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Institutional Ownership · SEC Form 13F

Who owns Commerce Bancshares (CBSH)


Which tracked institutional funds hold CBSH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CBSH company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

474
Institutional holders
108M
Shares held (tracked funds)

How the tape is positioned

166 tracked funds added or opened CBSH while 70 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

CBSH’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes CBSH more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in CBSH divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 474 tracked filers holding CBSH, 252 increased or opened the position and 219 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in CBSH between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 30

  • Alyeska Investment Group, L.P.$33M
  • IEQ CAPITAL, LLC$7M
  • Freestone Grove Partners LP$4M
  • Jupiter Topco LLC$4M
  • AGF MANAGEMENT LTD$3M
  • ALGERT GLOBAL LLC$3M

Full exits 38

  • STRATEGIC VALUE BANK PARTNERS LLC$35M
  • Qube Research & Technologies Ltd$29M
  • BASSWOOD CAPITAL MANAGEMENT, L.L.C.$14M
  • Janney Montgomery Scott LLC$10M
  • ExodusPoint Capital Management, LP$9M
  • Verition Fund Management LLC$8M

Largest adds

  • AQR CAPITAL MANAGEMENT LLC$287M
  • BlackRock, Inc.$178M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$88M
  • CITADEL ADVISORS LLC$83M
  • STATE STREET CORP$77M
  • BALYASNY ASSET MANAGEMENT L.P.$59M

