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Joint Stock Co Kaspi.kz

KSPI
Exchange
Nasdaq
Industry
Services-Business Services, NEC
SEC CIK
0001985487

No open-market purchases or sales by Joint Stock Co Kaspi.kz insiders were filed in the last 90 days; 205 institutions reported holding it in 13F filings for Q2 2026, worth $7.25B in total; 4 superinvestors hold it, including Southeastern Asset Management (Longleaf) and Fairfax Financial.

13F holders, Q4 2024

Institutional positions in Joint Stock Co Kaspi.kz as of Dec 31, 2024. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
175
+6 vs. Q3 2024
Shares held
89.4M
+46.4M (+107.9%) vs. Q3 2024
Total value
$8.47B
+$3.96B (+87.6%) vs. Q3 2024
New holders
32
55 more added
Sold out
26
61 more reduced

1 institution that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting KSPI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2024: 175 institutions
Q1 2021: 2 institutionsQ2 2021: 2 institutionsQ3 2021: 2 institutionsQ4 2021: 2 institutionsQ1 2022: 2 institutionsQ2 2022: 2 institutionsQ3 2022: 2 institutionsQ4 2022: 2 institutionsQ1 2023: 2 institutionsQ2 2023: 2 institutionsQ3 2023: 1 institutionQ4 2023: 1 institutionQ1 2024: 126 institutionsQ2 2024: 154 institutionsQ3 2024: 170 institutionsQ4 2024: 175 institutionsQ1 2025: 192 institutionsQ2 2025: 162 institutionsQ3 2025: 185 institutionsQ4 2025: 175 institutionsQ1 2026: 167 institutionsQ2 2026: 205 institutions
Value heldQ4 2024: $8.47B
Q1 2021: $16.0MQ2 2021: $37.1MQ3 2021: $34.3MQ4 2021: $40.5MQ1 2022: $17.0MQ2 2022: $16.5MQ3 2022: $22.4MQ4 2022: $19.0MQ1 2023: $31.3MQ2 2023: $33.9MQ3 2023: $16.9MQ4 2023: $15.8MQ1 2024: $5.02BQ2 2024: $5.55BQ3 2024: $4.52BQ4 2024: $8.47BQ1 2025: $8.25BQ2 2025: $6.38BQ3 2025: $6.05BQ4 2025: $6.67BQ1 2026: $6.27BQ2 2026: $7.25B
Institutions holding KSPI and their total value by quarter
QuarterHoldersValue
Q2 2026205$7.25B
Q1 2026167$6.27B
Q4 2025175$6.67B
Q3 2025185$6.05B
Q2 2025162$6.38B
Q1 2025192$8.25B
Q4 2024175$8.47B
Q3 2024170$4.52B
Q2 2024154$5.55B
Q1 2024126$5.02B
Q4 20231$15.8M
Q3 20231$16.9M
Q2 20232$33.9M
Q1 20232$31.3M
Q4 20222$19.0M
Q3 20222$22.4M
Q2 20222$16.5M
Q1 20222$17.0M
Q4 20212$40.5M
Q3 20212$34.3M
Q2 20212$37.1M
Q1 20212$16.0M

Institutions, Q4 2024

Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q3 2024.

