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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
New Age Alpha Advisors, LLC7,182$304.8K0.01%−809−10.1%Reduced
Callan Family Office, LLC7,148$303.4K0.01%+7,148New
Bridgewater Associates, LP7,126$302.4K0.00%−103,671−93.6%Reduced
Sivia Capital Partners, LLC7,077$300.3K0.06%+7,077New
Diversified Trust Co7,070$300.1K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC6,907$293.1K0.01%+880+14.6%Added
Portside Wealth Group, LLC6,882$292.1K0.04%+692+11.2%Added
Park Avenue Securities LLC6,835$290.0K0.00%−41−0.6%Reduced
Atria Investments LLC6,773$287.4K0.00%+948+16.3%Added
Norden Group LLC6,758$286.8K0.03%−81−1.2%Reduced
Ethic Inc.6,502$275.9K0.00%+903+16.1%Added
Sanctuary Advisors, LLC6,460$274.2K0.00%−1,566−19.5%Reduced
ProShare Advisors LLC6,364$270.1K0.00%−508−7.4%Reduced
ISAM Funds (UK) Ltd6,323$268.3K0.10%+6,323New
M&T Bank Corp6,274$266.5K0.00%+1,621+34.8%Added
Institute for Wealth Management, LLC.6,233$264.5K0.03%−136−2.1%Reduced
AlphaGrep UK Ltd6,223$264.1K0.09%+6,223New
Exchange Traded Concepts, LLC6,206$263.4K0.00%+3,301+113.6%Added
Two Sigma Securities, LLC6,097$258.8K0.04%+6,097New
Journey Strategic Wealth LLC5,992$254.3K0.01%+112+1.9%Added
Fifth Third Wealth Advisors LLC5,973$253.5K0.01%+13+0.2%Added
Pallas Capital Advisors LLC5,948$252.4K0.01%+5,948New
PensionDanmark Pensionsforsikringsaktieselskab5,850$248.3K0.00%+5,850New
Virginia Retirement Systems Et Al5,800$246.2K0.00%−16,600−74.1%Reduced
Shaker Investments LLC5,623$238.6K0.10%−7,996−58.7%Reduced
Graham Capital Management, L.P.5,610$238.1K0.01%+5,610New
North Dakota State Investment Board5,565$236.2K0.01%+5,565New
Envestnet Portfolio Solutions, Inc.5,541$235.2K0.00%+125+2.3%Added
Evergreen Capital Management LLC5,485$232.8K0.01%−1,604−22.6%Reduced
Rockefeller Capital Management L.P.5,463$231.8K0.00%+1,294+31.0%Added
Wiley Bros.-Aintree Capital, LLC5,440$230.9K0.00%−257−4.5%Reduced
Riverwater Partners LLC5,411$229.6K0.09%+5,411New
Aster Capital Management (DIFC) Ltd5,396$229.0K0.10%+2,439+82.5%Added
MeadowBrook Investment Advisors LLC5,335$226.4K0.19%00.0%Unchanged
Shelton Capital Management5,238$222.3K0.00%−539−9.3%Reduced
CIBC Asset Management Inc5,237$222.3K0.00%00.0%Unchanged
Alta Capital Management LLC5,217$221.4K0.01%−134−2.5%Reduced
Claret Asset Management Corp5,204$221.0K0.03%−13−0.2%Reduced
Krilogy Financial LLC5,166$220.4K0.01%+5,166New
Guggenheim Capital LLC5,188$220.2K0.00%−4,975−49.0%Reduced
Occudo Quantitative Strategies LP5,163$219.1K0.01%−1,353−20.8%Reduced
MQS Management LLC5,162$219.1K0.13%+384+8.0%Added
Nisa Investment Advisors, LLC5,155$218.8K0.00%−473−8.4%Reduced
Legacy Capital Wealth Partners, LLC5,025$213.3K0.05%−252−4.8%Reduced
VisionPoint Advisory Group, LLC4,996$212.0K0.04%+4,996New
Heritage Family Offices, LLP4,995$212.0K0.10%−557−10.0%Reduced
Forum Financial Management, LP4,995$212.0K0.00%−3−0.1%Reduced
