EXLS
ExlService Holdings, Inc. · Technology · Information Technology Services
Momentum inputs (comparable managers):
holder breadth +11.1% ·
share flow +5.6% ·
net new positions +5.0%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 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) | 20.54M | +14.9% | $904.51M | 0.0% | ▲ Add | 2 | SEC ↗ ×20 |
| 2 | The Vanguard Group ✦ (passive) | 14.62M | -1.5% | $643.87M | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 3 | JPMorgan Chase ✦ | 10.83M | — | $476.66M | 0.0% | n/c | 1 | SEC ↗ ×22 |
| 4 | Fidelity (FMR) ✦ | 8.92M | +25.2% | $392.59M | 0.0% | ▲ Add | 2 | SEC ↗ ×5 |
| 5 | State Street Global Advisors ✦ (passive) | 4.85M | -2.9% | $213.51M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 4.04M | +18.5% | $178.05M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 7 | AQR Capital Management ✦ | 1.96M | +540.5% | $86.47M | 0.1% | ▲ Add | 6 | SEC ↗ ×6 |
| 8 | T. Rowe Price ✦ | 1.89M | +1.2% | $83.09M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 9 | Two Sigma Investments ✦ | 1.62M | +34.0% | $71.40M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 10 | Morgan Stanley ✦ | 1.49M | — | $65.68M | 0.0% | n/c | 1 | SEC ↗ ×11 |
| 11 | D. E. Shaw & Co. ✦ | 1.38M | +82.4% | $60.61M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 12 | Goldman Sachs Group ✦ | 1.13M | — | $49.95M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 13 | Wellington Management ✦ | 1.08M | -38.3% | $47.34M | 0.0% | ▼ Trim | 6 | SEC ↗ ×3 |
| 14 | Millennium Management ✦ | 619.02K | -73.7% | $27.26M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 15 | Renaissance Technologies ✦ | 501.10K | -36.4% | $22.06M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 16 | Marshall Wace ✦ | 497.25K | +1178.0% | $21.89M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 17 | Arrowstreet Capital ✦ | 211.41K | -38.7% | $9.31M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 18 | Citadel Advisors ✦ | 198.51K | -85.6% | $8.74M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 19 | Bridgewater Associates ✦ | 110.80K | New | $4.88M | 0.0% | New | 1 | SEC ↗ |
| 20 | Point72 Asset Management ✦ | 55.80K | New | $2.46M | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Bridgewater Associates | $4.88M | 0.0% |
| Point72 Asset Management | $2.46M | 0.0% |
Exited
| Norges Bank | $44.02M | 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