Institutions holding KSPI in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Skopos Labs, Inc.1$20.00%+1New
Farther Finance Advisors, LLC0$20.00%0New
Federation des caisses Desjardins du Quebec6$5680.00%00.0%Unchanged
US Bancorp8$7580.00%00.0%Unchanged
IFP Advisors, Inc10$9470.00%+7+233.3%Added
Whittier Trust Co of Nevada Inc31$2.94K0.00%00.0%Unchanged
Lazard Asset Management LLC38$3.00K0.00%00.0%Unchanged
CoreCap Advisors, LLC40$3.79K0.00%−40−50.0%Reduced
FLP Wealth Management, LLC96$9.09K0.02%+96New
Harbour Investments, Inc.134$12.7K0.00%00.0%Unchanged
R Squared Ltd160$15.2K0.01%+160New
Caitong International Asset Management Co., Ltd160$15.2K0.01%+160New
EverSource Wealth Advisors, LLC164$15.5K0.00%−25−13.2%Reduced
Advisor Group Holdings, Inc.181$17.1K0.00%−181−50.0%Reduced
Umb Bank N A286$27.1K0.00%−43−13.1%Reduced
Wells Fargo & Company381$36.1K0.00%−57−13.0%Reduced
GAMMA Investing LLC543$51.4K0.00%+543New
Ridgewood Investments LLC600$56.8K0.03%00.0%Unchanged
Carolinas Wealth Consulting LLC700$66.3K0.01%+700New
Simplex Trading, LLC743$70.0K0.00%+384+107.0%Added
Asset Management One Co.,Ltd.807$78.0K0.00%+211+35.4%Added
State of Wyoming892$85.1K0.01%+10+1.1%Added
Tower Research Capital LLC (TRC)915$86.7K0.00%−2,061−69.3%Reduced
Nomura Asset Management Co Ltd1,050$99.4K0.00%00.0%Unchanged
Citigroup Inc1,275$120.8K0.00%−1,196−48.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,562$154.4K0.00%+630+67.6%Added
Toronto Dominion Bank1,971$187.0K0.00%00.0%Unchanged
Natixis2,013$195.2K0.00%00.0%Unchanged
Premier Fund Managers Ltd2,057$197.0K0.01%−121−5.6%Reduced
Sandia Investment Management LP2,175$206.0K0.39%00.0%Unchanged
Proficio Capital Partners LLC2,266$214.6K0.02%00.0%Unchanged
CI Private Wealth, LLC2,545$241.4K0.00%+2,545New
BNP Paribas Arbitrage, SA2,958$280.2K0.00%−43,371−93.6%Reduced
Polen Capital Management LLC3,105$294.1K0.00%−5,266−62.9%Reduced
E. Ohman J:or Asset Management AB3,256$308.4K0.01%+598+22.5%Added
Ariel Investments, LLC3,473$328.9K0.00%+1,263+57.1%Added
Daiwa Securities Group Inc.3,697$350.0K0.00%+147+4.1%Added
Neuberger Berman Group LLC3,879$367.4K0.00%+86+2.3%Added
Cantor Fitzgerald, L. P.4,000$378.8K0.01%−2,540−38.8%Reduced
Engineers Gate Manager LP4,123$390.5K0.01%+4,123New
Commerce Bank4,259$403.4K0.00%00.0%Unchanged
EntryPoint Capital, LLC4,361$413.0K0.17%+4,361New
Aigen Investment Management, LP5,212$493.6K0.09%+5,212New
Wolverine Trading, LLC5,250$504.0K0.01%+5,250New
D. E. Shaw & Co., Inc.5,673$537.3K0.00%+5,673New
Main Management ETF Advisors, LLC5,696$539.0K0.02%−512−8.2%Reduced
Royal Bank of Canada5,722$542.0K0.00%+49+0.9%Added
Pitcairn Co6,069$574.8K0.03%−532−8.1%Reduced
Northwest & Ethical Investments L.P.6,350$601.4K0.02%00.0%Unchanged
Dodge & Cox6,426$608.6K0.00%+900+16.3%Added
Federated Hermes, Inc.6,537$619.1K0.00%+169+2.7%Added
Swedbank AB6,726$637.0K0.00%00.0%Unchanged
