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ExlService Holdings, Inc.

EXLS
Exchange
Nasdaq
Industry
Services-Business Services, NEC
SEC CIK
0001297989

In the last 90 days, ExlService Holdings, Inc. insiders filed 0 open-market purchases and 4 sales; 444 institutions reported holding it in 13F filings for Q2 2026, worth $4.02B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in ExlService Holdings, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
460
+10 vs. Q1 2025
Shares held
154.8M
−1.38M (−0.9%) vs. Q1 2025
Total value
$6.78B
−$593.9M (−8.1%) vs. Q1 2025
New holders
75
165 more added
Sold out
65
167 more reduced

5 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting EXLS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 460 institutions
Q1 2021: 224 institutionsQ2 2021: 223 institutionsQ3 2021: 260 institutionsQ4 2021: 286 institutionsQ1 2022: 291 institutionsQ2 2022: 298 institutionsQ3 2022: 315 institutionsQ4 2022: 338 institutionsQ1 2023: 344 institutionsQ2 2023: 333 institutionsQ3 2023: 330 institutionsQ4 2023: 337 institutionsQ1 2024: 338 institutionsQ2 2024: 346 institutionsQ3 2024: 362 institutionsQ4 2024: 415 institutionsQ1 2025: 455 institutionsQ2 2025: 460 institutionsQ3 2025: 465 institutionsQ4 2025: 466 institutionsQ1 2026: 464 institutionsQ2 2026: 444 institutions
Value heldQ2 2025: $6.78B
Q1 2021: $2.91BQ2 2021: $3.42BQ3 2021: $3.93BQ4 2021: $4.55BQ1 2022: $4.60BQ2 2022: $4.79BQ3 2022: $4.73BQ4 2022: $5.29BQ1 2023: $5.05BQ2 2023: $4.79BQ3 2023: $4.39BQ4 2023: $4.75BQ1 2024: $4.99BQ2 2024: $4.82BQ3 2024: $5.82BQ4 2024: $6.85BQ1 2025: $7.38BQ2 2025: $6.78BQ3 2025: $6.76BQ4 2025: $6.52BQ1 2026: $4.66BQ2 2026: $4.02B
Institutions holding EXLS and their total value by quarter
QuarterHoldersValue
Q2 2026444$4.02B
Q1 2026464$4.66B
Q4 2025466$6.52B
Q3 2025465$6.76B
Q2 2025460$6.78B
Q1 2025455$7.38B
Q4 2024415$6.85B
Q3 2024362$5.82B
Q2 2024346$4.82B
Q1 2024338$4.99B
Q4 2023337$4.75B
Q3 2023330$4.39B
Q2 2023333$4.79B
Q1 2023344$5.05B
Q4 2022338$5.29B
Q3 2022315$4.73B
Q2 2022298$4.79B
Q1 2022291$4.60B
Q4 2021286$4.55B
Q3 2021260$3.93B
Q2 2021223$3.42B
Q1 2021224$2.91B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding ExlService Holdings, Inc.; share changes are against Q1 2025.

