# COMMERCE BANK

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1009076. Source: https://holderbook.com/funds/1009076-commerce-bank/

- Reported value: $22.8B
- Positions: 1,332
- Weight of the ten largest: 29.3%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2B | 4,274,243 | 5.4% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0B | 5,152,698 | 4.5% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $953.7M | 2,668,769 | 4.2% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $810.3M | 2,172,142 | 3.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $623.0M | 2,613,793 | 2.7% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $542.9M | 1,437,167 | 2.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $424.8M | 1,297,817 | 1.9% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $370.7M | 496,436 | 1.6% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $356.8M | 476,427 | 1.6% | 31 |
| COMMERCE BANCSHARES INC | [CBSH](https://holderbook.com/stocks/CBSH/) | $316.0M | 5,472,030 | 1.4% | 31 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $314.8M | 1,912,761 | 1.4% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $287.9M | 270,388 | 1.3% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $274.6M | 777,110 | 1.2% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $255.0M | 1,219,953 | 1.1% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $251.6M | 990,481 | 1.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $235.4M | 196,251 | 1.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $234.8M | 684,312 | 1.0% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $226.7M | 1,657,796 | 1.0% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $224.2M | 1,805,561 | 1.0% | 31 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $223.1M | 1,523,545 | 1.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $220.2M | 390,909 | 1.0% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $209.3M | 1,427,236 | 0.9% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $206.7M | 688,092 | 0.9% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $201.3M | 590,311 | 0.9% | 31 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $187.1M | 1,740,607 | 0.8% | 31 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $172.9M | 909,315 | 0.8% | 31 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $163.1M | 961,845 | 0.7% | 22 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $160.9M | 663,733 | 0.7% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $159.2M | 1,238,538 | 0.7% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $158.8M | 1,439,471 | 0.7% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $142.0M | 1,618,174 | 0.6% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $140.9M | 518,029 | 0.6% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $140.6M | 143,758 | 0.6% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $139.6M | 516,595 | 0.6% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $139.4M | 1,230,691 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $139.1M | 278,038 | 0.6% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $136.9M | 370,029 | 0.6% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $134.6M | 534,937 | 0.6% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $134.3M | 195,515 | 0.6% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $127.8M | 254,838 | 0.6% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $123.6M | 1,735,215 | 0.5% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $121.3M | 639,400 | 0.5% | 25 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $117.0M | 530,801 | 0.5% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $110.3M | 117,857 | 0.5% | 31 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $107.5M | 262,586 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $105.0M | 2,065,807 | 0.5% | 31 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $103.9M | 137,489 | 0.5% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $103.7M | 294,005 | 0.5% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $102.8M | 176,903 | 0.5% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $100.8M | 736,935 | 0.4% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $99.6M | 86,245 | 0.4% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $98.8M | 596,079 | 0.4% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $98.7M | 840,564 | 0.4% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $98.1M | 139,449 | 0.4% | 31 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $96.1M | 5,025,345 | 0.4% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $93.5M | 900,221 | 0.4% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $92.9M | 256,448 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $90.3M | 175,894 | 0.4% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $89.0M | 657,437 | 0.4% | 31 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $88.6M | 173,897 | 0.4% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $87.7M | 294,181 | 0.4% | 31 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $85.7M | 206,312 | 0.4% | 31 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $85.2M | 216,194 | 0.4% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $83.4M | 163,693 | 0.4% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $82.7M | 577,581 | 0.4% | 31 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $82.3M | 408,099 | 0.4% | 8 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $81.9M | 111,281 | 0.4% | 31 |
| ISHARES TR | [IWL](https://holderbook.com/stocks/IWL/) | $80.6M | 435,916 | 0.4% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $80.3M | 188,369 | 0.4% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $80.1M | 399,359 | 0.4% | 31 |
| US FOODS HLDG CORP | [USFD](https://holderbook.com/stocks/USFD/) | $77.1M | 753,951 | 0.3% | 6 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $74.1M | 150,857 | 0.3% | 26 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $73.7M | 386,719 | 0.3% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $71.8M | 866,446 | 0.3% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $69.7M | 109,943 | 0.3% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $69.3M | 1,161,053 | 0.3% | 31 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $68.7M | 310,507 | 0.3% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $67.2M | 870,881 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $66.2M | 1,162,453 | 0.3% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $65.3M | 366,169 | 0.3% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $64.5M | 54,888 | 0.3% | 9 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $63.7M | 883,314 | 0.3% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $62.5M | 61,807 | 0.3% | 31 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $61.9M | 145,100 | 0.3% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $60.9M | 273,130 | 0.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $60.7M | 414,252 | 0.3% | 31 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $60.3M | 172,117 | 0.3% | 30 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $57.9M | 366,684 | 0.3% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $57.1M | 593,221 | 0.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $54.3M | 129,078 | 0.2% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $53.6M | 555,218 | 0.2% | 31 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $53.6M | 419,053 | 0.2% | 25 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $52.9M | 651,120 | 0.2% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $51.7M | 124,329 | 0.2% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $50.9M | 98,126 | 0.2% | 14 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $50.7M | 302,129 | 0.2% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $49.0M | 323,332 | 0.2% | 31 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $48.4M | 216,271 | 0.2% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $47.8M | 216,276 | 0.2% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $47.6M | 667,253 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.2% | +14.8% | -3.6% | 100% |
| Q1 2026 | -3.3% | -4.6% | +1.4% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.1% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +8.8% | +10.5% | -1.7% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.5% | 100% |
| Q4 2024 | +1.2% | +2.1% | -0.9% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $22.8B | 1,332 |
| Q1 2026 | $20.7B | 1,310 |
| Q4 2025 | $18.1B | 1,240 |
| Q3 2025 | $18.0B | 1,230 |
| Q2 2025 | $16.9B | 1,189 |
| Q1 2025 | $15.7B | 1,174 |
| Q4 2024 | $16.2B | 1,177 |
| Q3 2024 | $16.3B | 1,217 |
| Q2 2024 | $15.4B | 1,195 |
| Q1 2024 | $15.1B | 1,194 |
| Q4 2023 | $14.1B | 1,179 |
| Q3 2023 | $12.7B | 1,145 |