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, Q1 2025
Institutional positions in Joint Stock Co Kaspi.kz as of Mar 31, 2025. 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
- 192
- +18 vs. Q4 2024
- Shares held
- 88.8M
- −639.0K (−0.7%) vs. Q4 2024
- Total value
- $8.25B
- −$228.3M (−2.7%) vs. Q4 2024
- New holders
- 35
- 64 more added
- Sold out
- 17
- 67 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 205 | $7.25B |
| Q1 2026 | 167 | $6.27B |
| Q4 2025 | 175 | $6.67B |
| Q3 2025 | 185 | $6.05B |
| Q2 2025 | 162 | $6.38B |
| Q1 2025 | 192 | $8.25B |
| Q4 2024 | 175 | $8.47B |
| Q3 2024 | 170 | $4.52B |
| Q2 2024 | 154 | $5.55B |
| Q1 2024 | 126 | $5.02B |
| Q4 2023 | 1 | $15.8M |
| Q3 2023 | 1 | $16.9M |
| Q2 2023 | 2 | $33.9M |
| Q1 2023 | 2 | $31.3M |
| Q4 2022 | 2 | $19.0M |
| Q3 2022 | 2 | $22.4M |
| Q2 2022 | 2 | $16.5M |
| Q1 2022 | 2 | $17.0M |
| Q4 2021 | 2 | $40.5M |
| Q3 2021 | 2 | $34.3M |
| Q2 2021 | 2 | $37.1M |
| Q1 2021 | 2 | $16.0M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baring Fintech Fund III Managers Ltd | 28,565,361 | $2.65B | 100.00% | −281,187−1.0% | Reduced |
| Baring Fintech Manager Holding Ltd | 18,051,851 | $1.68B | 100.00% | 00.0% | Unchanged |
| Baillie Gifford & Co | 5,260,033 | $488.4M | 0.43% | +768,529+17.1% | Added |
| FIL Ltd | 4,107,787 | $381.4M | 0.36% | −165,406−3.9% | Reduced |
| BlackRock, Inc. | 2,382,555 | $221.2M | 0.00% | −1,250,192−34.4% | Reduced |
| GQG Partners LLC | 1,730,163 | $160.6M | 0.26% | +139,889+8.8% | Added |
| Pzena Investment Management LLC | 1,432,981 | $133.1M | 0.46% | +306,277+27.2% | Added |
| FMR LLC | 1,429,025 | $132.7M | 0.01% | +100,566+7.6% | Added |
| Schroder Investment Management Group | 1,359,270 | $126.2M | 0.13% | +165,443+13.9% | Added |
| Sands Capital Management, LLC | 1,311,457 | $121.8M | 0.41% | −130,029−9.0% | Reduced |
| Southpoint Capital Advisors LP | 1,250,000 | $116.1M | 2.80% | 00.0% | Unchanged |
| Samlyn Capital, LLC | 1,240,247 | $115.2M | 1.90% | +80,372+6.9% | Added |
| Greenvale Capital LLP | 1,150,000 | $106.8M | 10.40% | −50,000−4.2% | Reduced |
| Cat Rock Capital Management LP | 1,013,811 | $94.1M | 12.49% | −11,000−1.1% | Reduced |
| Standard Life Aberdeen plc | 959,856 | $89.1M | 0.17% | −547,427−36.3% | Reduced |
| VR Advisory Services Ltd | 955,462 | $88.7M | 23.14% | +119,299+14.3% | Added |
| BIT Capital GmbH | 931,066 | $86.4M | 10.41% | −276,616−22.9% | Reduced |
| Mawer Investment Management Ltd. | 860,338 | $79.9M | 0.39% | −36,957−4.1% | Reduced |
| Alliancebernstein L.P. | 636,122 | $59.1M | 0.02% | −6,976−1.1% | Reduced |
| Coronation Fund Managers Ltd. | 536,702 | $49.8M | 2.71% | +71,481+15.4% | Added |
| Park West Asset Management LLC | 520,664 | $48.3M | 3.95% | +123,378+31.1% | Added |
| Arrowstreet Capital, Limited Partnership | 500,913 | $46.5M | 0.04% | +115,658+30.0% | Added |
| HSBC Holdings PLC | 486,161 | $45.2M | 0.03% | −4,409−0.9% | Reduced |
| Ninety One UK Ltd | 471,113 | $43.7M | 0.12% | −122,921−20.7% | Reduced |
| Capital World Investors | 442,739 | $41.1M | 0.01% | +442,739 | New |
