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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
Securian Asset Management, Inc9,422$493.2K0.02%+150+1.6%Added
Cauble & Harre Wealth Management, Inc.9,472$495.8K0.42%+9,472New
VestGen Advisors, LLC9,577$501.3K0.02%−9,563−50.0%Reduced
Quadrant Capital Group LLC9,686$507.0K0.02%+282+3.0%Added
Nisa Investment Advisors, LLC9,896$517.9K0.00%+463+4.9%Added
Sequoia Financial Advisors, LLC9,939$520.2K0.00%+6,420+182.4%Added
Cushing Capital Partners, LLC10,011$524.0K0.39%−3,036−23.3%Reduced
Cresset Asset Management, LLC10,017$524.3K0.00%+410+4.3%Added
Aigen Investment Management, LP10,053$526.2K0.12%+10,053New
Crawford Investment Counsel Inc10,151$531.3K0.01%+483+5.0%Added
ICW Investment Advisors LLC10,193$533.5K0.19%+10.0%Added
Fulton Bank, N.A.10,228$535.3K0.02%+848+9.0%Added
Federated Hermes, Inc.10,398$544.2K0.00%−688−6.2%Reduced
M&T Bank Corp10,584$554.0K0.00%−23,756−69.2%Reduced
Quest Partners LLC10,724$561.3K0.03%−19,595−64.6%Reduced
Private Advisor Group, LLC10,809$565.7K0.00%+97+0.9%Added
Syntegra Private Wealth Group, LLC10,840$567.4K0.05%+626+6.1%Added
Benjamin Edwards Inc10,985$575.0K0.01%+535+5.1%Added
Jag Capital Management, LLC11,046$578.2K0.06%+589+5.6%Added
GWM Advisors LLC11,153$583.8K0.00%−156−1.4%Reduced
Detalus Advisors, LLC11,353$594.2K0.14%+361+3.3%Added
Dakota Wealth Management11,575$605.8K0.01%+11,575New
Eukles Asset Management11,615$607.9K0.24%+787+7.3%Added
JustInvest LLC11,626$608.5K0.01%+1,042+9.8%Added
Orion Investment Co11,804$617.8K0.19%+562+5.0%Added
Xponance, Inc.11,956$625.8K0.00%−1,847−13.4%Reduced
EverSource Wealth Advisors, LLC12,012$628.7K0.02%+3,369+39.0%Added
Federation des caisses Desjardins du Quebec12,108$633.7K0.00%+3,636+42.9%Added
North Star Investment Management Corp.12,156$636.2K0.04%+586+5.1%Added
Lido Advisors, LLC10,743$641.2K0.00%−20.0%Reduced
Rockefeller Capital Management L.P.12,414$649.8K0.00%+4,846+64.0%Added
Ethic Inc.12,446$651.4K0.01%−77−0.6%Reduced
Illinois Municipal Retirement Fund12,449$651.6K0.01%−10,720−46.3%Reduced
Allworth Financial LP12,545$656.6K0.00%+437+3.6%Added
Schroder Investment Management Group12,488$659.6K0.00%−218,447−94.6%Reduced
State of Alaska, Department of Revenue12,887$674.0K0.01%−410−3.1%Reduced
Heritage Trust Co12,907$675.6K0.07%+611+5.0%Added
CI Private Wealth, LLC13,004$683.0K0.00%+97+0.8%Added
Public Employees Retirement Association of Colorado13,547$709.0K0.00%+645+5.0%Added
Oxford Asset Management LLP13,763$720.4K0.25%+13,763New
Inceptionr LLC13,843$724.5K0.20%+13,843New
Axxcess Wealth Management, LLC13,921$728.6K0.01%+727+5.5%Added
Mendon Capital Advisors Corp14,123$742.0K0.29%+14,123New
Integrated Wealth Concepts LLC14,268$746.8K0.01%−2,526−15.0%Reduced
Cornerstone Wealth Management, LLC14,425$755.0K0.04%+650+4.7%Added
Brevan Howard Capital Management LP14,428$755.2K0.01%+9,252+178.7%Added
O'Shaughnessy Asset Management, LLC14,448$756.2K0.00%−6,422−30.8%Reduced
Jones Financial Companies LLLP14,496$758.7K0.00%+1,059+7.9%Added
BKD Wealth Advisors, LLC14,608$764.6K0.01%+805+5.8%Added
Simmons Bank14,844$776.9K0.05%+614+4.3%Added
