Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

COMMERCE BANCSHARES INC (CBSH)

423 + Investors. Track Smart Money conviction in CBSH. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -15
Streak
2Q ▼
Buyers last Q
62%

Smart Money Signals — CBSH

Based on 420 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CBSH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
420 funds currently hold this stock — 93% of the 3.0-year high of 452 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding CBSH is almost the same as a year ago (-14 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 62% buying

303 buying183 selling
Last quarter: 303 funds were net buyers (58 opened a brand new position + 245 added to an existing one). Only 183 were sellers (110 trimmed + 73 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new CBSH position: 45 → 74 → 44 → 58. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 19% medium ■ 12% new
290 out of 420 hedge funds have held CBSH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~58 new funds/quarter

65 → 45 → 74 → 44 → 58 new funds/Q
New funds entering each quarter: 45 → 74 → 44 → 58. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 12% 1-2yr ■ 17% new
Of 423 current holders: 298 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
42 of 420 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CBSH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CBSH

How many hedge funds hold CBSH — quarterly history vs. share price
Quarterly hedge fund ownership of CBSH vs. share price

Market Analysis: CBSH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CBSH

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

53 top-rated funds 1 high-conviction
Consensus
7.5
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: CBSH
2026 Q1 Stats Unlock in 22 days 423 + Investors

Track Smart Money conviction in CBSH. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 423 438 -3.42%
13F Shares 97M 92M 5.42%
Total Value $5.06B $5.47B -7.53%
New Positions 58 44 +14
Increased Positions 249 174 +75
Closed Positions 73 61 +12
Reduced Positions 112 133 -21
Total Calls 3 3 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: CBSH

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

423 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CBSH. Verified SEC 13F-HR filings.

Top 25 institutional holders of CBSH — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 STRATEGIC VALUE BANK PARTNERS LLC 18.84% 712,590 $35.1M
2 Clark & Stuart, Inc 2.78% 83,929 $4.1M
3 Boston Trust Walden Corp 0.78% 1,934,136 $95.2M
4 Cushing Capital Partners, LLC 0.40% 10,553 $519K
5 Peregrine Asset Advisers, Inc. 0.35% 26,451 $1.3M
6 MQS Management LLC 0.33% 10,014 $493K
7 PFW Advisors LLC 0.33% 21,497 $1.1M
8 Stonebridge Financial Group, LLC 0.31% 77,855 $3.8M
9 MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC 0.26% 30,380 $1.5M
10 ATWOOD & PALMER INC 0.20% 71,788 $3.5M
11 Trust Co 0.20% 42,987 $2.1M
12 United Advisor Group, LLC 0.18% 28,894 $1.4M
13 Marshall Financial Group, LLC 0.15% 19,664 $967K
14 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.15% 7,290 $359K
15 NOVEM GROUP 0.13% 22,922 $1.1M
16 Detalus Advisors, LLC 0.13% 11,293 $556K
17 CLARIS ADVISORS, LLC / MO / 0.11% 7,525 $370K
18 Plancorp, LLC 0.08% 54,242 $2.7M
19 Vest Financial, LLC 0.07% 126,117 $6.2M
20 Simmons Bank 0.07% 21,610 $1.1M
21 Outlook Wealth Advisors, LLC 0.07% 5,911 $291K
22 Y-Intercept (Hong Kong) Ltd 0.07% 75,070 $3.7M
23 OPPENHEIMER & CO INC 0.06% 99,294 $4.9M
24 Wealth Alliance Advisory Group, LLC 0.05% 6,994 $344K
25 Daytona Street Capital LLC 0.05% 1,345 $66K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — COMMERCE BANCSHARES INC (CBSH)

What does the Smart Money Trend signal show for CBSH?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CBSH positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CBSH?

More buyers than sellers — 62% buying: Last quarter: 303 funds were net buyers (58 opened a brand new position + 245 added to an existing one). Only 183 were sellers (110 trimmed + 73 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CBSH holders?

Elite ownership — 56% AUM from top-100 funds: 42 of 420 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CBSH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CBSH?

69% of holders stayed for 2+ years: 290 out of 420 hedge funds have held CBSH for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.