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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
Elevated Capital Advisors, LLC1,172$61.3K0.01%+1,172New
Fifth Third Bancorp1,208$63.2K0.00%+117+10.7%Added
Bitterroot Capital Advisors LLC1,338$70.0K0.05%+1,338New
Torren Management, LLC1,386$72.6K0.04%+1,386New
GAMMA Investing LLC1,444$75.6K0.00%−377−20.7%Reduced
Private Wealth Asset Management, LLC1,496$78.3K0.01%+71+5.0%Added
Covestor Ltd1,542$81.0K0.04%+152+10.9%Added
Parallel Advisors, LLC1,595$83.5K0.00%+163+11.4%Added
MCF Advisors LLC1,623$84.9K0.00%+77+5.0%Added
CoreFirst Bank & Trust1,691$88.5K0.05%+1,691New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,796$94.0K0.00%+548+43.9%Added
Signaturefd, LLC1,970$103.1K0.00%−52−2.6%Reduced
Northwestern Mutual Wealth Management Co1,980$103.6K0.00%−1,597−44.6%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,985$103.9K0.00%+1,985New
Parkside Financial Bank & Trust1,998$104.6K0.01%−532−21.0%Reduced
Brown Brothers Harriman & Co2,592$135.7K0.00%+123+5.0%Added
Tower Research Capital LLC (TRC)2,619$137.1K0.00%−529−16.8%Reduced
Bayforest Capital Ltd2,756$144.2K0.11%−5,989−68.5%Reduced
Kestra Advisory Services, LLC2,924$153.0K0.00%+2,924New
STRS Ohio3,100$162.3K0.00%+153+5.2%Added
Rowland & Co Investment Counsel3,172$166.0K0.03%+150+5.0%Added
Global Retirement Partners, LLC3,301$172.8K0.00%+1,616+95.9%Added
Hantz Financial Services, Inc.3,754$196.0K0.00%+1,908+103.4%Added
KBC Group NV3,811$199.0K0.00%+181+5.0%Added
Carlson Financial, Inc.3,857$201.9K0.12%+3,857New
Merit Financial Group, LLC3,859$202.0K0.00%−1,645−29.9%Reduced
Forum Financial Management, LP3,903$204.3K0.00%−414−9.6%Reduced
Sound Stewardship, LLC3,919$205.1K0.10%−483−11.0%Reduced
Apriem Advisors4,018$210.3K0.02%+191+5.0%Added
Vident Advisory, LLC4,116$215.5K0.00%−1,239−23.1%Reduced
Maxele Advisors, LLC4,122$215.7K0.18%+134+3.4%Added
Gibraltar Capital Management, Inc.4,208$220.2K0.04%−1,899−31.1%Reduced
Fifth Third Wealth Advisors LLC4,212$220.5K0.01%+151+3.7%Added
PharVision Advisers, LLC4,214$220.6K0.11%+4,214New
Guggenheim Capital LLC4,321$226.2K0.00%−212−4.7%Reduced
Missouri Trust & Investment Co4,328$226.5K0.07%−321−6.9%Reduced
Western Wealth Management, LLC4,350$227.7K0.01%+226+5.5%Added
Frank, Rimerman Advisors LLC4,425$231.6K0.01%+523+13.4%Added
MML Investors Services, LLC4,440$232.4K0.00%−1,225−21.6%Reduced
Hancock Whitney Corp4,490$235.0K0.00%+212+5.0%Added
Elser Financial Planning, Inc4,531$237.2K0.17%+215+5.0%Added
Centerpoint Advisory Group4,534$237.3K0.18%+215+5.0%Added
North Dakota State Investment Board4,566$239.0K0.01%+4,566New
Shelton Capital Management4,592$240.3K0.00%+219+5.0%Added
Heartland Bank & Trust Co4,595$240.5K0.10%+192+4.4%Added
Capital Advisors Inc4,639$242.8K0.00%+180+4.0%Added
CIBC Asset Management Inc4,643$243.0K0.00%+219+5.0%Added
denkapparat Operations GmbH4,682$245.1K0.13%+4,682New
Trust Point Inc.4,689$245.4K0.02%+1,010+27.5%Added
Snowden Capital Advisors LLC4,704$246.2K0.01%−1,087−18.8%Reduced
