COMMERCE BANCSHARES INC /MO/ (CBSH) — Institutional Holders, Q2 2026

511 institutional investment managers reported a CBSH position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $6.3B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← CBSH stock profile

CBSH in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

178

Trimmed

146

Sold out

Biggest buyers

AQR CAPITAL MANAGEMENTAdded · +4,681,238 sh+$270.3M
CITADEL ADVISORSAdded · +1,327,582 sh+$76.7M
BALYASNY ASSET MANAGEMENT L.P.Added · +992,004 sh+$57.3M
Alyeska Investment Group, L.P.New · +562,834 sh+$32.5M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPAdded · +531,114 sh+$30.7M

Biggest sellers

COMMERCE BANKTrimmed · -1,538,259 sh-$88.8M
Champlain Investment PartnersTrimmed · -1,293,439 sh-$74.7M
STRATEGIC VALUE BANK PARTNERSSold out · -712,590 sh-$41.2M
Qube Research & Technologies LtdSold out · -591,090 sh-$34.1M
COOKE & BIELERTrimmed · -414,005 sh-$23.9M

CBSH 13F holders ranked 1–100 of 511

Institutional investors reporting a position in COMMERCE BANCSHARES INC /MO/ on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 13,085,173 sh	13,085,173	$755.7M	0.01%	+1.2%
2	VANGUARD PORTFOLIO MANAGEMENT#2 · 9,024,602 sh	9,024,602	$521.2M	0.02%	+2.5%
3	STATE STREET#3 · 7,353,946 sh	7,353,946	$424.7M	0.01%	+4.1%
4	AQR CAPITAL MANAGEMENT#4 · 6,544,830 sh	6,544,830	$378.0M	0.13%	+251.2%
5	VANGUARD CAPITAL MANAGEMENT#5 · 6,214,564 sh	6,214,564	$358.9M	<0.01%	-0.2%
6	AMERICAN CENTURY COMPANIES#6 · 5,937,371 sh	5,937,371	$342.9M	0.15%	-4.6%
7	COMMERCE BANK#7 · 5,472,030 sh	5,472,030	$316.0M	1.39%	-21.9%
8	DIMENSIONAL FUND ADVISORS#8 · 4,164,812 sh	4,164,812	$240.5M	0.04%	+5.6%
9	GEODE CAPITAL MANAGEMENT#9 · 3,008,073 sh	3,008,073	$173.8M	<0.01%	+1.1%
10	FIRST ADVISORS#10 · 2,253,013 sh	2,253,013	$130.1M	0.08%	-13.7%
11	Boston Walden#11 · 2,114,015 sh	2,114,015	$122.1M	0.93%	+9.3%
12	CITADEL ADVISORS#12 · 2,075,423 sh	2,075,423	$119.9M	0.01%	+177.5%
13	MORGAN STANLEY#13 · 2,012,537 sh	2,012,537	$116.2M	<0.01%	-12.2%
14	WELLS FARGO & COMPANY#14 · 1,937,739 sh	1,937,739	$111.9M	0.02%	-6.3%
15	NORGES BANK#15 · 1,709,540 sh	1,709,540	$98.7M	<0.01%	—
16	VICTORY CAPITAL MANAGEMENT#16 · 1,557,569 sh	1,557,569	$89.9M	0.05%	+23.0%
17	BANK OF AMERICA#17 · 1,442,908 sh	1,442,908	$83.3M	<0.01%	+39.8%
18	UBS Group AG#18 · 1,425,489 sh	1,425,489	$82.3M	0.01%	+9.3%
19	JPMORGAN CHASE#19 · 1,354,109 sh	1,354,109	$79.0M	<0.01%	-16.1%
20	NORTHERN#20 · 1,260,549 sh	1,260,549	$72.8M	<0.01%	+2.0%
21	CHARLES SCHWAB INVESTMENT MANAGEMENT#21 · 1,216,060 sh	1,216,060	$70.2M	<0.01%	+1.7%
22	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#22 · 1,143,273 sh	1,143,273	$66.0M	0.03%	+86.8%
