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
- 153.5M
- +705.0K (+0.5%) vs. Q3 2025
- Total value
- $6.52B
- −$210.0M (−3.1%) vs. Q3 2025
- New holders
- 70
- 165 more added
- Sold out
- 58
- 189 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 444 | $4.02B |
| Q1 2026 | 464 | $4.66B |
| Q4 2025 | 466 | $6.52B |
| Q3 2025 | 465 | $6.76B |
| Q2 2025 | 460 | $6.78B |
| Q1 2025 | 455 | $7.38B |
| Q4 2024 | 415 | $6.85B |
| Q3 2024 | 362 | $5.82B |
| Q2 2024 | 346 | $4.82B |
| Q1 2024 | 338 | $4.99B |
| Q4 2023 | 337 | $4.75B |
| Q3 2023 | 330 | $4.39B |
| Q2 2023 | 333 | $4.79B |
| Q1 2023 | 344 | $5.05B |
| Q4 2022 | 338 | $5.29B |
| Q3 2022 | 315 | $4.73B |
| Q2 2022 | 298 | $4.79B |
| Q1 2022 | 291 | $4.60B |
| Q4 2021 | 286 | $4.55B |
| Q3 2021 | 260 | $3.93B |
| Q2 2021 | 223 | $3.42B |
| Q1 2021 | 224 | $2.91B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding ExlService Holdings, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| McMorgan & Co LLC | 11,278 | $478.6K | 0.08% | −68,484−85.9% | Reduced |
| Securian Asset Management, Inc | 11,565 | $490.8K | 0.02% | −531−4.4% | Reduced |
| Aviva PLC | 12,035 | $510.8K | 0.00% | +1,006+9.1% | Added |
| Tower Research Capital LLC (TRC) | 12,085 | $512.9K | 0.01% | +7,892+188.2% | Added |
| US Bancorp | 12,440 | $528.0K | 0.00% | −1,545−11.0% | Reduced |
| Quadrant Capital Group LLC | 12,577 | $533.8K | 0.02% | +185+1.5% | Added |
| Swiss Life Asset Management Ltd | 12,883 | $546.8K | 0.00% | +5,324+70.4% | Added |
| QRG Capital Management, Inc. | 13,381 | $567.9K | 0.01% | +2,964+28.5% | Added |
| Alliance Wealth Advisors, LLC | 13,480 | $572.1K | 0.12% | −5,100−27.4% | Reduced |
| New York Life Investment Management LLC | 13,855 | $588.0K | 0.01% | −2,012−12.7% | Reduced |
| Brevan Howard Capital Management LP | 14,073 | $597.3K | 0.01% | +14,073 | New |
| O'Shaughnessy Asset Management, LLC | 14,622 | $620.6K | 0.00% | −10,242−41.2% | Reduced |
| Vestcor Inc | 14,788 | $628.0K | 0.02% | 00.0% | Unchanged |
| Inspire Advisors, LLC | 14,914 | $633.0K | 0.06% | −5,745−27.8% | Reduced |
| First National Advisers, LLC | 14,937 | $633.9K | 0.09% | −715−4.6% | Reduced |
| Federation des caisses Desjardins du Quebec | 14,980 | $635.8K | 0.00% | +1,600+12.0% | Added |
| Axq Capital, LP | 15,336 | $650.9K | 0.15% | +5,043+49.0% | Added |
| Sheets Smith Wealth Management | 15,591 | $661.7K | 0.07% | +100+0.6% | Added |
| State of Alaska, Department of Revenue | 15,741 | $668.0K | 0.01% | −1,925−10.9% | Reduced |
| Integrated Wealth Concepts LLC | 15,818 | $671.3K | 0.01% | +7,361+87.0% | Added |
| Walleye Capital LLC | 16,062 | $681.7K | 0.00% | +16,062 | New |
| Schonfeld Strategic Advisors LLC | 17,068 | $724.4K | 0.00% | −79,294−82.3% | Reduced |
| State of Wyoming | 17,398 | $738.4K | 0.08% | −10,548−37.7% | Reduced |
| Odyssean, LLC | 17,553 | $744.9K | 0.54% | +17,553 | New |
| Jain Global LLC | 17,706 | $751.4K | 0.01% | +17,706 | New |
| Mirabella Financial Services LLP | 18,075 | $767.1K | 0.07% | +18,075 | New |
