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 2024-10-31 2024-01-31 N 268826489.56 263353.56 268563136.00 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 Discover Financial Services Z1YLO2USPORE63VVUL20 254709108 30000.00000000 NS USD 3165600.00000000 1.178717245839 Long EC CORP US N 1 N N N Nexstar Media Group Inc 52990083ZRR5UT591988 65336K103 21500.00000000 NS USD 3820765.00000000 1.422669193139 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275R102 101000.00000000 NS USD 5068180.00000000 1.887146566533 Long EC CORP US N 1 N N N BlackRock Inc 549300LRIF3NWCU26A80 09247X101 6500.00000000 NS USD 5033015.00000000 1.874052811179 Long EC CORP US N 1 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 911312106 31000.00000000 NS USD 4398900.00000000 1.637938871848 Long EC CORP US N 1 N N N American Electric Power Co Inc 1B4S6S7G0TW5EE83BO58 025537101 37500.00000000 NS USD 2930250.00000000 1.091084220881 Long EC CORP US N 1 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 25746U109 64000.00000000 NS USD 2926080.00000000 1.089531513364 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 609207105 67500.00000000 NS USD 5080725.00000000 1.891817721401 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 31000.00000000 NS USD 4925900.00000000 1.834168335001 Long EC CORP US N 1 N N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 17000.00000000 NS USD 4976240.00000000 1.852912530780 Long EC CORP US N 1 N N N International Business Machines Corp VGRQXHF3J8VDLUA7XE92 459200101 30000.00000000 NS USD 5509800.00000000 2.051584622544 Long EC CORP US N 1 N N N Valero Energy Corp 549300XTO5VR8SKV1V74 91913Y100 24500.00000000 NS USD 3403050.00000000 1.267132209835 Long EC CORP US N 1 N N N Northern Trust Corp 549300GLF98S992BC502 665859104 37500.00000000 NS USD 2986500.00000000 1.112029016521 Long EC CORP US N 1 N N N Air Products and Chemicals Inc 7QEON6Y1RL5XR3R1W237 009158106 18500.00000000 NS USD 4730635.00000000 1.761461036856 Long EC CORP US N 1 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 26875P101 30000.00000000 NS USD 3413700.00000000 1.271097757809 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 19000.00000000 NS USD 5034810.00000000 1.874721182880 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 115000.00000000 NS USD 5352100.00000000 1.992864724367 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 61000.00000000 NS USD 5339940.00000000 1.988336924990 Long EC CORP IE N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 713448108 29000.00000000 NS USD 4887370.00000000 1.819821615428 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 882508104 31000.00000000 NS USD 4963720.00000000 1.848250684710 Long EC CORP US N 1 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 12572Q105 22500.00000000 NS USD 4631400.00000000 1.724510693828 Long EC CORP US N 1 N N N Microchip Technology Inc 5493007PTFULNYZJ1R12 595017104 36000.00000000 NS USD 3066480.00000000 1.141809723282 Long EC CORP US N 1 N N N Prologis Inc 529900DFH19P073LZ636 74340W103 40500.00000000 NS USD 5130945.00000000 1.910517234949 Long EC US N 1 N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 036752103 10000.00000000 NS USD 4934400.00000000 1.837333326343 Long EC CORP US N 1 N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 742718109 33000.00000000 NS USD 5185620.00000000 1.930875576311 Long EC CORP US N 1 N N N A O Smith Corp 549300XG4US7UJNECY36 831865209 39500.00000000 NS USD 3065595.00000000 1.141480191830 Long EC CORP US N 1 N N N Best Buy Co Inc HL5XPTVRV0O8TUN5LL90 086516101 40500.00000000 NS USD 2935845.00000000 1.093167529887 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 59000.00000000 NS USD 8698370.00000000 3.238854792044 Long EC CORP US N 1 N N N Public Storage 549300LMZF40TKJ6DM64 74460D109 