Financial Accounts of the United States - Z.1
F51.1.s Corporate equities 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Issues at market value | LM893064105 | 76767.8 | 92360.3 | 108715.8 | 89638.5 | 98239.7 | 105694.8 | 108715.8 | 106042.9 | 123687.2 |
| Line 2 | Nonfinancial corporate business | LM103164105 | 51751.5 | 62768.0 | 71994.9 | 59428.5 | 65333.3 | 70397.2 | 71994.9 | 70018.4 | 83050.8 |
| Line 3 | Publicly traded | LM103164115 | 42480.1 | 51870.1 | 60314.8 | 48625.5 | 54308.9 | 58934.7 | 60314.8 | 58081.0 | 68353.3 |
| Line 4 | Closely held | LM103164125 | 9271.4 | 10897.9 | 11680.1 | 10803.1 | 11024.4 | 11462.5 | 11680.1 | 11937.4 | 14697.5 |
| Line 5 | Financial corporations | LM793164105 | 15434.6 | 19417.2 | 23648.8 | 19632.9 | 21148.1 | 22731.2 | 23648.8 | 23019.7 | 26193.8 |
| Line 6 | U.S.-chartered depository institutions | LM763164105 | 98.7 | 105.8 | 112.9 | 97.0 | 98.6 | 102.9 | 112.9 | 116.0 | 133.0 |
| Line 7 | Publicly traded(2) | LM763164113 | 91.5 | 97.6 | 104.4 | 89.4 | 91.0 | 95.0 | 104.4 | 107.0 | 121.3 |
| Line 8 | Closely held | LM763164123 | 7.3 | 8.2 | 8.4 | 7.6 | 7.6 | 7.9 | 8.4 | 9.0 | 11.7 |
| Line 9 | Property-casualty insurance companies | LM513164105 | 1153.4 | 1462.4 | 1596.8 | 1688.8 | 1578.7 | 1603.4 | 1596.8 | 1505.5 | 1584.3 |
| Line 10 | Publicly traded | LM513164113 | 1144.7 | 1450.8 | 1584.7 | 1676.1 | 1566.5 | 1591.4 | 1584.7 | 1492.5 | 1569.4 |
| Line 11 | Closely held | LM513164123 | 8.8 | 11.6 | 12.2 | 12.7 | 12.2 | 12.0 | 12.2 | 13.0 | 14.9 |
| Line 12 | Life insurance companies | LM543164175 | 255.0 | 288.7 | 293.8 | 291.4 | 286.9 | 296.8 | 293.8 | 268.0 | 299.6 |
| Line 13 | Publicly traded | LM543164113 | 248.6 | 280.3 | 285.9 | 283.6 | 279.1 | 289.0 | 285.9 | 260.2 | 290.7 |
| Line 14 | Closely held | LM543164123 | 6.4 | 8.4 | 7.9 | 7.8 | 7.8 | 7.9 | 7.9 | 7.8 | 8.9 |
| Line 15 | Closed-end funds | LM554090005 | 250.3 | 251.1 | 256.7 | 248.1 | 251.5 | 257.3 | 256.7 | 253.3 | 266.7 |
| Line 16 | Exchange-traded funds | LM564090005 | 8085.7 | 10305.4 | 13373.0 | 10369.1 | 11492.1 | 12635.1 | 13373.0 | 13552.3 | 15702.3 |
| Line 17 | Government-sponsored enterprises(2) | LM403164105 | 258.9 | 330.7 | 416.3 | 352.5 | 375.1 | 397.0 | 416.3 | 434.4 | 456.8 |
| Line 18 | Mortgage REITs | LM643164105 | 66.2 | 64.6 | 75.5 | 69.1 | 67.2 | 72.0 | 75.5 | 75.5 | 78.9 |
| Line 19 | Publicly traded | LM643164113 | 62.2 | 60.5 | 70.6 | 64.6 | 62.9 | 67.3 | 70.6 | 70.1 | 72.4 |
| Line 20 | Closely held | LM643164123 | 4.0 | 4.1 | 4.9 | 4.5 | 4.2 | 4.7 | 4.9 | 5.5 | 6.5 |
| Line 21 | Business development companies | LM453164105 | 162.5 | 225.4 | 286.7 | 246.1 | 260.4 | 276.3 | 286.7 | 285.6 | 283.8 |
| Line 22 | Publicly traded | LM453164113 | 70.8 | 75.7 | 81.6 | 82.4 | 82.1 | 82.6 | 81.6 | 79.1 | 78.1 |
