ExlService Holdings, Inc. (EXLS) — Institutional Holders, Q2 2026

448 institutional investment managers reported a EXLS position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $4.0B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← EXLS stock profile

EXLS in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

142

Trimmed

191

Sold out

Biggest buyers

CITADEL ADVISORSAdded · +1,858,630 sh+$48.1M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPAdded · +1,301,677 sh+$33.7M
Invesco Ltd.Added · +1,263,885 sh+$32.7M
UBS Group AGAdded · +1,148,754 sh+$29.7M
Qube Research & Technologies LtdAdded · +1,124,537 sh+$29.1M

Biggest sellers

AQR CAPITAL MANAGEMENTTrimmed · -3,063,689 sh-$79.2M
MACKENZIE FINANCIALTrimmed · -2,438,771 sh-$63.1M
JPMORGAN CHASETrimmed · -1,534,306 sh-$39.7M
NOMURA ASSET MANAGEMENT INTERNATIONALTrimmed · -1,380,855 sh-$35.7M
Alyeska Investment Group, L.P.Sold out · -1,139,850 sh-$29.5M

EXLS 13F holders ranked 1–100 of 448

Institutional investors reporting a position in ExlService Holdings, Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 18,885,133 sh	18,885,133	$488.4M	<0.01%	-1.2%
2	FMR#2 · 13,885,274 sh	13,885,274	$359.1M	0.02%	+3.6%
3	VANGUARD CAPITAL MANAGEMENT#3 · 6,645,767 sh	6,645,767	$171.9M	<0.01%	-1.4%
4	AQR CAPITAL MANAGEMENT#4 · 6,812,609 sh	6,812,609	$171.5M	0.06%	-31.0%
5	VANGUARD PORTFOLIO MANAGEMENT#5 · 6,481,862 sh	6,481,862	$167.6M	<0.01%	-0.3%
6	STATE STREET#6 · 4,869,434 sh	4,869,434	$125.9M	<0.01%	+1.6%
7	GEODE CAPITAL MANAGEMENT#7 · 4,071,771 sh	4,071,771	$105.3M	<0.01%	-3.5%
8	TWO SIGMA INVESTMENTS#8 · 4,021,556 sh	4,021,556	$104.0M	0.08%	+8.4%
9	GENEVA CAPITAL MANAGEMENT#9 · 3,437,491 sh	3,437,491	$88.9M	2.04%	-19.3%
10	D. E. Shaw#10 · 3,255,149 sh	3,255,149	$84.2M	0.04%	-5.4%
11	CITADEL ADVISORS#11 · 3,202,977 sh	3,202,977	$82.8M	<0.01%	+138.3%
12	DIMENSIONAL FUND ADVISORS#12 · 2,913,971 sh	2,913,971	$75.4M	0.01%	+2.1%
13	NORGES BANK#13 · 2,835,901 sh	2,835,901	$73.3M	<0.01%	—
14	MORGAN STANLEY#14 · 2,608,478 sh	2,608,478	$67.5M	<0.01%	+4.5%
15	JPMORGAN CHASE#15 · 2,294,741 sh	2,294,741	$58.9M	<0.01%	-40.1%
16	FULLER & THALER ASSET MANAGEMENT#16 · 2,242,801 sh	2,242,801	$58.0M	0.16%	+3.9%
17	UBS Group AG#17 · 2,137,801 sh	2,137,801	$55.3M	<0.01%	+116.1%
18	MILLENNIUM MANAGEMENT#18 · 2,039,999 sh	2,039,999	$52.8M	0.02%	-7.1%
19	Qube Research & Technologies Ltd#19 · 1,943,191 sh	1,943,191	$50.3M	0.05%	+137.4%
20	CHARLES SCHWAB INVESTMENT MANAGEMENT#20 · 1,940,480 sh	1,940,480	$50.2M	<0.01%	-2.1%
21	Invesco Ltd.#21 · 1,885,750 sh	1,885,750	$48.8M	<0.01%	+203.2%
22	BANK OF AMERICA#22 · 1,863,465 sh	1,863,465	$48.2M	<0.01%	+23.7%
23	GOLDMAN SACHS GROUP#23 · 1,796,428 sh	1,796,428	$46.5M	<0.01%	+120.7%
