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Commerce Bancshares Inc

CBSH
Exchange
Nasdaq
Industry
State Commercial Banks
SEC CIK
0000022356

In the last 90 days, Commerce Bancshares Inc insiders filed 0 open-market purchases and 7 sales; 510 institutions reported holding it in 13F filings for Q2 2026, worth $6.30B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Commerce Bancshares Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
474
−10 vs. Q2 2025
Shares held
94.4M
+821.1K (+0.9%) vs. Q2 2025
Total value
$5.64B
−$180.4M (−3.1%) vs. Q2 2025
New holders
46
188 more added
Sold out
56
141 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting CBSH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 474 institutions
Q1 2021: 386 institutionsQ2 2021: 393 institutionsQ3 2021: 385 institutionsQ4 2021: 398 institutionsQ1 2022: 383 institutionsQ2 2022: 397 institutionsQ3 2022: 398 institutionsQ4 2022: 426 institutionsQ1 2023: 412 institutionsQ2 2023: 395 institutionsQ3 2023: 384 institutionsQ4 2023: 395 institutionsQ1 2024: 383 institutionsQ2 2024: 396 institutionsQ3 2024: 445 institutionsQ4 2024: 469 institutionsQ1 2025: 465 institutionsQ2 2025: 490 institutionsQ3 2025: 474 institutionsQ4 2025: 458 institutionsQ1 2026: 476 institutionsQ2 2026: 510 institutions
Value heldQ3 2025: $5.64B
Q1 2021: $6.01BQ2 2021: $5.84BQ3 2021: $5.44BQ4 2021: $5.66BQ1 2022: $5.98BQ2 2022: $5.45BQ3 2022: $5.39BQ4 2022: $5.84BQ1 2023: $5.04BQ2 2023: $4.30BQ3 2023: $4.17BQ4 2023: $4.88BQ1 2024: $4.82BQ2 2024: $5.08BQ3 2024: $5.35BQ4 2024: $5.92BQ1 2025: $5.90BQ2 2025: $5.91BQ3 2025: $5.64BQ4 2025: $5.21BQ1 2026: $5.12BQ2 2026: $6.30B
Institutions holding CBSH and their total value by quarter
QuarterHoldersValue
Q2 2026510$6.30B
Q1 2026476$5.12B
Q4 2025458$5.21B
Q3 2025474$5.64B
Q2 2025490$5.91B
Q1 2025465$5.90B
Q4 2024469$5.92B
Q3 2024445$5.35B
Q2 2024396$5.08B
Q1 2024383$4.82B
Q4 2023395$4.88B
Q3 2023384$4.17B
Q2 2023395$4.30B
Q1 2023412$5.04B
Q4 2022426$5.84B
Q3 2022398$5.39B
Q2 2022397$5.45B
Q1 2022383$5.98B
Q4 2021398$5.66B
Q3 2021385$5.44B
Q2 2021393$5.84B
Q1 2021386$6.01B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Commerce Bancshares Inc; share changes are against Q2 2025.

