Q3 2026 13F · SEC CIK 1166928

West Bancorporation Inc

Bank & trustFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $255.1M
Reported positions: 90
Top holdings a year, 3 yrs: +17.1%
Average holding period: 5.0 yrs

West Bancorporation Inc is a bank & trust that reported 90 positions worth $255.1M in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Ishares Tr (IWF, 7.0%), Ishares Tr (IWD, 6.3%), Vanguard Whitehall Fds (VYMI, 6.1%). A portfolio copying its top holdings returned 17.1% a year over the last 3 years, against 20.4% for the S&P 500.

West Bancorporation Inc holdings largest 50 of 90 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

West Bancorporation Inc 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
IWFIshares Tr	7.0%	7.8%	142,682	-3.0%	$17.9M
IWDIshares Tr	6.3%	7.3%	65,306	-7.4%	$16.2M
VYMIVanguard Whitehall Fds	6.1%	6.2%	153,588	+4.0%	$15.5M
VOVanguard Index Fds	6.1%	5.4%	197,094	+26.3%	$15.5M
VYMVanguard Whitehall Fds	6.0%	6.4%	97,999	+3.6%	$15.2M
VUGVanguard Index Fds	5.6%	4.8%	157,335	+21.9%	$14.2M
VOOVanguard Index Fds	5.2%	5.1%	18,930	+8.4%	$13.3M
WTBAWest Bancorporation INC	4.6%	4.7%	413,011	-0.6%	$11.8M
IWRIshares Tr	4.6%	5.4%	108,979	-5.2%	$11.6M
IVVIshares Tr	3.8%	4.1%	12,700	-0.9%	$9.7M
SPYState Str Spdr S&p 500 ETF T	3.7%	4.0%	12,453	-1.8%	$9.5M
LLYEli Lilly & Co	3.0%	0.3%	6,597	+992.2%	$7.6M
QQQInvesco Qqq Tr	2.8%	2.5%	9,806	+21.4%	$7.3M
VEAVanguard Ftse Developed Markets Index Fu	2.7%	2.8%	98,130	+6.5%	$6.9M
VBVanguard Index Fds	2.6%	3.2%	23,605	-4.0%	$6.7M
VTVVanguard Index Fds	2.3%	2.0%	26,900	+24.2%	$5.8M
AAPLApple Inc	2.2%	2.0%	16,917	+3.2%	$5.6M
MSFTMicrosoft Corp	1.8%	1.4%	8,778	+0.9%	$4.5M
BAMBrookfield Asset Managmt Ltd	1.5%	1.8%	86,983	-6.6%	$3.9M
VEUVanguard Intl Equity Index F	1.2%	1.3%	36,436	-1.4%	$3.0M
JNJJohnson & Johnson	1.1%	0.3%	10,576	+341.4%	$2.8M
IWMIshares Tr	1.0%	1.3%	9,409	-4.9%	$2.6M
ACWIIshares Tr	1.0%	1.2%	15,386	-12.2%	$2.4M
JPMJpmorgan Chase & Co	0.9%	0.9%	6,946	+11.2%	$2.3M
GOOGAlphabet Inc	0.8%	0.9%	6,147	+9.2%	$2.1M
PBProsperity Bancshares Inc	0.7%	—	27,151	—	$1.8M
NVDANvidia Corporation	0.6%	0.6%	7,204	-0.6%	$1.6M
IEFAIshares Tr	0.6%	0.6%	16,930	+13.5%	$1.6M
PFGPrincipal Financial Group in	0.6%	0.5%	14,119	+20.5%	$1.6M
SCHDSchwab Strategic Tr	0.6%	0.7%	48,386	-6.9%	$1.6M
AVGOBroadcom Inc	0.6%	—	4,030	—	$1.4M
ABBVAbbvie Inc	0.5%	0.5%	4,940	+0.0%	$1.3M
METAMeta Platforms Inc	0.5%	0.4%	1,702	-3.5%	$1.2M
AMZNAmazon Com Inc	0.5%	0.5%	4,840	-1.3%	$1.2M
COSTCostco Wholesale Corporation	0.4%	0.5%	1,248	-0.6%	$1.1M
BRK-BBerkshire Hathaway Inc Del	0.4%	0.4%	2,212	+29.5%	$1.1M
BACBank of Amer Corp	0.4%	—	18,164	—	$989K
RPGInvesco Exchange Traded Fd T	0.4%	0.5%	16,859	-1.8%	$984K
VIGVanguard Specialized Funds	0.4%	0.4%	4,044	-2.2%	$944K
GOOGLAlphabet Inc	0.3%	0.3%	2,352	+23.0%	$809K
ROSTRoss Stores Inc	0.3%	0.3%	3,439	+0.0%	$803K
MCDMcdonalds Corp	0.3%	0.4%	3,362	+0.0%	$776K
WFCWells Fargo & Co	0.3%	0.3%	9,555	+0.0%	$765K
RSPInvesco Exchange Traded Fd T	0.3%	0.4%	3,647	-25.9%	$759K
WMTWalmart Inc	0.3%	0.4%	7,269	-8.5%	$755K
ITOTIshares Tr	0.3%	0.3%	4,461	-1.2%	$742K
SOSouthern Co	0.3%	0.3%	8,610	+3.9%	$714K
PRFInvesco Exchange Traded Fd T	0.3%	0.3%	12,942	+0.0%	$704K
CSCOCisco Sys Inc	0.3%	0.4%	6,460	-23.0%	$695K
VOTVanguard Index Fds	0.3%	0.3%	2,264	-2.3%	$661K

