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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, Q1 2026

Institutional positions in Commerce Bancshares Inc as of Mar 31, 2026. 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
476
+26 vs. Q4 2025
Shares held
104.1M
+21.1M (+25.5%) vs. Q4 2025
Total value
$5.12B
+$776.5M (+17.9%) vs. Q4 2025
New holders
79
170 more added
Sold out
53
149 more reduced

8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 476 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 heldQ1 2026: $5.12B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Commerce Bancshares Inc; share changes are against Q4 2025.

Institutions holding CBSH in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC28,581$1.41M0.01%−1,137−3.8%Reduced
United Advisor Group, LLC28,894$1.42M0.18%−1,597−5.2%Reduced
Healthcare of Ontario Pension Plan Trust Fund29,200$1.44M0.00%+29,200New
KLP Kapitalforvaltning AS29,270$1.44M0.01%+799+2.8%Added
Kennedy Capital Management, Inc.29,341$1.44M0.03%−297−1.0%Reduced
HighTower Advisors, LLC29,482$1.45M0.00%−3,189−9.8%Reduced
Jones Financial Companies LLLP30,687$1.48M0.00%+16,191+111.7%Added
Mountain Pacific Investment Advisers Inc30,380$1.49M0.26%−986−3.1%Reduced
Northwestern Mutual Investment Management Company, LLC30,702$1.51M0.02%+1,772+6.1%Added
Cambridge Investment Research Advisors, Inc.30,930$1.52M0.00%−2,451−7.3%Reduced
First National Bank of Omaha31,882$1.54M0.05%−195−0.6%Reduced
Meyer Handelman Co31,355$1.54M0.05%−300−0.9%Reduced
Vanguard Investments Australia, Ltd.32,600$1.60M0.00%+32,600New
Nicholson Wealth Management Group, LLC32,944$1.62M0.95%−1,308−3.8%Reduced
State of Michigan Retirement System32,952$1.62M0.01%+2,400+7.9%Added
Wiley Bros.-Aintree Capital, LLC33,358$1.64M0.01%−2,000−5.7%Reduced
Diversified Trust Co33,406$1.64M0.03%+16,628+99.1%Added
Steward Partners Investment Advisory, LLC33,604$1.65M0.01%+703+2.1%Added
Equitable Holdings, Inc.33,988$1.67M0.01%+33,988New
Natixis Advisors, L.P.34,304$1.69M0.00%+11,265+48.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys34,336$1.69M0.01%+1,980+6.1%Added
Russell Investments Group, Ltd.34,445$1.69M0.00%+10,113+41.6%Added
Baird Financial Group, Inc.35,666$1.75M0.00%+1,068+3.1%Added
Arizona State Retirement System36,561$1.80M0.01%−456−1.2%Reduced
Advisor Group Holdings, Inc.36,609$1.80M0.00%−7,490−17.0%Reduced
Bank of Montreal36,808$1.81M0.00%−6,383−14.8%Reduced
Thrivent Financial for Lutherans37,209$1.83M0.00%−5,549−13.0%Reduced
Coldstream Capital Management Inc39,511$1.94M0.02%+3,138+8.6%Added
Louisiana State Employees Retirement System39,700$1.95M0.03%+3,900+10.9%Added
Teachers Retirement System of the State of Kentucky39,878$1.96M0.02%00.0%Unchanged
Yousif Capital Management, LLC40,173$1.98M0.02%+245+0.6%Added
Public Employees Retirement System of Ohio40,705$2.00M0.01%+498+1.2%Added
Envestnet Asset Management Inc41,273$2.03M0.00%−31,465−43.3%Reduced
Commonwealth Equity Services, LLC42,336$2.08M0.00%+6,059+16.7%Added
Salzhauer Michael42,816$2.11M0.99%+42,816New
Trust Co42,987$2.11M0.20%00.0%Unchanged
Paragon Capital Management LLC43,125$2.12M1.05%+368+0.9%Added
State of New Jersey Common Pension Fund D43,467$2.14M0.01%00.0%Unchanged
Central Trust Co43,714$2.15M0.04%−1,146−2.6%Reduced
Handelsbanken Fonder AB44,185$2.17M0.01%+600+1.4%Added
Wedge Capital Management L L P45,220$2.22M0.04%+593+1.3%Added
Concurrent Investment Advisors, LLC45,563$2.24M0.02%−247−0.5%Reduced
