CBSH Insider Trading

Insider Ownership Percentage: 1.80%
Insider Buying (Last 12 Months): $119,275.00
Insider Selling (Last 12 Months): $1,597,660.53

Commerce Bancshares Insider Trading History Chart

This chart shows the insider buying and selling history at Commerce Bancshares by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Commerce Bancshares Share Price & Price History

Current Price: $54.76
Price Change: Price Increase of +0.027 (0.05%)
As of 06/18/2026 03:59 PM ET

This chart shows the closing price history over time for CBSH up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

Commerce Bancshares Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/16/2026June McAllister FowlerDirectorSell200$55.03$11,006.006,233View SEC Filing Icon  
3/13/2026Timothy S DunnDirectorBuy2,500$47.71$119,275.005,403View SEC Filing Icon  
3/5/2026Kim L JakovichSVPSell949$51.45$48,826.0512,741View SEC Filing Icon  
3/5/2026Margaret M RoweSVPSell861$51.69$44,505.095,742View SEC Filing Icon  
2/5/2026John W. KemperCEOSell23,397$53.99$1,263,204.03206,528View SEC Filing Icon  
2/4/2026David L. RollerSVPSell1,134$54.48$61,780.3230,535View SEC Filing Icon  
2/4/2026Derrick R. BrooksSVPSell1,044$54.40$56,793.6014,585View SEC Filing Icon  
2/3/2026David L. RollerSVPSell2,092$53.32$111,545.4428,933View SEC Filing Icon  
5/1/2025June McAllister FowlerDirectorSell1,698$57.83$98,192.913,333View SEC Filing Icon  
2/7/2025Charles G. KimCFOSell14,167$64.53$914,243.7390,558View SEC Filing Icon  
2/5/2025David L. OrfVPSell1,087$64.99$70,644.6523,283View SEC Filing Icon  
2/4/2025John K. HandyEVPSell5,086$64.05$325,746.1942,687View SEC Filing Icon  
2/4/2025John W. KemperCEOSell27,344$64.08$1,752,099.35222,525View SEC Filing Icon  
2/4/2025Patricia R. KellerhalsSVPSell1,804$64.10$115,627.8119,622View SEC Filing Icon  
2/3/2025David W. KemperChairmanSell3,893$63.01$245,296.081,268,726View SEC Filing Icon  
1/27/2025John K. HandyEVPSell2,858$63.50$181,496.6141,619View SEC Filing Icon  
1/24/2025Kevin G. BarthEVPSell26,113$62.91$1,642,880.7447,786View SEC Filing Icon  
12/17/2024Kevin G. BarthEVPSell1,661$64.32$106,841.8568,679View SEC Filing Icon  
12/16/2024Patricia R. KellerhalsSVPSell1,050$64.47$67,690.0022,328View SEC Filing Icon  
12/9/2024Patricia R. KellerhalsSVPSell525$65.29$34,275.0023,378View SEC Filing Icon  
12/5/2024David W. KemperChairmanSell4,725$65.92$311,490.0024,911View SEC Filing Icon  
12/3/2024Derrick R. BrooksSVPSell39$65.57$2,557.2911,313View SEC Filing Icon  