Aristides Capital LLC4,920$208.8K0.07%+4,920New
Manchester Capital Management LLC4,855$206.0K0.03%00.0%Unchanged
Covestor Ltd4,640$197.0K0.10%+881+23.4%Added
Bayforest Capital Ltd4,522$191.9K0.14%−8,992−66.5%Reduced
Central Pacific Bank - Trust Division4,461$189.3K0.02%00.0%Unchanged
KBC Group NV4,440$188.0K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.4,125$175.1K0.00%−55−1.3%Reduced
TD Private Client Wealth LLC4,080$173.2K0.00%+616+17.8%Added
GAMMA Investing LLC3,944$167.4K0.01%+643+19.5%Added
STRS Ohio3,697$156.9K0.00%−87−2.3%Reduced
Kestra Advisory Services, LLC3,406$144.6K0.00%+3,406New
Quarry LP3,380$143.4K0.02%−1,880−35.7%Reduced
Farther Finance Advisors, LLC3,048$129.4K0.00%+2,256+284.8%Added
IFP Advisors, Inc3,025$128.4K0.00%−1,483−32.9%Reduced
Los Angeles Capital Management LLC3,126$125.7K0.00%−3,505−52.9%Reduced
Arcadia Investment Management Corp2,764$117.3K0.02%00.0%Unchanged
Umb Bank N A2,647$112.3K0.00%+482+22.3%Added
Sunbelt Securities, Inc.2,278$96.7K0.01%+90+4.1%Added
Assetmark, Inc2,208$93.7K0.00%−397−15.2%Reduced
Fifth Third Bancorp1,982$84.1K0.00%+259+15.0%Added
SageView Advisory Group, LLC1,973$83.7K0.00%+1,973New
NBC Securities, Inc.1,740$73.8K0.01%−225−11.5%Reduced
Pinnacle Wealth Planning Services, Inc.1,683$71.4K0.01%+1,683New
First Horizon Corp1,559$66.2K0.00%+834+115.0%Added
Parallel Advisors, LLC1,383$58.7K0.00%+81+6.2%Added
Leonteq Securities AG1,382$58.7K0.00%−532−27.8%Reduced
Huntington National Bank1,346$57.1K0.00%−50−3.6%Reduced
Hantz Financial Services, Inc.1,353$57.0K0.00%+875+183.1%Added
Danske Bank A/S1,300$55.2K0.00%−243,998−99.5%Reduced
CIBC Private Wealth Group, LLC1,234$52.4K0.00%−349−22.0%Reduced
Allworth Financial LP1,192$50.6K0.00%−889−42.7%Reduced
Sterling Capital Management LLC1,105$46.9K0.00%+865+360.4%Added
Signature Equity Partners, LLC971$41.2K0.02%+971New
Whittier Trust Co951$40.3K0.00%−13−1.3%Reduced
Whittier Trust Co of Nevada Inc898$38.0K0.00%−11−1.2%Reduced
Essential Partners LLC841$35.7K0.01%−754−47.3%Reduced
Versant Capital Management, Inc786$33.4K0.00%+559+246.3%Added
V-Square Quantitative Management LLC773$32.8K0.00%+773New
Private Trust Co NA717$30.4K0.00%+258+56.2%Added
True Wealth Design, LLC706$30.0K0.01%+257+57.2%Added
Transamerica Financial Advisors, Inc.678$28.8K0.00%+502+285.2%Added
Strategic Advocates LLC656$28.0K0.01%−711−52.0%Reduced
Clearstead Advisors, LLC617$26.2K0.00%−143−18.8%Reduced
Central Trust Co611$25.9K0.00%−21−3.3%Reduced
Root Financial Partners, LLC601$25.5K0.00%+51+9.3%Added
Massmutual Trust Co FSB560$23.8K0.00%+282+101.4%Added
Osterweis Capital Management Inc550$23.3K0.00%00.0%Unchanged
Eurizon Capital SGR S.p.A.510$21.8K0.00%+510New
Maseco LLP456$19.4K0.00%+456New
National Bank of Canada443$18.8K0.00%+443New
SJS Investment Consulting Inc.434$18.4K0.00%+417+2,452.9%Added
Signaturefd, LLC406$17.2K0.00%+113+38.6%Added
Eurizon SLJ Capital Ltd391$16.6K0.01%+391New