SEC Filing Summary: West Bancorporation Inc (Form 13F)
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, 2022. As a Form 13F, this document discloses the equity securities held by the company (acting as an institutional investment manager) at the end of the quarter. It does not contain the company's own financial performance data (revenue, profit, etc.) but rather its investment portfolio holdings.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio of common stocks, exchange-traded funds (ETFs), and other equity securities. Key metrics derived from the table include:
- Total Holdings: The table lists over 200 distinct issuers.
- Top Holdings by Value (Column 4):
- West Bancorporation Inc (Self-Holding): $9,784,000 (401,966 shares)
- ISHARES Russell Midcap ETF: $7,607,000 (117,645 shares)
- Russell 1000 Value Ishare ETF: $8,351,000 (57,604 shares)
- ISHARES Russell 1000 Growth ETF: $6,589,000 (30,129 shares)
- ISHARES Russell 2000 Index Fd ETF: $3,677,000 (21,710 shares)
- Significant Individual Stock Positions:
- Microsoft Corp: $3,943,000 (15,353 shares)
- Apple Inc: $2,570,000 (18,801 shares)
- Pfizer Inc: $1,672,000 (31,884 shares)
- Home Depot Inc: $1,146,000 (4,179 shares)
- Honeywell International Inc: $1,302,000 (7,489 shares)
- Voting Authority: The company reports Sole voting authority for all listed positions (Column 7 = 1).
Material Changes Versus Prior Period
The filing text does not provide a clear value for material changes compared to the prior comparable period. Form 13F tables typically list only the holdings at the end of the current quarter without explicitly stating the net change in shares or value from the previous quarter within the table rows themselves. Analysis of changes would require comparing this data against the previous quarter's filing.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, or contingencies. Form 13F is a statutory disclosure of holdings and does not include narrative sections for forward-looking statements or risk factors. The standard disclaimer notes that the SEC has not reviewed the information for accuracy.
Important Facts for Investor Verification
- Self-Holding: West Bancorporation holds a significant position in its own stock ($9.78M), which is common for bank holding companies but should be verified against their treasury stock policies.
- ETF Concentration: A substantial portion of the portfolio value is concentrated in broad market and factor-based ETFs (e.g., Russell 1000/2000, Midcap, Value/Growth), suggesting a passive or index-tracking strategy for a large segment of assets.
- Valuation Basis: The "Value" column represents the approximate market value at the end of the quarter (June 30, 2022) and does not reflect current market prices.
- Scope of Disclosure: This filing covers only equity securities; it does not disclose debt holdings, derivatives, or cash positions held by the company.