DaveManuel.com · Institutional Ownership · Who Owns It
EXLSERVICE HLDGS INC (EXLS)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
450
Reporting holders
$4.0B
Reported value
102.5%
Of shares outstanding
0.1%
Calls
0.7%
Puts
-19
Holder change
Institutions report 155,412,203 shares against 151,612,499 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Over 100% because an adviser and a sub-adviser can both report the same shares, and both are counted.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $488.4M | 18,885,133 | 0.01% | 8q | -1.2%-$6.0M |
| FMR LLC | $359.1M | 13,885,274 | 0.02% | 31q | +3.6%+$12.4M |
| VANGUARD CAPITAL MANAGEMENT LLC | $171.9M | 6,645,767 | 0.00% | 2q | -1.4%-$2.4M |
| AQR CAPITAL MANAGEMENT LLC | $171.5M | 6,812,609 | 0.06% | 20q | -31.0%-$77.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $167.6M | 6,481,862 | 0.01% | 2q | HELD |
| STATE STREET CORP | $125.9M | 4,869,434 | 0.00% | 31q | +1.6%+$2.0M |
| GEODE CAPITAL MANAGEMENT, LLC | $105.3M | 4,071,771 | 0.01% | 31q | -3.5%-$3.8M |
| TWO SIGMA INVESTMENTS, LP | $104.0M | 4,021,556 | 0.08% | 16q | +8.4%+$8.1M |
| GENEVA CAPITAL MANAGEMENT LLC | $88.9M | 3,437,491 | 2.04% | 26q | -19.3%-$21.2M |
| CITADEL ADVISORS LLC | $84.7M incl. $1.9M options CALL+PUT | 3,202,977 | 0.01% | 23q | +138.3%+$49.2M |
| D. E. Shaw & Co., Inc. | $84.2M | 3,255,149 | 0.04% | 31q | -5.4%-$4.8M |
| DIMENSIONAL FUND ADVISORS LP | $75.4M | 2,913,971 | 0.01% | 31q | +2.1%+$1.6M |
| NORGES BANK | $73.3M | 2,835,901 | 0.01% | 32q | +526.9%+$61.6M |
| MORGAN STANLEY | $67.5M | 2,608,478 | 0.00% | 35q | +4.5%+$2.9M |
| JPMORGAN CHASE & CO | $58.9M | 2,294,741 | 0.00% | 31q | -40.1%-$39.4M |
| FULLER & THALER ASSET MANAGEMENT, INC. | $58.0M | 2,242,801 | 0.16% | 20q | +3.9%+$2.2M |
| UBS Group AG | $55.3M | 2,137,801 | 0.01% | 31q | +116.1%+$29.7M |
| MILLENNIUM MANAGEMENT LLC | $52.8M | 2,039,999 | 0.02% | 24q | -7.1%-$4.0M |
| Qube Research & Technologies Ltd | $50.3M | 1,943,191 | 0.05% | 7q | +137.4%+$29.1M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $50.2M | 1,940,480 | 0.01% | 31q | -2.1%-$1.1M |
| Invesco Ltd. | $48.8M | 1,885,750 | 0.00% | 31q | +203.2%+$32.7M |
| BANK OF AMERICA CORP /DE/ | $48.2M | 1,863,465 | 0.00% | 31q | +23.7%+$9.2M |
| GOLDMAN SACHS GROUP INC | $46.5M | 1,796,428 | 0.00% | 31q | +120.7%+$25.4M |
| Fenimore Asset Management Inc | $44.4M | 1,716,983 | 0.92% | 31q | -37.7%-$26.9M |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $43.2M | 1,672,177 | 0.22% | 29q | +77.9%+$18.9M |
| Handelsbanken Fonder AB | $42.5M | 1,644,092 | 0.12% | 25q | -39.4%-$27.6M |
| JANE STREET GROUP, LLC | $39.0M incl. $605.1K options CALL | 1,486,123 | 0.00% | 6q | +60.3%+$14.7M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $38.0M | 1,468,418 | 0.02% | 2q | +780.7%+$33.7M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $37.3M | 1,459,020 | 0.03% | 5q | -19.0%-$8.7M |
