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 |
|---|---|---|---|---|---|
| Baader Bank INC | 40,247 | $3.27M | 0.27% | +1,518+3.9% | Added |
| Evergreen Wealth Management, LLC | 40,603 | $3.32M | 1.74% | +2,898+7.7% | Added |
| Toroso Investments, LLC | 41,404 | $3.38M | 0.01% | +7,162+20.9% | Added |
| Macquarie Group Ltd | 45,171 | $3.69M | 0.00% | −1,477−3.2% | Reduced |
| Pictet Asset Management Holding SA | 49,796 | $4.07M | 0.00% | +166+0.3% | Added |
| Voloridge Investment Management, LLC | 51,760 | $4.23M | 0.01% | −23,737−31.4% | Reduced |
| Amundi | 55,878 | $4.34M | 0.00% | −1,816−3.1% | Reduced |
| Crawford Fund Management, LLC | 57,665 | $4.71M | 2.55% | −3,900−6.3% | Reduced |
| Robeco Institutional Asset Management B.V. | 65,000 | $5.31M | 0.01% | +10,000+18.2% | Added |
| Millennium Management LLC | 68,634 | $5.61M | 0.00% | +37,230+118.6% | Added |
| Itau Unibanco Holding S.A. | 73,461 | $6.00M | 0.21% | +17,958+32.4% | Added |
| Truffle Hound Capital, LLC | 85,000 | $6.94M | 4.35% | +10,000+13.3% | Added |
| Hood River Capital Management LLC | 88,368 | $7.22M | 0.09% | +3,795+4.5% | Added |
| Renaissance Capital LLC | 89,750 | $7.33M | 4.11% | +24,115+36.7% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 90,434 | $7.39M | 0.04% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 98,998 | $8.09M | 0.00% | +2,744+2.9% | Added |
| Jump Financial, LLC | 102,542 | $8.38M | 0.11% | +77,142+303.7% | Added |
| Van Eck Associates Corp | 104,153 | $8.51M | 0.01% | −27,124−20.7% | Reduced |
| Norwood Investment Partners, LP | 105,104 | $8.58M | 7.38% | +10,000+10.5% | Added |
| Exchange Traded Concepts, LLC | 107,918 | $8.81M | 0.08% | +516+0.5% | Added |
| Cannell Capital LLC | 108,799 | $8.89M | 2.33% | +82,086+307.3% | Added |
| Fairtree Asset Management (Pty) Ltd | 112,594 | $9.20M | 6.02% | +3,088+2.8% | Added |
| UBS Oconnor LLC | 113,903 | $9.30M | 0.28% | +28,348+33.1% | Added |
| Armor Advisors, L.L.C. | 115,880 | $9.47M | 8.97% | +8,871+8.3% | Added |
| State of New Jersey Common Pension Fund D | 116,801 | $9.54M | 0.04% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 130,580 | $10.7M | 0.02% | +130,580 | New |
| ARK Investment Management LLCSuperinvestorARK Invest | 141,780 | $11.6M | 0.07% | +21,076+17.5% | Added |
| Public Employees Retirement System of Ohio | 143,625 | $11.7M | 0.04% | −3,860−2.6% | Reduced |
| Philosophy Capital Management LLC | 143,704 | $11.7M | 1.36% | −96,450−40.2% | Reduced |
| Russell Investments Group, Ltd. | 153,500 | $12.5M | 0.01% | −30,563−16.6% | Reduced |
| Harding Loevner LP | 154,802 | $12.6M | 0.09% | +3,442+2.3% | Added |
| Weiss Asset Management LP | 157,419 | $12.9M | 0.18% | 00.0% | Unchanged |
| Geode Capital Management, LLC | 167,800 | $13.7M | 0.00% | +2,288+1.4% | Added |
| Cape Ann Asset Management Ltd | 173,700 | $14.2M | 4.78% | +173,700 | New |
| SEI Investments Co | 176,995 | $14.5M | 0.02% | −178−0.1% | Reduced |
| Southeastern Asset Management IncSuperinvestorSoutheastern Asset Management (Longleaf) | 178,444 | $14.6M | 0.74% | −10,362−5.5% | Reduced |
| Generali Investments CEE, investicni spolecnost, a.s. | 185,837 | $15.2M | 1.16% | +17,423+10.3% | Added |
| Gemsstock Limited | 186,662 | $15.2M | 4.04% | −140,700−43.0% | Reduced |
| Franklin Resources Inc | 192,112 | $15.7M | 0.00% | +4,313+2.3% | Added |
| Morgan Stanley | 192,909 | $15.8M | 0.00% | +66,859+53.0% | Added |
| WCM Investment Management, LLC | 200,876 | $16.4M | 0.03% | −1,774−0.9% | Reduced |
| Ninety One UK Ltd | 206,743 | $16.9M | 0.04% | −222,867−51.9% | Reduced |
| Luxor Capital Group, LP | 212,479 | $17.4M | 2.38% | −1,686−0.8% | Reduced |
| Mirabella Financial Services LLP | 217,344 | $17.8M | 1.54% | +104,643+92.9% | Added |
| Bienville Capital Management, LLC | 222,987 | $18.2M | 3.47% | −22,867−9.3% | Reduced |
| Carmignac Gestion | 250,587 | $20.5M | 0.31% | +66,557+36.2% | Added |
| Legal & General Group Plc | 272,360 | $22.2M | 0.00% | −75,936−21.8% | Reduced |
| Artisan Partners Limited Partnership | 287,193 | $23.5M | 0.03% | +5,897+2.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 323,903 | $26.5M | 0.02% | +24,278+8.1% | Added |
