Institutional investors purchased a net $1.1 million shares of EXPD during the quarter ended March 2013 and now own 89.47% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Air Freight/Couriers industry and highlights that the smart money sees this stock as an important holding.
| Other institutional | 45.82% |
| Mutual fund holders | 43.65% |
| Individual stakeholders | 2.73% |