COMMERCE BANK

Bank

CIK

1009076

Location

KANSAS CITY, MO

Portfolio Value

Large $16,574,561,656

Diversification

Diversified

Reports for

COMMERCE BANCSHARES INC /MO/ COMMERCE INVESTMENT ADVISORS, INC.

Filing Date

Global Rank

#287 / 8,636 ▲ 27 · as of Mar 2026

Top Industry

Semiconductors 9.8%

3Y Alpha vs SPY

-1.9%

Period ended 4 months ago

Filed May 11, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+69.3%

SPY

+77.0%

Annualised alpha

-1.8%

Max drawdown

−17.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

1,015 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.6%

−0.4 pts

Top 5

26.2%

−3.3 pts

Top 10

37.1%

−3.0 pts

HHI

201

Diversified−34

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	27.9%	$4,620,191,023	147
Financial Services	13.7%	$2,276,392,021	184
Industrials	12.3%	$2,036,883,189	155
Communication Services	9.8%	$1,625,092,623	33
Healthcare	9.3%	$1,536,025,709	116
Consumer Cyclical	8.7%	$1,438,179,604	111
Consumer Defensive	5.8%	$953,204,224	58
Energy	4.5%	$749,424,286	58
Unclassified	3.5%	$583,660,907	15
Utilities	2.7%	$452,761,437	43
Real Estate	1.0%	$163,329,673	52
Basic Materials	0.8%	$139,416,960	43