Largest trims

  • Champlain Investment Partners, LLC$55M
  • COMMERCE BANK$29M
  • COOKE & BIELER LP$15M
  • Schonfeld Strategic Advisors LLC$11M
  • AMERIPRISE FINANCIAL INC$11M
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC$10M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
BlackRock, Inc. added13,085,173$756M12.6%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC added9,024,602$521M8.7%2026-Q2
STATE STREET CORP added7,353,946$425M7.1%2026-Q2
AQR CAPITAL MANAGEMENT LLC added6,544,830$378M6.3%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed6,214,564$359M6.0%2026-Q2
AMERICAN CENTURY COMPANIES INC trimmed5,937,371$343M5.7%2026-Q2
COMMERCE BANK trimmed5,472,030$316M5.3%2026-Q2
DIMENSIONAL FUND ADVISORS LP added4,164,812$241M4.0%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added3,008,073$174M2.9%2026-Q2
FIRST TRUST ADVISORS LP trimmed2,253,013$130M2.2%2026-Q2
Boston Trust Walden Corp added2,114,015$122M2.0%2026-Q2
CITADEL ADVISORS LLC added2,075,423$120M2.0%2026-Q2
MORGAN STANLEY trimmed2,012,537$116M1.9%2026-Q2
WELLS FARGO & COMPANY/MN trimmed1,937,739$112M1.9%2026-Q2
NORGES BANK added1,709,540$99M1.6%2026-Q2
VICTORY CAPITAL MANAGEMENT INC added1,557,569$90M1.5%2026-Q2
BANK OF AMERICA CORP /DE/ added1,442,908$83M1.4%2026-Q2
UBS Group AG added1,425,489$82M1.4%2026-Q2
JPMORGAN CHASE & CO trimmed1,354,109$79M1.3%2026-Q2
NORTHERN TRUST CORP added1,260,549$73M1.2%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,216,060$70M1.2%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added1,143,273$66M1.1%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added1,133,752$65M1.1%2026-Q2
GOLDMAN SACHS GROUP INC added1,087,536$63M1.0%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed978,626$57M0.9%2026-Q2
Champlain Investment Partners, LLC trimmed971,864$56M0.9%2026-Q2
Bank of New York Mellon Corp trimmed942,747$54M0.9%2026-Q2
VANGUARD FIDUCIARY TRUST CO added858,557$50M0.8%2026-Q2
TWO SIGMA INVESTMENTS, LP added702,104$41M0.7%2026-Q2
COOKE & BIELER LP trimmed591,221$34M0.6%2026-Q2
Alyeska Investment Group, L.P. new562,834$33M0.5%2026-Q2
Point72 Asset Management, L.P. trimmed556,267$32M0.5%2026-Q2
Arbejdsmarkedets Tillaegspension added529,200$31M0.5%2026-Q2
ProShare Advisors LLC added525,551$30M0.5%2026-Q2
Mutual Advisors, LLC added492,733$28M0.5%2026-Q2
Nuveen, LLC added480,385$28M0.5%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed440,252$25M0.4%2026-Q2
D. E. Shaw & Co., Inc. trimmed413,978$24M0.4%2026-Q2
Invesco Ltd. added375,071$22M0.4%2026-Q2
RHUMBLINE ADVISERS trimmed372,702$22M0.4%2026-Q2
Creative Planning added363,017$21M0.3%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed349,795$20M0.3%2026-Q2
River Road Asset Management, LLC added339,962$20M0.3%2026-Q2
SPEECE THORSON CAPITAL GROUP INC trimmed332,442$19M0.3%2026-Q2
Mariner, LLC added317,223$18M0.3%2026-Q2
Fisher Asset Management, LLC trimmed311,786$18M0.3%2026-Q2
PRINCIPAL FINANCIAL GROUP INC added307,804$18M0.3%2026-Q2
Quantinno Capital Management LP added289,041$17M0.3%2026-Q2
Swiss National Bank added272,636$16M0.3%2026-Q2
FMR LLC added254,704$15M0.2%2026-Q2
SEI INVESTMENTS CO trimmed240,797$14M0.2%2026-Q2
California Public Employees Retirement System trimmed240,411$14M0.2%2026-Q2
UMB Bank, n.a. trimmed231,625$13M0.2%2026-Q2
VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed226,538$13M0.2%2026-Q2
PNC Financial Services Group, Inc. trimmed223,390$13M0.2%2026-Q2
MONETA GROUP INVESTMENT ADVISORS LLC trimmed219,551$13M0.2%2026-Q2
Legal & General Group Plc added186,494$11M0.2%2026-Q2
Cerity Partners LLC added178,996$10M0.2%2026-Q2
RAYMOND JAMES FINANCIAL INC added172,859$10M0.2%2026-Q2
ALLIANCEBERNSTEIN L.P. trimmed170,468$8M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed156,923$9M0.2%2026-Q2
AMERIPRISE FINANCIAL INC trimmed149,786$9M0.1%2026-Q2
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed146,924$8M0.1%2026-Q2
Holocene Advisors, LP trimmed146,683$8M0.1%2026-Q2
Edgestream Partners, L.P. added143,973$8M0.1%2026-Q2
Midwest Trust Co trimmed142,506$8M0.1%2026-Q2
Retirement Systems of Alabama trimmed140,221$8M0.1%2026-Q2
Waterfront Wealth Inc. trimmed135,802$8M0.1%2026-Q2
VOYA INVESTMENT MANAGEMENT LLC trimmed134,316$8M0.1%2026-Q2
CITIGROUP INC trimmed129,619$7M0.1%2026-Q2
MERCER GLOBAL ADVISORS INC /ADV added125,092$7M0.1%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added125,036$7M0.1%2026-Q2
IEQ CAPITAL, LLC added124,253$7M0.1%2026-Q2
PRICE T ROWE ASSOCIATES INC /MD/ added122,909$7M0.1%2026-Q2
FRANKLIN RESOURCES INC added119,616$7M0.1%2026-Q2
Numerai GP LLC trimmed117,080$7M0.1%2026-Q2
US BANCORP \DE\ trimmed117,061$7M0.1%2026-Q2
IFG Advisory, LLC added114,043$7M0.1%2026-Q2
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added107,840$6M0.1%2026-Q2
VAN ECK ASSOCIATES CORP added103,960$6M0.1%2026-Q2
Vest Financial, LLC trimmed101,121$6M0.1%2026-Q2
OPPENHEIMER & CO INC99,294$6M0.1%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed98,307$6M0.1%2026-Q2
Horizon Investments, LLC added96,147$6M0.1%2026-Q2
CAPTRUST FINANCIAL ADVISORS added94,452$5M0.1%2026-Q2
MTM Investment Management, LLC added88,979$5M0.1%2026-Q2
Man Group plc added87,804$5M0.1%2026-Q2
Hilton Capital Management, LLC added84,290$5M0.1%2026-Q2
ROYAL BANK OF CANADA added83,487$5M0.1%2026-Q2
Clark & Stuart, Inc trimmed83,351$5M0.1%2026-Q2
LPL Financial LLC trimmed82,356$5M0.1%2026-Q2
Stonebridge Financial Group, LLC added81,288$5M0.1%2026-Q2
Freestone Grove Partners LP added77,146$4M0.1%2026-Q2
MOSAIC FAMILY WEALTH PARTNERS, LLC added75,783$4M0.1%2026-Q2
ATWOOD & PALMER INC trimmed71,288$4M0.1%2026-Q2
&PARTNERS added69,569$4M0.1%2026-Q2
MetLife Investment Management, LLC trimmed65,269$4M0.1%2026-Q2
STIFEL FINANCIAL CORP added64,780$4M0.1%2026-Q2
Rafferty Asset Management, LLC trimmed64,428$4M0.1%2026-Q2
Police & Firemen's Retirement System of New Jersey added62,135$4M0.1%2026-Q2

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership