West Bancorporation Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 26, 2024), West Bancorporation Inc. reported 93 stock positions worth $135.2 million. Its top holding was iShares Russell 1000 Growth (IWF) at 9.3% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 7.3%) and iShares Russell Mid-Cap ETF (IWR, 6.5%). Compared with Q1 2024, it opened 5 new positions, sold out of 13, added to 15 and reduced 47. The biggest buy was a new position in Brookfield Asset Mgmt-A (BAM) and the biggest sale an exit from American National (AEL).

Most Recent 13F
Q2 2026
Location
WEST DES MOINES, IA
CIK
0001166928
Portfolio Value
$135.2M (Q2 2024)
SEC Filing
0001166928-24-000091 ↗ filed Jul 26, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $152.1M Q1 2024 Q2 2024: $135.2M $135.2M Q2 2024 Q3 2024: $149.9M Q3 2024 Q4 2024: $152.2M Q4 2024 Q1 2025: $147.2M Q1 2025 Q2 2025: $158.3M Q2 2025 Q3 2025: $179.9M Q3 2025 Q4 2025: $190.9M Q4 2025 Q1 2026: $200.4M Q1 2026 Q2 2026: $233.8M Q2 2026

Holdings 93 stocks · $135.2M
IWF iShares Russell 1000 Growth 9.29% 34,455 $12.6M Reduce -1.3%
IWD iShares Russell 1000 Value E 7.28% 56,372 $9.8M Reduce -0.5%
IWR iShares Russell Mid-Cap ETF 6.54% 109,109 $8.8M Reduce -5.8%
WTBA West Bancorporation 5.85% 441,847 $7.9M Reduce -0.2%
IVV iShares Core S&P 500 ETF 4.93% 12,183 $6.7M Add +11.9%
SPY SS SPDR S&P 500 ETF Trust-US 4.80% 11,922 $6.5M Reduce -1.9%
CALF PCR US SM CP CSH CWS ETF-Usd 4.02% 124,828 $5.4M Add +104.0%
VOO Vanguard S&P 500 ETF 3.78% 10,224 $5.1M Add +7.7%
VYM Vanguard High DVD Yield ETF 3.67% 41,840 $5.0M Add +3.1%
BAM Brookfield Asset Mgmt-A 3.30% 117,309 $4.5M New
MSFT Microsoft Corp. 3.03% 9,173 $4.1M Reduce -5.9%
COWZ Pacer US Cash Cows 100 ETF 3.02% 75,032 $4.1M Add +137.6%
VEA Vanguard Ftse Developed ETF 2.47% 67,552 $3.3M Reduce -9.8%
VUG Vanguard Mrngstar GR ETF-Sui 2.34% 8,454 $3.2M Add +5.7%
AAPL Apple Inc. 2.33% 14,936 $3.1M Add +2.9%
IWM iShares Russell 2000 ETF 2.31% 15,373 $3.1M Reduce -11.7%
VB Vanguard Most SM-Cap ETF-Usd 2.19% 13,581 $3.0M Add +12.7%
VTV Vanguard Mrngstr Val ETF-Aui 1.70% 14,332 $2.3M Add +0.8%
VIG Vanguard Dividend Apprec ETF 1.36% 10,099 $1.8M Reduce -6.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.24% 6,914 $1.7M Reduce -2.7%
SCHD Schwab US DVD Equity ETF 1.20% 20,928 $1.6M Reduce -8.5%
IEFA iShares Core MSCI Eafe ETF 1.05% 19,509 $1.4M No change
COST Costco Wholesale Corp. 0.90% 1,433 $1.2M Reduce -0.9%
NVDA Nvidia Corp. 0.88% 9,623 $1.2M Reduce -10.6%
GOOG Alphabet Inc. Class C 0.82% 6,067 $1.1M Reduce -1.9%
JPM JPMorgan Chase & Co. 0.79% 5,312 $1.1M Reduce -1.1%
