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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, Q1 2026

Institutional positions in ExlService Holdings, Inc. as of Mar 31, 2026. 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
464
+5 vs. Q4 2025
Shares held
152.8M
+14.1M (+10.2%) vs. Q4 2025
Total value
$4.66B
−$1.23B (−20.9%) vs. Q4 2025
New holders
89
203 more added
Sold out
84
135 more reduced

7 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 464 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 heldQ1 2026: $4.66B
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, Q1 2026

Shares, value and share of portfolio for each institution holding ExlService Holdings, Inc.; share changes are against Q4 2025.

Institutions holding EXLS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Occudo Quantitative Strategies LP153,080$4.88M0.27%+147,917+2,864.9%Added
Worldquant Millennium Advisors LLC160,203$4.88M0.02%+141,940+777.2%Added
Counterpoint Mutual Funds LLC156,536$4.77M0.72%+156,536New
LPL Financial LLC154,752$4.71M0.00%−12,707−7.6%Reduced
Deutsche Bank AG153,938$4.69M0.00%+37,933+32.7%Added
Prudential Financial Inc149,425$4.55M0.01%+26,550+21.6%Added
Van Eck Associates Corp145,249$4.42M0.00%+5,270+3.8%Added
Foyston, Gordon, & Payne Inc144,370$4.40M1.01%+43,968+43.8%Added
Ieq Capital, LLC143,706$4.38M0.02%+80,908+128.8%Added
Vanguard Asset Management, Ltd142,384$4.34M0.00%+142,384New
Wells Fargo & Company142,010$4.32M0.00%−47,612−25.1%Reduced
American Century Companies Inc138,372$4.21M0.00%+13,179+10.5%Added
CWM, LLC136,818$4.17M0.01%+88,573+183.6%Added
Man Group plc126,093$3.84M0.01%−91,088−41.9%Reduced
Univest Financial Corp126,092$3.84M0.22%+27,091+27.4%Added
Weiss Asset Management LP124,600$3.79M0.07%+124,600New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.122,221$3.72M0.00%−55,144−31.1%Reduced
Raymond James Financial Inc114,947$3.50M0.00%−388,659−77.2%Reduced
OP Asset Management Ltd112,068$3.41M0.04%+79,121+240.1%Added
Manufacturers Life Insurance Company, The109,564$3.34M0.00%−6,275−5.4%Reduced
Bank of Montreal109,225$3.33M0.00%+26,300+31.7%Added
Voleon Capital Management LP109,171$3.32M0.07%+87,210+397.1%Added
Squarepoint Ops LLC109,108$3.32M0.01%−849,703−88.6%Reduced
Capital Fund Management S.A.106,578$3.25M0.03%+62,543+142.0%Added
Bridge City Capital, LLC103,535$3.15M0.87%−44,097−29.9%Reduced
Cerity Partners LLC98,715$3.01M0.00%+65,546+197.6%Added
one8zero8, LLC98,600$3.00M0.67%−11,700−10.6%Reduced
Advisor Group Holdings, Inc.97,619$2.97M0.00%+11,713+13.6%Added
Illinois Municipal Retirement Fund96,259$2.93M0.04%−2,021−2.1%Reduced
New York State Common Retirement Fund95,662$2.91M0.00%−7,400−7.2%Reduced
Rothschild Investment LLC95,642$2.91M0.15%+29,748+45.1%Added
Susquehanna Fundamental Investments, LLC94,969$2.89M0.11%+19,998+26.7%Added
Natixis91,571$2.79M0.01%+91,571New
Lazard Asset Management LLC91,551$2.79M0.00%+29,323+47.1%Added
Great West Life Assurance Co91,277$2.78M0.00%−310.0%Reduced
Crossmark Global Holdings, Inc.90,798$2.76M0.04%+13,851+18.0%Added
Kestrel Investment Management Corp86,500$2.63M1.57%+86,500New
Livforsakringsbolaget Skandia, Omsesidigt85,400$2.60M0.10%+85,400New
Zurcher Kantonalbank (Zurich Cantonalbank)84,396$2.57M0.01%+28,789+51.8%Added
First National Bank of Omaha82,451$2.51M0.08%+11,188+15.7%Added
Bank of Nova Scotia80,700$2.46M0.00%+21,028+35.2%Added
Schonfeld Strategic Advisors LLC80,464$2.45M0.02%+63,396+371.4%Added
Captrust Financial Advisors80,323$2.45M0.00%+39,090+94.8%Added
Campbell Newman Asset Management Inc78,085$2.38M0.19%+1,400+1.8%Added
