ExlService Holdings, Inc.
ExlService Holdings, Inc. (EXLS) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · EXLS · as of Sep 30, 2025
Ownership Breakdown
471
Institutional Holders
▲ 4 vs Q2
$6.76B
Total Inst. Value
▼ $22.87M vs Q2
152.78M
Shares Outstanding
freeFloat 96.72%
153.60M
13F Shares Held
▼ 1.29M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
EXLS largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. services-business services, nec | 20.54M | 12.61% | 12.61% | $904.51B | Nov 12, 2025 | ▲ 2.66M |
VANGUARD GROUP INC services-business services, nec | 14.62M | 8.98% | 8.98% | $643.87B | Nov 7, 2025 | ▼ 228.6K |
FMR LLC services-business services, nec | 8.92M | 5.47% | 5.47% | $392.59B | Nov 13, 2025 | ▲ 1.79M |
JPMORGAN CHASE & CO services-business services, nec | 5.41M | 3.32% | 3.32% | $238.33B | Nov 26, 2025 | ▲ 68.4K |
GENEVA CAPITAL MANAGEMENT LLC services-business services, nec | 5.00M | 3.07% | 3.07% | $220.05B | Nov 13, 2025 | ▼ 15.7K |
STATE STREET CORP services-business services, nec | 4.85M | 2.98% | 2.98% | $213.51B | Nov 14, 2025 | ▼ 142.0K |
GEODE CAPITAL MANAGEMENT, LLC services-business services, nec | 4.04M | 2.48% | 2.48% | $178.05B | Nov 12, 2025 | ▲ 632.0K |
HANDELSBANKEN FONDER AB services-business services, nec | 3.42M | 2.10% | 2.10% | $150.45B | Nov 12, 2025 | ▼ 166.4K |
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC services-business services, nec | 2.90M | 1.78% | 1.78% | $127.56B | Nov 12, 2025 | ▼ 290.4K |
DIMENSIONAL FUND ADVISORS LP services-business services, nec | 2.87M | 1.76% | 1.76% | $126.35B | Nov 12, 2025 | ▼ 41.7K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
31
Increased
+14.38M shares0
New Positions
first time holders18
Decreased
−8.18M shares0
Sold Out
fully exitedNet shares change (top 50)
+6.20M
+14.38M / −8.18M
Net new holders
+13
0 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
EXLS insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
1
Buy transactions
1
Sell transactions
1.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
AYYAPPAN AJAY EVP & Gen Counsel/Corp. Sec'y. | May 20, 2026 | Sale | 5,093 | $29.11 | $148.3K | 49.0K | Form 4 ↗ |
Singh Bhupender Pres., Int'l Growth Markets | May 11, 2026 | Award | 77,170 | — | — | 77.2K | Form 4 ↗ |
Jetley Vivek President of EXL | Feb 27, 2026 | Tax Withhold | 5,298 | $30.99 | $164.2K | 426.2K | Form 4 ↗ |
Harrison Pamela M CHIEF HUMAN RESOURCES OFFICER | Feb 27, 2026 | Tax Withhold | 2,159 | $30.99 | $66.9K | 6.3K | Form 4 ↗ |
Bhalla Vikas President of EXL | Feb 27, 2026 | Tax Withhold | 3,736 | $30.99 | $115.8K | 165.3K | Form 4 ↗ |
AYYAPPAN AJAY EVP & Gen Counsel/Corp. Sec'y. | Feb 27, 2026 | Tax Withhold | 2,126 | $30.99 | $65.9K | 55.8K | Form 4 ↗ |
AYYAPPAN AJAY EVP & Gen Counsel/Corp. Sec'y. | Mar 2, 2026 | Sale | 1,679 | $30.39 | $51.0K | 54.1K | Form 4 ↗ |
Nicolelli Maurizio Executive Vice President & CFO | Feb 27, 2026 | Tax Withhold | 2,199 | $30.99 | $68.1K | 254.4K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
ExlService Holdings, Inc. (EXLS) is primarily owned by institutional investors, who hold approximately 100.0% of total shares outstanding. Company insiders own approximately 3.28%, while retail and public investors account for the remaining 0.00%.
The largest institutional shareholder of ExlService Holdings, Inc. is BLACKROCK, INC., holding approximately 20.54 million shares — equal to 12.61% of outstanding shares — as of September 30, 2025.
A total of 471 institutional investors currently hold EXLS stock, with a combined institutional value of approximately $6.76 billion as of the most recent 13F filing period.
Frequently asked questions
EXLS ownershipExlService Holdings, Inc. (EXLS) is primarily owned by institutional investors, who hold approximately 100.0% of shares. The largest shareholder is BLACKROCK, INC. with a 12.61% stake. Company insiders hold 3.28%. Data sourced from SEC Form 13F as of September 30, 2025.