Pzena Investment Management’s Kaspi.kz JSC KSPI Stock Holding History

Pzena Investment 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
2026 Q1	$198M	Sell	2,672,387 -33,347	-1%	-$2.52M	0.64%	35
2025 Q4	$211M	Buy	2,705,734 +973,586	+56%	+$73.6M	0.63%	34
2025 Q3	$141M	Buy	1,732,148 +51,502	+3%	+$4.51M	0.46%	43
2025 Q2	$143M	Buy	1,680,646 +247,665	+17%	+$21.1M	0.46%	39
2025 Q1	$133M	Buy	1,432,981 +306,277	+27%	+$30M	0.46%	40
2024 Q4	$107M	Buy	1,126,704 +60,059	+6%	+$6.42M	0.36%	48
2024 Q3	$113M	Buy	1,066,645 +198,675	+23%	+$24.7M	0.36%	48
2024 Q2	$112M	Buy	+867,970	New	+$106M	0.39%	44

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

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

VAS

VR Advisory Services Camana Bay, Grand Cayman, Cayman Islands $845M AUM 22.79% 1-Year Est. Return

Pzena Investment Management's KSPI Position: Q1 2026 in Review

Pzena Investment Management reduced its Kaspi.kz JSC (KSPI) stake by 1.2% in Q1 2026, selling an estimated $2.52M and leaving 2,672,387 shares worth $198M. The position accounts for 0.64% of the portfolio, ranked #35.

Pzena Investment Management first reported a position in KSPI in Q2 2024 and has held it in 8 quarters since. The position peaked at $211M in Q4 2025. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

Pzena Investment Management held 2,672,387 shares of Kaspi.kz JSC worth $198M as of Q1 2026.
Pzena Investment Management sold 33,347 Kaspi.kz JSC shares in Q1 2026, an estimated $2.52M.
Kaspi.kz JSC made up 0.64% of Pzena Investment Management's portfolio in Q1 2026, its #35 holding.
Pzena Investment Management first reported a position in Kaspi.kz JSC in Q2 2024 and has held it in 8 quarters since.
Pzena Investment Management's Kaspi.kz JSC position peaked at $211M in Q4 2025.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on Pzena Investment Management's 13F filing for Q1 2026, filed 24 Apr 2026.