Commerce Bank
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Commerce Bank reported 1,194 stock positions worth $15.1 billion. Its top holding was Microsoft (MSFT) at 5.6% of the portfolio, followed by Apple (AAPL, 4.5%) and Nvidia (NVDA, 3.0%). Compared with Q4 2023, it opened 47 new positions, sold out of 33, added to 423 and reduced 598. The biggest buy was Salesforce (CRM, shares +562%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0001009076
- Portfolio Value
- $15.1B (Q1 2024)
- SEC Filing
- 0001009076-24-000004 ↗ filed May 3, 2024
Holdings Value
Holdings 1,194 stocks · $15.1B
| MSFT Microsoft Corp. | 5.65% | 2,029,594 | $853.9M | Reduce -1.1% |
| AAPL Apple Inc. | 4.52% | 3,982,382 | $682.9M | Reduce -3.3% |
| NVDA Nvidia Corp. | 3.01% | 502,975 | $454.5M | Reduce -3.2% |
| GOOGL Alphabet Inc. Class A | 2.71% | 2,712,575 | $409.4M | Add +5.0% |
| AMZN Amazon.com Inc. | 2.65% | 2,218,647 | $400.2M | Reduce -0.2% |
| CBSH Commerce Bancshares Inc. | 2.51% | 7,147,650 | $380.3M | Reduce -1.0% |
| IWS iShares Russell Mid-Cap Valu | 2.10% | 2,531,059 | $317.2M | Reduce -5.7% |
| JPM JPMorgan Chase & Co. | 1.61% | 1,218,296 | $244.0M | Reduce -1.1% |
| PG The Procter & Gamble Co. | 1.56% | 1,450,320 | $235.3M | Reduce -1.8% |
| IWP iShares Russell Mid-Cap Grow | 1.47% | 1,950,338 | $222.6M | Reduce -5.9% |
| V Visa Inc. Class A | 1.27% | 688,882 | $192.3M | Reduce -0.3% |
| JNJ Johnson & Johnson | 1.14% | 1,094,366 | $173.1M | Reduce -2.0% |
| MRK Merck & Co. Inc. | 1.14% | 1,307,875 | $172.6M | Add +0.8% |
| PEP Pepsico Inc. | 1.10% | 946,691 | $165.7M | Reduce -2.2% |
| IWF iShares Russell 1000 Growth | 1.04% | 467,114 | $157.4M | Reduce -3.0% |
| AVGO Broadcom Inc. | 1.02% | 116,946 | $155.0M | Reduce -0.6% |
| MCD McDonald's Corp. | 0.93% | 501,034 | $141.3M | Reduce -0.8% |
| IWR iShares Russell Mid-Cap ETF | 0.93% | 1,671,615 | $140.6M | Reduce -6.8% |
| IWD iShares Russell 1000 Value E | 0.92% | 774,377 | $138.7M | Reduce -0.6% |
| TMO Thermo Fisher Scientific Inc. | 0.88% | 227,980 | $132.5M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.85% | 246,084 | $128.7M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 0.83% | 493,611 | $125.7M | Reduce -6.6% |
| IVV iShares Core S&P 500 ETF | 0.81% | 232,422 | $122.2M | Add +1.4% |
| MDLZ Mondelez International Inc. Class A | 0.80% | 1,720,269 | $120.4M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.80% | 489,253 | $120.3M | Add +0.6% |
| TMUS T-Mobile US Inc. | 0.75% | 694,616 | $113.4M | Reduce -0.1% |
| CVX Chevron Corp. | 0.72% | 691,432 | $109.1M | Reduce -4.3% |
| IWM iShares Russell 2000 ETF | 0.70% | 501,233 | $105.4M | Reduce -2.9% |
| MS Morgan Stanley | 0.70% | 1,119,184 | $105.4M | Add +12.0% |
| LLY Eli Lilly & Co. | 0.68% | 131,207 | $102.1M | Reduce -0.7% |
| AMGN Amgen Inc. | 0.67% | 358,881 | $102.0M | Add +3.4% |
| IBB iShares Biotechnology ETF | 0.66% | 722,026 | $99.1M | Add +0.2% |
