ExlService Holdings Inc
Ownership
Ownership Structure
Who owns ExlService Holdings Inc (EXLS)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 96.6% of the shares are freely tradable; institutional investors hold 102.2%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 12.61 | 19,118,608 | -1.3 | 03/31/2026 |
| FMR Inc | 8.84 | 13,405,714 | -6.5 | 03/31/2026 |
| AQR Capital Management LLC | 6.51 | 9,876,298 | +139.8 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.44 | 6,737,780 | +0.0 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 4.29 | 6,504,533 | +0.0 | 03/31/2026 |
| State Street Corp | 3.16 | 4,790,675 | +1.4 | 03/31/2026 |
| Geode Capital Management, LLC | 2.78 | 4,217,764 | +4.3 | 03/31/2026 |
| Two Sigma Investments LLC | 2.65 | 4,021,556 | +8.4 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3.53 | 5,347,264 | +0.0 | 08/31/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.05 | 4,628,701 | +0.4 | 07/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Jetley Vivek | President of EXL | 426,780 | 15,150,690 $ | Jun 30, 2026 | direct |
| Nicolelli Maurizio | Executive Vice President & CFO | 254,975 | 9,051,613 $ | Jun 30, 2026 | direct |
| Kini Narasimha | Executive Vice President | 212,354 | 7,538,567 $ | Jun 30, 2026 | direct |
| Bhalla Vikas | President of EXL | 120,295 | 4,270,473 $ | Sep 1, 2026 | direct |
| Chhibbar Vishal | Executive Vice President | 6,452 | 229,046 $ | Aug 11, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Bhalla Vikas | President of EXL | Sell | 10,000 | 38.17 | 381,700 |
| Aug 11, 2026 | Chhibbar Vishal | Executive Vice President | Sell | 5,000 | 35.10 | 175,500 |
| Aug 3, 2026 | Bhalla Vikas | President of EXL | Sell | 11,000 | 34.99 | 384,890 |
| Jun 30, 2026 | Kini Narasimha | Executive Vice President | Other | 606 | 23.27 | 14,102 |
| Jun 30, 2026 | Nicolelli Maurizio | Executive Vice President & CFO | Other | 606 | 23.27 | 14,102 |
| Jun 30, 2026 | Jetley Vivek | President of EXL | Other | 606 | 23.27 | 14,102 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.