Commerce Bancshares
CBSH
457 hedge funds and large institutions have $5.21B invested in Commerce Bancshares in 2025 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 140 increasing their positions, 227 reducing their positions, and 66 closing their positions.
5,324% more call options, than puts
Call options by funds: $3.58M | Put options by funds: $66K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
4.3% more ownership
Funds ownership: 70.77% → 75.07% (+4.3%)
4% less funds holding
Funds holding: 474 → 457 (-17)
8% less capital invested
Capital invested by funds: $5.64B → $5.21B (-$436M)
14% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 66
38% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 227
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$58.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$55.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$29.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$29M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$25.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aristotle Capital Management
Los Angeles,
California
|
-$191M |
| 2 |
Morgan Stanley
New York
|
-$44.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$43.6M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$29.2M |
| 5 |
Millennium Management
New York
|
-$24.5M |
CBSH Hedge Fund Activity: Q4 2025 in Review
457 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in Commerce Bancshares (CBSH) for Q4 2025, worth a combined $5.21B — down 7.7% from $5.64B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of CBSH and 57 opened new positions — a net loss of 9 holders — while 227 trimmed existing stakes and 140 added.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $58.8M. The largest seller was Aristotle Capital Management, cutting an estimated $191M.
- 457 institutional investors held Commerce Bancshares (CBSH) as of Q4 2025, down from 474 in Q3 2025.
- Funds reported $5.21B of Commerce Bancshares stock for Q4 2025, down 7.7% quarter-over-quarter.
- 57 funds opened new Commerce Bancshares positions in Q4 2025 and 66 closed out, a net change of -9 holders.
- The largest Commerce Bancshares buyer in Q4 2025 was Champlain Investment Partners, an estimated $58.8M added.
- The largest Commerce Bancshares seller in Q4 2025 was Aristotle Capital Management, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2025.