# WEST BANCORPORATION INC: Form 13F holdings

An institutional investment manager in WEST DES MOINES, IA. SEC CIK 1166928.

- Quarter ended: 2026-06-30
- Filed: 2026-07-23
- Reported value: $233.8m
- Positions: 95 (95 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1166928/000116692826000037/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES Tr | RUS 1000 GRW ETF | $18.3m | 7.8% | 147,096 |  | Added +110,190 |
| ISHARES Tr | RUS 1000 VAL ETF | $17.1m | 7.3% | 70,539 |  | Reduced −2,592 |
| Vanguard Whitehall FDS | HIGH DIV YLD | $14.9m | 6.4% | 94,584 |  | Added +6,038 |
| Vanguard Whitehall FDS | INTL HIGH ETF | $14.5m | 6.2% | 147,657 |  | Added +14,416 |
| ISHARES Tr | RUS MID CAP ETF | $12.7m | 5.4% | 114,958 |  | Added +8,882 |
| Vanguard Index FDS | MID CAP ETF | $12.6m | 5.4% | 155,999 |  | Added +140,040 |
| Vanguard Index FDS | S&P 500 ETF SHS | $12.0m | 5.1% | 17,468 |  | Reduced −11 |
| Vanguard Index FDS | GROWTH ETF | $11.1m | 4.8% | 129,076 |  | Added +113,522 |
| [West Bancorporation INC (WTBA)](/companies/wtba.md) | CAP STK | $11.0m | 4.7% | 415,411 |  | Reduced −2,750 |
| ISHARES Tr | CORE S&P500 ETF | $9.6m | 4.1% | 12,811 |  | Reduced −491 |
| [SPDR S&P 500 EFT Trust (SPY)](/companies/spy.md) | TR UNIT | $9.5m | 4.0% | 12,676 |  | Unchanged |
| Vanguard Index FDS | SMALL CP ETF | $7.5m | 3.2% | 24,582 |  | Added +910 |
| Vanguard Tax-Managed FDS | VAN FTSE DEV MKT | $6.6m | 2.8% | 92,168 |  | Added +6,159 |
| Invesco Qqq Trust | UNIT SER 1 | $5.9m | 2.5% | 8,078 |  | Added +2,027 |
| [Apple INC (AAPL)](/companies/aapl.md) | COM | $4.7m | 2.0% | 16,400 |  | Reduced −709 |
| Vanguard Index FDS | VALUE ETF | $4.7m | 2.0% | 21,664 |  | Added +6,014 |
| [Brookfield Asset Management Ltd Mngmt  A (BAM)](/companies/bam.md) | CL A LMT VTG SHS | $4.2m | 1.8% | 93,091 |  | Unchanged |
| [Microsoft Corp (MSFT)](/companies/msft.md) | COM | $3.2m | 1.4% | 8,703 |  | Reduced −480 |
| Vanguard Intl Equity Index F | ALLWRLD EX US | $3.1m | 1.3% | 36,958 |  | Reduced −2,953 |
| ISHARES Tr | RUSSELL 2000 ETF | $3.0m | 1.3% | 9,898 |  | Reduced −1,189 |
| ISHARES MSCI ACWI Index Fund | MSCI ACWI ETF | $2.8m | 1.2% | 17,531 |  | Reduced −350 |
| [JPMORGAN Chase & CO (JPM)](/companies/jpm.md) | COM | $2.0m | 0.9% | 6,244 |  | Reduced −356 |
| [Alphabet INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $2.0m | 0.9% | 5,629 |  | Reduced −735 |
| Schwab Strategic Trust | US DIVIDEND EQ | $1.6m | 0.7% | 51,986 |  | Reduced −2,534 |
| [Nvidia Corp (NVDA)](/companies/nvda.md) | COM | $1.5m | 0.6% | 7,251 |  | Reduced −1,123 |
| ISHARES Tr | CORE MSCI EAFE | $1.4m | 0.6% | 14,920 |  | Reduced −1,145 |
| [Adams Diversified Equity FD (ADX)](/companies/adx.md) | COM | $1.3m | 0.5% | 49,490 |  | Added +2,600 |
| [Principal Financial Group INC (PFG)](/companies/pfg.md) | COM | $1.3m | 0.5% | 11,714 |  | Added +1,104 |
| [Abbvie INC (ABBV)](/companies/abbv.md) | COM | $1.2m | 0.5% | 4,940 |  | Unchanged |
| [Costco Wholesale Corp (COST)](/companies/cost.md) | COM | $1.2m | 0.5% | 1,255 |  | Reduced −55 |
| [Amazon com INC (AMZN)](/companies/amzn.md) | COM | $1.2m | 0.5% | 4,902 |  | Reduced −940 |
| Invesco Exch Traded FD TR II | S&P500 PUR GWT | $1.1m | 0.5% | 17,164 |  | Unchanged |
| Invesco Exchange Traded FD T | S&P500 EQL WGT | $1.0m | 0.4% | 4,922 |  | Added +575 |
