Who owns ExlService Holdings (EXLS)
Which tracked institutional funds hold EXLS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See EXLS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
84 tracked funds added or opened EXLS while 168 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
EXLS’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes EXLS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in EXLS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 413 tracked filers holding EXLS, 202 increased or opened the position and 289 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in EXLS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 26
- SG Capital Management LLC$16M
- BALYASNY ASSET MANAGEMENT L.P.$12M
- OSSIAM$8M
- Buck Wealth Strategies, LLC$8M
- Y-Intercept (Hong Kong) Ltd$6M
- Cinctive Capital Management LP$4M
Full exits 40
- Handelsbanken Fonder AB$83M
- Alyeska Investment Group, L.P.$35M
- Amundi$23M
- SG Americas Securities, LLC$12M
- OAK RIDGE INVESTMENTS LLC$7M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$7M
Largest adds
- CITADEL ADVISORS LLC$42M
- Invesco Ltd.$35M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$33M
- Qube Research & Technologies Ltd$25M
- UBS Group AG$25M
- GOLDMAN SACHS GROUP INC$22M
Largest trims
- AQR CAPITAL MANAGEMENT LLC$129M
- MACKENZIE FINANCIAL CORP$75M
- JPMORGAN CHASE & CO$58M
- FMR LLC$49M
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC.$44M
- GENEVA CAPITAL MANAGEMENT LLC$41M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 18,885,133 | $488M | 13.4% | 2026-Q2 |
| FMR LLC added | 13,885,274 | $359M | 9.8% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 6,812,609 | $171M | 4.7% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 6,645,767 | $172M | 4.7% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 6,481,862 | $168M | 4.6% | 2026-Q2 |
| STATE STREET CORP added | 4,869,434 | $126M | 3.4% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 4,071,771 | $105M | 2.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 4,021,556 | $104M | 2.8% | 2026-Q2 |
| GENEVA CAPITAL MANAGEMENT LLC trimmed | 3,437,491 | $89M | 2.4% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 3,255,149 | $84M | 2.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 3,202,977 | $83M | 2.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,913,971 | $75M | 2.1% | 2026-Q2 |
| NORGES BANK added | 2,835,901 | $73M | 2.0% | 2026-Q2 |
| MORGAN STANLEY added | 2,608,478 | $67M | 1.8% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 2,294,741 | $59M | 1.6% | 2026-Q2 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 2,242,801 | $58M | 1.6% | 2026-Q2 |
| UBS Group AG added | 2,137,801 | $55M | 1.5% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,039,999 | $53M | 1.4% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 1,943,191 | $50M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,940,480 | $50M | 1.4% | 2026-Q2 |
| Invesco Ltd. added | 1,885,750 | $49M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,863,465 | $48M | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,796,428 | $46M | 1.3% | 2026-Q2 |
| Fenimore Asset Management Inc trimmed | 1,716,983 | $44M | 1.2% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 1,672,177 | $43M | 1.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,486,123 | $38M | 1.1% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,468,418 | $38M | 1.0% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 1,459,020 | $37M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,361,025 | $35M | 1.0% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL added | 1,257,551 | $33M | 0.9% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,212,665 | $31M | 0.9% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,202,096 | $31M | 0.9% | 2026-Q2 |
| MARSHALL WACE, LLP added | 1,029,164 | $27M | 0.7% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 975,027 | $25M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 964,040 | $25M | 0.7% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 904,267 | $24M | 0.7% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 864,584 | $22M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 810,429 | $21M | 0.6% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 748,471 | $19M | 0.5% | 2026-Q2 |
| BANK OF NOVA SCOTIA added | 689,135 | $18M | 0.5% | 2026-Q2 |
| SG Capital Management LLC added | 600,000 | $16M | 0.4% | 2026-Q2 |
| EULAV Asset Management | 584,065 | $15M | 0.4% | 2026-Q2 |
| CITIGROUP INC added | 557,648 | $14M | 0.4% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 540,554 | $14M | 0.4% | 2026-Q2 |
| Tributary Capital Management, LLC trimmed | 530,225 | $14M | 0.4% | 2026-Q2 |
| ALGERT GLOBAL LLC trimmed | 522,761 | $14M | 0.4% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 521,148 | $13M | 0.4% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 513,469 | $13M | 0.4% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 505,204 | $13M | 0.4% | 2026-Q2 |
| Boston Trust Walden Corp trimmed | 493,817 | $13M | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 465,216 | $12M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 463,989 | $12M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 456,253 | $12M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 449,681 | $12M | 0.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 440,632 | $11M | 0.3% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 419,288 | $11M | 0.3% | 2026-Q2 |
| BARCLAYS PLC added | 414,309 | $11M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 413,085 | $11M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System added | 376,668 | $10M | 0.3% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 373,891 | $10M | 0.3% | 2026-Q2 |
| NATIXIS added | 358,315 | $9M | 0.3% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 346,677 | $9M | 0.2% | 2026-Q2 |
| Aberdeen Group plc | 340,076 | $9M | 0.2% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 332,105 | $9M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 330,181 | $8M | 0.2% | 2026-Q2 |
| OSSIAM new | 326,000 | $8M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 323,819 | $10M | 0.3% | 2026-Q2 |
| RENAISSANCE GROUP LLC added | 310,542 | $8M | 0.2% | 2026-Q2 |
| NEUMEIER POMA INVESTMENT COUNSEL LLC added | 309,798 | $8M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 305,940 | $8M | 0.2% | 2026-Q2 |
| Buck Wealth Strategies, LLC new | 301,726 | $8M | 0.2% | 2026-Q2 |
| Leeward Investments, LLC - MA trimmed | 289,247 | $7M | 0.2% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 289,224 | $7M | 0.2% | 2026-Q2 |
| Man Group plc added | 281,431 | $7M | 0.2% | 2026-Q2 |
| Jump Financial, LLC added | 258,541 | $7M | 0.2% | 2026-Q2 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 252,558 | $7M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 247,037 | $6M | 0.2% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 245,110 | $6M | 0.2% | 2026-Q2 |
| Hillsdale Investment Management Inc. added | 243,120 | $6M | 0.2% | 2026-Q2 |
| Voleon Capital Management LP added | 242,849 | $6M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP trimmed | 236,786 | $6M | 0.2% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 232,819 | $6M | 0.2% | 2026-Q2 |
| NICHOLAS COMPANY, INC. | 227,856 | $6M | 0.2% | 2026-Q2 |
| Retirement Systems of Alabama trimmed | 227,620 | $6M | 0.2% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd added | 220,466 | $6M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 218,366 | $6M | 0.2% | 2026-Q2 |
| Crossmark Global Holdings, Inc. added | 216,729 | $6M | 0.2% | 2026-Q2 |
| Edgestream Partners, L.P. added | 212,242 | $5M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 209,933 | $5M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 202,684 | $5M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC added | 201,805 | $5M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 200,874 | $5M | 0.1% | 2026-Q2 |
| GHP Investment Advisors, Inc. trimmed | 200,394 | $5M | 0.1% | 2026-Q2 |
| Summit Creek Advisors LLC trimmed | 182,829 | $5M | 0.1% | 2026-Q2 |
| Trexquant Investment LP trimmed | 181,648 | $5M | 0.1% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 176,239 | $5M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 174,368 | $5M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 174,244 | $5M | 0.1% | 2026-Q2 |
| Granahan Investment Management, LLC added | 174,094 | $5M | 0.1% | 2026-Q2 |
| Cinctive Capital Management LP new | 173,081 | $4M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.