# WEST BANCORPORATION INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1166928. Source: https://holderbook.com/funds/1166928-west-bancorporation-inc/

- Reported value: $233.8M
- Positions: 95
- Weight of the ten largest: 57.2%
- Filed: 2026-07-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $18.3M | 147,096 | 7.8% | 23 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $17.1M | 70,539 | 7.3% | 23 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $14.9M | 94,584 | 6.4% | 23 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $14.5M | 147,657 | 6.2% | 5 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $12.7M | 114,958 | 5.4% | 23 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $12.6M | 155,999 | 5.4% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $12.0M | 17,468 | 5.1% | 23 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $11.1M | 129,076 | 4.8% | 14 |
| WEST BANCORPORATION INC | [WTBA](https://holderbook.com/stocks/WTBA/) | $11.0M | 415,411 | 4.7% | 23 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $9.6M | 12,811 | 4.1% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $9.5M | 12,676 | 4.0% | 18 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $7.5M | 24,582 | 3.2% | 23 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $6.6M | 92,168 | 2.8% | 23 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $5.9M | 8,078 | 2.5% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.7M | 16,400 | 2.0% | 23 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $4.7M | 21,664 | 2.0% | 23 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $4.2M | 93,091 | 1.8% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.2M | 8,703 | 1.4% | 23 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $3.1M | 36,958 | 1.3% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $3.0M | 9,898 | 1.3% | 23 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $2.8M | 17,531 | 1.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,244 | 0.9% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 5,629 | 0.9% | 23 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.6M | 51,986 | 0.7% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.5M | 7,251 | 0.6% | 23 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.4M | 14,920 | 0.6% | 23 |
| ADAMS DIVERSIFIED EQUITY FD | [ADX](https://holderbook.com/stocks/ADX/) | $1.3M | 49,490 | 0.5% | 4 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $1.3M | 11,714 | 0.5% | 23 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.2M | 4,940 | 0.5% | 23 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 1,255 | 0.5% | 23 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.2M | 4,902 | 0.5% | 14 |
| INVESCO EXCHANGE TRADED FD T | [RPG](https://holderbook.com/stocks/RPG/) | $1.1M | 17,164 | 0.5% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.0M | 4,922 | 0.4% | 19 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $993.1K | 1,763 | 0.4% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $984.9K | 8,385 | 0.4% | 23 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $978.9K | 4,137 | 0.4% | 23 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $908.8K | 3,362 | 0.4% | 18 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $899.6K | 7,943 | 0.4% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $854.7K | 1,708 | 0.4% | 23 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $793.0K | 8,285 | 0.3% | 23 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $789.6K | 9,555 | 0.3% | 23 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $756.3K | 3,450 | 0.3% | 18 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $741.4K | 4,513 | 0.3% | 21 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $738.4K | 1,704 | 0.3% | 5 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $732.0K | 3,439 | 0.3% | 18 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $724.5K | 604 | 0.3% | 11 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $710.0K | 2,318 | 0.3% | 4 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $699.3K | 12,942 | 0.3% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $683.3K | 1,912 | 0.3% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $608.5K | 2,396 | 0.3% | 4 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $564.7K | 7,848 | 0.2% | 23 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $514.9K | 3,629 | 0.2% | 11 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $475.8K | 9,906 | 0.2% | 13 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $474.6K | 2,863 | 0.2% | 23 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $447.6K | 4,309 | 0.2% | 23 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $444.0K | 1,214 | 0.2% | 4 |
| NUSHARES ETF TR | [NUSC](https://holderbook.com/stocks/NUSC/) | $442.2K | 8,485 | 0.2% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $440.1K | 1,565 | 0.2% | 23 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $432.8K | 17,975 | 0.2% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $428.7K | 1,135 | 0.2% | 2 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $427.7K | 4,713 | 0.2% | 23 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $395.5K | 2,893 | 0.2% | 23 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $393.4K | 1,991 | 0.2% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $385.5K | 334 | 0.2% | 1 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $359.9K | 1,513 | 0.2% | 23 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $355.5K | 2,336 | 0.2% | 23 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $344.1K | 934 | 0.1% | 7 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $341.7K | 1,938 | 0.1% | 13 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $339.9K | 2,292 | 0.1% | 23 |
| EVERPURE INC | [P](https://holderbook.com/stocks/P/) | $338.7K | 4,299 | 0.1% | 5 |
| CHEMED CORP NEW | [CHE](https://holderbook.com/stocks/CHE/) | $302.7K | 650 | 0.1% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $301.2K | 878 | 0.1% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $299.9K | 2,045 | 0.1% | 23 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $299.1K | 3,961 | 0.1% | 6 |
| DBX ETF TR | [SNPE](https://holderbook.com/stocks/SNPE/) | $277.9K | 4,035 | 0.1% | 4 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $276.3K | 3,262 | 0.1% | 23 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $270.0K | 1,111 | 0.1% | 2 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $269.7K | 680 | 0.1% | 11 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $265.5K | 1,941 | 0.1% | 11 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $251.4K | 2,140 | 0.1% | 14 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $237.7K | 2,473 | 0.1% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $236.1K | 1,305 | 0.1% | 6 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $234.4K | 4,150 | 0.1% | 8 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $232.8K | 1,257 | 0.1% | 2 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $231.9K | 1,431 | 0.1% | 1 |
| FLEXSHARES TR | [QDEF](https://holderbook.com/stocks/QDEF/) | $231.8K | 2,664 | 0.1% | 4 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $224.8K | 2,886 | 0.1% | 1 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $224.4K | 1,495 | 0.1% | 2 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $216.2K | 272 | 0.1% | 2 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $211.9K | 2,937 | 0.1% | 4 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $210.4K | 1,278 | 0.1% | 2 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $207.5K | 902 | 0.1% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $205.4K | 400 | 0.1% | 13 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $205.4K | 430 | 0.1% | 1 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $201.3K | 1,530 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.7% | +14.8% | -3.2% | 100% |
| Q1 2026 | -2.2% | -4.6% | +2.4% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +6.7% | +7.8% | -1.2% | 100% |
| Q2 2025 | +7.8% | +10.5% | -2.7% | 100% |
| Q1 2025 | -4.2% | -4.6% | +0.4% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.7% | 100% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| 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 |
| Q3 2023 | $141.3M | 92 |