SO The Southern Co. 0.79% 13,820 $1.1M No change
ABBV Abbvie Inc. 0.69% 5,471 $938K No change
PEP Pepsico Inc. 0.66% 5,377 $887K No change
PFG Principal Financial Group 0.62% 10,610 $832K No change
AMZN Amazon.com Inc. 0.59% 4,144 $801K Add +13.8%
MCD McDonald's Corp. 0.58% 3,054 $778K No change
SDY SS SPDR S&P Dividend ETF 0.54% 5,739 $730K Reduce -2.9%
EFA iShares MSCI Eafe ETF 0.49% 8,433 $661K Reduce -14.7%
HON Honeywell International Inc. 0.47% 2,984 $637K Reduce -56.5%
PFE Pfizer Inc. 0.47% 22,463 $629K Reduce -9.3%
VOOV Vanguard S&P 500 Value ETF 0.45% 3,450 $606K No change
ABT Abbott Laboratories 0.44% 5,773 $600K Reduce -22.9%
WFC Wells Fargo & Co. 0.42% 9,450 $561K No change
RSP Invesco S&P 500 Equal Weight 0.38% 3,119 $512K Add +47.2%
ROST Ross Stores Inc. 0.37% 3,439 $500K No change
ITOT iShares Core S&P Total U.S. 0.37% 4,180 $497K Reduce -9.5%
VEU Vanguard Ftse All-World Ex-U 0.36% 8,233 $483K Add +41.7%
GSLC Goldman Activebeta US LC ETF 0.32% 4,060 $434K Add +5.2%
CSCO Cisco Systems Inc. 0.32% 9,017 $428K Reduce -40.0%
MRK Merck & Co. Inc. 0.31% 3,405 $422K Reduce -6.1%
ADM Archer-Daniels-Midland Co. 0.31% 6,859 $415K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.30% 2,365 $409K No change
DES Wisdomtree US Smallcap Divid 0.29% 12,447 $388K Reduce -70.2%
PG The Procter & Gamble Co. 0.27% 2,199 $363K No change
CMG Chipotle Mexican Grill Inc. 0.27% 5,758 $361K Reduce -18.3%
CVX Chevron Corp. 0.27% 2,303 $360K No change
DD Dupont DE Nemours Inc. 0.25% 4,250 $342K No change
FAST Fastenal Co. 0.25% 5,398 $339K Reduce -0.5%
LLY Eli Lilly & Co. 0.25% 369 $334K Reduce -0.5%
HPQ HP Inc. 0.24% 9,121 $319K No change
FFA First Trust Enhan Eqty Inc. 0.23% 15,596 $311K Add +51.5%
UNH Unitedhealth Group Inc. 0.23% 606 $309K Reduce -1.3%
APH Amphenol Corp. Class A 0.22% 4,346 $293K Reduce -18.5%
EOG EOG Resources Inc. 0.21% 2,304 $290K Reduce -0.5%
MO Altria Group Inc. 0.21% 6,279 $286K No change
P Everpure Inc. Class A filed as PURE STORAGE INC 0.20% 4,299 $276K No change
IJK iShares S&P Mid-Cap 400 Grow 0.19% 2,930 $258K No change
IJR iShares Core S&P Small-Cap E 0.19% 2,381 $254K Reduce -15.7%
XOM Exxon Mobil Corp. 0.19% 2,194 $253K Reduce -1.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.19% 2,542 $252K Reduce -16.3%
SPOT Spotify Technology SA 0.19% 800 $251K Reduce -26.7%
INTU Intuit Inc. 0.18% 379 $249K Reduce -1.8%
XLK SS Technology Select Sector 0.18% 1,091 $247K No change
CASY Casey's General Stores Inc. 0.18% 640 $244K New
BRK.B Berkshire Hathaway Inc. Class B 0.18% 600 $244K Add +3.5%
FISV Fiserv Inc. 0.17% 1,587 $237K Reduce -0.9%