| Untitled Investments LP | 426,400 | $39.6M | 11.21% | −10,525−2.4% | Reduced |
| Gemsstock Limited | 410,000 | $38.1M | 14.34% | +277,687+209.9% | Added |
| Fiera Capital Corp | 396,064 | $36.8M | 0.13% | −39,912−9.2% | Reduced |
| JPMorgan Chase & Co | 371,645 | $34.5M | 0.00% | −232,093−38.4% | Reduced |
| Luxor Capital Group, LP | 368,148 | $34.2M | 4.36% | −125,627−25.4% | Reduced |
| Goldman Sachs Group Inc | 367,702 | $34.1M | 0.01% | −18,901−4.9% | Reduced |
| Wellington Management Group LLP | 343,173 | $31.9M | 0.01% | −39,721−10.4% | Reduced |
| Legal & General Group Plc | 331,565 | $30.8M | 0.01% | −19,584−5.6% | Reduced |
| Brightlight Capital Management LP | 320,900 | $29.8M | 20.13% | 00.0% | Unchanged |
| Sumitomo Mitsui Trust Holdings, Inc. | 313,992 | $29.2M | 0.02% | +24,616+8.5% | Added |
| Nikko Asset Management Americas, Inc. | 313,545 | $29.1M | 0.38% | +24,616+8.5% | Added |
| Bank of America Corp | 277,076 | $25.7M | 0.00% | −223,863−44.7% | Reduced |
| Artisan Partners Limited Partnership | 259,743 | $24.1M | 0.04% | +3,206+1.2% | Added |
| Mondrian Investment Partners LTD | 240,051 | $22.3M | 0.38% | −2,364−1.0% | Reduced |
| Philosophy Capital Management LLC | 239,054 | $22.2M | 2.96% | +39,054+19.5% | Added |
| WCM Investment Management, LLC | 209,774 | $19.7M | 0.05% | 00.0% | Unchanged |
| Polar Capital Holdings Plc | 206,442 | $19.2M | 0.12% | +206,442 | New |
| Van Eck Associates Corp | 194,682 | $18.1M | 0.02% | +117,716+152.9% | Added |
| Millennium Management LLC | 193,804 | $18.0M | 0.02% | +17,211+9.7% | Added |
| Franklin Resources Inc | 186,344 | $17.3M | 0.01% | 00.0% | Unchanged |
| Harding Loevner LP | 186,307 | $17.3M | 0.13% | −10,853−5.5% | Reduced |
| Bienville Capital Management, LLC | 172,905 | $16.1M | 3.89% | +71,032+69.7% | Added |
| Carmignac Gestion | 167,054 | $15.5M | 0.25% | 00.0% | Unchanged |
| Geode Capital Management, LLC | 165,950 | $15.4M | 0.00% | −1,501−0.9% | Reduced |
| Weiss Asset Management LP | 157,419 | $14.6M | 0.39% | +106,871+211.4% | Added |
| SEI Investments Co | 156,338 | $14.5M | 0.02% | +8,374+5.7% | Added |
| Russell Investments Group, Ltd. | 154,780 | $14.4M | 0.02% | −1,539−1.0% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 136,158 | $12.6M | 1.18% | +24,289+21.7% | Added |
| Morgan Stanley | 135,611 | $12.6M | 0.00% | −22,595−14.3% | Reduced |
| Mirabella Financial Services LLP | 134,696 | $12.5M | 0.51% | −20,177−13.0% | Reduced |
| Public Employees Retirement System of Ohio | 134,372 | $12.5M | 0.05% | +59,436+79.3% | Added |
| Capital International Inc | 131,746 | $12.2M | 0.15% | −3,800−2.8% | Reduced |
| Breakout Capital Partners, LP | 131,000 | $12.2M | 11.14% | 00.0% | Unchanged |
| ARK Investment Management LLCSuperinvestorARK Invest | 130,997 | $12.2M | 0.12% | +130,997 | New |
| Marex Group plc | 130,303 | $12.1M | 0.23% | −51,527−28.3% | Reduced |
| Comgest Global Investors S.A.S. | 126,883 | $11.8M | 0.21% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 123,333 | $11.5M | 0.04% | −27,955−18.5% | Reduced |
