Q2 2026 13F · SEC CIK 1009076

Commerce Bank

Bank & trustFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $22.8B
Reported positions: 1,332
Top holdings a year, 3 yrs: +21.9%
Average holding period: 10.3 yrs

Commerce Bank is a bank & trust that reported 1,332 positions worth $22.8B in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Apple Inc (AAPL, 5.4%), Nvidia Corporation (NVDA, 4.5%), Alphabet Inc (GOOGL, 4.2%). A portfolio copying its top holdings returned 21.9% a year over the last 3 years, against 20.4% for the S&P 500.

Commerce Bank holdings largest 50 of 1,332 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Commerce Bank 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AAPLApple Inc	5.4%	5.3%	4,274,243	-1.1%	$1.2B
NVDANvidia Corporation	4.5%	4.3%	5,152,698	+0.2%	$1.0B
GOOGLAlphabet Inc	4.2%	3.8%	2,668,769	-0.9%	$953.7M
MSFTMicrosoft Corp	3.6%	3.9%	2,172,142	+0.5%	$810.3M
AMZNAmazon Com Inc	2.7%	2.6%	2,613,793	-0.0%	$623.0M
AVGOBroadcom Inc	2.4%	2.2%	1,437,167	-3.1%	$542.9M
JPMJpmorgan Chase & Co	1.9%	1.9%	1,297,817	-3.9%	$424.8M
SPYState Str Spdr S&p 500 ETF T	1.6%	1.6%	496,436	-1.0%	$370.7M
IVVIshares Tr	1.6%	1.5%	476,427	+1.7%	$356.8M
CBSHCommerce Bancshares Inc	1.4%	1.7%	5,472,030	-21.9%	$316.0M
IWSIshares Tr	1.4%	1.4%	1,912,761	-3.4%	$314.8M
CATCaterpillar Inc	1.3%	0.9%	270,388	+4.2%	$287.9M
GOOGAlphabet Inc	1.2%	1.1%	777,110	-1.4%	$274.6M
MSMorgan Stanley	1.1%	1.0%	1,219,953	-5.1%	$255.0M
JNJJohnson & Johnson	1.1%	1.1%	990,481	+1.9%	$251.6M
LLYEli Lilly & Co	1.0%	0.9%	196,251	+2.6%	$235.4M
VVisa Inc	1.0%	1.0%	684,312	-1.6%	$234.8M
XOMExxon Mobil Corp	1.0%	1.4%	1,657,796	-0.7%	$226.7M
IWFIshares Tr	1.0%	1.0%	1,805,561	+288.6%	$224.2M
IWPIshares Tr	1.0%	1.0%	1,523,545	-5.8%	$223.1M
METAMeta Platforms Inc	1.0%	1.1%	390,909	-5.6%	$220.2M
PGProcter & Gamble Co	0.9%	1.0%	1,427,236	-1.6%	$209.3M
IWMIshares Tr	0.9%	0.8%	688,092	+0.9%	$206.7M
PANWPalo Alto Networks Inc	0.9%	—	590,311	—	$201.3M
UPSUnited Parcel Svcs Inc	0.8%	0.8%	1,740,607	-0.1%	$187.1M
IBBIshares Tr	0.8%	0.7%	909,315	+3.1%	$172.9M
NVTNvent Elec PLC	0.7%	0.6%	961,845	-13.1%	$163.1M
IWDIshares Tr	0.7%	0.7%	663,733	-6.1%	$160.9M
MRKMerck & Co Inc	0.7%	0.7%	1,238,538	+4.3%	$159.2M
IWRIshares Tr	0.7%	0.7%	1,439,471	-2.6%	$158.8M
NEENextera Energy Inc	0.6%	0.7%	1,618,174	+7.1%	$142.0M
UNPUnion Pac Corp	0.6%	0.6%	518,029	+0.6%	$140.9M
PHParker-Hannifin Corp	0.6%	0.6%	143,758	-0.2%	$140.6M
MCDMcdonalds Corp	0.6%	0.8%	516,595	-0.8%	$139.6M
WMTWalmart Inc	0.6%	0.7%	1,230,691	-0.8%	$139.4M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.7%	278,038	-1.1%	$139.1M
VTIVanguard Index Fds	0.6%	—	370,029	—	$136.9M
ABBVAbbvie Inc	0.6%	0.6%	534,937	-1.9%	$134.6M
VOOVanguard Index Fds	0.6%	0.5%	195,515	+5.3%	$134.3M
TMOThermo Fisher Scientific Inc	0.6%	0.6%	254,838	-3.2%	$127.8M
VEAVanguard Ftse Developed Markets Index Fu	0.5%	0.5%	1,735,215	+5.5%	$123.6M
RTXRtx Corporation	0.5%	0.6%	639,400	-1.4%	$121.3M
LOWLowes Cos Inc	0.5%	0.6%	530,801	-1.1%	$117.0M
COSTCostco Wholesale Corporation	0.5%	0.6%	117,857	+0.8%	$110.3M
IWBIshares Tr	0.5%	—	262,586	—	$107.5M
XLBSelect Sector Spdr Tr	0.5%	0.5%	2,065,807	+1.4%	$105.0M
MCKMckesson Corp	0.5%	0.6%	137,489	-1.4%	$103.9M
HDHome Depot Inc	0.5%	0.5%	294,005	-3.8%	$103.7M
AMDAdvanced Micro Devices Inc	0.5%	—	176,903	—	$102.8M
AEPAmerican Elec Pwr Co Inc	0.4%	—	736,935	—	$100.8M

