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HomeStocksEXLSInstitutional Holders

EXLS logoExlService Holdings, Inc. (EXLS) Institutional Ownership

Q2 2026 13F Data|Updated 2026-11-07

✨

Institutional ownership increased this quarter (+2.47 pp), with a relatively well-distributed shareholder base.

Institutional Ownership
Can exceed 100% due to securities lending, short interest, and reporting timing differences.
103.3%$4.0B total value · ▲ +2.47 pp vs prior quarter
Smart Money Score
Based on ownership concentration, fund quality, buying/selling activity, ownership indicators, and institutional trend.
65 / 100Bullish
Institutions & Flow448 holders-20 net flow (+58 / -78)

AI Insights & Key Takeaways

  • Negative Institutional Flow (-20)
  • Marquee funds including Two Sigma Investments, Lp and Citadel Advisors Llc maintain significant positions
  • Top 10 holders control 47.2% of institutional value
  • No Insider Signal

Top Institutional Holders of EXLS

Ranked by reported Q2 2026 13F market value

Top 10 Holders
47.2%
Top 25 Holders
68.9%

Share of total reported institutional value in EXLS held by the largest 10 / 25 filers.

#InstitutionShares HeldMarket ValueQoQ ChangeOwnership %% of Fund
1BlackRock, Inc.18.9M$488.4M-1.2%12.456%0.01%
2FMR LLC13.9M$359.1M+3.6%9.158%0.02%
3VANGUARD CAPITAL MANAGEMENT LLC6.6M$171.9M-1.4%4.383%0.00%

Quarterly Institutional Activity

Filings activity in EXLS during Q2 2026, grouped by how each filer changed its position.

OverviewNew Buyers58Added To96Trimmed275Exited78
  • BlackRock, Inc.$488.4M
  • FMR LLC$359.1M
  • VANGUARD CAPITAL MANAGEMENT LLC

EXLS Institutional Ownership by Quarter

8 quarters of 13F filings · Δ columns show change vs prior quarter

QuarterInst. HoldersΔ HoldersOwnership %Δ OwnershipTotal 13F ValueΔ Value
Q2 20264482.8%103.30%+2.47 pp$3.95B13%
Q1 2026461+0.7%100.83%0.88 pp$4.52B27%
Q4 2025458+1.6%101.71%0.71 pp$6.20B3.4%
Q3 20254510.7%102.42%0.20 pp$6.42B+0.9%
Q2 2025454+2.7%102.62%+0.61 pp$6.36B6.1%
Q1 2025442

EXLS — Frequently Asked Questions

Quick answers to the most common questions about buying EXLS stock.

What percentage of EXLS is owned by institutions?

Based on Q2 2026 13F filings, institutional ownership of ExlService Holdings, Inc. stands at 103.3%, held across 448 reporting institutions.

Who is the largest institutional holder of EXLS?

BlackRock, Inc. is the largest reported institutional holder of EXLS, with approximately 18,885,133 shares worth $0.49B as of Q2 2026.

Is EXLS a hedge fund favorite?

Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of EXLS, including TWO SIGMA INVESTMENTS, LP, CITADEL ADVISORS LLC, MILLENNIUM MANAGEMENT LLC.

What is EXLS's Smart Money Score?

Our composite Smart Money Score for EXLS is 65 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.

How many institutions bought EXLS this quarter?
4AQR CAPITAL MANAGEMENT LLC6.8M$171.5M-31.0%4.493%0.06%
5VANGUARD PORTFOLIO MANAGEMENT LLC6.5M$167.6M-0.4%4.275%0.01%
6STATE STREET CORP4.9M$125.9M+1.6%3.212%0.00%
7GEODE CAPITAL MANAGEMENT, LLC4.1M$105.3M-3.5%2.686%0.01%
8TWO SIGMA INVESTMENTS, LP4.0M$104.0M+8.4%2.652%0.08%
9GENEVA CAPITAL MANAGEMENT LLC3.4M$88.9M-19.3%2.267%2.04%
10CITADEL ADVISORS LLC3.3M$84.7M+137.3%2.161%0.00%
11D. E. Shaw & Co., Inc.3.3M$84.2M-5.4%2.147%0.04%
12DIMENSIONAL FUND ADVISORS LP2.9M$75.4M+2.1%1.922%0.01%
13NORGES BANK2.8M$73.3M—1.870%0.01%
14MORGAN STANLEY2.6M$67.5M+4.5%1.721%0.00%
15JPMORGAN CHASE & CO2.3M$58.9M-40.1%1.514%0.00%
16FULLER & THALER ASSET MANAGEMENT, INC.2.2M$58.0M+3.9%1.479%0.16%
17UBS Group AG2.1M$55.3M+116.1%1.410%0.01%
18MILLENNIUM MANAGEMENT LLC2.0M$52.8M-7.1%1.345%0.02%
19Qube Research & Technologies Ltd1.9M$50.3M+137.4%1.282%0.05%
20CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.9M$50.2M-2.1%1.280%0.01%
21Invesco Ltd.1.9M$48.8M+203.2%1.244%0.00%
22BANK OF AMERICA CORP /DE/1.9M$48.2M+23.7%1.229%0.00%
23GOLDMAN SACHS GROUP INC1.8M$46.5M+120.7%1.185%0.00%
24FENIMORE ASSET MANAGEMENT INC1.7M$44.4M-37.7%1.133%0.92%
25FORT WASHINGTON INVESTMENT ADVISORS INC /OH/1.7M$43.2M+78.0%1.103%0.22%

denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in EXLS — a direct measure of their conviction.

$171.9M
  • AQR CAPITAL MANAGEMENT LLC$171.5M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$167.6M
  • STATE STREET CORP$125.9M
  • GEODE CAPITAL MANAGEMENT, LLC$105.3M
  • TWO SIGMA INVESTMENTS, LP$104.0M
  • GENEVA CAPITAL MANAGEMENT LLC$88.9M
  • D. E. Shaw & Co., Inc.$84.2M
  • DIMENSIONAL FUND ADVISORS LP$75.4M
  • MORGAN STANLEY$67.5M
  • +8.3%
    102.01%
    1.43 pp
    $6.78B
    +6.1%
    Q4 2024408+15%103.44%+2.52 pp$6.39B+18%
    Q3 2024354—100.92%—$5.39B—

    Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.

    58 institutions opened new positions in EXLS during Q2 2026, while 78 fully exited. 96 added to existing positions and 275 trimmed.

    How is institutional ownership of EXLS changing?

    EXLS institutional ownership rose by 2.47 percentage points quarter-over-quarter, with a net change of -13 holders.

    How concentrated is EXLS ownership among the top holders?

    The top 10 institutions account for 47.2% of all reported 13F value in EXLS, and the top 25 account for 68.9%.

    Where does this EXLS institutional ownership data come from?

    All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.

    EXLSExlService Holdings, Inc.
    $43.15$6.5B
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