| MCK McKesson Corp. | 0.64% | 181,652 | $97.5M | Reduce -0.4% |
| GOOG Alphabet Inc. Class C | 0.64% | 632,372 | $96.3M | Reduce -2.1% |
| XOM Exxon Mobil Corp. | 0.63% | 821,902 | $95.5M | Add +1.5% |
| ABBV Abbvie Inc. | 0.63% | 519,647 | $94.6M | Add +5.2% |
| FISV Fiserv Inc. | 0.61% | 577,639 | $92.3M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 219,451 | $92.3M | Add +1.4% |
| ELV Elevance Health Inc. | 0.61% | 177,364 | $92.0M | Add +0.4% |
| NOW ServiceNow Inc. | 0.60% | 118,824 | $90.6M | Add +0.4% |
| HD Home Depot Inc. | 0.59% | 233,756 | $89.7M | Reduce -5.0% |
| DHR Danaher Corp. | 0.59% | 356,331 | $89.0M | Reduce -0.3% |
| TXN Texas Instruments Inc. | 0.56% | 482,818 | $84.1M | Reduce -2.0% |
| COST Costco Wholesale Corp. | 0.56% | 114,607 | $84.0M | Reduce -2.5% |
| GOVT iShares US Treasury Bond ETF | 0.55% | 3,682,713 | $83.9M | Add +4.4% |
| EMR Emerson Electric Co. | 0.54% | 719,634 | $81.6M | Reduce -3.4% |
| PH Parker Hannifin Corp. | 0.53% | 145,270 | $80.7M | Add +1.5% |
| UBER Uber Technologies Inc. | 0.52% | 1,028,389 | $79.2M | Reduce -1.1% |
| MSI Motorola Solutions Inc. | 0.52% | 219,524 | $77.9M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.51% | 159,156 | $77.3M | Reduce -2.4% |
| NVT Nvent Electric PLC | 0.51% | 1,019,795 | $76.9M | Add +3.6% |
| IWO iShares Russell 2000 Growth | 0.50% | 279,560 | $75.7M | Reduce -0.4% |
| LMT Lockheed Martin Corp. | 0.50% | 165,245 | $75.2M | Reduce -0.6% |
| RRX Regal Rexnord Corp. | 0.49% | 415,015 | $74.7M | Add +1.7% |
| ETN Eaton Corp. PLC | 0.49% | 237,180 | $74.2M | Reduce -8.1% |
| CRM Salesforce Inc. | 0.49% | 244,696 | $73.7M | Add +561.9% |
| PXD Pioneer Natural Resources Co. | 0.45% | 260,444 | $68.4M | Reduce -19.4% |
| MA Mastercard Inc. Class A | 0.45% | 140,930 | $67.9M | Reduce -1.3% |
| BLDR Builders Firstsource Inc. | 0.44% | 318,188 | $66.4M | Add +1.1% |
| IWN iShares Russell 2000 Value E | 0.43% | 413,735 | $65.7M | Add +1.7% |
| ADBE Adobe Inc. | 0.43% | 129,525 | $65.4M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 1,270,221 | $63.7M | Reduce -0.9% |
| PFE Pfizer Inc. | 0.42% | 2,262,770 | $62.8M | Reduce -9.6% |
| SYK Stryker Corp. | 0.41% | 172,942 | $61.9M | Reduce -0.4% |
| UNH Unitedhealth Group Inc. | 0.40% | 122,343 | $60.5M | Add +1.0% |
| COP Conocophillips | 0.40% | 475,158 | $60.5M | Reduce -1.1% |
| KEYS Keysight Technologies Inc. | 0.40% | 384,171 | $60.1M | Reduce -0.4% |
| PLD Prologis Inc. | 0.39% | 455,997 | $59.4M | Reduce -7.4% |
| RTX RTX Corp. | 0.38% | 595,760 | $58.1M | Reduce -43.5% |
| TEL Te Connectivity Ltd. | 0.37% | 390,089 | $56.7M | Reduce -0.9% |
| BKNG Booking Holdings Inc. | 0.37% | 15,582 | $56.5M | Reduce -17.8% |
| WM Waste Management Inc. | 0.37% | 261,668 | $55.8M | Reduce -1.8% |
| WMT Walmart Inc. | 0.37% | 917,625 | $55.2M | Reduce -3.5% |
| CB Chubb Ltd. | 0.36% | 209,474 | $54.3M | Add +0.2% |
