Institutional investors purchased a net $5.4 million shares of GWRE during the quarter ended January 2013 and now own 83.89% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Information Technology Services industry and highlights that the smart money sees this stock as an important holding.
| Mutual fund holders | 42.76% |
| Other institutional | 41.13% |
| Individual stakeholders | 13.99% |