EXLS
ExlService Holdings, Inc. · Technology · Information Technology Services
Momentum inputs (comparable managers):
holder breadth -5.9% ·
share flow +3.3% ·
net new positions -6.2%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 114 | -3 | 118.33M | $3.06B | +5 | −9 |
| Q1 2026 | 121 | -8 | 115.57M | $3.52B | +4 | −13 |
| Q4 2025 | 129 | -1 | 114.68M | $4.87B | +1 | −1 |
| Q3 2025 | 20 | +2 | 76.55M | $3.37B | +2 | −1 |
| Q2 2025 | 16 | -1 | 60.04M | $2.63B | +1 | −2 |
| Q1 2025 | 14 | 0 | 18.27M | $862.24M | +1 | −1 |
| Q4 2024 | 14 | +1 | 17.10M | $759.04M | +1 | — |
| Q3 2024 | 12 | -1 | 12.30M | $469.29M | — | −1 |
| Q2 2024 | 13 | — | 14.58M | $457.14M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 17.88M | — | $783.09M | 0.0% | n/c | 1 | SEC ↗ ×19 |
| 2 | The Vanguard Group ✦ (passive) | 14.85M | — | $650.37M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 3 | Fidelity (FMR) ✦ | 7.12M | — | $311.96M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 4 | State Street Global Advisors ✦ (passive) | 4.99M | -17.1% | $218.56M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 3.41M | -18.7% | $149.40M | 0.0% | ▼ Trim | 5 | SEC ↗ ×2 |
| 6 | Millennium Management ✦ | 2.35M | +204.7% | $102.96M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 7 | T. Rowe Price ✦ | 1.86M | +7.1% | $81.63M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 8 | Wellington Management ✦ | 1.74M | -12.8% | $76.27M | 0.0% | ▼ Trim | 5 | SEC ↗ ×3 |
| 9 | Citadel Advisors ✦ | 1.38M | +224.8% | $60.35M | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 10 | Two Sigma Investments ✦ | 1.21M | +215.9% | $52.99M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 11 | Norges Bank ✦ (passive) | 1.01M | -46.1% | $44.02M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 12 | Renaissance Technologies ✦ | 787.50K | +405.8% | $34.48M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 13 | D. E. Shaw & Co. ✦ | 754.77K | +1771.4% | $33.05M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 14 | Arrowstreet Capital ✦ | 345.11K | +35.9% | $15.11M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | AQR Capital Management ✦ | 306.66K | +11.1% | $13.43M | 0.0% | ▲ Add | 5 | SEC ↗ ×4 |
| 16 | Marshall Wace ✦ | 38.91K | New | $1.70M | 0.0% | New | 1 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $1.70M | 0.0% |
Exited
| Adage Capital Partners | $5.90M | was 0.0% |
| Point72 Asset Management | $833,931 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 456 holders, 148.82M shares, $4.38B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 11.00K sh · $389,180
Officer · 10.00K sh · $381,700
Officer · 5.00K sh · $175,500
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology