Park West Asset Management’s Kaspi.kz JSC KSPI Stock Holding History

Park West Asset Management’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 Q3	–	Sell	-290,028	Closed	-$24.6M	–	52
2025 Q2	$24.6M	Sell	290,028 -230,636	-44%	-$19.7M	1.86%	27
2025 Q1	$48.3M	Buy	520,664 +123,378	+31%	+$12.1M	3.91%	5
2024 Q4	$37.6M	Buy	397,286 +176,358	+80%	+$18.9M	3.02%	14
2024 Q3	$23.4M	Buy	220,928 +104,633	+90%	+$13M	1.68%	24
2024 Q2	$15M	Buy	116,295 +63,295	+119%	+$7.76M	1.1%	33
2024 Q1	$6.82M	Buy	+53,000	New	+$5.42M	0.48%	35

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

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

SCA

Southpoint Capital Advisors New York $4.86B AUM 34.09% 1-Year Est. Return

Samlyn Capital New York $5.86B AUM 36.3% 1-Year Est. Return

Park West Asset Management's KSPI Position: Q3 2025 in Review

Park West Asset Management sold out of Kaspi.kz JSC (KSPI) in Q3 2025, closing a stake of 290,028 shares — an estimated $24.6M sold.

Park West Asset Management first reported a position in KSPI in Q1 2024 and held it in 6 quarters. The position peaked at $48.3M in Q1 2025. 185 funds tracked by Wall St. Rank hold KSPI as of Q3 2025.

Park West Asset Management reported no remaining Kaspi.kz JSC position as of Q3 2025 after selling out during the quarter.
Park West Asset Management sold 290,028 Kaspi.kz JSC shares in Q3 2025, an estimated $24.6M.
Park West Asset Management first reported a position in Kaspi.kz JSC in Q1 2024 and held it in 6 quarters.
Park West Asset Management's Kaspi.kz JSC position peaked at $48.3M in Q1 2025.
185 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q3 2025.

Based on Park West Asset Management's 13F filing for Q3 2025, filed 14 Nov 2025.