Harding Loevner’s Kaspi.kz JSC KSPI Stock Holding History

Harding Loevner’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 Q2	$9.5M	Sell	109,630 -9,317	-8%	-$790K	0.09%	60
2026 Q1	$8.81M	Sell	118,947 -4,062	-3%	-$306K	0.09%	61
2025 Q4	$9.61M	Sell	123,009 -31,793	-21%	-$2.4M	0.08%	60
2025 Q3	$12.6M	Buy	154,802 +3,442	+2%	+$301K	0.09%	61
2025 Q2	$12.8M	Sell	151,360 -34,947	-19%	-$2.98M	0.09%	60
2025 Q1	$17.3M	Sell	186,307 -10,853	-6%	-$1.06M	0.13%	55
2024 Q4	$18.7M	Sell	197,160 -65,453	-25%	-$7M	0.13%	56
2024 Q3	$27.8M	Sell	262,613 -148,618	-36%	-$18.5M	0.16%	55
2024 Q2	$53.1M	Sell	411,231 -89,120	-18%	-$10.9M	0.29%	59
2024 Q1	$64.4M	Buy	+500,351	New	+$51.2M	0.4%	54

Other funds holding KSPI

BFMH

Baring Fintech Manager Holding Castel, Guernsey $1.45B AUM 2.06% 1-Year Est. Return

BDP

Brehaut David Pascal $1.06B AUM

BFFIM

Baring Fintech Fund III Managers St Peter Port, Guernsey $616M AUM 2.06% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

Spice Expeditions Westport, Connecticut $224M AUM

Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $26.9B AUM 34.44% 1-Year Est. Return

Harding Loevner's KSPI Position: Q2 2026 in Review

Harding Loevner reduced its Kaspi.kz JSC (KSPI) stake by 7.8% in Q2 2026, selling an estimated $790K and leaving 109,630 shares worth $9.5M. The position accounts for 0.09% of the portfolio, ranked #60.

Harding Loevner first reported a position in KSPI in Q1 2024 and has held it in 10 quarters since. The position peaked at $64.4M in Q1 2024. 207 funds tracked by Wall St. Rank hold KSPI as of Q2 2026.

Harding Loevner held 109,630 shares of Kaspi.kz JSC worth $9.5M as of Q2 2026.
Harding Loevner sold 9,317 Kaspi.kz JSC shares in Q2 2026, an estimated $790K.
Kaspi.kz JSC made up 0.09% of Harding Loevner's portfolio in Q2 2026, its #60 holding.
Harding Loevner first reported a position in Kaspi.kz JSC in Q1 2024 and has held it in 10 quarters since.
Harding Loevner's Kaspi.kz JSC position peaked at $64.4M in Q1 2024.
207 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q2 2026.

Based on Harding Loevner's 13F filing for Q2 2026, filed 14 Aug 2026.