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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
153.5M
+653.1K (+0.4%) vs. Q3 2025
Total value
$6.51B
−$212.2M (−3.2%) vs. Q3 2025
New holders
70
164 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.

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: 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 heldQ4 2025: $6.51B
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, 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
Ensign Peak Advisors, Inc320,586$13.6M0.02%−133,515−29.4%Reduced
Principal Financial Group Inc340,057$14.4M0.01%−17,196−4.8%Reduced
Summit Creek Advisors LLC361,612$15.3M2.41%−15,395−4.1%Reduced
Mercer Global Advisors Inc380,657$16.2M0.02%+20,268+5.6%Added
Loomis Sayles & Co L P384,887$16.3M0.02%−120,987−23.9%Reduced
Jane Street Group, LLC396,380$16.8M0.02%−120,994−23.4%Reduced
Tributary Capital Management, LLC416,347$17.7M1.74%−30,246−6.8%Reduced
Norges Bank452,352$19.2M0.00%+452,352New
UBS Asset Management Americas Inc481,202$20.4M0.00%−52,747−9.9%Reduced
Caisse de Depot Et Placement du Quebec483,332$20.5M0.03%+184,474+61.7%Added
Rhumbline Advisers484,463$20.6M0.02%−18,834−3.7%Reduced
Congress Asset Management Co495,041$21.0M0.15%+56,508+12.9%Added
Smith Group Asset Management, LLC496,661$21.1M1.12%+29,755+6.4%Added
Envestnet Asset Management Inc497,051$21.1M0.01%−124,035−20.0%Reduced
Raymond James Financial Inc503,606$21.4M0.01%−484,762−49.0%Reduced
Point72 Asset Management, L.P.511,773$21.7M0.03%+455,973+817.2%Added
Bessemer Group Inc513,905$21.8M0.03%−185,093−26.5%Reduced
MetLife Investment Management548,990$23.3M0.11%+111,832+25.6%Added
Nordea Investment Management AB552,242$23.6M0.02%+552,242New
Standard Life Aberdeen plc562,437$23.9M0.04%+89,194+18.8%Added
EULAV Asset Management584,065$24.8M0.66%−300.0%Reduced
Tredje AP-fonden614,000$26.1M0.20%−100,000−14.0%Reduced
Voloridge Investment Management, LLC618,139$26.2M0.09%−216,113−25.9%Reduced
Bank of America Corp677,837$28.8M0.00%−229,992−25.3%Reduced
Fort Washington Investment Advisors Inc693,008$29.4M0.16%+108,398+18.5%Added
Amundi716,796$30.4M0.01%−878,461−55.1%Reduced
Algert Global LLC772,114$32.8M0.51%+411,339+114.0%Added
Tudor Investment Corp Et Al923,468$39.2M0.21%−52,426−5.4%Reduced
Barclays PLC931,953$39.6M0.02%+355,750+61.7%Added
BNP Paribas Arbitrage, SA935,783$39.7M0.03%+371,383+65.8%Added
Squarepoint Ops LLC958,811$40.7M0.08%−730,562−43.2%Reduced
Neumeier Poma Investment Counsel LLC994,683$42.2M3.49%−16,350−1.6%Reduced
Wellington Management Group LLP1,030,179$43.7M0.01%−45,050−4.2%Reduced
Price T Rowe Associates Inc1,077,456$45.7M0.00%−809,701−42.9%Reduced
Goldman Sachs Group Inc1,079,776$45.8M0.01%−54,757−4.8%Reduced
UBS Group AG1,091,714$46.3M0.01%+555,382+103.6%Added
Bank of New York Mellon Corp1,114,507$47.3M0.01%−9,673−0.9%Reduced
Schroder Investment Management Group1,126,176$48.1M0.04%−76,931−6.4%Reduced
FIL Ltd1,252,129$53.1M0.04%+448,732+55.9%Added
Invesco Ltd.1,344,565$57.1M0.01%+53,659+4.2%Added
Millennium Management LLC1,351,317$57.3M0.04%+732,299+118.3%Added
Royal Bank of Canada1,371,430$58.2M0.01%−245,670−15.2%Reduced
Nuveen, LLC1,467,134$62.3M0.02%−192,580−11.6%Reduced
Two Sigma Investments, LP1,528,749$64.9M0.10%−92,983−5.7%Reduced
Two Sigma Advisers, LP1,551,400$65.8M0.13%+56,000+3.7%Added