11/18/2024David L. RollerSVPSell934$68.83$64,285.8932,496View SEC Filing Icon  
11/12/2024Douglas D. NeffSVPSell932$68.67$63,997.338,439View SEC Filing Icon  
10/22/2024David W. KemperChairmanSell31,500$58.84$1,853,400.001,209,593View SEC Filing Icon  
9/16/2024Patricia R. KellerhalsSVPSell2,100$59.27$124,460.0024,550View SEC Filing Icon  
9/4/2024John K. HandyEVPSell1,397$60.76$84,884.3843,625View SEC Filing Icon  
8/12/2024Patricia R. KellerhalsSVPSell1,575$57.92$91,230.0026,650View SEC Filing Icon  
7/31/2024June McAllister FowlerDirectorSell1,611$62.06$99,974.062,858View SEC Filing Icon  
7/30/2024Charles G. KimCFOSell5,546$61.90$343,323.8193,945View SEC Filing Icon  
7/30/2024David L. OrfVPSell2,207$61.74$136,266.4920,097View SEC Filing Icon  
7/29/2024John K. HandyEVPSell6,745$61.91$417,611.8644,864View SEC Filing Icon  
7/25/2024John W. KemperCEOSell5,413$62.11$336,224.63208,212View SEC Filing Icon  
7/25/2024Robert S. HolmesEVPSell3,984$61.67$245,680.0052,807View SEC Filing Icon  
7/23/2024David L. RollerSVPSell904$61.24$55,359.2432,496View SEC Filing Icon  
7/22/2024Jonathan M. KemperDirectorSell20,607$60.63$1,249,372.971,046,967View SEC Filing Icon  
5/10/2024John W. KemperCEOSell27,910$54.07$1,509,000.67208,306View SEC Filing Icon  
3/11/2024Robert S. HolmesEVPSell5,250$50.15$263,300.0052,807View SEC Filing Icon  
2/13/2024Douglas D. NeffSVPSell644$47.86$30,820.008,439View SEC Filing Icon  
2/6/2024David L. RollerSVPSell1,461$48.21$70,434.1132,496View SEC Filing Icon  
2/6/2024David W. KemperDirectorSell3,013$48.39$145,800.501,241,093View SEC Filing Icon  
1/29/2024Benjamin F. Rassieur, IIIDirectorSell1,874$51.27$96,073.7335,245View SEC Filing Icon  
1/24/2024John K. HandyEVPSell1,583$52.18$82,602.4548,850View SEC Filing Icon  
1/24/2024Patricia R. KellerhalsSVPSell766$52.26$40,028.9726,777View SEC Filing Icon  
1/22/2024Derrick R. BrooksSVPSell443$52.31$23,175.238,956View SEC Filing Icon  
12/5/2023David W. KemperDirectorSell21,000$48.57$1,020,000.001,240,230View SEC Filing Icon  
9/18/2023Blackford F. BrauerDirectorBuy5,250$45.81$240,500.0035,097View SEC Filing Icon  
9/12/2023Paula S. PetersenSVPSell2,171$44.39$96,371.7231,483View SEC Filing Icon  
9/8/2023Patricia R. KellerhalsSVPSell3,631$44.77$162,565.0626,616View SEC Filing Icon  
8/23/2023Blackford F. BrauerDirectorBuy5,250$46.80$245,700.0029,847View SEC Filing Icon  
8/1/2023Derrick R. BrooksSVPSell1,501$50.12$75,235.848,952View SEC Filing Icon  
7/28/2023Blackford F. BrauerDirectorBuy5,250$50.48$265,000.0024,330View SEC Filing Icon  
See Full Table

