COMMERCE BANCSHARES INC /MO/ - COMMON STOCK (CBSH) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
CBSH on Nasdaq
Shares outstanding
132,393,039
Price per share
$52.34
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
94,426,830
Total reported value
$5,640,270,614
% of total 13F portfolios
0%
Share change
-691,837
Value change
-$46,191,098
Number of holders
466
Price from insider filings
$52.34
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of COMMERCE BANCSHARES INC /MO/ - COMMON STOCK (CBSH) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 10% $828,110,885 13,493,741 The Vanguard Group 31 Mar 2025
STATE STREET CORP 5.1% +6% $403,502,209 +$18,965,314 6,752,045 +4.9% STATE STREET CORPORATION 30 Sep 2025
Aristotle Capital Management, LLC 4.9% $424,062,266 6,479,179 Aristotle Capital Management, LLC 30 Jun 2025

As of 30 Sep 2025, 466 institutional investors reported holding 94,426,830 shares of COMMERCE BANCSHARES INC /MO/ - COMMON STOCK (CBSH). This represents 71% of the company’s total 132,393,039 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of COMMERCE BANCSHARES INC /MO/ - COMMON STOCK (CBSH) together control 55% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 10% 13,591,897 +1.1% 0.01% $812,251,765
BlackRock, Inc. 8.9% 11,811,572 +2.6% 0.01% $705,859,564
STATE STREET CORP 5.1% 6,752,045 +5% 0.01% $403,502,209
COMMERCE BANK 4% 5,291,187 +13% 1.8% $316,201,334
AMERICAN CENTURY COMPANIES INC 3% 3,972,884 +5.4% 0.12% $237,419,689
Aristotle Capital Management, LLC 2.7% 3,517,924 -46% 0.41% $210,236,226
MORGAN STANLEY 2.4% 3,136,758 +3.1% 0.01% $187,452,848
DIMENSIONAL FUND ADVISORS LP 2% 2,643,001 +7.2% 0.03% $157,941,761
GEODE CAPITAL MANAGEMENT, LLC 2% 2,605,815 +4.8% 0.01% $157,226,937
WELLS FARGO & COMPANY/MN 1.5% 2,018,003 +0.86% 0.02% $120,595,845
Boston Trust Walden Corp 1.4% 1,903,362 +28% 0.83% $113,744,913
FIRST TRUST ADVISORS LP 1.3% 1,711,478 +20% 0.08% $102,277,924
JPMORGAN CHASE & CO 1.2% 1,611,608 +4.8% 0.01% $96,309,715
BANK OF AMERICA CORP /DE/ 1.1% 1,397,352 +5.6% 0.01% $83,505,782
MILLENNIUM MANAGEMENT LLC 0.99% 1,313,453 +57% 0.06% $78,491,951
AQR CAPITAL MANAGEMENT LLC 0.94% 1,245,068 +82% 0.05% $74,367,870
NORTHERN TRUST CORP 0.91% 1,200,022 -1% 0.01% $71,713,314
UBS Group AG 0.9% 1,194,072 +3.4% 0.01% $71,357,742
Bank of New York Mellon Corp 0.76% 1,006,075 -3.1% 0.01% $60,123,021
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.76% 1,005,155 -0.33% 0.01% $60,068,063
RENAISSANCE TECHNOLOGIES LLC 0.75% 998,186 +28% 0.08% $59,651,595
COOKE & BIELER LP 0.71% 936,864 +0.63% 0.58% $55,986,993
GOLDMAN SACHS GROUP INC 0.62% 827,064 +35% 0.01% $49,425,325
NFJ INVESTMENT GROUP, LLC 0.6% 794,482 +21% 1.6% $47,478,244
Qube Research & Technologies Ltd 0.53% 705,383 +74% 0.06% $42,153,688

