Cat Rock Capital Management’s Kaspi.kz JSC KSPI Stock Holding History

Cat Rock Capital Management’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	$46.7M	Sell	631,001 -14,000	-2%	-$1.06M	7.26%	7
2025 Q4	$50.4M	Hold	645,001	–	–	7.23%	5
2025 Q3	$52.7M	Sell	645,001 -183,510	-22%	-$16.1M	6.5%	4
2025 Q2	$70.3M	Sell	828,511 -185,300	-18%	-$15.8M	8.86%	3
2025 Q1	$94.1M	Sell	1,013,811 -11,000	-1%	-$1.08M	12.49%	3
2024 Q4	$97.1M	Sell	1,024,811 -313,022	-23%	-$33.5M	12.69%	2
2024 Q3	$142M	Buy	1,337,833 +1,408	+0.1%	+$175K	16.07%	2
2024 Q2	$172M	Hold	1,336,425	–	–	19.32%	2
2024 Q1	$172M	Buy	+1,336,425	New	+$137M	19.69%	2

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

Cat Rock Capital Management's KSPI Position: Q1 2026 in Review

Cat Rock Capital Management reduced its Kaspi.kz JSC (KSPI) stake by 2.2% in Q1 2026, selling an estimated $1.06M and leaving 631,001 shares worth $46.7M. The position accounts for 7.26% of the portfolio, ranked #7.

Cat Rock Capital Management first reported a position in KSPI in Q1 2024 and has held it in 9 quarters since. The position peaked at $172M in Q2 2024. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

Cat Rock Capital Management held 631,001 shares of Kaspi.kz JSC worth $46.7M as of Q1 2026.
Cat Rock Capital Management sold 14,000 Kaspi.kz JSC shares in Q1 2026, an estimated $1.06M.
Kaspi.kz JSC made up 7.26% of Cat Rock Capital Management's portfolio in Q1 2026, its #7 holding.
Cat Rock Capital Management first reported a position in Kaspi.kz JSC in Q1 2024 and has held it in 9 quarters since.
Cat Rock Capital Management's Kaspi.kz JSC position peaked at $172M in Q2 2024.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on Cat Rock Capital Management's 13F filing for Q1 2026, filed 15 May 2026.