Institutional investors purchased a net $3.1 million shares of FET during the quarter ended March 2013 and now own 93.65% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Oilfield Services/Equipment industry and highlights that the smart money sees this stock as an important holding.
| Other institutional | 68.60% |
| Individual stakeholders | 54.89% |
| Mutual fund holders | 25.06% |