Hyperion Capital Advisors LP7,200$681.9K0.35%00.0%Unchanged
Boothbay Fund Management, LLC7,200$681.9K0.02%+2,200+44.0%Added
TrimTabs Asset Management, LLC7,226$684.4K0.09%+7,226New
Stifel Financial Corp7,591$719.0K0.00%+605+8.7%Added
Mariner, LLC7,621$721.8K0.00%+4,003+110.6%Added
Capital International Sarl8,119$769.0K0.02%−2,008−19.8%Reduced
HRT Financial LP8,843$837.0K0.00%+6,726+317.7%Added
Citadel Advisors LLC8,854$838.6K0.00%−13,526−60.4%Reduced
Gordian Capital Singapore Pte Ltd9,000$852.4K0.45%−6,000−40.0%Reduced
Dynamic Technology Lab Private Ltd9,819$930.0K0.15%+3,819+63.7%Added
Deutsche Bank AG10,000$947.1K0.00%+10,000New
FourWorld Capital Management LLC10,000$947.1K0.51%+10,000New
SG Americas Securities, LLC11,854$1.12M0.00%+5,395+83.5%Added
Capital Group Private Client Services, Inc.12,246$1.16M0.01%−511−4.0%Reduced
Aviva PLC12,324$1.17M0.00%00.0%Unchanged
Exchange Traded Concepts, LLC12,648$1.20M0.02%+755+6.3%Added
Cubist Systematic Strategies, LLC12,969$1.23M0.02%+12,969New
M&T Bank Corp13,022$1.23M0.00%−507−3.7%Reduced
Two Sigma Investments, LP13,163$1.25M0.00%+13,163New
Quadrature Capital Ltd14,020$1.33M0.03%+5,834+71.3%Added
Global Endowment Management, LP14,466$1.37M0.18%−2,548−15.0%Reduced
Gsa Capital Partners LLP14,721$1.39M0.10%00.0%Unchanged
Flossbach Von Storch AG15,000$1.42M0.01%+2,500+20.0%Added
Envestnet Asset Management Inc18,028$1.71M0.00%−1,448−7.4%Reduced
William Blair Investment Management, LLC18,214$1.73M0.00%+18,214New
Raiffeisen Bank International AG18,800$1.80M0.03%+18,800New
LSV Asset Management22,700$2.15M0.00%00.0%Unchanged
Jane Street Group, LLC23,811$2.26M0.00%+19,072+402.4%Added
Steamboat Capital Partners, LLC24,383$2.31M0.71%−536−2.2%Reduced
Itau Unibanco Holding S.A.27,020$2.59M0.08%+27,020New
ABS Direct Equity Fund LLC29,713$2.81M3.26%+29,713New
Macquarie Group Ltd30,232$2.86M0.00%−962−3.1%Reduced
Dumac, Inc.31,510$2.98M4.61%+6,160+24.3%Added
Abn Amro Investment Solutions32,003$3.03M0.06%−381−1.2%Reduced
Driehaus Capital Management LLC32,124$3.04M0.03%+49+0.2%Added
State Street Corp36,397$3.45M0.00%+12,031+49.4%Added
Apis Capital Advisors, LLC37,000$3.50M2.33%−1,000−2.6%Reduced
Acadian Asset Management LLC39,733$3.76M0.01%−6,909−14.8%Reduced
Raymond James Financial Inc40,991$3.88M0.00%+40,991New
Kayne Anderson Rudnick Investment Management LLC41,004$3.88M0.01%+11,691+39.9%Added
Toroso Investments, LLC41,192$3.90M0.03%+3,910+10.5%Added
Baader Bank INC46,200$4.38M0.40%−13,050−22.0%Reduced
UBS Group AG48,131$4.56M0.00%+10,640+28.4%Added
Weiss Asset Management LP50,548$4.79M0.11%−71,938−58.7%Reduced
Robeco Institutional Asset Management B.V.56,800$5.38M0.01%+17,650+45.1%Added
Alberta Investment Management Corp56,855$5.38M0.04%+3,152+5.9%Added
Crawford Fund Management, LLC57,165$5.41M3.63%+57,165New
Qube Research & Technologies Ltd60,643$5.74M0.01%+50,233+482.5%Added