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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, 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.

Institutional holdersQ1 2025: 192 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 heldQ1 2025: $8.25B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q4 2024.

Institutions holding KSPI in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Farther Finance Advisors, LLC0$20.00%0Unchanged
Federation des caisses Desjardins du Quebec6$5570.00%00.0%Unchanged
Advisor Group Holdings, Inc.10$9290.00%−171−94.5%Reduced
AdvisorNet Financial, Inc11$1.02K0.00%+11New
Jones Financial Companies LLLP25$2.35K0.00%+25New
Whittier Trust Co of Nevada Inc31$2.88K0.00%00.0%Unchanged
Lazard Asset Management LLC38$3.00K0.00%00.0%Unchanged
Hantz Financial Services, Inc.45$4.00K0.00%+45New
Harbour Investments, Inc.70$6.50K0.00%−64−47.8%Reduced
Byrne Asset Management LLC130$12.1K0.01%+130New
EverSource Wealth Advisors, LLC159$14.8K0.00%−5−3.0%Reduced
Steward Partners Investment Advisory, LLC210$19.5K0.00%+210New
Skopos Labs, Inc.232$21.4K0.00%+231+23,100.0%Added
Citigroup Inc240$22.3K0.00%−1,035−81.2%Reduced
Umb Bank N A268$24.9K0.00%−18−6.3%Reduced
Clear Street Markets LLC344$31.9K0.02%+344New
GAMMA Investing LLC360$33.4K0.00%−183−33.7%Reduced
Wells Fargo & Company528$49.1K0.00%+147+38.6%Added
Carolinas Wealth Consulting LLC700$65.0K0.01%00.0%Unchanged
Barclays PLC771$71.6K0.00%+771New
State of Wyoming832$77.4K0.01%−60−6.7%Reduced
Nomura Asset Management Co Ltd868$80.6K0.00%−182−17.3%Reduced
Tower Research Capital LLC (TRC)925$85.9K0.00%+10+1.1%Added
Ridgewood Investments LLC1,000$92.8K0.04%+400+66.7%Added
Asset Management One Co.,Ltd.1,103$102.4K0.00%+296+36.7%Added
Quantbot Technologies LP1,187$110.2K0.00%+1,187New
Caitong International Asset Management Co., Ltd1,399$129.9K0.10%+1,239+774.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,736$161.2K0.00%+174+11.1%Added
Toronto Dominion Bank1,971$183.0K0.00%00.0%Unchanged
Premier Fund Managers Ltd2,088$197.0K0.01%+31+1.5%Added
Natixis2,153$199.9K0.00%+140+7.0%Added
Sandia Investment Management LP2,175$201.9K0.59%00.0%Unchanged
Ascent Group, LLC2,255$209.4K0.01%+2,255New
Proficio Capital Partners LLC2,266$213.6K0.02%00.0%Unchanged
R Squared Ltd2,410$223.8K0.24%+2,250+1,406.3%Added
Squarepoint Ops LLC2,438$226.4K0.00%+2,438New
Altshuler Shaham Ltd2,500$232.1K0.01%+2,500New
CI Private Wealth, LLC2,575$239.5K0.00%+30+1.2%Added
Kerrisdale Advisers, LLC2,600$241.4K0.10%+2,600New
Advisory Services Network, LLC2,671$248.0K0.00%+2,671New
Harvest Fund Management Co., Ltd3,700$344.0K0.02%+3,700New
Ingalls & Snyder LLC3,874$360.0K0.01%+3,874New
Neuberger Berman Group LLC3,879$360.2K0.00%00.0%Unchanged
Cantor Fitzgerald, L. P.4,000$371.4K0.01%00.0%Unchanged
E. Ohman J:or Asset Management AB4,349$403.8K0.01%+1,093+33.6%Added
Schonfeld Strategic Advisors LLC4,405$409.0K0.00%+4,405New
Daiwa Securities Group Inc.4,463$414.0K0.00%+766+20.7%Added
Wexford Capital LP4,692$435.6K0.11%+4,692New
