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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, Q3 2025

Institutional positions in ExlService Holdings, Inc. as of Sep 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
465
+10 vs. Q2 2025
Shares held
153.5M
−146.0K (−0.1%) vs. Q2 2025
Total value
$6.76B
+$27.3M (+0.4%) vs. Q2 2025
New holders
79
177 more added
Sold out
69
164 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 465 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 heldQ3 2025: $6.76B
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: $6.51BQ1 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$6.51B
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, Q3 2025

Shares, value and share of portfolio for each institution holding ExlService Holdings, Inc.; share changes are against Q2 2025.

Institutions holding EXLS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
State of Wisconsin Investment Board189,426$8.34M0.02%+239+0.1%Added
Citigroup Inc188,229$8.29M0.01%−25,697−12.0%Reduced
Voya Investment Management LLC180,678$7.96M0.01%−613,655−77.3%Reduced
LPL Financial LLC179,644$7.91M0.00%+1,288+0.7%Added
Susquehanna Portfolio Strategies, LLC178,606$7.86M0.12%−854−0.5%Reduced
Hillsdale Investment Management Inc.174,200$7.67M0.23%+36,340+26.4%Added
Russell Investments Group, Ltd.173,200$7.63M0.01%−13,064−7.0%Reduced
Granahan Investment Management Inc165,993$7.31M0.30%+79,563+92.1%Added
Balyasny Asset Management LLC155,612$6.85M0.01%+155,612New
California State Teachers Retirement System152,927$6.73M0.01%+3,849+2.6%Added
American Century Companies Inc148,581$6.54M0.00%−266,231−64.2%Reduced
AXA Investment Managers S.A.145,526$6.41M0.02%+145,526New
2Xideas AG141,444$6.23M1.32%−29,719−17.4%Reduced
Bridge City Capital, LLC138,822$6.11M1.63%+17,136+14.1%Added
Van Eck Associates Corp134,978$5.94M0.01%+1,907+1.4%Added
Great West Life Assurance Co134,128$5.89M0.01%+1,164+0.9%Added
Teacher Retirement System of Texas131,778$5.80M0.02%−8,187−5.8%Reduced
HRT Financial LP122,101$5.38M0.02%−369,547−75.2%Reduced
Manufacturers Life Insurance Company, The120,113$5.29M0.00%−4,080−3.3%Reduced
one8zero8, LLC116,050$5.11M1.10%+1,000+0.9%Added
Bridgewater Associates, LP110,797$4.88M0.02%+110,797New
Navellier & Associates Inc108,649$4.78M0.49%+3,628+3.5%Added
Prevail Innovative Wealth Advisors, LLC103,811$4.57M0.89%+103,811New
Catalyst Funds Management Pty Ltd102,300$4.50M0.68%+55,600+119.1%Added
Advisor Group Holdings, Inc.98,665$4.34M0.01%+84,006+573.1%Added
New York State Common Retirement Fund98,573$4.34M0.01%−65,660−40.0%Reduced
Illinois Municipal Retirement Fund98,355$4.33M0.06%+34,750+54.6%Added
Univest Financial Corp98,265$4.33M0.24%+15,486+18.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH96,670$4.26M0.01%−62,532−39.3%Reduced
Schonfeld Strategic Advisors LLC96,362$4.24M0.03%−3,868−3.9%Reduced
Dark Forest Capital Management LP94,715$4.17M0.16%+94,715New
Nomura Asset Management Co Ltd93,596$4.12M0.01%00.0%Unchanged
Baird Financial Group, Inc.92,172$4.06M0.01%−17,744−16.1%Reduced
Verition Fund Management LLC85,275$3.75M0.02%−18,281−17.7%Reduced
Creative Planning85,224$3.75M0.00%+12,736+17.6%Added
Healthcare of Ontario Pension Plan Trust Fund84,376$3.72M0.01%+84,376New
Bank of Montreal82,188$3.62M0.00%+57,206+229.0%Added
Amalgamated Bank82,051$3.61M0.03%+517+0.6%Added
Axiom Investors LLC81,150$3.57M0.03%−36,255−30.9%Reduced
State of Tennessee, Treasury Department80,759$3.56M0.01%00.0%Unchanged
McMorgan & Co LLC79,762$3.51M0.54%−16,446−17.1%Reduced
Campbell Newman Asset Management Inc79,500$3.50M0.26%+378+0.5%Added
EFG Asset Management (North America) Corp.79,430$3.50M0.45%−27,265−25.6%Reduced