Institutional Holders of COMMERCE BANCSHARES INC /MO/ - COMMON STOCK (CBSH) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 634,126 $33,222,578 +$8,015,753 $52.34 37
2025 Q3 94,426,830 $5,640,270,614 -$46,191,098 $59.76 466
2025 Q2 95,096,121 $5,913,247,092 +$93,906,333 $62.17 485
2025 Q1 93,414,117 $5,812,172,662 -$86,826,825 $62.23 460
2024 Q4 94,812,996 $5,909,706,240 +$291,159,608 $62.31 464
2024 Q3 89,926,230 $5,344,423,553 -$69,927,905 $59.40 441
2024 Q2 91,081,044 $5,084,384,535 +$29,728,614 $55.78 394
2024 Q1 90,560,951 $4,818,943,548 -$44,825,846 $53.20 381
2023 Q4 91,390,384 $4,881,469,030 +$243,504,528 $53.41 389
2023 Q3 86,856,556 $4,166,745,364 -$68,301,739 $47.98 382
2023 Q2 88,193,091 $4,300,870,433 +$77,877,870 $48.70 390
2023 Q1 86,351,098 $5,038,830,529 +$24,827,044 $58.35 410
2022 Q4 85,926,315 $5,848,590,477 +$385,072,935 $68.07 424
2022 Q3 81,580,184 $5,397,972,048 -$71,620,534 $66.16 390
2022 Q2 82,967,904 $5,447,031,317 -$27,378,687 $65.65 387
2022 Q1 83,463,895 $5,975,666,229 +$86,384,984 $71.59 371
2021 Q4 82,195,592 $5,650,861,955 +$277,407,929 $68.74 391
2021 Q3 78,109,212 $5,442,514,552 -$7,945,661 $69.68 375
2021 Q2 78,308,292 $5,838,092,114 -$14,692,644 $74.56 383
2021 Q1 78,412,840 $6,006,495,145 +$387,126 $76.61 373
2020 Q4 78,610,391 $5,165,299,377 +$262,473,826 $65.70 367
2020 Q3 74,593,907 $4,197,963,519 -$37,144,470 $56.29 346
2020 Q2 75,154,910 $4,468,503,333 -$84,476,223 $59.47 347
2020 Q1 76,597,850 $3,859,926,396 -$110,008,517 $50.35 337
2019 Q4 78,325,221 $5,318,499,899 +$278,776,833 $67.94 353
2019 Q3 74,093,580 $4,494,019,524 +$60,016,323 $60.65 331
2019 Q2 73,105,879 $4,359,515,582 +$159,687,111 $59.66 346
2019 Q1 70,582,387 $4,096,830,537 -$47,866,364 $58.06 353
2018 Q4 71,463,063 $4,028,586,149 +$205,062,066 $56.37 350
2018 Q3 67,576,886 $4,461,057,919 -$111,142,198 $66.02 354
2018 Q2 69,145,735 $4,475,267,062 -$16,501,384 $64.71 327
2018 Q1 76,575,750 $4,587,862,235 +$119,629,468 $59.91 306
2017 Q4 67,267,961 $3,756,936,650 +$172,894,333 $55.84 300
2017 Q3 63,940,321 $3,693,507,563 -$8,417,685 $57.77 300
2017 Q2 64,097,836 $3,643,141,456 +$87,281,282 $56.83 283
2017 Q1 62,736,064 $3,523,447,019 +$471,100,515 $56.16 297
2016 Q4 61,272,119 $3,542,010,244 +$77,923,865 $57.81 301
2016 Q3 59,864,666 $2,947,449,040 +$24,661,656 $49.26 276
2016 Q2 59,561,183 $2,853,009,936 +$44,999,553 $47.90 263
2016 Q1 58,670,913 $2,637,727,440 +$21,649,895 $44.95 255
2015 Q4 58,225,677 $2,476,825,008 +$94,263,717 $42.54 263
2015 Q3 55,993,054 $2,550,992,508 -$124,672,665 $45.56 254
2015 Q2 58,675,974 $2,744,170,156 -$89,848,786 $46.77 246
2015 Q1 60,611,430 $2,564,572,089 +$153,715,248 $42.32 231
2014 Q4 57,077,011 $2,481,522,618 +$139,112,040 $43.49 241
2014 Q3 53,680,507 $2,396,566,381 -$26,896,286 $44.64 229
2014 Q2 54,250,761 $2,522,478,266 +$5,758,248 $46.50 235
2014 Q1 54,088,180 $2,510,454,913 +$9,869,063 $46.42 234