| VVV Valvoline Inc. | 0.35% | 1,197,378 | $53.4M | Add +0.8% |
| DE Deere & Co. | 0.35% | 128,105 | $52.6M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.35% | 416,772 | $52.4M | Reduce -19.9% |
| NEE Nextera Energy Inc. | 0.34% | 808,613 | $51.7M | Reduce -4.6% |
| ABT Abbott Laboratories | 0.33% | 442,380 | $50.3M | Reduce -4.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.32% | 186,827 | $48.6M | Add +10.9% |
| XLB SS Materials Select Sector | 0.32% | 522,068 | $48.5M | Add +0.6% |
| LPLA LPL Financial Holdings Inc. | 0.32% | 183,513 | $48.5M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.32% | 131,408 | $48.2M | Reduce -1.2% |
| IWV iShares Russell 3000 ETF | 0.31% | 158,621 | $47.6M | Add +6.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.31% | 1,241,617 | $47.1M | Reduce -4.7% |
| COF Capital One Financial Corp. | 0.30% | 307,842 | $45.8M | Add +2119.5% |
| XLK SS Technology Select Sector | 0.30% | 215,230 | $44.8M | Reduce -7.7% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 1,067,825 | $44.6M | Reduce -3.1% |
| ACGL Arch Capital Group Ltd. | 0.29% | 469,180 | $43.4M | Add +1.4% |
| ITW Illinois Tool Works | 0.29% | 160,745 | $43.1M | Add +0.1% |
| CPRT Copart Inc. | 0.28% | 718,192 | $41.6M | Add +5.9% |
| HON Honeywell International Inc. | 0.27% | 202,040 | $41.5M | Reduce -4.5% |
| NOC Northrop Grumman Corp. | 0.27% | 85,151 | $40.8M | Add +18.1% |
| CSCO Cisco Systems Inc. | 0.27% | 815,915 | $40.7M | Reduce -3.1% |
| AEP American Electric Power | 0.27% | 468,454 | $40.3M | Reduce -6.4% |
| IPG Interpublic Group of Cos Inc. | 0.26% | 1,195,849 | $39.0M | Reduce -6.2% |
| RSG Republic Services Inc. | 0.26% | 202,987 | $38.9M | Add +1.9% |
| VOO Vanguard S&P 500 ETF | 0.26% | 80,289 | $38.6M | Add +8.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 197,013 | $37.6M | Add +0.4% |
| CME Cme Group Inc. | 0.24% | 170,573 | $36.7M | Reduce -0.2% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -3.3% | 4.52% | −1.12 |
| RTX RTX Corp. | Reduce -43.5% | 0.38% | −0.25 |
| CBSH Commerce Bancshares Inc. | Reduce -1.0% | 2.51% | −0.23 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.15 |
| TSLA Tesla Inc. | Reduce -22.5% | 0.15% | −0.14 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.93% | −0.13 |
| EQT Eqt Corp. | Reduce -81.0% | 0.03% | −0.13 |
| ADBE Adobe Inc. | Reduce -1.3% | 0.43% | −0.12 |
| IWS iShares Russell Mid-Cap Valu | Reduce -5.7% | 2.10% | −0.12 |
| AGG iShares Core U.S. Aggregate | Reduce -53.5% | 0.08% | −0.11 |
| BKNG Booking Holdings Inc. | Reduce -17.8% | 0.37% | −0.10 |
| JNJ Johnson & Johnson | Reduce -2.0% | 1.14% | −0.10 |
| ESE Esco Technologies Inc. | Reduce -31.9% | 0.14% | −0.10 |
| PFE Pfizer Inc. | Reduce -9.6% | 0.42% | −0.10 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 0.80% | −0.09 |
| PLD Prologis Inc. | Reduce -7.4% | 0.39% | −0.07 |
