Commerce Bank trimmed its holdings in Chevron Co. ( NYSE:CVX – Get Rating ) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,120,821 shares of the oil and gas company's stock after selling 36,368 shares during the quarter. Chevron comprises 1.6% of Commerce Bank's portfolio, making the stock its 8th largest holding. Commerce Bank owned about 0.06% of Chevron worth $201,176,000 as of its most recent SEC filing.

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