Institutional investors hold a majority ownership of VZ through the 57.73% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Major Telecommunications industry. Last, during the quarter ended March 2013, these large investors purchased a net $20.8 million shares.
| Mutual fund holders | 29.01% |
| Other institutional | 28.72% |
| Individual stakeholders | 0.30% |