SEC Filings (Institutional Ownership Changes) for Commerce Bancshares (NASDAQ:CBSH)

70.26% of Commerce Bancshares stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at CBSH by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Commerce Bancshares Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
6/18/2026Pacer Advisors Inc.16,273$0.80M0.0%+5.2%0.011%Search for SEC Filing on Google Icon
6/10/2026FAS Wealth Partners Inc.19,214$0.95M0.1%+19.3%0.013%Search for SEC Filing on Google Icon
6/3/2026NewEdge Advisors LLC10,044$0.49M0.0%-9.9%0.007%Search for SEC Filing on Google Icon
5/19/2026Bank of America Corp DE1,032,011$50.78M0.0%+62.9%0.708%Search for SEC Filing on Google Icon
5/19/2026Edgestream Partners L.P.94,994$4.67M0.2%+49.1%0.065%Search for SEC Filing on Google Icon
5/19/2026Janus Henderson Group PLC61,742$3.04M0.0%+8.4%0.042%Search for SEC Filing on Google Icon
5/18/2026Amundi11,340$0.56M0.0%-87.0%0.008%Search for SEC Filing on Google Icon
5/18/2026EverSource Wealth Advisors LLC12,360$0.61M0.0%+2.9%0.008%Search for SEC Filing on Google Icon
5/18/2026California State Teachers Retirement System167,919$8.26M0.0%+33.9%0.115%Search for SEC Filing on Google Icon
5/18/2026Royal Bank of Canada70,002$3.44M0.0%-29.8%0.048%Search for SEC Filing on Google Icon
5/16/2026The Manufacturers Life Insurance Company 100,097$4.93M0.0%+3.4%0.069%Search for SEC Filing on Google Icon
5/16/2026Quantinno Capital Management LP207,404$10.20M0.0%+7.6%0.142%Search for SEC Filing on Google Icon
5/16/2026SummitTX Capital L.P.11,156$0.55M0.0%N/A0.008%Search for SEC Filing on Google Icon
5/15/2026Jacobs Asset Management LLC62,500$3.08M1.8%N/A0.043%Search for SEC Filing on Google Icon
5/15/2026Aristotle Capital Management LLC7,366$0.36M0.0%-82.2%0.005%Search for SEC Filing on Google Icon
5/15/2026Entropy Technologies LP123,514$6.08M0.3%+96.7%0.085%Search for SEC Filing on Google Icon
5/14/2026Healthcare of Ontario Pension Plan Trust Fund29,200$1.44M0.0%N/A0.020%Search for SEC Filing on Google Icon
5/14/2026Renaissance Technologies LLC1,034,726$50.91M0.1%-0.3%0.710%Search for SEC Filing on Google Icon
5/14/2026Public Employees Retirement System of Ohio40,705$2M0.0%+1.2%0.028%Search for SEC Filing on Google Icon
5/14/2026Arrowstreet Capital Limited Partnership612,159$30.12M0.0%-28.3%0.420%Search for SEC Filing on Google Icon
5/14/2026Sei Investments Co.281,210$13.84M0.0%+73.7%0.193%Search for SEC Filing on Google Icon
5/14/2026Lido Advisors LLC11,608$0.57M0.0%+8.1%0.008%Search for SEC Filing on Google Icon
5/13/2026Cetera Investment Advisers72,040$3.54M0.0%+17.0%0.049%Search for SEC Filing on Google Icon
5/13/2026First Trust Advisors LP2,610,223$128.42M0.1%+11.0%1.791%Search for SEC Filing on Google Icon
5/8/2026PNC Financial Services Group Inc.225,113$11.08M0.0%-3.2%0.153%Search for SEC Filing on Google Icon
5/7/2026Dimensional Fund Advisors LP3,943,247$194M0.0%+29.3%2.685%Search for SEC Filing on Google Icon
5/7/2026Swiss National Bank263,436$12.96M0.0%+0.4%0.179%Search for SEC Filing on Google Icon
5/6/2026California Public Employees Retirement System244,402$12.03M0.0%+6.1%0.166%Search for SEC Filing on Google Icon
5/6/2026MTM Investment Management LLC88,242$4.34M1.4%+0.3%0.060%Search for SEC Filing on Google Icon
5/6/2026Heartland Bank & Trust Co6,806$0.34M0.1%+48.1%0.005%Search for SEC Filing on Google Icon
5/6/2026Bessemer Group Inc.11,703$0.58M0.0%-34.6%0.008%Search for SEC Filing on Google Icon
