Who Owns Joint Stock Company Kaspi.kz (KSPI)?Hedge Fund & Institutional Holders

$68.61-2.51 (-3.53%)TechnologyNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$1.4103911083736956e+251T

% of Float Held

—

QoQ Change in Holders

+15 / -2

Price History

$70.59$85.03$99.48$113.93$128.37Sep 24Jun 25Mar 26

KSPI — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
Brehaut David PascalNew Position+12.3M+$957.7M
BAILLIE GIFFORD & CONew Position+4.7M+$365.1M
M&T BANK CORPNew Position+660K+$43.5M
Ranmore Fund Management LtdNew Position+453K+$35.4M
DEUTSCHE BANK AG\New Position+335K+$26.0M
Sumitomo Mitsui Trust Group, Inc.New Position+295K+$23.1M
683 Capital Management, LLCNew Position+265K+$20.7M
WCM INVESTMENT MANAGEMENT, LLCNew Position+248K+$19.6M
Ninety One UK LtdNew Position+215K+$16.8M
Kora Management LPNew Position+170K+$13.2M
First Beijing Investment LtdNew Position+112K+$8.8M
Pillsbury Lake Capital LLCNew Position+81K+$6.3M
Robeco Institutional Asset Management B.V.New Position+65K+$5.1M
Mawer Investment Management Ltd.New Position+73K+$5.0M
Renaissance Capital LLCNew Position+56K+$4.4M

