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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 510 | $6.30B |
| Q1 2026 | 476 | $5.12B |
| Q4 2025 | 458 | $5.21B |
| Q3 2025 | 474 | $5.64B |
| Q2 2025 | 490 | $5.91B |
| Q1 2025 | 465 | $5.90B |
| Q4 2024 | 469 | $5.92B |
| Q3 2024 | 445 | $5.35B |
| Q2 2024 | 396 | $5.08B |
| Q1 2024 | 383 | $4.82B |
| Q4 2023 | 395 | $4.88B |
| Q3 2023 | 384 | $4.17B |
| Q2 2023 | 395 | $4.30B |
| Q1 2023 | 412 | $5.04B |
| Q4 2022 | 426 | $5.84B |
| Q3 2022 | 398 | $5.39B |
| Q2 2022 | 397 | $5.45B |
| Q1 2022 | 383 | $5.98B |
| Q4 2021 | 398 | $5.66B |
| Q3 2021 | 385 | $5.44B |
| Q2 2021 | 393 | $5.84B |
| Q1 2021 | 386 | $6.01B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Commerce Bancshares Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Steward Partners Investment Advisory, LLC | 32,901 | $1.72M | 0.01% | +65+0.2% | Added |
| Cambridge Investment Research Advisors, Inc. | 33,381 | $1.75M | 0.00% | +3,016+9.9% | Added |
| Mercer Global Advisors Inc | 34,143 | $1.79M | 0.00% | +8,178+31.5% | Added |
| Nicholson Wealth Management Group, LLC | 34,252 | $1.79M | 1.05% | +8,516+33.1% | Added |
| Baird Financial Group, Inc. | 34,598 | $1.81M | 0.00% | +1,940+5.9% | Added |
| Wiley Bros.-Aintree Capital, LLC | 35,358 | $1.85M | 0.01% | −1,649−4.5% | Reduced |
| Louisiana State Employees Retirement System | 35,800 | $1.87M | 0.03% | +1,300+3.8% | Added |
| Commonwealth Equity Services, LLC | 36,277 | $1.90M | 0.00% | −1,538−4.1% | Reduced |
| Coldstream Capital Management Inc | 36,373 | $1.90M | 0.02% | +925+2.6% | Added |
| Arizona State Retirement System | 37,017 | $1.94M | 0.01% | −495−1.3% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 37,104 | $1.94M | 0.00% | +4,850+15.0% | Added |
| Teachers Retirement System of the State of Kentucky | 39,878 | $2.09M | 0.02% | +1,898+5.0% | Added |
| Public Employees Retirement System of Ohio | 40,207 | $2.10M | 0.01% | +607+1.5% | Added |
| Yousif Capital Management, LLC | 39,928 | $2.14M | 0.02% | +1,045+2.7% | Added |
| Aristotle Capital Management, LLC | 41,351 | $2.16M | 0.00% | −3,476,573−98.8% | Reduced |
| Summit Trail Advisors, LLC | 41,388 | $2.17M | 0.04% | +3,016+7.9% | Added |
| Ameritas Investment Partners, Inc. | 41,867 | $2.19M | 0.07% | −226−0.5% | Reduced |
| Paragon Capital Management LLC | 42,757 | $2.24M | 1.13% | +2,309+5.7% | Added |
| Thrivent Financial for Lutherans | 42,758 | $2.24M | 0.00% | +1,250+3.0% | Added |
| Trust Co | 42,987 | $2.25M | 0.21% | +40,489+1,620.9% | Added |
| Bank of Montreal | 43,191 | $2.26M | 0.00% | +7,053+19.5% | Added |
| State of New Jersey Common Pension Fund D | 43,467 | $2.28M | 0.01% | +9,054+26.3% | Added |
| Handelsbanken Fonder AB | 43,585 | $2.28M | 0.01% | +13,027+42.6% | Added |
| Teacher Retirement System of Texas | 44,063 | $2.31M | 0.01% | −8,713−16.5% | Reduced |
| Advisor Group Holdings, Inc. | 44,099 | $2.31M | 0.00% | −5,443−11.0% | Reduced |
