Institutional investors purchased a net $1.0 million shares of VR during the quarter ended March 2013 and now own 96.96% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Property/Casualty Insurance industry and highlights that the smart money sees this stock as an important holding.
| Mutual fund holders | 50.50% |
| Other institutional | 46.47% |
| Individual stakeholders | 19.79% |