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, Q3 2025
Institutional positions in Joint Stock Co Kaspi.kz as of Sep 30, 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
- 185
- +24 vs. Q2 2025
- Shares held
- 74.0M
- −1.05M (−1.4%) vs. Q2 2025
- Total value
- $6.05B
- −$327.5M (−5.1%) vs. Q2 2025
- New holders
- 44
- 74 more added
- Sold out
- 20
- 50 more reduced
1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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, Q3 2025
Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baring Fintech Manager Holding Ltd | 18,051,851 | $1.47B | 100.00% | 00.0% | Unchanged |
| Baring Fintech Fund III Managers Ltd | 14,422,272 | $1.18B | 100.00% | −1,885,784−11.6% | Reduced |
| Baillie Gifford & Co | 4,785,985 | $390.9M | 0.29% | −245,229−4.9% | Reduced |
| FIL Ltd | 3,793,147 | $309.8M | 0.24% | −153,395−3.9% | Reduced |
| Pzena Investment Management LLC | 1,732,148 | $141.5M | 0.46% | +51,502+3.1% | Added |
| FMR LLC | 1,677,882 | $137.0M | 0.01% | −154,288−8.4% | Reduced |
| Sands Capital Management, LLC | 1,644,240 | $134.3M | 0.37% | −37,773−2.2% | Reduced |
| Schroder Investment Management Group | 1,446,348 | $118.1M | 0.09% | +57,318+4.1% | Added |
| Southpoint Capital Advisors LP | 1,250,000 | $102.1M | 2.68% | 00.0% | Unchanged |
| Samlyn Capital, LLC | 1,188,010 | $97.0M | 1.38% | +174,708+17.2% | Added |
| GQG Partners LLC | 1,107,143 | $90.4M | 0.14% | −369,508−25.0% | Reduced |
| VR Advisory Services Ltd | 1,077,369 | $88.0M | 21.34% | 00.0% | Unchanged |
| Greenvale Capital LLP | 980,000 | $80.0M | 6.40% | −170,000−14.8% | Reduced |
| BlackRock, Inc. | 880,306 | $71.9M | 0.00% | −626,924−41.6% | Reduced |
| BIT Capital GmbH | 880,036 | $71.9M | 3.28% | +65,873+8.1% | Added |
| Ameriprise Financial Inc | 869,201 | $71.0M | 0.02% | +815,509+1,518.9% | Added |
| Coronation Fund Managers Ltd. | 823,295 | $67.2M | 3.51% | −61,763−7.0% | Reduced |
| Mawer Investment Management Ltd. | 785,974 | $64.2M | 0.33% | −19,550−2.4% | Reduced |
| Standard Life Aberdeen plc | 779,646 | $63.5M | 0.10% | −192,194−19.8% | Reduced |
| Wellington Management Group LLP | 742,647 | $60.7M | 0.01% | +493,101+197.6% | Added |
| Cat Rock Capital Management LP | 645,001 | $52.7M | 6.50% | −183,510−22.1% | Reduced |
| Polar Capital Holdings Plc | 586,755 | $47.9M | 0.23% | −1,019−0.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 578,058 | $47.2M | 0.03% | +63,880+12.4% | Added |
| Capital World Investors | 566,450 | $46.3M | 0.01% | +121,970+27.4% | Added |
| Jane Street Group, LLC | 530,731 | $43.4M | 0.05% | +530,731 | New |
| HSBC Holdings PLC | 497,313 | $40.6M | 0.02% | +35,084+7.6% | Added |
| JPMorgan Chase & Co | 473,259 | $38.7M | 0.00% | +39,550+9.1% | Added |
| Brightlight Capital Management LP | 432,000 | $35.3M | 21.35% | 00.0% | Unchanged |
| Mondrian Investment Partners LTD | 420,146 | $34.3M | 0.57% | +420,146 | New |
