Vault-13

LESAKA TECHNOLOGIES INC LSAK

COM NEW · Common Stock · CUSIP 64107N206

South African corporation

43 institutional holders +9 vs Q1 2026
21,578,07021.6m shares reported held*
25.2% of all shares outstanding*
$107.2mreported value*
14 new 13 added 10 reduced 6 sold out net sold ≈ $11.4m (-2.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($487.8k this quarter). Holder counts are more reliable. Shares outstanding: 85.7m as of 2026-05-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $4.97. Options: 1 managers hold calls ($51.7k notional), 1 hold puts ($65.6k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 36Q4 22: 29Q1 23: 27Q2 23: 28Q3 23: 25Q4 23: 25Q1 24: 23Q2 24: 24Q3 24: 21Q4 24: 22Q1 25: 18Q2 25: 23Q3 25: 21Q4 25: 26Q1 26: 34Q2 26: 4343Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202236
Q4 202229
Q1 202327
Q2 202328
Q3 202325
Q4 202325
Q1 202423
Q2 202424
Q3 202421
Q4 202422
Q1 202518
Q2 202523
Q3 202521
Q4 202526
Q1 202634
Q2 202643

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 3 bought or addedQ3 24: 12 cut or sold outQ4 24: 7 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 6 bought or addedQ1 25: 10 cut or sold outQ2 25: 8 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 4 bought or addedQ3 25: 11 cut or sold outQ4 25: 9 bought or addedQ4 25: 8 cut or sold outQ4 25Q1 26: 20 bought or addedQ1 26: 5 cut or sold outQ2 26: 27 bought or addedQ2 26: 16 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024312
Q4 202477
Q1 2025610
Q2 2025810
Q3 2025411
Q4 202598
Q1 2026205
Q2 20262716

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60k$80kQ3 25 calls: $415Q3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $53.4kQ1 26 puts: $509Q1 26P/C 0.01Q2 26 calls: $51.7kQ2 26 puts: $65.6kQ2 26P/C 1.27
Numbers
QuarterCallsPutsP/C
Q3 2025$415$00.00
Q4 2025$0$0—
Q1 2026$53.4k$5090.01
Q2 2026$51.7k$65.6k1.27

Biggest buyers

Potomac Capital Management, Inc. Added +402,758+402.8k
DEUTSCHE BANK AG\ Added +340,344+340.3k
CITADEL ADVISORS LLC Added +326,597+326.6k
MARSHALL WACE, LLP New +129,450+129.4k
Hillsdale Investment Management Inc. New +76,000+76.0k
JANE STREET GROUP, LLC New +42,478+42.5k
GSA CAPITAL PARTNERS LLP New +40,541+40.5k
Centiva Capital, LP New +30,612+30.6k
MILLENNIUM MANAGEMENT LLC New +29,646+29.6k
XTX Topco Ltd Added +24,541+24.5k

Biggest sellers

Rathbones Group PLC Reduced -3,631,420-3.6m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -65,065-65.1k
Hosking Partners LLP Reduced -48,509-48.5k
GOLDMAN SACHS GROUP INC Reduced -23,837-23.8k
9823 Capital, L.P. Sold out -19,650-19.6k
RENAISSANCE TECHNOLOGIES LLC Reduced -17,800-17.8k
BARCLAYS PLC Reduced -17,573-17.6k
Quadrature Capital Ltd Reduced -8,194-8.2k
BlackRock, Inc. Reduced -7,554-7.6k
Parallel Advisors, LLC Sold out -3,235-3.2k

Biggest calls

JANE STREET GROUP, LLC Reduced $51.7k10.4k shares

Biggest puts

CITADEL ADVISORS LLC New $65.6k13.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MORGAN STANLEY 13G · institution filed 2025-02-04 6.6% 5.2m≈ $25.9m 2025-02-04
GOLDMAN SACHS GROUP INC 13G · institution filed 2025-02-06 6.3% 5.0m≈ $24.8m 2025-02-06

