COMMERCE BANK

PrivateCIK: 1009076

Location

KANSAS CITY, MO

1313

Positions

$20.65B

Total AUM (reported)

143.18M

Total Shares

Allocation by class

COM$12.48B60.4%

CAP STK CL A$774.64M3.8%

CL A$662.64M3.2%

COM NEW$530.76M2.6%

SHS$380.34M1.8%

TR UNIT$326.15M1.6%

CORE S&P500 ETF$305.94M1.5%

Portfolio Concentration

Top 3$2.79B13.5%

4–10$3.15B15.3%

11–25$3.17B15.4%

Rest$11.54B55.9%

Top 3 weight

13.5%

Top 10 weight

28.8%

Voting Authority Distribution

Total shares with voting rights: 143.18M

Sole

Full voting authority

135.95M

% of voting shares95.0%

Shared

Joint voting authority

% of voting shares1.4%

None

No voting authority

5.23M

% of voting shares3.6%

Investment Discretion (by position count)

Sole1253

Shared0

Other60

Dominant voting typeSole · 95.0% of voting shares

Institutional Holdings1313

Rows:

APPLE INC

SOLE

COM

Shares4.32M

TypeSH

Market value$1.10B

5.31%

Sole

4.25M

Shared

42.55K

None

31.83K

NVIDIA CORPORATION

SOLE

COM

Shares5.14M

TypeSH

Market value$897.18M

4.34%

Sole

5.03M

Shared

76.39K

None

37.46K

MICROSOFT CORP

SOLE

COM

Shares2.16M

TypeSH

Market value$800.44M

3.88%

Sole

2.12M

Shared

23.60K

None

20.07K

ALPHABET INC

SOLE

CAP STK CL A

Shares2.69M

TypeSH

Market value$774.64M

3.75%

Sole

2.63M

Shared

43.62K

None

16.41K

AMAZON COM INC

SOLE

COM

Shares2.61M

TypeSH

Market value$544.46M

2.64%

Sole

2.57M

Shared

33.59K

None

14.08K

BROADCOM INC

SOLE

COM

Shares1.48M

TypeSH

Market value$458.96M

2.22%

Sole

1.44M

Shared

31.70K

None

9.41K

JPMORGAN CHASE & CO

SOLE

COM

Shares1.35M

TypeSH

Market value$397.32M

1.92%

Sole

1.33M

Shared

14.08K

None

8.15K

COMMERCE BANCSHARES INC

SOLE

COM

Shares7.01M

TypeSH

Market value$344.91M

1.67%

Sole

2.37M

Shared

408.51K

None

4.23M

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares501.50K

TypeSH

Market value$326.15M

1.58%

Sole

495.40K

Shared

817.00

None

5.28K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares468.37K

TypeSH

Market value$305.94M

1.48%

Sole

467.44K

Shared

0.00

None

930.00

ISHARES TR

SOLE

RUS MDCP VAL ETF

Shares1.98M

TypeSH

Market value$288.63M

1.40%

Sole

1.95M

Shared

32.86K

None

1.77K

EXXON MOBIL CORP

SOLE

COM

Shares1.67M

TypeSH

Market value$283.30M

1.37%

Sole

1.63M

Shared

24.98K

None

14.55K

JOHNSON & JOHNSON

SOLE

COM

Shares971.93K

TypeSH

Market value$237.58M

1.15%

Sole

952.36K

Shared

12.12K

None

7.45K

META PLATFORMS INC

SOLE

CL A

Shares414.19K

TypeSH

Market value$236.97M

1.15%

Sole

406.08K

Shared

6.63K

None

1.48K

ALPHABET INC

SOLE

CAP STK CL C

Shares787.90K

TypeSH

Market value$226.02M

1.09%

Sole

779.55K

Shared

2.38K

None

5.97K

MORGAN STANLEY

SOLE

COM NEW

Shares1.29M

TypeSH

Market value$211.64M

1.02%

Sole

1.26M

Shared

16.60K

None

5.64K

VISA INC

SOLE

COM CL A

Shares695.20K

TypeSH

Market value$210.12M

1.02%

Sole

684.38K

Shared

5.42K

