| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Lynrock Lake LP | 11% | +11% | $38,178,664 | +$3,760,934 | 9,266,666 | +11% | Lynrock Lake LP | 31 Dec 2025 |
| VANGUARD GROUP INC | 9.9% | $41,101,195 | 7,769,602 | The Vanguard Group | 31 Dec 2024 | |||
| BARCLAYS PLC | 5.9% | $19,696,739 | 4,780,762 | Barclays PLC | 31 Dec 2025 | |||
| BlackRock, Inc. | 5.8% | $23,463,324 | 4,702,069 | BlackRock, Inc. | 30 Sep 2025 | |||
| Divisar Capital Management LLC | 4.6% | -15% | $15,560,812 | -$2,527,327 | 3,776,896 | -14% | Divisar Capital Management LLC | 31 Dec 2025 |
As of 31 Dec 2025, 165 institutional investors reported holding 55,589,859 shares of Commerce.com, Inc. - Series 1 common stock, $0.0001 par value per share (CMRC). This represents 68% of the company’s total 81,286,544 outstanding shares.
The largest institutional shareholders of Commerce.com, Inc. - Series 1 common stock, $0.0001 par value per share (CMRC) together control 58% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Lynrock Lake LP | 11% | 9,266,666 | +11% | 2.5% | $38,178,664 |
| VANGUARD GROUP INC | 9.6% | 7,803,109 | -0.38% | 0% | $32,148,809 |
| BlackRock, Inc. | 6% | 4,859,586 | +2% | 0% | $20,021,493 |
| Divisar Capital Management LLC | 4.6% | 3,776,896 | -18% | 4.4% | $15,560,812 |
| ACADIAN ASSET MANAGEMENT LLC | 3% | 2,405,546 | +35% | 0.02% | $9,904,000 |
| GEODE CAPITAL MANAGEMENT, LLC | 2% | 1,602,831 | +4.2% | 0% | $6,605,182 |
| MARSHALL WACE, LLP | 1.8% | 1,501,976 | -20% | 0.01% | $6,188,142 |
| STATE STREET CORP | 1.8% | 1,423,949 | -1.1% | 0% | $5,866,670 |
| Potrero Capital Research LLC | 1.7% | 1,415,339 | 0% | 2% | $5,831,197 |
| Connor, Clark & Lunn Investment Management Ltd. | 1.6% | 1,272,912 | +5.3% | 0.01% | $5,244,397 |
| S Squared Technology, LLC | 1.5% | 1,207,786 | +7.7% | 1.9% | $4,976,078 |
| RENAISSANCE TECHNOLOGIES LLC | 1.5% | 1,188,700 | -3.3% | 0.01% | $4,897,444 |
| D. E. Shaw & Co., Inc. | 1.2% | 985,008 | +5.3% | 0% | $4,058,233 |
| Clearbridge Investments, LLC | 1.2% | 975,952 | -7.1% | 0% | $4,020,922 |
| CenterBook Partners LP | 1.1% | 878,009 | -24% | 0.18% | $3,617,397 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1% | 839,445 | +16% | 0% | $3,458,513 |
| AQR CAPITAL MANAGEMENT LLC | 1% | 831,470 | +8.3% | 0% | $3,425,656 |
| Pale Fire Capital SE | 0.92% | 748,925 | +151% | 0.4% | $3,085,571 |
| HERALD INVESTMENT MANAGEMENT Ltd | 0.86% | 700,000 | 0% | 0.38% | $2,877,000 |
| P.A.W. CAPITAL CORP | 0.74% | 600,000 | 0% | 5.6% | $2,472,000 |
| COMMERCE BANK | 0.7% | 566,591 | -6.9% | 0.01% | $2,334,354 |
| MILLENNIUM MANAGEMENT LLC | 0.69% | 563,720 | -13% | 0% | $2,322,526 |
| NORTHERN TRUST CORP | 0.64% | 523,051 | -3.7% | 0% | $2,154,971 |
| Point72 Asset Management, L.P. | 0.59% | 477,910 | 0% | $1,968,989 | |
| MORGAN STANLEY | 0.57% | 462,007 | +100% | 0% | $1,903,468 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 55,589,859 | $229,044,905 | +$409,454 | $4.12 | 165 |
| 2025 Q3 | 54,966,219 | $274,300,225 | -$6,271,086 | $4.99 | 154 |
| 2025 Q2 | 56,275,323 | $281,373,483 | -$390,265 | $5.00 | 162 |
| 2025 Q1 | 55,577,748 | $320,129,215 | -$7,205,112 | $5.76 | 175 |
| 2024 Q4 | 56,579,302 | $346,254,586 | -$16,052,531 | $6.12 | 175 |
| 2024 Q3 | 58,324,872 | $340,757,846 | -$27,444,580 | $5.85 | 153 |
| 2024 Q2 | 62,467,329 | $503,456,011 | +$10,409,985 | $8.06 | 148 |
| 2024 Q1 | 61,741,120 | $425,364,867 | +$6,799,196 | $6.89 | 164 |
| 2023 Q4 | 60,673,885 | $589,903,675 | +$41,476,805 | $9.73 | 159 |
| 2023 Q3 | 55,876,343 | $551,511,494 | +$1,521,855 | $9.87 | 159 |
| 2023 Q2 | 55,907,549 | $556,229,032 | +$14,991,589 | $9.95 | 150 |
| 2023 Q1 | 54,782,429 | $489,828,838 | +$34,779,451 | $8.94 | 153 |
| 2022 Q4 | 50,935,899 | $445,095,665 | -$41,302,731 | $8.74 | 159 |
| 2022 Q3 | 53,416,471 | $790,583,250 | -$4,532,032 | $14.80 | 151 |
| 2022 Q2 | 53,361,927 | $864,860,058 | +$2,056,760 | $16.20 | 155 |
| 2022 Q1 | 52,246,556 | $1,144,394,120 | -$156,058,348 | $21.91 | 177 |
| 2021 Q4 | 56,003,982 | $1,981,536,755 | -$153,599,987 | $35.37 | 219 |
| 2021 Q3 | 54,416,764 | $2,755,867,287 | +$355,956,632 | $50.64 | 185 |
| 2021 Q2 | 47,279,883 | $3,069,487,261 | +$345,496,940 | $64.92 | 183 |
| 2021 Q1 | 42,539,653 | $2,458,748,690 | +$546,068,324 | $57.80 | 191 |
| 2020 Q4 | 26,235,729 | $1,683,070,528 | +$484,261,730 | $64.15 | 167 |
| 2020 Q3 | 12,895,567 | $1,074,257,171 | +$1,048,582,171 | $83.30 | 129 |
| 2020 Q2 | 5,094 | $331,000 | $37.49 | 1 | |
| 2020 Q1 | 5,094 | $331,000 | $37.49 | 1 | |
| 2019 Q4 | 5,094 | $331,000 | $37.49 | 1 | |
| 2019 Q3 | 5,094 | $331,000 | $37.49 | 1 | |
| 2019 Q2 | 5,094 | $331,000 | $37.49 | 1 | |
| 2019 Q1 | 5,094 | $331,000 | $37.49 | 1 |