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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, Q4 2025

Institutional positions in ExlService Holdings, Inc. as of Dec 31, 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
466
+12 vs. Q3 2025
Shares held
155.9M
−2.29M (−1.4%) vs. Q3 2025
Total value
$6.62B
−$345.9M (−5.0%) vs. Q3 2025
New holders
70
166 more added
Sold out
58
188 more reduced

11 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 466 institutions
Q1 2021: 224 institutionsQ2 2021: 223 institutionsQ3 2021: 260 institutionsQ4 2021: 286 institutionsQ1 2022: 291 institutionsQ2 2022: 298 institutionsQ3 2022: 316 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 heldQ4 2025: $6.62B
Q1 2021: $2.91BQ2 2021: $3.42BQ3 2021: $3.93BQ4 2021: $4.56BQ1 2022: $4.60BQ2 2022: $4.80BQ3 2022: $4.74BQ4 2022: $5.29BQ1 2023: $5.27BQ2 2023: $4.79BQ3 2023: $4.39BQ4 2023: $4.97BQ1 2024: $5.28BQ2 2024: $4.98BQ3 2024: $6.01BQ4 2024: $7.20BQ1 2025: $7.44BQ2 2025: $6.84BQ3 2025: $7.00BQ4 2025: $6.62BQ1 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$6.62B
Q3 2025465$7.00B
Q2 2025460$6.84B
Q1 2025455$7.44B
Q4 2024415$7.20B
Q3 2024362$6.01B
Q2 2024346$4.98B
Q1 2024338$5.28B
Q4 2023337$4.97B
Q3 2023330$4.39B
Q2 2023333$4.79B
Q1 2023344$5.27B
Q4 2022338$5.29B
Q3 2022316$4.74B
Q2 2022298$4.80B
Q1 2022291$4.60B
Q4 2021286$4.56B
Q3 2021260$3.93B
Q2 2021223$3.42B
Q1 2021224$2.91B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding ExlService Holdings, Inc.; share changes are against Q3 2025.

