JSC Kaspi.kz ADRKSPI
13F holders, Q1 2026 (March 31)167holders −8
19new positions
27sold out
3famous investors
$74.06avg. 13F price*
At the end of Q1 2026, 167 institutions reported holding JSC Kaspi.kz ADR (KSPI) in their 13F filings, down 8 from Q4 2025. 19 opened new positions and 27 sold out. The largest holders were Baring Fintech Manager Holding Ltd ($1.3B), Brehaut David Pascal ($907.9M) and Baring Fintech Fund III Managers Ltd ($893.4M). 3 famous investors held it, including Cathie Wood (0.0% of ARK Investment Management's portfolio), John W. Rogers Jr. (0.0% of Ariel Investments's portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).
- Company
- JSC Kaspi.kz ADR
- Filed as
- KASPI KZ JSC (Q1 2026)
- CUSIP
- 48581R205
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 19 | $58.6M |
| Exits | 27 | $143.7M |
All 13F filers, Q4 2025 → Q1 2026: 6,309,600 shares bought and 7,030,493 shares sold, net −720,893 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 167 holders
| Baring Fintech Manager Holding Ltd | 100.00% | No change | 18,051,851 | $1.3B |
| Brehaut David Pascal | 100.00% | No change | 12,257,305 | $907.9M |
| Baring Fintech Fund III Managers Ltd | 100.00% | Reduce -13.0% | 12,061,997 | $893.4M |
| Baillie Gifford & Co. | 0.39% | Add +9.6% | 5,123,207 | $379.5M |
| FIL Ltd | 0.19% | Add +9.9% | 3,326,242 | $246.4M |
| Pzena Investment Management LLC | 0.64% | Reduce -1.2% | 2,672,387 | $197.9M |
| FMR LLC | 0.01% | Reduce -2.2% | 1,611,922 | $119.4M |
| Sands Capital Management, LLC | 0.46% | Reduce -18.6% | 1,586,334 | $117.5M |
| Schroder Investment Management Group | 0.10% | Add +4.2% | 1,566,285 | $116.0M |
| Ameriprise Financial Inc. | 0.02% | Reduce -4.1% | 1,115,936 | $82.7M |
| VR Advisory Services Ltd | 9.45% | No change | 1,077,369 | $79.8M |
| Samlyn Capital, LLC | 1.36% | Add +0.7% | 1,066,995 | $79.0M |
| BlackRock, Inc. | 0.00% | Add +54.4% | 1,039,574 | $77.0M |
| Capital World Investors | 0.01% | Add +80.2% | 1,028,574 | $76.2M |
| Southpoint Capital Advisors LP | 1.52% | Reduce -33.3% | 1,000,000 | $74.1M |
| Coronation Fund Managers Ltd. | 2.92% | Reduce -12.6% | 865,750 | $64.1M |
| Brandes Investment Partners, LP | 0.39% | Add +33.3% | 744,099 | $55.1M |
| Polar Capital Holdings Plc | 0.22% | Add +3.3% | 668,339 | $49.5M |
| Greenvale Capital LLP | 5.28% | No change | 650,000 | $48.1M |
| Wellington Management Group LLP | 0.01% | Reduce -5.1% | 645,828 | $47.8M |
| Cat Rock Capital Management LP | 7.26% | Reduce -2.2% | 631,001 | $46.7M |
| Ranmore Fund Management Ltd | 6.07% | Add +37.0% | 620,000 | $45.9M |
| Goldman Sachs Group Inc. | 0.01% | Add +46.5% | 617,739 | $45.8M |
| Morgan Stanley | 0.00% | Add +107.1% | 590,487 | $43.7M |
| Aberdeen Group plc | 0.07% | Reduce -6.2% | 582,947 | $43.2M |
| North of South Capital LLP | 3.79% | Add +3023.8% | 569,681 | $42.2M |
| WCM Investment Management, LLC | 0.09% | Add +130.3% | 571,412 | $41.3M |
| Marex Group Ltd | 0.42% | New | 548,294 | $40.6M |
| Bank of America Corp. | 0.00% | Add +51.7% | 524,368 | $38.8M |
| Gemsstock Ltd. | 3.97% | Add +170.4% | 509,147 | $37.7M |
| UBS Group AG | 0.01% | Add +623.3% | 475,462 | $35.2M |