23	BALYASNY ASSET MANAGEMENT L.P.#23 · 1,133,752 sh	1,133,752	$65.5M	0.08%	+699.8%
24	GOLDMAN SACHS GROUP#24 · 1,087,536 sh	1,087,536	$62.8M	<0.01%	+44.1%
25	RENAISSANCE TECHNOLOGIES#25 · 978,626 sh	978,626	$56.5M	0.08%	-5.4%
26	Champlain Investment Partners#26 · 971,864 sh	971,864	$56.1M	1.44%	-57.1%
27	Bank of New York Mellon#27 · 942,747 sh	942,747	$54.4M	<0.01%	-5.7%
28	VANGUARD FIDUCIARY#28 · 858,557 sh	858,557	$49.6M	0.01%	+0.8%
29	TWO SIGMA INVESTMENTS#29 · 702,104 sh	702,104	$40.5M	0.03%	+43.9%
30	COOKE & BIELER#30 · 591,221 sh	591,221	$34.1M	—	-41.2%
31	Alyeska Investment Group, L.P.#31 · 562,834 sh	562,834	$32.5M	0.08%	New
32	Point72 Asset Management, L.P.#32 · 556,267 sh	556,267	$32.1M	0.04%	-9.2%
33	Arbejdsmarkedets Tillaegspension#33 · 529,200 sh	529,200	$30.6M	0.66%	+1.2%
34	ProShare Advisors#34 · 525,551 sh	525,551	$30.4M	0.04%	+11.8%
35	Mutual Advisors#35 · 492,733 sh	492,733	$28.5M	0.54%	0.0%
36	Nuveen#36 · 480,385 sh	480,385	$27.7M	<0.01%	+92.1%
37	MILLENNIUM MANAGEMENT#37 · 440,252 sh	440,252	$25.4M	<0.01%	-32.2%
38	D. E. Shaw#38 · 413,978 sh	413,978	$23.9M	0.01%	-38.6%
39	Invesco Ltd.#39 · 375,071 sh	375,071	$21.7M	<0.01%	+0.9%
40	RHUMBLINE ADVISERS#40 · 372,702 sh	372,702	$21.5M	0.02%	-1.6%
41	Creative Planning#41 · 363,017 sh	363,017	$21.0M	0.01%	+19.9%
42	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#42 · 349,795 sh	349,795	$20.2M	<0.01%	-15.6%
43	River Road Asset Management#43 · 339,962 sh	339,962	$19.6M	0.22%	0.0%
44	SPEECE THORSON CAPITAL GROUP#44 · 332,442 sh	332,442	$19.2M	4.10%	-1.8%
45	Mariner#45 · 317,223 sh	317,223	$18.3M	0.02%	+126.6%
46	Fisher Asset Management#46 · 311,786 sh	311,786	$18.0M	<0.01%	-2.7%
47	PRINCIPAL FINANCIAL GROUP#47 · 307,804 sh	307,804	$17.8M	<0.01%	+0.6%
48	Quantinno Capital Management#48 · 289,041 sh	289,041	$16.7M	0.02%	+39.4%
49	Swiss National Bank#49 · 272,636 sh	272,636	$15.7M	<0.01%	+3.5%
50	FMR#50 · 254,704 sh	254,704	$14.7M	<0.01%	+370.6%
51	SEI INVESTMENTS#51 · 240,797 sh	240,797	$13.9M	0.01%	-14.4%
52	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#52 · 240,411 sh	240,411	$13.9M	<0.01%	-1.6%
53	UMB Bank, n.a.#53 · 231,625 sh	231,625	$13.4M	0.17%	-1.5%
54	VOLORIDGE INVESTMENT MANAGEMENT#54 · 226,538 sh	226,538	$13.1M	0.06%	-51.1%
55	PNC FINANCIAL SERVICES GROUP#55 · 223,390 sh	223,390	$12.9M	<0.01%	-0.8%
56	MONETA GROUP INVESTMENT ADVISORS#56 · 219,551 sh	219,551	$12.7M	0.09%	-11.9%
57	Legal & General Group Plc#57 · 186,494 sh	186,494	$10.8M	<0.01%	+2.4%
58	Cerity Partners#58 · 178,996 sh	178,996	$10.3M	0.01%	+143.0%
59	RAYMOND JAMES FINANCIAL#59 · 172,859 sh	172,859	$10.0M	<0.01%	+16.9%
60	AMERIPRISE FINANCIAL#60 · 149,786 sh	149,786	$8.7M	<0.01%	-62.5%