24	FENIMORE ASSET MANAGEMENT#24 · 1,716,983 sh	1,716,983	$44.4M	—	-37.7%
25	FORT WASHINGTON INVESTMENT ADVISORS#25 · 1,672,177 sh	1,672,177	$43.2M	—	+77.9%
26	Handelsbanken Fonder AB#26 · 1,644,092 sh	1,644,092	$42.5M	0.12%	-39.4%
27	JANE STREET GROUP#27 · 1,486,123 sh	1,486,123	$38.4M	<0.01%	+60.3%
28	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#28 · 1,468,418 sh	1,468,418	$38.0M	0.02%	+780.7%
29	SCHRODER INVESTMENT MANAGEMENT GROUP#29 · 1,459,020 sh	1,459,020	$37.3M	0.03%	-19.0%
30	NORTHERN#30 · 1,361,025 sh	1,361,025	$35.2M	<0.01%	-14.8%
31	TUDOR INVESTMENT ET AL#31 · 1,257,551 sh	1,257,551	$32.5M	0.05%	+6.7%
32	Nuveen#32 · 1,212,665 sh	1,212,665	$31.4M	<0.01%	-2.1%
33	RENAISSANCE TECHNOLOGIES#33 · 1,202,096 sh	1,202,096	$31.1M	0.04%	+75.7%
34	MARSHALL WACE, LLP#34 · 1,029,164 sh	1,029,164	$26.6M	0.02%	+144.5%
35	Bank of New York Mellon#35 · 975,027 sh	975,027	$25.2M	<0.01%	-11.3%
36	VANGUARD FIDUCIARY#36 · 964,040 sh	964,040	$24.9M	<0.01%	-3.1%
37	Allspring Global Investments#37 · 904,267 sh	904,267	$24.2M	0.04%	+150.3%
38	Amundi#38 · 907,421 sh	907,421	$23.5M	<0.01%	+17.8%
39	LOS ANGELES CAPITAL MANAGEMENT#39 · 864,584 sh	864,584	$22.4M	0.08%	+8.9%
40	ROYAL BANK OF CANADA#40 · 810,429 sh	810,429	$21.0M	<0.01%	-14.6%
41	DEUTSCHE BANK AG\#41 · 748,471 sh	748,471	$19.4M	<0.01%	+386.2%
42	BANK OF NOVA SCOTIA#42 · 689,135 sh	689,135	$17.8M	0.03%	+753.9%
43	SG Capital Management#43 · 600,000 sh	600,000	$15.5M	1.28%	New
44	EULAV Asset Management#44 · 584,065 sh	584,065	$15.1M	—	0.0%
45	CITIGROUP#45 · 557,648 sh	557,648	$14.4M	<0.01%	+69.1%
46	Point72 Asset Management, L.P.#46 · 540,554 sh	540,554	$14.0M	0.02%	-48.6%
47	Tributary Capital Management#47 · 530,225 sh	530,225	$13.7M	1.13%	-2.9%
48	ALGERT GLOBAL#48 · 522,761 sh	522,761	$13.5M	0.16%	-28.4%
49	WELLINGTON MANAGEMENT GROUP LLP#49 · 521,148 sh	521,148	$13.5M	<0.01%	+9.9%
50	NOMURA ASSET MANAGEMENT INTERNATIONAL#50 · 513,469 sh	513,469	$13.3M	0.02%	-72.9%
51	CONGRESS ASSET MANAGEMENT#51 · 505,204 sh	505,204	$13.1M	—	+0.6%
52	Boston Walden#52 · 493,817 sh	493,817	$12.8M	0.10%	-45.4%
53	BALYASNY ASSET MANAGEMENT L.P.#53 · 465,216 sh	465,216	$12.0M	0.01%	New
54	ENVESTNET ASSET MANAGEMENT#54 · 463,989 sh	463,989	$12.0M	<0.01%	-21.0%
55	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#55 · 456,253 sh	456,253	$11.8M	<0.01%	-4.3%
56	HRT FINANCIAL#56 · 456,013 sh	456,013	$11.8M	0.03%	+141.7%
57	RHUMBLINE ADVISERS#57 · 449,681 sh	449,681	$11.6M	<0.01%	-7.7%
58	PRICE T ROWE ASSOCIATES#58 · 440,632 sh	440,632	$11.4M	<0.01%	+51.1%
59	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#59 · 419,288 sh	419,288	$10.8M	0.02%	-21.3%
60	BARCLAYS PLC#60 · 414,309 sh	414,309	$10.7M	<0.01%	+43.6%
61	BNP PARIBAS FINANCIAL MARKETS#61 · 413,085 sh	413,085	$10.7M	<0.01%	+79.3%
