WEST BANCORPORATION INC
Long book
$200.4M
Q1 2026
Positions
98
Top-10 weight
56%
concentration
Last quarter
+12.6%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsWEST BANCORPORATION INC is a wealth-management firm allocating client money, running a $200.4M US long book across 98 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES RUSSELL 1000 GROWTH, ISHARES RUSSELL 1000 VALUE E, VANGUARD HIGH DVD YIELD ETF, VANGUARD INT HIGH DVD YLD IN, VANGUARD S&P 500 ETF.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+7.2%
Q3 2024
+1.9%
Q4 2024
-3.8%
Q1 2025
+8.3%
Q2 2025
+7.1%
Q3 2025
+2.5%
Q4 2025
-1.8%
Q1 2026
+12.6%
Sector allocation
Financials 37%
Technology 30%
Consumer discretionary 12%
Healthcare 7%
Consumer staples 4%
Utilities 3%
Energy 2%
Industrials 2%
Long book by quarter
What does WEST BANCORPORATION own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WTBA WEST BANCORPORATION | Financials | 418.2K | $9.9M | 5.0% | -0.8% |
| AAPL APPLE INC | Technology | 17.1K | $4.3M | 2.2% | +0.9% |
| BAM BROOKFIELD ASSET MGMT-A | Financials | 93.1K | $4.1M | 2.1% | Held |
| MSFT MICROSOFT CORP | Technology | 9.2K | $3.4M | 1.7% | -0.7% |
| JPM JPMORGAN CHASE & CO | Financials | 6.6K | $1.9M | 1.0% | -12.0% |
| GOOG ALPHABET INC-CL C | Technology | 6.4K | $1.8M | 0.9% | -0.1% |
| NVDA NVIDIA CORP | Technology | 8.4K | $1.5M | 0.7% | +0.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.3K | $1.3M | 0.7% | -0.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 5.8K | $1.2M | 0.6% | -0.4% |
| META META PLATFORMS INC-CLASS A | Technology | 1.9K | $1.1M | 0.5% | -0.2% |
| ABBV ABBVIE INC | Healthcare | 4.9K | $1.1M | 0.5% | -1.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 3.4K | $1.0M | 0.5% | -1.7% |
| WMT WALMART INC | Consumer discretionary | 8.4K | $1.0M | 0.5% | +4.9% |
| PFG PRINCIPAL FINANCIAL GROUP | Financials | 10.6K | $956K | 0.5% | Held |
| SO SOUTHERN CO/THE | Utilities | 9.8K | $947K | 0.5% | +18.5% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.7K | $804K | 0.4% | Held |
| WFC WELLS FARGO & CO | Financials | 9.8K | $782K | 0.4% | Held |
| ROST ROSS STORES INC | Consumer discretionary | 3.4K | $745K | 0.4% | Held |
| PEP PEPSICO INC | Consumer staples | 4.6K | $721K | 0.4% | -13.4% |
| CSCO CISCO SYSTEMS INC | Technology | 8.4K | $651K | 0.3% | -17.5% |
| LLY ELI LILLY & CO | Healthcare | 670 | $616K | 0.3% | -6.2% |
| PFE PFIZER INC | Healthcare | 19.8K | $555K | 0.3% | -7.4% |
| GOOGL ALPHABET INC-CL A | Technology | 1.9K | $550K | 0.3% | Held |
| FAST FASTENAL CO | Consumer discretionary | 11.5K | $535K | 0.3% | +16.8% |
| ABT ABBOTT LABORATORIES | Healthcare | 5.1K | $528K | 0.3% | +6.6% |
| XOM EXXON MOBIL CORP | Energy | 3.0K | $512K | 0.3% | +27.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.4K | $493K | 0.2% | Held |
| CVX CHEVRON CORP | Energy | 2.3K | $468K | 0.2% | +13.8% |
| MO ALTRIA GROUP INC | Consumer staples | 6.5K | $430K | 0.2% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.7K | $423K | 0.2% | -0.5% |
| LRCX LAM RESEARCH CORP | Industrials | 1.9K | $415K | 0.2% | -13.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.6K | $379K | 0.2% | Held |
| CTVA CORTEVA INC | Consumer staples | 4.3K | $362K | 0.2% | Held |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 1.5K | $337K | 0.2% | -3.9% |
| AVGO BROADCOM INC | Technology | 1.1K | $327K | 0.2% | New |
| AEP AMERICAN ELECTRIC POWER | Utilities | 2.5K | $325K | 0.2% | -4.5% |
| APH AMPHENOL CORP-CL A | Technology | 2.5K | $318K | 0.2% | -22.3% |
| MA MASTERCARD INC - A | Services media | 588 | $294K | 0.1% | -0.3% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 849 | $293K | 0.1% | -0.4% |
| T AT&T INC | Communications | 9.7K | $281K | 0.1% | +15.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 1.6K | $267K | 0.1% | Held |
| EMR EMERSON ELECTRIC CO | Industrials | 2.0K | $261K | 0.1% | New |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 357 | $260K | 0.1% | New |
| V VISA INC-CLASS A SHARES | Services media | 855 | $258K | 0.1% | Held |
| P EVERPURE INC-A | Technology | 4.3K | $254K | 0.1% | Held |
| PEG PUBLIC SERVICE ENTERPRISE GP | Utilities | 3.0K | $246K | 0.1% | -4.6% |
| CHE CHEMED CORP | Healthcare | 650 | $246K | 0.1% | Held |
| EOG EOG RESOURCES INC | Energy | 1.7K | $241K | 0.1% | New |
| MNST MONSTER BEVERAGE CORP | Consumer staples | 3.3K | $237K | 0.1% | -0.5% |
| UBER UBER TECHNOLOGIES INC | Services media | 3.2K | $233K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 98 | $200.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 98 | $190.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 110 | $179.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 97 | $158.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 93 | $147.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 23, 2025 | 95 | $152.2M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 99 | $149.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 26, 2024 | 93 | $135.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 30, 2024 | 101 | $152.1M | canonical | SEC ↗ |