Institutional investors hold a majority ownership of UNP through the 82.44% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Railroads industry. Last, during the quarter ended December 2012, these large investors purchased a net $3.5 million shares.
| Mutual fund holders | 44.98% |
| Other institutional | 37.46% |
| Individual stakeholders | 3.71% |