Institutions holding EXLS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
PharVision Advisers, LLC17,724$776.1K1.12%00.0%Unchanged
HGK Asset Management Inc17,760$777.7K0.13%+17,760New
Public Employees Retirement Association of Colorado17,859$782.0K0.00%−233−1.3%Reduced
Linden Thomas Advisory Services, LLC17,938$785.5K0.09%−6,576−26.8%Reduced
Yorktown Management & Research Co Inc18,100$792.6K0.76%+6,000+49.6%Added
SummitTX Capital, L.P.18,115$793.3K0.04%+18,115New
State of Alaska, Department of Revenue18,265$799.0K0.01%−585−3.1%Reduced
Janney Montgomery Scott LLC19,154$839.0K0.00%−2,247−10.5%Reduced
Farringdon Capital, Ltd.19,162$839.1K0.28%+19,162New
Jennison Associates LLC19,477$852.9K0.00%+288+1.5%Added
Miracle Mile Advisors, LLC19,709$863.1K0.01%+105+0.5%Added
Hudson Bay Capital Management LP20,070$878.9K0.01%+20,070New
CWM, LLC20,513$898.0K0.00%−891−4.2%Reduced
Aster Capital Management (DIFC) Ltd20,540$899.4K0.20%+20,540New
Hussman Strategic Advisors, Inc.21,000$919.6K0.21%+21,000New
NorthCrest Asset Manangement, LLC20,572$931.3K0.03%−3,806−15.6%Reduced
Trust Point Inc.21,330$934.0K0.09%−7,010−24.7%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.21,534$943.0K0.00%−2,644−10.9%Reduced
Henshaw Capital LLC21,844$956.5K0.04%00.0%Unchanged
Pitcairn Co21,892$958.7K0.06%−4,702−17.7%Reduced
Bedel Financial Consulting, Inc.21,965$961.8K0.13%00.0%Unchanged
Inspire Advisors, LLC22,015$964.1K0.10%−542−2.4%Reduced
JSF Financial, LLC22,312$977.0K0.23%+2,517+12.7%Added
David Loasby23,410$987.0K0.08%+51+0.2%Added
Virtu Financial LLC22,929$1.00M0.05%+22,929New
JustInvest LLC22,954$1.01M0.01%+9,183+66.7%Added
Quantinno Capital Management LP23,267$1.02M0.00%+4,996+27.3%Added
Mariner, LLC23,503$1.03M0.00%−5,076−17.8%Reduced
Azzad Asset Management Inc23,505$1.03M0.11%+669+2.9%Added
Pictet Asset Management Holding SA24,039$1.05M0.00%−359−1.5%Reduced
Cetera Investment Advisers24,664$1.08M0.00%+2,329+10.4%Added
West Tower Group, LLC24,700$1.08M2.35%+3,000+13.8%Added
Quest Partners LLC24,812$1.09M0.11%−5,454−18.0%Reduced
Compass Ion Advisors, LLC24,863$1.09M0.12%00.0%Unchanged
Bank of Montreal24,982$1.09M0.00%−2,272−8.3%Reduced
Shaker Investments LLC25,151$1.10M0.45%+4,981+24.7%Added
111 Capital25,162$1.10M0.19%+25,162New
Truist Financial Corp25,268$1.11M0.00%+982+4.0%Added
DekaBank Deutsche Girozentrale26,018$1.14M0.00%00.0%Unchanged
Scientech Research LLC26,567$1.16M0.28%+26,567New
South Dakota Investment Council26,657$1.17M0.02%00.0%Unchanged
Mitsubishi UFJ Asset Management (UK) Ltd.27,000$1.18M0.62%00.0%Unchanged
CWM Advisors, LLC27,780$1.22M0.13%+20,497+281.4%Added
Aquatic Capital Management LLC28,141$1.23M0.02%−11,090−28.3%Reduced
Aigen Investment Management, LP28,204$1.24M0.17%+28,204New
Allianz Asset Management GmbH29,456$1.29M0.00%+4,949+20.2%Added
Ami Asset Management Corp29,538$1.29M0.07%−25,063−45.9%Reduced
Jump Financial, LLC30,112$1.32M0.02%−86,220−74.1%Reduced
Elo Mutual Pension Insurance Co30,867$1.35M0.03%−10,450−25.3%Reduced
State of Wyoming30,885$1.35M0.17%−3,269−9.6%Reduced
Ameritas Investment Partners, Inc.31,654$1.39M0.04%−16,010−33.6%Reduced
Cookson Peirce & Co Inc32,072$1.40M0.06%+2,269+7.6%Added
