Frank Sands's KSPI Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 1.95 M shares of Joint Stock Company Kaspi.kz (KSPI) worth $152.26 M, representing 0.46% of the portfolio. First purchased in 2024-Q1, this short-term holding has been held for 8 quarters.
Based on 13F filings, Frank Sands has maintained this position in KSPI for several quarters, showing initial confidence in the investment. Largest addition occurred in Q2 2025, adding 370,556 shares. Largest reduction occurred in Q1 2025, reducing 130,029 shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Joint Stock Company Kaspikz (KSPI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Joint Stock Company Kaspikz (KSPI) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2024 | +1.65 M | New Buy | 1.65 M | $128.64 |
| Q2 2024 | -127,796 | Reduce 7.75% | 1.52 M | $129.01 |
| Q3 2024 | -42,127 | Reduce 2.77% | 1.48 M | $105.99 |
| Q4 2024 | -36,728 | Reduce 2.48% | 1.44 M | $94.71 |
| Q1 2025 | -130,029 | Reduce 9.02% | 1.31 M | $92.85 |
| Q2 2025 | +370,556 | Add 28.26% | 1.68 M | $84.89 |
| Q3 2025 | -37,773 | Reduce 2.25% | 1.64 M | $81.68 |
| Q4 2025 | +304,521 | Add 18.52% | 1.95 M | $78.13 |
Frank Sands's Joint Stock Company Kaspikz Investment FAQs
Frank Sands first purchased Joint Stock Company Kaspi.kz (KSPI) in Q1 2024, acquiring 1,648,137 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Joint Stock Company Kaspi.kz (KSPI) for 8 quarters since Q1 2024.
Frank Sands's largest addition to Joint Stock Company Kaspi.kz (KSPI) was in Q1 2024, adding 1,648,137 shares worth $212.02 M.
According to the latest 13F filing for Q4 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 1,948,761 shares of Joint Stock Company Kaspi.kz (KSPI), valued at approximately $152.26 M.
As of the Q4 2025 filing, Joint Stock Company Kaspi.kz (KSPI) represents approximately 0.46% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Joint Stock Company Kaspi.kz (KSPI) was 1,948,761 shares, as reported at the end of Q4 2025.