First Beijing Investment Ltd: JSC KASPI.KZ (KSPI): Quarterly 13F Position History
As of Q1 2026, First Beijing Investment Ltd reported 434,350 shares of JSC KASPI.KZ (KSPI), worth $32.2M and representing 1.4% of its 13F equity book. Quarter-over-quarter share count change: + 321,962 (+286.5%) . The position first appeared in Q4 2025 and has been disclosed across 2 13F-HR filings in Pactolio's tracked window.
- 434,350Shares Held (Latest Filing)
- $32.2MReported Market Value (Latest Filing)
- 1.4%Portfolio Weight (% of 13F Equity Book)
- +321,962Quarter-over-Quarter Share Change
- +$23.4MQuarter-over-Quarter Value Change
- 434,350Peak Reported Shares (Historical)
Recent initiation: First Beijing Investment Ltd first reported KSPI on the Q4 2025 filing — fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| 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, not 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 JSC KASPI.KZ (KSPI) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 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 Q4 2025 and Q1 2026, First Beijing Investment Ltd added 321,962 shares of KSPI (+286.5%), bringing the total reported position to 434,350 shares at a market value of $32.2M.
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.