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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
Franklin Resources Inc70,601$4.22M0.00%−5,148−6.8%Reduced
Atwood & Palmer Inc70,554$4.22M0.25%−680−1.0%Reduced
MTM Investment Management, LLC69,631$4.16M1.32%+483+0.7%Added
Brandywine Global Investment Management, LLC64,935$3.88M0.03%+110+0.2%Added
MetLife Investment Management63,769$3.81M0.02%−1,643−2.5%Reduced
Cetera Investment Advisers63,013$3.77M0.00%−1,621−2.5%Reduced
Quantbot Technologies LP62,229$3.72M0.10%+62,229New
CBOE Vest Financial, LLC62,154$3.71M0.05%+28,858+86.7%Added
Summit Financial, LLC58,828$3.52M0.05%+130.0%Added
Mutual of America Capital Management LLC57,312$3.42M0.04%−3,071−5.1%Reduced
Point72 Hong Kong Ltd57,026$3.41M0.16%+55,031+2,758.4%Added
Amalgamated Bank56,613$3.38M0.02%+1,053+1.9%Added
Treasurer of the State of North Carolina55,414$3.31M0.01%−2,162−3.8%Reduced
Police & Firemen's Retirement System of New Jersey54,397$3.25M0.03%+6,900+14.5%Added
Janus Henderson Group PLC54,231$3.24M0.00%00.0%Unchanged
Entropy Technologies, LP53,246$3.18M0.24%+53,246New
Teacher Retirement System of Texas52,776$3.15M0.01%+8,067+18.0%Added
Plancorp, LLC51,971$3.11M0.10%+160.0%Added
Comerica Bank51,695$3.09M0.01%+1,264+2.5%Added
Hilton Capital Management, LLC51,495$3.08M0.25%+10,567+25.8%Added
Susquehanna International Group, LLP51,390$3.07M0.00%+1,490+3.0%Added
Advisor Group Holdings, Inc.49,542$3.03M0.00%+9,281+23.1%Added
State of Tennessee, Treasury Department50,117$2.99M0.01%00.0%Unchanged
New York State Common Retirement Fund49,848$2.98M0.00%00.0%Unchanged
HighTower Advisors, LLC48,235$2.88M0.00%+393+0.8%Added
Central Trust Co48,177$2.88M0.06%−6,018−11.1%Reduced
Atom Investors LP47,148$2.82M0.21%+47,148New
Universal- Beteiligungs- und Servicegesellschaft mbH46,596$2.78M0.00%+6,504+16.2%Added
Concurrent Investment Advisors, LLC45,915$2.74M0.05%−284−0.6%Reduced
Toroso Investments, LLC44,191$2.64M0.01%+7,641+20.9%Added
Magnetar Financial LLC43,688$2.61M0.02%+43,688New
Amundi43,797$2.60M0.00%+43,797New
Ameritas Investment Partners, Inc.42,093$2.52M0.08%−1,957−4.4%Reduced
Thrivent Financial for Lutherans41,508$2.48M0.00%−11,860−22.2%Reduced
Paragon Capital Management LLC40,448$2.42M1.17%00.0%Unchanged
Public Employees Retirement System of Ohio39,600$2.37M0.01%+229+0.6%Added
Meritage Portfolio Management39,034$2.33M0.16%00.0%Unchanged
Yousif Capital Management, LLC38,883$2.32M0.02%−2,219−5.4%Reduced
Pathstone Holdings, LLC38,672$2.31M0.01%−2,050−5.0%Reduced
BNP Paribas Arbitrage, SA38,637$2.31M0.00%+13,292+52.4%Added
Summit Trail Advisors, LLC38,372$2.29M0.03%+24,991+186.8%Added
Teachers Retirement System of the State of Kentucky37,980$2.27M0.02%00.0%Unchanged
Commonwealth Equity Services, LLC37,815$2.26M0.00%−9,061−19.3%Reduced
Arizona State Retirement System37,512$2.24M0.01%+378+1.0%Added
Wedge Capital Management L L P37,199$2.22M0.04%+2,952+8.6%Added
Wiley Bros.-Aintree Capital, LLC37,007$2.21M0.01%−31,901−46.3%Reduced
Kennedy Capital Management, Inc.36,855$2.20M0.05%+8,353+29.3%Added
Bank of Montreal36,138$2.16M0.00%−1,050−2.8%Reduced
Coldstream Capital Management Inc35,448$2.12M0.03%+1,190+3.5%Added
Kesler, Norman & Wride, LLC33,906$2.11M0.41%+355+1.1%Added
