SC 13G/A: COMMERCE BANCSHARES INC /MO/
Ticker: CBSH · Form: SC 13G/A · Filed: Feb 14, 2024 · CIK: 22356
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by COMMERCE BANCSHARES INC /MO/.
Risk Assessment
Risk Level: low
Filing Stats: 1,095 words · 4 min read · ~4 pages · Grade level 7.9 · Accepted 2024-02-14 11:15:52
Key Financial Figures
- $5 — of Issuer) Common Stock, Par Value of $5 Per Share (Title of Class of Securitie
Filing Documents
- fp0086871-2_sc13ga.htm (SC 13G/A) — 42KB
- 0001398344-24-002968.txt ( ) — 44KB
If this statement is filed pursuant to §§240.13d-1(b)
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with §240.13d-1(b)(1)(ii)(J). CUSIP No. 200525103 13G Page 4 of 5 Pages
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 8,844,209 (b) Percent of class: 6.78% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 8,236,348 (ii) Shared power to vote or to direct the vote: None (iii) Sole power to dispose or to direct the disposition of: 8,844,209 (iv) Shared power to dispose or to direct the disposition of: None
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Instruction . Dissolution of a group requires a response to this item.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. All of the shares of Common Stock set forth in Item 4 are owned by various investment advisory clients of Aristotle Capital Management, LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to its discretionary power to make investment decisions over such shares for its clients and/or its ability to vote such shares. In all cases, persons other than Aristotle Capital Management, LLC have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of the shares. No individual client holds more than five percent of the class.
Identification and Classification of the Subsidiary Which Acquired
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable. CUSIP No. 200525103 13G Page 5 of 5 Pages
Certification
Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Aristotle Capital Management, LLC By: /s/ Michelle M. Gosom Name: Michelle M. Gosom Title: Chief Compliance Officer Date: February 14, 2024