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 2026
Institutional positions in Joint Stock Co Kaspi.kz as of Mar 31, 2026. 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
- 167
- −6 vs. Q4 2025
- Shares held
- 84.7M
- −682.2K (−0.8%) vs. Q4 2025
- Total value
- $6.27B
- −$398.5M (−6.0%) vs. Q4 2025
- New holders
- 21
- 66 more added
- Sold out
- 27
- 60 more reduced
2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baring Fintech Manager Holding Ltd | 18,051,851 | $1.34B | 100.00% | 00.0% | Unchanged |
| Brehaut David Pascal | 12,257,305 | $907.9M | 100.00% | 00.0% | Unchanged |
| Baring Fintech Fund III Managers Ltd | 12,061,997 | $893.4M | 100.00% | −1,808,948−13.0% | Reduced |
| Baillie Gifford & Co | 5,123,207 | $379.5M | 0.39% | +450,124+9.6% | Added |
| FIL Ltd | 3,326,242 | $246.4M | 0.19% | +299,250+9.9% | Added |
| Pzena Investment Management LLC | 2,672,387 | $197.9M | 0.64% | −33,347−1.2% | Reduced |
| FMR LLC | 1,611,922 | $119.4M | 0.01% | −36,540−2.2% | Reduced |
| Sands Capital Management, LLC | 1,586,334 | $117.5M | 0.46% | −362,427−18.6% | Reduced |
| Schroder Investment Management Group | 1,566,285 | $116.0M | 0.10% | +62,387+4.1% | Added |
| Ameriprise Financial Inc | 1,115,936 | $82.7M | 0.02% | −48,071−4.1% | Reduced |
| VR Advisory Services Ltd | 1,077,369 | $79.8M | 9.44% | 00.0% | Unchanged |
| Samlyn Capital, LLC | 1,066,995 | $79.0M | 1.36% | +7,804+0.7% | Added |
| BlackRock, Inc. | 1,039,574 | $77.0M | 0.00% | +366,360+54.4% | Added |
| Capital World Investors | 1,028,574 | $76.2M | 0.01% | +457,871+80.2% | Added |
| Southpoint Capital Advisors LP | 1,000,000 | $74.1M | 1.52% | −500,000−33.3% | Reduced |
| Coronation Fund Managers Ltd. | 865,750 | $64.1M | 2.92% | −124,873−12.6% | Reduced |
| Brandes Investment Partners, LP | 744,099 | $55.1M | 0.39% | +186,028+33.3% | Added |
| Polar Capital Holdings Plc | 668,339 | $49.5M | 0.22% | +21,122+3.3% | Added |
| Greenvale Capital LLP | 650,000 | $48.1M | 5.28% | 00.0% | Unchanged |
| Wellington Management Group LLP | 645,828 | $47.8M | 0.01% | −34,388−5.1% | Reduced |
| Cat Rock Capital Management LP | 631,001 | $46.7M | 7.26% | −14,000−2.2% | Reduced |
| Ranmore Fund Management Ltd | 620,000 | $45.9M | 6.07% | +167,442+37.0% | Added |
| Goldman Sachs Group Inc | 617,739 | $45.8M | 0.01% | +196,022+46.5% | Added |
| Morgan Stanley | 590,487 | $43.7M | 0.00% | +305,349+107.1% | Added |
| Standard Life Aberdeen plc | 582,947 | $43.2M | 0.07% | −38,392−6.2% | Reduced |
| North of South Capital LLP | 569,681 | $42.2M | 3.79% | +551,444+3,023.8% | Added |
| WCM Investment Management, LLC | 571,412 | $41.3M | 0.09% | +323,326+130.3% | Added |
| Marex Group plc | 548,294 | $40.6M | 0.42% | +548,294 | New |
| Bank of America Corp | 524,368 | $38.8M | 0.00% | +178,780+51.7% | Added |
| Gemsstock Limited | 509,147 | $37.7M | 3.97% | +320,885+170.4% | Added |