5/5/2026Bank of New York Mellon Corp999,394$49.17M0.0%+2.7%0.680%Search for SEC Filing on Google Icon
5/5/2026Sanctuary Advisors LLC18,383$0.90M0.0%-21.9%0.013%Search for SEC Filing on Google Icon
5/4/2026Nicholson Wealth Management Group LLC32,944$1.62M0.9%-3.8%0.022%Search for SEC Filing on Google Icon
5/4/2026Mattern Capital Management LLC162,241$7.98M1.0%+0.6%0.110%Search for SEC Filing on Google Icon
5/4/2026State of Michigan Retirement System32,952$1.62M0.0%+7.9%0.022%Search for SEC Filing on Google Icon
5/4/2026Principal Financial Group Inc.305,900$15.05M0.0%+10.0%0.208%Search for SEC Filing on Google Icon
5/4/2026Chicago Partners Investment Group LLC8,967$0.45M0.0%+38.6%0.006%Search for SEC Filing on Google Icon
5/4/2026Arbejdsmarkedets Tillaegspension523,051$25.73M0.6%+17.1%0.356%Search for SEC Filing on Google Icon
5/1/2026Commonwealth of Pennsylvania Public School Empls Retrmt SYS34,336$1.69M0.0%+6.1%0.023%Search for SEC Filing on Google Icon
5/1/2026Citizens Financial Group Inc. RI6,626$0.33M0.0%+40.1%0.005%Search for SEC Filing on Google Icon
5/1/2026Midwest Trust Co144,172$7.09M0.1%-1.1%0.098%Search for SEC Filing on Google Icon
5/1/2026Fifth Third Bancorp47,869$2.36M0.0%+3,862.7%0.033%Search for SEC Filing on Google Icon
5/1/2026Sequoia Financial Advisors LLC4,113$0.20M0.0%-58.6%0.003%Search for SEC Filing on Google Icon
4/30/2026Hsbc Holdings PLC95,746$4.72M0.0%-61.0%0.065%Search for SEC Filing on Google Icon
4/30/2026Waterfront Wealth Inc.138,254$6.80M1.2%-1.5%0.094%Search for SEC Filing on Google Icon
4/30/2026Mosaic Family Wealth Partners LLC68,900$3.39M0.3%N/A0.047%Search for SEC Filing on Google Icon
4/30/2026Isthmus Partners LLC7,699$0.38M0.0%+5.2%0.005%Search for SEC Filing on Google Icon
4/30/2026Oregon Public Employees Retirement Fund28,149$1.39M0.0%+8.9%0.019%Search for SEC Filing on Google Icon
4/30/2026Frank Rimerman Advisors LLC4,192$0.21M0.0%-5.3%0.003%Search for SEC Filing on Google Icon
4/28/2026Stephens Inc. AR7,115$0.37M0.0%-5.1%0.005%Search for SEC Filing on Google Icon
4/27/2026HB Wealth Management LLC7,285$0.36M0.0%+25.7%0.005%Search for SEC Filing on Google Icon
4/27/2026New York State Teachers Retirement System83,266$4.10M0.0%-39.7%0.057%Search for SEC Filing on Google Icon
4/27/2026Private Advisor Group LLC11,743$0.58M0.0%+8.6%0.008%Search for SEC Filing on Google Icon
4/27/2026Y Intercept Hong Kong Ltd75,070$3.69M0.1%+61.3%0.051%Search for SEC Filing on Google Icon
4/25/2026Boston Trust Walden Corp1,934,136$95.16M0.8%-7.2%1.317%Search for SEC Filing on Google Icon
4/24/2026Root Financial Partners LLC623$31K0.0%+104.9%0.000%Search for SEC Filing on Google Icon
4/24/2026Fulton Bank N.A.9,652$0.48M0.0%-5.6%0.007%Search for SEC Filing on Google Icon
4/24/2026MQS Management LLC10,014$0.49M0.3%N/A0.007%Search for SEC Filing on Google Icon
4/23/2026Simmons Bank21,610$1.06M0.1%+45.6%0.015%Search for SEC Filing on Google Icon
4/22/2026Janney Montgomery Scott LLC200,544$9.87M0.0%-7.2%0.137%Search for SEC Filing on Google Icon
4/22/2026Pictet Asset Management Holding SA20,699$1.02M0.0%+4.9%0.014%Search for SEC Filing on Google Icon
4/22/2026Sterling Capital Management LLC4,545$0.22M0.0%-40.6%0.003%Search for SEC Filing on Google Icon
4/21/2026Meyer Handelman Co.31,355$1.54M0.0%-0.9%0.021%Search for SEC Filing on Google Icon
4/21/2026Louisiana State Employees Retirement System39,700$1.95M0.0%N/A0.027%Search for SEC Filing on Google Icon
4/20/2026Kestra Private Wealth Services LLC15,222$0.75M0.0%-16.0%0.010%Search for SEC Filing on Google Icon