| Line 23 | Closely held | LM453164123 | 91.7 | 149.6 | 205.1 | 163.7 | 178.2 | 193.7 | 205.1 | 206.5 | 205.7 |
| Line 24 | Interval and tender offer funds | LM463164105 | 131.7 | 171.7 | 236.8 | 189.6 | 203.0 | 223.3 | 236.8 | 247.7 | 264.4 |
| Line 25 | Brokers and dealers | LM663164105 | 105.3 | 169.6 | 244.5 | 164.0 | 226.6 | 272.8 | 244.5 | 198.4 | 235.1 |
| Line 26 | Publicly traded | LM663164113 | 102.1 | 163.3 | 233.6 | 157.7 | 217.3 | 260.3 | 233.6 | 188.9 | 221.9 |
| Line 27 | Closely held | LM663164123 | 3.2 | 6.4 | 10.8 | 6.3 | 9.4 | 12.5 | 10.8 | 9.4 | 13.2 |
| Line 28 | Holding companies | LM733164105 | 2626.6 | 3409.8 | 4259.3 | 3288.1 | 3762.4 | 4034.5 | 4259.3 | 3893.7 | 4457.2 |
| Line 29 | Publicly traded(2) | LM733164113 | 2508.9 | 3254.4 | 4064.4 | 3137.3 | 3593.1 | 3850.9 | 4064.4 | 3693.0 | 4192.2 |
| Line 30 | Closely held | LM733164123 | 117.6 | 155.4 | 195.0 | 150.8 | 169.3 | 183.6 | 195.0 | 200.7 | 265.0 |
| Line 31 | Other financial business | LM503164105 | 2240.2 | 2631.9 | 2496.6 | 2629.1 | 2545.6 | 2559.8 | 2496.6 | 2189.3 | 2431.7 |
| Line 32 | Publicly traded(2) | LM503164115 | 2137.2 | 2507.9 | 2365.2 | 2500.9 | 2413.4 | 2424.5 | 2365.2 | 2054.4 | 2282.6 |
| Line 33 | Closely held | LM503164125 | 103.0 | 124.0 | 131.4 | 128.2 | 132.2 | 135.2 | 131.4 | 134.9 | 149.1 |
| Line 34 | Rest of the world(3) | LM263164105 | 9581.7 | 10175.1 | 13072.0 | 10577.0 | 11758.3 | 12566.4 | 13072.0 | 13004.8 | 14442.5 |
| Line 35 | Holdings at market value | LM893064105 | 76767.8 | 92360.3 | 108715.8 | 89638.5 | 98239.7 | 105694.8 | 108715.8 | 106042.9 | 123687.2 |
| Line 36 | Household sector | LM153064105 | 30370.2 | 36999.3 | 44322.8 | 36522.2 | 39641.4 | 42969.7 | 44322.8 | 44007.8 | 52119.2 |
| Line 37 | Nonfinancial corporate business | LM103064103 | 2913.8 | 3260.5 | 3614.2 | 3077.3 | 3360.4 | 3576.8 | 3614.2 | 3403.8 | 3866.9 |
| Line 38 | Federal government | LM313064105 | 255.2 | 323.0 | 414.2 | 340.2 | 357.4 | 389.6 | 414.2 | 443.4 | 512.7 |
| Line 39 | State and local governments | LM213064103 | 134.4 | 140.8 | 148.9 | 142.3 | 146.3 | 150.2 | 148.9 | 148.6 | 149.4 |
| Line 40 | Central bank | FL713064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 41 | U.S.-chartered depository institutions | LM763064103 | 59.7 | 79.8 | 96.2 | 81.2 | 85.0 | 91.1 | 96.2 | 95.6 | 102.5 |
| Line 42 | Foreign banking offices in U.S. | FL753064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 43 | Property-casualty insurance companies | LM513064105 | 596.3 | 545.9 | 613.3 | 538.1 | 576.8 | 594.2 | 613.3 | 612.6 | 682.8 |
| Line 44 | Life insurance companies | LM543064105 | 695.9 | 800.5 | 824.5 | 782.8 | 830.2 | 849.7 | 824.5 | 786.8 | 861.4 |
| Line 45 | Private pension funds | LM573064105 | 3410.2 | 4192.6 | 4875.7 | 3734.0 | 4198.5 | 4751.0 | 4875.7 | 4644.4 | 5333.4 |
