Joint Stock Co Kaspi.kz

KSPI

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

SEC filings (opens in a new tab)

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.

Q1 2025 vs. Q4 2024

How the institutions holding Joint Stock Co Kaspi.kz changed between Q4 2024 and Q1 2025.

All holders in Q1 2025 All holders in Q4 2024

13F holders of KSPI: Q4 2024 compared with Q1 2025
Measure	Q4 2024	Of which not filed for Q1 2025	Q1 2025	Change
Holders	175	1	192	+18
Shares	89.4M	6.73K	88.8M	−639.0K (−0.7%)
Value	$8.47B	$637.0K	$8.25B	−$228.3M (−2.7%)

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (35)

Institutions that held Joint Stock Co Kaspi.kz at the end of Q1 2025 but not at the end of Q4 2024.

Institutions new to KSPI in Q1 2025
Institution	Shares	Value	% of portfolio
Capital World Investors	442,739	$41.1M	0.01%
Polar Capital Holdings Plc	206,442	$19.2M	0.12%
ARK Investment Management LLCSuperinvestorARK Invest	130,997	$12.2M	0.12%
Pictet Asset Management Holding SA	104,614	$9.71M	0.01%
Hood River Capital Management LLC	75,024	$6.97M	0.12%
Armor Advisors, L.L.C.	69,050	$6.41M	6.31%
Evergreen Wealth Management, LLC	36,527	$3.39M	2.03%
Northern Trust Corp	36,066	$3.35M	0.00%
UBS Asset Management Americas Inc	16,456	$1.53M	0.00%
Virtu Financial LLC	15,036	$1.40M	0.08%
Amitell Capital Pte Ltd	14,832	$1.38M	1.06%
Balyasny Asset Management LLC	12,166	$1.13M	0.00%
Verde Servicos Internacionais S.A.	10,600	$984.0K	0.56%
Jain Global LLC	8,799	$817.0K	0.02%
Y-Intercept (Hong Kong) Ltd	7,192	$667.8K	0.05%
MIG Capital, LLC	6,976	$647.7K	0.08%
Acuitas Investments, LLC	6,600	$612.8K	0.52%
Paragon Associates & Paragon Associates II Joint Venture	5,000	$464.3K	1.09%
Wexford Capital LP	4,692	$435.6K	0.11%
Schonfeld Strategic Advisors LLC	4,405	$409.0K	0.00%
Ingalls & Snyder LLC	3,874	$360.0K	0.01%
Harvest Fund Management Co., Ltd	3,700	$344.0K	0.02%
Advisory Services Network, LLC	2,671	$248.0K	0.00%
Kerrisdale Advisers, LLC	2,600	$241.4K	0.10%
Altshuler Shaham Ltd	2,500	$232.1K	0.01%
Squarepoint Ops LLC	2,438	$226.4K	0.00%
Ascent Group, LLC	2,255	$209.4K	0.01%
Quantbot Technologies LP	1,187	$110.2K	0.00%
Barclays PLC	771	$71.6K	0.00%
Clear Street Markets LLC	344	$31.9K	0.02%
Steward Partners Investment Advisory, LLC	210	$19.5K	0.00%
Byrne Asset Management LLC	130	$12.1K	0.01%
Hantz Financial Services, Inc.	45	$4.00K	0.00%
Jones Financial Companies LLLP	25	$2.35K	0.00%
AdvisorNet Financial, Inc	11	$1.02K	0.00%

Sold out (17)

Institutions that held Joint Stock Co Kaspi.kz at the end of Q4 2024 and filed for Q1 2025 without it.

Institutions that sold out of KSPI in Q1 2025
Institution	Shares, Q4 2024	Value, Q4 2024
Jupiter Asset Management Ltd	154,187	$14.6M
Nellore Capital Management LLC	140,119	$13.3M
Marshall Wace, LLP	125,241	$11.9M
Gsa Capital Partners LLP	14,721	$1.39M
Two Sigma Investments, LP	13,163	$1.25M
Capital Group Private Client Services, Inc.	12,246	$1.16M
TrimTabs Asset Management, LLC	7,226	$684.4K
Northwest & Ethical Investments L.P.	6,350	$601.4K
D. E. Shaw & Co., Inc.	5,673	$537.3K
Wolverine Trading, LLC	5,250	$504.0K
EntryPoint Capital, LLC	4,361	$413.0K
Polen Capital Management LLC	3,105	$294.1K
Simplex Trading, LLC	743	$70.0K
FLP Wealth Management, LLC	96	$9.09K
CoreCap Advisors, LLC	40	$3.79K
IFP Advisors, Inc	10	$947
US Bancorp	8	$758

Not filed for Q1 2025 yet (1)

Institutions that held Joint Stock Co Kaspi.kz at the end of Q4 2024 and haven't filed a 13F for Q1 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding KSPI in Q4 2024 that haven't filed for Q1 2025
Institution	Shares, Q4 2024	Value, Q4 2024
Swedbank AB	6,726	$637.0K