Fell to 5% or below in the last year: International Finance Corp (3.9%, 2026-09-29), APIS GROWTH 13 Ltd (2.1%, 2026-07-31)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 2 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 1 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20251$742.4k0——
Q2 20250—0——
Q3 20250—0——
Q4 20252$9.1m0——
Q1 20261$548.7k1$8.4k—
Q2 20260—0——
Q3 20261$183.8k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-16 Mazanderani Ali Executive Chairman, director Bought 14,774 $4.40 $65.0k14.8k shares +1%
2026-09-15 Mazanderani Ali Executive Chairman, director Bought 28,226 $4.21 $118.8k28.2k shares +1%
2026-04-16 International Finance Corp 10% owner · See footnote Sold 66,437 $4.90 $325.5k66.4k shares -1%
2026-04-15 International Finance Corp 10% owner · See footnote Sold 19,488 $4.90 $95.5k19.5k shares -<1%
2026-04-14 International Finance Corp 10% owner · See footnote Sold 106,948 $4.90 $524.0k106.9k shares -2%
2026-04-13 International Finance Corp 10% owner · See footnote Sold 52,230 $4.92 $257.0k52.2k shares -1%
2026-04-10 International Finance Corp 10% owner · See footnote Sold 57,894 $4.98 $288.3k57.9k shares -1%
2026-04-09 International Finance Corp 10% owner · See footnote Sold 9,878 $4.95 $48.9k9.9k shares -<1%
2026-04-08 International Finance Corp 10% owner · See footnote Sold 19,311 $4.93 $95.2k19.3k shares -<1%
2026-04-07 International Finance Corp 10% owner · See footnote Sold 47,954 $4.91 $235.5k48.0k shares -1%
2026-04-06 International Finance Corp 10% owner · See footnote Sold 34,219 $4.95 $169.4k34.2k shares -1%
2026-04-02 International Finance Corp 10% owner · See footnote Sold 9,928 $4.99 $49.5k9.9k shares -<1%
2026-04-01 International Finance Corp 10% owner · See footnote Sold 18,663 $4.97 $92.8k18.7k shares -<1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,135,1275.1m $25.5m $25.5m 0.00% Added +5.5k +5,515
2 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,053,0105.1m $25.1m $25.1m 0.00% Reduced -23.8k -23,837
3 Rathbones Group PLC 0.07% of their portfolio Liverpool, X0 3,657,4203.7m $18.2m $18.2m 0.07% Reduced -3.6m -3,631,420
4 Hosking Partners LLP 0.45% of their portfolio LONDON, X0 2,724,1532.7m $13.5m $13.5m 0.45% Reduced -48.5k -48,509
5 Potomac Capital Management, Inc. 5.51% of their portfolio NEW YORK, NY 1,515,0001.5m $7.5m $7.5m 5.51% Added +402.8k +402,758
6 Kingsway Capital Partners Ltd 0.62% of their portfolio LONDON, X0 919,888919.9k $4.6m $4.6m 0.62% First filing
7 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 439,307439.3k $2.2m $2.2m 0.00% Added +340.3k +340,344
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 400,414400.4k $2.0m $2.0m 0.00% Added +326.6k +326,597
9 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 250,350250.3k $1.2m $1.2m 0.00% Reduced -17.6k -17,573
10 INTREPID FAMILY OFFICE LLC 1.15% of their portfolio SARASOTA, FL 250,000250.0k $1.2m $1.2m 1.15% Unchanged
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 235,615235.6k $1.2m $1.2m 0.00% Added +6.5k +6,458
12 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 168,100168.1k $835.5k $835.5k 0.00% Reduced -17.8k -17,800
13 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 129,450129.4k $643.4k $643.4k 0.00% New
14 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 98,14398.1k $487.8k $487.8k 0.00% Reduced -628 -628
15 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 81,05881.1k $402.9k $402.9k 0.00% Added +5.2k +5,153
16 Hillsdale Investment Management Inc. 0.01% of their portfolio Toronto, A6 76,00076.0k $377.7k $377.7k 0.01% New
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 69,87669.9k $347.3k $347.3k 0.00% Added +5.2k +5,239
18 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 59,33159.3k $294.9k $294.9k 0.00% Added +24.5k +24,541
19 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.05% of their portfolio MINNEAPOLIS, MN 57,42257.4k $285.4k $285.4k 0.05% Unchanged
20 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 49,57249.6k $246.4k $246.4k 0.00% Added +5.8k +5,846
21 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 42,47842.5k $211.1k $211.1k 0.00% New
22 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 40,54140.5k $201.0k $201.0k 0.01% New
23 Centiva Capital, LP 0.01% of their portfolio New York, NY 30,61230.6k $152.1k $152.1k 0.01% New
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 29,64629.6k $147.3k $147.3k 0.00% New
25 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 21,66421.7k $107.7k $107.7k 0.00% Reduced -8.2k -8,194
26 BlackRock, Inc. 0.00% of their portfolio New York, NY 18,06318.1k $89.8k $89.8k 0.00% Reduced -7.6k -7,554
27 Virtu Financial LLC 0.00% of their portfolio New York, NY 17,90517.9k $89.0k $89.0k 0.00% New
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,95013.9k $69.3k $69.3k 0.00% Unchanged
29 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 13,68713.7k $68.0k $68.0k 0.00% Added +582 +582
30 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 13,56213.6k $67.0k $67.0k 0.00% New
31 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 12,71712.7k $63.2k $63.2k 0.00% New
32 AXQ CAPITAL, LP 0.01% of their portfolio JERSEY CITY, NJ 12,15812.2k $60.4k $60.4k 0.01% New
33 ALGERT GLOBAL LLC 0.00% of their portfolio SAN FRANCISCO, CA 11,12611.1k $55.3k $55.3k 0.00% New
34 Index Fund Advisors, Inc. 0.00% of their portfolio IRVINE, CA 10,22410.2k $50.8k $50.8k 0.00% New
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,13110.1k $48.4k $48.4k 0.00% Added +9.8k +9,793
36 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 6,3916.4k $31.8k $31.8k 0.00% Unchanged
37 Quarry LP 0.00% of their portfolio NEW YORK, NY 1,0461.0k $5.2k $5.2k 0.00% New
38 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 602602 $3.0k $3.0k 0.00% Reduced -523 -523
39 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 300300 $1.5k $1.5k 0.00% Added +200 +200
40 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 8181 $403 $403 0.00% Unchanged
41 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 4848 $238 $238 0.00% Reduced -60 -60
42 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 4141 $204 $204 0.00% Added +40 +40
43 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 44 $20 $20 0.00% New