Institutions holding CBSH in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mercer Global Advisors Inc25,965$1.55M0.00%−934−3.5%Reduced
KLP Kapitalforvaltning AS26,415$1.58M0.01%−300−1.1%Reduced
Sanctuary Advisors, LLC26,874$1.61M0.01%+1,399+5.5%Added
Northwestern Mutual Investment Management Company, LLC27,661$1.65M0.02%+551+2.0%Added
United Advisor Group, LLC29,480$1.76M0.24%−553−1.8%Reduced
State of Michigan Retirement System29,574$1.77M0.01%+400+1.4%Added
Campbell & CO Investment Adviser LLC29,684$1.77M0.13%−33,761−53.2%Reduced
Mountain Pacific Investment Advisers Inc30,024$1.79M0.28%−144−0.5%Reduced
Meyer Handelman Co30,149$1.80M0.06%−1,150−3.7%Reduced
Quest Partners LLC30,319$1.81M0.12%−42,316−58.3%Reduced
Cambridge Investment Research Advisors, Inc.30,365$1.81M0.00%−4,692−13.4%Reduced
Handelsbanken Fonder AB30,558$1.83M0.01%+4,000+15.1%Added
Captrust Financial Advisors31,524$1.88M0.00%+747+2.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys31,849$1.90M0.01%+653+2.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)32,254$1.93M0.00%+891+2.8%Added
Baird Financial Group, Inc.32,658$1.95M0.00%+303+0.9%Added
Steward Partners Investment Advisory, LLC32,836$1.96M0.01%−358−1.1%Reduced
Colony Group, LLC33,624$1.99M0.00%+12,336+57.9%Added
Jane Street Group, LLC34,318$2.05M0.00%−94,120−73.3%Reduced
M&T Bank Corp34,340$2.05M0.01%−8,007−18.9%Reduced
State of New Jersey Common Pension Fund D34,413$2.06M0.01%−2,838−7.6%Reduced
Louisiana State Employees Retirement System34,500$2.06M0.03%+300+0.9%Added
Country Club Bank34,810$2.07M0.12%−1,767−4.8%Reduced
Ossiam34,996$2.09M0.03%+34,996New
Kesler, Norman & Wride, LLC33,906$2.11M0.41%+355+1.1%Added
Coldstream Capital Management Inc35,448$2.12M0.03%+1,190+3.5%Added
Bank of Montreal36,138$2.16M0.00%−1,050−2.8%Reduced
Kennedy Capital Management, Inc.36,855$2.20M0.05%+8,353+29.3%Added
Wiley Bros.-Aintree Capital, LLC37,007$2.21M0.01%−31,901−46.3%Reduced
Wedge Capital Management L L P37,199$2.22M0.04%+2,952+8.6%Added
Arizona State Retirement System37,512$2.24M0.01%+378+1.0%Added
Commonwealth Equity Services, LLC37,815$2.26M0.00%−9,061−19.3%Reduced
Teachers Retirement System of the State of Kentucky37,980$2.27M0.02%00.0%Unchanged
Summit Trail Advisors, LLC38,372$2.29M0.03%+24,991+186.8%Added
BNP Paribas Arbitrage, SA38,637$2.31M0.00%+13,292+52.4%Added
Pathstone Holdings, LLC38,672$2.31M0.01%−2,050−5.0%Reduced
Yousif Capital Management, LLC38,883$2.32M0.02%−2,219−5.4%Reduced
Meritage Portfolio Management39,034$2.33M0.16%00.0%Unchanged
Public Employees Retirement System of Ohio39,600$2.37M0.01%+229+0.6%Added
Paragon Capital Management LLC40,448$2.42M1.17%00.0%Unchanged
Thrivent Financial for Lutherans41,508$2.48M0.00%−11,860−22.2%Reduced
Ameritas Investment Partners, Inc.42,093$2.52M0.08%−1,957−4.4%Reduced
Amundi43,797$2.60M0.00%+43,797New
Magnetar Financial LLC43,688$2.61M0.02%+43,688New
Toroso Investments, LLC44,191$2.64M0.01%+7,641+20.9%Added
Concurrent Investment Advisors, LLC45,915$2.74M0.05%−284−0.6%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH46,596$2.78M0.00%+6,504+16.2%Added
Atom Investors LP47,148$2.82M0.21%+47,148New