| Nikko Asset Management Americas, Inc. | 323,903 | $26.5M | 0.26% | +25,594+8.6% | Added |
| Bank of America Corp | 344,124 | $28.1M | 0.00% | −71,841−17.3% | Reduced |
| Alliancebernstein L.P. | 377,239 | $30.8M | 0.01% | −228,459−37.7% | Reduced |
| Fiera Capital Corp | 393,742 | $32.2M | 0.10% | −35,117−8.2% | Reduced |
| Untitled Investments LP | 396,040 | $32.3M | 8.73% | +1,130+0.3% | Added |
| Brandes Investment Partners, LP | 407,732 | $33.3M | 0.27% | +407,732 | New |
| Goldman Sachs Group Inc | 410,878 | $33.6M | 0.00% | −13,702−3.2% | Reduced |
| Mondrian Investment Partners LTD | 420,146 | $34.3M | 0.57% | +420,146 | New |
| Brightlight Capital Management LP | 432,000 | $35.3M | 21.35% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 473,259 | $38.7M | 0.00% | +39,550+9.1% | Added |
| HSBC Holdings PLC | 497,313 | $40.6M | 0.02% | +35,084+7.6% | Added |
| Jane Street Group, LLC | 530,731 | $43.4M | 0.05% | +530,731 | New |
| Capital World Investors | 566,450 | $46.3M | 0.01% | +121,970+27.4% | Added |
| Arrowstreet Capital, Limited Partnership | 578,058 | $47.2M | 0.03% | +63,880+12.4% | Added |
| Polar Capital Holdings Plc | 586,755 | $47.9M | 0.23% | −1,019−0.2% | Reduced |
| Cat Rock Capital Management LP | 645,001 | $52.7M | 6.50% | −183,510−22.1% | Reduced |
| Wellington Management Group LLP | 742,647 | $60.7M | 0.01% | +493,101+197.6% | Added |
| Standard Life Aberdeen plc | 779,646 | $63.5M | 0.10% | −192,194−19.8% | Reduced |
| Mawer Investment Management Ltd. | 785,974 | $64.2M | 0.33% | −19,550−2.4% | Reduced |
| Coronation Fund Managers Ltd. | 823,295 | $67.2M | 3.51% | −61,763−7.0% | Reduced |
| Ameriprise Financial Inc | 869,201 | $71.0M | 0.02% | +815,509+1,518.9% | Added |
| BIT Capital GmbH | 880,036 | $71.9M | 3.28% | +65,873+8.1% | Added |
| BlackRock, Inc. | 880,306 | $71.9M | 0.00% | −626,924−41.6% | Reduced |
| Greenvale Capital LLP | 980,000 | $80.0M | 6.40% | −170,000−14.8% | Reduced |
| VR Advisory Services Ltd | 1,077,369 | $88.0M | 21.34% | 00.0% | Unchanged |
| GQG Partners LLC | 1,107,143 | $90.4M | 0.14% | −369,508−25.0% | Reduced |
| Samlyn Capital, LLC | 1,188,010 | $97.0M | 1.38% | +174,708+17.2% | Added |
| Southpoint Capital Advisors LP | 1,250,000 | $102.1M | 2.68% | 00.0% | Unchanged |
| Schroder Investment Management Group | 1,446,348 | $118.1M | 0.09% | +57,318+4.1% | Added |
| Sands Capital Management, LLC | 1,644,240 | $134.3M | 0.37% | −37,773−2.2% | Reduced |
| FMR LLC | 1,677,882 | $137.0M | 0.01% | −154,288−8.4% | Reduced |
| Pzena Investment Management LLC | 1,732,148 | $141.5M | 0.46% | +51,502+3.1% | Added |
| FIL Ltd | 3,793,147 | $309.8M | 0.24% | −153,395−3.9% | Reduced |
| Baillie Gifford & Co | 4,785,985 | $390.9M | 0.29% | −245,229−4.9% | Reduced |
| Baring Fintech Fund III Managers Ltd | 14,422,272 | $1.18B | 100.00% | −1,885,784−11.6% | Reduced |
| Baring Fintech Manager Holding Ltd | 18,051,851 | $1.47B | 100.00% | 00.0% | Unchanged |
| Park West Asset Management LLC | 0 | $0 | 0.00% | −290,028−100.0% | Sold out |
| Capital International Inc | 0 | $0 | 0.00% | −143,124−100.0% | Sold out |
| Comgest Global Investors S.A.S. | 0 | $0 | 0.00% | −128,126−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −28,637−100.0% | Sold out |
| Amitell Capital Pte Ltd | 0 | $0 | 0.00% | −27,443−100.0% | Sold out |
| Deutsche Bank AG | 0 | $0 | 0.00% | −11,500−100.0% | Sold out |
| M&T Bank Corp | 0 | $0 | 0.00% | −9,812−100.0% | Sold out |
| Capital International Sarl | 0 | $0 | 0.00% | −8,601−100.0% | Sold out |
| Aviva PLC | 0 | $0 | 0.00% | −8,385−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −5,924−100.0% | Sold out |
| Altshuler Shaham Ltd | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Daiwa Securities Group Inc. | 0 | $0 | 0.00% | −2,774−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −1,075−100.0% | Sold out |
| Ridgewood Investments LLC | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| Nomura Asset Management Co Ltd | 0 | $0 | 0.00% | −868−100.0% | Sold out |