61	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#61 · 146,924 sh	146,924	$8.5M	0.01%	-2.4%
62	Holocene Advisors#62 · 146,683 sh	146,683	$8.5M	0.02%	-15.6%
63	ALLIANCEBERNSTEIN L.P.#63 · 170,468 sh	170,468	$8.4M	<0.01%	-33.3%
64	Edgestream Partners, L.P.#64 · 143,973 sh	143,973	$8.3M	0.25%	+51.6%
65	Midwest#65 · 142,506 sh	142,506	$8.2M	—	-1.2%
66	Retirement Systems of Alabama#66 · 140,221 sh	140,221	$8.1M	0.02%	-16.5%
67	Waterfront Wealth#67 · 135,802 sh	135,802	$7.9M	1.23%	-1.8%
68	VOYA INVESTMENT MANAGEMENT#68 · 134,316 sh	134,316	$7.8M	<0.01%	-38.7%
69	CITIGROUP#69 · 129,619 sh	129,619	$7.5M	<0.01%	-4.7%
70	MERCER GLOBAL ADVISORS#70 · 125,092 sh	125,092	$7.2M	<0.01%	+171.4%
71	VANGUARD ASSET MANAGEMENT, Ltd#71 · 125,036 sh	125,036	$7.2M	<0.01%	+5.2%
72	IEQ CAPITAL#72 · 124,253 sh	124,253	$7.2M	0.03%	New
73	PRICE T ROWE ASSOCIATES#73 · 122,909 sh	122,909	$7.1M	<0.01%	+5.9%
74	FRANKLIN RESOURCES#74 · 119,616 sh	119,616	$6.9M	<0.01%	+53.8%
75	Numerai GP#75 · 117,080 sh	117,080	$6.8M	0.55%	-16.2%
76	US BANCORP \DE\#76 · 117,061 sh	117,061	$6.8M	<0.01%	-2.0%
77	IFG Advisory#77 · 114,043 sh	114,043	$6.6M	0.23%	+5.2%
78	VAN ECK ASSOCIATES#78 · 103,960 sh	103,960	$6.0M	<0.01%	+1.6%
79	Vest Financial#79 · 101,121 sh	101,121	$5.8M	—	-19.8%
80	OPPENHEIMER#80 · 99,294 sh	99,294	$5.7M	—	0.0%
81	WEALTH ENHANCEMENT ADVISORY SERVICES#81 · 107,840 sh	107,840	$5.7M	—	+406.4%
82	MANUFACTURERS LIFE INSURANCE COMPANY, THE#82 · 98,307 sh	98,307	$5.7M	<0.01%	-1.8%
83	Horizon Investments#83 · 96,147 sh	96,147	$5.6M	0.06%	+3458.4%
84	CAPTRUST FINANCIAL ADVISORS#84 · 94,452 sh	94,452	$5.5M	<0.01%	+85.4%
85	MTM Investment Management#85 · 88,979 sh	88,979	$5.1M	1.47%	+0.8%
86	Man Group plc#86 · 87,804 sh	87,804	$5.1M	<0.01%	+60.0%
87	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#87 · 87,696 sh	87,696	$5.1M	—	+5.3%
88	Hilton Capital Management#88 · 84,290 sh	84,290	$4.9M	0.33%	+22.6%
89	ROYAL BANK OF CANADA#89 · 83,487 sh	83,487	$4.8M	<0.01%	+19.3%
90	Clark & Stuart#90 · 83,351 sh	83,351	$4.8M	—	-0.7%
91	LPL Financial#91 · 82,356 sh	82,356	$4.8M	<0.01%	-28.3%
92	Stonebridge Financial Group#92 · 81,288 sh	81,288	$4.7M	—	+4.4%
93	GREAT WEST LIFE ASSURANCE#93 · 78,260 sh	78,260	$4.5M	<0.01%	+1.8%
94	Freestone Grove Partners#94 · 77,146 sh	77,146	$4.5M	0.03%	New
95	MOSAIC FAMILY WEALTH PARTNERS#95 · 75,783 sh	75,783	$4.4M	0.29%	+10.0%
96	ATWOOD & PALMER#96 · 71,288 sh	71,288	$4.1M	—	-0.7%
97	WILEY BROS.-AINTREE CAPITAL#97 · 69,569 sh	69,569	$4.0M	0.02%	+108.6%
98	MetLife Investment Management#98 · 65,269 sh	65,269	$3.8M	0.02%	-3.1%
99	STIFEL FINANCIAL#99 · 64,780 sh	64,780	$3.7M	<0.01%	+1.9%
100	Rafferty Asset Management#100 · 64,428 sh	64,428	$3.7M	<0.01%	-33.3%

