Institutional Manager · CIK 0001009076
COMMERCE BANK
KANSAS CITY, MO · File #028-05260
Latest AUM
$18.11B
Positions
2,383
Top-10 Concentration
50.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | UNION PAC CORP | UNP | +119,236 | +$27.6M | $0 |
| REDUCE | WALMART INC | WMT | -214,964 | -$23.9M | +$2.0M |
| NEW | THERMO FISHER SCIENTIFIC INC | TMO | +36,532 | +$21.2M | $0 |
| NEW | PARKER-HANNIFIN CORP | PH | +23,862 | +$21.0M | $0 |
| NEW | ISHARES TR | 464287556 | +110,063 | +$18.6M | $0 |
| NEW | NVENT ELECTRIC PLC | NVT | +165,969 | +$16.9M | $0 |
| NEW | CAPITAL ONE FINL CORP | 14040H105 | +58,362 | +$14.1M | $0 |
| NEW | TE CONNECTIVITY PLC | TEL | +57,712 | +$13.1M | $0 |
| ADD | ORACLE CORP | ORCL-PD | +64,274 | +$12.5M | -$1.9M |
| NEW | NEXTERA ENERGY INC | NEE-PW | +138,467 | +$11.1M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20252,383 pos · $18.11B
- 13F HOLDINGS REPORTQ/E Sep 20252,391 pos · $17.97B
- 13F HOLDINGS REPORTQ/E Jun 20252,347 pos · $16.94B
- 13F HOLDINGS REPORTQ/E Mar 20252,334 pos · $15.67B
- 13F HOLDINGS REPORTQ/E Dec 20242,363 pos · $16.22B
- 13F HOLDINGS REPORTQ/E Sep 20242,429 pos · $16.32B
- 13F HOLDINGS REPORTQ/E Jun 20242,403 pos · $15.44B
- 13F HOLDINGS REPORTQ/E Mar 20242,405 pos · $15.12B
- 13F HOLDINGS REPORTQ/E Dec 20232,283 pos · $12.70B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 3,012,230 | $818.9M | 8.80% |
| 2 | MICROSOFT CORP | MSFT | 1,521,924 | $736.0M | 7.91% |
| 3 | NVIDIA CORPORATION | NVDA | 3,911,499 | $729.5M | 7.84% |
| 4 | ALPHABET INC | GOOG | 2,144,021 | $671.1M | 7.21% |
| 5 | AMAZON COM INC | AMZN | 1,890,184 | $436.3M | 4.69% |
| 6 | BROADCOM INC | AVGO | 1,018,608 | $352.5M | 3.79% |
| 7 | JPMORGAN CHASE & CO | VYLD | 976,076 | $314.5M | 3.38% |
| 8 | ISHARES TR | 464287473 | 1,619,847 | $228.5M | 2.46% |
| 9 | APPLE INC | AAPL | 720,683 | $195.9M | 2.11% |
| 10 | META PLATFORMS INC | META | 293,135 | $193.5M | 2.08% |
| 11 | VISA INC | V | 538,895 | $189.0M | 2.03% |
| 12 | ISHARES TR | 464287481 | 1,337,070 | $183.1M | 1.97% |
| 13 | COMMERCE BANCSHARES INC | CBSH | 3,469,458 | $181.6M | 1.95% |
| 14 | MICROSOFT CORP | MSFT | 367,557 | $177.8M | 1.91% |
| 15 | MORGAN STANLEY | MS-PQ | 963,814 | $171.1M | 1.84% |
| 16 | ISHARES TR | 464287614 | 340,726 | $161.3M | 1.73% |
| 17 | ISHARES TR | 464287200 | 216,839 | $148.5M | 1.60% |
| 18 | ELI LILLY & CO | LLY | 135,355 | $145.7M | 1.57% |
| 19 | EXXON MOBIL CORP | XOM | 1,193,562 | $143.6M | 1.54% |
| 20 | JOHNSON & JOHNSON | JNJ | 681,922 | $141.1M | 1.52% |