VR Advisory Services’s Kaspi.kz JSC KSPI Stock Holding History

VR Advisory Services’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	$79.8M	Hold	1,077,369	–	–	9.44%	2
2025 Q4	$84.2M	Hold	1,077,369	–	–	13.32%	3
2025 Q3	$88M	Hold	1,077,369	–	–	21.34%	1
2025 Q2	$91.5M	Buy	1,077,369 +121,907	+13%	+$10.4M	24.38%	2
2025 Q1	$88.7M	Buy	955,462 +119,299	+14%	+$11.7M	23.14%	2
2024 Q4	$79.2M	Buy	836,163 +101,955	+14%	+$10.9M	19.79%	2
2024 Q3	$77.8M	Buy	734,208 +254,864	+53%	+$31.7M	26.81%	1
2024 Q2	$61.8M	Buy	+479,344	New	+$58.8M	24.98%	1

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

VR Advisory Services's KSPI Position: Q1 2026 in Review

VR Advisory Services held its Kaspi.kz JSC (KSPI) position steady in Q1 2026 at 1,077,369 shares worth $79.8M. The position accounts for 9.44% of the portfolio, ranked #2.

VR Advisory Services first reported a position in KSPI in Q2 2024 and has held it in 8 quarters since. The position peaked at $91.5M in Q2 2025. 165 funds tracked by Wall St. Rank hold KSPI as of Q1 2026.

VR Advisory Services held 1,077,369 shares of Kaspi.kz JSC worth $79.8M as of Q1 2026.
VR Advisory Services left its Kaspi.kz JSC share count unchanged in Q1 2026.
Kaspi.kz JSC made up 9.44% of VR Advisory Services's portfolio in Q1 2026, its #2 holding.
VR Advisory Services first reported a position in Kaspi.kz JSC in Q2 2024 and has held it in 8 quarters since.
VR Advisory Services's Kaspi.kz JSC position peaked at $91.5M in Q2 2025.
165 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q1 2026.

Based on VR Advisory Services's 13F filing for Q1 2026, filed 15 May 2026.