62	ALLIANCEBERNSTEIN L.P.#62 · 323,819 sh	323,819	$9.9M	<0.01%	+10.0%
63	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#63 · 376,668 sh	376,668	$9.7M	<0.01%	+16.1%
64	AMERICAN CENTURY COMPANIES#64 · 373,891 sh	373,891	$9.7M	<0.01%	+170.2%
65	NATIXIS#65 · 358,315 sh	358,315	$9.3M	0.04%	+291.3%
66	PRINCIPAL FINANCIAL GROUP#66 · 346,677 sh	346,677	$9.0M	<0.01%	-2.0%
67	abrdn plc#67 · 340,076 sh	340,076	$8.8M	0.01%	0.0%
68	PRUDENTIAL FINANCIAL#68 · 332,105 sh	332,105	$8.6M	<0.01%	+122.3%
69	OSSIAM#69 · 326,000 sh	326,000	$8.4M	0.11%	New
70	HSBC PLC#70 · 330,181 sh	330,181	$8.4M	<0.01%	+32.7%
71	RENAISSANCE GROUP#71 · 310,542 sh	310,542	$8.0M	0.33%	+22.8%
72	NEUMEIER POMA INVESTMENT COUNSEL#72 · 309,798 sh	309,798	$8.0M	0.55%	+3.2%
73	Swiss National Bank#73 · 305,940 sh	305,940	$7.9M	<0.01%	-2.6%
74	Buck Wealth Strategies#74 · 301,726 sh	301,726	$7.8M	0.82%	New
75	Leeward Investments, - MA#75 · 289,247 sh	289,247	$7.5M	—	-2.2%
76	SILVERCREST ASSET MANAGEMENT GROUP#76 · 289,224 sh	289,224	$7.5M	0.05%	-2.9%
77	SG Americas Securities#77 · 282,477 sh	282,477	$7.3M	<0.01%	-26.2%
78	Man Group plc#78 · 281,431 sh	281,431	$7.3M	0.01%	+123.2%
79	Jump Financial#79 · 258,541 sh	258,541	$6.7M	0.05%	+255.1%
80	OCCUDO QUANTITATIVE STRATEGIES#80 · 252,558 sh	252,558	$6.5M	0.35%	+65.0%
81	SEI INVESTMENTS#81 · 247,037 sh	247,037	$6.4M	<0.01%	-23.6%
82	VOLORIDGE INVESTMENT MANAGEMENT#82 · 245,110 sh	245,110	$6.3M	0.03%	-54.6%
83	Hillsdale Investment Management#83 · 243,120 sh	243,120	$6.3M	0.14%	+21.1%
84	Voleon Capital Management#84 · 242,849 sh	242,849	$6.3M	0.11%	+122.4%
85	Quantinno Capital Management#85 · 236,786 sh	236,786	$6.1M	<0.01%	-40.3%
86	MERCER GLOBAL ADVISORS#86 · 232,819 sh	232,819	$6.0M	<0.01%	-46.2%
87	NICHOLAS COMPANY#87 · 227,856 sh	227,856	$5.9M	0.11%	0.0%
88	Retirement Systems of Alabama#88 · 227,620 sh	227,620	$5.9M	0.02%	-13.2%
89	Y-Intercept (Hong Kong) Ltd#89 · 220,466 sh	220,466	$5.7M	—	New
90	AMERIPRISE FINANCIAL#90 · 218,366 sh	218,366	$5.6M	<0.01%	-50.6%
91	Crossmark Global#91 · 216,729 sh	216,729	$5.6M	—	+138.7%
92	Edgestream Partners, L.P.#92 · 212,242 sh	212,242	$5.5M	0.16%	+19.3%
93	Legal & General Group Plc#93 · 209,933 sh	209,933	$5.4M	<0.01%	-2.8%
94	STATE OF WISCONSIN INVESTMENT BOARD#94 · 202,684 sh	202,684	$5.2M	0.01%	+13.5%
95	Squarepoint Ops#95 · 201,805 sh	201,805	$5.2M	<0.01%	+85.0%
96	BNP Paribas Asset Management Holding S.A.#96 · 200,874 sh	200,874	$5.2M	<0.01%	+64.4%
97	GHP Investment Advisors#97 · 200,394 sh	200,394	$5.2M	—	-3.7%
98	Summit Creek Advisors#98 · 182,829 sh	182,829	$4.7M	1.61%	-41.4%
99	Trexquant Investment#99 · 181,648 sh	181,648	$4.7M	0.03%	-68.6%
100	MUTUAL OF AMERICA CAPITAL MANAGEMENT#100 · 176,239 sh	176,239	$4.6M	—	-5.2%