Morgan Stanley1,569,266$66.6M0.00%+77,628+5.2%Added
Hood River Capital Management LLC1,574,133$66.8M0.73%−496,555−24.0%Reduced
Northern Trust Corp1,584,708$67.3M0.01%+2,261+0.1%Added
Charles Schwab Investment Management Inc1,781,306$75.6M0.01%−11,493−0.6%Reduced
D. E. Shaw & Co., Inc.1,881,161$79.8M0.06%+504,529+36.6%Added
Fuller & Thaler Asset Management, Inc.2,161,849$91.7M0.31%−5,861−0.3%Reduced
Nomura Asset Management International Inc.2,360,298$100.2M0.15%+2,360,298New
Mackenzie Financial Corp2,374,549$101.3M0.12%+2,582+0.1%Added
William Blair Investment Management, LLC2,584,072$109.7M0.31%−313,016−10.8%Reduced
Boston Trust Walden Corp2,608,036$110.7M0.84%−113,123−4.2%Reduced
Fenimore Asset Management Inc2,773,142$117.7M2.45%−16,850−0.6%Reduced
Dimensional Fund Advisors LP2,902,412$123.2M0.03%+32,734+1.1%Added
Handelsbanken Fonder AB3,781,036$160.5M0.48%+364,146+10.7%Added
Geode Capital Management, LLC4,045,593$171.7M0.01%+2,356+0.1%Added
AQR Capital Management LLC4,118,625$174.8M0.09%+2,154,652+109.7%Added
Geneva Capital Management LLC4,601,881$195.3M3.67%−395,823−7.9%Reduced
State Street Corp4,725,111$200.5M0.01%−123,986−2.6%Reduced
JPMorgan Chase & Co5,927,793$251.6M0.02%+514,911+9.5%Added
Vanguard Group Inc14,258,782$605.1M0.01%−364,562−2.5%Reduced
FMR LLC14,331,972$608.2M0.03%+5,415,444+60.7%Added
BlackRock, Inc.19,375,581$822.3M0.01%−1,167,361−5.7%Reduced
Macquarie Group Ltd0$00.00%−2,475,803−100.0%Sold out
Atairos Group, Inc.0$00.00%−1,551,970−100.0%Sold out
Massachusetts Financial Services Co0$00.00%−625,081−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−211,412−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−205,347−100.0%Sold out
Oberweis Asset Management Inc0$00.00%−194,400−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−178,606−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−155,612−100.0%Sold out
Navellier & Associates Inc0$00.00%−108,649−100.0%Sold out
Axiom Investors LLC0$00.00%−81,150−100.0%Sold out
Advantage Alpha Capital Partners LP0$00.00%−71,425−100.0%Sold out
Eventide Asset Management, LLC0$00.00%−41,160−100.0%Sold out
Integrated Quantitative Investments LLC0$00.00%−38,123−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−31,119−100.0%Sold out
Natixis0$00.00%−26,419−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−25,830−100.0%Sold out
Neo Ivy Capital Management0$00.00%−25,542−100.0%Sold out
Oak Thistle LLC0$00.00%−24,365−100.0%Sold out
Aigen Investment Management, LP0$00.00%−21,441−100.0%Sold out
Lecap Asset Management Ltd0$00.00%−21,339−100.0%Sold out
Pitcairn Co0$00.00%−15,936−100.0%Sold out
Empowered Funds, LLC0$00.00%−14,758−100.0%Sold out
Scientech Research LLC0$00.00%−13,632−100.0%Sold out
Henshaw Capital LLC0$00.00%−12,679−100.0%Sold out
Commerce Bank0$00.00%−12,652−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−11,800−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−11,661−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−9,767−100.0%Sold out
XTX Topco Ltd0$00.00%−8,754−100.0%Sold out
Versor Investments LP0$00.00%−8,244−100.0%Sold out
Winton Group Ltd0$00.00%−8,000−100.0%Sold out
Axxcess Wealth Management, LLC0$00.00%−7,999−100.0%Sold out
Brighton Jones LLC0$00.00%−7,336−100.0%Sold out
Private Advisor Group, LLC0$00.00%−6,038−100.0%Sold out