IDV iShares International Select 0.17% 8,511 $235K Reduce -15.7%
CTVA Corteva Inc. 0.17% 4,330 $234K No change
AEP American Electric Power 0.17% 2,653 $233K Reduce -0.9%
TSCO Tractor Supply Company 0.17% 852 $230K Reduce -0.7%
T AT&T Inc. 0.17% 11,919 $228K No change
LHX L3HARRIS Technologies Inc. 0.17% 1,012 $227K New
GCOW Pacer Global Cash Cows Divid 0.17% 6,705 $226K New
UNP Union Pacific Corp. 0.17% 996 $225K Reduce -0.7%
BSX Boston Scientific Corp. 0.17% 2,919 $225K Reduce -0.8%
PEG Public Service Enterprise GP 0.17% 3,039 $224K No change
LRCX Lam Research Corp. 0.16% 208 $221K Reduce -0.5%
BUD Anheuser-Busch Inbev-SPN ADR 0.16% 3,780 $220K No change
MDLZ Mondelez International Inc. Class A 0.16% 3,355 $220K No change
MA Mastercard Inc. Class A 0.16% 495 $218K Reduce -3.5%
UPS United Parcel Service Class B 0.16% 1,581 $216K No change
SPGI S&P Global Inc. 0.16% 477 $213K Reduce -1.0%
VCR Vanguard Consumer Discre ETF 0.16% 680 $212K No change
CPRT Copart Inc. 0.15% 3,826 $207K Reduce -0.9%
NOW ServiceNow Inc. 0.15% 263 $207K Reduce -1.5%
BLK BlackRock Finance Inc. 0.15% 258 $203K Reduce -41.5%
MTD Mettler-Toledo International 0.15% 144 $201K New

Portfolio Sells Q1 2024 → Q2 2024
AEL American National Group Inc. Sold out 0.00% −13.13
DON Wisdomtree US Midcap Dividen Sold out 0.00% −1.62
DES Wisdomtree US Smallcap Divid Reduce -70.2% 0.29% −0.61
HON Honeywell International Inc. Reduce -56.5% 0.47% −0.45
IWN iShares Russell 2000 Value E Sold out 0.00% −0.39
BX Blackstone Inc. Sold out 0.00% −0.30
IWS iShares Russell Mid-Cap Valu Sold out 0.00% −0.29
INTC Intel Corp. Sold out 0.00% −0.23
PAYX Paychex Inc. Sold out 0.00% −0.22
CSCO Cisco Systems Inc. Reduce -40.0% 0.32% −0.18
DOW Dow Inc. Sold out 0.00% −0.16
ALGN Align Technology Inc. Sold out 0.00% −0.14
SHW The Sherwin-Williams Co. Sold out 0.00% −0.14
SBUX Starbucks Corp. Sold out 0.00% −0.13
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.13
GEHC GE Healthcare Technology Sold out 0.00% −0.13
ABT Abbott Laboratories Reduce -22.9% 0.44% −0.12
IWM iShares Russell 2000 ETF Reduce -11.7% 2.31% −0.10
BLK BlackRock Finance Inc. Reduce -41.5% 0.15% −0.09
DIS The Walt Disney Co. Reduce -16.3% 0.19% −0.06
EFA iShares MSCI Eafe ETF Reduce -14.7% 0.49% −0.03
FAST Fastenal Co. Reduce -0.5% 0.25% −0.02
IJR iShares Core S&P Small-Cap E Reduce -15.7% 0.19% −0.02
IDV iShares International Select Reduce -15.7% 0.17% −0.01
SCHD Schwab US DVD Equity ETF Reduce -8.5% 1.20% −0.01
SPOT Spotify Technology SA Reduce -26.7% 0.19% −0.00
CMG Chipotle Mexican Grill Inc. Reduce -18.3% 0.27% −0.00
MRK Merck & Co. Inc. Reduce -6.1% 0.31% −0.00