Funds that sold out of EXLS in Q2 2026 (78)

Held EXLS at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held EXLS in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Alyeska Investment Group, L.P.1,139,850 sh	1,139,850	$34.7M
OAK RIDGE INVESTMENTS240,178 sh	240,178	$7.3M
HEALTHCARE OF ONTARIO PENSION PLAN FUND221,870 sh	221,870	$6.8M
VAN ECK ASSOCIATES145,249 sh	145,249	$4.4M
Dana Investment Advisors70,775 sh	70,775	$2.2M
Aquatic Capital Management54,770 sh	54,770	$1.7M
Collaborative Fund Advisors49,736 sh	49,736	$1.5M
Headlands Technologies45,509 sh	45,509	$1.4M
MACQUARIE GROUP LTD37,983 sh	37,983	$1.2M
Woodline Partners28,942 sh	28,942	$881.3K
Magnetar Financial20,927 sh	20,927	$637.2K
AlphaGrep UK Ltd19,489 sh	19,489	$593.4K
Dynamic Technology Lab Private Ltd17,967 sh	17,967	$547.1K
NEW YORK LIFE INVESTMENT MANAGEMENT17,888 sh	17,888	$544.7K
Bridgefront Capital17,773 sh	17,773	$541.2K
GUGGENHEIM CAPITAL17,141 sh	17,141	$521.9K
CAPSTONE INVESTMENT ADVISORS17,028 sh	17,028	$518.5K
Eurizon SLJ Capital Ltd16,444 sh	16,444	$502.5K
AIGEN INVESTMENT MANAGEMENT16,372 sh	16,372	$498.5K
Chicago Partners Investment Group15,749 sh	15,749	$497.7K
Aaron Wealth Advisors15,529 sh	15,529	$472.9K
Inspire Advisors15,178 sh	15,178	$462.2K
Numerai GP14,701 sh	14,701	$447.6K
Krilogy Financial11,818 sh	11,818	$372.0K
Vident Advisory11,212 sh	11,212	$341.4K
WADDELL & ASSOCIATES10,460 sh	10,460	$318.5K
MAI Capital Management9,993 sh	9,993	$304.3K
HB Wealth Management9,707 sh	9,707	$295.6K
M&T BANK9,511 sh	9,511	$289.6K
Lombard Odier Asset Management (USA)9,185 sh	9,185	$279.7K
West Tower Group8,700 sh	8,700	$264.9K
Waverly Advisors8,599 sh	8,599	$261.8K
Utah Retirement Systems8,364 sh	8,364	$254.7K
DAYMARK WEALTH PARTNERS8,092 sh	8,092	$246.4K
SkyOak Wealth8,051 sh	8,051	$245.2K
Blackstone7,888 sh	7,888	$240.2K
MCMORGAN7,773 sh	7,773	$236.7K
Maryland State Retirement & Pension System7,691 sh	7,691	$234.2K
COMMONWEALTH EQUITY SERVICES7,483 sh	7,483	$227.9K
Diversified7,441 sh	7,441	$226.6K
Portside Wealth Group7,358 sh	7,358	$224.1K
Baker Avenue Asset Management7,347 sh	7,347	$223.7K
Sagewood Asset Management7,101 sh	7,101	$216.2K
PARK AVENUE SECURITIES6,986 sh	6,986	$213.0K
MANGROVE PARTNERS IM6,837 sh	6,837	$208.2K
Legacy Capital Wealth Partners6,639 sh	6,639	$202.2K
RITHOLTZ WEALTH MANAGEMENT6,578 sh	6,578	$200.3K
Bayforest Capital Ltd5,289 sh	5,289	$161.1K
WESTPAC BANKING2,328 sh	2,328	$70.9K
Cache Advisors2,274 sh	2,274	$69.2K
NBC SECURITIES1,967 sh	1,967	$59.9K
TWIN PEAKS WEALTH ADVISORS1,708 sh	1,708	$52.0K
Tredje AP-fonden1,483 sh	1,483	$45.2K
Advisory Services Network1,141 sh	1,141	$34.7K
NOMURA ASSET MANAGEMENT LTD1,000 sh	1,000	$30.4K
Destiny Wealth Partners935 sh	935	$28.5K
Root Financial Partners338 sh	338	$10.3K
Acumen Wealth Advisors252 sh	252	$7.7K
Western Wealth Management210 sh	210	$6.4K
Activest Wealth Management136 sh	136	$4.1K
J.Safra Asset Management109 sh	109	$3.3K
BOKF, NA107 sh	107	$3.3K
Physician Wealth Advisors80 sh	80	$2.4K
Sachetta78 sh	78	$2.4K
WFA of San Diego62 sh	62	$1.9K
First Pacific Financial58 sh	58	$1.8K
SouthState Bank36 sh	36	$1.1K
Ancora Advisors34 sh	34	$1.0K
Capital Advisors, Ltd.32 sh	32	$1.0K
Harvest Fund Management , Ltd19 sh	19	$1.0K
Addison Advisors17 sh	17	$518.00
Wealth Preservation Advisors12 sh	12	$365.00
Annis Gardner Whiting Capital Advisors11 sh	11	$335.00
American Capital Advisory9 sh	9	$275.00
Dunhill Financial3 sh	3	$107.00
TD Waterhouse Canada3 sh	3	$91.00
Vermillion Wealth Management2 sh	2	$61.00
CURIO WEALTH2 sh	2	$61.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.