Commerce Bancshares, Inc.
US ˙ NasdaqGS ˙ US2005251036

SecurityCBSH / Commerce Bancshares, Inc.
InstitutionCommerce Bank
Latest Disclosed Ownership8,462,359 shares
Ownership 6.20%
Commerce Bank ownership in CBSH / Commerce Bancshares, Inc.

2026-02-11 - Commerce Bank has filed an SCHEDULE 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 8,462,359 shares of Commerce Bancshares, Inc. (US:CBSH). This represents 6.2 percent ownership of the company.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date
Effective
Date
Form Prev
Shares
Latest
Shares
ΔShares
(Percent)
Ownership
(Percent)
ΔOwnership
(Percent)
2026-02-11 2026-02-11 13G 8,462,359 6.20

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F COMMERCE BANCSHARES COM 200525103 7,010,289 1,349,466 23.84 344,906 16.41 0.7109
2026-02-13 2025-12-31 13F COMMERCE BANCSHARES COM 200525103 5,660,823 369,636 6.99 296,287 -6.30 1.6361
2025-11-12 2025-09-30 13F COMMERCE BANCSHARES COM 200525103 5,291,187 612,033 13.08 316,201 8.70 1.7593
2025-08-07 2025-06-30 13F COMMERCE BANCSHARES COM 200525103 4,679,154 49,362 1.07 290,903 0.97 1.7172
2025-05-08 2025-03-31 13F COMMERCE BANCSHARES COM 200525103 4,629,792 -15,014 -0.32 288,112 -0.45 1.8392
2025-02-13 2024-12-31 13F COMMERCE BANCSHARES COM 200525103 4,644,806 -2,315,839 -33.27 289,418 -30.00 1.7841
2024-11-08 2024-09-30 13F COMMERCE BANCSHARES COM 200525103 6,960,645 -28,514 -0.41 413,462 6.06 2.5336
2024-08-12 2024-06-30 13F COMMERCE BANCSHARES COM 200525103 6,989,159 -158,491 -2.22 389,855 2.52 2.5254
2024-05-03 2024-03-31 13F COMMERCE BANCSHARES COM 200525103 7,147,650 -75,168 -1.04 380,255 -1.43 2.5144
2024-02-09 2023-12-31 13F COMMERCE BANCSHARES COM 200525103 7,222,818 196,431 2.80 385,771 14.43 2.7449
2023-11-14 2023-09-30 13F COMMERCE BANCSHARES COM 200525103 7,026,387 -10,440 -0.15 337,126 -1.62 2.6550
2023-08-08 2023-06-30 13F COMMERCE BANCSHARES COM 200525103 7,036,827 8,144 0.12 342,693 -16.44 2.5638
2023-05-04 2023-03-31 13F COMMERCE BANCSHARES COM 200525103 7,028,683 58,123 0.83 410,124 -13.56 3.2136
2023-02-10 2022-12-31 13F COMMERCE BANCSHARES COM 200525103 6,970,560 262,329 3.91 474,486 6.91 3.8546
2022-11-04 2022-09-30 13F COMMERCE BANCSHARES COM 200525103 6,708,231 -62,432 -0.92 443,817 -0.15 3.8568
2022-08-12 2022-06-30 13F COMMERCE BANCSHARES COM 200525103 6,770,663 -116,993 -1.70 444,493 -9.86 3.6211
2022-05-09 2022-03-31 13F COMMERCE BANCSHARES COM 200525103 6,887,656 -42,003 -0.61 493,087 3.51 3.3784
2022-02-14 2021-12-31 13F COMMERCE BANCSHARES COM 200525103 6,929,659 344,336 5.23 476,345 3.81 3.1145
2021-11-09 2021-09-30 13F COMMERCE BANCSHARES COM 200525103 6,585,323 -47,748 -0.72 458,865 -7.22 3.2446
2021-08-09 2021-06-30 13F COMMERCE BANCSHARES COM 200525103 6,633,071 5,985 0.09 494,562 -2.59 3.5113
2021-05-05 2021-03-31 13F COMMERCE BANCSHARES COM 200525103 6,627,086 -197,648 -2.90 507,702 13.23 3.8612
2021-02-09 2020-12-31 13F COMMERCE BANCSHARES COM 200525103 6,824,734 78,110 1.16 448,386 18.07 3.6259
2020-11-06 2020-09-30 13F COMMERCE BANCSHARES COM 200525103 6,746,624 -174,064 -2.52 379,768 -7.73 3.4339
2020-08-07 2020-06-30 13F COMMERCE BANCSHARES COM 200525103 6,920,688 -226,052 -3.16 411,573 14.38 4.0113
2020-05-08 2020-03-31 13F COMMERCE BANCSHARES COM 200525103 7,146,740 -145,377 -1.99 359,838 -27.37 4.3566