Mercer Global Advisors Inc46,085$2.27M0.00%+11,942+35.0%Added
Ameritas Investment Partners, Inc.46,641$2.29M0.07%+4,774+11.4%Added
Fifth Third Bancorp47,869$2.36M0.00%+46,661+3,862.7%Added
Zurcher Kantonalbank (Zurich Cantonalbank)48,695$2.40M0.01%+11,591+31.2%Added
State of Tennessee, Treasury Department50,461$2.48M0.01%00.0%Unchanged
Captrust Financial Advisors50,951$2.51M0.00%+19,169+60.3%Added
Summit Financial, LLC51,906$2.55M0.03%+111+0.2%Added
New York State Common Retirement Fund52,340$2.58M0.00%00.0%Unchanged
Mutual of America Capital Management LLC52,517$2.58M0.03%−1,296−2.4%Reduced
Waterford Advisors, LLC44,863$2.59M0.82%00.0%Unchanged
XTX Topco Ltd52,952$2.61M0.05%−21,464−28.8%Reduced
Toroso Investments, LLC53,043$2.61M0.01%+3,087+6.2%Added
Susquehanna International Group, LLP53,440$2.63M0.00%+27,881+109.1%Added
FMR LLC54,126$2.66M0.00%−8,252−13.2%Reduced
Summit Trail Advisors, LLC54,765$2.69M0.04%+13,377+32.3%Added
Man Group plc54,880$2.70M0.01%−27,883−33.7%Reduced
Vanguard Global Advisers, LLC55,112$2.71M0.00%+55,112New
Plancorp, LLC54,242$2.74M0.08%−315−0.6%Reduced
Treasurer of the State of North Carolina57,991$2.85M0.01%+3,774+7.0%Added
Police & Firemen's Retirement System of New Jersey59,637$2.93M0.03%+5,479+10.1%Added
Amalgamated Bank61,382$3.02M0.02%+4,253+7.4%Added
Janus Henderson Group PLC61,742$3.04M0.00%+4,800+8.4%Added
Jacobs Asset Management, LLC62,500$3.08M1.84%+62,500New
Stifel Financial Corp63,572$3.13M0.00%−35,165−35.6%Reduced
MetLife Investment Management67,387$3.32M0.02%+4,206+6.7%Added
Hilton Capital Management, LLC68,747$3.38M0.26%+9,042+15.1%Added
Mosaic Family Wealth Partners, LLC68,900$3.39M0.35%+68,900New
Royal Bank of Canada70,002$3.44M0.00%−29,652−29.8%Reduced
Atwood & Palmer Inc71,788$3.53M0.20%−491−0.7%Reduced
Cetera Investment Advisers72,040$3.54M0.00%+10,442+17.0%Added
Cerity Partners LLC73,675$3.62M0.01%+6,623+9.9%Added
Capital Fund Management S.A.73,791$3.63M0.03%+16,683+29.2%Added
Y-Intercept (Hong Kong) Ltd75,070$3.69M0.07%+28,517+61.3%Added
Great West Life Assurance Co76,852$3.79M0.01%+1,276+1.7%Added
Franklin Resources Inc77,773$3.83M0.00%−6,380−7.6%Reduced
Stonebridge Financial Group, LLC77,855$3.83M0.31%−1,571−2.0%Reduced
Colony Group, LLC80,447$3.96M0.00%+3,185+4.1%Added
Axq Capital, LP82,450$4.06M0.52%+82,450New
New York State Teachers Retirement System83,266$4.10M0.01%−54,930−39.7%Reduced
Clark & Stuart, Inc83,929$4.13M2.78%−1,812−2.1%Reduced
Bayview Asset Management, LLC85,000$4.18M3.49%+85,000New
Quantbot Technologies LP86,717$4.27M0.17%−62,711−42.0%Reduced
Banc Funds Co LLC86,774$4.27M0.79%+86,774New
MTM Investment Management, LLC88,242$4.34M1.38%+281+0.3%Added
Edgestream Partners, L.P.94,994$4.67M0.15%+31,270+49.1%Added
Connor, Clark & Lunn Investment Management Ltd.95,615$4.70M0.01%+19,042+24.9%Added
HSBC Holdings PLC95,746$4.72M0.00%−149,483−61.0%Reduced
Rafferty Asset Management, LLC96,586$4.75M0.02%−60,934−38.7%Reduced
Oppenheimer & Co Inc99,294$4.89M0.06%−1,260−1.3%Reduced
Manufacturers Life Insurance Company, The100,097$4.92M0.00%+3,279+3.4%Added
Van Eck Associates Corp102,370$5.04M0.00%+3,572+3.6%Added
IFG Advisory, LLC108,410$5.33M15.29%+108,410New
LPL Financial LLC114,787$5.65M0.00%+13,030+12.8%Added
Price T Rowe Associates Inc116,092$5.71M0.00%+10,886+10.3%Added
Vanguard Asset Management, Ltd118,849$5.85M0.00%+118,849New
US Bancorp119,510$5.88M0.01%−900−0.7%Reduced
Entropy Technologies, LP123,514$6.08M0.28%+60,705+96.7%Added
Barclays PLC125,271$6.16M0.00%−79,423−38.8%Reduced