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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, Q4 2025

Institutional positions in Commerce Bancshares Inc as of Dec 31, 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
458
−7 vs. Q3 2025
Shares held
99.4M
+5.28M (+5.6%) vs. Q3 2025
Total value
$5.21B
−$417.3M (−7.4%) vs. Q3 2025
New holders
57
269 more added
Sold out
64
120 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 458 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 heldQ4 2025: $5.21B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Commerce Bancshares Inc; share changes are against Q3 2025.

Institutions holding CBSH in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc14,690,039$768.9M0.01%+1,098,142+8.1%Added
BlackRock, Inc.12,208,923$639.0M0.01%+397,351+3.4%Added
State Street Corp7,318,898$383.1M0.01%+566,853+8.4%Added
Commerce Bank5,660,823$296.3M1.64%+369,636+7.0%Added
American Century Companies Inc4,736,884$247.9M0.12%+764,000+19.2%Added
Dimensional Fund Advisors LP3,049,064$159.6M0.03%+406,063+15.4%Added
Geode Capital Management, LLC2,780,678$147.1M0.01%+174,863+6.7%Added
Morgan Stanley2,440,069$127.7M0.01%−696,689−22.2%Reduced
First Trust Advisors LP2,352,406$123.1M0.09%+640,928+37.4%Added
Wells Fargo & Company2,104,012$110.1M0.02%+86,009+4.3%Added
Boston Trust Walden Corp2,084,628$109.1M0.82%+181,266+9.5%Added
JPMorgan Chase & Co1,717,144$89.9M0.01%+105,536+6.5%Added
Norges Bank1,629,393$85.3M0.01%+1,629,393New
AQR Capital Management LLC1,274,803$66.7M0.04%+29,735+2.4%Added
UBS Group AG1,212,291$63.5M0.01%+18,219+1.5%Added
Northern Trust Corp1,156,487$60.5M0.01%−43,535−3.6%Reduced
Victory Capital Management Inc1,145,683$60.0M0.03%+1,070,980+1,433.7%Added
Champlain Investment Partners, LLC1,123,994$58.8M0.60%+1,123,994New
Charles Schwab Investment Management Inc1,057,125$55.3M0.01%+51,970+5.2%Added
Renaissance Technologies LLC1,037,726$54.3M0.08%+39,540+4.0%Added
Citadel Advisors LLC1,028,784$53.8M0.04%+516,668+100.9%Added
Cooke & Bieler LP995,394$52.1M0.54%+58,530+6.2%Added
Bank of New York Mellon Corp972,868$50.9M0.01%−33,207−3.3%Reduced
Millennium Management LLC910,950$47.7M0.03%−402,503−30.6%Reduced
Arrowstreet Capital, Limited Partnership854,034$44.7M0.03%+181,667+27.0%Added
Goldman Sachs Group Inc850,683$44.5M0.01%+23,619+2.9%Added
NFJ Investment Group, LLC809,553$42.4M1.53%+15,071+1.9%Added
Two Sigma Investments, LP778,923$40.8M0.06%+432,935+125.1%Added
Tudor Investment Corp Et Al720,493$37.7M0.21%+218,634+43.6%Added
Voloridge Investment Management, LLC679,329$35.6M0.12%+232,016+51.9%Added
ProShare Advisors LLC648,010$33.9M0.06%+80,997+14.3%Added
D. E. Shaw & Co., Inc.640,274$33.5M0.03%+400,199+166.7%Added
Bank of America Corp633,341$33.1M0.00%−764,011−54.7%Reduced
Verition Fund Management LLC631,981$33.1M0.18%+179,894+39.8%Added
Two Sigma Advisers, LP595,249$31.2M0.06%+350,554+143.3%Added
Mutual Advisors, LLC492,663$25.8M0.55%+23,874+5.1%Added
Arbejdsmarkedets Tillaegspension446,601$23.4M0.60%+446,601New
UBS Asset Management Americas Inc411,022$21.5M0.00%+2,975+0.7%Added
Invesco Ltd.404,232$21.2M0.00%+43,608+12.1%Added
Ameriprise Financial Inc391,542$20.5M0.00%−40,906−9.5%Reduced
Speece Thorson Capital Group Inc357,936$18.7M4.06%+124,671+53.4%Added
Rhumbline Advisers357,008$18.7M0.02%+14,032+4.1%Added
Lazard Asset Management LLC341,490$17.9M0.03%−203,786−37.4%Reduced
Fisher Asset Management, LLC322,335$16.9M0.01%+70,531+28.0%Added