| State of New Jersey Common Pension Fund D | 116,801 | $10.8M | 0.05% | +31,171+36.4% | Added |
| Tekne Capital Management, LLC | 106,500 | $9.89M | 3.77% | −118,000−52.6% | Reduced |
| Pictet Asset Management Holding SA | 104,614 | $9.71M | 0.01% | +104,614 | New |
| Penserra Capital Management LLC | 98,744 | $9.17M | 0.16% | −5,797−5.5% | Reduced |
| Fairtree Asset Management (Pty) Ltd | 97,480 | $9.05M | 7.28% | +16,466+20.3% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 90,434 | $8.40M | 0.05% | +24,009+36.1% | Added |
| Price T Rowe Associates Inc | 78,357 | $7.28M | 0.00% | +6,297+8.7% | Added |
| Cullen Capital Management LLC | 76,826 | $7.13M | 0.08% | −108,260−58.5% | Reduced |
| Hood River Capital Management LLC | 75,024 | $6.97M | 0.12% | +75,024 | New |
| Truffle Hound Capital, LLC | 75,000 | $6.96M | 4.46% | 00.0% | Unchanged |
| Alberta Investment Management Corp | 70,707 | $6.57M | 0.04% | +13,852+24.4% | Added |
| Qube Research & Technologies Ltd | 69,696 | $6.47M | 0.01% | +9,053+14.9% | Added |
| Armor Advisors, L.L.C. | 69,050 | $6.41M | 6.31% | +69,050 | New |
| Capital International Investors | 62,837 | $5.91M | 0.00% | −40,081−38.9% | Reduced |
| UBS Oconnor LLC | 62,020 | $5.76M | 0.14% | −31,445−33.6% | Reduced |
| Renaissance Capital LLC | 61,524 | $5.71M | 4.41% | −28,787−31.9% | Reduced |
| Crawford Fund Management, LLC | 60,765 | $5.64M | 3.72% | +3,600+6.3% | Added |
| Amundi | 58,854 | $5.32M | 0.00% | −3,406−5.5% | Reduced |
| Robeco Institutional Asset Management B.V. | 56,800 | $5.27M | 0.01% | 00.0% | Unchanged |
| UBS Group AG | 55,949 | $5.19M | 0.00% | +7,818+16.2% | Added |
| Ameriprise Financial Inc | 55,869 | $5.19M | 0.00% | −138,809−71.3% | Reduced |
| Jane Street Group, LLC | 47,515 | $4.41M | 0.01% | +23,704+99.6% | Added |
| William Blair Investment Management, LLC | 45,460 | $4.22M | 0.01% | +27,246+149.6% | Added |
| Itau Unibanco Holding S.A. | 41,929 | $3.89M | 0.15% | +14,909+55.2% | Added |
| Macquarie Group Ltd | 41,118 | $3.82M | 0.00% | +10,886+36.0% | Added |
| Baader Bank INC | 41,190 | $3.81M | 0.38% | −5,010−10.8% | Reduced |
| Driehaus Capital Management LLC | 40,075 | $3.72M | 0.04% | +7,951+24.8% | Added |
| Raymond James Financial Inc | 39,471 | $3.66M | 0.00% | −1,520−3.7% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 37,801 | $3.51M | 0.01% | −3,203−7.8% | Reduced |
| State Street Corp | 37,270 | $3.46M | 0.00% | +873+2.4% | Added |
| Evergreen Wealth Management, LLC | 36,527 | $3.39M | 2.03% | +36,527 | New |
| Toroso Investments, LLC | 36,264 | $3.37M | 0.03% | −4,928−12.0% | Reduced |
| Northern Trust Corp | 36,066 | $3.35M | 0.00% | +36,066 | New |
| Acadian Asset Management LLC | 31,761 | $2.95M | 0.01% | −7,972−20.1% | Reduced |
| Dumac, Inc. | 31,510 | $2.93M | 11.67% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 31,054 | $2.88M | 0.06% | −949−3.0% | Reduced |
| ABS Direct Equity Fund LLC | 29,713 | $2.76M | 3.69% | 00.0% | Unchanged |
| Flossbach Von Storch AG | 25,000 | $2.32M | 0.01% | +10,000+66.7% | Added |