| NORTHERN TRUST CORP | $35.2M | 1,361,025 | 0.00% | 31q | -14.8%-$6.1M |
| TUDOR INVESTMENT CORP ET AL | $32.5M | 1,257,551 | 0.05% | 6q | +6.7%+$2.0M |
| Nuveen, LLC | $31.4M | 1,212,665 | 0.01% | 6q | -2.1%-$673.5K |
| RENAISSANCE TECHNOLOGIES LLC | $31.1M | 1,202,096 | 0.04% | 10q | +75.7%+$13.4M |
| SG Capital Management LLC | $28.4M incl. $12.9M options PUT | 600,000 | 2.35% | new | NEW |
| MARSHALL WACE, LLP | $26.6M | 1,029,164 | 0.02% | 5q | +144.5%+$15.7M |
| Bank of New York Mellon Corp | $25.2M | 975,027 | 0.00% | 31q | -11.3%-$3.2M |
| VANGUARD FIDUCIARY TRUST CO | $24.9M | 964,040 | 0.01% | 2q | -3.1%-$795.1K |
| Allspring Global Investments Holdings, LLC | $24.2M | 904,267 | 0.04% | 19q | +150.3%+$14.5M |
| Amundi | $23.5M | 907,421 | 0.01% | 4q | +17.8%+$3.6M |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $22.4M | 864,584 | 0.08% | 31q | +8.9%+$1.8M |
| ROYAL BANK OF CANADA | $21.0M | 810,429 | 0.00% | 31q | -14.6%-$3.6M |
| DEUTSCHE BANK AG\ | $19.4M | 748,471 | 0.01% | 34q | +386.2%+$15.4M |
| BANK OF NOVA SCOTIA | $17.8M | 689,135 | 0.03% | 3q | +753.9%+$15.7M |
| Caption Management, LLC | $16.3M CALL+PUT | options only | 0.08% | new | OPTIONS |
| EULAV Asset Management | $15.1M | 584,065 | 0.48% | 31q | HELD |
| CITIGROUP INC | $14.4M | 557,648 | 0.00% | 31q | +69.1%+$5.9M |
| Point72 Asset Management, L.P. | $14.0M | 540,554 | 0.02% | 4q | -48.6%-$13.2M |
| Tributary Capital Management, LLC | $13.7M | 530,225 | 1.13% | 31q | -2.9%-$415.6K |
| ALGERT GLOBAL LLC | $13.5M | 522,761 | 0.16% | 15q | -28.4%-$5.4M |
| WELLINGTON MANAGEMENT GROUP LLP | $13.5M | 521,148 | 0.00% | 31q | +9.9%+$1.2M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $13.3M | 513,469 | 0.02% | 3q | -72.9%-$35.7M |
| CONGRESS ASSET MANAGEMENT CO | $13.1M | 505,204 | 0.08% | 5q | +0.6%+$79.1K |
| Boston Trust Walden Corp | $12.8M | 493,817 | 0.10% | 31q | -45.4%-$10.6M |
| Balyasny Asset Management L.P. | $12.0M | 465,216 | 0.01% | new | NEW |
| ENVESTNET ASSET MANAGEMENT INC | $12.0M | 463,989 | 0.00% | 31q | -21.0%-$3.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $11.8M | 456,253 | 0.00% | 31q | -4.3%-$525.6K |
| HRT FINANCIAL LP | $11.8M | 456,013 | 0.02% | 5q | +141.7%+$6.9M |
| RHUMBLINE ADVISERS | $11.6M | 449,681 | 0.01% | 31q | -7.7%-$967.6K |
| PRICE T ROWE ASSOCIATES INC /MD/ | $11.4M | 440,632 | 0.00% | 31q | +51.1%+$3.9M |
| Caisse de depot et placement du Quebec | $10.8M | 419,288 | 0.02% | 5q | -21.3%-$2.9M |
| BARCLAYS PLC | $10.7M | 414,309 | 0.00% | 31q | +43.6%+$3.3M |
| BNP PARIBAS FINANCIAL MARKETS | $10.7M | 413,085 | 0.00% | 31q | +79.3%+$4.7M |
| ALLIANCEBERNSTEIN L.P. | $9.9M | 323,819 | 0.00% | 31q | +10.0%+$900.0K |
| California Public Employees Retirement System | $9.7M | 376,668 | 0.01% | 16q | +16.1%+$1.4M |