| UBS Group AG | 475,462 | $35.2M | 0.01% | +409,725+623.3% | Added |
| 683 Capital Management, LLC | 475,000 | $35.2M | 3.26% | +210,000+79.2% | Added |
| First Beijing Investment Ltd | 434,350 | $32.2M | 1.39% | +321,962+286.5% | Added |
| Mondrian Investment Partners LTD | 432,689 | $32.0M | 0.55% | −58,657−11.9% | Reduced |
| Untitled Investments LP | 393,770 | $29.2M | 10.86% | −2,270−0.6% | Reduced |
| Artisan Partners Limited Partnership | 386,095 | $28.6M | 0.05% | +33,101+9.4% | Added |
| Brightlight Capital Management LP | 371,235 | $27.5M | 27.12% | −60,765−14.1% | Reduced |
| Susquehanna International Group, LLP | 316,253 | $23.4M | 0.03% | +56,443+21.7% | Added |
| JPMorgan Chase & Co | 309,121 | $22.3M | 0.00% | +35,885+13.1% | Added |
| HSBC Holdings PLC | 299,636 | $22.3M | 0.01% | +32,654+12.2% | Added |
| Legal & General Group Plc | 248,952 | $18.4M | 0.00% | −56,702−18.6% | Reduced |
| Kora Management LP | 241,500 | $17.9M | 2.55% | +72,000+42.5% | Added |
| Southeastern Asset Management IncSuperinvestorSoutheastern Asset Management (Longleaf) | 240,628 | $17.8M | 0.88% | 00.0% | Unchanged |
| Carmignac Gestion | 224,528 | $16.6M | 0.26% | −4,442−1.9% | Reduced |
| Fiera Capital Corp | 217,339 | $16.1M | 0.06% | −117,839−35.2% | Reduced |
| Ninety One UK Ltd | 215,578 | $16.0M | 0.04% | +380+0.2% | Added |
| Russell Investments Group, Ltd. | 212,429 | $15.7M | 0.02% | +26,109+14.0% | Added |
| Dodge & Cox | 210,226 | $15.6M | 0.01% | +26,500+14.4% | Added |
| SEI Investments Co | 201,323 | $14.9M | 0.01% | +32,122+19.0% | Added |
| State of New Jersey Common Pension Fund D | 197,147 | $14.6M | 0.06% | 00.0% | Unchanged |
| Franklin Resources Inc | 194,774 | $14.4M | 0.00% | +2,662+1.4% | Added |
| Generali Investments CEE, investicni spolecnost, a.s. | 187,568 | $13.9M | 0.73% | −3,205−1.7% | Reduced |
| Cape Ann Asset Management Ltd | 175,512 | $13.0M | 2.95% | +412+0.2% | Added |
| Geode Capital Management, LLC | 169,581 | $12.6M | 0.00% | +2,235+1.3% | Added |
| Nikko Asset Management Americas, Inc. | 161,316 | $12.0M | 0.17% | −134,153−45.4% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 161,316 | $11.9M | 0.01% | −134,153−45.4% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 157,317 | $11.7M | 0.03% | −162−0.1% | Reduced |
| BIT Capital GmbH | 156,848 | $11.6M | 0.65% | −857,256−84.5% | Reduced |
| Deutsche Bank AG | 155,687 | $11.5M | 0.00% | −179,223−53.5% | Reduced |
| Armor Advisors, L.L.C. | 141,080 | $10.4M | 11.64% | +10,000+7.6% | Added |
| Crawford Fund Management, LLC | 135,429 | $10.0M | 3.27% | +45,660+50.9% | Added |
| Bienville Capital Management, LLC | 134,849 | $9.99M | 1.90% | −142,786−51.4% | Reduced |
| Fairtree Asset Management (Pty) Ltd | 134,675 | $9.98M | 4.58% | −19,859−12.9% | Reduced |
| Harding Loevner LP | 118,947 | $8.81M | 0.09% | −4,062−3.3% | Reduced |
