Commerce Bank
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Commerce Bank reported 1,189 stock positions worth $16.9 billion. Its top holding was Microsoft (MSFT) at 5.7% of the portfolio, followed by Apple (AAPL, 4.7%) and Nvidia (NVDA, 4.7%). Compared with Q1 2025, it opened 48 new positions, sold out of 34, added to 397 and reduced 580. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0001009076
- Portfolio Value
- $16.9B (Q2 2025)
- SEC Filing
- 0001009076-25-000011 ↗ filed Aug 7, 2025
Holdings Value
Holdings 1,189 stocks · $16.9B
| MSFT Microsoft Corp. | 5.75% | 1,957,427 | $973.6M | Reduce -0.1% |
| AAPL Apple Inc. | 4.72% | 3,901,311 | $800.4M | Reduce -0.3% |
| NVDA Nvidia Corp. | 4.69% | 5,032,215 | $795.0M | Add +1.8% |
| AMZN Amazon.com Inc. | 2.98% | 2,297,386 | $504.0M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 2.75% | 2,641,904 | $465.6M | Reduce -4.5% |
| AVGO Broadcom Inc. | 2.17% | 1,336,216 | $368.3M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 2.06% | 1,204,253 | $349.1M | Add +0.5% |
| CBSH Commerce Bancshares Inc. | 1.72% | 4,679,154 | $290.9M | Add +1.1% |
| IWS iShares Russell Mid-Cap Valu | 1.63% | 2,087,646 | $275.9M | Reduce -5.8% |
| META Meta Platforms Inc. Class A | 1.56% | 358,173 | $264.4M | Add +8.1% |
| IWP iShares Russell Mid-Cap Grow | 1.41% | 1,722,755 | $238.9M | Reduce -2.9% |
| V Visa Inc. Class A | 1.40% | 667,888 | $237.1M | Add +1.5% |
| PG The Procter & Gamble Co. | 1.26% | 1,343,269 | $214.0M | Reduce -1.2% |
| IWF iShares Russell 1000 Growth | 1.14% | 456,075 | $193.6M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.98% | 1,541,994 | $166.2M | Add +0.2% |
| MS Morgan Stanley | 0.98% | 1,175,100 | $165.5M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.92% | 250,972 | $155.1M | Reduce -1.1% |
| IWD iShares Russell 1000 Value E | 0.87% | 757,671 | $147.2M | Add +1.0% |
| MCD McDonald's Corp. | 0.86% | 496,268 | $145.0M | Add +0.5% |
| LLY Eli Lilly & Co. | 0.84% | 181,793 | $141.7M | Add +3.1% |
| IWR iShares Russell Mid-Cap ETF | 0.83% | 1,530,740 | $140.8M | Add +0.5% |
| IVV iShares Core S&P 500 ETF | 0.82% | 224,994 | $139.7M | Reduce -6.0% |
| JNJ Johnson & Johnson | 0.80% | 890,558 | $136.0M | Reduce -0.4% |
| TMUS T-Mobile US Inc. | 0.74% | 529,055 | $126.1M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.71% | 245,937 | $119.5M | Add +6.7% |
| NOW ServiceNow Inc. | 0.68% | 111,576 | $114.7M | Add +1.1% |
| PEP Pepsico Inc. | 0.67% | 859,240 | $113.5M | Reduce -6.5% |
| LOW Lowe's Cos Inc. | 0.65% | 497,676 | $110.4M | Reduce -0.3% |
| UNP Union Pacific Corp. | 0.65% | 479,585 | $110.3M | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.65% | 111,001 | $109.9M | Reduce -0.3% |
| WMT Walmart Inc. | 0.62% | 1,066,335 | $104.3M | Reduce -0.7% |
| MCK McKesson Corp. | 0.60% | 139,309 | $102.1M | Add +1.2% |
| PH Parker Hannifin Corp. | 0.60% | 145,363 | $101.5M | Add +2.0% |
| IWM iShares Russell 2000 ETF | 0.59% | 467,128 | $100.8M | Reduce -1.8% |
| FISV Fiserv Inc. | 0.59% | 578,949 | $99.8M | Add +8.5% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 724,377 | $98.7M | Reduce -19.4% |
| TXN Texas Instruments Inc. | 0.56% | 455,221 | $94.5M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.55% | 1,002,663 | $93.5M | Add +2.9% |
| ABBV Abbvie Inc. | 0.55% | 498,644 | $92.6M | Reduce -2.5% |
| GOOG Alphabet Inc. Class C | 0.54% | 519,824 | $92.2M | Reduce -16.3% |
