Institutional investors purchased a net $11.5 million shares of VMW during the quarter ended March 2013. This may signal that the smart money is gaining interest in this company as the 58.31% of the shares outstanding that institutional investors hold is among the lowest in the Information Technology Services industry.
| Individual stakeholders | 34.57% |
| Other institutional | 29.60% |
| Mutual fund holders | 28.72% |