What Commerce Bank bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

IWF Ishares Tr+288.6% shares
NEE Nextera Energy Inc+7.1% shares
VEA Vanguard Ftse Developed Markets Index Fu+5.5% shares
VOO Vanguard Index Fds+5.3% shares

Reduced

CBSH Commerce Bancshares Inc-21.9% shares
NVT Nvent Elec PLC-13.1% shares
IWD Ishares Tr-6.1% shares
IWP Ishares Tr-5.8% shares
META Meta Platforms Inc-5.6% shares
MS Morgan Stanley-5.1% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +20.7% /yr; S&P 500 +20.1%
3 years: +21.9% /yr; S&P 500 +20.4%
5 years: +11.9% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F 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

Questions about Commerce Bank's portfolio

What stocks does Commerce Bank own?

Commerce Bank's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 1,332 positions worth $22.8B. The largest are Apple Inc (AAPL) at 5.4%, Nvidia Corporation (NVDA) at 4.5%, Alphabet Inc (GOOGL) at 4.2%, Microsoft Corp (MSFT) at 3.6% and Amazon Com Inc (AMZN) at 2.7%.

What did Commerce Bank buy last quarter?

In Q2 2026, Commerce Bank added Ishares Tr (IWF) (+288.6% shares), Nextera Energy Inc (NEE) (+7.1% shares) and Vanguard Ftse Developed Markets Index Fu (VEA) (+5.5% shares), compared with its Q1 2026 filing.

What did Commerce Bank sell last quarter?

In Q2 2026, Commerce Bank cut from its top 50 Chevron Corporation (CVX), cut from its top 50 Northrop Grumman Corp (NOC), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Lockheed Martin Corp (LMT), cut from its top 50 T-Mobile US Inc (TMUS), Commerce Bancshares Inc (CBSH) (-21.9% shares), Nvent Elec PLC (NVT) (-13.1% shares) and Ishares Tr (IWD) (-6.1% shares), compared with its Q1 2026 filing.

How has Commerce Bank's portfolio performed?

A portfolio copying Commerce Bank's 20 largest 13F holdings each quarter, from the day each filing was public, returned +21.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.7% against +20.1%. Over 5 years: +11.9% a year against +11.6%.

When is Commerce Bank's next 13F filing due?

13F filings are due 45 days after each quarter ends. Commerce Bank's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.