| Wedge Capital Management L L P | 44,627 | $2.34M | 0.04% | +7,428+20.0% | Added |
| Central Trust Co | 44,860 | $2.35M | 0.05% | −3,317−6.9% | Reduced |
| Dark Forest Capital Management LP | 44,971 | $2.35M | 0.11% | +38,494+594.3% | Added |
| Concurrent Investment Advisors, LLC | 45,810 | $2.40M | 0.03% | −105−0.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 46,553 | $2.44M | 0.05% | +32,991+243.3% | Added |
| Comerica Bank | 47,694 | $2.50M | 0.01% | −4,001−7.7% | Reduced |
| Waterford Advisors, LLC | 44,863 | $2.58M | 1.01% | +44,863 | New |
| Toroso Investments, LLC | 49,956 | $2.61M | 0.01% | +5,765+13.0% | Added |
| Jane Street Group, LLC | 50,624 | $2.65M | 0.00% | +16,306+47.5% | Added |
| State of Tennessee, Treasury Department | 50,461 | $2.66M | 0.01% | +344+0.7% | Added |
| Summit Financial, LLC | 51,795 | $2.71M | 0.04% | −7,033−12.0% | Reduced |
| New York State Common Retirement Fund | 52,340 | $2.74M | 0.00% | +2,492+5.0% | Added |
| Mutual of America Capital Management LLC | 53,813 | $2.82M | 0.03% | −3,499−6.1% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 54,158 | $2.83M | 0.02% | −239−0.4% | Reduced |
| Treasurer of the State of North Carolina | 54,217 | $2.84M | 0.01% | −1,197−2.2% | Reduced |
| Plancorp, LLC | 54,557 | $2.86M | 0.09% | +2,586+5.0% | Added |
| Occudo Quantitative Strategies LP | 56,833 | $2.97M | 0.20% | +32,460+133.2% | Added |
| Janus Henderson Group PLC | 56,942 | $2.98M | 0.00% | +2,711+5.0% | Added |
| Capital Fund Management S.A. | 57,108 | $2.99M | 0.03% | +38,985+215.1% | Added |
| Amalgamated Bank | 57,129 | $2.99M | 0.02% | +516+0.9% | Added |
| Hilton Capital Management, LLC | 59,705 | $3.12M | 0.24% | +8,210+15.9% | Added |
| Cetera Investment Advisers | 61,598 | $3.22M | 0.00% | −1,415−2.2% | Reduced |
| FMR LLC | 62,378 | $3.26M | 0.00% | −85,797−57.9% | Reduced |
| Entropy Technologies, LP | 62,809 | $3.29M | 0.18% | +9,563+18.0% | Added |
| MetLife Investment Management | 63,181 | $3.31M | 0.02% | −588−0.9% | Reduced |
| Edgestream Partners, L.P. | 63,724 | $3.34M | 0.09% | −14,310−18.3% | Reduced |
| BNP Paribas Arbitrage, SA | 65,541 | $3.43M | 0.00% | +26,904+69.6% | Added |
| Brandywine Global Investment Management, LLC | 66,755 | $3.49M | 0.02% | +1,820+2.8% | Added |
| Cerity Partners LLC | 67,052 | $3.51M | 0.01% | −45,540−40.4% | Reduced |
| Atwood & Palmer Inc | 72,279 | $3.78M | 0.21% | +1,725+2.4% | Added |
| Envestnet Asset Management Inc | 72,738 | $3.81M | 0.00% | −138,102−65.5% | Reduced |
| Acadian Asset Management LLC | 72,973 | $3.82M | 0.01% | +54,653+298.3% | Added |
| XTX Topco Ltd | 74,416 | $3.89M | 0.10% | +69,206+1,328.3% | Added |
| Campbell & CO Investment Adviser LLC | 75,025 | $3.93M | 0.19% | +45,341+152.7% | Added |
| Great West Life Assurance Co | 75,576 | $3.96M | 0.01% | −8,795−10.4% | Reduced |
| SG Americas Securities, LLC | 75,944 | $3.98M | 0.01% | +71,831+1,746.4% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 76,573 | $4.01M | 0.01% | +76,573 | New |