4/20/2026Fifth Third Wealth Advisors LLC4,625$0.23M0.0%+9.8%0.003%Search for SEC Filing on Google Icon
4/18/2026CENTRAL TRUST Co43,714$2.15M0.0%-2.6%0.030%Search for SEC Filing on Google Icon
4/17/2026Krilogy Financial LLC4,744$0.24M0.0%-11.6%0.003%Search for SEC Filing on Google Icon
4/17/2026Mountain Pacific Investment Advisers LLC30,380$1.50M0.3%-3.1%0.021%Search for SEC Filing on Google Icon
4/16/2026SG Americas Securities LLC22,504$1.11M0.0%-70.4%0.015%Search for SEC Filing on Google Icon
4/16/2026Evolve Private Wealth LLC4,805$0.24M0.0%-12.7%0.003%Search for SEC Filing on Google Icon
4/16/2026Diversified Trust Co33,406$1.64M0.0%+99.1%0.023%Search for SEC Filing on Google Icon
3/17/2026Rockefeller Capital Management L.P.12,414$0.65M0.0%+64.0%0.008%Search for SEC Filing on Google Icon
3/6/2026Hsbc Holdings PLC245,229$12.87M0.0%+231.1%0.167%Search for SEC Filing on Google Icon
2/24/2026Pacer Advisors Inc.15,468$0.81M0.0%-29.6%0.012%Search for SEC Filing on Google Icon
2/20/2026Kovitz Investment Group Partners LLC17,850$0.93M0.0%-1.1%0.013%Search for SEC Filing on Google Icon
2/20/2026Waterford Advisors LLC44,863$2.58M1.0%N/A0.034%Search for SEC Filing on Google Icon
2/19/2026Invesco Ltd.404,232$21.16M0.0%+12.1%0.305%Search for SEC Filing on Google Icon
2/19/2026Axxcess Wealth Management LLC13,921$0.73M0.0%+5.5%0.011%Search for SEC Filing on Google Icon
2/19/2026Corient Private Wealth LLC13,356$0.68M0.0%+3.5%0.010%Search for SEC Filing on Google Icon
2/18/2026Mercer Global Advisors Inc. ADV34,143$1.79M0.0%+31.5%0.026%Search for SEC Filing on Google Icon
2/18/2026Vident Advisory LLC4,116$0.22M0.0%-23.1%0.003%Search for SEC Filing on Google Icon
2/18/2026FAS Wealth Partners Inc.16,112$0.84M0.1%+5.3%0.012%Search for SEC Filing on Google Icon
2/18/2026Mendon Capital Advisors Corp14,123$0.74M0.2%N/A0.011%Search for SEC Filing on Google Icon
2/18/2026State of Tennessee Department of Treasury50,461$2.66M0.0%+0.7%0.038%Search for SEC Filing on Google Icon
2/18/2026XTX Topco Ltd74,416$3.90M0.1%+1,328.3%0.056%Search for SEC Filing on Google Icon
2/18/2026Utah Retirement Systems6,925$0.36M0.0%+5.0%0.005%Search for SEC Filing on Google Icon
2/18/2026Voloridge Investment Management LLC679,329$35.56M0.1%+51.9%0.513%Search for SEC Filing on Google Icon
2/18/2026VestGen Advisors LLC9,577$0.50M0.0%-50.0%0.007%Search for SEC Filing on Google Icon
2/18/2026Tudor Investment Corp ET AL720,493$37.71M0.1%+43.6%0.544%Search for SEC Filing on Google Icon
2/18/2026Twinbeech Capital LP86,470$4.53M0.3%N/A0.065%Search for SEC Filing on Google Icon
2/18/2026Numerai GP LLC164,457$8.61M1.0%+47.0%0.124%Search for SEC Filing on Google Icon
2/18/2026Occudo Quantitative Strategies LP56,833$2.98M0.2%+133.2%0.043%Search for SEC Filing on Google Icon
2/18/2026Oxford Asset Management LLP13,763$0.72M0.3%N/A0.010%Search for SEC Filing on Google Icon
2/18/2026Millennium Management LLC910,950$47.68M0.0%-30.6%0.688%Search for SEC Filing on Google Icon
2/18/2026Man Group plc82,763$4.33M0.0%-12.2%0.063%Search for SEC Filing on Google Icon
2/18/2026Janus Henderson Group PLC56,942$2.98M0.0%+5.0%0.043%Search for SEC Filing on Google Icon
2/18/2026Evolve Private Wealth LLC5,502$0.29M0.0%N/A0.004%Search for SEC Filing on Google Icon
2/18/2026Engineers Gate Manager LP114,942$6.02M0.1%+62.7%0.087%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Commerce Bancshares logo
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Read More on Commerce Bancshares

