Carrhae Capital’s Kaspi.kz JSC KSPI Stock Holding History

Carrhae Capital’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	–	Sell	-50,668	Closed	-$3.96M	–	38
2025 Q4	$3.96M	Buy	+50,668	New	+$3.83M	0.15%	34

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

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 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

Carrhae Capital's KSPI Position: Q1 2026 in Review

Carrhae Capital sold out of Kaspi.kz JSC (KSPI) in Q1 2026, closing a stake of 50,668 shares — an estimated $3.96M sold.

Carrhae Capital first reported a position in KSPI in Q4 2025 and held it in 1 quarter. The position peaked at $3.96M in Q4 2025. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

Carrhae Capital reported no remaining Kaspi.kz JSC position as of Q1 2026 after selling out during the quarter.
Carrhae Capital sold 50,668 Kaspi.kz JSC shares in Q1 2026, an estimated $3.96M.
Carrhae Capital first reported a position in Kaspi.kz JSC in Q4 2025 and held it in 1 quarter.
Carrhae Capital's Kaspi.kz JSC position peaked at $3.96M in Q4 2025.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on Carrhae Capital's 13F filing for Q1 2026, filed 14 May 2026.