Macquarie Group’s Kaspi.kz JSC KSPI Stock Holding History

Macquarie Group’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	-45,171	Closed	-$3.69M	–	1202
2025 Q3	$3.69M	Sell	45,171 -1,477	-3%	-$129K	﹤0.01%	1011
2025 Q2	$3.96M	Buy	46,648 +5,530	+13%	+$472K	﹤0.01%	1033
2025 Q1	$3.82M	Buy	41,118 +10,886	+36%	+$1.07M	﹤0.01%	1045
2024 Q4	$2.86M	Sell	30,232 -962	-3%	-$103K	﹤0.01%	1081
2024 Q3	$3.31M	Buy	+31,194	New	+$3.87M	﹤0.01%	1073

Other funds holding KSPI

BFMH

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

BFFIM

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

BDP

Brehaut David Pascal $1.06B AUM

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

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

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

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

SCA

Southpoint Capital Advisors New York $4.4B AUM 49.36% 1-Year Est. Return

Macquarie Group's KSPI Position: Q4 2025 in Review

Macquarie Group sold out of Kaspi.kz JSC (KSPI) in Q4 2025, closing a stake of 45,171 shares — an estimated $3.69M sold.

Macquarie Group first reported a position in KSPI in Q3 2024 and held it in 5 quarters. The position peaked at $3.96M in Q2 2025. 175 funds tracked by Wall St. Rank hold KSPI as of Q4 2025.

Macquarie Group reported no remaining Kaspi.kz JSC position as of Q4 2025 after selling out during the quarter.
Macquarie Group sold 45,171 Kaspi.kz JSC shares in Q4 2025, an estimated $3.69M.
Macquarie Group first reported a position in Kaspi.kz JSC in Q3 2024 and held it in 5 quarters.
Macquarie Group's Kaspi.kz JSC position peaked at $3.96M in Q2 2025.
175 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q4 2025.

Based on Macquarie Group's 13F filing for Q4 2025, filed 13 Feb 2026.