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
UPS	United Parcel Service Inc	+1,716,778	1,742,900	$171,466,502
CBSH	Commerce Bancshares Inc /Mo/	+1,349,466	7,010,289	$344,906,218
AAPL	Apple Inc.	+509,288	4,322,486	$1,097,003,720
CMRC	Commerce.com, Inc.	+433,409	1,000,000	$2,670,000
NVDA	Nvidia Corp	+423,446	5,144,377	$897,179,348
GOOGL	Alphabet Inc.	+361,021	3,481,760	$1,000,663,369
NEE	Nextera Energy Inc	+351,045	1,510,854	$140,328,118
KNX	Knight-Swift Transportation Holdings Inc.	+348,566	354,770	$20,427,655
AMZN	Amazon Com Inc	+304,540	2,614,216	$544,462,764
BP	Bp PLC	+259,099	319,432	$15,013,304
MRK	Merck & Co., Inc.	+255,241	1,188,031	$142,908,247
SPY	Spdr S&P 500 ETF Trust	+250,856	501,503	$326,147,460
AVGO	Broadcom Inc.	+244,782	1,482,845	$458,955,355
MSFT	Microsoft Corp	+232,229	2,162,350	$800,437,098
PPL	PPL Corp	+226,154	269,040	$10,277,327
CSCO	Cisco Systems, Inc.	+221,381	898,556	$69,718,958
TJX	Tjx Companies Inc /De/	+193,580	322,797	$51,550,679
KO	Coca Cola Co	+193,040	658,359	$50,068,201
SHEL	Shell plc	+169,721	212,562	$19,768,266
JPM	Jpmorgan Chase & Co	+168,612	1,350,694	$397,320,146
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	+162,867	323,794	$4,623,778
PFE	Pfizer Inc	+158,900	1,678,280	$47,126,101
MRVL	Marvell Technology, Inc.	+156,347	187,762	$18,597,825
STAG	STAG Industrial, Inc.	+155,599	172,926	$6,235,711
HBAN	Huntington Bancshares Inc /Md/	+154,220	252,514	$3,951,844
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TOST	Toast, Inc.	−617,508	232,429	$6,161,692
T	At&T Inc.	−517,440	1,022,813	$29,651,348
VVV	Valvoline Inc	−352,600	388,432	$13,082,389
PTC	Ptc Inc.	−171,218	110,562	$15,753,977
BX	Blackstone Inc.	−118,931	197,584	$22,720,183
NOW	ServiceNow, Inc.	−117,562	300,777	$31,446,235
UBER	Uber Technologies, Inc	−86,354	958,868	$68,971,374
PLTR	Palantir Technologies Inc.	−69,400	273,736	$40,042,102
BSY	Bentley Systems Inc	−59,792	30,265	$1,062,906
HPQ	Hp Inc	−52,569	138,789	$2,666,136
RSG	Republic Services, Inc.	−52,425	106,201	$23,260,142
CELH	Celsius Holdings, Inc.	−45,598	703,352	$24,954,928
DT	Dynatrace, Inc.	−43,984	87,179	$3,223,878
PSKY	Paramount Skydance Corp	−36,699	24,048	$216,912
CPRT	Copart Inc	−32,650	54,131	$1,797,148
RRX	Regal Rexnord Corp	−25,955	194,554	$36,432,181
TMUS	T-Mobile US, Inc.	−20,839	471,246	$98,975,796
DBX	Dropbox, Inc.	−18,698	196,091	$4,455,186
CRM	Salesforce, Inc.	−16,937	66,013	$12,322,646
CRWD	CrowdStrike Holdings, Inc.	−14,096	55,804	$21,786,439
MASI	Masimo Corp	−13,145	4,731	$0
H	Hyatt Hotels Corp	−13,135	2,563	$368,533
FCX	Freeport-Mcmoran Inc	−13,025	252,340	$14,832,544
NDAQ	Nasdaq, Inc.	−13,007	298,344	$25,326,421
COLB	Columbia Banking System, Inc.	−13,000	21,546	$591,006
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CALY	Callaway Golf Co	667,605	$9,266,357
CHWY	Chewy, Inc.	284,726	$7,687,602
AZN	Astrazeneca PLC	14,028	$2,766,601
AUB	Atlantic Union Bankshares Corp	64,539	$2,306,623
RY	Royal Bank Of Canada	13,683	$2,213,635
DNP	Dnp Select Income Fund Inc	161,102	$1,659,350
NJR	New Jersey Resources Corp	17,966	$986,692
FSS	Federal Signal Corp /De/	7,376	$797,640
PNFP	Pinnacle Financial Partners, Inc.	8,223	$708,328
SMP	Standard Motor Products, Inc.	20,204	$701,886
CRS	Carpenter Technology Corp	1,737	$684,638
USO	United States Oil Fund, LP	5,270	$670,607
CGNX	Cognex Corp	13,098	$641,670
HROW	Harrow, Inc.	17,430	$614,581
RCI	Rogers Communications Inc	14,089	$541,722
FNLC	First Bancorp, Inc /ME/	17,150	$480,714
CGBD	Carlyle Secured Lending, Inc.	40,381	$441,768
CLS	Celestica Inc	1,543	$434,631
CE	Celanese Corp	6,498	$427,373
WSFS	Wsfs Financial Corp	6,515	$426,471
QXO	QXO, Inc.	21,578	$419,044
FMX	Mexican Economic Development Inc	3,707	$411,698
CECO	Ceco Environmental Corp	6,033	$359,446
CALM	Cal-Maine Foods Inc	4,400	$348,260
OMAB	Central North Airport Group	3,000	$344,190
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ONON	On Holding AG	40,157	$1,866,496
SMCI	Super Micro Computer, Inc.	61,847	$1,810,261
SLGN	Silgan Holdings Inc	13,660	$551,453
ADC	Agree Realty Corp	5,824	$419,502
INSP	Inspire Medical Systems, Inc.	3,888	$358,590
RELX	Relx PLC	8,732	$352,947
ZG	Zillow Group, Inc.	4,626	$315,585
PRI	Primerica, Inc.	1,196	$308,998
TTEK	Tetra Tech Inc	9,191	$308,266
LAD	Lithia Motors Inc	916	$304,413
GBTC	Grayscale Bitcoin Trust ETF	4,311	$294,699
AYI	Acuity Inc. (De)	790	$284,431
THO	Thor Industries Inc	2,563	$263,142
OLED	Universal Display Corp Pa	2,225	$259,835
LEU	Centrus Energy Corp	1,022	$248,100
SE	Sea Ltd	1,795	$228,987
BEPC	Brookfield Renewable Corp	5,894	$225,975
PAYC	Paycom Software, Inc.	1,401	$223,263
INVH	Invitation Homes Inc.	7,962	$221,263
DOCS	Doximity, Inc.	4,912	$217,503
LZB	La-Z-Boy Inc	5,679	$211,655
RACE	Ferrari N.V.	571	$211,018
ROKU	Roku, Inc	1,920	$208,300
PACS	PACS Group, Inc.	5,400	$207,306
QRVO	Qorvo, Inc.	2,452	$207,218
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,015 tracked positions · $16,574,561,656 total · filing declares 2,449 positions · $20,653,949,912 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,015 positions by value · page 1 of 21