Institutions holding EXLS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.19,375,581$822.3M0.01%−1,167,361−5.7%Reduced
FMR LLC14,331,972$608.2M0.03%+5,415,444+60.7%Added
Vanguard Group Inc14,258,782$605.1M0.01%−364,562−2.5%Reduced
JPMorgan Chase & Co5,927,793$251.6M0.02%−4,897,971−45.2%Reduced
State Street Corp4,725,111$200.5M0.01%−123,986−2.6%Reduced
Geneva Capital Management LLC4,601,881$195.3M3.67%−395,823−7.9%Reduced
Fuller & Thaler Asset Management, Inc.4,323,698$183.5M0.31%+2,155,988+99.5%Added
AQR Capital Management LLC4,118,625$174.8M0.09%+2,154,652+109.7%Added
Geode Capital Management, LLC4,045,593$171.7M0.01%+2,356+0.1%Added
Handelsbanken Fonder AB3,781,036$160.5M0.48%+364,146+10.7%Added
Dimensional Fund Advisors LP2,902,412$123.2M0.03%+32,734+1.1%Added
Fenimore Asset Management Inc2,773,142$117.7M2.45%−16,850−0.6%Reduced
Boston Trust Walden Corp2,608,036$110.7M0.84%−113,123−4.2%Reduced
William Blair Investment Management, LLC2,584,072$109.7M0.31%−313,016−10.8%Reduced
Mackenzie Financial Corp2,374,549$101.3M0.12%+2,582+0.1%Added
Nomura Asset Management International Inc.2,360,298$100.2M0.15%+2,360,298New
D. E. Shaw & Co., Inc.1,881,161$79.8M0.06%+504,529+36.6%Added
Charles Schwab Investment Management Inc1,781,306$75.6M0.01%−11,493−0.6%Reduced
Northern Trust Corp1,584,708$67.3M0.01%+2,261+0.1%Added
Hood River Capital Management LLC1,574,133$66.8M0.73%−496,555−24.0%Reduced
Morgan Stanley1,569,266$66.6M0.00%+77,628+5.2%Added
Two Sigma Advisers, LP1,551,400$65.8M0.13%+56,000+3.7%Added
Two Sigma Investments, LP1,528,749$64.9M0.10%−92,983−5.7%Reduced
Nuveen, LLC1,467,134$62.3M0.02%−192,580−11.6%Reduced
Royal Bank of Canada1,371,430$58.2M0.01%−245,670−15.2%Reduced
Millennium Management LLC1,351,317$57.3M0.04%+732,299+118.3%Added
Invesco Ltd.1,344,565$57.1M0.01%+53,659+4.2%Added
FIL Ltd1,252,129$53.1M0.04%+448,732+55.9%Added
Schroder Investment Management Group1,126,176$48.1M0.04%−76,931−6.4%Reduced
Bank of New York Mellon Corp1,114,507$47.3M0.01%−9,673−0.9%Reduced
UBS Group AG1,091,714$46.3M0.01%+555,382+103.6%Added
Goldman Sachs Group Inc1,079,776$45.8M0.01%−54,757−4.8%Reduced
Price T Rowe Associates Inc1,077,456$45.7M0.00%−809,701−42.9%Reduced
Wellington Management Group LLP1,030,179$43.7M0.01%−45,050−4.2%Reduced
Neumeier Poma Investment Counsel LLC994,683$42.2M3.49%−16,350−1.6%Reduced
Squarepoint Ops LLC958,811$40.7M0.08%−730,562−43.2%Reduced
BNP Paribas Arbitrage, SA935,783$39.7M0.03%+371,383+65.8%Added
Barclays PLC931,953$39.6M0.02%+355,750+61.7%Added
Tudor Investment Corp Et Al923,468$39.2M0.21%−52,426−5.4%Reduced
Algert Global LLC772,114$32.8M0.51%+411,339+114.0%Added
Amundi716,796$30.4M0.01%−878,461−55.1%Reduced
Fort Washington Investment Advisors Inc693,008$29.4M0.16%+108,398+18.5%Added
Bank of America Corp677,837$28.8M0.00%−229,992−25.3%Reduced
Voloridge Investment Management, LLC618,139$26.2M0.09%−216,113−25.9%Reduced
Tredje AP-fonden614,000$26.1M0.20%−100,000−14.0%Reduced
EULAV Asset Management584,065$24.8M0.66%−300.0%Reduced
Standard Life Aberdeen plc562,437$23.9M0.04%+89,194+18.8%Added
Nordea Investment Management AB552,242$23.6M0.02%+552,242New
MetLife Investment Management548,990$23.3M0.11%+111,832+25.6%Added
Bessemer Group Inc513,905$21.8M0.03%−185,093−26.5%Reduced
Point72 Asset Management, L.P.511,773$21.7M0.03%+455,973+817.2%Added
Raymond James Financial Inc503,606$21.4M0.01%−484,762−49.0%Reduced
Envestnet Asset Management Inc497,051$21.1M0.01%−124,035−20.0%Reduced
Smith Group Asset Management, LLC496,661$21.1M1.12%+29,755+6.4%Added
Congress Asset Management Co495,041$21.0M0.15%+56,508+12.9%Added
Rhumbline Advisers484,463$20.6M0.02%−18,834−3.7%Reduced
Caisse de Depot Et Placement du Quebec483,332$20.5M0.03%+184,474+61.7%Added
UBS Asset Management Americas Inc481,202$20.4M0.00%−52,747−9.9%Reduced
Norges Bank452,352$19.2M0.00%+452,352New
Tributary Capital Management, LLC416,347$17.7M1.74%−30,246−6.8%Reduced
HSBC Holdings PLC411,302$17.5M0.00%−40,622−9.0%Reduced
Jane Street Group, LLC396,380$16.8M0.02%−120,994−23.4%Reduced
Loomis Sayles & Co L P384,887$16.3M0.02%−120,987−23.9%Reduced
Mercer Global Advisors Inc380,657$16.2M0.02%+20,268+5.6%Added
Summit Creek Advisors LLC361,612$15.3M2.41%−15,395−4.1%Reduced
Principal Financial Group Inc340,057$14.4M0.01%−17,196−4.8%Reduced
Ensign Peak Advisors, Inc320,586$13.6M0.02%−133,515−29.4%Reduced
Renaissance Technologies LLC319,400$13.6M0.02%−181,700−36.3%Reduced
Swiss National Bank318,440$13.5M0.01%+3,000+1.0%Added
Victory Capital Management Inc314,089$13.3M0.01%−100,247−24.2%Reduced
Silvercrest Asset Management Group LLC310,627$13.2M0.09%−14,388−4.4%Reduced
M&G Plc311,572$13.1M0.07%+26,865+9.4%Added
California Public Employees Retirement System304,622$12.9M0.01%+5,328+1.8%Added
Leeward Investments, LLC - MA302,409$12.8M0.65%−2,813−0.9%Reduced
ExodusPoint Capital Management, LP290,832$12.3M0.14%+245,091+535.8%Added
Alliancebernstein L.P.286,627$12.2M0.00%−3,259−1.1%Reduced
Trexquant Investment LP285,754$12.1M0.11%−378,734−57.0%Reduced
Allspring Global Investments Holdings, LLC284,440$11.7M0.02%+59,657+26.5%Added
Ameriprise Financial Inc268,931$11.4M0.00%−8,582−3.1%Reduced
Retirement Systems of Alabama260,067$11.0M0.04%−4,812−1.8%Reduced
Legal & General Group Plc252,727$10.7M0.00%−69,498−21.6%Reduced
Oak Ridge Investments LLC240,671$10.2M0.62%−45,735−16.0%Reduced
Nicholas Company, Inc.228,961$9.72M0.17%+950.0%Added
Man Group plc217,181$9.22M0.02%−296,945−57.8%Reduced
Citadel Advisors LLC216,233$9.18M0.01%+17,727+8.9%Added
GHP Investment Advisors, Inc.215,979$9.17M0.38%+842+0.4%Added
Voya Investment Management LLC207,272$8.80M0.01%+26,594+14.7%Added
Citigroup Inc203,799$8.65M0.01%+15,570+8.3%Added
Russell Investments Group, Ltd.195,332$8.29M0.01%+22,132+12.8%Added
Mutual of America Capital Management LLC192,041$8.15M0.09%−9,360−4.6%Reduced
Edgestream Partners, L.P.191,414$8.12M0.23%−12,690−6.2%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH190,681$8.09M0.01%+94,011+97.2%Added
Wells Fargo & Company189,622$8.05M0.00%−18,109−8.7%Reduced
State of Wisconsin Investment Board189,305$8.03M0.02%−121−0.1%Reduced
Renaissance Group LLC185,938$7.89M0.32%−21,145−10.2%Reduced
SEI Investments Co181,490$7.70M0.01%−31,291−14.7%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.177,365$7.53M0.01%+175,395+8,903.3%Added
Canada Pension Plan Investment Board177,200$7.52M0.01%+114,400+182.2%Added
Hillsdale Investment Management Inc.174,000$7.38M0.20%−200−0.1%Reduced
Federated Hermes, Inc.171,781$7.29M0.01%+137,897+407.0%Added