Funds that sold out of CBSH in Q2 2026 (50)

Held CBSH at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held CBSH in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
STRATEGIC VALUE BANK PARTNERS712,590 sh	712,590	$35.1M
Qube Research & Technologies Ltd591,090 sh	591,090	$29.1M
BASSWOOD CAPITAL MANAGEMENT, L.L.C.292,802 sh	292,802	$14.4M
ExodusPoint Capital Management177,005 sh	177,005	$8.7M
Verition Fund Management160,207 sh	160,207	$7.9M
BANC FUNDS86,774 sh	86,774	$4.3M
Quantbot Technologies86,717 sh	86,717	$4.3M
Bayview Asset Management85,000 sh	85,000	$4.2M
AXQ CAPITAL82,450 sh	82,450	$4.1M
JACOBS ASSET MANAGEMENT62,500 sh	62,500	$3.1M
XTX Topco Ltd52,952 sh	52,952	$2.6M
Equitable33,988 sh	33,988	$1.7M
HEALTHCARE OF ONTARIO PENSION PLAN FUND29,200 sh	29,200	$1.4M
NOVEM GROUP22,922 sh	22,922	$1.1M
Beacon Pointe Advisors17,351 sh	17,351	$853.7K
FORA Capital14,589 sh	14,589	$717.9K
SummitTX Capital, L.P.11,156 sh	11,156	$548.9K
MQS Management10,014 sh	10,014	$492.7K
MIRABELLA FINANCIAL SERVICES LLP9,603 sh	9,603	$472.5K
UNITED CAPITAL FINANCIAL ADVISORS9,379 sh	9,379	$461.4K
FIRST MANHATTAN8,587 sh	8,587	$422.5K
O'SHAUGHNESSY ASSET MANAGEMENT7,984 sh	7,984	$392.8K
Convergence Financial7,594 sh	7,594	$373.6K
Laurion Capital Management7,497 sh	7,497	$368.9K
Jump Financial6,342 sh	6,342	$312.0K
GTS SECURITIES6,215 sh	6,215	$305.8K
Atom Investors5,660 sh	5,660	$278.5K
ARMISTICE CAPITAL4,269 sh	4,269	$210.0K
Missouri & Investment3,032 sh	3,032	$149.2K
Aquatic Capital Management2,867 sh	2,867	$141.1K
CoreFirst Bank1,539 sh	1,539	$75.7K
NATIXIS1,201 sh	1,201	$59.1K
Root Financial Partners623 sh	623	$30.7K
Clarity Asset Management614 sh	614	$30.2K
Ancora Advisors584 sh	584	$28.7K
Advisory Services Network530 sh	530	$26.1K
Asset Dedication510 sh	510	$25.1K
CoreCap Advisors385 sh	385	$19.0K
TWIN PEAKS WEALTH ADVISORS209 sh	209	$10.3K
Bank115 sh	115	$5.7K
Wealth Preservation Advisors103 sh	103	$5.1K
CNB Bank67 sh	67	$3.3K
Whipplewood Advisors31 sh	31	$1.5K
PICTON MAHONEY ASSET MANAGEMENT18 sh	18	$886.00
Vermillion Wealth Management12 sh	12	$590.00
Intentional Wealth Strategies8 sh	8	$394.00
HARBOUR INVESTMENTS5 sh	5	$246.00
CURIO WEALTH3 sh	3	$148.00
Sound Income Strategies1 sh	1	$49.00
Destiny Wealth Partners1 sh	1	$37.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.