| Yorktown Management & Research Co Inc | 18,100 | $768.2K | 0.61% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 18,225 | $773.0K | 0.00% | −28,901−61.3% | Reduced |
| Worldquant Millennium Advisors LLC | 18,263 | $775.1K | 0.00% | +18,263 | New |
| FourThought Financial Partners, LLC | 18,682 | $792.9K | 0.07% | +747+4.2% | Added |
| Janney Montgomery Scott LLC | 18,875 | $801.0K | 0.00% | −484−2.5% | Reduced |
| Summitry LLC | 18,982 | $805.6K | 0.03% | +3,204+20.3% | Added |
| Sequoia Financial Advisors, LLC | 19,166 | $813.4K | 0.00% | +8,105+73.3% | Added |
| Linden Thomas Advisory Services, LLC | 19,392 | $823.0K | 0.08% | +665+3.6% | Added |
| PharVision Advisers, LLC | 19,549 | $829.7K | 0.42% | +1,825+10.3% | Added |
| DekaBank Deutsche Girozentrale | 26,018 | $840.0K | 0.00% | 00.0% | Unchanged |
| Dynamic Technology Lab Private Ltd | 19,958 | $847.0K | 0.19% | +19,958 | New |
| Miracle Mile Advisors, LLC | 20,230 | $858.6K | 0.01% | +314+1.6% | Added |
| Bedel Financial Consulting, Inc. | 20,713 | $879.1K | 0.09% | −1,252−5.7% | Reduced |
| Voleon Capital Management LP | 21,961 | $932.0K | 0.02% | +7,588+52.8% | Added |
| Franklin Resources Inc | 22,141 | $939.7K | 0.00% | −56,561−71.9% | Reduced |
| Pictet Asset Management Holding SA | 22,632 | $960.5K | 0.00% | +1,270+5.9% | Added |
| Fortis Capital Advisors, LLC | 22,901 | $971.9K | 0.14% | +22,901 | New |
| South Dakota Investment Council | 23,057 | $979.0K | 0.02% | −1,700−6.9% | Reduced |
| Trust Point Inc. | 23,405 | $993.3K | 0.08% | −71−0.3% | Reduced |
| HGK Asset Management Inc | 23,511 | $997.8K | 0.15% | +170+0.7% | Added |
| HRT Financial LP | 23,551 | $999.0K | 0.00% | −98,550−80.7% | Reduced |
| JustInvest LLC | 23,596 | $1.00M | 0.01% | +737+3.2% | Added |
| Diversify Wealth Management, LLC | 24,475 | $1.02M | 0.05% | +1,644+7.2% | Added |
| David Loasby | 24,419 | $1.03M | 0.07% | −871−3.4% | Reduced |
| Compass Ion Advisors, LLC | 24,863 | $1.06M | 0.10% | 00.0% | Unchanged |
| Azzad Asset Management Inc | 25,294 | $1.07M | 0.11% | +855+3.5% | Added |
| Concurrent Investment Advisors, LLC | 25,562 | $1.08M | 0.01% | +11,175+77.7% | Added |
| Headlands Technologies LLC | 25,631 | $1.09M | 0.09% | +13,363+108.9% | Added |
| Redwood Investment Management, LLC | 25,779 | $1.09M | 0.12% | +25,779 | New |
| Freestone Grove Partners LP | 25,872 | $1.10M | 0.01% | +25,872 | New |
| Susquehanna International Group, LLP | 26,583 | $1.13M | 0.00% | −10,143−27.6% | Reduced |
| Allianz Asset Management GmbH | 26,679 | $1.13M | 0.00% | +1,046+4.1% | Added |
| MML Investors Services, LLC | 27,366 | $1.16M | 0.00% | +4,706+20.8% | Added |
| Ami Asset Management Corp | 27,555 | $1.17M | 0.07% | −1,884−6.4% | Reduced |
| NorthCrest Asset Manangement, LLC | 27,898 | $1.17M | 0.03% | +67+0.2% | Added |
| West Tower Group, LLC | 27,700 | $1.18M | 2.70% | 00.0% | Unchanged |
| Entropy Technologies, LP | 27,725 | $1.18M | 0.06% | +18,817+211.2% | Added |
