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

Marex 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
2026 Q1	$40.6M	Buy	+548,294	New	+$41.4M	0.26%	83
2025 Q2	–	Sell	-130,303	Closed	-$12.1M	–	814
2025 Q1	$12.1M	Sell	130,303 -51,527	-28%	-$5.05M	0.23%	65
2024 Q4	$17.2M	Hold	181,830	–	–	0.29%	59
2024 Q3	$19.3M	Buy	181,830 +74,030	+69%	+$9.19M	0.44%	54
2024 Q2	$13.9M	Sell	107,800 -12,830	-11%	-$1.57M	0.37%	55
2024 Q1	$15.5M	Buy	+120,630	New	+$12.3M	0.5%	43

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

Marex Group's KSPI Position: Q1 2026 in Review

Marex Group opened a new position in Kaspi.kz JSC (KSPI) in Q1 2026: 548,294 shares worth $40.6M. The stake represents 0.26% of the portfolio and ranks #83 among its holdings. This is a return to the name: Marex Group previously reported a position in KSPI as recently as Q1 2025.

Marex Group first reported a position in KSPI in Q1 2024 and has held it in 6 quarters since. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

Marex Group held 548,294 shares of Kaspi.kz JSC worth $40.6M as of Q1 2026.
Kaspi.kz JSC was a new Marex Group position in Q1 2026.
Kaspi.kz JSC made up 0.26% of Marex Group's portfolio in Q1 2026, its #83 holding.
Marex Group first reported a position in Kaspi.kz JSC in Q1 2024 and has held it in 6 quarters since.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on Marex Group's 13F filing for Q1 2026, filed 13 May 2026.