WCG Wealth Advisors LLC14,906$780.2K0.02%−4,495−23.2%Reduced
Meritage Portfolio Management15,065$788.5K0.05%−23,969−61.4%Reduced
Pacer Advisors, Inc.15,468$809.6K0.00%−6,515−29.6%Reduced
Apollon Wealth Management, LLC15,566$814.7K0.01%+717+4.8%Added
Regions Financial Corp16,111$843.2K0.01%+1,872+13.1%Added
Financial Advisory Service, Inc.16,112$843.3K0.05%+812+5.3%Added
Squarepoint Ops LLC16,197$847.8K0.00%+16,197New
Neuberger Berman Group LLC16,499$863.6K0.00%+3,547+27.4%Added
Glenmede Trust Co NA16,690$873.6K0.00%+16,690New
Diversified Trust Co16,778$878.2K0.02%+16,778New
MSH Capital Advisors LLC16,972$888.3K0.19%+807+5.0%Added
Balyasny Asset Management LLC17,386$910.0K0.00%+5,285+43.7%Added
Modern Wealth Management, LLC17,436$912.6K0.02%+701+4.2%Added
Kovitz Investment Group Partners, LLC17,850$934.3K0.02%−206−1.1%Reduced
Bessemer Group Inc17,881$937.0K0.00%+12,282+219.4%Added
Kestra Private Wealth Services, LLC18,127$948.8K0.01%+324+1.8%Added
Marshall Financial Group LLC19,374$1.01M0.20%−277−1.4%Reduced
DRW Securities, LLC19,444$1.02M0.08%+14,995+337.0%Added
Pictet Asset Management Holding SA19,729$1.03M0.00%+2,722+16.0%Added
Panagora Asset Management Inc20,399$1.07M0.00%−171,653−89.4%Reduced
CWM, LLC20,866$1.09M0.00%−113,028−84.4%Reduced
Diversify Advisory Services, LLC20,308$1.10M0.03%+4,229+26.3%Added
PFW Advisors LLC21,516$1.13M0.34%+796+3.8%Added
Vaughan David Investments LLC21,730$1.14M0.02%+1,033+5.0%Added
Novem Group21,865$1.14M0.13%+6,592+43.2%Added
Wealth Enhancement Advisory Services, LLC22,017$1.18M0.00%−272−1.2%Reduced
Natixis Advisors, L.P.23,039$1.21M0.00%+1,326+6.1%Added
Sanctuary Advisors, LLC23,546$1.23M0.01%−3,328−12.4%Reduced
Russell Investments Group, Ltd.24,332$1.27M0.00%+992+4.3%Added
Boxwood Ventures, Inc.24,963$1.31M1.32%+1,188+5.0%Added
Susquehanna International Group, LLP25,559$1.34M0.00%−25,831−50.3%Reduced
Oregon Public Employees Retirement Fund25,849$1.35M0.02%+845+3.4%Added
Peregrine Asset Advisers, Inc.26,451$1.38M0.39%+1,259+5.0%Added
New Mexico Educational Retirement Board26,935$1.41M0.04%+1,283+5.0%Added
KLP Kapitalforvaltning AS28,471$1.49M0.01%+2,056+7.8%Added
Atom Investors LP28,687$1.50M0.12%−18,461−39.2%Reduced
Northwestern Mutual Investment Management Company, LLC28,930$1.51M0.02%+1,269+4.6%Added
Kennedy Capital Management, Inc.29,638$1.55M0.03%−7,217−19.6%Reduced
Pathstone Holdings, LLC29,718$1.56M0.01%−8,954−23.2%Reduced
Jefferies Financial Group Inc.30,190$1.58M0.01%+15,145+100.7%Added
United Advisor Group, LLC30,491$1.60M0.20%+1,011+3.4%Added
State of Michigan Retirement System30,552$1.60M0.01%+978+3.3%Added
Weiss Asset Management LP30,690$1.61M0.02%+30,690New
Universal- Beteiligungs- und Servicegesellschaft mbH30,817$1.61M0.00%−15,779−33.9%Reduced
Mountain Pacific Investment Advisers Inc31,366$1.64M0.27%+1,342+4.5%Added
Meyer Handelman Co31,655$1.66M0.05%+1,506+5.0%Added
Captrust Financial Advisors31,782$1.66M0.00%+258+0.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys32,356$1.69M0.01%+507+1.6%Added
First National Bank of Omaha32,077$1.69M0.05%+32,077New
HighTower Advisors, LLC32,671$1.71M0.00%−15,564−32.3%Reduced