Supply breakdown
Shares as of Oct 23, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 150.79M | 100.0% | $3.90B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 150.79M | 100.0% | $3.90B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F; over 100%, double counted) | 155.41M | 103.1% | $4.02B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$3.90B
- Fully diluted$3.92B
- Circulating$3.90B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BlackRock, Inc. | 18.89M | 12.52% |
| FMR LLC | 13.89M | 9.21% |
| AQR CAPITAL MANAGEMENT LLC | 6.81M | 4.52% |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.65M | 4.41% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.48M | 4.30% |
| STATE STREET CORP | 4.87M | 3.23% |
| GEODE CAPITAL MANAGEMENT, LLC | 4.07M | 2.70% |
| TWO SIGMA INVESTMENTS, LP | 4.02M | 2.67% |
| GENEVA CAPITAL MANAGEMENT LLC | 3.44M | 2.28% |
| D. E. Shaw & Co., Inc. | 3.26M | 2.16% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer. The total is 103% of shares outstanding, so it counts some shares twice: positions reported by more than one manager, and lent shares that appear at both the lender and the buyer. Read it as an upper bound.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | EXLS on Nasdaq | 150,788,731 | Oct 23, 2026 |
Notes and sources
- ExlService Holdings, Inc. 10-Q for period ended 2026-09-30, Cover page (0001297989-26-000031)
- SEC public float (non-affiliates): $6.89B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.