COMMERCE BANCSHARES INC

Ticker: CBSH CUSIP: 200525103 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 150,464 Value ($000) $7,875 Avg Close $52.11 Range $48.44 - $57.07

Q3 2025

Shares 148,660 Value ($000) $8,884 Avg Close $58.30 Range $54.88 - $62.59

Q2 2025

Shares 150,232 Value ($000) $9,340 Avg Close $57.93 Range $49.49 - $62.12

Q1 2025

Shares 148,982 Value ($000) $9,271 Avg Close $59.88 Range $55.23 - $64.40

Q4 2024

Shares 148,982 Value ($000) $9,283 Avg Close $59.04 Range $50.31 - $67.77

Q3 2024

Shares 141,889 Value ($000) $8,428 Avg Close $54.15 Range $48.48 - $58.18

Q2 2024

Shares 141,889 Value ($000) $7,915 Avg Close $47.99 Range $44.76 - $50.53

Q1 2024

Shares 146,642 Value ($000) $8,557 Avg Close $45.82 Range $43.24 - $48.68

Q4 2023

Shares 141,939 Value ($000) $7,581 Avg Close $41.46 Range $35.60 - $49.64

Q3 2023

Shares 135,144 Value ($000) $6,484 Avg Close $41.31 Range $38.36 - $45.32

Q2 2023

Shares 134,974 Value ($000) $6,573 Avg Close $42.12 Range $37.54 - $48.33

Q1 2023

Shares 146,642 Value ($000) $8,557 Avg Close $52.79 Range $45.66 - $57.30

Q4 2022

Shares 146,643 Value ($000) $9,982 Avg Close $56.76 Range $52.34 - $61.17

Q3 2022

Shares 142,490 Value ($000) $9,427 Avg Close $56.24 Range $52.01 - $59.93

Q2 2022

Shares 142,490 Value ($000) $9,354 Avg Close $55.14 Range $50.88 - $59.98

Q1 2022

Shares 149,440 Value ($000) $10,698 Avg Close $57.13 Range $53.28 - $60.07

Q4 2021

Shares 149,360 Value ($000) $10,267 Avg Close $54.83 Range $51.93 - $57.26

Q3 2021

Shares 142,790 Value ($000) $9,950 Avg Close $53.54 Range $49.49 - $57.50

Q2 2021

Shares 149,020 Value ($000) $11,111 Avg Close $58.31 Range $53.71 - $61.48

Q1 2021

Shares 154,450 Value ($000) $11,832 Avg Close $55.58 Range $48.87 - $62.89

Q4 2020

Shares 161,041 Value ($000) $10,580 Avg Close $46.53 Range $39.14 - $51.16

Q3 2020

Shares 155,197 Value ($000) $8,736 Avg Close $41.07 Range $37.95 - $44.23

Q2 2020

Shares 155,197 Value ($000) $9,230 Avg Close $41.89 Range $34.09 - $49.70

Q1 2020

Shares 155,657 Value ($000) $7,837 Avg Close $44.86 Range $32.28 - $50.80

Q4 2019

Shares 157,809 Value ($000) $10,722 Avg Close $45.53 Range $40.31 - $48.49

Q3 2019

Shares 154,573 Value ($000) $9,375 Avg Close $41.15 Range $38.28 - $43.51

Q2 2019

Shares 159,724 Value ($000) $9,529 Avg Close $41.43 Range $39.66 - $43.21

Q1 2019

Shares 159,588 Value ($000) $9,266 Avg Close $41.87 Range $38.62 - $44.45

Q4 2018

Shares 160,808 Value ($000) $9,065 Avg Close $41.75 Range $37.08 - $44.76

Q3 2018

Shares 153,150 Value ($000) $10,111 Avg Close $45.32 Range $42.24 - $47.64

Q2 2018

Shares 153,030 Value ($000) $9,903 Avg Close $42.06 Range $37.87 - $44.27

Q1 2018

Shares 155,700 Value ($000) $9,328 Avg Close $38.29 Range $35.75 - $40.49

Q4 2017

Shares 156,380 Value ($000) $8,732 Avg Close $36.94 Range $35.36 - $38.20

Q3 2017

Shares 149,487 Value ($000) $8,636 Avg Close $36.44 Range $33.70 - $38.30

Q2 2017

Shares 149,357 Value ($000) $8,488 Avg Close $35.70 Range $33.50 - $37.46

Q1 2017

Shares 149,215 Value ($000) $8,380 Avg Close $36.74 Range $34.22 - $38.88

Q4 2016

Shares 148,811 Value ($000) $8,603 Avg Close $34.52 Range $30.44 - $37.99

Q3 2016

Shares 141,342 Value ($000) $6,963 Avg Close $30.95 Range $29.09 - $32.78

Q2 2016

Shares 141,115 Value ($000) $6,760 Avg Close $29.79 Range $27.21 - $31.28

Q1 2016