| Goldman Sachs Group Inc | 410,878 | $33.6M | 0.00% | −13,702−3.2% | Reduced |
| Brandes Investment Partners, LP | 407,732 | $33.3M | 0.27% | +407,732 | New |
| Untitled Investments LP | 396,040 | $32.3M | 8.73% | +1,130+0.3% | Added |
| Fiera Capital Corp | 393,742 | $32.2M | 0.10% | −35,117−8.2% | Reduced |
| Alliancebernstein L.P. | 377,239 | $30.8M | 0.01% | −228,459−37.7% | Reduced |
| Bank of America Corp | 344,124 | $28.1M | 0.00% | −71,841−17.3% | Reduced |
| Nikko Asset Management Americas, Inc. | 323,903 | $26.5M | 0.26% | +25,594+8.6% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 323,903 | $26.5M | 0.02% | +24,278+8.1% | Added |
| Artisan Partners Limited Partnership | 287,193 | $23.5M | 0.03% | +5,897+2.1% | Added |
| Legal & General Group Plc | 272,360 | $22.2M | 0.00% | −75,936−21.8% | Reduced |
| Carmignac Gestion | 250,587 | $20.5M | 0.31% | +66,557+36.2% | Added |
| Bienville Capital Management, LLC | 222,987 | $18.2M | 3.47% | −22,867−9.3% | Reduced |
| Mirabella Financial Services LLP | 217,344 | $17.8M | 1.54% | +104,643+92.9% | Added |
| Luxor Capital Group, LP | 212,479 | $17.4M | 2.38% | −1,686−0.8% | Reduced |
| Ninety One UK Ltd | 206,743 | $16.9M | 0.04% | −222,867−51.9% | Reduced |
| WCM Investment Management, LLC | 200,876 | $16.4M | 0.03% | −1,774−0.9% | Reduced |
| Morgan Stanley | 192,909 | $15.8M | 0.00% | +66,859+53.0% | Added |
| Franklin Resources Inc | 192,112 | $15.7M | 0.00% | +4,313+2.3% | Added |
| Gemsstock Limited | 186,662 | $15.2M | 4.04% | −140,700−43.0% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 185,837 | $15.2M | 1.16% | +17,423+10.3% | Added |
| Southeastern Asset Management IncSuperinvestorSoutheastern Asset Management (Longleaf) | 178,444 | $14.6M | 0.74% | −10,362−5.5% | Reduced |
| SEI Investments Co | 176,995 | $14.5M | 0.02% | −178−0.1% | Reduced |
| Cape Ann Asset Management Ltd | 173,700 | $14.2M | 4.78% | +173,700 | New |
| Geode Capital Management, LLC | 167,800 | $13.7M | 0.00% | +2,288+1.4% | Added |
| Weiss Asset Management LP | 157,419 | $12.9M | 0.18% | 00.0% | Unchanged |
| Harding Loevner LP | 154,802 | $12.6M | 0.09% | +3,442+2.3% | Added |
| Russell Investments Group, Ltd. | 153,500 | $12.5M | 0.01% | −30,563−16.6% | Reduced |
| Philosophy Capital Management LLC | 143,704 | $11.7M | 1.36% | −96,450−40.2% | Reduced |
| Public Employees Retirement System of Ohio | 143,625 | $11.7M | 0.04% | −3,860−2.6% | Reduced |
| ARK Investment Management LLCSuperinvestorARK Invest | 141,780 | $11.6M | 0.07% | +21,076+17.5% | Added |
| Balyasny Asset Management LLC | 130,580 | $10.7M | 0.02% | +130,580 | New |
| State of New Jersey Common Pension Fund D | 116,801 | $9.54M | 0.04% | 00.0% | Unchanged |
| Armor Advisors, L.L.C. | 115,880 | $9.47M | 8.97% | +8,871+8.3% | Added |
| UBS Oconnor LLC | 113,903 | $9.30M | 0.28% | +28,348+33.1% | Added |
| Fairtree Asset Management (Pty) Ltd | 112,594 | $9.20M | 6.02% | +3,088+2.8% | Added |
