ExlService Holdings, Inc. - COMMON STOCK (EXLS) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / COMMON STOCK
Symbol
EXLS on Nasdaq
Shares outstanding
159,244,135
Price per share
$42.48
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
153,163,625
Total reported value
$6,500,270,050
% of total 13F portfolios
0%
Share change
-1,909,845
Value change
-$91,185,678
Number of holders
456
Price from insider filings
$42.48
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of ExlService Holdings, Inc. - COMMON STOCK (EXLS) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 9.5% -19% $676,000,024 -$163,051,277 15,437,315 -19% BlackRock, Inc. 30 Jun 2025
VANGUARD GROUP INC 9.1% $650,367,591 14,851,966 The Vanguard Group 30 Jun 2025
FMR LLC 9% +70% $608,248,896 +$229,831,443 14,331,972 +61% FMR LLC 31 Dec 2025

As of 31 Dec 2025, 456 institutional investors reported holding 153,163,625 shares of ExlService Holdings, Inc. - COMMON STOCK (EXLS). This represents 96% of the company’s total 159,244,135 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of ExlService Holdings, Inc. - COMMON STOCK (EXLS) together control 67% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 12% 19,375,581 -5.7% 0.01% $822,299,645
FMR LLC 9% 14,331,972 +61% 0.03% $608,248,895
VANGUARD GROUP INC 9% 14,258,782 -2.5% 0.01% $605,142,707
JPMORGAN CHASE & CO 3.7% 5,927,793 +9.5% 0.02% $251,575,565
STATE STREET CORP 3% 4,725,111 -2.6% 0.01% $200,533,711
GENEVA CAPITAL MANAGEMENT LLC 2.9% 4,601,881 -7.9% 3.7% $195,303,819
AQR CAPITAL MANAGEMENT LLC 2.6% 4,118,625 +110% 0.09% $174,794,463
GEODE CAPITAL MANAGEMENT, LLC 2.5% 4,045,593 +0.06% 0.01% $171,719,797
Handelsbanken Fonder AB 2.4% 3,781,036 +11% 0.48% $160,467,000
DIMENSIONAL FUND ADVISORS LP 1.8% 2,902,412 +1.1% 0.03% $123,180,895
Fenimore Asset Management Inc 1.7% 2,773,142 -0.6% 2.5% $117,692,146
Boston Trust Walden Corp 1.6% 2,608,036 -4.2% 0.84% $110,685,048
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 1.6% 2,584,072 -11% 0.31% $109,668,016
MACKENZIE FINANCIAL CORP 1.5% 2,374,549 +0.11% 0.12% $101,312,260
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 1.5% 2,360,298 0% 0.15% $100,171,000
FULLER & THALER ASSET MANAGEMENT, INC. 1.4% 2,161,849 -0.27% 0.31% $91,748,856
D. E. Shaw & Co., Inc. 1.2% 1,881,161 +37% 0.06% $79,836,473
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.1% 1,781,306 -0.64% 0.01% $75,598,627
NORTHERN TRUST CORP 1% 1,584,708 +0.14% 0.01% $67,255,007
Hood River Capital Management LLC 0.99% 1,574,133 -24% 0.73% $66,806,205
MORGAN STANLEY 0.99% 1,569,266 +5.2% 0% $66,599,698
TWO SIGMA ADVISERS, LP 0.97% 1,551,400 +3.7% 0.13% $65,841,416
TWO SIGMA INVESTMENTS, LP 0.96% 1,528,749 -5.7% 0.1% $64,880,108
Nuveen, LLC 0.92% 1,467,134 -12% 0.02% $62,265,167
ROYAL BANK OF CANADA 0.86% 1,371,430 -15% 0.01% $58,204,000