Creative Planning293,122$15.3M0.01%+27,691+10.4%Added
Nuveen, LLC291,883$15.3M0.00%+108,899+59.5%Added
Principal Financial Group Inc278,174$14.6M0.01%+2,505+0.9%Added
Swiss National Bank262,436$13.7M0.01%+16,697+6.8%Added
Alliancebernstein L.P.261,346$13.7M0.00%+104,941+67.1%Added
HSBC Holdings PLC245,229$12.9M0.01%+171,159+231.1%Added
Umb Bank N A240,295$12.6M0.17%+10,532+4.6%Added
The PNC Financial Services Group, Inc.232,531$12.2M0.01%−1,681−0.7%Reduced
California Public Employees Retirement System230,443$12.1M0.01%+11,163+5.1%Added
Janney Montgomery Scott LLC216,095$11.3M0.03%+42,360+24.4%Added
Voya Investment Management LLC212,480$11.1M0.01%+17,838+9.2%Added
Barclays PLC204,694$10.7M0.00%+68,876+50.7%Added
Legal & General Group Plc200,542$10.5M0.00%−18,765−8.6%Reduced
Quantinno Capital Management LP192,779$10.1M0.02%+41,770+27.7%Added
Qube Research & Technologies Ltd182,652$9.56M0.01%−522,731−74.1%Reduced
Schonfeld Strategic Advisors LLC175,582$9.19M0.05%+32,123+22.4%Added
Numerai GP LLC164,457$8.61M1.04%+52,613+47.0%Added
Citigroup Inc163,430$8.55M0.01%+37,252+29.5%Added
SEI Investments Co161,912$8.47M0.01%−271,748−62.7%Reduced
Mattern Capital Management, LLC161,306$8.44M1.00%+20,277+14.4%Added
Rafferty Asset Management, LLC157,520$8.24M0.03%+15,375+10.8%Added
Retirement Systems of Alabama155,183$8.12M0.03%+5,141+3.4%Added
State Board of Administration of Florida Retirement System150,464$7.88M0.01%+1,804+1.2%Added
Quantbot Technologies LP149,428$7.82M0.26%+87,199+140.1%Added
Raymond James Financial Inc148,319$7.76M0.00%+5,097+3.6%Added
Midwest Trust Co145,842$7.63M0.10%−3,613−2.4%Reduced
Waterfront Wealth Inc.140,290$7.43M1.41%+5,196+3.8%Added
New York State Teachers Retirement System138,196$7.23M0.01%+6,580+5.0%Added
Moneta Group Investment Advisors LLC136,802$7.16M0.05%+5,341+4.1%Added
California State Teachers Retirement System125,377$6.56M0.01%+5,842+4.9%Added
US Bancorp120,410$6.30M0.01%+6,362+5.6%Added
Engineers Gate Manager LP114,942$6.02M0.07%+44,274+62.7%Added
Deutsche Bank AG114,055$5.97M0.00%+102,147+857.8%Added
Mariner, LLC110,202$5.77M0.01%+4,144+3.9%Added
Price T Rowe Associates Inc105,206$5.51M0.00%+12,921+14.0%Added
Holocene Advisors, LP103,306$5.41M0.01%−21,806−17.4%Reduced
CBOE Vest Financial, LLC102,751$5.38M0.07%+40,597+65.3%Added
LPL Financial LLC101,757$5.33M0.00%−5,487−5.1%Reduced
Oppenheimer & Co Inc100,554$5.26M0.07%+4,497+4.7%Added
Royal Bank of Canada99,654$5.22M0.00%−355,169−78.1%Reduced
Van Eck Associates Corp98,798$5.17M0.00%+5,534+5.9%Added
Stifel Financial Corp98,737$5.17M0.00%−12,348−11.1%Reduced
Manufacturers Life Insurance Company, The96,818$5.07M0.00%+2,229+2.4%Added
MTM Investment Management, LLC87,961$4.60M1.47%+18,330+26.3%Added
Amundi87,518$4.58M0.00%+43,721+99.8%Added
Los Angeles Capital Management LLC87,512$4.58M0.02%−329,393−79.0%Reduced
Twinbeech Capital LP86,470$4.53M0.32%+86,470New
Clark & Stuart, Inc85,741$4.49M3.09%+1,441+1.7%Added
Franklin Resources Inc84,153$4.40M0.00%+13,552+19.2%Added
Man Group plc82,763$4.33M0.01%−11,465−12.2%Reduced
Stonebridge Financial Group, LLC79,426$4.16M0.36%+7,102+9.8%Added
Colony Group, LLC77,262$4.04M0.00%+43,638+129.8%Added
Connor, Clark & Lunn Investment Management Ltd.76,573$4.01M0.01%+76,573New
SG Americas Securities, LLC75,944$3.98M0.01%+71,831+1,746.4%Added
Great West Life Assurance Co75,576$3.96M0.01%−8,795−10.4%Reduced
Campbell & CO Investment Adviser LLC75,025$3.93M0.19%+45,341+152.7%Added