West Bancorporation Inc. - Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by West Bancorporation Inc. for the reporting period ending September 30, 2024. The document discloses the equity securities held by the company, which acts as an investment manager or institutional investor. The filing lists holdings across various sectors, including technology, healthcare, consumer staples, and financials, alongside a significant position in the company's own common stock.
Key Financial Metrics and Holdings
The filing provides a snapshot of the portfolio's composition as of the reporting date. Key metrics derived from the table include:
- Total Reported Positions: The table lists 88 distinct equity positions.
- Largest Single Holding: West Bancorporation Inc. (CAP STK) with 440,347 shares valued at approximately $8,370,996.
- Top External Holdings by Value:
- Apple Inc.: ~$3,506,883
- Microsoft Corp: ~$3,771,149
- Alphabet Inc. (Class C): ~$1,032,231
- Amazon.com Inc.: ~$789,294
- ETF Exposure: Significant allocations to index funds, including iShares Russell Midcap ETF (~$9.27M), iShares Russell 1000 Growth ETF (~$13.12M), and Vanguard High Dividend Yield ETF (~$5.26M).
- Voting Authority: The company reports "Sole" voting authority for all listed positions.
Material Changes and Comparisons
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F filings are point-in-time snapshots of holdings and do not inherently contain comparative data against previous quarters within the document text itself. Analysis of changes would require cross-referencing with prior 13F filings.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for management guidance, future outlook, specific risk factors, or contingencies. Form 13F is a regulatory disclosure of current holdings and does not include narrative commentary, earnings guidance, or risk assessments typically found in 10-K or 10-Q reports.
Important Facts for Investor Verification
- Self-Holding: Verify the strategic intent behind the large holding of West Bancorporation's own stock (440,347 shares), which represents the single largest position in the portfolio.
- Concentration Risk: Assess the concentration in large-cap technology stocks (Apple, Microsoft, Alphabet, Amazon) and broad market ETFs.
- Valuation Basis: Confirm that the "Value" column represents the fair market value as of September 30, 2024, and understand that these are not necessarily realized gains or losses.
- Reporting Scope: Note that this filing only covers equity securities (stocks and ETFs) and does not disclose debt holdings, derivatives, or cash positions.