| [Meta Platforms INC  A (META)](/companies/meta.md) | CL A | $993.1k | 0.4% | 1,763 |  | Reduced −117 |
| [Cisco Systems INC (CSCO)](/companies/csco.md) | COM | $984.9k | 0.4% | 8,385 |  | Unchanged |
| Vanguard specialized Funds | DIV APP ETF | $978.9k | 0.4% | 4,137 |  | Reduced −5,573 |
| [Mcdonalds Corp (MCD)](/companies/mcd.md) | COM | $908.8k | 0.4% | 3,362 |  | Unchanged |
| [Walmart INC (WMT)](/companies/wmt.md) | COM | $899.6k | 0.4% | 7,943 |  | Reduced −457 |
| [Berkshire Hathaway INC (BRK-B)](/companies/brk-b.md) | CL B NEW | $854.7k | 0.4% | 1,708 |  | Added +30 |
| [Southern CO (SO)](/companies/so.md) | COM | $793.0k | 0.3% | 8,285 |  | Reduced −1,531 |
| [Wells Fargo CO (WFC)](/companies/wfc.md) | COM | $789.6k | 0.3% | 9,555 |  | Reduced −271 |
| Vanguard Admiral FDS INC | 500 VAL IDX FD | $756.3k | 0.3% | 3,450 |  | Unchanged |
| ISHARES Tr | CORE S&P TTL STK | $741.4k | 0.3% | 4,513 |  | Unchanged |
| [Lam Research Corp. (LRCX)](/companies/lrcx.md) | COM NEW | $738.4k | 0.3% | 1,704 |  | Reduced −238 |
| [Ross Stores INC (ROST)](/companies/rost.md) | COM | $732.0k | 0.3% | 3,439 |  | Unchanged |
| [Eli Lilly And CO (LLY)](/companies/lly.md) | COM | $724.5k | 0.3% | 604 |  | Reduced −66 |
| Vanguard Mid-cap Growth Index Fund Mid Cap Etf | MCAP GR IDXVIP | $710.0k | 0.3% | 2,318 |  | Unchanged |
| Invesco Exchange Traded FD T | RAFI US 1000 ETF | $699.3k | 0.3% | 12,942 |  | Unchanged |
| [Alphabet INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $683.3k | 0.3% | 1,912 |  | Unchanged |
| [Johnson & Johnson (JNJ)](/companies/jnj.md) | COM | $608.5k | 0.3% | 2,396 |  | Added +666 |
| [Altria Group INC (MO)](/companies/mo.md) | COM | $564.7k | 0.2% | 7,848 |  | Added +1,332 |
| Goldman Sachs Equity Etf | ACTIVEBETA US LG | $514.9k | 0.2% | 3,629 |  | Unchanged |
| [Fastenal Co (FAST)](/companies/fast.md) | COM | $475.8k | 0.2% | 9,906 |  | Reduced −1,626 |
| [Chevron Corp (CVX)](/companies/cvx.md) | COM | $474.6k | 0.2% | 2,863 |  | Added +600 |
| ISHARES Tr | MSCI EAFE ETF | $447.6k | 0.2% | 4,309 |  | Reduced −422 |
| Vanguard Small-cap Growth Index Fund Small Cap Etf | SML CP GRW ETF | $444.0k | 0.2% | 1,214 |  | Reduced −153 |
| Nushares ETF Tr | NUVEEN ESG SMLCP | $442.2k | 0.2% | 8,485 |  | Added +499 |
| [International Business Machines Corp (IBM)](/companies/ibm.md) | COM | $440.1k | 0.2% | 1,565 |  | Unchanged |
| [Pfizer INC (PFE)](/companies/pfe.md) | COM | $432.8k | 0.2% | 17,975 |  | Reduced −1,800 |
| [Broadcom INC (AVGO)](/companies/avgo.md) | COM | $428.7k | 0.2% | 1,135 |  | Added +80 |
| [Abbott Laboratories (ABT)](/companies/abt.md) | COM | $427.7k | 0.2% | 4,713 |  | Reduced −429 |
| Exxon Mobil Corp | COM | $395.5k | 0.2% | 2,893 |  | Reduced −125 |
| Vanguard Mid-cap Value Index Fund Mid Cap Etf | MCAP VL IDXVIP | $393.4k | 0.2% | 1,991 |  | Unchanged |
| [Micron Technology Inc (MU)](/companies/mu.md) | COM | $385.5k | 0.2% | 334 |  | New +334 |
| Honeywell International INC | COM | $359.9k | 0.2% | 1,513 |  | Added +21 |
| SPDR SER TR | STATE STREET SPD | $355.5k | 0.2% | 2,336 |  | Reduced −349 |
| [SPDR Gold Trust (GLD)](/companies/gld.md) | GOLD SHS | $344.1k | 0.1% | 934 |  | Unchanged |
| [Amphenol Corp  A (APH)](/companies/aph.md) | CL A | $341.7k | 0.1% | 1,938 |  | Reduced −582 |
| ISHARES Tr | CORE S&P SCP ETF | $339.9k | 0.1% | 2,292 |  | Added +34 |