| AMERICAN CENTURY COMPANIES INC | $9.7M | 373,891 | 0.00% | 19q | +170.2%+$6.1M |
| NATIXIS | $9.3M | 358,315 | 0.04% | 2q | +291.3%+$6.9M |
| PRINCIPAL FINANCIAL GROUP INC | $9.0M | 346,677 | 0.00% | 31q | -2.0%-$178.6K |
| Aberdeen Group plc | $8.8M | 340,076 | 0.01% | 6q | HELD |
| PRUDENTIAL FINANCIAL INC | $8.6M | 332,105 | 0.01% | 32q | +122.3%+$4.7M |
| OSSIAM | $8.4M | 326,000 | 0.11% | new | NEW |
| HSBC HOLDINGS PLC | $8.4M | 330,181 | 0.00% | 31q | +32.7%+$2.1M |
| RENAISSANCE GROUP LLC | $8.0M | 310,542 | 0.33% | 31q | +22.8%+$1.5M |
| NEUMEIER POMA INVESTMENT COUNSEL LLC | $8.0M | 309,798 | 0.55% | 31q | +3.2%+$248.3K |
| Swiss National Bank | $7.9M | 305,940 | 0.00% | 31q | -2.6%-$209.5K |
| Buck Wealth Strategies, LLC | $7.8M | 301,726 | 0.82% | new | NEW |
| Leeward Investments, LLC - MA | $7.5M | 289,247 | 0.34% | 18q | -2.2%-$164.5K |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | $7.5M | 289,224 | 0.05% | 10q | -2.9%-$225.7K |
| SG Americas Securities, LLC | $7.3M | 282,477 | 0.00% | 6q | -26.2%-$2.6M |
| Man Group plc | $7.3M | 281,431 | 0.01% | 31q | +123.2%+$4.0M |
| Jump Financial, LLC | $6.7M | 258,541 | 0.05% | 7q | +255.1%+$4.8M |
| OCCUDO QUANTITATIVE STRATEGIES LP | $6.5M | 252,558 | 0.35% | 5q | +65.0%+$2.6M |
| SEI INVESTMENTS CO | $6.4M | 247,037 | 0.01% | 31q | -23.6%-$2.0M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $6.3M | 245,110 | 0.03% | 6q | -54.6%-$7.6M |
| Hillsdale Investment Management Inc. | $6.3M | 243,120 | 0.14% | 8q | +21.1%+$1.1M |
| Voleon Capital Management LP | $6.3M | 242,849 | 0.11% | 4q | +122.4%+$3.5M |
| Quantinno Capital Management LP | $6.1M | 236,786 | 0.01% | 25q | -40.3%-$4.1M |
| MERCER GLOBAL ADVISORS INC /ADV | $6.0M | 232,819 | 0.01% | 30q | -46.2%-$5.2M |
| NICHOLAS COMPANY, INC. | $5.9M | 227,856 | 0.11% | 32q | HELD |
| Retirement Systems of Alabama | $5.9M | 227,620 | 0.02% | 16q | -13.2%-$895.7K |
| Y-Intercept (Hong Kong) Ltd | $5.7M | 220,466 | 0.11% | new | NEW |
| AMERIPRISE FINANCIAL INC | $5.6M | 218,366 | 0.00% | 31q | -50.6%-$5.8M |
| Crossmark Global Holdings, Inc. | $5.6M | 216,729 | 0.07% | 30q | +138.7%+$3.3M |
| Edgestream Partners, L.P. | $5.5M | 212,242 | 0.16% | 6q | +19.3%+$887.7K |
| Legal & General Group Plc | $5.4M | 209,933 | 0.00% | 31q | -2.8%-$154.4K |
| STATE OF WISCONSIN INVESTMENT BOARD | $5.2M | 202,684 | 0.01% | 20q | +13.5%+$625.3K |
| Squarepoint Ops LLC | $5.2M | 201,805 | 0.01% | 6q | +85.0%+$2.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $5.2M | 200,874 | 0.01% | 6q | +64.4%+$2.0M |
| GHP Investment Advisors, Inc. | $5.2M | 200,394 | 0.19% | 12q | -3.7%-$197.9K |
| Summit Creek Advisors LLC | $4.7M | 182,829 | 1.61% | 31q | -41.4%-$3.3M |
| Trexquant Investment LP | $4.7M | 181,648 | 0.03% | 6q | -68.6%-$10.2M |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-07 | 13G/A | FMR LLCwith 1 co-filers | 12.0% |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-09-02 | 2026-08-31 | Directors or officers departed or appointed | filing |
