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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
SRS Capital Advisors, Inc.383$16.3K0.00%−28,962−98.7%Reduced
SOA Wealth Advisors, LLC.350$14.9K0.00%00.0%Unchanged
Acumen Wealth Advisors, LLC309$13.1K0.00%+309New
Smartleaf Asset Management LLC297$12.7K0.00%−3,439−92.1%Reduced
Keating Financial Advisory Services, Inc.260$11.0K0.00%+260New
Activest Wealth Management256$10.9K0.00%+256New
Parkside Financial Bank & Trust245$10.4K0.00%+48+24.4%Added
SBI Securities Co., Ltd.213$9.04K0.00%+189+787.5%Added
Private Wealth Management Group, LLC199$8.45K0.00%00.0%Unchanged
MAI Capital Management179$7.60K0.00%+160+842.1%Added
Millstone Evans Group, LLC159$6.75K0.00%00.0%Unchanged
Simplex Trading, LLC155$6.58K0.00%−3,228−95.4%Reduced
Bell Investment Advisors, Inc150$6.37K0.00%00.0%Unchanged
Farmers & Merchants Investments Inc138$5.86K0.00%00.0%Unchanged
Brown Brothers Harriman & Co135$5.73K0.00%+135New
JFS Wealth Advisors, LLC123$5.22K0.00%+35+39.8%Added
Annis Gardner Whiting Capital Advisors, LLC101$4.29K0.00%+101New
T. Rowe Price Investment Management, Inc.75$4.00K0.00%−15−16.7%Reduced
MJT & Associates Financial Advisory Group, Inc.90$3.82K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC77$3.27K0.00%+19+32.8%Added
Colonial Trust Co62$2.62K0.00%00.0%Unchanged
Retirement Wealth Solutions LLC59$2.50K0.00%+8+15.7%Added
Capital Advisors, Ltd. LLC42$2.00K0.00%00.0%Unchanged
Strategic Wealth Partners, Ltd.45$1.91K0.00%+15+50.0%Added
High Note Wealth, LLC45$1.91K0.00%+45New
Webster Bank, N. A.44$1.87K0.00%00.0%Unchanged
Kilter Group LLC42$1.78K0.00%+42New
WPG Advisers, LLC42$1.78K0.00%−128−75.3%Reduced
Quent Capital, LLC42$1.78K0.00%−108−72.0%Reduced
J.Safra Asset Management Corp39$1.66K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC36$1.53K0.00%00.0%Unchanged
Crewe Advisors LLC35$1.49K0.00%+35New
Northwestern Mutual Wealth Management Co35$1.49K0.00%−103−74.6%Reduced
Ancora Advisors, LLC34$1.44K0.00%+34New
Basecamp Wealth Advisors LLC34$1.44K0.00%+34New
Fortitude Family Office, LLC31$1.32K0.00%−13−29.5%Reduced
Picton Mahoney Asset Management31$1.32K0.00%00.0%Unchanged
Financial Network Wealth Advisors LLC30$1.27K0.00%00.0%Unchanged
Cromwell Holdings LLC28$1.19K0.00%+28New
Cullen/Frost Bankers, Inc.27$1.15K0.00%00.0%Unchanged
Greenline Wealth Management LLC26$1.08K0.00%+26New
Harvest Fund Management Co., Ltd19$1.00K0.00%−4,691−99.6%Reduced
DiNuzzo Private Wealth, Inc.23$9770.00%−1−4.2%Reduced
GWM Advisors LLC22$9340.00%00.0%Unchanged
Flagship Harbor Advisors, LLC20$8490.00%+20New
Cornerstone Financial Management LLC19$8060.00%+19New
Elyxium Wealth, LLC17$7210.00%+17New
Principia Wealth Advisory, LLC15$6370.00%+13+650.0%Added
Spire Wealth Management14$5900.00%−46−76.7%Reduced
Optima Capital LLC13$5520.00%+13New
Rialto Wealth Management, LLC12$5100.00%+3+33.3%Added
Bay Harbor Wealth Management, LLC12$5090.00%+4+50.0%Added
USA Financial Portformulas Corp12$5090.00%+12New
Larson Financial Group LLC11$4670.00%00.0%Unchanged
HFM Investment Advisors, LLC9$3820.00%+1+12.5%Added
SHP Wealth Management8$3400.00%+8New
Quaker Wealth Management, LLC5$2130.00%+5New
Rakuten Securities, Inc.5$2120.00%00.0%Unchanged
Dunhill Financial, LLC4$1500.00%+4New
MV Capital Management, Inc.3$1280.00%00.0%Unchanged
TD Waterhouse Canada Inc.3$1270.00%+2+200.0%Added
Rossby Financial, LCC3$1270.00%+3New
Cornerstone Planning Group LLC3$1190.00%+3New
Hughes Financial Services, LLC2$850.00%+2New
Concord Wealth Partners1$420.00%00.0%Unchanged
Toronto Dominion Bank1$300.00%+1New
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