| Horizon Investments, LLC | 28,213 | $1.20M | 0.02% | +28,213 | New |
| Belpointe Asset Management LLC | 28,522 | $1.21M | 0.04% | +28,522 | New |
| Hennion & Walsh Asset Management, Inc. | 28,912 | $1.23M | 0.04% | +15,764+119.9% | Added |
| Ameritas Investment Partners, Inc. | 29,085 | $1.23M | 0.04% | −1,191−3.9% | Reduced |
| QSV Equity Investors LLC | 29,405 | $1.25M | 1.85% | −13,949−32.2% | Reduced |
| Kensington Investment Counsel, LLC | 29,802 | $1.26M | 0.51% | −4,385−12.8% | Reduced |
| Credit Agricole S A | 30,980 | $1.31M | 0.00% | −30,003−49.2% | Reduced |
| Oregon Public Employees Retirement Fund | 31,741 | $1.35M | 0.02% | −800−2.5% | Reduced |
| Natixis Advisors, L.P. | 32,811 | $1.39M | 0.00% | −12,561−27.7% | Reduced |
| Cerity Partners LLC | 33,169 | $1.41M | 0.00% | +11,802+55.2% | Added |
| New Mexico Educational Retirement Board | 34,000 | $1.44M | 0.04% | 00.0% | Unchanged |
| Fox Run Management, L.L.C. | 34,295 | $1.46M | 0.22% | +34,295 | New |
| Jump Financial, LLC | 35,225 | $1.49M | 0.02% | −24,375−40.9% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 35,507 | $1.51M | 0.02% | −494−1.4% | Reduced |
| Landscape Capital Management, L.L.C. | 36,174 | $1.54M | 0.10% | +2,012+5.9% | Added |
| Xponance, Inc. | 36,979 | $1.57M | 0.01% | −245−0.7% | Reduced |
| State of Michigan Retirement System | 37,500 | $1.59M | 0.01% | −1,000−2.6% | Reduced |
| ING Groep NV | 39,500 | $1.68M | 0.01% | +39,500 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,714 | $1.69M | 0.01% | −1,738−4.2% | Reduced |
| Marshall Wace, LLP | 40,955 | $1.74M | 0.00% | −456,291−91.8% | Reduced |
| Captrust Financial Advisors | 41,233 | $1.75M | 0.00% | +17,297+72.3% | Added |
| Stifel Financial Corp | 41,378 | $1.76M | 0.00% | −29,052−41.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 42,654 | $1.81M | 0.00% | +42,654 | New |
| Pathstone Holdings, LLC | 43,140 | $1.83M | 0.01% | +2,443+6.0% | Added |
| Louisiana State Employees Retirement System | 43,900 | $1.86M | 0.03% | −1,100−2.4% | Reduced |
| Capital Fund Management S.A. | 44,035 | $1.87M | 0.02% | +44,035 | New |
| Legato Capital Management LLC | 44,117 | $1.87M | 0.16% | +16,722+61.0% | Added |
| Wealth Enhancement Advisory Services, LLC | 44,368 | $1.89M | 0.00% | +15,936+56.0% | Added |
| Arizona State Retirement System | 45,033 | $1.91M | 0.01% | −3,100−6.4% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 46,495 | $1.92M | 0.00% | +22,175+91.2% | Added |
| KLP Kapitalforvaltning AS | 45,900 | $1.95M | 0.01% | 00.0% | Unchanged |
| Dana Investment Advisors, Inc. | 46,294 | $1.96M | 0.06% | +7,595+19.6% | Added |
| Pacer Advisors, Inc. | 46,844 | $1.99M | 0.01% | +25,420+118.7% | Added |
| Capstone Investment Advisors, LLC | 47,830 | $2.03M | 0.02% | +33,506+233.9% | Added |
| Granahan Investment Management Inc | 48,206 | $2.05M | 0.09% | −117,787−71.0% | Reduced |
| CWM, LLC | 48,245 | $2.05M | 0.01% | −25,919−34.9% | Reduced |
| Quantinno Capital Management LP | 48,532 | $2.06M | 0.00% | +12,535+34.8% | Added |