Institutional investors purchased a net $3.2 million shares of BEE during the quarter ended December 2012. This may signal that the smart money is gaining interest in this company as the 82.70% of shares outstanding that institutional investors hold is actually below the Real Estate Investment Trusts industry average.
| Mutual fund holders | 43.50% |
| Other institutional | 39.20% |
| Individual stakeholders | 18.80% |