Joint Stock Co Kaspi.kz - American depositary shares, no par value, each representing one common share of the Issuer, no par value ("ADSs") (KSPI)

CUSIP: 48581R205

Q4 2025 13F Holders as of 31 Dec 2025

Security type / class
Equity / American depositary shares, no par value, each representing one common share of the Issuer, no par value ("ADSs")
Total 13F shares
85,375,351
Total 13F value
$6,670,971,372
Holder snapshot 6 visible 7 signals
Share change
-1,267,036
Put/Call ratio
74%
SEC-reported price per share
$78.13
Number of holders
175
Value change
-$107,988,680
Number of buys
95
Open additional details 1 more signal available
Number of sells
94
Security identity Names, identifiers, and filing context for this profile. 1 source field
Shares outstanding
190,012,945

Security key

48581R205

Report period

Q4 2025

Institutions

175

Top holders

10

KSPI full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Previous quarter: Q3 2025 Joint Stock Co Kaspi.kz SEC filings Joint Stock Co Kaspi.kz company facts Joint Stock Co Kaspi.kz 13D/G history

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Ownership snapshot

Top reported holders of KSPI - Joint Stock Co Kaspi.kz - American depositary shares, no par value, each representing one common share of the Issuer, no par value ("ADSs") (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader
Vyacheslav Kim
Disclosed value leader
Vyacheslav Kim
Comparable rows
15/15
Latest evidence
31 Dec 2025
13D/G 13F Lead comparable stake: 21% 13D/G row: Vyacheslav Kim Showing 1-6 of 15 holder rows.

Quick read

Vyacheslav Kim leads the comparable SEC ownership view at 21%.

15 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Vyacheslav Kim's linked filing trail.
Comparable ownership Top 5
Vyacheslav Kim 21%
Asia Equity Partners Ltd 7.3%
European Investors Ltd 6.5%
Baring Fintech Manager Holding Ltd 9.5%
Baring Fintech Fund III Managers Ltd 7.6%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows
Holder Evidence Ownership % Position 12M Net Δ As of
Vyacheslav Kim
13D/G
13D/G
21%
$3,431,789,447
40,670,650 shares
 $0 30 Jun 2025
Asia Equity Partners Ltd
13D/G
Asia Equity Partners Limited
13D/G
7.3%
$1,155,449,718
13,870,945 shares
 -$203,011,346 31 Dec 2025
European Investors Ltd
13D/G
European Investors Limited
13D/G
6.5%
$1,083,300,616
12,257,305 shares
 $0 23 Apr 2025
Baring Fintech Manager Holding Ltd
13F
Company
13F
9.5%
$1,474,475,190
18,051,851 shares
 — 30 Sep 2025
Baring Fintech Fund III Managers Ltd
13F
Company
13F
7.6%
$1,178,011,177
14,422,272 shares
 — 30 Sep 2025
BAILLIE GIFFORD & CO
13F
Company
13F
2.5%
$390,919,255
4,785,985 shares
 — 30 Sep 2025
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions
175
Shares
85,375,351
Rows available
175
Investor Option Weight % Change % SEC-reported value * Price Shares Share Change Activity Report Period

* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders
185
Q4 2025 holders
175
Holder diff
-10
Investor Q3 2025 Shares Q4 2025 Shares Share Diff Share Chg % Q3 2025 value Q4 2025 value Value change Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
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