COMMERCE BANCSHARES INC

Ticker: CBSH CUSIP: 200525103 Class: COM

Paragon Capital Management LLC's Holding History (CIK: 0001388437)

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

Q4 2025

Shares 42,757 Value ($000) $2,238 Avg Close $52.11 Range $48.44 - $57.07

Q3 2025

Shares 40,448 Value ($000) $2,417 Avg Close $58.30 Range $54.88 - $62.59

Q2 2025

Shares 40,448 Value ($000) $2,515 Avg Close $57.93 Range $49.49 - $62.12

Q1 2025

Shares 40,623 Value ($000) $2,528 Avg Close $59.88 Range $55.23 - $64.40

Q4 2024

Shares 40,663 Value ($000) $2,534 Avg Close $59.04 Range $50.31 - $67.77

Q3 2024

Shares 39,072 Value ($000) $2,321 Avg Close $54.15 Range $48.48 - $58.18

Q2 2024

Shares 39,072 Value ($000) $2,179 Avg Close $47.99 Range $44.76 - $50.53

Q1 2024

Shares 39,612 Value ($000) $2,107 Avg Close $45.82 Range $43.24 - $48.68

Q4 2023

Shares 39,612 Value ($000) $2,116 Avg Close $41.46 Range $35.60 - $49.64

Q3 2023

Shares 38,029 Value ($000) $1,825 Avg Close $41.31 Range $38.36 - $45.32

Q2 2023

Shares 40,779 Value ($000) $1,986 Avg Close $42.12 Range $37.54 - $48.33

Q1 2023

Shares 41,804 Value ($000) $2,439 Avg Close $52.79 Range $45.66 - $57.30

Q4 2022

Shares 41,804 Value ($000) $2,846 Avg Close $56.76 Range $52.34 - $61.17

Q3 2022

Shares 39,758 Value ($000) $2,630 Avg Close $56.24 Range $52.01 - $59.93

Q2 2022

Shares 40,043 Value ($000) $2,629 Avg Close $55.14 Range $50.88 - $59.98

Q1 2022

Shares 40,043 Value ($000) $2,867 Avg Close $57.13 Range $53.28 - $60.07

Q4 2021

Shares 39,294 Value ($000) $2,701 Avg Close $54.83 Range $51.93 - $57.26

Q3 2021

Shares 38,138 Value ($000) $2,657 Avg Close $53.54 Range $49.49 - $57.50

Q2 2021

Shares 38,138 Value ($000) $2,844 Avg Close $58.31 Range $53.71 - $61.48

Q1 2021

Shares 39,838 Value ($000) $3,077 Avg Close $55.58 Range $48.87 - $62.89

Q4 2020

Shares 40,438 Value ($000) $2,657 Avg Close $46.53 Range $39.14 - $51.16

Q3 2020

Shares 38,514 Value ($000) $2,168 Avg Close $41.07 Range $37.95 - $44.23

Q2 2020

Shares 38,514 Value ($000) $2,290 Avg Close $41.89 Range $34.09 - $49.70

Q1 2020

Shares 38,514 Value ($000) $1,939 Avg Close $44.86 Range $32.28 - $50.80

Q4 2019

Shares 41,514 Value ($000) $2,820 Avg Close $45.53 Range $40.31 - $48.49

Q3 2019

Shares 39,539 Value ($000) $2,398 Avg Close $41.15 Range $38.28 - $43.51

Q2 2019

Shares 39,539 Value ($000) $2,359 Avg Close $41.43 Range $39.66 - $43.21

Q1 2019

Shares 40,054 Value ($000) $2,326 Avg Close $41.87 Range $38.62 - $44.45

Q4 2018

Shares 40,054 Value ($000) $2,257 Avg Close $41.75 Range $37.08 - $44.76

Q3 2018

Shares 38,148 Value ($000) $2,519,000 Avg Close $45.32 Range $42.24 - $47.64

Q2 2018

Shares 38,148 Value ($000) $2,469 Avg Close $42.06 Range $37.87 - $44.27

Q1 2018

Shares 38,148 Value ($000) $2,285 Avg Close $38.29 Range $35.75 - $40.49

Q4 2017

Shares 98,454 Value ($000) $5,497 Avg Close $36.94 Range $35.36 - $38.20

Q3 2017

Shares 93,767 Value ($000) $5,416 Avg Close $36.44 Range $33.70 - $38.30

Q2 2017

Shares 93,767 Value ($000) $5,328 Avg Close $35.70 Range $33.50 - $37.46

Q1 2017

Shares 93,821 Value ($000) $5,269 Avg Close $36.74 Range $34.22 - $38.88

Q4 2016

Shares 96,821 Value ($000) $5,597 Avg Close $34.52 Range $30.44 - $37.99

Q3 2016

Shares 92,213 Value ($000) $4,542 Avg Close $30.95 Range $29.09 - $32.78

Q2 2016