| Colony Group, LLC | 77,262 | $4.04M | 0.00% | +43,638+129.8% | Added |
| Stonebridge Financial Group, LLC | 79,426 | $4.16M | 0.36% | +7,102+9.8% | Added |
| Man Group plc | 82,763 | $4.33M | 0.01% | −11,465−12.2% | Reduced |
| Franklin Resources Inc | 84,153 | $4.40M | 0.00% | +13,552+19.2% | Added |
| Clark & Stuart, Inc | 85,741 | $4.49M | 3.09% | +1,441+1.7% | Added |
| Twinbeech Capital LP | 86,470 | $4.53M | 0.32% | +86,470 | New |
| Los Angeles Capital Management LLC | 87,512 | $4.58M | 0.02% | −329,393−79.0% | Reduced |
| Amundi | 87,518 | $4.58M | 0.00% | +43,721+99.8% | Added |
| MTM Investment Management, LLC | 87,961 | $4.60M | 1.47% | +18,330+26.3% | Added |
| Manufacturers Life Insurance Company, The | 96,818 | $5.07M | 0.00% | +2,229+2.4% | Added |
| Stifel Financial Corp | 98,737 | $5.17M | 0.00% | −12,348−11.1% | Reduced |
| Van Eck Associates Corp | 98,798 | $5.17M | 0.00% | +5,534+5.9% | Added |
| Royal Bank of Canada | 99,654 | $5.22M | 0.00% | −355,169−78.1% | Reduced |
| Oppenheimer & Co Inc | 100,554 | $5.26M | 0.07% | +4,497+4.7% | Added |
| LPL Financial LLC | 101,757 | $5.33M | 0.00% | −5,487−5.1% | Reduced |
| CBOE Vest Financial, LLC | 102,751 | $5.38M | 0.07% | +40,597+65.3% | Added |
| Holocene Advisors, LP | 103,306 | $5.41M | 0.01% | −21,806−17.4% | Reduced |
| Price T Rowe Associates Inc | 105,206 | $5.51M | 0.00% | +12,921+14.0% | Added |
| Mariner, LLC | 110,202 | $5.77M | 0.01% | +4,144+3.9% | Added |
| Deutsche Bank AG | 114,055 | $5.97M | 0.00% | +102,147+857.8% | Added |
| Engineers Gate Manager LP | 114,942 | $6.02M | 0.07% | +44,274+62.7% | Added |
| US Bancorp | 120,410 | $6.30M | 0.01% | +6,362+5.6% | Added |
| California State Teachers Retirement System | 125,377 | $6.56M | 0.01% | +5,842+4.9% | Added |
| Moneta Group Investment Advisors LLC | 136,802 | $7.16M | 0.05% | +5,341+4.1% | Added |
| New York State Teachers Retirement System | 138,196 | $7.23M | 0.01% | +6,580+5.0% | Added |
| Waterfront Wealth Inc. | 140,290 | $7.43M | 1.41% | +5,196+3.8% | Added |
| Midwest Trust Co | 145,842 | $7.63M | 0.10% | −3,613−2.4% | Reduced |
| Raymond James Financial Inc | 148,319 | $7.76M | 0.00% | +5,097+3.6% | Added |
| Quantbot Technologies LP | 149,428 | $7.82M | 0.26% | +87,199+140.1% | Added |
| State Board of Administration of Florida Retirement System | 150,464 | $7.88M | 0.01% | +1,804+1.2% | Added |
| Retirement Systems of Alabama | 155,183 | $8.12M | 0.03% | +5,141+3.4% | Added |
| Rafferty Asset Management, LLC | 157,520 | $8.24M | 0.03% | +15,375+10.8% | Added |
| Mattern Capital Management, LLC | 161,306 | $8.44M | 1.00% | +20,277+14.4% | Added |
| SEI Investments Co | 161,912 | $8.47M | 0.01% | −271,748−62.7% | Reduced |
| Citigroup Inc | 163,430 | $8.55M | 0.01% | +37,252+29.5% | Added |
| Numerai GP LLC | 164,457 | $8.61M | 1.04% | +52,613+47.0% | Added |
| Schonfeld Strategic Advisors LLC | 175,582 | $9.19M | 0.05% | +32,123+22.4% | Added |
| Qube Research & Technologies Ltd | 182,652 | $9.56M | 0.01% | −522,731−74.1% | Reduced |