Cetera Investment Advisers79,369$3.49M0.00%+54,705+221.8%Added
Franklin Resources Inc78,702$3.47M0.00%−46,293−37.0%Reduced
HighTower Advisors, LLC77,919$3.43M0.00%+10,087+14.9%Added
Quest Partners LLC75,637$3.33M0.22%+50,825+204.8%Added
New York State Teachers Retirement System75,404$3.32M0.01%+14,931+24.7%Added
Quantbot Technologies LP74,623$3.29M0.09%−11,953−13.8%Reduced
CWM, LLC74,164$3.27M0.01%+53,651+261.5%Added
First National Bank of Omaha72,046$3.17M0.20%−1,637−2.2%Reduced
Tandem Investment Advisors, Inc.71,957$3.17M0.11%+61,708+602.1%Added
Advantage Alpha Capital Partners LP71,425$3.14M0.95%−9,881−12.2%Reduced
Treasurer of the State of North Carolina71,141$3.13M0.01%−2,769−3.7%Reduced
Stifel Financial Corp70,430$3.10M0.00%−125−0.2%Reduced
Police & Firemen's Retirement System of New Jersey69,801$3.07M0.02%+10,233+17.2%Added
Janus Henderson Group PLC68,425$3.01M0.00%00.0%Unchanged
Foyston, Gordon, & Payne Inc68,049$3.00M0.65%+68,049New
Zions Bancorporation, National Association65,048$2.86M0.14%−9,622−12.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)64,422$2.84M0.01%+11,083+20.8%Added
Comerica Bank62,979$2.77M0.01%−3,181−4.8%Reduced
Canada Pension Plan Investment Board62,800$2.77M0.00%+60,500+2,630.4%Added
Elo Mutual Pension Insurance Co61,303$2.70M0.04%+30,436+98.6%Added
Vident Advisory, LLC61,013$2.69M0.03%+53,867+753.8%Added
Credit Agricole S A60,983$2.69M0.01%+60,983New
Jump Financial, LLC59,600$2.62M0.03%+29,488+97.9%Added
Lazard Asset Management LLC57,369$2.53M0.00%+11,808+25.9%Added
Point72 Asset Management, L.P.55,800$2.46M0.01%+55,800New
Public Employees Retirement System of Ohio54,274$2.39M0.01%+318+0.6%Added
State of New Jersey Common Pension Fund D52,674$2.32M0.01%+367+0.7%Added
Yousif Capital Management, LLC51,051$2.25M0.02%−4,408−7.9%Reduced
State Board of Administration of Florida Retirement System50,863$2.24M0.00%+4,688+10.2%Added
Teachers Retirement System of the State of Kentucky50,013$2.20M0.02%00.0%Unchanged
Crossmark Global Holdings, Inc.49,961$2.20M0.03%+33,702+207.3%Added
Deutsche Bank AG48,857$2.15M0.00%+1,909+4.1%Added
Moran Wealth Management, LLC48,417$2.13M0.06%+48,417New
Arizona State Retirement System48,133$2.12M0.01%+776+1.6%Added
Mariner, LLC47,764$2.10M0.00%+24,261+103.2%Added
SG Americas Securities, LLC47,126$2.08M0.01%−88,484−65.2%Reduced
KLP Kapitalforvaltning AS45,900$2.02M0.01%+1,300+2.9%Added
ExodusPoint Capital Management, LP45,741$2.01M0.03%−109,044−70.4%Reduced
Natixis Advisors, L.P.45,372$2.00M0.00%−25,122−35.6%Reduced
Louisiana State Employees Retirement System45,000$1.98M0.03%−800−1.7%Reduced
QSV Equity Investors LLC43,354$1.91M1.95%−5,590−11.4%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys41,452$1.83M0.01%−349−0.8%Reduced
Eventide Asset Management, LLC41,160$1.81M0.03%−353,770−89.6%Reduced
Pathstone Holdings, LLC40,697$1.79M0.01%−5,820−12.5%Reduced
CSM Advisors, LLC40,705$1.79M0.05%+40,705New
Dana Investment Advisors, Inc.38,699$1.70M0.05%+1,658+4.5%Added
State of Michigan Retirement System38,500$1.70M0.01%−600−1.5%Reduced
Integrated Quantitative Investments LLC38,123$1.68M0.48%−2,964−7.2%Reduced
Truist Financial Corp37,564$1.65M0.00%+12,296+48.7%Added
Xponance, Inc.37,224$1.64M0.01%−992−2.6%Reduced
Commonwealth Equity Services, LLC36,888$1.62M0.00%+19,418+111.2%Added
Susquehanna International Group, LLP36,726$1.62M0.00%−435,849−92.2%Reduced
Northwestern Mutual Investment Management Company, LLC36,001$1.59M0.02%−324−0.9%Reduced
Quantinno Capital Management LP35,997$1.58M0.00%+12,730+54.7%Added
Kensington Investment Counsel, LLC34,187$1.51M0.61%−3,503−9.3%Reduced
Landscape Capital Management, L.L.C.34,162$1.50M0.10%+34,162New
New Mexico Educational Retirement Board34,000$1.50M0.05%00.0%Unchanged