| 2026-08-18 | 2026-08-18 | Material agreement entered Material agreement terminated | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Bhalla Vikas | President of EXL | Sold | 11,000 | $389.2K |
| 2026-08-03 | Bhalla Vikas | President of EXL | Sold | 11,000 | $384.9K |
| 2026-09-01 | Bhalla Vikas | President of EXL | Sold | 10,000 | $381.7K |
| 2026-06-04 | Bhalla Vikas | President of EXL | Sold | 12,000 | $362.6K |
| 2026-07-01 | Bhalla Vikas | President of EXL | Sold | 12,000 | $317.6K |
| 2026-08-11 | Chhibbar Vishal | Executive Vice President | Sold | 5,000 | $175.5K |
| 2026-05-20 | AYYAPPAN AJAY | EVP & Gen Counsel/Corp. Sec'y. | Sold | 5,093 | $148.3K |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 125 | $266.9M | 7,765,502 | 25 | 42 | 35 | 0.0% |
| Q2 2026 | 450 | $4.0B | 155,412,203 | 60 | 147 | 192 | 0.8% |
| Q1 2026 | 469 | $4.7B | 152,781,606 | 82 | 199 | 130 | 0.1% |
| Q4 2025 | 470 | $6.6B | 155,885,075 | 57 | 157 | 181 | 0.1% |
| Q3 2025 | 467 | $7.0B | 158,971,213 | 75 | 167 | 159 | 0.1% |
| Q2 2025 | 464 | $6.9B | 156,277,610 | 74 | 156 | 165 | 0.1% |
| Q1 2025 | 458 | $7.4B | 157,562,843 | 71 | 153 | 142 | 0.1% |
| Q4 2024 | 416 | $7.2B | 162,285,730 | 70 | 135 | 125 | 0.0% |
| Q3 2024 | 364 | $6.0B | 157,285,076 | 56 | 134 | 114 | 0.1% |
| Q2 2024 | 347 | $5.0B | 158,794,126 | 47 | 124 | 118 | 0.1% |
| Q1 2024 | 340 | $5.3B | 165,822,787 | 38 | 127 | 109 | 0.1% |
| Q4 2023 | 337 | $5.0B | 161,081,456 | 29 | 131 | 116 | 0.1% |
| Q3 2023 | 329 | $4.4B | 156,702,945 | 34 | 108 | 130 | 0.1% |
| Q2 2023 | 331 | $4.8B | 31,819,019 | 38 | 132 | 115 | 0.0% |
| Q1 2023 | 341 | $5.3B | 32,899,691 | 43 | 124 | 114 | 0.1% |
| Q4 2022 | 335 | $5.3B | 31,244,254 | 45 | 89 | 152 | 0.5% |
| Q3 2022 | 306 | $14.0B | 94,745,561 | 45 | 90 | 139 | 0.1% |
| Q2 2022 | 289 | $16.0B | 108,522,273 | 41 | 85 | 127 | 0.1% |
| Q1 2022 | 287 | $15.6B | 108,465,094 | 31 | 94 | 106 | 0.1% |
| Q4 2021 | 284 | $5.9B | 40,544,201 | 39 | 94 | 96 | 0.0% |
| Q3 2021 | 257 | $5.0B | 40,904,982 | 49 | 74 | 79 | 0.0% |
| Q2 2021 | 223 | $5.1B | 48,229,097 | 23 | 72 | 85 | 0.1% |
| Q1 2021 | 222 | $3.9B | 43,249,995 | 31 | 64 | 86 | 0.1% |
| Q4 2020 | 218 | $3.6B | 41,611,112 | 22 | 57 | 90 | 0.2% |
| Q3 2020 | 212 | $2.8B | 42,717,094 | 24 | 52 | 91 | 0.2% |
| Q2 2020 | 198 | $2.8B | 43,645,149 | 19 | 51 | 75 | 0.1% |
| Q1 2020 | 213 | $2.9B | 56,424,226 | 45 | 66 | 72 | 0.0% |
| Q4 2019 | 209 | $3.0B | 43,444,294 | 19 | 72 | 67 | 0.0% |
| Q3 2019 | 209 | $2.9B | 43,278,152 | 19 | 67 | 62 | 0.0% |
| Q2 2019 | 200 | $3.0B | 45,528,496 | 17 | 61 | 54 | 0.1% |
| Q1 2019 | 201 | $2.6B | 43,110,802 | 26 | 68 | 58 | 0.1% |
| Q4 2018 | 192 | $2.3B | 44,155,377 | 3 | 6 | 3 | 0.0% |