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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
Neuberger Berman Group LLC16,499$863.6K0.00%+3,547+27.4%Added
Squarepoint Ops LLC16,197$847.8K0.00%+16,197New
Financial Advisory Service, Inc.16,112$843.3K0.05%+812+5.3%Added
Regions Financial Corp16,111$843.2K0.01%+1,872+13.1%Added
Apollon Wealth Management, LLC15,566$814.7K0.01%+717+4.8%Added
Pacer Advisors, Inc.15,468$809.6K0.00%−6,515−29.6%Reduced
Meritage Portfolio Management15,065$788.5K0.05%−23,969−61.4%Reduced
WCG Wealth Advisors LLC14,906$780.2K0.02%−4,495−23.2%Reduced
Simmons Bank14,844$776.9K0.05%+614+4.3%Added
BKD Wealth Advisors, LLC14,608$764.6K0.01%+805+5.8%Added
Jones Financial Companies LLLP14,496$758.7K0.00%+1,059+7.9%Added
O'Shaughnessy Asset Management, LLC14,448$756.2K0.00%−6,422−30.8%Reduced
Brevan Howard Capital Management LP14,428$755.2K0.01%+9,252+178.7%Added
Cornerstone Wealth Management, LLC14,425$755.0K0.04%+650+4.7%Added
Integrated Wealth Concepts LLC14,268$746.8K0.01%−2,526−15.0%Reduced
Mendon Capital Advisors Corp14,123$742.0K0.29%+14,123New
Axxcess Wealth Management, LLC13,921$728.6K0.01%+727+5.5%Added
Inceptionr LLC13,843$724.5K0.20%+13,843New
Oxford Asset Management LLP13,763$720.4K0.25%+13,763New
Public Employees Retirement Association of Colorado13,547$709.0K0.00%+645+5.0%Added
CI Private Wealth, LLC13,004$683.0K0.00%+97+0.8%Added
Heritage Trust Co12,907$675.6K0.07%+611+5.0%Added
State of Alaska, Department of Revenue12,887$674.0K0.01%−410−3.1%Reduced
Schroder Investment Management Group12,488$659.6K0.00%−218,447−94.6%Reduced
Allworth Financial LP12,545$656.6K0.00%+437+3.6%Added
Illinois Municipal Retirement Fund12,449$651.6K0.01%−10,720−46.3%Reduced
Ethic Inc.12,446$651.4K0.01%−77−0.6%Reduced
Rockefeller Capital Management L.P.12,414$649.8K0.00%+4,846+64.0%Added
Lido Advisors, LLC10,743$641.2K0.00%−20.0%Reduced
North Star Investment Management Corp.12,156$636.2K0.04%+586+5.1%Added
Federation des caisses Desjardins du Quebec12,108$633.7K0.00%+3,636+42.9%Added
EverSource Wealth Advisors, LLC12,012$628.7K0.02%+3,369+39.0%Added
Xponance, Inc.11,956$625.8K0.00%−1,847−13.4%Reduced
Orion Investment Co11,804$617.8K0.19%+562+5.0%Added
JustInvest LLC11,626$608.5K0.01%+1,042+9.8%Added
Eukles Asset Management11,615$607.9K0.24%+787+7.3%Added
Dakota Wealth Management11,575$605.8K0.01%+11,575New
Detalus Advisors, LLC11,353$594.2K0.14%+361+3.3%Added
GWM Advisors LLC11,153$583.8K0.00%−156−1.4%Reduced
Jag Capital Management, LLC11,046$578.2K0.06%+589+5.6%Added
Benjamin Edwards Inc10,985$575.0K0.01%+535+5.1%Added
Syntegra Private Wealth Group, LLC10,840$567.4K0.05%+626+6.1%Added
Private Advisor Group, LLC10,809$565.7K0.00%+97+0.9%Added
Quest Partners LLC10,724$561.3K0.03%−19,595−64.6%Reduced
M&T Bank Corp10,584$554.0K0.00%−23,756−69.2%Reduced
Federated Hermes, Inc.10,398$544.2K0.00%−688−6.2%Reduced
Fulton Bank, N.A.10,228$535.3K0.02%+848+9.0%Added
ICW Investment Advisors LLC10,193$533.5K0.19%+10.0%Added
Crawford Investment Counsel Inc10,151$531.3K0.01%+483+5.0%Added
