Commerce Bancshares, Inc.
US ˙ NasdaqGS ˙ US2005251036

SecurityCBSH / Commerce Bancshares, Inc.
InstitutionSmith Shellnut Wilson Llc /adv
Latest Disclosed Ownership5,472 shares
Latest Disclosed Value $ 327,007
Smith Shellnut Wilson Llc /adv ownership in CBSH / Commerce Bancshares, Inc.

On October 27, 2025 - Smith Shellnut Wilson Llc /adv filed a 13F-HR form disclosing ownership of 5,472 shares of Commerce Bancshares, Inc. (US:CBSH) valued at $327,007 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 5, 2025 disclosing 5,472 shares of Commerce Bancshares, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $290,290 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2025-10-27 2025-09-30 13F COMMERCE BANCSHARES COM 200525103 5,472 0 0.00 327 -3.82 0.1256
2025-08-05 2025-06-30 13F COMMERCE BANCSHARES COM 200525103 5,472 0 0.00 340 0.00 0.1475
2025-04-17 2025-03-31 13F COMMERCE BANCSHARES COM 200525103 5,472 -782 -12.50 341 -12.60 0.1561
2025-03-04 2024-12-31 13F COMMERCE BANCSHARES COM 200525103 6,254 295 4.95 390 10.20 0.1725
2024-10-31 2024-09-30 13F COMMERCE BANCSHARES COM 200525103 5,959 0 0.00 354 6.33 0.1600
2024-07-26 2024-06-30 13F COMMERCE BANCSHARES COM 200525103 5,959 0 0.00 332 4.73 0.1614
2024-05-01 2024-03-31 13F COMMERCE BANCSHARES COM 200525103 5,959 0 0.00 317 -0.31 0.1681
2024-02-21 2023-12-31 13F COMMERCE BANCSHARES COM 200525103 5,959 283 4.99 318 16.91 0.1826
2023-11-14 2023-09-30 13F COMMERCE BANCSHARES COM 200525103 5,676 0 0.00 272 -1.45 0.1666
2023-08-04 2023-06-30 13F COMMERCE BANCSHARES COM 200525103 5,676 0 0.00 276 -16.62 0.1559
2023-05-12 2023-03-31 13F COMMERCE BANCSHARES COM 200525103 5,676 0 0.00 331 -14.25 0.2013
2023-02-13 2022-12-31 13F COMMERCE BANCSHARES COM 200525103 5,676 267 4.94 386 7.82 0.2385
2022-11-03 2022-09-30 13F COMMERCE BANCSHARES COM 200525103 5,409 0 0.00 358 0.85 0.2380
2022-08-02 2022-06-30 13F COMMERCE BANCSHARES COM 200525103 5,409 -2,406 -30.79 355 -36.49 0.2198
2022-05-02 2022-03-31 13F COMMERCE BANCSHARES COM 200525103 7,815 0 0.00 559 4.10 0.2926
2022-02-03 2021-12-31 13F COMMERCE BANCSHARES COM 200525103 7,815 369 4.96 537 3.47 0.2659
2021-11-12 2021-09-30 13F COMMERCE BANCSHARES COM 200525103 7,446 0 0.00 519 -6.49 0.3003
2021-08-12 2021-06-30 13F COMMERCE BANCSHARES COM 200525103 7,446 -619 -7.68 555 -10.19 0.3229
2021-04-06 2021-03-31 13F COMMERCE BANCSHARES COM 200525103 8,065 0 0.00 618 16.60 0.3773
2021-02-05 2020-12-31 13F COMMERCE BANCSHARES COM 200525103 8,065 -566 -6.56 530 9.05 0.3160
2020-11-12 2020-09-30 13F COMMERCE BANCSHARES COM 200525103 8,631 0 0.00 486 -5.26 0.1816
2020-08-26 2020-06-30 13F COMMERCE BANCSHARES COM 200525103 8,631 -1,920 -18.20 513 -3.39 0.3675
2020-04-20 2020-03-31 13F COMMERCE BANCSHARES COM 200525103 10,551 0 0.00 531 -25.94 0.4453
2020-02-05 2019-12-31 13F COMMERCE BANCSHARES COM 200525103 10,551 -1,236 -10.49 717 0.28 0.4778
2019-11-06 2019-09-30 13F COMMERCE BANCSHARES COM 200525103 11,787 0 0.00 715 1.71 0.5296
2019-08-14 2019-06-30 13F COMMERCE BANCSHARES COM 200525103 11,787 0 0.00 703 2.78 0.5280
2019-05-14 2019-03-31 13F/A-1 COMMERCE BANCSHARES COM 200525103 11,787 2,811 31.32 684 35.18 0.5414
2019-05-13 2019-03-31 13F COMMERCE BANCSHARES COM 200525103 8,976 0 506
2019-02-13 2018-12-31 13F COMMERCE BANCSHARES COM 200525103 8,976 -2,256 -20.09 506 -31.81 0.5422
2018-10-09 2018-09-30 13F COMMERCE BANCSHARES COM 200525103 11,232 0 0.00 742 10.25 0.6644
2018-04-24 2018-03-31 13F COMMERCE BANCSHARES COM 200525103 11,232 -667 -5.61 673 1.36 0.5785
2018-02-22 2017-12-31 13F COMMERCE BANCSHARES COM 200525103 11,899 -713 -5.65 664 -8.92 0.5619
2017-11-17 2017-09-30 13F COMMERCE BANCSHARES COM 200525103 12,612 -774 -5.78 729 13.73 0.6422
2017-07-11 2017-06-30 13F COMMERCE BANCSHARES COM 200525103 13,386 392 3.02 641 -12.19 0.6654
2017-04-06 2017-03-31 13F COMMERCE BANCSHARES COM 200525103 12,994 0 0.00 730 -2.80 0.6732
2017-02-13 2016-12-31 13F COMMERCE BANCSHARES COM 200525103 12,994 12,994 751 0.7229
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.