc Consumer Cyclical	NEW	357	NEW	$259,846	NEW	0.42%
V	Visa Inc. Financial Services	Held	855	0	$258,415	−13.8%	0.42%
P	Everpure, Inc. Technology	Held	4,299	0	$253,812	−11.9%	0.41%
PEG	Public Service Enterprise Group Inc Utilities	Reduced	3,039	-146	$246,007	−3.8%	0.40%