Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in CBSH held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 12.9M | $636.4M | +5.9% | 8.806% | 0.01% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 8.8M | $433.2M | — | 5.994% | 0.02% |
| 3 | STATE STREET CORP | 7.1M | $347.7M | -3.5% | 4.811% | 0.01% |
| 4 | COMMERCE BANK | 7.0M | $344.9M | +23.8% | 4.773% | 1.67% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 6.2M | $306.3M | — | 4.239% | 0.01% |
| 6 | AMERICAN CENTURY COMPANIES INC | 6.2M | $306.2M | +31.4% | 4.237% | 0.16% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 3.9M | $194.0M | +29.3% | 2.685% | 0.04% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 3.0M | $146.4M | +7.0% | 2.026% | 0.01% |
| 9 | FIRST TRUST ADVISORS LP | 2.6M | $128.4M | +11.0% | 1.777% | 0.09% |
| 10 | MORGAN STANLEY | 2.3M | $112.8M | -6.0% | 1.561% | 0.01% |
| 11 | Champlain Investment Partners, LLC | 2.3M | $111.5M | +101.5% | 1.542% | 1.41% |
| 12 | WELLS FARGO & COMPANY/MN | 2.1M | $101.7M | -1.8% | 1.407% | 0.02% |
| 13 | Boston Trust Walden Corp | 1.9M | $95.2M | -7.2% | 1.317% | 0.78% |
| 14 | AQR CAPITAL MANAGEMENT LLC | 1.9M | $91.4M | +46.2% | 1.269% | 0.04% |
| 15 | UBS Group AG | 1.3M | $64.2M | +7.6% | 0.888% | 0.01% |
| 16 | VICTORY CAPITAL MANAGEMENT INC | 1.3M | $62.3M | +10.6% | 0.863% | 0.04% |
| 17 | NORTHERN TRUST CORP | 1.2M | $60.8M | +6.8% | 0.841% | 0.01% |
| 18 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.2M | $58.8M | +13.1% | 0.814% | 0.01% |
| 19 | RENAISSANCE TECHNOLOGIES LLC | 1.0M | $50.9M | -0.3% | 0.705% | 0.08% |
| 20 | BANK OF AMERICA CORP /DE/ | 1.0M | $50.8M | +62.9% | 0.703% | 0.00% |
| 21 | COOKE & BIELER LP | 1.0M | $49.5M | +1.0% | 0.684% | 0.56% |
| 22 | Bank of New York Mellon Corp | 999K | $49.2M | +2.7% | 0.680% | 0.01% |
| 23 | VANGUARD FIDUCIARY TRUST CO | 852K | $41.9M | — | 0.580% | 0.01% |
| 24 | CITADEL ADVISORS LLC | 760K | $37.4M | -26.9% | 0.517% | 0.02% |
| 25 | GOLDMAN SACHS GROUP INC | 755K | $37.1M | -11.3% | 0.514% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in CBSH — a direct measure of their conviction.
Filings activity in CBSH during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 460 | +2.2% | 60.64% | 1.76 pp | $4.97B | 2.8% |
| Q4 2025 | 450 | 2.6% | 62.40% | 5.36 pp | $5.12B | 7.9% |
| Q3 2025 | 462 | 5.1% | 67.76% | 16.21 pp | $5.56B | 19% |
| Q2 2025 | 487 | +6.1% | 83.97% | +15.27 pp | $6.88B | +22% |
| Q1 2025 | 459 | 0.6% | 68.70% | 1.69 pp | $5.63B | 2.4% |
| Q4 2024 | 462 | +6.0% | 70.39% | 6.73 pp | $5.77B | 8.7% |
| Q3 2024 | 436 | +12% | 77.12% | +19.24 pp | $6.32B | +33% |
| Q2 2024 | 391 | — | 57.88% | — | $4.75B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying CBSH stock.
Based on Q1 2026 13F filings, institutional ownership of Commerce Bancshares, Inc. stands at 60.6%, held across 460 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of CBSH, with approximately 12,934,752 shares worth $0.64B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of CBSH, including RENAISSANCE TECHNOLOGIES LLC, CITADEL ADVISORS LLC.
Our composite Smart Money Score for CBSH is 46 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
79 institutions opened new positions in CBSH during Q1 2026, while 69 fully exited. 109 added to existing positions and 267 trimmed.
CBSH institutional ownership fell by 1.76 percentage points quarter-over-quarter, with a net change of +10 holders.
The top 10 institutions account for 59.5% of all reported 13F value in CBSH, and the top 25 account for 78.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Commerce Bancshares, Inc. (CBSH) Institutional Ownership