- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 9 Dec 2025
- latest of these filings; the earliest 12 Nov 2025
- Managers listing it
- 9
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q2 2025 and Q3 2025; 4 listed it in both
- Shares listed
- 9,280,170
- combined, among listed positions
- Reported value
- $409m
- combined, at the quarter end
Among the 95 comparable managers: 8 buyers (opened or added shares) and 2 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing EXLS in Q3 2025
9 of 9 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| AQR Capital Management LLC | 1,963,973 | $86m | 0.06% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Squarepoint Ops LLC | 1,689,373 | $74m | 0.07% | Added | +705,509 | 14 Nov 2025 (the filing on sec.gov) |
| Two Sigma Investments LP | 1,621,732 | $71m | 0.11% | Added | +411,652 | 14 Nov 2025 (the filing on sec.gov) |
| Two Sigma Advisers LP | 1,495,400 | $66m | 0.13% | Added | +567,600 | 14 Nov 2025 (the filing on sec.gov) |
| Tudor Investment Corp | 975,894 | $43m | 0.07% | Added | n.a. | 9 Dec 2025 (the filing on sec.gov) |
| Voloridge Investment Management LLC | 834,252 | $37m | 0.12% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Man Group PLC | 514,126 | $23m | under 0.1% | Added | n.a. | 14 Nov 2025 (the filing on sec.gov) |
| Bridgewater Associates LP | 110,797 | $4.9m | under 0.1% | New | new | 13 Nov 2025 (the filing on sec.gov) |
| Quantbot Technologies LP | 74,623 | $3.3m | 0.09% | Trimmed | -11,953 | 12 Nov 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- Squarepoint Ops LLCexisting position · 1,689,373 shares now+705,509
- Two Sigma Advisers LPexisting position · 1,495,400 shares now+567,600
- Two Sigma Investments LPexisting position · 1,621,732 shares now+411,652
- Bridgewater Associates LPnew position · 110,797 shares now+110,797
Reductions
- Quantbot Technologies LPexisting position · 74,623 shares now-11,953
New positions and exits
New (1)
Exited (1)
- Polen Capital Management LLCwas $1.8m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q4 2013 | 3 | $23m | n.a. | n.a. |
| Q1 2014 | 3 | $29m | n.a. | n.a. |
| Q2 2014 | 2 | $30m | n.a. | n.a. |
| Q3 2014 | 2 | $30m | n.a. | n.a. |
| Q4 2014 | 2 | $34m | n.a. | n.a. |
| Q1 2015 | 3 | $151m | n.a. | n.a. |
| Q2 2015 | 3 | $140m | n.a. | n.a. |
| Q3 2015 | 2 | $139m | n.a. | n.a. |
| Q4 2015 | 3 | $178m | n.a. | n.a. |
| Q1 2016 | 5 | $202m | n.a. | n.a. |
| Q2 2016 | 3 | $185m | n.a. | n.a. |
| Q3 2016 | 3 | $177m | n.a. | n.a. |
| Q4 2016 | 3 | $161m | n.a. | n.a. |
| Q1 2017 | 1 | $23m | n.a. | n.a. |
| Q2 2017 | 1 | $38m | n.a. | n.a. |
| Q4 2017 | 3 | $9.6m | n.a. | n.a. |
| Q1 2018 | 5 | $10m | n.a. | n.a. |
| Q2 2018 | 2 | $833k | n.a. | n.a. |
| Q3 2018 | 4 | $50m | n.a. | n.a. |
| Q4 2018 | 2 | $3.4m | n.a. | n.a. |
| Q1 2019 | 1 | $601k | n.a. | n.a. |
| Q2 2019 | 1 | $707k | n.a. | n.a. |
| Q3 2019 | 1 | $732k | n.a. | n.a. |
| Q4 2019 | 1 | $877k | n.a. | n.a. |
| Q1 2020 | 1 | $101m | n.a. | n.a. |
| Q2 2020 | 2 | $169m | n.a. | n.a. |
| Q3 2020 | 3 | $170m | n.a. | n.a. |
| Q4 2020 | 3 | $222m | n.a. | n.a. |
| Q1 2021 | 3 | $244m | n.a. | n.a. |
| Q2 2021 | 4 | $294m | n.a. | n.a. |
| Q3 2021 | 5 | $316m | n.a. | n.a. |
| Q4 2021 | 5 | $143m | n.a. | n.a. |
| Q1 2022 | 7 | $146m | n.a. | n.a. |
| Q2 2022 | 5 | $614m | n.a. | n.a. |
| Q3 2022 | 5 | $761m | n.a. | n.a. |
| Q4 2022 | 8 | $1.0bn | n.a. | n.a. |
| Q1 2023 | 6 | $615m | n.a. | n.a. |
| Q2 2023 | 9 | $427m | n.a. | n.a. |
| Q3 2023 | 8 | $376m | n.a. | n.a. |
| Q4 2023 | 7 | $136m | 5 | 2 |
| Q1 2024 | 8 | $123m | 3 | 5 |
| Q2 2024 | 8 | $145m | 5 | 4 |
| Q3 2024 | 5 | $81m | 1 | 4 |
| Q4 2024 | 5 | $43m | 1 | 4 |
| Q1 2025 | 4 | $35m | 2 | 2 |
| Q2 2025 | 10 | $293m | 7 | 3 |
| Q3 2025 | 9 | $409m | 8 | 2 |
| Q4 2025 | 11 | $1.1bn | 15 | 19 |
| Q1 2026 | 7 | $580m | 19 | 13 |
| Q2 2026 | 7 | $321m | 21 | 11 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
EXLS and V →EXLS and MA →EXLS and MCO →Choose a stock to compare with EXLS →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own EXLS, latest filings →Back to the 13F Explorer →