| Cannell Capital LLC | 108,799 | $8.89M | 2.33% | +82,086+307.3% | Added |
| Exchange Traded Concepts, LLC | 107,918 | $8.81M | 0.08% | +516+0.5% | Added |
| Norwood Investment Partners, LP | 105,104 | $8.58M | 7.38% | +10,000+10.5% | Added |
| Van Eck Associates Corp | 104,153 | $8.51M | 0.01% | −27,124−20.7% | Reduced |
| Jump Financial, LLC | 102,542 | $8.38M | 0.11% | +77,142+303.7% | Added |
| Price T Rowe Associates Inc | 98,998 | $8.09M | 0.00% | +2,744+2.9% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 90,434 | $7.39M | 0.04% | 00.0% | Unchanged |
| Renaissance Capital LLC | 89,750 | $7.33M | 4.11% | +24,115+36.7% | Added |
| Hood River Capital Management LLC | 88,368 | $7.22M | 0.09% | +3,795+4.5% | Added |
| Truffle Hound Capital, LLC | 85,000 | $6.94M | 4.35% | +10,000+13.3% | Added |
| Itau Unibanco Holding S.A. | 73,461 | $6.00M | 0.21% | +17,958+32.4% | Added |
| Millennium Management LLC | 68,634 | $5.61M | 0.00% | +37,230+118.6% | Added |
| Robeco Institutional Asset Management B.V. | 65,000 | $5.31M | 0.01% | +10,000+18.2% | Added |
| Crawford Fund Management, LLC | 57,665 | $4.71M | 2.55% | −3,900−6.3% | Reduced |
| Amundi | 55,878 | $4.34M | 0.00% | −1,816−3.1% | Reduced |
| Voloridge Investment Management, LLC | 51,760 | $4.23M | 0.01% | −23,737−31.4% | Reduced |
| Pictet Asset Management Holding SA | 49,796 | $4.07M | 0.00% | +166+0.3% | Added |
| Macquarie Group Ltd | 45,171 | $3.69M | 0.00% | −1,477−3.2% | Reduced |
| Toroso Investments, LLC | 41,404 | $3.38M | 0.01% | +7,162+20.9% | Added |
| Evergreen Wealth Management, LLC | 40,603 | $3.32M | 1.74% | +2,898+7.7% | Added |
| Baader Bank INC | 40,247 | $3.27M | 0.27% | +1,518+3.9% | Added |
| Prelude Capital Management, LLC | 38,161 | $3.12M | 0.24% | +11,448+42.9% | Added |
| Point72 Asset Management, L.P. | 37,000 | $3.02M | 0.01% | +37,000 | New |
| BNP Paribas Arbitrage, SA | 36,850 | $3.01M | 0.00% | +18,103+96.6% | Added |
| Verition Fund Management LLC | 35,410 | $2.89M | 0.02% | +35,410 | New |
| Burkehill Global Management, LP | 35,000 | $2.86M | 0.16% | +35,000 | New |
| ABS Direct Equity Fund LLC | 34,283 | $2.80M | 4.00% | +4,570+15.4% | Added |
| Marshall Wace, LLP | 31,746 | $2.59M | 0.00% | +31,746 | New |
| Abn Amro Investment Solutions | 31,334 | $2.56M | 0.05% | −742−2.3% | Reduced |
| Wexford Capital LP | 30,960 | $2.53M | 0.76% | +22,059+247.8% | Added |
| Qube Research & Technologies Ltd | 29,073 | $2.37M | 0.00% | −1,240−4.1% | Reduced |
| Engineers Gate Manager LP | 27,313 | $2.23M | 0.03% | +17,628+182.0% | Added |
| D. E. Shaw & Co., Inc. | 25,440 | $2.08M | 0.00% | +12,098+90.7% | Added |
| Massar Capital Management, LP | 25,360 | $2.07M | 0.74% | +25,360 | New |
| Main Management ETF Advisors, LLC | 24,800 | $2.03M | 0.08% | +15,271+160.3% | Added |
| Virtu Financial LLC | 23,853 | $1.95M | 0.11% | +8,909+59.6% | Added |