Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc for the reporting period ending December 31, 2022. The document discloses the company's equity holdings as of the period end, detailing the number of shares and value of securities held.
Key Financial Metrics and Portfolio Composition
The filing provides a snapshot of the investment portfolio rather than the company's operational financials (revenue, profit, or cash flow). Key portfolio metrics include:
- Total Holdings: The table lists 85 distinct securities, including common stocks and Exchange Traded Funds (ETFs).
- Largest Single Holding: West Bancorporation Inc (Own Stock) with a value of $10,088,826 (394,866 shares).
- Top External Equity Holdings:
- Microsoft Corp: $2,951,225
- Apple Inc: $2,308,336
- Alphabet Inc (Class C): $520,756
- Home Depot Inc: $1,173,736
- Significant ETF Exposure: The portfolio holds substantial positions in broad market and dividend-focused ETFs, including:
- Russell 1000 Value Ishare ETF: $8,838,769
- IShares Russell Midcap ETF: $7,642,220
- IShares Russell 1000 Growth ETF: $6,313,653
- SPDR S&P 500 ETF Trust: $4,734,483
- Voting Authority: The filing indicates "Sole" voting authority for all listed positions.
Material Changes Versus Prior Period
The filing text does not provide data for the prior comparable period (September 30, 2022) or a summary of changes in holdings. Therefore, material changes in position size or value cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingencies regarding the company's future operations or financial outlook.
Important Facts for Investor Verification
- Self-Holding: Verify the significance of the $10.1 million holding in West Bancorporation Inc's own stock relative to the company's total assets and capital structure.
- Portfolio Concentration: Note the heavy weighting in large-cap technology (Microsoft, Apple) and broad market index funds (Russell 1000/2000, S&P 500).
- Dividend Focus: Confirm the strategic intent behind the significant allocation to dividend-focused ETFs (e.g., Vanguard High Dividend Yield, WisdomTree Dividend funds).
- Regulatory Context: Acknowledge that this filing reflects holdings as of a specific date and does not represent the company's operating performance or liquidity position.