COMMERCE BANCSHARES INC

Ticker: CBSH CUSIP: 200525103 Class: COM

V-Square Quantitative Management LLC's Holding History (CIK: 0001943239)

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

Q4 2025

Shares 773 Value ($000) $40 Avg Close $52.11 Range $48.44 - $57.07

Q2 2025

Shares 451 Value ($000) $28 Avg Close $57.93 Range $49.49 - $62.12

Q1 2025

Shares 791 Value ($000) $49 Avg Close $59.88 Range $55.23 - $64.40

Q4 2024

Shares 791 Value ($000) $49 Avg Close $59.04 Range $50.31 - $67.77

Q3 2024

Shares 430 Value ($000) $26 Avg Close $54.15 Range $48.48 - $58.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	773	$40	$52.11	$48.44 - $57.07
Q2 2025	451	$28	$57.93	$49.49 - $62.12
Q1 2025	791	$49	$59.88	$55.23 - $64.40
Q4 2024	791	$49	$59.04	$50.31 - $67.77
Q3 2024	430	$26	$54.15	$48.48 - $58.18