2020-02-14 2019-12-31 13F COMMERCE BANCSHARES COM 200525103 7,292,117 163,307 2.29 495,427 14.59 4.7182
2019-11-12 2019-09-30 13F COMMERCE BANCSHARES COM 200525103 7,128,810 -81,085 -1.12 432,362 0.52 4.4361
2019-08-07 2019-06-30 13F COMMERCE BANCSHARES COM 200525103 7,209,895 -30,107 -0.42 430,142 2.33 4.8252
2019-05-08 2019-03-31 13F COMMERCE BANCSHARES COM 200525103 7,240,002 176,566 2.50 420,355 5.57 4.9790
2019-02-11 2018-12-31 13F COMMERCE BANCSHARES COM 200525103 7,063,436 372,280 5.56 398,166 -9.87 5.0711
2018-11-02 2018-09-30 13F COMMERCE BANCSHARES COM 200525103 6,691,156 -165,214 -2.41 441,750 -0.43 5.2571
2018-08-08 2018-06-30 13F COMMERCE BANCSHARES COM 200525103 6,856,370 -270,150 -3.79 443,676 3.92 5.6377
2018-05-03 2018-03-31 13F COMMERCE BANCSHARES COM 200525103 7,126,520 -242,721 -3.29 426,950 3.76 5.6347
2018-02-12 2017-12-31 13F COMMERCE BANCSHARES COM 200525103 7,369,241 325,364 4.62 411,498 1.12 5.3564
2017-11-07 2017-09-30 13F/A-1 COMMERCE BANCSHARES COM 200525103 7,043,877 -30,297 -0.43 406,925 1.22 5.5299
2017-11-07 2017-09-30 13F COMMERCE BANCSHARES COM 200525103 7,074,174 402,025
2017-08-08 2017-06-30 13F COMMERCE BANCSHARES COM 200525103 7,074,174 -107,356 -1.49 402,025 -0.32 5.6384
2017-05-05 2017-03-31 13F COMMERCE BANCSHARES COM 200525103 7,181,530 -128,370 -1.76 403,315 -4.56 5.7505
2017-02-08 2016-12-31 13F COMMERCE BANCSHARES COM 200525103 7,309,900 -196,852 -2.62 422,585 14.28 6.3086
2016-11-03 2016-09-30 13F COMMERCE BANCSHARES COM 200525103 7,506,752 -566,781 -7.02 369,782 -4.38 5.7559
2016-08-09 2016-06-30 13F COMMERCE BANCSHARES COM 200525103 8,073,533 -68,217 -0.84 386,722 5.67 6.1170
2016-04-27 2016-03-31 13F COMMERCE BANCSHARES COM 200525103 8,141,750 -146,817 -1.77 365,972 3.79 6.0753
2016-02-12 2015-12-31 13F COMMERCE BANCSHARES COM 200525103 8,288,567 224,768 2.79 352,595 -4.03 5.9004
2015-11-10 2015-09-30 13F COMMERCE BANCSHARES COM 200525103 8,063,799 -120,595 -1.47 367,387 -4.02 6.3186
2015-08-03 2015-06-30 13F COMMERCE BANCSHARES COM 200525103 8,184,394 -202,946 -2.42 382,785 7.84 5.9940
2015-05-06 2015-03-31 13F COMMERCE BANCSHARES COM 200525103 8,387,340 -193,150 -2.25 354,952 -4.88 5.5152
2015-02-11 2014-12-31 13F COMMERCE BANCSHARES COM 200525103 8,580,490 352,167 4.28 373,165 1.59 5.8975
2014-11-06 2014-09-30 13F COMMERCE BANCSHARES COM 200525103 8,228,323 -187,828 -2.23 367,336 -6.14 6.0619
2014-08-05 2014-06-30 13F COMMERCE BANCSHARES COM 200525103 8,416,151 -132,753 -1.55 391,351 -1.38 6.3949
2014-05-09 2014-03-31 13F COMMERCE BANCSHARES COM 200525103 8,548,904 -9,246 -0.11 396,841 3.25 6.7553
2014-02-14 2013-12-31 13F COMMERCE BANCSHARES COM 200525103 8,558,150 384,504 4.70 384,347 7.33 6.6566
2013-11-05 2013-09-30 13F/A-2 COMMERCE BANCSHARES COM 200525103 8,173,646 -135,053 -1.63 358,088 -1.04 6.4588
2013-11-05 2013-09-30 13F/A-1 COMMERCE BANCSHARES COM 200525103 4,699,791 -3,473,855 205,898 3.7137
2013-11-04 2013-09-30 13F COMMERCE BANCSHARES COM 200525103 4,699,791 205,898
2013-08-07 2013-06-30 13F COMMERCE BANCSHARES COM 200525103 8,308,699 -172,178 -2.03 361,844 4.50 6.7280
2013-08-08 2013-03-31 13F/A-1 COMMERCE BANCSHARES COM 200525103 8,480,877 8,480,877 346,274 6.7563
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.