Baillie Gifford & Co’s Kaspi.kz JSC KSPI Stock Holding History

Baillie Gifford & Co’s Portfolio KSPI Stock Details KSPI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$379M	Buy	5,123,207 +450,124	+10%	+$34M	0.39%	55
2025 Q4	$365M	Sell	4,673,083 -112,902	-2%	-$8.53M	0.3%	65
2025 Q3	$391M	Sell	4,785,985 -245,229	-5%	-$21.5M	0.29%	62
2025 Q2	$427M	Sell	5,031,214 -228,819	-4%	-$19.5M	0.32%	57
2025 Q1	$488M	Buy	5,260,033 +768,529	+17%	+$75.3M	0.43%	48
2024 Q4	$425M	Sell	4,491,504 -157,980	-3%	-$16.9M	0.33%	57
2024 Q3	$493M	Buy	4,649,484 +1,305,625	+39%	+$162M	0.37%	57
2024 Q2	$431M	Buy	3,343,859 +2,196,646	+191%	+$269M	0.34%	59
2024 Q1	$148M	Buy	+1,147,213	New	+$117M	0.11%	108

Other funds holding KSPI

BFMH

Baring Fintech Manager Holding Castel, Guernsey $1.34B AUM 20.23% 1-Year Est. Return

BDP

Brehaut David Pascal $908M AUM

BFFIM

Baring Fintech Fund III Managers St Peter Port, Guernsey $893M AUM 20.23% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

VAS

VR Advisory Services Camana Bay, Grand Cayman, Cayman Islands $845M AUM 22.79% 1-Year Est. Return

Baillie Gifford & Co's KSPI Position: Q1 2026 in Review

Baillie Gifford & Co increased its Kaspi.kz JSC (KSPI) stake by 9.6% in Q1 2026, buying an estimated $34M and bringing the position to 5,123,207 shares worth $379M. The position accounts for 0.39% of the portfolio, ranked #55.

Baillie Gifford & Co first reported a position in KSPI in Q1 2024 and has held it in 9 quarters since. The position peaked at $493M in Q3 2024. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

Baillie Gifford & Co held 5,123,207 shares of Kaspi.kz JSC worth $379M as of Q1 2026.
Baillie Gifford & Co bought 450,124 Kaspi.kz JSC shares in Q1 2026, an estimated $34M.
Kaspi.kz JSC made up 0.39% of Baillie Gifford & Co's portfolio in Q1 2026, its #55 holding.
Baillie Gifford & Co first reported a position in Kaspi.kz JSC in Q1 2024 and has held it in 9 quarters since.
Baillie Gifford & Co's Kaspi.kz JSC position peaked at $493M in Q3 2024.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on Baillie Gifford & Co's 13F filing for Q1 2026, filed 8 May 2026.