Commerce Bancshares, Inc.
US ˙ NasdaqGS ˙ US2005251036

SecurityCBSH / Commerce Bancshares, Inc.
InstitutionD. E. Shaw & Co., Inc.
ManagerDE Shaw
Latest Disclosed Ownership674,301 shares
Latest Disclosed Value $ 33,175,609
D. E. Shaw & Co., Inc. reports 5.31% increase in ownership of CBSH / Commerce Bancshares, Inc.

On May 15, 2026 - D. E. Shaw & Co., Inc. filed a 13F-HR form disclosing ownership of 674,301 shares of Commerce Bancshares, Inc. (US:CBSH) valued at $33,175,609 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 640,274 shares of Commerce Bancshares, Inc.. This represents a change in shares of 5.31% during the quarter. The current value of the position is $34,632,099 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-15 2026-03-31 13F COMMERCE BANCSHARES COM 200525103 674,301 34,027 5.31 33,176 -1.00 0.0199
2026-02-17 2025-12-31 13F COMMERCE BANCSHARES COM 200525103 640,274 400,199 166.70 33,512 133.59 0.0184
2025-11-14 2025-09-30 13F COMMERCE BANCSHARES COM 200525103 240,075 205,656 597.51 14,347 570.69 0.0081
2025-08-14 2025-06-30 13F COMMERCE BANCSHARES COM 200525103 34,419 29,823 648.89 2,140 647.90 0.0015
2025-05-15 2025-03-31 13F COMMERCE BANCSHARES COM 200525103 4,596 100 2.22 286 2.14 0.0003
2025-02-14 2024-12-31 13F COMMERCE BANCSHARES COM 200525103 4,496 -70,199 -93.98 280 -93.69 0.0002
2024-11-14 2024-09-30 13F COMMERCE BANCSHARES COM 200525103 74,695 48,504 185.19 4,437 203.84 0.0038
2024-08-14 2024-06-30 13F COMMERCE BANCSHARES COM 200525103 26,191 18,913 259.87 1,461 277.26 0.0014
2024-05-15 2024-03-31 13F COMMERCE BANCSHARES COM 200525103 7,278 7,278 387 0.0003
2024-11-14 2023-12-31 13F/A-1 COMMERCE BANCSHARES COM 200525103 0 -58,103 -100.00 0 -100.00
2024-02-14 2023-12-31 13F COMMERCE BANCSHARES COM 200525103 0 -58,103 0
2023-11-14 2023-09-30 13F COMMERCE BANCSHARES COM 200525103 58,103 30,994 114.33 2,788 111.14 0.0029
2023-08-14 2023-06-30 13F COMMERCE BANCSHARES COM 200525103 27,109 -15,136 -35.83 1,320 -46.43 0.0013
2023-05-15 2023-03-31 13F COMMERCE BANCSHARES COM 200525103 42,245 17,956 73.93 2,465 49.06 0.0026
2023-02-14 2022-12-31 13F COMMERCE BANCSHARES COM 200525103 24,289 -71,987 -74.77 1,653 -74.05 0.0018
2022-11-14 2022-09-30 13F COMMERCE BANCSHARES COM 200525103 96,276 42,970 80.61 6,370 82.00 0.0076
2022-08-15 2022-06-30 13F COMMERCE BANCSHARES COM 200525103 53,306 -54,990 -50.78 3,500 -54.86 0.0041
2022-05-16 2022-03-31 13F COMMERCE BANCSHARES COM 200525103 108,296 -63,343 -36.90 7,753 -34.29 0.0073
2022-02-14 2021-12-31 13F COMMERCE BANCSHARES COM 200525103 171,639 7,738 4.72 11,798 3.30 0.0098
2021-11-15 2021-09-30 13F COMMERCE BANCSHARES COM 200525103 163,901 134,490 457.28 11,421 420.79 0.0103
2021-08-16 2021-06-30 13F COMMERCE BANCSHARES COM 200525103 29,411 -3,482 -10.59 2,193 -12.98 0.0019
2021-05-17 2021-03-31 13F COMMERCE BANCSHARES COM 200525103 32,893 23,401 246.53 2,520 304.49 0.0024
2021-02-16 2020-12-31 13F COMMERCE BANCSHARES COM 200525103 9,492 9,492 623 0.0006
2020-05-15 2020-03-31 13F COMMERCE BANCSHARES COM 200525103 0 -6,531 -100.00 0 -100.00
2020-02-14 2019-12-31 13F COMMERCE BANCSHARES COM 200525103 6,531 6,531 444 0.0005
2019-11-14 2019-09-30 13F COMMERCE BANCSHARES COM 200525103 0 -12,337 -100.00 0 -100.00
2019-08-14 2019-06-30 13F COMMERCE BANCSHARES COM 200525103 12,337 12,337 736 0.0009
2017-11-14 2017-09-30 13F COMMERCE BANCSHARES COM 200525103 0 -10,611 -100.00 0 -100.00
2017-08-14 2017-06-30 13F COMMERCE BANCSHARES COM 200525103 10,611 10,611 603 0.0010
2016-05-16 2016-03-31 13F COMMERCE BANCSHARES COM 200525103 0 0 0 0.0000
2016-02-16 2015-12-31 13F COMMERCE BANCSHARES COM 200525103 0 -52,053 -100.00 0 -100.00
2015-11-16 2015-09-30 13F COMMERCE BANCSHARES COM 200525103 52,053 52,053 2,372 0.0035
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.