KSPI — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
Baring Fintech Fund III Managers LtdDecreased-551K-$1.2T
FIL LtdDecreased-766K-$309.6B
FMR LLCDecreased-29K-$136.9B
SAMLYN CAPITAL, LLCDecreased-129K-$97.0B
GQG Partners LLCClosed Position-1.1M-$90.4B
Greenvale Capital LLPDecreased-330K-$80.0B
BlackRock, Inc.Decreased-207K-$71.9B
Aberdeen Group plcDecreased-158K-$63.4B
WELLINGTON MANAGEMENT GROUP LLPDecreased-62K-$60.6B
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPDecreased-74K-$47.2B
JANE STREET GROUP, LLCDecreased-502K-$43.3B
HSBC HOLDINGS PLCDecreased-230K-$40.6B
JPMORGAN CHASE & CODecreased-200K-$38.6B
Fiera Capital CorpDecreased-59K-$32.1B
ALLIANCEBERNSTEIN L.P.Closed Position-377K-$30.8B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1Baring Fintech Manager Holding Ltd18,051,851$1.4B100.00%Share
2Baring Fintech Fund III Managers Ltd13,870,945$1.1B100.00%Share
3Brehaut David Pascal12,257,305$957.7M100.00%Share
4BAILLIE GIFFORD & CO3,087,934$241.3M0.20%Share
5PZENA INVESTMENT MANAGEMENT LLC2,705,734$211.4M0.63%Share
6SANDS CAPITAL MANAGEMENT, LLC1,948,761$152.3M0.46%Share
7FIL Ltd1,799,956$140.0M0.10%Share
8Southpoint Capital Advisors LP1,500,000$117.2M2.72%Share
9SCHRODER INVESTMENT MANAGEMENT GROUP1,503,898$117.0M0.09%Share
10FMR LLC1,103,823$86.0M0.00%Share
11VR Advisory Services Ltd1,077,369$84.2M16.11%Share
12BIT Capital GmbH1,014,104$79.2M2.91%Share
13AMERIPRISE FINANCIAL INC785,912$61.0M0.01%Share
14BAILLIE GIFFORD & CO730,061$57.0M0.05%Share
15FIL Ltd731,209$57.0M0.04%Share
16Greenvale Capital LLP650,000$50.8M4.62%Share
17CAT ROCK CAPITAL MANAGEMENT LP645,001$50.4M7.23%Share
18Polar Capital Holdings Plc647,217$50.0M0.19%Share
19Coronation Fund Managers Ltd.619,162$48.4M2.17%Share
20BAILLIE GIFFORD & CO571,482$44.6M0.04%Share
21Capital World Investors570,703$44.0M0.01%Share
22M&T BANK CORP659,838$43.5M0.14%Share
23FMR LLC544,639$42.0M0.00%Share
24ARROWSTREET CAPITAL, LIMITED PARTNERSHIP504,533$39.0M0.02%Share
25Mondrian Investment Partners LTD491,346$38.4M0.63%Share
26FIL Ltd495,827$38.0M0.03%Share
27Ranmore Fund Management Ltd452,558$35.4M6.07%Share
28SAMLYN CAPITAL, LLC440,995$34.5M0.55%Share
29BRIGHTLIGHT CAPITAL MANAGEMENT LP432,000$33.8M24.00%Share
30BRANDES INVESTMENT PARTNERS, LP420,199$32.8M0.25%Share
31BlackRock, Inc.418,501$32.0M0.00%Share
32UNTITLED INVESTMENTS LP396,040$30.9M9.29%Share
33SAMLYN CAPITAL, LLC381,085$29.8M0.47%Share
34Coronation Fund Managers Ltd.371,461$29.0M1.30%Share
35AMERIPRISE FINANCIAL INC378,095$29.0M0.01%Share
36WELLINGTON MANAGEMENT GROUP LLP366,654$28.0M0.00%Share
37Artisan Partners Limited Partnership352,994$27.0M0.04%Share
38Aberdeen Group plc333,330$26.0M0.04%Share
39GOLDMAN SACHS GROUP INC339,360$26.0M0.00%Share
40DEUTSCHE BANK AG\334,910$26.0M0.01%Share
41Fiera Capital Corp322,066$25.0M0.08%Share
42BALYASNY ASSET MANAGEMENT L.P.319,737$24.0M0.03%Share
43Amova Asset Management Americas, Inc.295,469$23.1M0.27%Share
44Sumitomo Mitsui Trust Group, Inc.295,469$23.1M0.01%Share
45Legal & General Group Plc305,654$23.0M0.01%Share
46BAILLIE GIFFORD & CO283,456$22.1M0.02%Share
47Bienville Capital Management, LLC277,635$21.7M3.45%Share
48BANK OF AMERICA CORP /DE/275,433$21.0M0.00%Share
49683 Capital Management, LLC265,000$20.7M0.90%Share
50SUSQUEHANNA INTERNATIONAL GROUP, LLP259,810$20.0M0.00%Share

KSPI Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025169$6.6B+10
Q3 2025159$5.5T+27
Q2 2025132$2.8T-56
Q1 2025188$8.2T+21
Q4 2024167$58.0T+31
Q3 2024136$1562.0T+12
Q2 2024124$1438.4T+28
Q1 202496$1376.0T—

Similar Stocks by Institutional Ownership

NVDA

NVIDIA Corporation

AAPL

Apple Inc.

MSFT

Microsoft Corporation

TSM

Taiwan Semiconductor Manufacturing Company Limited

AVGO

Broadcom Inc.

ASML

ASML Holding N.V.

ORCL

Oracle Corporation

MU

Micron Technology, Inc.

As of Q4 2025, 50 institutional investors hold KSPI (Joint Stock Company Kaspi.kz). The largest holder is Baring Fintech Manager Holding Ltd with $1.4B in shares. This quarter, 15 institutions opened new positions and 2 closed their positions.

Frequently Asked Questions

How many hedge funds own KSPI?

As of Q4 2025, 50 institutional investors report holding KSPI (Joint Stock Company Kaspi.kz) in their 13F filings.

Who is the largest institutional holder of KSPI?

The largest institutional holder of KSPI is Baring Fintech Manager Holding Ltd with $1.4B in shares.

Is institutional ownership of KSPI increasing or decreasing?

This quarter, 15 institutions opened new positions in KSPI and 2 closed their positions.