Today's Range

Now: $54.76
Low: $54.55
High: $55.50

50 Day Range

MA: $52.17
Low: $50.32
High: $55.82

52 Week Range

Now: $54.76
Low: $46.99
High: $63.19

Volume

2,431,859 shs

Average Volume

1,255,447 shs

Market Capitalization

$7.98 billion

P/E Ratio

13.13

Dividend Yield

2.01%

Beta

0.6

Who are the company insiders with the largest holdings of Commerce Bancshares?

Commerce Bancshares' top insider shareholders include:
  1. Jonathan M Kemper (Vice Chairman)
  2. David W Kemper (CEO)
  3. David W Kemper (Director)
  4. David W Kemper (CEO)
  5. David W Kemper (Chairman)
  6. John W Kemper (Insider)
  7. David Kemper (CEO)
  8. Jonathan M Kemper (Director)
  9. John W Kemper (CEO)
  10. Charles G Kim (Insider)
Learn More about top insider investors at Commerce Bancshares.

Who are the major institutional investors of Commerce Bancshares?

Commerce Bancshares' top institutional shareholders include:
  1. Dimensional Fund Advisors LP — 2.68%
  2. First Trust Advisors LP — 1.79%
  3. Boston Trust Walden Corp — 1.32%
  4. Renaissance Technologies LLC — 0.71%
  5. Bank of America Corp DE — 0.71%
  6. Bank of New York Mellon Corp — 0.68%
Learn More about top institutional investors of Commerce Bancshares stock.

Which institutional investors are selling Commerce Bancshares stock?

During the last quarter, CBSH stock was sold by these institutional investors:
  1. Arrowstreet Capital Limited Partnership
  2. Boston Trust Walden Corp
  3. Hsbc Holdings PLC
  4. Amundi
  5. New York State Teachers Retirement System
  6. SG Americas Securities LLC
  7. Aristotle Capital Management LLC
  8. Royal Bank of Canada
Within the previous year, company insiders that have sold Commerce Bancshares company stock include:
  1. John W Kemper (CEO)
  2. David L Roller (SVP)
  3. Derrick Brooks (SVP)
  4. Kim L Jakovich (SVP)
  5. June Mcallister Fowler (Director)
  6. Margaret M Rowe (SVP)
Learn More investors selling Commerce Bancshares stock.

Which institutional investors are buying Commerce Bancshares stock?

During the last quarter, CBSH stock was purchased by institutional investors including:
  1. Dimensional Fund Advisors LP
  2. Bank of America Corp DE
  3. First Trust Advisors LP
  4. Sei Investments Co.
  5. Arbejdsmarkedets Tillaegspension
  6. Mosaic Family Wealth Partners LLC
  7. Jacobs Asset Management LLC
  8. Entropy Technologies LP