Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

West Bancorporation Inc (WTBA)

108 + Investors. Track Smart Money conviction in WTBA. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
11Q ▲
Buyers last Q
46%

Smart Money Signals — WTBA

Based on 109 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added WTBA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
109 hedge funds hold WTBA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+23 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 46% buying

42 buying50 selling
Last quarter: 50 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 11 → 16 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 28% medium ■ 20% new
57 out of 109 hedge funds have held WTBA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

10 → 13 → 11 → 16 → 12 new funds/Q
New funds entering each quarter: 13 → 11 → 16 → 12. A growing number of institutions are discovering WTBA each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 58% of holders stayed 2+ years

■ 58% veterans ■ 17% 1-2yr ■ 26% new
Of 109 current holders: 63 (58%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 49% AUM from top-100 funds

49% from top-100 AUM funds
35 of 109 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in WTBA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — WTBA

In 2026 Q1, 42 hedge funds were net buyers of WTBA (12 opened a new position, 30 added to an existing one), while 50 reduced or exited (44 trimmed, 6 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. This marks 11 consecutive quarters of net institutional buying — a persistent conviction signal. 49% of total institutional value in WTBA is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 109.

Hedge Fund Ownership: WTBA

How many hedge funds hold WTBA — quarterly history vs. share price
Quarterly hedge fund ownership of WTBA vs. share price

Market Analysis: WTBA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WTBA

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy West Bancorporation Inc (WTBA) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much WTBA has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
WTBA
+6.2%
XLF
+8.0%

WTBA outperformed XLF by -1.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
WTBA
+8.6%
XLF
+4.4%

Since the filing became public, WTBA outperformed XLF by +4.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 1 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: WTBA
108 + Investors

Track Smart Money conviction in WTBA. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 108 103 4.85%
13F Shares 8M 8M 1.0%
Total Value $192M $179M 7.49%
New Positions 11 16 -5
Increased Positions 30 39 -9
Closed Positions 6 8 -2
Reduced Positions 44 27 +17
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: WTBA

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Institutional Holders (2026 Q1)

108 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WTBA. Verified SEC 13F-HR filings.

QUARTER:
Top 25 WTBA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 West Bancorporation Inc 4.96% 418,161 $9.9M
2 Legacy Bridge, LLC 2.23% 245,801 $5.8M
3 Rhino Investment Partners, Inc 1.48% 224,038 $5.3M
4 Basepoint Wealth LLC 0.48% 35,285 $839K
5 Fortress Financial Group, LLC 0.26% 14,597 $347K
6 DMKC Advisory Services, LLC 0.10% 10,500 $250K
7 Independent Wealth Network Inc. 0.10% 14,698 $350K
8 LexAurum Advisors, LLC 0.08% 24,753 $589K
9 Aptus Capital Advisors, LLC 0.08% 408,568 $9.7M
10 De Lisle Partners LLP 0.07% 24,156 $576K
11 City State Bank 0.05% 7,554 $180K
12 Foster Group, Inc. 0.02% 30,667 $730K
13 Mutual Advisors, LLC 0.01% 28,553 $679K
14 Bridgeway Capital Management, LLC 0.01% 16,274 $387K
15 Renaissance Technologies LLC 0.01% 182,452 $4.3M
16 Choreo, LLC 0.00% 14,867 $354K
17 Trexquant Investment LP 0.00% 19,634 $467K
18 American Century Companies Inc 0.00% 266,657 $6.3M
19 TOWER TRUST & INVESTMENT Co 0.00% 155 $4K
20 Tower Research Capital LLC (TRC) 0.00% 3,456 $82K
21 Los Angeles Capital Management LLC 0.00% 19,830 $472K
22 Fmr LLC 0.00% 1,443,571 $34.3M
23 Two Sigma Investments, LP 0.00% 85,979 $2.0M
24 Versant Capital Management, Inc 0.00% 701 $17K
25 Sequoia Financial Advisors, LLC 0.00% 10,738 $255K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — West Bancorporation Inc (WTBA)

What does the Smart Money Trend signal show for WTBA?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added WTBA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WTBA?

More sellers than buyers — 46% buying: Last quarter: 50 funds reduced or exited vs 42 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for WTBA holders?

Elite ownership — 49% AUM from top-100 funds: 35 of 109 holders are among the 100 largest funds by AUM, controlling 49% of total institutional value in WTBA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held WTBA?

52% of holders stayed for 2+ years: 57 out of 109 hedge funds have held WTBA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy West Bancorporation Inc (WTBA) following the 2026 Q1 hedge fund 13F filings?

As of today, WTBA has moved +8.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.4% for the XLF sector ETF — an outperformance of +4.2%. Since the quarter end (March 31, 2026), WTBA has gained +6.2% vs +8.0% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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