| ET Energy Transfer LP | 0.53% | 4,992,290 | $90.5M | Add +0.2% |
| BKNG Booking Holdings Inc. | 0.51% | 14,835 | $85.9M | Add +3.8% |
| MSI Motorola Solutions Inc. | 0.50% | 200,608 | $84.3M | Reduce -2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.49% | 202,754 | $82.2M | Reduce -5.1% |
| COF Capital One Financial Corp. | 0.49% | 386,358 | $82.2M | Add +9.3% |
| NVT Nvent Electric PLC | 0.48% | 1,114,229 | $81.6M | Add +32.3% |
| ORCL Oracle Corp. | 0.48% | 370,830 | $81.1M | Reduce -8.3% |
| HD Home Depot Inc. | 0.48% | 221,011 | $81.0M | Reduce -3.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.47% | 1,584,040 | $80.4M | Add +26.9% |
| CVX Chevron Corp. | 0.47% | 556,166 | $79.6M | Reduce -10.4% |
| NFLX Netflix Inc. | 0.47% | 59,223 | $79.3M | Add +20.1% |
| CRM Salesforce Inc. | 0.46% | 286,890 | $78.2M | Add +4.6% |
| RTX RTX Corp. | 0.46% | 534,295 | $78.0M | Reduce -2.3% |
| NOC Northrop Grumman Corp. | 0.46% | 155,213 | $77.6M | Add +3.0% |
| SYK Stryker Corp. | 0.45% | 193,554 | $76.6M | Add +3.9% |
| ELV Elevance Health Inc. | 0.43% | 187,832 | $73.1M | Add +2.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 237,791 | $72.3M | Add +17.1% |
| HON Honeywell International Inc. | 0.43% | 309,285 | $72.0M | Add +73.5% |
| LMT Lockheed Martin Corp. | 0.42% | 153,275 | $71.0M | Reduce -3.5% |
| IBB iShares Biotechnology ETF | 0.42% | 559,240 | $70.7M | Reduce -6.8% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 1,234,193 | $70.4M | Reduce -2.3% |
| XLB SS Materials Select Sector | 0.41% | 800,160 | $70.3M | Reduce -3.1% |
| MA Mastercard Inc. Class A | 0.41% | 124,698 | $70.1M | Add +2.3% |
| AMGN Amgen Inc. | 0.41% | 248,491 | $69.4M | Reduce -31.0% |
| EMR Emerson Electric Co. | 0.41% | 517,852 | $69.0M | Reduce -20.5% |
| ETN Eaton Corp. PLC | 0.41% | 193,001 | $68.9M | Reduce -4.2% |
| IWB iShares Russell 1000 ETF | 0.40% | 201,718 | $68.5M | Reduce -0.8% |
| IWO iShares Russell 2000 Growth | 0.40% | 239,083 | $68.3M | Add +3.0% |
| T AT&T Inc. | 0.40% | 2,346,461 | $67.9M | Add +43.0% |
| AEP American Electric Power | 0.40% | 646,119 | $67.0M | Add +30.0% |
| TEL Te Connectivity PLC | 0.37% | 369,878 | $62.4M | Reduce -3.1% |
| PANW Palo Alto Networks Inc. | 0.36% | 300,964 | $61.6M | Add +522.0% |
| CB Chubb Ltd. | 0.36% | 209,872 | $60.8M | Add +1.6% |
| VOO Vanguard S&P 500 ETF | 0.36% | 107,043 | $60.8M | Reduce -19.8% |
| NEE Nextera Energy Inc. | 0.35% | 859,633 | $59.7M | Add +0.5% |
| DE Deere & Co. | 0.35% | 117,110 | $59.5M | Reduce -1.4% |
| RSG Republic Services Inc. | 0.35% | 239,982 | $59.2M | Add +4.0% |
| CBRE CBRE Group Inc. Class A | 0.35% | 420,342 | $58.9M | Add +7.8% |
| WM Waste Management Inc. | 0.35% | 255,501 | $58.5M | Add +0.3% |
| USFD US Foods Holding Corp. | 0.34% | 757,842 | $58.4M | Add +5.4% |
| MRK Merck & Co. Inc. | 0.34% | 730,936 | $57.9M | Reduce -7.6% |
| IWV iShares Russell 3000 ETF | 0.34% | 164,459 | $57.7M | Reduce -0.3% |
| RRX Regal Rexnord Corp. | 0.34% | 394,323 | $57.2M | Reduce -2.7% |
| IWN iShares Russell 2000 Value E | 0.33% | 350,045 | $55.2M | Add +2.0% |
| ABT Abbott Laboratories | 0.33% | 405,919 | $55.2M | Reduce -2.1% |
| CAT Caterpillar Inc. | 0.30% | 129,015 | $50.1M | Reduce -1.4% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 1,012,014 | $50.1M | Add +0.3% |
| BX Blackstone Inc. | 0.29% | 325,482 | $48.7M | Add +1.7% |
| PTC PTC Inc. | 0.28% | 279,797 | $48.2M | Reduce -0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.28% | 1,017,137 | $48.1M | Reduce -9.6% |