| Capricorn Fund Managers Ltd | 118,900 | $8.81M | 1.37% | +101,900+599.4% | Added |
| Lifetime Wealth Management P.C. | 117,329 | $8.69M | 4.94% | +7,329+6.7% | Added |
| Weiss Asset Management LP | 112,802 | $8.36M | 0.15% | 00.0% | Unchanged |
| Truffle Hound Capital, LLC | 110,000 | $8.15M | 4.99% | +25,000+29.4% | Added |
| Itau Unibanco Holding S.A. | 101,160 | $7.49M | 0.18% | +41,719+70.2% | Added |
| Barings LLC | 88,751 | $6.57M | 0.11% | +88,751 | New |
| Van Eck Associates Corp | 88,091 | $6.53M | 0.00% | −317−0.4% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 84,971 | $6.29M | 0.03% | −5,463−6.0% | Reduced |
| Public Employees Retirement System of Ohio | 80,639 | $5.97M | 0.02% | −86,486−51.7% | Reduced |
| ABS Direct Equity Fund LLC | 74,885 | $5.83M | 4.45% | +26,200+53.8% | Added |
| Mawer Investment Management Ltd. | 72,791 | $5.39M | 0.03% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 68,748 | $5.09M | 0.00% | −5,300−7.2% | Reduced |
| Exchange Traded Concepts, LLC | 66,883 | $4.95M | 0.04% | −4,972−6.9% | Reduced |
| Wexford Capital LP | 63,866 | $4.73M | 0.78% | +31,095+94.9% | Added |
| ARK Investment Management LLCSuperinvestorARK Invest | 62,632 | $4.64M | 0.04% | −71,056−53.2% | Reduced |
| BNP Paribas Arbitrage, SA | 56,959 | $4.22M | 0.00% | −3,685−6.1% | Reduced |
| Hyperion Capital Advisors LP | 55,810 | $4.13M | 1.99% | 00.0% | Unchanged |
| Evergreen Wealth Management, LLC | 51,073 | $3.78M | 1.95% | +8,681+20.5% | Added |
| Amundi | 50,282 | $3.72M | 0.00% | −1,227−2.4% | Reduced |
| Renaissance Capital LLC | 42,619 | $3.66M | 2.65% | −13,606−24.2% | Reduced |
| Jump Financial, LLC | 48,179 | $3.57M | 0.05% | −635−1.3% | Reduced |
| Robeco Institutional Asset Management B.V. | 45,000 | $3.33M | 0.00% | −20,000−30.8% | Reduced |
| Pictet Asset Management Holding SA | 44,343 | $3.28M | 0.00% | −3,465−7.2% | Reduced |
| Nomura Asset Management International Inc. | 41,275 | $3.06M | 0.01% | −2,291−5.3% | Reduced |
| Flax Pond Capital, LLC | 40,824 | $3.02M | 2.43% | +200+0.5% | Added |
| Norwood Investment Partners, LP | 36,416 | $2.70M | 4.15% | −11,330−23.7% | Reduced |
| Euro Pacific Asset Management, LLC | 31,680 | $2.37M | 0.23% | +31,680 | New |
| Dumac, Inc. | 31,510 | $2.33M | 0.28% | 00.0% | Unchanged |
| Eschler Asset Management LLP | 31,473 | $2.33M | 2.32% | +17,498+125.2% | Added |
| Militia Capital Management LLC | 30,300 | $2.24M | 0.50% | +30,300 | New |
| Eurizon Capital SGR S.p.A. | 29,316 | $2.17M | 0.01% | +2,758+10.4% | Added |
| Voloridge Investment Management, LLC | 26,256 | $1.94M | 0.01% | −109,954−80.7% | Reduced |
| Massar Capital Management, LP | 25,360 | $1.88M | 0.37% | 00.0% | Unchanged |
| US Bancorp | 24,648 | $1.83M | 0.00% | +24,648 | New |
| Federation des caisses Desjardins du Quebec | 23,743 | $1.76M | 0.01% | +5,944+33.4% | Added |
| M&T Bank Corp | 23,115 | $1.71M | 0.01% | 00.0% | Unchanged |