Joint Stock Company Kaspi.kz (KSPI) Ownership

NASDAQ: KSPITop holders, insider trades and short interest.

KSPI ownership summary

as of October 17, 2026
Institutions
47.6%
of shares outstanding
Insiders
20.38%
of shares outstanding
Shares outstanding
190.0M
Float
104.5M
shares available to trade
Short interest
0.81%
826K shares short
Days to cover
1.39
short interest down 2.9% vs prior month
  • Institutions 47.59%
  • Insiders 20.38%
  • Other investors 32.03%

KSPI top institutional holders

20 largest
Joint Stock Company Kaspi.kz top institutional holders
#Holder% of sharesSharesValueChangeReported
1Brehaut David Pascal6.45%12.3M$1.14B—June 30, 2026
2Baillie Gifford & Co Limited.3.04%5.8M$538.5M+655,961 (+12.8%)June 30, 2026
3Fidelity International Ltd1.91%3.6M$338.8M+309,616 (+9.3%)June 30, 2026
4Pzena Investment Management, LLC1.62%3.1M$286.2M+399,501 (+14.9%)June 30, 2026
5Spice Expeditions, LP1.36%2.6M$240.8M+2.6M (0.0%)June 30, 2026
6Schroder Investment Management Group1.22%2.3M$216.1M+753,135 (+48.1%)June 30, 2026
7FMR Inc1.04%2.0M$184.8M+371,088 (+23.0%)June 30, 2026
8Sands Capital Management, LLC0.81%1.5M$142.7M−55,317 (−3.5%)June 30, 2026
9Samlyn Capital, LLC0.79%1.5M$139.6M+431,337 (+40.4%)June 30, 2026
10Capital World Investors0.60%1.1M$106.6M+115,124 (+11.2%)June 30, 2026
11Ameriprise Financial Inc0.59%1.1M$104.1M+1,031 (+0.1%)June 30, 2026
12BlackRock Inc0.57%1.1M$101.2M+46,210 (+4.4%)June 30, 2026
13VR Advisory Services Ltd0.55%1.0M$97.8M−27,370 (−2.5%)June 30, 2026
14North of South Capital LLP0.52%987K$92.0M+417,709 (+73.3%)June 30, 2026
15Brandes Investment Partners & Co0.44%834K$77.7M+89,570 (+12.0%)June 30, 2026
16Coronation Fund Managers Ltd0.43%815K$75.9M−50,967 (−5.9%)June 30, 2026
17Wellington Management Company LLP0.40%760K$70.8M+113,975 (+17.6%)June 30, 2026
18Polar Capital Holdings PLC0.35%673K$62.7M+4,919 (+0.7%)June 30, 2026
19Greenvale Capital LLP0.35%666K$62.0M+15,590 (+2.4%)June 30, 2026
20WCM Investment Management0.35%656K$61.2M+84,998 (+14.9%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 16 holders added 6.4M shares and 3 cut 134K.

KSPI top mutual fund and ETF holders

20 largest
Joint Stock Company Kaspi.kz top fund holders
#Holder% of sharesSharesValueChangeReported
1Fidelity Emerging Markets0.68%1.3M$120.9M—August 31, 2026
2Strategic Advisers Fidelity Em Mkts0.60%1.1M$106.3M−60,759 (−5.1%)August 31, 2026
3American Funds New World A0.53%1.0M$93.6M+87,906 (+9.6%)June 30, 2026
4Pzena Emerging Markets Value Instl0.49%936K$87.2M—August 31, 2026
5Baillie Gifford Pacific B Inc0.45%848K$79.0M+9,446 (+1.1%)August 31, 2026
6Coeli Frontier Markets I SEK0.38%716K$66.7M+357,826 (+100.0%)June 30, 2026
7Trigon New Europe D EUR0.36%679K$63.3M+77,240 (+12.8%)June 30, 2026
8Schroder ISF Emerging Europe C Acc EUR0.34%653K$60.8M—August 31, 2026
9Touchstone Sands Cptl Emerg Mkts Gr Inst0.34%652K$60.7M−21,885 (−3.2%)September 30, 2026
10Fidelity Emerging Markets A-DIST-USD0.34%650K$60.5M−55,608 (−7.9%)August 31, 2026
11Schroder ISF Glb Em Mkt Opps C Acc USD0.33%630K$58.7M—August 31, 2026
12Ranmore Global Equity Investor USD0.33%620K$57.8M—June 30, 2026
13BSF Emerging Markets Eq Strats Z2 USD0.28%531K$49.5M—August 31, 2026
14Polar Capital Em Mkts Stars S Acc0.27%522K$48.7M—August 31, 2026
15Baillie Gifford Emerging Markets Eqs 50.27%505K$47.0M—June 30, 2026
16Schroder ISF Frntr Mkts Eq C Acc USD0.24%461K$43.0M+74,239 (+19.2%)September 30, 2026
17Sands Capital Emerg Mkts Gth A USD Acc0.24%447K$41.7M−44,755 (−9.1%)August 31, 2026
18Columbia Overseas Value Inst0.23%432K$40.3M−7,036 (−1.6%)August 31, 2026
19Eaton Vance Emerg & Frntr Countrs Eq I0.21%401K$37.3M—August 31, 2026
20Fidelity Special Situations0.21%399K$37.2M—August 31, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

KSPI shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns KSPI

Institutional investors own 47.6% of Joint Stock Company Kaspi.kz's shares and insiders 20.38%. The largest holder is Brehaut David Pascal with 6.45% of the shares (12.3M), as of June 30, 2026. Among the top 20 institutions, 16 added shares and 3 reduced their stake in the latest filings. Short interest is 0.81% of the float, or 1.39 days of average trading volume. The share count fell 2.1% since 2022.

Related: KSPI analyst forecast, KSPI key metrics. See the KSPI stock overview for the latest quote and news.

KSPI ownership FAQ

Who owns the most Joint Stock Company Kaspi.kz stock?

The largest shareholders of Joint Stock Company Kaspi.kz are Brehaut David Pascal (6.45%), Baillie Gifford & Co Limited. (3.04%), Fidelity International Ltd (1.91%), Pzena Investment Management, LLC (1.62%), Spice Expeditions, LP (1.36%).

What percentage of Joint Stock Company Kaspi.kz is owned by institutions?

Institutions hold 47.6% of Joint Stock Company Kaspi.kz's shares outstanding; insiders hold 20.38%.

Which funds own Joint Stock Company Kaspi.kz?

The largest fund holders of Joint Stock Company Kaspi.kz are Fidelity Emerging Markets (0.68%), Strategic Advisers Fidelity Em Mkts (0.60%), American Funds New World A (0.53%), Pzena Emerging Markets Value Instl (0.49%), Baillie Gifford Pacific B Inc (0.45%).

What is Joint Stock Company Kaspi.kz's short interest?

826K shares of Joint Stock Company Kaspi.kz were sold short, 0.81% of the float; at the average daily volume it would take 1.39 days to cover.

How many shares of Joint Stock Company Kaspi.kz are outstanding?

Joint Stock Company Kaspi.kz has 190.0M shares outstanding, of which 104.5M are in the public float.

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