COMMERCE BANK
Q4 2022 Form 13-F
KANSAS CITY, MISSOURI
CIK 0001009076
· CRD 104705
· SEC-registered investment adviser
Consolidated report · includes
2 managers
since Q3 2013
$12.3B Reported Value Total
COMMERCE INVESTMENT ADVISORS, INC. reports 8 total accounts under management (AUM). There are 8 discretionary accounts valued at $2,554,571,399, 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
$12.3B
Quarter over quarter
+8.1%
Holdings
1,128
Top-10 concentration
25.5%
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
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
Loading 13F Metrics
Q4 2022 13F record
Q4 2022 13F filing summary
| Period of report | December 31, 2022 |
|---|---|
| Filed | February 10, 2023 |
| Form | 13F-HR |
| Reported value | $12.3B |
| Positions | 1,128 |
| Change in reported value | +7.0% |
| New positions | 42 |
| Exited positions | 51 |
| Position turnover | 7.9% |
| Top-10 concentration | 25.5% |
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 · Q4 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | AAPL APPLE INC | $557.0M | 4.52% |
| 2 | MSFT MICROSOFT CORP | $498.0M | 4.05% |
| 3 | CBSH COMMERCE BANCSHARES INC | $474.5M | 3.85% |
| 4 | IWS ISHARES TR | $321.9M | 2.61% |
| 5 | GOOGL ALPHABET INC | $239.7M | 1.95% |
| 6 | PG PROCTER AND GAMBLE CO | $239.1M | 1.94% |
| 7 | JNJ JOHNSON & JOHNSON | $220.8M | 1.79% |
| 8 | CVX CHEVRON CORP NEW | $201.2M | 1.63% |
| 9 | IWP ISHARES TR | $191.2M | 1.55% |
| 10 | AMZN AMAZON COM INC | $189.4M | 1.54% |
| 11 | PEP PEPSICO INC | $176.1M | 1.43% |
| 12 | JPM JPMORGAN CHASE & CO | $175.5M | 1.43% |
| 13 | MCD MCDONALDS CORP | $136.7M | 1.11% |
| 14 | V VISA INC | $131.1M | 1.07% |
| 15 | TMO THERMO FISHER SCIENTIFIC INC | $126.6M | 1.03% |
| 16 | PFE PFIZER INC | $126.4M | 1.03% |
| 17 | IWR ISHARES TR | $126.1M | 1.02% |
| 18 | IWD ISHARES TR | $125.2M | 1.02% |
| 19 | RTX RAYTHEON TECHNOLOGIES CORP | $115.3M | 0.94% |
| 20 | IWF ISHARES TR | $114.2M | 0.93% |
Values as reported on the Q4 2022 Form 13F. Every position is in the holdings table below.