Kaspi.kz JSC
KSPI
207 hedge funds and large institutions have $7.26B invested in Kaspi.kz JSC in 2026 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 66 increasing their positions, 61 reducing their positions, and 14 closing their positions.
293% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 14
24% more funds holding
Funds holding: 167 → 207 (+40)
18% more funds holding in top 10
Funds holding in top 10: 22 → 26 (+4)
16% more capital invested
Capital invested by funds: $6.27B → $7.26B (+$985M)
1.61% more ownership
Funds ownership: 42.45% → 44.06% (+1.6%)
8% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 61
64% less call options, than puts
Call options by funds: $14.3M | Put options by funds: $39.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$63.9M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$55.6M |
| 3 |
SC
Samlyn Capital
New York
|
+$36.6M |
| 4 |
NOSC
North of South Capital
London,
United Kingdom
|
+$35.4M |
| 5 |
Pzena Investment Management
New York
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFFIM
Baring Fintech Fund III Managers
St Peter Port,
Guernsey
|
-$420M |
| 2 |
BFMH
Baring Fintech Manager Holding
Castel,
Guernsey
|
-$112M |
| 3 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
-$46.7M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$33.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.8M |
KSPI Hedge Fund Activity: Q2 2026 in Review
207 of the 8,316 institutional investors tracked by Wall St. Rank reported a position in Kaspi.kz JSC (KSPI) for Q2 2026, worth a combined $7.26B — up 16% from $6.27B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new KSPI positions and 14 closed out — a net gain of 41 holders — while 66 added to existing stakes and 61 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $63.9M. The largest seller was Baring Fintech Fund III Managers, cutting an estimated $420M.
- 207 institutional investors held Kaspi.kz JSC (KSPI) as of Q2 2026, up from 167 in Q1 2026.
- Funds reported $7.26B of Kaspi.kz JSC stock for Q2 2026, up 16% quarter-over-quarter.
- 55 funds opened new Kaspi.kz JSC positions in Q2 2026 and 14 closed out, a net change of +41 holders.
- The largest Kaspi.kz JSC buyer in Q2 2026 was Schroder Investment Management Group, an estimated $63.9M added.
- The largest Kaspi.kz JSC seller in Q2 2026 was Baring Fintech Fund III Managers, an estimated $420M sold.
Based on aggregated 13F filings for Q2 2026.