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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, Q2 2026

Institutional positions in Joint Stock Co Kaspi.kz as of Jun 30, 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
205
+39 vs. Q1 2026
Shares held
83.7M
−633.9K (−0.8%) vs. Q1 2026
Total value
$7.25B
+$1.01B (+16.1%) vs. Q1 2026
New holders
54
66 more added
Sold out
15
60 more reduced

1 institution that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 205 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 heldQ2 2026: $7.25B
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, Q2 2026

Shares, value and share of portfolio for each institution holding Joint Stock Co Kaspi.kz; share changes are against Q1 2026.

Institutions holding KSPI in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Norwood Investment Partners, LP29,300$2.54M3.51%−7,116−19.5%Reduced
M&T Bank Corp26,914$2.33M0.01%+3,799+16.4%Added
US Bancorp24,424$2.12M0.00%−224−0.9%Reduced
Ariel Investments, LLC23,614$2.05M0.02%+890+3.9%Added
XTX Topco Ltd18,298$1.59M0.02%+18,298New
Empowered Funds, LLC17,026$1.48M0.01%+17,026New
UBS Asset Management Americas Inc16,456$1.43M0.00%+16,456New
Cloverfields Capital Group, LP16,226$1.41M0.43%−1,664−9.3%Reduced
Diversified Trust Co16,182$1.40M0.02%+1,577+10.8%Added
Antipodes Partners Ltd15,278$1.32M0.02%−299−1.9%Reduced
Point Nemo Capital, LLC14,167$1.23M0.62%+14,167New
Kerrisdale Advisers, LLC13,665$1.18M0.30%00.0%Unchanged
LPL Financial LLC12,825$1.11M0.00%+2,567+25.0%Added
Clear Harbor Asset Management, LLC12,750$1.10M0.07%−75−0.6%Reduced
Federation des caisses Desjardins du Quebec11,863$1.03M0.00%−11,880−50.0%Reduced
Jump Financial, LLC11,011$954.0K0.01%−37,168−77.1%Reduced
Axxion S.A.11,000$953.0K0.07%+11,000New
Lansforsakringar Fondforvaltning AB (publ)10,950$948.7K0.00%+10,950New
Royal Bank of Canada9,639$835.0K0.00%+964+11.1%Added
HighVista Strategies LLC9,400$814.4K0.19%+9,400New
Arrowstreet Capital, Limited Partnership9,136$791.5K0.00%+9,136New
Pavaki Capital Management LLC8,700$753.8K0.43%00.0%Unchanged
Vident Advisory, LLC8,249$714.7K0.01%−624−7.0%Reduced
Baader Bank INC7,700$667.1K0.05%+868+12.7%Added
LSV Asset Management7,500$650.0K0.00%00.0%Unchanged
Athena Wealth Management, LLC7,457$646.1K0.48%+2,567+52.5%Added
Savant Capital, LLC7,137$618.4K0.00%+4,094+134.5%Added
Commerce Bank7,095$614.7K0.00%00.0%Unchanged
State Street Corp7,017$608.0K0.00%−14,656−67.6%Reduced
CenterBook Partners LP6,586$570.6K0.03%+6,586New
Marshall Wace, LLP6,200$537.2K0.00%+1,586+34.4%Added
Fideuram Asset Management (Ireland) dac6,114$530.5K0.01%+6,114New
PEAK6 LLC6,107$529.1K0.01%+6,107New
Dynamic Technology Lab Private Ltd5,956$516.0K0.12%+1,706+40.1%Added
Insigneo Advisory Services, LLC5,860$507.7K0.02%+5,860New
Envestnet Asset Management Inc5,803$502.8K0.00%+1,351+30.3%Added
E. Ohman J:or Asset Management AB5,444$471.7K0.01%−1,215−18.2%Reduced
Neuberger Berman Group LLC5,442$471.5K0.00%+556+11.4%Added
Clear Street Markets LLC5,200$450.5K0.09%+5,200New
Corsair Capital Management, L.P.5,000$433.2K0.05%+5,000New
Lester Murray Antman dba SimplyRich4,970$430.0K0.10%+4,970New