Connor, Clark & Lunn Investment Management Ltd.32,771$1.44M0.01%+32,771New
Oregon Public Employees Retirement Fund33,341$1.46M0.03%+700+2.1%Added
O'Shaughnessy Asset Management, LLC33,754$1.48M0.01%+391+1.2%Added
New Mexico Educational Retirement Board34,000$1.49M0.05%00.0%Unchanged
Federated Hermes, Inc.34,441$1.51M0.00%−365−1.0%Reduced
ISAM Funds (UK) Ltd35,120$1.54M0.34%+27,618+368.1%Added
Congress Wealth Management LLC36,222$1.59M0.02%+36,222New
Northwestern Mutual Investment Management Company, LLC36,325$1.59M0.02%+554+1.5%Added
Jefferies Financial Group Inc.36,520$1.60M0.03%+36,520New
Dana Investment Advisors, Inc.37,041$1.62M0.05%−7,586−17.0%Reduced
OP Asset Management Ltd37,132$1.63M0.02%00.0%Unchanged
Kensington Investment Counsel, LLC37,690$1.65M0.71%−257−0.7%Reduced
Xponance, Inc.38,216$1.67M0.01%+14,586+61.7%Added
Marshall Wace, LLP38,909$1.70M0.00%+38,909New
State of Michigan Retirement System39,100$1.71M0.01%+600+1.6%Added
Legato Capital Management LLC41,010$1.80M0.21%+2,843+7.4%Added
Integrated Quantitative Investments LLC41,087$1.80M0.53%+41,087New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys41,801$1.83M0.01%+3,344+8.7%Added
Polen Capital Management LLC42,201$1.85M0.01%−217,816−83.8%Reduced
Susquehanna Fundamental Investments, LLC43,435$1.90M0.05%−109,689−71.6%Reduced
HSBC Holdings PLC43,568$1.91M0.00%+3,522+8.8%Added
Allworth Financial LP43,602$1.91M0.01%+43,368+18,533.3%Added
Dynamic Technology Lab Private Ltd44,040$1.93M0.26%+30,830+233.4%Added
KLP Kapitalforvaltning AS44,600$1.95M0.01%+7,400+19.9%Added
Lazard Asset Management LLC45,561$1.99M0.00%−45,141−49.8%Reduced
Louisiana State Employees Retirement System45,800$2.01M0.04%+700+1.6%Added
State Board of Administration of Florida Retirement System46,175$2.02M0.00%00.0%Unchanged
Pathstone Holdings, LLC46,517$2.04M0.01%+856+1.9%Added
STRS Ohio46,615$2.04M0.01%+8,215+21.4%Added
Catalyst Funds Management Pty Ltd46,700$2.04M0.56%+46,700New
Deutsche Bank AG46,948$2.06M0.00%−158,484−77.1%Reduced
Arizona State Retirement System47,357$2.07M0.01%+1,216+2.6%Added
QSV Equity Investors LLC48,944$2.14M2.23%−401−0.8%Reduced
Avantax Advisory Services, Inc.49,967$2.19M0.01%+3,116+6.7%Added
Teachers Retirement System of the State of Kentucky50,013$2.19M0.02%−13,122−20.8%Reduced
State of New Jersey Common Pension Fund D52,307$2.29M0.01%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)53,339$2.34M0.01%−15,411−22.4%Reduced
Public Employees Retirement System of Ohio53,956$2.36M0.01%+49,055+1,000.9%Added
Yousif Capital Management, LLC55,459$2.43M0.03%−289−0.5%Reduced
BNP Paribas Arbitrage, SA55,727$2.44M0.00%−88,620−61.4%Reduced
Edgestream Partners, L.P.55,919$2.45M0.07%−126,153−69.3%Reduced
Horizon Investments, LLC56,163$2.46M0.04%+56,123+140,307.5%Added
Police & Firemen's Retirement System of New Jersey59,568$2.61M0.02%+25,469+74.7%Added
New York State Teachers Retirement System60,473$2.65M0.01%00.0%Unchanged
Nebula Research & Development LLC63,547$2.78M0.24%+15,050+31.0%Added
Illinois Municipal Retirement Fund63,605$2.79M0.04%+47,863+304.0%Added
Comerica Bank66,160$2.90M0.01%−179−0.3%Reduced
HighTower Advisors, LLC67,832$2.97M0.00%+1,663+2.5%Added