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	4,322,486	+509,288	$1,097,003,720	+5.8%	6.62%
GOOGL	Alphabet Inc. Communication Services	Added	3,481,760	+361,021	$1,000,663,369	+2.4%	6.04%
NVDA	Nvidia Corp Technology	Added	5,144,377	+423,446	$897,179,348	+1.9%	5.41%
MSFT	Microsoft Corp Technology	Added	2,162,350	+232,229	$800,437,098	−14.2%	4.83%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,614,216	+304,540	$544,462,764	+2.1%	3.28%
AVGO	Broadcom Inc. Technology	Added	1,482,845	+244,782	$458,955,355	+7.1%	2.77%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,350,694	+168,612	$397,320,146	+4.3%	2.40%
CBSH	Commerce Bancshares Inc /Mo/ Financial Services	Reduced	7,010,289	-7,112,893	$344,906,218	−53.3%	2.08%
SPY	Spdr S&P 500 ETF Trust	Added	501,503	+250,856	$326,147,460	+90.8%	1.97%
XOM	ExxonMobil Holdings Corp Energy	Added	1,669,788	+149,761	$283,296,230	+54.9%	1.71%
JNJ	Johnson & Johnson Healthcare	Added	971,935	+98,000	$237,579,790	+31.4%	1.43%
META	Meta Platforms, Inc. Communication Services	Added	414,189	+51,826	$236,969,952	−0.9%	1.43%
MS	Morgan Stanley Financial Services	Added	1,286,011	+126,137	$211,638,829	+2.8%	1.28%
V	Visa Inc. Financial Services	Added	695,201	+42,239	$210,117,550	−8.2%	1.27%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	1,451,144	+122,860	$209,603,238	+10.1%	1.26%
CAT	Caterpillar Inc Industrials	Added	259,482	+48,480	$183,832,617	+52.1%	1.11%
LLY	ELI LILLY & Co Healthcare	Added	191,230	+15,667	$175,887,616	−6.8%	1.06%
UPS	United Parcel Service Inc Industrials	Added	1,742,900	+1,716,778	$171,466,502	+6517.7%	1.03%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	281,127	+38,628	$170,599,098	+28.1%	1.03%
MCD	Mcdonalds Corp Consumer Cyclical	Added	520,571	+29,076	$161,788,260	+7.7%	0.98%
WMT	Walmart Inc. Consumer Defensive	Added	1,240,877	+152,094	$154,216,192	+27.1%	0.93%
MRK	Merck & Co., Inc. Healthcare	Added	1,188,031	+255,241	$142,908,247	+45.5%	0.86%
NEE	Nextera Energy Inc Utilities	Added	1,510,854	+351,045	$140,328,118	+50.7%	0.85%
NVT	nVent Electric plc Industrials	Reduced	1,107,218	-5,697	$130,961,744	+15.4%	0.79%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	263,371	+31,053	$129,454,747	−3.8%	0.78%
PH	Parker-Hannifin Corp Industrials	Reduced	144,109	-794	$129,012,140	+1.3%	0.78%
LOW	Lowes Companies Inc Consumer Cyclical	Added	536,943	+45,818	$126,868,891	+7.1%	0.77%
RTX	RTX Corp Industrials	Added	648,741	+142,343	$125,142,138	+34.7%	0.76%
CVX	Chevron Corp Energy	Added	603,977	+51,731	$124,962,840	+48.5%	0.75%
UNP	Union Pacific Corp Industrials	Added	514,801	+38,271	$124,901,018	+13.3%	0.75%
MCK	Mckesson Corp Healthcare	Added	139,447	+920	$120,671,854	+6.2%	0.73%
NOC	Northrop Grumman Corp /De/ Industrials	Added	175,672	+16,440	$119,850,464	+32.0%	0.72%
ABBV	AbbVie Inc. Healthcare	Added	545,072	+80,665	$118,547,708	+11.7%	0.72%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	116,977	+5,042	$116,559,390	+20.8%	0.70%
PEP	Pepsico Inc Consumer Defensive	Added	676,923	+22,453	$105,119,371	+11.9%	0.63%
HD	Home Depot, Inc. Consumer Cyclical	Added	305,580	+87,487	$100,502,204	+33.9%	0.61%
LMT	Lockheed Martin Corp Industrials	Added	164,409	+18,389	$99,367,154	+40.7%	0.60%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	471,246	-20,839	$98,975,796	−0.9%	0.60%
ET	Energy Transfer LP Energy	Added	5,028,697	+36,303	$97,053,851	+17.9%	0.59%
PANW	Palo Alto Networks Inc Technology	Added	585,099	+92,251	$93,803,070	+3.3%	0.57%
AEP	American Electric Power Co Inc Utilities	Added	715,376	+26,483	$93,771,485	+18.0%	0.57%
AMGN	Amgen Inc Healthcare	Added	259,907	+36,198	$91,448,277	+24.9%	0.55%
MSI	Motorola Solutions, Inc. Technology	Added	202,837	+2,170	$88,025,172	+14.4%	0.53%
MA	Mastercard Inc Financial Services	Added	174,961	+50,320	$87,421,012	+22.9%	0.53%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	141,154	+114,538	$87,058,140	+442.2%	0.53%
TEL	TE Connectivity plc Technology	Added	414,423	+38,856	$86,622,695	+1.4%	0.52%
COF	Capital One Financial Corp Financial Services	Added	424,153	+28,889	$77,378,231	−19.2%	0.47%
EMR	Emerson Electric Co Industrials	Added	569,211	+73,263	$74,578,024	+13.3%	0.45%
USFD	US Foods Holding Corp. Consumer Defensive	Reduced	761,815	-2,113	$70,246,960	+22.1%	0.42%
CSCO	Cisco Systems, Inc. Technology	Added	898,556	+221,381	$69,718,958	+33.7%	0.42%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.