| PEP Pepsico Inc. | Reduce -2.2% | 1.10% | −0.07 |
| DOW Dow Inc. | Reduce -69.7% | 0.03% | −0.07 |
| IWP iShares Russell Mid-Cap Grow | Reduce -5.9% | 1.47% | −0.07 |
| XLV SS Health Care Select Sector | Reduce -54.4% | 0.06% | −0.07 |
| PXD Pioneer Natural Resources Co. | Reduce -19.4% | 0.45% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -6.8% | 0.93% | −0.06 |
| BA The Boeing Co. | Reduce -1.9% | 0.10% | −0.05 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -92.1% | 0.00% | −0.05 |
| CVX Chevron Corp. | Reduce -4.3% | 0.72% | −0.05 |
| ORCL Oracle Corp. | Reduce -19.9% | 0.35% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -0.1% | 0.75% | −0.04 |
| HON Honeywell International Inc. | Reduce -4.5% | 0.27% | −0.04 |
| PSA Public Storage | Reduce -18.1% | 0.11% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -2.0% | 0.56% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -2.9% | 0.70% | −0.04 |
| DFS Discover Financial Services | Reduce -73.0% | 0.02% | −0.04 |
| KEYS Keysight Technologies Inc. | Reduce -0.4% | 0.40% | −0.04 |
| XEL Xcel Energy Inc. | Reduce -20.9% | 0.07% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -0.6% | 0.50% | −0.04 |
| IPG Interpublic Group of Cos Inc. | Reduce -6.2% | 0.26% | −0.04 |
| ANSS Ansys Inc. | Reduce -44.5% | 0.04% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -3.1% | 0.27% | −0.03 |
| ABT Abbott Laboratories | Reduce -4.8% | 0.33% | −0.03 |
| WY Weyerhaeuser Co. | Reduce -43.6% | 0.03% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -3.1% | 0.29% | −0.03 |
| SON Sonoco Products Co. | Reduce -56.5% | 0.02% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -43.2% | 0.03% | −0.03 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -85.1% | 0.00% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -4.6% | 0.34% | −0.02 |
| DUK Duke Energy Corp. | Reduce -5.8% | 0.16% | −0.02 |
| DBX Dropbox Inc. Class A | Sold out | 0.00% | −0.02 |
| XLK SS Technology Select Sector | Reduce -7.7% | 0.30% | −0.02 |
| AEP American Electric Power | Reduce -6.4% | 0.27% | −0.02 |
| SCHO Schwab Short-Term US Treas | Reduce -31.4% | 0.04% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| CRM Salesforce Inc. | Add +561.9% | 0.49% | +0.42 |
| COF Capital One Financial Corp. | Add +2119.5% | 0.30% | +0.29 |
| ULTA Ulta Beauty Inc. | Add +2238.8% | 0.22% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +5.0% | 2.71% | +0.14 |
| MRK Merck & Co. Inc. | Add +0.8% | 1.14% | +0.14 |
| EAGL Eagle Capital Select Eqty | New | 0.11% | +0.11 |
| XIFR XPLR Infrastructure LP | New | 0.10% | +0.10 |
| NVT Nvent Electric PLC | Add +3.6% | 0.51% | +0.09 |
| ABBV Abbvie Inc. | Add +5.2% | 0.63% | +0.08 |
| FISV Fiserv Inc. | Add +1.1% | 0.61% | +0.07 |
| BLDR Builders Firstsource Inc. | Add +1.1% | 0.44% | +0.07 |
| PH Parker Hannifin Corp. | Add +1.5% | 0.53% | +0.06 |
| RRX Regal Rexnord Corp. | Add +1.7% | 0.49% | +0.06 |
