Institutional investors purchased a net $16.9 million shares of SBY during the quarter ended December 2012. This may signal that the smart money is gaining interest in this company as the 64.27% of shares outstanding that institutional investors hold is actually below the Real Estate Development industry average.
| Individual stakeholders | 51.04% |
| Other institutional | 44.38% |
| Mutual fund holders | 19.89% |