| 683 Capital Management, LLC | 3.44% | Add +79.3% | 475,000 | $35.2M |
| First Beijing Investment Ltd | 1.39% | Add +286.5% | 434,350 | $32.2M |
| Mondrian Investment Partners LTD | 0.48% | Reduce -11.9% | 432,689 | $32.0M |
| Untitled Investments LP | 10.86% | Reduce -0.6% | 393,770 | $29.2M |
| Artisan Partners Limited Partnership | 0.05% | Add +9.4% | 386,095 | $28.6M |
| Brightlight Capital Management LP | 27.12% | Reduce -14.1% | 371,235 | $27.5M |
| Susquehanna International Group, LLP | 0.03% | Add +21.7% | 316,253 | $23.4M |
| JPMorgan Chase & Co. | 0.00% | Add +13.1% | 309,121 | $22.3M |
| HSBC Holdings PLC | 0.01% | Add +12.2% | 299,636 | $22.3M |
| Legal & General Group Plc | 0.00% | Reduce -18.6% | 248,952 | $18.4M |
| Kora Management LP | 2.55% | Add +42.5% | 241,500 | $17.9M |
| Southeastern Asset Management Inc. | 0.88% | No change | 240,628 | $17.8M |
| Carmignac Gestion | 0.26% | Reduce -1.9% | 224,528 | $16.6M |
| Fiera Capital Corp | 0.06% | Reduce -35.2% | 217,339 | $16.1M |
| Ninety One UK Ltd | 0.04% | Add +0.2% | 215,578 | $16.0M |
| Russell Investments Group, Ltd. | 0.02% | Add +14.0% | 212,429 | $15.7M |
| Dodge & Cox | 0.01% | Add +14.4% | 210,226 | $15.6M |
| Sei Investments Co. | 0.01% | Add +19.0% | 201,323 | $14.9M |
| State of New Jersey Common Pension Fund D | 0.06% | No change | 197,147 | $14.6M |
| Franklin Resources Inc. | 0.00% | Add +1.4% | 194,774 | $14.4M |
| Generali Investments CEE, investicni spolecnost, a.s. | 0.73% | Reduce -1.7% | 187,568 | $13.9M |
| Cape Ann Asset Management Ltd | 2.95% | Add +0.2% | 175,512 | $13.0M |
| Geode Capital Management, LLC | 0.00% | Add +1.3% | 169,581 | $12.6M |
| Amova Asset Management Americas, Inc. | 0.17% | Reduce -45.4% | 161,316 | $12.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.01% | Reduce -45.4% | 161,316 | $11.9M |
| Kayne Anderson Rudnick Investment Management LLC | 0.03% | Reduce -0.1% | 157,317 | $11.7M |
| BIT Capital GmbH | 0.65% | Reduce -84.5% | 156,848 | $11.6M |
| Deutsche Bank AG | 0.00% | Reduce -53.5% | 155,687 | $11.5M |
| Armor Advisors, L.L.C. | 11.64% | Add +7.6% | 141,080 | $10.4M |
| Crawford Fund Management, LLC | 3.27% | Add +50.9% | 135,429 | $10.0M |
| Bienville Capital Management, LLC | 1.90% | Reduce -51.4% | 134,849 | $10.0M |
| Fairtree Asset Management (Pty) Ltd | 4.58% | Reduce -12.8% | 134,675 | $10.0M |
| Harding Loevner LP | 0.09% | Reduce -3.3% | 118,947 | $8.8M |
| Capricorn Fund Managers Ltd | 1.37% | Add +599.4% | 118,900 | $8.8M |
| Lifetime Wealth Management P.C. | 5.05% | Add +6.7% | 117,329 | $8.7M |
| Weiss Asset Management LP | 0.21% | No change | 112,802 | $8.4M |
| Truffle Hound Capital, LLC | 4.99% | Add +29.4% | 110,000 | $8.1M |
| Itau Unibanco Holding S.A. | 0.18% | Add +70.2% | 101,160 | $7.5M |
| Barings LLC | 0.11% | New | 88,751 | $6.6M |
| Van Eck Associates Corp. | 0.00% | Reduce -0.4% | 88,091 | $6.5M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.03% | Reduce -6.0% | 84,971 | $6.3M |
| Public Employees Retirement System of Ohio | 0.02% | Reduce -51.8% | 80,639 | $6.0M |
| ABS Direct Equity Fund LLC | 4.45% | Add +53.8% | 74,885 | $5.8M |
