NPORT-P false 0000926243 XXXXXXXX S000010026 C000027721 COMMERCE FUNDS 811-08598 0000926243 5493008VDCPHK1O3IK55 1000 Walnut Street, Suite 1580 KANSAS CITY 64106-1809 1-800-995-6365 The Value Fund S000010026 549300UPIP590J3Q8Z31 2026-10-31 2026-04-30 N 230391592.59 219178.93 230172413.66 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Cisco Systems Inc 549300LKFJ962MZ46593 17275R102 56770.00000000 NS USD 5194455.00000000 2.256766967597 Long EC CORP US N 1 N N N Blackrock Inc 529900VBK42Y5HHRMD23 09290D101 4665.00000000 NS USD 4971024.00000000 2.159695821473 Long EC CORP US N 1 N N N American Electric Power Co Inc 1B4S6S7G0TW5EE83BO58 025537101 21385.00000000 NS USD 2932097.35000000 1.273870010474 Long EC CORP US N 1 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 25746U109 44590.00000000 NS USD 2876055.00000000 1.249522023194 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 609207105 48280.00000000 NS USD 2966323.20000000 1.288739668160 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 18570.00000000 NS USD 4268314.50000000 1.854398810061 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 13610.00000000 NS USD 3995759.90000000 1.735985575535 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 55505.00000000 NS USD 4564176.15000000 1.982937953955 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 19405.00000000 NS USD 4100664.60000000 1.781562149344 Long EC CORP US N 1 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 009158106 10360.00000000 NS USD 3108518.00000000 1.350517184301 Long EC CORP US N 1 N N N Southern Copper Corp 2549007U6NAP46Q9TU15 84265V105 24132.00000000 NS USD 4143223.08000000 1.800051975872 Long EC CORP US N 1 N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 969457100 60130.00000000 NS USD 4588520.30000000 1.993514438605 Long EC CORP US N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 000000000 13610.00000000 NS USD 4450470.00000000 1.933537529208 Long EC CORP CH N 1 N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 693475105 13680.00000000 NS USD 3050640.00000000 1.325371686159 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 12285.00000000 NS USD 4229725.50000000 1.837633551624 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 139905.00000000 NS USD 3783031.20000000 1.643564117804 Long EC CORP US N 1 N N N Amdocs Ltd 549300HQV672RJ7RQV66 000000000 40445.00000000 NS USD 2615578.15000000 1.136356050844 Long EC CORP GG N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 49110.00000000 NS USD 3976436.70000000 1.727590477403 Long EC CORP IE N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 713448108 28000.00000000 NS USD 4437720.00000000 1.927998203362 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 882508104 23105.00000000 NS USD 6494353.40000000 2.821516834590 Long EC CORP US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 12572Q105 14080.00000000 NS USD 4052505.60000000 1.760639138096 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 21725.00000000 NS USD 8359780.00000000 3.631964346669 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 74340W103 33180.00000000 NS USD 4712223.60000000 2.047258194442 Long EC US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 742718109 29060.00000000 NS USD 4274435.40000000 1.857058077478 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 539830109 6650.00000000 NS USD 3444500.50000000 1.496487109479 Long EC CORP US N 1 N N N A O Smith Corp 549300XG4US7UJNECY36 831865209 39710.00000000 NS USD 2455666.40000000 1.066881283013 Long EC CORP US N 1 N N N Tyson Foods Inc WD6L6041MNRW1JE49D58 902494103 45900.00000000 NS USD 2940813.00000000 1.277656585008 Long EC CORP US N 1 N N N Packaging Corp of America 549300XZP8MFZFY8TJ84 695156109 12670.00000000 NS USD 2704411.50000000 1.174950315286 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 23505.00000000 NS USD 4543751.55000000 1.974064344961 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 43965.00000000 NS USD 4561368.75000000 1.981718259572 Long EC CORP US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 931142103 26765.00000000 NS USD 3531106.45000000 1.534113664557 Long EC CORP US N 1 N N N Public Storage 254900GLQZAD4N7N5Q19 74460D109 9155.00000000 NS USD 2768929.75000000 1.202980716051 Long EC US N 1 N N N Stanley Black & Decker Inc 549300DJ09SMTO561131 854502101 37070.00000000 NS USD 2897391.20000000 1.258791683124 Long EC CORP US N 1 N N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 30231G102 29560.00000000 NS USD 4561994.80000000 1.981990251333 Long EC CORP US N 1 N N N Darden Restaurants Inc CY1NFSCCB5GUXC7WZC70 237194105 13885.00000000 NS USD 2784775.60000000 1.209865055381 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 084670702 10500.00000000 NS USD 4972800.00000000 2.160467416979 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 11010.00000000 NS USD 4595904.30000000 1.996722468570 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162100 12080.00000000 NS USD 4182700.00000000 1.817202997305 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 91785.00000000 NS USD 4906826.10000000 2.131804598985 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 12480.00000000 NS USD 4103424.00000000 1.782760989794 Long EC CORP US N 1 N N N Abbott Laboratories HQD377W2YR662HK5JX27 002824100 40745.00000000 NS USD 3699238.55000000 1.607159820405 Long EC CORP US N 1 N N N Littelfuse Inc 549300MY7HLQFYTPCX75 537008104 9330.00000000 NS USD 3770906.10000000 1.638296284093 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 39255.00000000 NS USD 3144325.50000000 1.366074000789 Long EC CORP US N 1 N N N Illinois Tool Works Inc 76NA4I14SZCFAYMNSV04 452308109 10175.00000000 NS USD 2625251.75000000 1.140558813393 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 33695.00000000 NS USD 4365187.25000000 1.896485847538 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 87375.00000000 NS USD 4196621.25000000 1.823251180829 Long EC CORP US N 1 N N N RTX Corp I07WOS4YJ0N7YRFE7309 75513E101 21285.00000000 NS USD 3747649.95000000 1.628192488581 Long EC CORP US N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 291011104 20385.00000000 NS USD 2862869.40000000 1.243793447910 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 27855.00000000 NS USD 5308884.45000000 2.306481635041 Long EC CORP US N 1 N N N Monolithic Power Systems Inc 529900TB7O85LSZ1XU31 609839105 2905.00000000 NS USD 4689861.05000000 2.037542629642 Long EC CORP US N 1 N N N KLA Corp 549300H0BF5JCG96TJ81 482480100 2545.00000000 NS USD 4454640.75000000 1.935349540445 Long EC CORP US N 1 N N N iShares Russell 1000 Value ETF 549300KLSYN5NN4YNM90 464287598 9000.00000000 NS USD 2081250.00000000 0.904213483668 Long EC RF US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 38560.00000000 NS USD 4209980.80000000 1.829055329896 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 17860.00000000 NS USD 5594287.80000000 2.430477098034 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 16970.00000000 NS USD 4498068.20000000 1.954216897010 Long EC CORP US N 1 N N N State Street Institutional US Government Money Market Fund 549300BZ5TGIFZUZDZ37 857492706 201524.59000000 NS USD 201524.59000000 0.087553754507 Long EC RF US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680103 32435.00000000 NS USD 2998940.10000000 1.302910306371 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 000000000 12835.00000000 NS USD 5557683.35000000 2.414574041096 Long EC CORP IE N 1 N N N 2026-05-14 COMMERCE FUNDS Bill Schuetter Bill Schuetter President