| [Pure Storage INC  A (P)](/companies/p.md) | CL A | $338.7k | 0.1% | 4,299 |  | Unchanged |
| [Chemed Corp New (CHE)](/companies/che.md) | COM | $302.7k | 0.1% | 650 |  | Unchanged |
| [Visa INC (V)](/companies/v.md) | COM CL A | $301.2k | 0.1% | 878 |  | Added +23 |
| [Procter & Gamble CO (PG)](/companies/pg.md) | COM | $299.9k | 0.1% | 2,045 |  | Reduced −1,365 |
| [Ishares Gold Trust (IAU)](/companies/iau.md) | ISHARES NEW | $299.1k | 0.1% | 3,961 |  | Unchanged |
| DBX ETF TR | XTRACKRS S&P 500 | $277.9k | 0.1% | 4,035 |  | Unchanged |
| [Corteva INC (CTVA)](/companies/ctva.md) | COM | $276.3k | 0.1% | 3,262 |  | Reduced −1,068 |
| Vanguard Small Cap Value Etf | SM CP VAL ETF | $270.0k | 0.1% | 1,111 |  | Reduced −551 |
| Vanguard World FD | CONSUM DIS ETF | $269.7k | 0.1% | 680 |  | Unchanged |
| [American Electric Power Company INC (AEP)](/companies/aep.md) | COM | $265.5k | 0.1% | 1,941 |  | Reduced −540 |
| ISHARES Tr | S&P MC 400GR ETF | $251.4k | 0.1% | 2,140 |  | Unchanged |
| [Monster  Beverage Corp (MNST)](/companies/mnst.md) | COM | $237.7k | 0.1% | 2,473 |  | Reduced −799 |
| [Philip Morris International INC (PM)](/companies/pm.md) | COM | $236.1k | 0.1% | 1,305 |  | Reduced −312 |
| J P MORGAN Exchange Traded  F | EQUITY PREMIUM | $234.4k | 0.1% | 4,150 |  | Reduced −7,800 |
| Industrial Select Sector SPDR | STATE STREET IND | $232.8k | <0.1% | 1,257 |  | Unchanged |
| Flextronics Intl | ORD | $231.9k | <0.1% | 1,431 |  | New +1,431 |
| Flexshares TR | QLT DIV DEF IDX | $231.8k | <0.1% | 2,664 |  | Unchanged |
| Vanguard Short-Term Bond ETF | SHORT TRM BOND | $224.8k | <0.1% | 2,886 |  | New +2,886 |
| Vanguard Energy Index Fund Etf | ENERGY ETF | $224.4k | <0.1% | 1,495 |  | Unchanged |
| [Caseys General Stores INC (CASY)](/companies/casy.md) | COM | $216.2k | <0.1% | 272 |  | Reduced −85 |
| [Uber Technologies INC (UBER)](/companies/uber.md) | COM | $211.9k | <0.1% | 2,937 |  | Reduced −305 |
| ISHARES Russell Mid-Cap Value ETF | RUS MDCP VAL ETF | $210.4k | <0.1% | 1,278 |  | Reduced −930 |
| [Factset Resh Sys Inc (FDS)](/companies/fds.md) | COM | $207.5k | <0.1% | 902 |  | Reduced −30 |
| [Mastercard INC (MA)](/companies/ma.md) | CL A | $205.4k | <0.1% | 400 |  | Reduced −188 |
| [Taiwan Semiconductor Manufacturing CO Ltd (TSM)](/companies/tsm.md) | SPONSORED ADS | $205.4k | <0.1% | 430 |  | New +430 |
| Vanguard Financials Etf | FINANCIALS ETF | $201.3k | <0.1% | 1,530 |  | New +1,530 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AT&T INC (T)](/companies/t.md) | COM | $0 | 0.0% | 0 |  | Sold out −9,698 |
| [Emerson Electric CO (EMR)](/companies/emr.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,992 |
| [Eog Resources INC (EOG)](/companies/eog.md) | COM | $0 | 0.0% | 0 |  | Sold out −1,665 |
| ISHARES Tr | INTL SEL DIV ETF | $0 | 0.0% | 0 |  | Sold out −5,757 |
| [L3harris Technologies INC (LHX)](/companies/lhx.md) | COM | $0 | 0.0% | 0 |  | Sold out −849 |
| [Pepsico INC (PEP)](/companies/pep.md) | COM | $0 | 0.0% | 0 |  | Sold out −4,640 |
| [Public Service Enterprise Group INC (PEG)](/companies/peg.md) | COM | $0 | 0.0% | 0 |  | Sold out −3,039 |
| Wisdomtree TR | US MIDCAP DIVID | $0 | 0.0% | 0 |  | Sold out −7,031 |

Source: SEC EDGAR, Form 13F-HR, accession 0001166928-26-000037. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.