None

5.40K

PROCTER & GAMBLE CO

SOLE

COM

Shares1.45M

TypeSH

Market value$209.60M

1.01%

Sole

1.40M

Shared

37.34K

None

10.35K

ISHARES TR

SOLE

RUS MD CP GR ETF

Shares1.62M

TypeSH

Market value$207.29M

1.00%

Sole

1.61M

Shared

9.77K

None

2.50K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares464.58K

TypeSH

Market value$198.10M

0.96%

Sole

456.09K

Shared

8.31K

None

180.00

CATERPILLAR INC

SOLE

COM

Shares259.48K

TypeSH

Market value$183.83M

0.89%

Sole

256.16K

Shared

2.15K

None

1.18K

ELI LILLY & CO

SOLE

COM

Shares191.23K

TypeSH

Market value$175.89M

0.85%

Sole

185.66K

Shared

2.27K

None

3.29K

UNITED PARCEL SVCS INC

SOLE

CL B

Shares1.74M

TypeSH

Market value$171.47M

0.83%

Sole

1.74M

Shared

0.00

None

693.00

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares681.63K

TypeSH

Market value$169.04M

0.82%

Sole

675K

Shared

1.89K

None

4.74K

MCDONALDS CORP

SOLE

COM

Shares520.57K

TypeSH

Market value$161.79M

0.78%

Sole

506.55K

Shared

10.17K

None

3.85K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared	None
APPLE INCSOLE	COM	4.32M	SH	$1.10B 5.31%	4.25M	42.55K	31.83K
NVIDIA CORPORATIONSOLE	COM	5.14M	SH	$897.18M 4.34%	5.03M	76.39K	37.46K
MICROSOFT CORPSOLE	COM	2.16M	SH	$800.44M 3.88%	2.12M	23.60K	20.07K
ALPHABET INCSOLE	CAP STK CL A	2.69M	SH	$774.64M 3.75%	2.63M	43.62K	16.41K
AMAZON COM INCSOLE	COM	2.61M	SH	$544.46M 2.64%	2.57M	33.59K	14.08K
BROADCOM INCSOLE	COM	1.48M	SH	$458.96M 2.22%	1.44M	31.70K	9.41K
JPMORGAN CHASE & COSOLE	COM	1.35M	SH	$397.32M 1.92%	1.33M	14.08K	8.15K
COMMERCE BANCSHARES INCSOLE	COM	7.01M	SH	$344.91M 1.67%	2.37M	408.51K	4.23M
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	501.50K	SH	$326.15M 1.58%	495.40K	817.00	5.28K
ISHARES TRSOLE	CORE S&P500 ETF	468.37K	SH	$305.94M 1.48%	467.44K	0.00	930.00
ISHARES TRSOLE	RUS MDCP VAL ETF	1.98M	SH	$288.63M 1.40%	1.95M	32.86K	1.77K
EXXON MOBIL CORPSOLE	COM	1.67M	SH	$283.30M 1.37%	1.63M	24.98K	14.55K
JOHNSON & JOHNSONSOLE	COM	971.93K	SH	$237.58M 1.15%	952.36K	12.12K	7.45K
META PLATFORMS INCSOLE	CL A	414.19K	SH	$236.97M 1.15%	406.08K	6.63K	1.48K
ALPHABET INCSOLE	CAP STK CL C	787.90K	SH	$226.02M 1.09%	779.55K	2.38K	5.97K
MORGAN STANLEYSOLE	COM NEW	1.29M	SH	$211.64M 1.02%	1.26M	16.60K	5.64K
VISA INCSOLE	COM CL A	695.20K	SH	$210.12M 1.02%	684.38K	5.42K	5.40K
PROCTER & GAMBLE COSOLE	COM	1.45M	SH	$209.60M 1.01%	1.40M	37.34K	10.35K
ISHARES TRSOLE	RUS MD CP GR ETF	1.62M	SH	$207.29M 1.00%	1.61M	9.77K	2.50K
ISHARES TRSOLE	RUS 1000 GRW ETF	464.58K	SH	$198.10M 0.96%	456.09K	8.31K	180.00
CATERPILLAR INCSOLE	COM	259.48K	SH	$183.83M 0.89%	256.16K	2.15K	1.18K
ELI LILLY & COSOLE	COM	191.23K	SH	$175.89M 0.85%	185.66K	2.27K	3.29K
UNITED PARCEL SVCS INCSOLE	CL B	1.74M	SH	$171.47M 0.83%	1.74M	0.00	693.00
ISHARES TRSOLE	RUSSELL 2000 ETF	681.63K	SH	$169.04M 0.82%	675K	1.89K	4.74K
MCDONALDS CORPSOLE	COM	520.57K	SH	$161.79M 0.78%	506.55K	10.17K	3.85K

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