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 |
|---|---|---|---|---|---|
| XTX Topco Ltd | 74,416 | $3.89M | 0.10% | +69,206+1,328.3% | Added |
| Acadian Asset Management LLC | 72,973 | $3.82M | 0.01% | +54,653+298.3% | Added |
| Envestnet Asset Management Inc | 72,738 | $3.81M | 0.00% | −138,102−65.5% | Reduced |
| Atwood & Palmer Inc | 72,279 | $3.78M | 0.21% | +1,725+2.4% | Added |
| Cerity Partners LLC | 67,052 | $3.51M | 0.01% | −45,540−40.4% | Reduced |
| Brandywine Global Investment Management, LLC | 66,755 | $3.49M | 0.02% | +1,820+2.8% | Added |
| BNP Paribas Arbitrage, SA | 65,541 | $3.43M | 0.00% | +26,904+69.6% | Added |
| Edgestream Partners, L.P. | 63,724 | $3.34M | 0.09% | −14,310−18.3% | Reduced |
| MetLife Investment Management | 63,181 | $3.31M | 0.02% | −588−0.9% | Reduced |
| Entropy Technologies, LP | 62,809 | $3.29M | 0.18% | +9,563+18.0% | Added |
| FMR LLC | 62,378 | $3.26M | 0.00% | −85,797−57.9% | Reduced |
| Cetera Investment Advisers | 61,598 | $3.22M | 0.00% | −1,415−2.2% | Reduced |
| Hilton Capital Management, LLC | 59,705 | $3.12M | 0.24% | +8,210+15.9% | Added |
| Amalgamated Bank | 57,129 | $2.99M | 0.02% | +516+0.9% | Added |
| Capital Fund Management S.A. | 57,108 | $2.99M | 0.03% | +38,985+215.1% | Added |
| Janus Henderson Group PLC | 56,942 | $2.98M | 0.00% | +2,711+5.0% | Added |
| Occudo Quantitative Strategies LP | 56,833 | $2.97M | 0.20% | +32,460+133.2% | Added |
| Plancorp, LLC | 54,557 | $2.86M | 0.09% | +2,586+5.0% | Added |
| Treasurer of the State of North Carolina | 54,217 | $2.84M | 0.01% | −1,197−2.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 54,158 | $2.83M | 0.02% | −239−0.4% | Reduced |
| Mutual of America Capital Management LLC | 53,813 | $2.82M | 0.03% | −3,499−6.1% | Reduced |
| New York State Common Retirement Fund | 52,340 | $2.74M | 0.00% | +2,492+5.0% | Added |
| Summit Financial, LLC | 51,795 | $2.71M | 0.04% | −7,033−12.0% | Reduced |
| State of Tennessee, Treasury Department | 50,461 | $2.66M | 0.01% | +344+0.7% | Added |
| Jane Street Group, LLC | 50,624 | $2.65M | 0.00% | +16,306+47.5% | Added |
| Toroso Investments, LLC | 49,956 | $2.61M | 0.01% | +5,765+13.0% | Added |
| Waterford Advisors, LLC | 44,863 | $2.58M | 1.01% | +44,863 | New |
| Comerica Bank | 47,694 | $2.50M | 0.01% | −4,001−7.7% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 46,553 | $2.44M | 0.05% | +32,991+243.3% | Added |
| Concurrent Investment Advisors, LLC | 45,810 | $2.40M | 0.03% | −105−0.2% | Reduced |
| Dark Forest Capital Management LP | 44,971 | $2.35M | 0.11% | +38,494+594.3% | Added |
| Central Trust Co | 44,860 | $2.35M | 0.05% | −3,317−6.9% | Reduced |
| Wedge Capital Management L L P | 44,627 | $2.34M | 0.04% | +7,428+20.0% | Added |
| Advisor Group Holdings, Inc. | 44,099 | $2.31M | 0.00% | −5,443−11.0% | Reduced |
| Teacher Retirement System of Texas | 44,063 | $2.31M | 0.01% | −8,713−16.5% | Reduced |
| Handelsbanken Fonder AB | 43,585 | $2.28M | 0.01% | +13,027+42.6% | Added |
| State of New Jersey Common Pension Fund D | 43,467 | $2.28M | 0.01% | +9,054+26.3% | Added |
| Bank of Montreal | 43,191 | $2.26M | 0.00% | +7,053+19.5% | Added |
| Trust Co | 42,987 | $2.25M | 0.21% | +40,489+1,620.9% | Added |
| Thrivent Financial for Lutherans | 42,758 | $2.24M | 0.00% | +1,250+3.0% | Added |
| Paragon Capital Management LLC | 42,757 | $2.24M | 1.13% | +2,309+5.7% | Added |
| Ameritas Investment Partners, Inc. | 41,867 | $2.19M | 0.07% | −226−0.5% | Reduced |
| Summit Trail Advisors, LLC | 41,388 | $2.17M | 0.04% | +3,016+7.9% | Added |
| Aristotle Capital Management, LLC | 41,351 | $2.16M | 0.00% | −3,476,573−98.8% | Reduced |
| Yousif Capital Management, LLC | 39,928 | $2.14M | 0.02% | +1,045+2.7% | Added |
| Public Employees Retirement System of Ohio | 40,207 | $2.10M | 0.01% | +607+1.5% | Added |
| Teachers Retirement System of the State of Kentucky | 39,878 | $2.09M | 0.02% | +1,898+5.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 37,104 | $1.94M | 0.00% | +4,850+15.0% | Added |
| Arizona State Retirement System | 37,017 | $1.94M | 0.01% | −495−1.3% | Reduced |