Institutional Holders of ExlService Holdings, Inc. - COMMON STOCK (EXLS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 153,163,625 $6,500,270,050 -$91,185,678 $42.44 456
2025 Q3 153,508,464 $6,755,963,765 -$83,022,092 $44.03 463
2025 Q2 154,712,528 $6,775,039,861 +$17,196,230 $43.79 456
2025 Q1 154,337,817 $7,285,682,527 +$10,235,340 $47.21 448
2024 Q4 153,981,455 $6,834,093,935 +$83,915,696 $44.38 412
2024 Q3 151,943,436 $5,801,634,771 -$41,692,753 $38.15 358
2024 Q2 153,532,114 $4,814,632,814 -$82,104,184 $31.36 343
2024 Q1 156,325,142 $4,971,927,985 +$76,356,948 $31.80 332
2023 Q4 154,024,660 $4,751,635,971 -$85,798,396 $30.85 335
2023 Q3 156,676,097 $4,389,820,304 +$3,359,053,300 $28.04 325
2023 Q2 31,662,197 $4,783,394,529 +$77,154,638 $151.06 324
2023 Q1 31,195,850 $5,048,427,769 -$4,710,436 $161.83 337
2022 Q4 31,329,282 $5,308,203,627 -$128,904,647 $169.43 330
2022 Q3 32,135,337 $4,735,937,952 -$86,208,483 $147.36 304
2022 Q2 32,525,959 $4,792,368,710 +$103,452,673 $147.33 292
2022 Q1 32,087,812 $4,595,849,636 +$103,240,008 $143.27 286
2021 Q4 31,435,025 $4,549,958,111 -$77,611,192 $144.77 283
2021 Q3 31,924,458 $3,930,529,957 -$34,486,355 $123.12 256
2021 Q2 32,198,527 $3,421,620,867 -$2,667,474 $106.26 219
2021 Q1 32,256,987 $2,908,988,177 +$8,952,685 $90.16 222
2020 Q4 32,174,017 $2,739,053,427 -$13,992,529 $85.13 217
2020 Q3 32,449,586 $2,141,167,552 -$46,657,078 $65.97 212
2020 Q2 33,090,187 $2,097,428,896 +$75,441,906 $63.40 196
2020 Q1 32,027,986 $1,666,470,045 -$53,475,556 $52.03 210
2019 Q4 31,945,766 $2,219,106,474 -$1,143,924 $69.46 210
2019 Q3 31,894,318 $2,135,562,359 -$15,828,953 $66.96 207
2019 Q2 32,133,099 $2,124,866,601 +$29,167,621 $66.13 199
2019 Q1 31,960,075 $1,918,331,525 -$21,093,830 $60.02 197
2018 Q4 32,337,493 $1,700,511,844 +$789,198 $52.62 190
2018 Q3 32,275,180 $2,136,323,470 +$24,232,126 $66.20 190
2018 Q2 31,961,769 $1,809,641,350 +$12,026,118 $56.61 195
2018 Q1 31,771,492 $1,772,007,875 +$4,142,598 $55.77 202
2017 Q4 31,643,325 $1,909,749,309 -$9,881,164 $60.35 208
2017 Q3 31,754,414 $1,852,050,380 -$24,287,496 $58.32 183
2017 Q2 32,306,450 $1,795,452,827 +$10,013,225 $55.58 170
2017 Q1 32,242,557 $1,527,024,659 +$189,340,045 $47.36 169
2016 Q4 31,895,621 $1,608,756,626 +$5,197,412 $50.44 172
2016 Q3 31,763,705 $1,582,563,539 -$6,248,966 $49.84 171
2016 Q2 31,729,422 $1,662,837,382 +$35,508,363 $52.41 174
2016 Q1 31,554,965 $1,634,881,212 -$6,559,645 $51.80 180
2015 Q4 31,767,771 $1,426,564,669 +$39,703,134 $44.93 169
2015 Q3 31,834,141 $1,175,618,564 +$10,902,136 $36.93 135
2015 Q2 31,568,467 $1,091,603,777 -$790,816 $34.58 135
2015 Q1 31,518,764 $1,172,063,583 +$23,864,754 $37.20 135
2014 Q4 31,037,981 $891,278,237 +$6,110,122 $28.71 136
2014 Q3 30,825,626 $752,489,121 +$24,410,759 $24.41 130
2014 Q2 29,788,319 $877,152,537 +$16,268,831 $29.45 125
2014 Q1 29,905,310 $924,246,168 +$5,180,622 $30.91 122