GQG Partners
KSPI icon

GQG Partners’s Kaspi.kz JSC KSPI Stock Holding History

GQG Partners’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
2025
Q4 		– Sell
-1,107,143
Closed -$90.4M – 96
2025
Q3 		$90.4M Sell
1,107,143
-369,508
-25% -$32.4M 0.14% 53
2025
Q2 		$125M Sell
1,476,651
-253,512
-15% -$21.6M 0.18% 55
2025
Q1 		$161M Buy
1,730,163
+139,889
+9% +$13.7M 0.26% 48
2024
Q4 		$151M Sell
1,590,274
-393,888
-20% -$42.1M 0.22% 48
2024
Q3 		$210M Buy
1,984,162
+16,395
+0.8% +$2.04M 0.33% 49
2024
Q2 		$254M Sell
1,967,767
-1,679
-0.1% -$206K 0.38% 34
2024
Q1 		$253M Buy
+1,969,446
New +$202M 0.41% 33

Other funds holding KSPI

BFMH
Baring Fintech Manager Holding Castel, Guernsey $1.34B AUM 20.23% 1-Year Est. Return
BFFIM
Baring Fintech Fund III Managers St Peter Port, Guernsey $893M AUM 20.23% 1-Year Est. Return
BDP
Brehaut David Pascal $908M AUM
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return
Pzena Investment Management
Pzena Investment Management New York $30.8B AUM 11.29% 1-Year Est. Return
Sands Capital Management
Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Schroder Investment Management Group
Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return
SCA
Southpoint Capital Advisors New York $4.86B AUM 34.09% 1-Year Est. Return

GQG Partners's KSPI Position: Q4 2025 in Review

GQG Partners sold out of Kaspi.kz JSC (KSPI) in Q4 2025, closing a stake of 1,107,143 shares — an estimated $90.4M sold.

GQG Partners first reported a position in KSPI in Q1 2024 and held it in 7 quarters. The position peaked at $254M in Q2 2024. 174 funds tracked by Wall St. Rank hold KSPI as of Q4 2025.

  • GQG Partners reported no remaining Kaspi.kz JSC position as of Q4 2025 after selling out during the quarter.
  • GQG Partners sold 1,107,143 Kaspi.kz JSC shares in Q4 2025, an estimated $90.4M.
  • GQG Partners first reported a position in Kaspi.kz JSC in Q1 2024 and held it in 7 quarters.
  • GQG Partners's Kaspi.kz JSC position peaked at $254M in Q2 2024.
  • 174 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q4 2025.

Based on GQG Partners's 13F filing for Q4 2025, filed 13 Feb 2026.