Kerrisdale Advisers’s Kaspi.kz JSC KSPI Stock Holding History

Kerrisdale Advisers’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	$1.18M	Hold	13,665	–	–	0.3%	69
2026 Q1	$1.01M	Hold	13,665	–	–	0.39%	61
2025 Q4	$1.07M	Hold	13,665	–	–	0.5%	44
2025 Q3	$1.12M	Buy	13,665 +2,615	+24%	+$229K	0.58%	42
2025 Q2	$938K	Buy	11,050 +8,450	+325%	+$721K	0.49%	37
2025 Q1	$241K	Buy	+2,600	New	+$255K	0.1%	72

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

Kerrisdale Advisers's KSPI Position: Q2 2026 in Review

Kerrisdale Advisers held its Kaspi.kz JSC (KSPI) position steady in Q2 2026 at 13,665 shares worth $1.18M. The position accounts for 0.3% of the portfolio, ranked #69.

Kerrisdale Advisers first reported a position in KSPI in Q1 2025 and has held it in 6 quarters since. 206 funds tracked by Wall St. Rank hold KSPI as of Q2 2026.

Kerrisdale Advisers held 13,665 shares of Kaspi.kz JSC worth $1.18M as of Q2 2026.
Kerrisdale Advisers left its Kaspi.kz JSC share count unchanged in Q2 2026.
Kaspi.kz JSC made up 0.3% of Kerrisdale Advisers's portfolio in Q2 2026, its #69 holding.
Kerrisdale Advisers first reported a position in Kaspi.kz JSC in Q1 2025 and has held it in 6 quarters since.
206 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q2 2026.

Based on Kerrisdale Advisers's 13F filing for Q2 2026, filed 14 Aug 2026.