| CSCO Cisco Systems Inc. | 0.28% | 692,741 | $48.1M | Reduce -4.8% |
| VVV Valvoline Inc. | 0.28% | 1,262,530 | $47.8M | Add +4.0% |
| TT Trane Technologies PLC | 0.28% | 108,391 | $47.4M | Reduce -1.6% |
| XLK SS Technology Select Sector | 0.28% | 184,475 | $46.7M | Add +2.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.27% | 89,262 | $45.5M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 152,881 | $45.1M | Reduce -0.5% |
| VONG Vanguard Russell 1000 Growth | 0.26% | 407,454 | $44.5M | Add +4.0% |
| TOST Toast Inc. Class A | 0.26% | 987,208 | $43.7M | Add +0.7% |
| TSLA Tesla Inc. | 0.26% | 137,357 | $43.6M | Add +6.9% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 642,069 | $43.3M | Reduce -8.9% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -0.3% | 4.72% | −0.82 |
| AMGN Amgen Inc. | Reduce -31.0% | 0.41% | −0.31 |
| PLD Prologis Inc. | Reduce -56.9% | 0.15% | −0.26 |
| UNH Unitedhealth Group Inc. | Reduce -23.9% | 0.17% | −0.24 |
| PG The Procter & Gamble Co. | Reduce -1.2% | 1.26% | −0.22 |
| PEP Pepsico Inc. | Reduce -6.5% | 0.67% | −0.21 |
| SKX Skechers USA Inc. Class A | Reduce -95.9% | 0.01% | −0.21 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.1% | 0.49% | −0.19 |
| CVX Chevron Corp. | Reduce -10.4% | 0.47% | −0.19 |
| IWS iShares Russell Mid-Cap Valu | Reduce -5.8% | 1.63% | −0.15 |
| JNJ Johnson & Johnson | Reduce -0.4% | 0.80% | −0.14 |
| ABBV Abbvie Inc. | Reduce -2.5% | 0.55% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -7.6% | 0.34% | −0.11 |
| LOW Lowe's Cos Inc. | Reduce -0.3% | 0.65% | −0.09 |
| UNP Union Pacific Corp. | Reduce -1.1% | 0.65% | −0.08 |
| FCNCA First Citizens Bcshs Class A | Reduce -28.2% | 0.19% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -19.8% | 0.36% | −0.08 |
| MSI Motorola Solutions Inc. | Reduce -2.3% | 0.50% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -16.3% | 0.54% | −0.08 |
| IBB iShares Biotechnology ETF | Reduce -6.8% | 0.42% | −0.07 |
| DHR Danaher Corp. | Reduce -14.6% | 0.23% | −0.07 |
| HD Home Depot Inc. | Reduce -3.1% | 0.48% | −0.06 |
| MDLZ Mondelez International Inc. Class A | Reduce -8.9% | 0.26% | −0.05 |
| EMR Emerson Electric Co. | Reduce -20.5% | 0.41% | −0.05 |
| GOVT iShares US Treasury Bond ETF | Reduce -16.1% | 0.16% | −0.05 |
| BDX Becton Dickinson and Co. | Reduce -31.7% | 0.04% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.6% | 0.08% | −0.04 |
| XLB SS Materials Select Sector | Reduce -3.1% | 0.41% | −0.04 |
| ADBE Adobe Inc. | Reduce -7.8% | 0.23% | −0.04 |
| PFE Pfizer Inc. | Reduce -2.3% | 0.23% | −0.04 |
| FCX Freeport-McMoran Inc. | Reduce -40.1% | 0.06% | −0.04 |
| ITW Illinois Tool Works | Reduce -7.5% | 0.20% | −0.04 |
| GRMN Garmin Ltd. | Reduce -6.1% | 0.17% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -3.5% | 0.42% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -6.0% | 0.82% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -6.6% | 0.20% | −0.03 |
| DUK Duke Energy Corp. | Reduce -7.2% | 0.16% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -7.8% | 0.14% | −0.03 |
| BSV Vanguard Short-Term Bond ETF | Reduce -34.9% | 0.05% | −0.03 |
| IQV Iqvia Holdings Inc. | Reduce -25.3% | 0.05% | −0.03 |
| LH Labcorp Holdings Inc. | Reduce -57.7% | 0.02% | −0.03 |
| COP Conocophillips | Reduce -9.3% | 0.07% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -46.3% | 0.03% | −0.03 |