Ossiam34,996$2.09M0.03%+34,996New
Country Club Bank34,810$2.07M0.12%−1,767−4.8%Reduced
Louisiana State Employees Retirement System34,500$2.06M0.03%+300+0.9%Added
State of New Jersey Common Pension Fund D34,413$2.06M0.01%−2,838−7.6%Reduced
M&T Bank Corp34,340$2.05M0.01%−8,007−18.9%Reduced
Jane Street Group, LLC34,318$2.05M0.00%−94,120−73.3%Reduced
Colony Group, LLC33,624$1.99M0.00%+12,336+57.9%Added
Steward Partners Investment Advisory, LLC32,836$1.96M0.01%−358−1.1%Reduced
Baird Financial Group, Inc.32,658$1.95M0.00%+303+0.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)32,254$1.93M0.00%+891+2.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys31,849$1.90M0.01%+653+2.1%Added
Captrust Financial Advisors31,524$1.88M0.00%+747+2.4%Added
Handelsbanken Fonder AB30,558$1.83M0.01%+4,000+15.1%Added
Cambridge Investment Research Advisors, Inc.30,365$1.81M0.00%−4,692−13.4%Reduced
Quest Partners LLC30,319$1.81M0.12%−42,316−58.3%Reduced
Meyer Handelman Co30,149$1.80M0.06%−1,150−3.7%Reduced
Mountain Pacific Investment Advisers Inc30,024$1.79M0.28%−144−0.5%Reduced
Campbell & CO Investment Adviser LLC29,684$1.77M0.13%−33,761−53.2%Reduced
State of Michigan Retirement System29,574$1.77M0.01%+400+1.4%Added
United Advisor Group, LLC29,480$1.76M0.24%−553−1.8%Reduced
Northwestern Mutual Investment Management Company, LLC27,661$1.65M0.02%+551+2.0%Added
Sanctuary Advisors, LLC26,874$1.61M0.01%+1,399+5.5%Added
KLP Kapitalforvaltning AS26,415$1.58M0.01%−300−1.1%Reduced
Mercer Global Advisors Inc25,965$1.55M0.00%−934−3.5%Reduced
Nicholson Wealth Management Group, LLC25,736$1.54M0.90%+4,810+23.0%Added
New Mexico Educational Retirement Board25,652$1.53M0.05%00.0%Unchanged
Peregrine Asset Advisers, Inc.25,192$1.51M0.45%00.0%Unchanged
Oregon Public Employees Retirement Fund25,004$1.49M0.02%+200+0.8%Added
Abn Amro Investment Solutions24,903$1.49M0.03%−32,112−56.3%Reduced
Virginia Retirement Systems Et Al24,600$1.47M0.01%−18,500−42.9%Reduced
Occudo Quantitative Strategies LP24,373$1.46M0.18%+24,373New
Boxwood Ventures, Inc.23,775$1.42M1.58%00.0%Unchanged
Russell Investments Group, Ltd.23,340$1.39M0.00%+8,230+54.5%Added
Illinois Municipal Retirement Fund23,169$1.38M0.02%+831+3.7%Added
Voleon Capital Management LP22,756$1.36M0.03%+22,756New
Wealth Enhancement Advisory Services, LLC22,289$1.31M0.00%+5,485+32.6%Added
Pacer Advisors, Inc.21,983$1.31M0.00%+17,874+435.0%Added
Natixis Advisors, L.P.21,713$1.30M0.00%−3,142−12.6%Reduced
O'Shaughnessy Asset Management, LLC20,870$1.25M0.01%−2,388−10.3%Reduced
PFW Advisors LLC20,720$1.24M0.37%−49−0.2%Reduced
Vaughan David Investments LLC20,697$1.24M0.03%−151−0.7%Reduced
Pinebridge Investments, L.P.19,733$1.18M0.01%+6,024+43.9%Added
Marshall Financial Group LLC19,651$1.17M0.23%+727+3.8%Added
WCG Wealth Advisors LLC19,401$1.16M0.07%+80.0%Added
VestGen Advisors, LLC19,140$1.14M0.04%+1,419+8.0%Added
Acadian Asset Management LLC18,320$1.09M0.00%+18,320New
Capital Fund Management S.A.18,123$1.08M0.01%+18,123New
Kovitz Investment Group Partners, LLC18,056$1.08M0.00%−31−0.2%Reduced
Kestra Private Wealth Services, LLC17,803$1.06M0.01%−396−2.2%Reduced
SRS Capital Advisors, Inc.17,023$1.02M0.01%+16,856+10,093.4%Added