| Line 46 | Federal government pension funds | LM343064105 | 534.5 | 650.7 | 733.6 | 599.6 | 664.5 | 718.5 | 733.6 | 703.9 | 780.3 |
| Line 47 | State and local govt. pension funds | LM223064145 | 3223.0 | 3434.5 | 3855.2 | 3384.5 | 3641.1 | 3797.1 | 3855.2 | 3657.2 | 4065.8 |
| Line 48 | Mutual funds | LM653064100 | 13882.1 | 15646.1 | 17115.6 | 14991.8 | 16443.0 | 17030.0 | 17115.6 | 16408.0 | 18621.5 |
| Line 49 | Closed-end funds | LM553064103 | 99.8 | 104.1 | 112.2 | 102.7 | 107.1 | 111.9 | 112.2 | 112.0 | 122.8 |
| Line 50 | Exchange-traded funds | LM563064100 | 6433.4 | 8352.9 | 10760.9 | 8249.2 | 9262.4 | 10207.9 | 10760.9 | 10753.4 | 12797.4 |
| Line 51 | Business development companies | LM453064103 | 30.3 | 34.1 | 41.8 | 35.0 | 36.1 | 38.7 | 41.8 | 41.9 | 46.1 |
| Line 52 | Interval and tender offer funds | LM463064105 | 60.6 | 82.6 | 128.9 | 97.2 | 105.5 | 116.5 | 128.9 | 138.6 | 149.2 |
| Line 53 | Hedge funds | LM623064105 | 622.9 | 757.2 | 856.2 | 707.4 | 770.1 | 821.2 | 856.2 | 788.0 | 906.2 |
| Line 54 | Private debt funds | LM443064100 | 128.2 | 149.7 | 172.8 | 148.3 | 155.9 | 164.3 | 172.8 | 173.5 | 177.6 |
| Line 55 | Brokers and dealers | LM663064105 | 116.1 | 143.2 | 140.9 | 148.7 | 182.0 | 169.3 | 140.9 | 186.1 | 181.4 |
| Line 56 | Other financial business | FL503064105 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 57 | Rest of the world(4) | LM263064105 | 13200.9 | 16662.7 | 19887.8 | 15956.1 | 17676.1 | 19147.2 | 19887.8 | 18937.3 | 22210.7 |
| Memo: | |||||||||||
| Line 58 | Publicly traded equity at market value(5) | LM883164115 | 57440.9 | 70647.9 | 83151.2 | 67587.3 | 74733.0 | 80885.1 | 83151.2 | 80266.1 | 93607.7 |
| Line 59 | Closely held equity at market value(6) | LM883164125 | 9745.3 | 11537.3 | 12492.5 | 11474.2 | 11748.4 | 12243.3 | 12492.5 | 12771.9 | 15637.0 |
| Line 60 | S corporations | LM883164133 | 7382.4 | 8792.2 | 9509.0 | 8699.3 | 9040.4 | 9313.0 | 9509.0 | 9761.3 | 12069.7 |
| Line 61 | C corporations | LM883164135 | 2362.9 | 2745.1 | 2983.5 | 2774.9 | 2708.0 | 2930.3 | 2983.5 | 3010.6 | 3567.2 |
| Line 62 | Percent change in Dow Jones U.S. Total Market Index | PC073164013 | 24.06 | 22.21 | 15.59 | -5.18 | 10.72 | 7.89 | 2.05 | -4.28 | 15.39 |
Notes:
- Includes shares of closed-end funds, exchange-traded funds, real estate investment trusts, business development companies, and interval and tender offer funds.
- Includes corporate equities issued by financial corporations under the federal financial stabilization programs.
- Holdings of foreign corporate equities and investment fund shares by U.S. residents; includes American Depositary Receipts (ADRs).
- Holdings of U.S. issues by foreign residents.
- Equal to the sum of lines 3, 7, 10, 13, 15, 16, 17, 19, 22, 26, 29, and 32.
- Equal to the sum of lines 4, 8, 11, 14, 20, 23, 24, 27, 29, and 33.
Last Update: September 11, 2026