| Coldstream Capital Management Inc | 36,373 | $1.90M | 0.02% | +925+2.6% | Added |
| Commonwealth Equity Services, LLC | 36,277 | $1.90M | 0.00% | −1,538−4.1% | Reduced |
| Louisiana State Employees Retirement System | 35,800 | $1.87M | 0.03% | +1,300+3.8% | Added |
| Wiley Bros.-Aintree Capital, LLC | 35,358 | $1.85M | 0.01% | −1,649−4.5% | Reduced |
| Baird Financial Group, Inc. | 34,598 | $1.81M | 0.00% | +1,940+5.9% | Added |
| Nicholson Wealth Management Group, LLC | 34,252 | $1.79M | 1.05% | +8,516+33.1% | Added |
| Mercer Global Advisors Inc | 34,143 | $1.79M | 0.00% | +8,178+31.5% | Added |
| Cambridge Investment Research Advisors, Inc. | 33,381 | $1.75M | 0.00% | +3,016+9.9% | Added |
| Steward Partners Investment Advisory, LLC | 32,901 | $1.72M | 0.01% | +65+0.2% | Added |
| HighTower Advisors, LLC | 32,671 | $1.71M | 0.00% | −15,564−32.3% | Reduced |
| First National Bank of Omaha | 32,077 | $1.69M | 0.05% | +32,077 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 32,356 | $1.69M | 0.01% | +507+1.6% | Added |
| Captrust Financial Advisors | 31,782 | $1.66M | 0.00% | +258+0.8% | Added |
| Meyer Handelman Co | 31,655 | $1.66M | 0.05% | +1,506+5.0% | Added |
| Mountain Pacific Investment Advisers Inc | 31,366 | $1.64M | 0.27% | +1,342+4.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 30,817 | $1.61M | 0.00% | −15,779−33.9% | Reduced |
| Weiss Asset Management LP | 30,690 | $1.61M | 0.02% | +30,690 | New |
| State of Michigan Retirement System | 30,552 | $1.60M | 0.01% | +978+3.3% | Added |
| United Advisor Group, LLC | 30,491 | $1.60M | 0.20% | +1,011+3.4% | Added |
| Jefferies Financial Group Inc. | 30,190 | $1.58M | 0.01% | +15,145+100.7% | Added |
| Pathstone Holdings, LLC | 29,718 | $1.56M | 0.01% | −8,954−23.2% | Reduced |
| Kennedy Capital Management, Inc. | 29,638 | $1.55M | 0.03% | −7,217−19.6% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 28,930 | $1.51M | 0.02% | +1,269+4.6% | Added |
| Atom Investors LP | 28,687 | $1.50M | 0.12% | −18,461−39.2% | Reduced |
| KLP Kapitalforvaltning AS | 28,471 | $1.49M | 0.01% | +2,056+7.8% | Added |
| New Mexico Educational Retirement Board | 26,935 | $1.41M | 0.04% | +1,283+5.0% | Added |
| Peregrine Asset Advisers, Inc. | 26,451 | $1.38M | 0.39% | +1,259+5.0% | Added |
| Oregon Public Employees Retirement Fund | 25,849 | $1.35M | 0.02% | +845+3.4% | Added |
| Susquehanna International Group, LLP | 25,559 | $1.34M | 0.00% | −25,831−50.3% | Reduced |
| Boxwood Ventures, Inc. | 24,963 | $1.31M | 1.32% | +1,188+5.0% | Added |
| Russell Investments Group, Ltd. | 24,332 | $1.27M | 0.00% | +992+4.3% | Added |
| Sanctuary Advisors, LLC | 23,546 | $1.23M | 0.01% | −3,328−12.4% | Reduced |
| Natixis Advisors, L.P. | 23,039 | $1.21M | 0.00% | +1,326+6.1% | Added |
| Wealth Enhancement Advisory Services, LLC | 22,017 | $1.18M | 0.00% | −272−1.2% | Reduced |
| Novem Group | 21,865 | $1.14M | 0.13% | +6,592+43.2% | Added |
| Vaughan David Investments LLC | 21,730 | $1.14M | 0.02% | +1,033+5.0% | Added |
| PFW Advisors LLC | 21,516 | $1.13M | 0.34% | +796+3.8% | Added |
| Diversify Advisory Services, LLC | 20,308 | $1.10M | 0.03% | +4,229+26.3% | Added |
| CWM, LLC | 20,866 | $1.09M | 0.00% | −113,028−84.4% | Reduced |
| Panagora Asset Management Inc | 20,399 | $1.07M | 0.00% | −171,653−89.4% | Reduced |
| Pictet Asset Management Holding SA | 19,729 | $1.03M | 0.00% | +2,722+16.0% | Added |
| DRW Securities, LLC | 19,444 | $1.02M | 0.08% | +14,995+337.0% | Added |
| Marshall Financial Group LLC | 19,374 | $1.01M | 0.20% | −277−1.4% | Reduced |
| Kestra Private Wealth Services, LLC | 18,127 | $948.8K | 0.01% | +324+1.8% | Added |
| Bessemer Group Inc | 17,881 | $937.0K | 0.00% | +12,282+219.4% | Added |
| Kovitz Investment Group Partners, LLC | 17,850 | $934.3K | 0.02% | −206−1.1% | Reduced |
| Modern Wealth Management, LLC | 17,436 | $912.6K | 0.02% | +701+4.2% | Added |
| Balyasny Asset Management LLC | 17,386 | $910.0K | 0.00% | +5,285+43.7% | Added |
| MSH Capital Advisors LLC | 16,972 | $888.3K | 0.19% | +807+5.0% | Added |
| Diversified Trust Co | 16,778 | $878.2K | 0.02% | +16,778 | New |
| Glenmede Trust Co NA | 16,690 | $873.6K | 0.00% | +16,690 | New |