| FR First Industrial Realty TR | Reduce -84.2% | 0.00% | −0.03 |
| IPG Interpublic Group of Cos Inc. | Reduce -5.9% | 0.09% | −0.03 |
| ABT Abbott Laboratories | Reduce -2.1% | 0.33% | −0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -0.8% | 0.16% | −0.02 |
| RF Regions Financial Corp. | Reduce -65.6% | 0.01% | −0.02 |
| BBY Best Buy Co. Inc. | Reduce -63.6% | 0.01% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.3% | 0.65% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +1.8% | 4.69% | +1.27 |
| AVGO Broadcom Inc. | Add +2.1% | 2.17% | +0.78 |
| META Meta Platforms Inc. Class A | Add +8.1% | 1.56% | +0.34 |
| PANW Palo Alto Networks Inc. | Add +522.0% | 0.36% | +0.31 |
| CELH Celsius Holdings Inc. | New | 0.21% | +0.21 |
| AMZN Amazon.com Inc. | Add +0.7% | 2.98% | +0.20 |
| NVT Nvent Electric PLC | Add +32.3% | 0.48% | +0.20 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 2.06% | +0.18 |
| HON Honeywell International Inc. | Add +73.5% | 0.43% | +0.18 |
| NFLX Netflix Inc. | Add +20.1% | 0.47% | +0.17 |
| NOW ServiceNow Inc. | Add +1.1% | 0.68% | +0.12 |
| T AT&T Inc. | Add +43.0% | 0.40% | +0.10 |
| IWF iShares Russell 1000 Growth | Add +0.8% | 1.14% | +0.10 |
| UBER Uber Technologies Inc. | Add +2.9% | 0.55% | +0.10 |
| BKNG Booking Holdings Inc. | Add +3.8% | 0.51% | +0.09 |
| COF Capital One Financial Corp. | Add +9.3% | 0.49% | +0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Add +26.9% | 0.47% | +0.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.1% | 0.43% | +0.07 |
| TOST Toast Inc. Class A | Add +0.7% | 0.26% | +0.05 |
| AEP American Electric Power | Add +30.0% | 0.40% | +0.05 |
| PH Parker Hannifin Corp. | Add +2.0% | 0.60% | +0.05 |
| TSLA Tesla Inc. | Add +6.9% | 0.26% | +0.05 |
| USFD US Foods Holding Corp. | Add +5.4% | 0.34% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +29.5% | 0.18% | +0.04 |
| VST Vistra Corp. | Add +351.2% | 0.05% | +0.04 |
| XLK SS Technology Select Sector | Add +2.6% | 0.28% | +0.04 |
| BEP Brookfield Renewable Partner | Add +102.5% | 0.07% | +0.04 |
| VONG Vanguard Russell 1000 Growth | Add +4.0% | 0.26% | +0.03 |
| AXP American Express Co. | Add +3.0% | 0.25% | +0.03 |
| NET Cloudflare Inc. Class A | Add +180.3% | 0.03% | +0.03 |
| AXON Axon Enterprise Inc. | New | 0.03% | +0.03 |
| IWO iShares Russell 2000 Growth | Add +3.0% | 0.40% | +0.02 |
| OLED Universal Display Corp. | Add +1696.5% | 0.03% | +0.02 |
| RBLX Roblox Corp. Class A | Add +469.2% | 0.03% | +0.02 |
| CEG Constellation Energy | Add +14.5% | 0.06% | +0.02 |
| CBRE CBRE Group Inc. Class A | Add +7.8% | 0.35% | +0.02 |
| TKO Tko Group Holdings Inc. | Add +55.9% | 0.05% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | Add +154.9% | 0.03% | +0.02 |
| RL Ralph Lauren Corp. | Add +376.5% | 0.02% | +0.02 |
| DOX Amdocs Ltd. | Add +485.9% | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.5% | 0.16% | +0.02 |
| MRNA Moderna Inc. | New | 0.02% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +96.7% | 0.04% | +0.02 |
| ANET Arista Networks Inc. | Add +0.8% | 0.09% | +0.02 |
| QSR Restaurant Brands Intern | New | 0.02% | +0.02 |
| SNOW Snowflake Inc. | Add +232.3% | 0.02% | +0.02 |
| CAH Cardinal Health Inc. | Add +44.7% | 0.04% | +0.02 |
| CASY Casey's General Stores Inc. | Add +33.8% | 0.05% | +0.02 |
| PLNT Planet Fitness Inc. Class A | New | 0.02% | +0.02 |
| WH Wyndham Hotels & Resorts Inc. | Add +36.1% | 0.13% | +0.02 |
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 |