Stifel Financial Corp4,697$436.1K0.00%−2,894−38.1%Reduced
Quadrature Capital Ltd4,753$441.9K0.01%−9,267−66.1%Reduced
Citadel Advisors LLC4,928$457.6K0.00%−3,926−44.3%Reduced
Paragon Associates & Paragon Associates II Joint Venture5,000$464.3K1.09%+5,000New
Global Endowment Management, LP5,251$487.6K0.06%−9,215−63.7%Reduced
Aigen Investment Management, LP5,370$498.6K0.08%+158+3.0%Added
Commerce Bank5,677$527.1K0.00%+1,418+33.3%Added
Royal Bank of Canada5,826$541.0K0.00%+104+1.8%Added
BNP Paribas Arbitrage, SA6,179$573.7K0.00%+3,221+108.9%Added
Federated Hermes, Inc.6,345$589.1K0.00%−192−2.9%Reduced
Dodge & Cox6,426$596.7K0.00%00.0%Unchanged
Pitcairn Co6,518$605.2K0.04%+449+7.4%Added
Acuitas Investments, LLC6,600$612.8K0.52%+6,600New
MIG Capital, LLC6,976$647.7K0.08%+6,976New
Ariel Investments, LLC7,130$662.0K0.01%+3,657+105.3%Added
Mariner, LLC7,171$665.9K0.00%−450−5.9%Reduced
Y-Intercept (Hong Kong) Ltd7,192$667.8K0.05%+7,192New
Dynamic Technology Lab Private Ltd8,020$745.0K0.11%−1,799−18.3%Reduced
Capital International Sarl8,372$777.3K0.02%+253+3.1%Added
Aviva PLC8,385$778.5K0.00%−3,939−32.0%Reduced
HRT Financial LP8,698$807.0K0.01%−145−1.6%Reduced
Jain Global LLC8,799$817.0K0.02%+8,799New
Gordian Capital Singapore Pte Ltd9,000$835.6K0.52%00.0%Unchanged
Steamboat Capital Partners, LLC9,111$846.0K0.26%−15,272−62.6%Reduced
Hyperion Capital Advisors LP9,200$854.2K0.46%+2,000+27.8%Added
Main Management ETF Advisors, LLC9,373$870.0K0.06%+3,677+64.6%Added
M&T Bank Corp9,928$921.8K0.00%−3,094−23.8%Reduced
FourWorld Capital Management LLC10,000$928.5K0.64%00.0%Unchanged
Boothbay Fund Management, LLC10,000$928.5K0.03%+2,800+38.9%Added
Verde Servicos Internacionais S.A.10,600$984.0K0.56%+10,600New
Deutsche Bank AG11,500$1.07M0.00%+1,500+15.0%Added
Balyasny Asset Management LLC12,166$1.13M0.00%+12,166New
Exchange Traded Concepts, LLC12,648$1.17M0.02%00.0%Unchanged
Amitell Capital Pte Ltd14,832$1.38M1.06%+14,832New
Virtu Financial LLC15,036$1.40M0.08%+15,036New
UBS Asset Management Americas Inc16,456$1.53M0.00%+16,456New
SG Americas Securities, LLC16,832$1.56M0.01%+4,978+42.0%Added
Capricorn Fund Managers Ltd17,000$1.58M0.84%−110,630−86.7%Reduced
Envestnet Asset Management Inc17,250$1.60M0.00%−778−4.3%Reduced
Raiffeisen Bank International AG18,400$1.73M0.03%−400−2.1%Reduced
LSV Asset Management19,100$1.77M0.00%−3,600−15.9%Reduced
Engineers Gate Manager LP21,348$1.98M0.03%+17,225+417.8%Added
Cubist Systematic Strategies, LLC22,584$2.10M0.03%+9,615+74.1%Added
Apis Capital Advisors, LLC24,000$2.23M1.08%−13,000−35.1%Reduced
Flossbach Von Storch AG25,000$2.32M0.01%+10,000+66.7%Added
ABS Direct Equity Fund LLC29,713$2.76M3.69%00.0%Unchanged
Abn Amro Investment Solutions31,054$2.88M0.06%−949−3.0%Reduced
Dumac, Inc.31,510$2.93M11.67%00.0%Unchanged
Acadian Asset Management LLC31,761$2.95M0.01%−7,972−20.1%Reduced
Northern Trust Corp36,066$3.35M0.00%+36,066New
Toroso Investments, LLC36,264$3.37M0.03%−4,928−12.0%Reduced
Evergreen Wealth Management, LLC36,527$3.39M2.03%+36,527New