COMMERCE BANK
Q2 2026 Form 13-F

KANSAS CITY, MISSOURI
CIK 0001009076 · CRD 104705 · SEC-registered investment adviser
Consolidated report · includes 2 managers since Q3 2013
$22.8B Reported Value Total

COMMERCE INVESTMENT ADVISORS, INC. reports 9 total accounts under management (AUM). There are 9 discretionary accounts valued at $2,535,873,300, and 0 non-discretionary accounts.

Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered Discretionary Manager
Source: Form ADV filed 2026-03-13
Reported value
$22.8B
Quarter over quarter
+11.3%
Holdings
1,332
Top-10 concentration
29.3%

Filing Structure

Reports holdings for

  • COMMERCE BANCSHARES INC MO · File #028-00642 · since Q3 2013
  • COMMERCE INVESTMENT ADVISORS, INC. (not a 13F filer in our records) · since Q1 2025 · declared by one filing
  • Commerce Bancshares, Inc. (not a 13F filer in our records) · Q2 2013 – Q2 2013 · declared by one filing

Key People

Form ADV owners & control persons
Jeffrey Lawrence Bolin
VP TREASURER
David M Hagee
DIRECTOR/EVP/CIO
Kent Charles Mathews
EVP

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Q2 2026 13F record

Q2 2026 13F filing summary

Q2 2026 Form 13F portfolio summary
Period of report June 30, 2026
Filed August 12, 2026
Form 13F-HR
Reported value $22.8B
Positions 1,332
Change in reported value +10.3%
New positions 83
Exited positions 61
Position turnover 10.3%
Top-10 concentration 29.3%

13F filings by quarter

Form 13F filings by quarter
Quarter Positions Value
Q2 2026 13F
Filed Aug 12, 2026
1,332 $22.8B
Q1 2026 13F
Filed May 11, 2026
1,310 $20.7B
Q4 2025 13F
Filed Feb 13, 2026
1,240 $18.1B
Q3 2025 13F
Filed Nov 12, 2025
1,230 $18.0B
Q2 2025 13F
Filed Aug 7, 2025
1,189 $16.9B
Q1 2025 13F
Filed May 8, 2025
1,174 $15.7B
Q4 2024 13F
Filed Feb 13, 2025
1,177 $16.2B
Q3 2024 13F
Filed Nov 8, 2024
1,217 $16.3B
Q2 2024 13F
Filed Aug 12, 2024
1,195 $15.4B
Q1 2024 13F
Filed May 3, 2024
1,194 $15.1B
Q4 2023 13F
Filed Feb 9, 2024
1,179 $14.1B
Q3 2023 13F
Filed Nov 14, 2023
1,145 $12.7B
Q2 2023 13F
Filed Aug 8, 2023
1,156 $13.4B
Q1 2023 13F
Filed May 4, 2023
1,164 $12.8B
Q4 2022 13F
Filed Feb 10, 2023
1,128 $12.3B
Q3 2022 13F
Filed Nov 4, 2022
1,136 $11.5B
Q2 2022 13F
Filed Aug 12, 2022
1,141 $12.3B
Q1 2022 13F
Filed May 9, 2022
1,170 $14.6B
Q4 2021 13F
Filed Feb 14, 2022
1,175 $15.3B
Q3 2021 13F
Filed Nov 9, 2021
1,158 $14.1B

33 earlier quarters on file — choose one from the quarter menu above.

Top 20 holdings · Q2 2026

Largest Q2 2026 13F positions by reported value
# Holding Reported value % of portfolio
1 AAPL APPLE INC $1.2B 5.43%
2 NVDA NVIDIA CORPORATION $1.0B 4.53%
3 GOOGL ALPHABET INC $953.7M 4.19%
4 MSFT MICROSOFT CORP $810.3M 3.56%
5 AMZN AMAZON COM INC $623.0M 2.73%
6 AVGO BROADCOM INC $542.9M 2.38%
7 JPM JPMORGAN CHASE & CO $424.8M 1.86%
8 SPY STATE STR SPDR S&P 500 ETF T $370.7M 1.63%
9 IVV ISHARES TR $356.8M 1.57%
10 CBSH COMMERCE BANCSHARES INC $316.0M 1.39%
11 IWS ISHARES TR $314.8M 1.38%
12 CAT CATERPILLAR INC $287.9M 1.26%
13 GOOG ALPHABET INC $274.6M 1.21%
14 MS MORGAN STANLEY $255.0M 1.12%
15 JNJ JOHNSON & JOHNSON $251.6M 1.1%
16 LLY ELI LILLY & CO $235.4M 1.03%
17 V VISA INC $234.8M 1.03%
18 XOM EXXON MOBIL CORP $226.7M 0.99%
19 IWF ISHARES TR $224.2M 0.98%
20 IWP ISHARES TR $223.1M 0.98%

Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.

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