Institutional investors purchased a net $9.3 million shares of NNA during the quarter ended December 2012 and now own 23.67% of the total shares outstanding. This is a greater percentage than is typical for companies in the Marine Shipping industry and highlights that the smart money sees this stock as an important holding.
| Mutual fund holders | 4.96% |
| Individual stakeholders | 4.48% |
| Other institutional | 18.70% |