18000.00000000 NS USD 5097420.00000000 1.898034136747 Long EC US N 1 N N N Huntsman Corp 5299000V56320A7RIQ67 447011107 122000.00000000 NS USD 2993880.00000000 1.114776973709 Long EC CORP US N 1 N N N Stanley Black & Decker Inc 549300DJ09SMTO561131 854502101 33000.00000000 NS USD 3078900.00000000 1.146434334159 Long EC CORP US N 1 N N N Darden Restaurants Inc CY1NFSCCB5GUXC7WZC70 237194105 19000.00000000 NS USD 3089020.00000000 1.150202535615 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162100 18000.00000000 NS USD 5656680.00000000 2.106275672920 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 158000.00000000 NS USD 5373580.00000000 2.000862843662 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 902973304 123000.00000000 NS USD 5109420.00000000 1.902502359817 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 14500.00000000 NS USD 5117920.00000000 1.905667351158 Long EC CORP US N 1 N N N Apollo Global Management Inc N/A 03769M106 53000.00000000 NS USD 5321200.00000000 1.981359049962 Long EC CORP US N 1 N N N Sysco Corp 5RGWIFLMGH3YS7KWI652 871829107 41500.00000000 NS USD 3358595.00000000 1.250579305121 Long EC CORP US N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 76000.00000000 NS USD 5268320.00000000 1.961669080301 Long EC CORP US N 1 N N N Illinois Tool Works Inc 76NA4I14SZCFAYMNSV04 452308109 19500.00000000 NS USD 5087550.00000000 1.894359023272 Long EC CORP US N 1 N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 51000.00000000 NS USD 4887330.00000000 1.819806721351 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 167000.00000000 NS USD 4522360.00000000 1.683909440199 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 125000.00000000 NS USD 5293750.00000000 1.971137989690 Long EC CORP US N 1 N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389X105 43000.00000000 NS USD 4803100.00000000 1.788443518919 Long EC CORP US N 1 N N N RTX Corp I07WOS4YJ0N7YRFE7309 75513E101 58000.00000000 NS USD 5284960.00000000 1.967865016291 Long EC CORP US N 1 N N N Skyworks Solutions Inc 549300WZ3ORQ2BVKBD96 83088M102 30000.00000000 NS USD 3133800.00000000 1.166876454704 Long EC CORP US N 1 N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 291011104 55000.00000000 NS USD 5045150.00000000 1.878571301759 Long EC CORP US N 1 N N N Laboratory Corp of America Holdings OZ7UA8IXAIFILY2VZH07 50540R409 14000.00000000 NS USD 3112200.00000000 1.158833653178 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 60500.00000000 NS USD 5278020.00000000 1.965280893949 Long EC CORP US N 1 N N N Sonoco Products Co GKOMIK4RDJGHEF0VNP11 835495102 56000.00000000 NS USD 3186400.00000000 1.186462165827 Long EC CORP US N 1 N N N iShares Russell 1000 Value ETF 549300KLSYN5NN4YNM90 464287598 70000.00000000 NS USD 11574500.00000000 4.309787326880 Long EC RF US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 962166104 97000.00000000 NS USD 3178690.00000000 1.183591332505 Long EC US N 1 N N N T Rowe Price Group Inc 549300SIV6FPS9Y7IH33 74144T108 30500.00000000 NS USD 3307725.00000000 1.231637762823 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 45500.00000000 NS USD 5495490.00000000 2.046256266533 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 46000.00000000 NS USD 8020560.00000000 2.986470935460 Long EC CORP US N 1 N N N State Street Institutional US Government Money Market Fund 549300BZ5TGIFZUZDZ37 857492706 3679329.82000000 NS USD 3679329.82000000 1.370005531958 Long EC RF US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680103 44500.00000000 NS USD 3037125.00000000 1.130879332597 Long EC CORP US N 1 N N N Eaton Corp PLC 549300VDIGTMXUNT7H71 000000000 21000.00000000 NS USD 5167680.00000000 1.924195582821 Long EC CORP IE N 1 N N N 2024-02-22 COMMERCE FUNDS Bill Schuetter Bill Schuetter President XXXX