First Beijing Investment Ltd: KASPI KZ JSC (KSPI): Quarterly 13F Position History
As of Q2 2026, First Beijing Investment Ltd reported 424,613 shares of KASPI KZ JSC (KSPI), worth $36.8M and representing 1.5% of its 13F equity book. Quarter-over-quarter share count change: 9,737 (-2.2%) . The position first appeared in Q4 2025 and has been disclosed across 3 13F-HR filings in Pactolio's tracked window.
- 424,613Shares Held (Latest Filing)
- $36.8MReported Market Value (Latest Filing)
- 1.5%Portfolio Weight (% of 13F Equity Book)
- 9,737Quarter-over-Quarter Share Change
- +$4.6MQuarter-over-Quarter Value Change
- 434,350Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 3 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 424,613 | 9,737 | -2.2% | $36.8M | 1.5% | $86.6 |
| Q1 2026 | 434,350 | +321,962 | +286.5% | $32.2M | 1.4% | $74.1 |
| Q4 2025 | 112,388 | – | – | $8.8M | 0.3% | $78.1 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did First Beijing Investment Ltd first disclose a KSPI position in 13F-HR filings?
First Beijing Investment Ltd first reported KASPI KZ JSC (KSPI) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 3 reported quarters within Pactolio's tracked window.
What was First Beijing Investment Ltd's most recent quarter-over-quarter share-count change in KSPI?
Between Q1 2026 and Q2 2026, First Beijing Investment Ltd reduced its KSPI position by 9,737 shares (-2.2%), leaving 424,613 shares at a market value of $36.8M.
Does the implied price-per-share represent First Beijing Investment Ltd's cost basis in KSPI?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.