Institutional investors purchased a net $7.0 million shares of FDX during the quarter ended February 2013. This may signal that the smart money is gaining interest in this company as the 80.63% of shares outstanding that institutional investors hold is actually below the Air Freight/Couriers industry average.
| Individual stakeholders | 7.33% |
| Mutual fund holders | 40.97% |
| Other institutional | 39.66% |