[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-565444-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-565444-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","foreign-portfolio-holdings-of-us-securities-us-liquidity-survey-highlights","Foreign Portfolio Holdings of U.S. Securities - U.S. Liquidity Survey Highlights","","Foreign portfolio holdings of U.S. securities increased sharply by late June 2024, reaching $30.9 trillion in a benchmark survey. Foreign investors expanded equity holdings by $3.2 trillion and debt securities holdings by $849 billion, with equity price gains and net purchases driving different components. The report details ownership shares, shifts toward equities, regional differences, maturity profiles, and how private versus official investors influenced Treasury and corporate debt holdings.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/general/","General",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/foreign-portfolio-holdings-of-us-securities-us-liquidity-survey-highlights/565444/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/foreign-portfolio-holdings-of-us-securities-us-liquidity-survey-highlights/565444.png","ImageObject",442,249,{"name":42,"@type":43},"Aldword","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-26","2026-10-13",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",7,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What were foreign portfolio holdings of U.S. securities as of June 28, 2024?","Question",{"text":63,"@type":64},"Foreign portfolio holdings reached $30.9 trillion by end-June 2024 in the benchmark survey.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How did foreign investors’ equity and debt securities holdings change?",{"text":68,"@type":64},"Foreign investors’ U.S. equities rose by $3.2 trillion, while their debt securities holdings increased by $849 billion.",{"name":70,"@type":61,"acceptedAnswer":71},"What explains the increase in foreign debt securities holdings?",{"text":72,"@type":64},"The report states that net purchases were responsible for the rise in debt securities holdings, while equity price increases drove the equity component.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},565444,1792122301,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,119,124],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},18,"Letters",30,"letters",{"id":120,"doc_module":22,"doc_module_name":25,"category_name":121,"show_sort_weight":122,"slug":123},21,"Paper Templates",5,"papers-templates",{"id":125,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":126},158,"general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":125,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":142},2336478940917,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","Foreign Portfolio Holdings of U.S . Securities  \nAs of June 28, 2024  \nDepartment of the Treasury  \nFederal Reserve Bank of New York  \nBoard of Governors of the Federal Reserve System  \nApril 2025  \n1 Foreign Portfolio Holdings of U.S. Securities as of June 28, 2024  \n1 Key Takeaways from the U.S . Liabilities Survey for 2024  \nBuilding on a $2 trillion increase in 2023, foreign holdings of U.S. securities surged another $4 trillion, reaching $30.9 trillion at end-June 2024 in this benchmark survey (Figure 1) . Foreign investors’ holdings of U.S. equities rose $3.2 trillion and their holdings of debt securities rose $849 billion. Increases in U.S. equity prices drove the increase in equity holdings, while net purchases were responsible for the increase in debt securities holdings (Table 2) . Foreign investors purchased $850 billion in  \nlong-term U.S. debt, with $600 billion flowing into U.S. Treasury and agency securities. Purchases of U.S. Treasuries by foreign private investors were robust, at $450 billion, accounting for most of the $480 billion foreign inflow into Treasuries in the 12 months since the last survey.  \nForeign investors own 21 percent of all U.S. securities outstanding, a share that has remained fairly stable over the last decade (Figure 2) . The composition of foreign investors’ portfolio of U.S. securities has continued to shift toward equities on strong U.S. equity price increases: the percentage of foreign investors’ U.S. portfolios devoted to U.S. equities has risen consistently from 23 percent in 2009 to 55 percent in 2024 . By major asset type, foreign investors own 33 percent of U.S. Treasuries, 27 percent of U.S. corporate debt, and 18 percent of U.S. equities outstanding.  \nWith more savings to invest, Advanced Foreign Economies (AFE) hold $22.7 trillion of U.S. securities, far exceeding Emerging Market Economies’(EME) holdings of $4.4 trillion (Figure 4) . Since 2023, AFEs’ holdings have grown more quickly than EMEs’, in part because they are dominated by private holdings of riskier assets that experienced significant valuation gains —including $13 trillion of U.S. equities. In contrast, EME holdings are dominated by foreign official holdings of less risky assets like Treasury securities, which experienced smaller valuation gains (Figure 5) .  \nForeign ownership of Treasuries reached $8.2 trillion in 2024, or a third of U.S. Treasuries outstanding, a percentage that has been constant since 2020 (Figure 13) . Over the same period, official investors’ share of total foreign holdings of Treasuries declined from 59 percent to 47 percent (Table 15) . In dollar terms, foreign private holdings surpassed foreign official holdings in 2023, and now private investors hold $4.4 trillion compared to foreign official investors’ $3.8 trillion holdings. Foreign holdings of Treasuries have a weighted average maturity of 6.3 years and 76 percent are long-term nominal Treasuries (Tables 14 and 15) . Slowly declining holdings of the two top holders, Japan and China, contrast with rapidly rising holdings of the United Kingdom and Canada (Figure 14) .  \nForeign holdings of U.S. corporate debt reached $4.2 trillion (Figures 15), almost all of which is held by foreign private investors. Most of these holdings (83 percent) are denominated in U.S. dollars, and they have a weighted average maturity of 10.4 years (Figures 10 , 11, and 12) .  \nThe net asset position of U.S. residents in portfolio securities declined further in 2024, as foreign holdings of U.S. securities increased $3.1 trillion more than U.S. holdings of foreign securities, largely reflecting the outperformance of U.S. equity prices (Figure 3) .  \n2 Foreign Portfolio Holdings of U.S. Securities as of June 28, 2024  \nContents  \n1 Key Takeaways from the U.S . Liabilities Survey for 2024 1  \n2 Comprehensive Results from the U.S . Liabilities Survey for 2024 5  \n3 Definitions, Technical and Geographical Notes 44  \n3.1 Definitions .................................","cbCaivUEXbbUfbyr","https://ap.wps.com/l/cbCaivUEXbbUfbyr","pdf",2766807,135,"English","# Key Takeaways from the U.S. Liabilities Survey for 2024\n# Comprehensive Results from the U.S. Liabilities Survey for 2024\n# Definitions, Technical and Geographical Notes\n# Acknowledgments and Methodology\n# Statistical Appendix\n# U.S. Liabilities Survey Forms and Instructions","[{\"question\":\"What were foreign portfolio holdings of U.S. securities as of June 28, 2024?\",\"answer\":\"Foreign portfolio holdings reached $30.9 trillion by end-June 2024 in the benchmark survey.\"},{\"question\":\"How did foreign investors’ equity and debt securities holdings change?\",\"answer\":\"Foreign investors’ U.S. equities rose by $3.2 trillion, while their debt securities holdings increased by $849 billion.\"},{\"question\":\"What explains the increase in foreign debt securities holdings?\",\"answer\":\"The report states that net purchases were responsible for the rise in debt securities holdings, while equity price increases drove the equity component.\"}]","Foreign Portfolio Holdings of U.S. Securities - U.S. Liquidity Survey Highlights | PDF",1791853825,47]