| Mawer Investment Management Ltd. | 0.03% | No change | 72,791 | $5.4M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -7.2% | 68,748 | $5.1M |
| Exchange Traded Concepts, LLC | 0.04% | Reduce -6.9% | 66,883 | $5.0M |
| Wexford Capital LP | 0.78% | Add +94.9% | 63,866 | $4.7M |
| ARK Investment Management | 0.04% | Reduce -53.1% | 62,632 | $4.6M |
| BNP Paribas Financial Markets | 0.00% | Reduce -6.1% | 56,959 | $4.2M |
| Hyperion Capital Advisors LP | 1.99% | No change | 55,810 | $4.1M |
| Evergreen Wealth Management, LLC | 1.95% | Add +20.5% | 51,073 | $3.8M |
| Amundi | 0.00% | Reduce -2.4% | 50,282 | $3.7M |
| Renaissance Capital LLC | 2.65% | Reduce -24.2% | 42,619 | $3.7M |
| Jump Financial, LLC | 0.06% | Reduce -1.3% | 48,179 | $3.6M |
| Robeco Institutional Asset Management B.V. | 0.00% | Reduce -30.8% | 45,000 | $3.3M |
| Pictet Asset Management Holding SA | 0.00% | Reduce -7.3% | 44,343 | $3.3M |
| Nomura Asset Management International Inc. | 0.01% | Reduce -5.3% | 41,275 | $3.1M |
| Flax Pond Capital, LLC | 2.43% | Add +0.5% | 40,824 | $3.0M |
| Norwood Investment Partners, LP | 4.15% | Reduce -23.7% | 36,416 | $2.7M |
| Euro Pacific Asset Management, LLC | 0.23% | New | 31,680 | $2.4M |
| Dumac, Inc. | 0.28% | No change | 31,510 | $2.3M |
| Eschler Asset Management LLP | 2.32% | Add +125.2% | 31,473 | $2.3M |
| Militia Capital Management LLC | 0.50% | — | 30,300 | $2.2M |
| Eurizon Capital SGR S.p.A. | 0.01% | Add +10.4% | 29,316 | $2.2M |
| Voloridge Investment Management, LLC | 0.01% | Reduce -80.7% | 26,256 | $1.9M |
| Massar Capital Management, LP | 0.38% | No change | 25,360 | $1.9M |
| US Bancorp \de | 0.00% | New | 24,648 | $1.8M |
| Federation des caisses Desjardins du Quebec | 0.01% | Add +33.4% | 23,743 | $1.8M |
| M&T Bank Corp | 0.01% | No change | 23,115 | $1.7M |
| Ariel Investments | 0.02% | Add +72.5% | 22,724 | $1.7M |
| State Street Corp. | 0.00% | Add +0.4% | 21,673 | $1.6M |
| Tidal Investments LLC | 0.00% | Reduce -40.1% | 20,139 | $1.5M |
| Cloverfields Capital Group, LP | 0.43% | New | 17,890 | $1.3M |
| Meitav Investment House Ltd. | 0.01% | New | 17,400 | $1.3M |
| ANTIPODES PARTNERS Ltd | 0.02% | Add +20.2% | 15,577 | $1.2M |
| Diversified Trust Co. | 0.02% | New | 14,605 | $1.1M |
| Virtu Financial LLC | 0.04% | Reduce -0.3% | 14,103 | $1.0M |
| Kerrisdale Advisers, LLC | 0.39% | No change | 13,665 | $1.0M |
| Clear Harbor Asset Management, LLC | 0.07% | New | 12,825 | $950K |
| IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd | 1.43% | Add +27.8% | 11,500 | $852K |
| LPL Financial LLC | 0.00% | Add +175.6% | 10,258 | $760K |
| Patriot Financial Group Insurance Agency, LLC | 0.04% | Add +129.8% | 8,954 | $663K |
| Vident Advisory, LLC | 0.01% | Add +23.4% | 8,873 | $657K |
| Pavaki Capital Management LLC | 0.45% | Add +85.1% | 8,700 | $644K |
| Royal Bank of Canada | 0.00% | Reduce -4.8% | 8,675 | $642K |
| Endure Capital Management, LLC | 0.43% | — | 8,400 | $622K |
| Point72 Asset Management | 0.00% | New | 7,776 | $576K |
| LSV Asset Management | 0.00% | No change | 7,500 | $556K |
| Commerce Bank | 0.00% | Add +25.0% | 7,095 | $526K |
| Global Endowment Management, LP | 0.06% | Add +13.5% | 6,915 | $512K |