Cresset Asset Management, LLC4,901$424.6K0.00%−16−0.3%Reduced
Virtu Financial LLC4,870$422.0K0.01%−9,233−65.5%Reduced
Leonteq Securities AG4,800$415.9K0.02%+4,800New
Simplex Trading, LLC4,267$369.7K0.01%+2,238+110.3%Added
Y-Intercept (Hong Kong) Ltd4,158$360.2K0.01%+4,158New
DV Trading LLC4,000$346.6K0.03%+4,000New
Ruane, Cunniff & Goldfarb L.P.3,934$340.8K0.01%−149−3.6%Reduced
Prelude Capital Management, LLC3,690$319.7K0.02%+3,690New
Pale Fire Capital SE3,600$311.9K0.02%00.0%Unchanged
Ingalls & Snyder LLC3,594$311.0K0.01%+20+0.6%Added
Capital Asset Advisory Services LLC3,324$288.0K0.01%+3,324New
Advisory Services Network, LLC3,287$284.8K0.00%+34+1.0%Added
Northern Trust Corp3,145$272.5K0.00%+3,145New
Atria Investments LLC3,083$267.1K0.00%+3,083New
Sanctuary Advisors, LLC3,076$266.5K0.00%+3,076New
Mariner, LLC3,066$265.6K0.00%+3,066New
Commonwealth Equity Services, LLC3,052$264.4K0.00%+3,052New
Sig Brokerage, LP3,045$263.8K0.04%+3,045New
Quinn Opportunity Partners LLC3,000$259.9K0.01%+3,000New
Axxcess Wealth Management, LLC2,597$225.0K0.00%+2,597New
Squarepoint Ops LLC2,471$214.1K0.00%+2,471New
Millennium Management LLC2,355$204.0K0.00%+2,355New
Barclays PLC2,310$200.1K0.00%+2,310New
Gsa Capital Partners LLP2,310$200.0K0.01%+2,310New
Bayforest Capital Ltd2,296$198.9K0.18%+2,296New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.2,158$187.0K0.00%−596−21.6%Reduced
Ramsey Quantitative Systems1,840$159.4K0.14%+1,840New
Natixis1,838$159.0K0.00%00.0%Unchanged
Dalal Street, LLCSuperinvestorPabrai Investment Funds1,702$147.5K0.05%+1,702New
Global Retirement Partners, LLC1,471$127.4K0.00%+1,471New
Citigroup Inc1,429$123.8K0.00%−2,959−67.4%Reduced
Acadian Asset Management LLC1,363$118.0K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.1,322$114.5K0.00%+439+49.7%Added
SG Americas Securities, LLC1,290$112.0K0.00%−2,099−61.9%Reduced
Group One Trading, L.P.1,082$93.7K0.00%+1,080+54,000.0%Added
Hantz Financial Services, Inc.962$83.0K0.00%−81−7.8%Reduced
FNY Investment Advisers, LLC789$68.0K0.02%+271+52.3%Added
Asset Management One Co.,Ltd.537$46.5K0.00%−112−17.3%Reduced
GAMMA Investing LLC470$40.7K0.00%+470New
Atlas Capital Advisors LLC469$40.6K0.00%+469New
Umb Bank N A391$33.9K0.00%+48+14.0%Added
Larson Financial Group LLC360$31.2K0.00%+238+195.1%Added
EverSource Wealth Advisors, LLC358$31.0K0.00%−143−28.5%Reduced
Farther Finance Advisors, LLC336$29.1K0.00%+149+79.7%Added
Silver Grove Financial Group, Inc.327$28.3K0.02%+327New
Rockefeller Capital Management L.P.295$25.6K0.00%+11+3.9%Added
National Bank of Canada247$21.4K0.00%−134−35.2%Reduced
The PNC Financial Services Group, Inc.226$19.6K0.00%+31+15.9%Added
Banque Transatlantique SA200$17.3K0.00%+200New
Advisor Group Holdings, Inc.189$16.4K0.00%+89+89.0%Added
SRS Capital Advisors, Inc.161$13.9K0.00%+161New
Elequin Capital LP138$12.0K0.00%+138New
Smartleaf Asset Management LLC122$10.7K0.00%00.0%Unchanged
WealthCollab, LLC75$6.50K0.00%+75New
Triumph Capital Management50$4.33K0.00%00.0%Unchanged
Jones Financial Companies LLLP35$3.11K0.00%00.0%Unchanged
Ramirez Asset Management, Inc.25$2.17K0.00%00.0%Unchanged
Allied Private Wealth LLC24$2.10K0.00%+24New
Bare Financial Services, Inc20$1.73K0.00%00.0%Unchanged