Central Trust Co48,177$2.88M0.06%−6,018−11.1%Reduced
HighTower Advisors, LLC48,235$2.88M0.00%+393+0.8%Added
New York State Common Retirement Fund49,848$2.98M0.00%00.0%Unchanged
State of Tennessee, Treasury Department50,117$2.99M0.01%00.0%Unchanged
Advisor Group Holdings, Inc.49,542$3.03M0.00%+9,281+23.1%Added
Susquehanna International Group, LLP51,390$3.07M0.00%+1,490+3.0%Added
Hilton Capital Management, LLC51,495$3.08M0.25%+10,567+25.8%Added
Comerica Bank51,695$3.09M0.01%+1,264+2.5%Added
Plancorp, LLC51,971$3.11M0.10%+160.0%Added
Teacher Retirement System of Texas52,776$3.15M0.01%+8,067+18.0%Added
Entropy Technologies, LP53,246$3.18M0.24%+53,246New
Janus Henderson Group PLC54,231$3.24M0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey54,397$3.25M0.03%+6,900+14.5%Added
Treasurer of the State of North Carolina55,414$3.31M0.01%−2,162−3.8%Reduced
Amalgamated Bank56,613$3.38M0.02%+1,053+1.9%Added
Point72 Hong Kong Ltd57,026$3.41M0.16%+55,031+2,758.4%Added
Mutual of America Capital Management LLC57,312$3.42M0.04%−3,071−5.1%Reduced
Summit Financial, LLC58,828$3.52M0.05%+130.0%Added
CBOE Vest Financial, LLC62,154$3.71M0.05%+28,858+86.7%Added
Quantbot Technologies LP62,229$3.72M0.10%+62,229New
Cetera Investment Advisers63,013$3.77M0.00%−1,621−2.5%Reduced
MetLife Investment Management63,769$3.81M0.02%−1,643−2.5%Reduced
Brandywine Global Investment Management, LLC64,935$3.88M0.03%+110+0.2%Added
MTM Investment Management, LLC69,631$4.16M1.32%+483+0.7%Added
Atwood & Palmer Inc70,554$4.22M0.25%−680−1.0%Reduced
Franklin Resources Inc70,601$4.22M0.00%−5,148−6.8%Reduced
Engineers Gate Manager LP70,668$4.22M0.05%+16,825+31.2%Added
Stonebridge Financial Group, LLC72,324$4.32M0.38%+784+1.1%Added
HSBC Holdings PLC74,070$4.40M0.00%+70,001+1,720.3%Added
Victory Capital Management Inc74,703$4.46M0.00%−4,430−5.6%Reduced
Edgestream Partners, L.P.78,034$4.66M0.14%−100,386−56.3%Reduced
Jain Global LLC78,258$4.68M0.06%+78,258New
Great West Life Assurance Co84,371$5.02M0.01%+1,281+1.5%Added
Clark & Stuart, Inc84,300$5.04M3.60%−936−1.1%Reduced
Bridgewater Associates, LP91,635$5.48M0.02%+91,635New
Price T Rowe Associates Inc92,285$5.52M0.00%+6,104+7.1%Added
Van Eck Associates Corp93,264$5.57M0.01%+4,456+5.0%Added
Man Group plc94,228$5.63M0.01%+9,250+10.9%Added
Manufacturers Life Insurance Company, The94,589$5.65M0.00%−177−0.2%Reduced
Oppenheimer & Co Inc96,057$5.74M0.07%−605−0.6%Reduced
Robeco Institutional Asset Management B.V.102,227$6.11M0.01%+38,120+59.5%Added
Mariner, LLC106,058$6.34M0.01%+5,706+5.7%Added
LPL Financial LLC107,244$6.41M0.00%−3,839−3.5%Reduced
Stifel Financial Corp111,085$6.64M0.01%−10,854−8.9%Reduced
Numerai GP LLC111,844$6.68M0.94%+111,844New
Cerity Partners LLC112,592$6.73M0.01%+83,498+287.0%Added
US Bancorp114,048$6.82M0.01%+8,607+8.2%Added
California State Teachers Retirement System119,535$7.14M0.01%+912+0.8%Added
Waterfront Wealth Inc.135,094$7.26M1.49%−664−0.5%Reduced
Holocene Advisors, LP125,112$7.48M0.02%+33,521+36.6%Added
Citigroup Inc126,178$7.54M0.01%−69,358−35.5%Reduced
Moneta Group Investment Advisors LLC131,461$7.86M0.06%+221+0.2%Added