Shares 47,184 Value ($000) $2,260 Avg Close $29.79 Range $27.21 - $31.28

Q1 2016

Shares 47,219 Value ($000) $2,122 Avg Close $26.60 Range $23.59 - $29.10

Q4 2015

Shares 47,406 Value ($000) $2,016 Avg Close $27.58 Range $25.96 - $29.68

Q3 2015

Shares 45,174 Value ($000) $2,058 Avg Close $27.31 Range $25.22 - $28.93

Q2 2015

Shares 45,267 Value ($000) $2,117 Avg Close $26.27 Range $24.55 - $28.52

Q1 2015

Shares 45,712 Value ($000) $1,934 Avg Close $24.60 Range $23.24 - $25.84

Q4 2014

Shares 45,857 Value ($000) $1,994 Avg Close $24.97 Range $22.29 - $26.05

Q3 2014

Shares 44,076 Value ($000) $1,967 Avg Close $25.44 Range $24.59 - $26.46

Q2 2014

Shares 44,076 Value ($000) $2,049 Avg Close $24.54 Range $23.22 - $26.18

Q1 2014

Shares 44,076 Value ($000) $2,046 Avg Close $24.53 Range $22.87 - $26.10

Q4 2013

Shares 34,211 Value ($000) $1,536 Avg Close $24.09 Range $22.29 - $25.01

Q3 2013

Shares 32,584 Value ($000) $1,427 Avg Close $23.25 Range $21.81 - $24.60

Q2 2013

Shares 32,951 Value ($000) $1,435 Avg Close $21.46 Range $19.80 - $23.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	42,757	$2,238	$52.11	$48.44 - $57.07
Q3 2025	40,448	$2,417	$58.30	$54.88 - $62.59
Q2 2025	40,448	$2,515	$57.93	$49.49 - $62.12
Q1 2025	40,623	$2,528	$59.88	$55.23 - $64.40
Q4 2024	40,663	$2,534	$59.04	$50.31 - $67.77
Q3 2024	39,072	$2,321	$54.15	$48.48 - $58.18
Q2 2024	39,072	$2,179	$47.99	$44.76 - $50.53
Q1 2024	39,612	$2,107	$45.82	$43.24 - $48.68
Q4 2023	39,612	$2,116	$41.46	$35.60 - $49.64
Q3 2023	38,029	$1,825	$41.31	$38.36 - $45.32
Q2 2023	40,779	$1,986	$42.12	$37.54 - $48.33
Q1 2023	41,804	$2,439	$52.79	$45.66 - $57.30
Q4 2022	41,804	$2,846	$56.76	$52.34 - $61.17
Q3 2022	39,758	$2,630	$56.24	$52.01 - $59.93
Q2 2022	40,043	$2,629	$55.14	$50.88 - $59.98
Q1 2022	40,043	$2,867	$57.13	$53.28 - $60.07
Q4 2021	39,294	$2,701	$54.83	$51.93 - $57.26
Q3 2021	38,138	$2,657	$53.54	$49.49 - $57.50
Q2 2021	38,138	$2,844	$58.31	$53.71 - $61.48
Q1 2021	39,838	$3,077	$55.58	$48.87 - $62.89
Q4 2020	40,438	$2,657	$46.53	$39.14 - $51.16
Q3 2020	38,514	$2,168	$41.07	$37.95 - $44.23
Q2 2020	38,514	$2,290	$41.89	$34.09 - $49.70
Q1 2020	38,514	$1,939	$44.86	$32.28 - $50.80
Q4 2019	41,514	$2,820	$45.53	$40.31 - $48.49
Q3 2019	39,539	$2,398	$41.15	$38.28 - $43.51
Q2 2019	39,539	$2,359	$41.43	$39.66 - $43.21
Q1 2019	40,054	$2,326	$41.87	$38.62 - $44.45
Q4 2018	40,054	$2,257	$41.75	$37.08 - $44.76
Q3 2018	38,148	$2,519,000	$45.32	$42.24 - $47.64
Q2 2018	38,148	$2,469	$42.06	$37.87 - $44.27
Q1 2018	38,148	$2,285	$38.29	$35.75 - $40.49
Q4 2017	98,454	$5,497	$36.94	$35.36 - $38.20
Q3 2017	93,767	$5,416	$36.44	$33.70 - $38.30
Q2 2017	93,767	$5,328	$35.70	$33.50 - $37.46
Q1 2017	93,821	$5,269	$36.74	$34.22 - $38.88
Q4 2016	96,821	$5,597	$34.52	$30.44 - $37.99
Q3 2016	92,213	$4,542	$30.95	$29.09 - $32.78
Q2 2016	47,184	$2,260	$29.79	$27.21 - $31.28
Q1 2016	47,219	$2,122	$26.60	$23.59 - $29.10
Q4 2015	47,406	$2,016	$27.58	$25.96 - $29.68
Q3 2015	45,174	$2,058	$27.31	$25.22 - $28.93
Q2 2015	45,267	$2,117	$26.27	$24.55 - $28.52
Q1 2015	45,712	$1,934	$24.60	$23.24 - $25.84
Q4 2014	45,857	$1,994	$24.97	$22.29 - $26.05
Q3 2014	44,076	$1,967	$25.44	$24.59 - $26.46
Q2 2014	44,076	$2,049	$24.54	$23.22 - $26.18
Q1 2014	44,076	$2,046	$24.53	$22.87 - $26.10
Q4 2013	34,211	$1,536	$24.09	$22.29 - $25.01
Q3 2013	32,584	$1,427	$23.25	$21.81 - $24.60
Q2 2013	32,951	$1,435	$21.46	$19.80 - $23.09