What West Bancorporation Inc bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

LLY Eli Lilly & Co+992.2% shares
JNJ Johnson & Johnson+341.4% shares
BRK-B Berkshire Hathaway Inc Del+29.5% shares
VO Vanguard Index Fds+26.3% shares
VTV Vanguard Index Fds+24.2% shares
GOOGL Alphabet Inc+23.0% shares
VUG Vanguard Index Fds+21.9% shares
QQQ Invesco Qqq Tr+21.4% shares

Reduced

RSP Invesco Exchange Traded Fd T-25.9% shares
CSCO Cisco Sys Inc-23.0% shares
ACWI Ishares Tr-12.2% shares
WMT Walmart Inc-8.5% shares
IWD Ishares Tr-7.4% shares
SCHD Schwab Strategic Tr-6.9% shares
BAM Brookfield Asset Managmt Ltd-6.6% shares
IWR Ishares Tr-5.2% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +21.9% /yr; S&P 500 +20.1%
3 years: +17.1% /yr; S&P 500 +20.4%
5 years: +10.3% /yr; S&P 500 +13.0%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$255.1M	90
Q2 2026	$233.8M	95
Q1 2026	$200.4M	98
Q4 2025	$190.9M	98
Q3 2025	$179.9M	110
Q2 2025	$158.3M	97
Q1 2025	$147.2M	93
Q4 2024	$152.2M	95
Q3 2024	$149.9M	99
Q2 2024	$135.2M	93
Q1 2024	$152.1M	101
Q4 2023	$154.9M	97

Questions about West Bancorporation Inc's portfolio

What stocks does West Bancorporation Inc own?

West Bancorporation Inc's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 90 positions worth $255.1M. The largest are Ishares Tr (IWF) at 7.0%, Ishares Tr (IWD) at 6.3%, Vanguard Whitehall Fds (VYMI) at 6.1%, Vanguard Index Fds (VO) at 6.1% and Vanguard Whitehall Fds (VYM) at 6.0%.

What did West Bancorporation Inc buy last quarter?

In Q3 2026, West Bancorporation Inc added Eli Lilly & Co (LLY) (+992.2% shares), Johnson & Johnson (JNJ) (+341.4% shares) and Berkshire Hathaway Inc Del (BRK-B) (+29.5% shares), compared with its Q2 2026 filing.

What did West Bancorporation Inc sell last quarter?

In Q3 2026, West Bancorporation Inc cut from its top 50 Adams Diversified Equity Fd (ADX), cut from its top 50 Vanguard Admiral Fds Inc (VOOV), cut from its top 50 Lam Research Corp (LRCX), Invesco Exchange Traded Fd T (RSP) (-25.9% shares), Cisco Sys Inc (CSCO) (-23.0% shares) and Ishares Tr (ACWI) (-12.2% shares), compared with its Q2 2026 filing.

How has West Bancorporation Inc's portfolio performed?

A portfolio copying West Bancorporation Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +21.9% against +20.1%. Over 5 years: +10.3% a year against +13.0%.

When is West Bancorporation Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. West Bancorporation Inc's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.