NPORT-P false 0000926243 XXXXXXXX S000010026 C000027721 COMMERCE FUNDS 811-08598 0000926243 5493008VDCPHK1O3IK55 922 Walnut Street, Suite 401 KANSAS CITY 64106-1809 1-800-995-6365 The Value Fund S000010026 549300UPIP590J3Q8Z31 2020-10-31 2020-04-30 N 245737949.08 261848.05 245476101.03 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 State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 5857316.89000000 NS USD 5857316.89000000 2.386104743159 Long STIV RF US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 12572Q105 40500.00000000 NS USD 7217505.00000000 2.940206793946 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 742718109 44500.00000000 NS USD 5245215.00000000 2.136751797014 Long EC CORP US N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 291011104 75000.00000000 NS USD 4277250.00000000 1.742430314826 Long EC CORP US N 1 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 911312106 47500.00000000 NS USD 4496350.00000000 1.831685439492 Long EC CORP US N 1 N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 73500.00000000 NS USD 4523925.00000000 1.842918712256 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 62000.00000000 NS USD 4919080.00000000 2.003893649670 Long EC CORP US N 1 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558103 83000.00000000 NS USD 6972000.00000000 2.840195021326 Long EC CORP US N 1 N N N Paychex Inc 529900K900DW6SUBM174 704326107 65500.00000000 NS USD 4488060.00000000 1.828308328659 Long EC CORP US N 1 N N N International Paper Co 824LMFJDH41EY779Q875 460146103 120000.00000000 NS USD 4110000.00000000 1.674297409301 Long EC CORP US N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 713448108 40000.00000000 NS USD 5291600.00000000 2.155647730185 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 59500.00000000 NS USD 8927380.00000000 3.636761363954 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 25500.00000000 NS USD 5605665.00000000 2.283588901925 Long EC CORP US N 1 N N N Cisco Systems Inc 8E6NF1YAL0WT6CWXXV93 17275R102 126000.00000000 NS USD 5339880.00000000 2.175315632598 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 181500.00000000 NS USD 5272575.00000000 2.147897484878 Long EC CORP US N 1 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 25746U109 100500.00000000 NS USD 7751565.00000000 3.157767687964 Long EC CORP US N 1 N N N Principal Financial Group Inc CUMYEZJOAF02RYZ1JJ85 74251V102 104500.00000000 NS USD 3804845.00000000 1.549985918806 Long EC CORP US N 1 N N N 3M Co LUZQVYP4VS22CLWDAR65 88579Y101 33000.00000000 NS USD 5013360.00000000 2.042300647176 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 882508104 46000.00000000 NS USD 5339220.00000000 2.175046767321 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 28500.00000000 NS USD 5345460.00000000 2.177588766307 Long EC CORP US N 1 N N N iShares Russell 1000 Value ETF 549300KLSYN5NN4YNM90 464287598 95000.00000000 NS USD 10475650.00000000 4.267482641301 Long EC RF US N 1 N N N Sonoco Products Co GKOMIK4RDJGHEF0VNP11 835495102 92000.00000000 NS USD 4493280.00000000 1.830434808580 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 91500.00000000 NS USD 5256675.00000000 2.141420275922 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 539830109 14250.00000000 NS USD 5544105.00000000 2.258511104232 Long EC CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 00206R102 253500.00000000 NS USD 7724145.00000000 3.146597557802 Long EC CORP US N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 149123101 39500.00000000 NS USD 4597010.00000000 1.872691468013 Long EC CORP US N 1 N N N People's United Financial Inc ROPY7PEPIPIDJNF0BO69 712704105 339000.00000000 NS USD 4301910.00000000 1.752476099281 Long EC CORP US N 1 N N N BlackRock Inc 549300LRIF3NWCU26A80 09247X101 11250.00000000 NS USD 5647950.00000000 2.300814611402 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 113500.00000000 NS USD 4095080.00000000 1.668219424545 Long EC CORP US N 1 N N N T Rowe Price Group Inc 549300SIV6FPS9Y7IH33 74144T108 45500.00000000 NS USD 5261165.00000000 2.143249374551 Long EC CORP US N 1 N N N Genuine Parts Co 549300D46DQVEU651W04 372460105 53000.00000000 NS USD 4201840.00000000 1.711710420024 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 902973304 93000.00000000 NS USD 3394500.00000000 1.382823006295 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 253500.00000000 NS USD 9724260.00000000 3.961387670407 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 62500.00000000 NS USD 5985000.00000000 2.438119220114 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 88500.00000000 NS USD 8142000.00000000 3.316819831273 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 93000.00000000 NS USD 7873380.00000000 3.207391663369 Long EC CORP US N 1 N N N International Business Machines Corp VGRQXHF3J8VDLUA7XE92 459200101 38000.00000000 NS USD 4771280.00000000 1.943684122397 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162100 35500.00000000 NS USD 8492310.00000000 3.459526187831 Long EC CORP US N 1 N N N General Mills Inc 2TGYMUGI08PO8X8L6150 370334104 103500.00000000 NS USD 6198615.00000000 2.525139911376 Long EC CORP US N 1 N N N WP Carey Inc 54930042CRNE713E3Q67 92936U109 67500.00000000 NS USD 4440150.00000000 1.808791153749 Long EC US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 113000.00000000 NS USD 4455590.00000000 1.815080971754 Long EC CORP US N 1 N N N Kimberly-Clark Corp MP3J6QPYPGN75NVW2S34 494368103 40000.00000000 NS USD 5539200.00000000 2.256512946375 Long EC CORP US N 1 N N N Coca-Cola Co/The UWJKFUJFZ02DKWI3RY53 191216100 95000.00000000 NS USD 4359550.00000000 1.775957000175 Long EC CORP US N 1 N N N 2020-05-14 COMMERCE FUNDS Bill Schuetter Bill Schuetter President