| Baader Bank Aktiengesellschaft | 0.05% | Reduce -83.0% | 6,832 | $503K |
| E. Ohman J:or Asset Management AB | 0.01% | Reduce -20.9% | 6,659 | $493K |
| Corient Private Wealth LP | 0.00% | New | 6,567 | $486K |
| Aquatic Capital Management LLC | 0.01% | New | 5,696 | $422K |
| GAM Holding AG | 0.03% | Reduce -66.7% | 5,000 | $370K |
| Cresset Asset Management, LLC | 0.00% | Reduce -0.3% | 4,917 | $364K |
| Athena Wealth Management, LLC | 0.30% | Add +9.7% | 4,890 | $362K |
| Neuberger Berman Group LLC | 0.00% | No change | 4,886 | $362K |
| Marshall Wace, LLP | 0.00% | Reduce -54.2% | 4,614 | $342K |
| Envestnet Asset Management Inc. | 0.00% | Add +72.4% | 4,452 | $330K |
| Citigroup Inc. | 0.00% | Reduce -4.1% | 4,388 | $325K |
| Dynamic Technology Lab Private Ltd | 0.05% | New | 4,250 | $315K |
| Ruane, Cunniff & Goldfarb L.P. | 0.01% | Reduce -0.7% | 4,083 | $302K |
| Pale Fire Capital SE | 0.02% | New | 3,600 | $267K |
| Ingalls & Snyder LLC | 0.01% | New | 3,574 | $265K |
| SG Americas Securities, LLC | 0.00% | Reduce -13.5% | 3,389 | $251K |
| Advisory Services Network, LLC | 0.00% | Reduce -14.1% | 3,253 | $241K |
| Savant Capital, LLC | 0.00% | New | 3,043 | $225K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | Reduce -1.8% | 2,754 | $204K |
| Simplex Trading, LLC | 0.00% | Reduce -43.7% | 2,029 | $150K |
| Natixis | 0.00% | No change | 1,838 | $134K |
| Acadian Asset Management LLC | 0.00% | Reduce -82.4% | 1,363 | $100K |
| Hantz Financial Services, Inc. | 0.00% | Reduce -37.8% | 1,043 | $77K |
| Blue Trust, Inc. | 0.00% | Reduce -31.6% | 883 | $65K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +27.2% | 822 | $61K |
| Asset Management One Co., Ltd. | 0.00% | Reduce -39.7% | 649 | $48K |
| Caitong International Asset Management Co., Ltd | 0.01% | Reduce -50.6% | 564 | $42K |
| FNY Investment Advisers, LLC | 0.02% | New | 518 | $38K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +2683.3% | 501 | $37K |
| National Bank of Canada | 0.00% | Add +0.5% | 381 | $28K |
| UMB Bank, n.a. | 0.00% | Add +44.7% | 343 | $25K |
| Rockefeller Capital Management L.P. | 0.00% | Add +7000.0% | 284 | $21K |
| Wells Fargo & Company | 0.00% | Add +35.6% | 259 | $19K |
| PNC Financial Services Group, Inc. | 0.00% | Add +45.5% | 195 | $14K |
| Farther Finance Advisors, LLC | 0.00% | Add +74.8% | 187 | $14K |
| Larson Financial Group LLC | 0.00% | New | 122 | $9K |
| Smartleaf Asset Management LLC | 0.00% | Add +281.3% | 122 | $9K |
| Osaic Holdings, Inc. | 0.00% | Add +35.1% | 100 | $7K |
| Triumph Capital Management | 0.00% | No change | 50 | $4K |
| Jones Financial Companies LLLP | 0.00% | No change | 35 | $2K |
| Ramirez Asset Management, Inc. | 0.00% | No change | 25 | $2K |
| Bare Financial Services, Inc | 0.00% | New | 20 | $1K |
| Private Trust Co. NA | 0.00% | No change | 16 | $1K |
| Stone House Investment Management, LLC | 0.00% | New | 13 | $963 |
| Lanark Financial, Inc. | 0.00% | Add +25.0% | 10 | $740 |
| Group One Trading LLC | 0.00% | Reduce -99.6% | 2 | $148 |
"% of holder's portfolio" is KSPI's weight in each manager's 13F, not the share of JSC Kaspi.kz ADR the manager owns.