Tiaa Trust, National Association4,712$246.6K0.00%−82−1.7%Reduced
Citizens Financial Group Inc4,728$247.5K0.00%+275+6.2%Added
Profund Advisors LLC4,896$256.2K0.01%+214+4.6%Added
AlphaGrep UK Ltd4,954$259.3K0.09%+4,954New
Bullock Wealth Management Group4,965$259.8K0.13%+52+1.1%Added
Warburton Capital Management, LLC5,204$272.0K0.15%+266+5.4%Added
Skopos Labs, Inc.5,166$272.1K0.01%+5,166New
Atria Investments LLC5,236$274.0K0.00%−8,757−62.6%Reduced
RMB Capital Management, LLC5,244$274.5K0.00%+333+6.8%Added
Krilogy Financial LLC5,368$283.3K0.01%+905+20.3%Added
Jain Global LLC5,490$287.3K0.00%−72,768−93.0%Reduced
Evolve Private Wealth, LLC5,502$288.0K0.02%+5,502New
Kavar Capital Partners Group, LLC5,545$290.2K0.04%+1,329+31.5%Added
Evergreen Capital Management LLC5,551$290.5K0.01%+450+8.8%Added
Strategy Asset Managers LLC5,659$296.2K0.05%+29+0.5%Added
Armistice Capital, LLC5,707$298.7K0.01%+675+13.4%Added
Smith Shellnut Wilson LLC5,743$300.6K0.12%+271+5.0%Added
HB Wealth Management, LLC5,795$303.4K0.00%+771+15.3%Added
Ensign Peak Advisors, Inc5,875$307.5K0.00%−10,030−63.1%Reduced
Outlook Wealth Advisors, LLC5,934$310.6K0.07%+214+3.7%Added
Jump Financial, LLC6,000$314.0K0.00%+6,000New
Swiss Life Asset Management Ltd6,039$316.1K0.00%+286+5.0%Added
Maryland State Retirement & Pension System6,052$316.8K0.01%+288+5.0%Added
First Bank & Trust6,204$324.7K0.05%+295+5.0%Added
SRS Capital Advisors, Inc.6,548$342.7K0.01%−10,475−61.5%Reduced
Chicago Partners Investment Group LLC6,472$344.4K0.01%−361−5.3%Reduced
Morton Community Bank6,619$348.4K0.08%+315+5.0%Added
CIBC Private Wealth Group, LLC6,808$356.3K0.00%−235−3.3%Reduced
Truist Financial Corp6,815$356.6K0.00%−5,415−44.3%Reduced
Farther Finance Advisors, LLC6,824$357.2K0.00%+326+5.0%Added
Duncker Streett & Co Inc6,869$359.5K0.06%+333+5.1%Added
Utah Retirement Systems6,925$362.4K0.00%+330+5.0%Added
Wealth Alliance Advisory Group, LLC6,994$366.1K0.06%+333+5.0%Added
Thomas Story & Son LLC7,144$373.9K0.14%+264+3.8%Added
Isthmus Partners, LLC7,318$383.0K0.04%+7,318New
State of Wisconsin Investment Board7,450$389.9K0.00%−4,510−37.7%Reduced
Claris Advisors, LLC7,525$393.9K0.12%+357+5.0%Added
Sterling Capital Management LLC7,656$400.7K0.01%+36+0.5%Added
Stephens Inc7,500$408.0K0.01%+65+0.9%Added
Advisors Capital Management, LLC8,012$419.3K0.00%+381+5.0%Added
Caliber Wealth Management, LLC8,065$422.1K0.05%+383+5.0%Added
Alps Advisors Inc8,110$424.5K0.00%+470+6.2%Added
Crossmark Global Holdings, Inc.8,189$428.6K0.01%−76−0.9%Reduced
Buckingham Strategic Partners8,654$452.9K0.01%+79+0.9%Added
Daiwa Securities Group Inc.8,710$456.0K0.00%+677+8.4%Added
Prudential Financial Inc8,717$456.2K0.00%−4,437−33.7%Reduced
Laurion Capital Management LP8,832$462.3K0.03%+420+5.0%Added
Thurston, Springer, Miller, Herd & Titak, Inc.9,081$475.2K0.17%+5,434+149.0%Added
Beck Mack & Oliver LLC9,135$478.1K0.01%+435+5.0%Added
Voleon Capital Management LP9,233$483.3K0.01%−13,523−59.4%Reduced