MA Mastercard Inc. Class A Reduce -3.5% 0.16% −0.00
VEA Vanguard Ftse Developed ETF Reduce -9.8% 2.47% −0.00
UNP Union Pacific Corp. Reduce -0.7% 0.17% +0.00
CPRT Copart Inc. Reduce -0.9% 0.15% +0.01
FISV Fiserv Inc. Reduce -0.9% 0.17% +0.01
PFE Pfizer Inc. Reduce -9.3% 0.47% +0.01
APH Amphenol Corp. Class A Reduce -18.5% 0.22% +0.01
XOM Exxon Mobil Corp. Reduce -1.2% 0.19% +0.02
ITOT iShares Core S&P Total U.S. Reduce -9.5% 0.37% +0.02
NOW ServiceNow Inc. Reduce -1.5% 0.15% +0.02
INTU Intuit Inc. Reduce -1.8% 0.18% +0.02
EOG EOG Resources Inc. Reduce -0.5% 0.21% +0.02
AEP American Electric Power Reduce -0.9% 0.17% +0.02
SPGI S&P Global Inc. Reduce -1.0% 0.16% +0.02
TSCO Tractor Supply Company Reduce -0.7% 0.17% +0.02
UNH Unitedhealth Group Inc. Reduce -1.3% 0.23% +0.03
LRCX Lam Research Corp. Reduce -0.5% 0.16% +0.03
SDY SS SPDR S&P Dividend ETF Reduce -2.9% 0.54% +0.03
BSX Boston Scientific Corp. Reduce -0.8% 0.17% +0.03
LLY Eli Lilly & Co. Reduce -0.5% 0.25% +0.06
VIG Vanguard Dividend Apprec ETF Reduce -6.4% 1.36% +0.07
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -2.7% 1.24% +0.07

Portfolio Buys Q1 2024 → Q2 2024
BAM Brookfield Asset Mgmt-A New 3.30% +3.30
CALF PCR US SM CP CSH CWS ETF-Usd Add +104.0% 4.02% +2.05
COWZ Pacer US Cash Cows 100 ETF Add +137.6% 3.02% +1.82
IVV iShares Core S&P 500 ETF Add +11.9% 4.93% +1.17
VOO Vanguard S&P 500 ETF Add +7.7% 3.78% +0.78
AAPL Apple Inc. Add +2.9% 2.33% +0.69
VUG Vanguard Mrngstar GR ETF-Sui Add +5.7% 2.34% +0.53
VYM Vanguard High DVD Yield ETF Add +3.1% 3.67% +0.44
VB Vanguard Most SM-Cap ETF-Usd Add +12.7% 2.19% +0.38
CASY Casey's General Stores Inc. New 0.18% +0.18
VTV Vanguard Mrngstr Val ETF-Aui Add +0.8% 1.70% +0.18
LHX L3HARRIS Technologies Inc. New 0.17% +0.17
GCOW Pacer Global Cash Cows Divid New 0.17% +0.17
AMZN Amazon.com Inc. Add +13.8% 0.59% +0.16
MTD Mettler-Toledo International New 0.15% +0.15
RSP Invesco S&P 500 Equal Weight Add +47.2% 0.38% +0.14
VEU Vanguard Ftse All-World Ex-U Add +41.7% 0.36% +0.13
FFA First Trust Enhan Eqty Inc. Add +51.5% 0.23% +0.10
GSLC Goldman Activebeta US LC ETF Add +5.2% 0.32% +0.06
BRK.B Berkshire Hathaway Inc. Class B Add +3.5% 0.18% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 95$233.8MIWF, IWD, VYM, VYMI, IWR
Q1 2026 98$200.4MIWF, IWD, VYM, VYMI, VOO
Q4 2025 98$190.9MIWF, IWD, VYM, VOO, VYMI
Q3 2025 110$179.9MIWF, IWD, VOO, VYM, IVV
Q2 2025 97$158.3MIWF, IWD, IWR, VOO, VYM
Q1 2025 93$147.2MIWF, IWD, IWR, WTBA, VOO
Q4 2024 95$152.2MIWF, IWD, WTBA, IWR, VOO
Q3 2024 99$149.9MIWF, IWD, IWR, WTBA, IVV
Q2 2024 93$135.2MIWF, IWD, IWR, WTBA, IVV
Q1 2024 101$152.1MAEL, IWF, IWD, IWR, WTBA