State of Tennessee, Treasury Department77,442$2.36M0.01%00.0%Unchanged
Amalgamated Bank75,090$2.29M0.02%−61−0.1%Reduced
State of New Jersey Common Pension Fund D73,954$2.25M0.01%+18,322+32.9%Added
Cetera Investment Advisers73,380$2.23M0.00%−2,712−3.6%Reduced
Jump Financial, LLC72,800$2.22M0.03%+37,575+106.7%Added
Elo Mutual Pension Insurance Co72,477$2.21M0.04%+22,386+44.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH71,596$2.18M0.00%−119,085−62.5%Reduced
Dana Investment Advisors, Inc.70,775$2.16M0.06%+24,481+52.9%Added
Sciencast Management LP68,883$2.10M0.27%+13,380+24.1%Added
Janus Henderson Group PLC68,425$2.08M0.00%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC91,560$2.03M0.00%+47,192+106.4%Added
Treasurer of the State of North Carolina66,079$2.01M0.01%+1,410+2.2%Added
New York State Teachers Retirement System65,389$1.99M0.00%−5,750−8.1%Reduced
Freestone Grove Partners LP65,314$1.99M0.01%+39,442+152.5%Added
Police & Firemen's Retirement System of New Jersey64,487$1.96M0.02%+915+1.4%Added
Vanguard Global Advisers, LLC64,383$1.96M0.00%+64,383New
Granahan Investment Management Inc63,086$1.92M0.09%+14,880+30.9%Added
Natixis Advisors, L.P.60,019$1.83M0.00%+27,208+82.9%Added
Thrivent Financial for Lutherans59,607$1.81M0.00%−329−0.5%Reduced
Allstate Corp56,962$1.73M0.02%+56,962New
Horizon Investments, LLC56,645$1.72M0.02%+28,432+100.8%Added
State Board of Administration of Florida Retirement System56,593$1.72M0.00%00.0%Unchanged
KLP Kapitalforvaltning AS54,900$1.67M0.01%+9,000+19.6%Added
Aquatic Capital Management LLC54,770$1.67M0.05%+54,770New
Holocene Advisors, LP54,383$1.66M0.00%+54,383New
Fifth Third Bancorp52,166$1.59M0.00%+50,184+2,532.0%Added
Teacher Retirement System of Texas50,575$1.54M0.01%−110,927−68.7%Reduced
Teachers Retirement System of the State of Kentucky50,013$1.52M0.01%00.0%Unchanged
Collaborative Fund Advisors, LLC49,736$1.51M0.94%+49,736New
Pacer Advisors, Inc.48,062$1.46M0.00%+1,218+2.6%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.47,677$1.45M0.00%+1,182+2.5%Added
Yousif Capital Management, LLC46,455$1.41M0.02%−3,020−6.1%Reduced
Quadrature Capital Ltd46,429$1.41M0.02%+46,429New
Public Employees Retirement System of Ohio46,377$1.41M0.00%−4,957−9.7%Reduced
Louisiana State Employees Retirement System45,600$1.39M0.02%+1,700+3.9%Added
Headlands Technologies LLC45,509$1.39M0.16%+19,878+77.6%Added
Stifel Financial Corp43,632$1.33M0.00%+2,254+5.4%Added
Arizona State Retirement System43,592$1.33M0.01%−1,441−3.2%Reduced
Colony Group, LLC43,122$1.32M0.00%+34,991+430.3%Added
ING Groep NV41,300$1.26M0.01%+1,800+4.6%Added
Fox Run Management, L.L.C.40,694$1.24M0.22%+6,399+18.7%Added
HighTower Advisors, LLC39,902$1.22M0.00%−38,020−48.8%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys39,374$1.20M0.01%−340−0.9%Reduced
Diversify Wealth Management, LLC38,163$1.19M0.02%+13,688+55.9%Added
Vanguard Investments Australia, Ltd.39,030$1.19M0.00%+39,030New
Zions Bancorporation, National Association38,898$1.18M0.08%−21,606−35.7%Reduced
Linden Thomas Advisory Services, LLC38,360$1.17M0.11%+18,968+97.8%Added
Aster Capital Management (DIFC) Ltd24,508$1.16M0.38%+19,112+354.2%Added
Macquarie Group Ltd37,983$1.16M0.01%+37,983New
State of Michigan Retirement System37,800$1.15M0.01%+300+0.8%Added
Jones Financial Companies LLLP38,495$1.15M0.00%+30,928+408.7%Added
Virginia Retirement Systems Et Al37,500$1.14M0.01%+31,700+546.6%Added
Lecap Asset Management Ltd37,465$1.14M0.43%+37,465New
Xponance, Inc.37,428$1.14M0.01%+449+1.2%Added
2Xideas AG36,052$1.10M0.43%−58,983−62.1%Reduced
Pathstone Holdings, LLC35,660$1.09M0.00%−7,480−17.3%Reduced