| EFG iShares MSCI Eafe Growth ETF | Add +111.1% | 0.12% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.4% | 0.61% | +0.06 |
| XOM Exxon Mobil Corp. | Add +1.5% | 0.63% | +0.06 |
| FICO Fair Isaac Corp. | Add +704.8% | 0.05% | +0.04 |
| ACGL Arch Capital Group Ltd. | Add +1.4% | 0.29% | +0.04 |
| CPRT Copart Inc. | Add +5.9% | 0.28% | +0.04 |
| KEY Keycorp | Add +399.7% | 0.05% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +10.9% | 0.32% | +0.04 |
| VVV Valvoline Inc. | Add +0.8% | 0.35% | +0.04 |
| MS Morgan Stanley | Add +12.0% | 0.70% | +0.03 |
| PNC PNC Financial Services Group | Add +151.8% | 0.05% | +0.03 |
| NOC Northrop Grumman Corp. | Add +18.1% | 0.27% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +1.4% | 0.81% | +0.03 |
| MSI Motorola Solutions Inc. | Add +0.5% | 0.52% | +0.03 |
| VONG Vanguard Russell 1000 Growth | Add +13.6% | 0.19% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +348.8% | 0.03% | +0.03 |
| IWV iShares Russell 3000 ETF | Add +6.8% | 0.31% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +8.6% | 0.26% | +0.03 |
| TNL Travel + Leisure Co. | Add +53.4% | 0.05% | +0.02 |
| RSG Republic Services Inc. | Add +1.9% | 0.26% | +0.02 |
| DECK Deckers Outdoor Corp. | Add +407.9% | 0.03% | +0.02 |
| CB Chubb Ltd. | Add +0.2% | 0.36% | +0.02 |
| OWL Blue Owl Capital Inc. | New | 0.02% | +0.02 |
| NTNX Nutanix Inc. Class A | Add +286.1% | 0.03% | +0.02 |
| TER Teradyne Inc. | Add +399.0% | 0.03% | +0.02 |
| VONV Vanguard Russell 1000 Value | Add +35.8% | 0.08% | +0.02 |
| IBM Intl Business Machines Corp. | Add +0.4% | 0.25% | +0.02 |
| WFC Wells Fargo & Co. | Add +15.8% | 0.08% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +36.8% | 0.06% | +0.02 |
| C Citigroup Inc. | Add +5.3% | 0.09% | +0.02 |
| TGT Target Corp. | Add +0.1% | 0.11% | +0.02 |
| ELV Elevance Health Inc. | Add +0.4% | 0.61% | +0.02 |
| GE General Electric | Add +2.4% | 0.06% | +0.01 |
| EOG EOG Resources Inc. | Add +24.4% | 0.07% | +0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Add +20.7% | 0.10% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | New | 0.01% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +1.4% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,332 | $22.8B | AAPL, NVDA, GOOGL, MSFT, AMZN |
| Q1 2026 | 1,310 | $20.7B | AAPL, NVDA, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,240 | $18.1B | AAPL, MSFT, NVDA, GOOGL, AMZN |
| Q3 2025 | 1,229 | $18.0B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q2 2025 | 1,189 | $16.9B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2025 | 1,174 | $15.7B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q4 2024 | 1,177 | $16.2B | AAPL, MSFT, NVDA, GOOGL, AMZN |
| Q3 2024 | 1,217 | $16.3B | AAPL, MSFT, NVDA, GOOGL, AMZN |
| Q2 2024 | 1,195 | $15.4B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q1 2024 | 1,194 | $15.1B | MSFT, AAPL, NVDA, GOOGL, AMZN |