West Bancorporation Inc. Form 13F Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc. for the reporting period ending June 30, 2023. The document discloses the company's equity holdings in accordance with SEC regulations. It does not contain operational financial statements, revenue data, or management commentary regarding the company's own banking operations.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio of equity securities. Key metrics derived from the table include:
- Total Reported Positions: 93 distinct issuers and ETFs.
- Investment Discretion: All reported positions are listed as "Sole" discretion.
- Top Holdings by Value:
- West Bancorporation Inc. (Own Stock): $7,895,994 (428,897 shares)
- IShares Russell 1000 Growth ETF: $8,275,763 (30,074 shares)
- IShares Russell Midcap ETF: $8,359,014 (114,460 shares)
- Russell 1000 Value Ishare ETF: $10,017,154 (63,468 shares)
- American Equity Investment Life Holding Co: $19,559,020 (375,341 shares)
- Asset Class Mix: The portfolio contains a significant allocation to Exchange Traded Funds (ETFs), particularly those tracking Russell and S&P indices, alongside individual equities in technology, healthcare, and consumer sectors.
Material Changes and Comparisons
The filing text provided does not include data for the prior comparable period (March 31, 2023). Consequently, material changes in holdings, net purchases, or sales cannot be calculated from this document alone.
Guidance, Risks, and Contingencies
Form 13F filings are strictly informational regarding holdings and do not contain forward-looking guidance, management commentary, risk factors, or contingency disclosures. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column, noting that this represents only the reported equity holdings and not the company's total assets.
- Confirm the concentration risk associated with the large holding in American Equity Investment Life Holding Co ($19.5M) and the company's own stock ($7.9M).
- Compare these holdings against the previous quarter's Form 13F to identify significant rebalancing or strategic shifts.
- Note that the filing does not disclose debt levels, liquidity ratios, or operating margins for West Bancorporation Inc.