Aigen Investment Management, LP10,053$526.2K0.12%+10,053New
Cresset Asset Management, LLC10,017$524.3K0.00%+410+4.3%Added
Cushing Capital Partners, LLC10,011$524.0K0.39%−3,036−23.3%Reduced
Sequoia Financial Advisors, LLC9,939$520.2K0.00%+6,420+182.4%Added
Nisa Investment Advisors, LLC9,896$517.9K0.00%+463+4.9%Added
Quadrant Capital Group LLC9,686$507.0K0.02%+282+3.0%Added
VestGen Advisors, LLC9,577$501.3K0.02%−9,563−50.0%Reduced
Cauble & Harre Wealth Management, Inc.9,472$495.8K0.42%+9,472New
Securian Asset Management, Inc9,422$493.2K0.02%+150+1.6%Added
Voleon Capital Management LP9,233$483.3K0.01%−13,523−59.4%Reduced
Beck Mack & Oliver LLC9,135$478.1K0.01%+435+5.0%Added
Thurston, Springer, Miller, Herd & Titak, Inc.9,081$475.2K0.17%+5,434+149.0%Added
Laurion Capital Management LP8,832$462.3K0.03%+420+5.0%Added
Prudential Financial Inc8,717$456.2K0.00%−4,437−33.7%Reduced
Daiwa Securities Group Inc.8,710$456.0K0.00%+677+8.4%Added
Buckingham Strategic Partners8,654$452.9K0.01%+79+0.9%Added
Crossmark Global Holdings, Inc.8,189$428.6K0.01%−76−0.9%Reduced
Alps Advisors Inc8,110$424.5K0.00%+470+6.2%Added
Caliber Wealth Management, LLC8,065$422.1K0.05%+383+5.0%Added
Advisors Capital Management, LLC8,012$419.3K0.00%+381+5.0%Added
Stephens Inc7,500$408.0K0.01%+65+0.9%Added
Sterling Capital Management LLC7,656$400.7K0.01%+36+0.5%Added
Claris Advisors, LLC7,525$393.9K0.12%+357+5.0%Added
State of Wisconsin Investment Board7,450$389.9K0.00%−4,510−37.7%Reduced
Isthmus Partners, LLC7,318$383.0K0.04%+7,318New
Thomas Story & Son LLC7,144$373.9K0.14%+264+3.8%Added
Wealth Alliance Advisory Group, LLC6,994$366.1K0.06%+333+5.0%Added
Utah Retirement Systems6,925$362.4K0.00%+330+5.0%Added
Duncker Streett & Co Inc6,869$359.5K0.06%+333+5.1%Added
Farther Finance Advisors, LLC6,824$357.2K0.00%+326+5.0%Added
Truist Financial Corp6,815$356.6K0.00%−5,415−44.3%Reduced
CIBC Private Wealth Group, LLC6,808$356.3K0.00%−235−3.3%Reduced
Morton Community Bank6,619$348.4K0.08%+315+5.0%Added
Chicago Partners Investment Group LLC6,472$344.4K0.01%−361−5.3%Reduced
SRS Capital Advisors, Inc.6,548$342.7K0.01%−10,475−61.5%Reduced
First Bank & Trust6,204$324.7K0.05%+295+5.0%Added
Maryland State Retirement & Pension System6,052$316.8K0.01%+288+5.0%Added
Swiss Life Asset Management Ltd6,039$316.1K0.00%+286+5.0%Added
Jump Financial, LLC6,000$314.0K0.00%+6,000New
Outlook Wealth Advisors, LLC5,934$310.6K0.07%+214+3.7%Added
Ensign Peak Advisors, Inc5,875$307.5K0.00%−10,030−63.1%Reduced
HB Wealth Management, LLC5,795$303.4K0.00%+771+15.3%Added
Smith Shellnut Wilson LLC5,743$300.6K0.12%+271+5.0%Added
Armistice Capital, LLC5,707$298.7K0.01%+675+13.4%Added
Strategy Asset Managers LLC5,659$296.2K0.05%+29+0.5%Added
Evergreen Capital Management LLC5,551$290.5K0.01%+450+8.8%Added
Kavar Capital Partners Group, LLC5,545$290.2K0.04%+1,329+31.5%Added
Evolve Private Wealth, LLC5,502$288.0K0.02%+5,502New
Jain Global LLC5,490$287.3K0.00%−72,768−93.0%Reduced
Krilogy Financial LLC5,368$283.3K0.01%+905+20.3%Added
RMB Capital Management, LLC5,244$274.5K0.00%+333+6.8%Added