Institutional investors purchased a net $1.9 million shares of ZBB during the quarter ended December 2012 and now own 19.33% of the total shares outstanding. This is a greater percentage than is typical for companies in the Electrical Products industry and highlights that the smart money sees this stock as an important holding.
| Individual stakeholders | 20.09% |
| Other institutional | 18.75% |
| Mutual fund holders | 0.57% |