Institutional investors purchased a net $377.4 thousand shares of CDXS during the quarter ended December 2012 and now own 23.94% of the total shares outstanding. This is a greater percentage than is typical for companies in the Chemicals: Specialty industry and highlights that the smart money sees this stock as an important holding.
| Individual stakeholders | 37.95% |
| Other institutional | 13.92% |
| Mutual fund holders | 10.02% |