AQR Capital Management Discloses New 6.32% Stake in ExlService Holdings, Inc. (EXLS)

On May 14, 2026, AQR Capital Management, LLC and its parent holding company, AQR Capital Management Holdings, LLC, filed a Schedule 13G with the SEC disclosing a new substantial position in ExlService Holdings, Inc. (EXLS). As of the event date of March 31, 2026, AQR reported beneficial ownership of 9,876,298 shares of common stock, representing a 6.32% stake in the company. The filing indicates that AQR Capital Management, LLC holds shared dispositive power over all 9,876,298 shares and shared voting power over 9,460,174 shares. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This filing marks a significant increase from a zero-share position reported in the previous period, establishing AQR as a major institutional shareholder in the global data analytics and digital operations firm. AQR Capital Management, LLC operates as a subsidiary of AQR Capital Management Holdings, LLC, both based in Greenwich, Connecticut.