Institutional investors hold a majority ownership of SHOO through the 88.69% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Apparel/Footwear industry. Last, during the quarter ended December 2012, these large investors purchased a net $594.9 thousand shares.
| Mutual fund holders | 50.58% |
| Other institutional | 38.11% |
| Individual stakeholders | 11.91% |