Shares 124,175 Value ($000) $5,582 Avg Close $26.60 Range $23.59 - $29.10

Q4 2015

Shares 124,066 Value ($000) $5,278 Avg Close $27.58 Range $25.96 - $29.68

Q3 2015

Shares 118,158 Value ($000) $5,383 Avg Close $27.31 Range $25.22 - $28.93

Q2 2015

Shares 117,921 Value ($000) $5,515 Avg Close $26.27 Range $24.55 - $28.52

Q1 2015

Shares 117,921 Value ($000) $4,990 Avg Close $24.60 Range $23.24 - $25.84

Q4 2014

Shares 127,038 Value ($000) $5,525 Avg Close $24.97 Range $22.29 - $26.05

Q3 2014

Shares 121,597 Value ($000) $5,429 Avg Close $25.44 Range $24.59 - $26.46

Q2 2014

Shares 125,117 Value ($000) $5,818 Avg Close $24.54 Range $23.22 - $26.18

Q1 2014

Shares 125,587 Value ($000) $5,830 Avg Close $24.53 Range $22.87 - $26.10

Q4 2013

Shares 164,605 Value ($000) $7,392 Avg Close $24.09 Range $22.29 - $25.01

Q3 2013

Shares 156,797 Value ($000) $6,869 Avg Close $23.25 Range $21.81 - $24.60

Q2 2013

Shares 157,804 Value ($000) $6,874 Avg Close $21.46 Range $19.80 - $23.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	150,464	$7,875	$52.11	$48.44 - $57.07
Q3 2025	148,660	$8,884	$58.30	$54.88 - $62.59
Q2 2025	150,232	$9,340	$57.93	$49.49 - $62.12
Q1 2025	148,982	$9,271	$59.88	$55.23 - $64.40
Q4 2024	148,982	$9,283	$59.04	$50.31 - $67.77
Q3 2024	141,889	$8,428	$54.15	$48.48 - $58.18
Q2 2024	141,889	$7,915	$47.99	$44.76 - $50.53
Q1 2024	146,642	$8,557	$45.82	$43.24 - $48.68
Q4 2023	141,939	$7,581	$41.46	$35.60 - $49.64
Q3 2023	135,144	$6,484	$41.31	$38.36 - $45.32
Q2 2023	134,974	$6,573	$42.12	$37.54 - $48.33
Q1 2023	146,642	$8,557	$52.79	$45.66 - $57.30
Q4 2022	146,643	$9,982	$56.76	$52.34 - $61.17
Q3 2022	142,490	$9,427	$56.24	$52.01 - $59.93
Q2 2022	142,490	$9,354	$55.14	$50.88 - $59.98
Q1 2022	149,440	$10,698	$57.13	$53.28 - $60.07
Q4 2021	149,360	$10,267	$54.83	$51.93 - $57.26
Q3 2021	142,790	$9,950	$53.54	$49.49 - $57.50
Q2 2021	149,020	$11,111	$58.31	$53.71 - $61.48
Q1 2021	154,450	$11,832	$55.58	$48.87 - $62.89
Q4 2020	161,041	$10,580	$46.53	$39.14 - $51.16
Q3 2020	155,197	$8,736	$41.07	$37.95 - $44.23
Q2 2020	155,197	$9,230	$41.89	$34.09 - $49.70
Q1 2020	155,657	$7,837	$44.86	$32.28 - $50.80
Q4 2019	157,809	$10,722	$45.53	$40.31 - $48.49
Q3 2019	154,573	$9,375	$41.15	$38.28 - $43.51
Q2 2019	159,724	$9,529	$41.43	$39.66 - $43.21
Q1 2019	159,588	$9,266	$41.87	$38.62 - $44.45
Q4 2018	160,808	$9,065	$41.75	$37.08 - $44.76
Q3 2018	153,150	$10,111	$45.32	$42.24 - $47.64
Q2 2018	153,030	$9,903	$42.06	$37.87 - $44.27
Q1 2018	155,700	$9,328	$38.29	$35.75 - $40.49
Q4 2017	156,380	$8,732	$36.94	$35.36 - $38.20
Q3 2017	149,487	$8,636	$36.44	$33.70 - $38.30
Q2 2017	149,357	$8,488	$35.70	$33.50 - $37.46
Q1 2017	149,215	$8,380	$36.74	$34.22 - $38.88
Q4 2016	148,811	$8,603	$34.52	$30.44 - $37.99
Q3 2016	141,342	$6,963	$30.95	$29.09 - $32.78
Q2 2016	141,115	$6,760	$29.79	$27.21 - $31.28
Q1 2016	124,175	$5,582	$26.60	$23.59 - $29.10
Q4 2015	124,066	$5,278	$27.58	$25.96 - $29.68
Q3 2015	118,158	$5,383	$27.31	$25.22 - $28.93
Q2 2015	117,921	$5,515	$26.27	$24.55 - $28.52
Q1 2015	117,921	$4,990	$24.60	$23.24 - $25.84
Q4 2014	127,038	$5,525	$24.97	$22.29 - $26.05
Q3 2014	121,597	$5,429	$25.44	$24.59 - $26.46
Q2 2014	125,117	$5,818	$24.54	$23.22 - $26.18
Q1 2014	125,587	$5,830	$24.53	$22.87 - $26.10
Q4 2013	164,605	$7,392	$24.09	$22.29 - $25.01
Q3 2013	156,797	$6,869	$23.25	$21.81 - $24.60
Q2 2013	157,804	$6,874	$21.46	$19.80 - $23.09