Institutional investors purchased a net $3.1 million shares of MS during the quarter ended March 2013. This may signal that the smart money is gaining interest in this company as the 83.70% of shares outstanding that institutional investors hold is actually below the Investment Banks/Brokers industry average.
| Other institutional | 58.30% |
| Individual stakeholders | 3.16% |
| Mutual fund holders | 25.40% |