Financial Accounts of the United States - Z.1
F.131 Holding Companies (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Holding companies; gross saving | FA736000105 | 119.4 | 124.7 | 183.1 | 171.1 | 171.2 | 166.2 | 169.5 | 177.7 | 170.5 | 1 |
| Holding companies; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA735013005 | 36.3 | 39.7 | 42.3 | 45.1 | 43.9 | 44.9 | 45.9 | 45.9 | 47.3 | 2 |
| Holding companies; total financial assets | FA734090005 | 137.7 | 82.7 | 227.1 | 168.9 | 98.8 | 95.5 | 514.3 | -33.0 | 416.8 | 3 |
| Holding companies; time and savings deposits; asset | FA733030005 | -96.5 | 78.4 | 17.3 | 30.6 | 49.1 | -42.9 | 106.2 | 9.8 | -53.8 | 4 |
| Holding companies; private foreign deposits at affiliates; asset | FA733091003 | -1.8 | -8.8 | 3.4 | -9.5 | -47.4 | 41.8 | -31.1 | -1.4 | 1.2 | 5 |
| Holding companies; security repurchase agreements; asset | FA732051003 | -15.3 | 3.0 | -2.2 | -1.5 | -9.2 | 1.6 | -0.4 | 2.0 | 7.8 | 6 |
| Holding companies; long-term debt securities; asset | FA734022605 | 29.4 | 58.6 | -4.9 | -3.6 | -37.6 | 13.8 | -9.6 | 18.8 | 10.3 | 7 |
| Holding companies; Treasury securities; asset | FA733061103 | 34.2 | 56.6 | -4.6 | -0.5 | -29.2 | 3.3 | 16.3 | 7.4 | 19.0 | 8 |
| Holding companies; agency- and GSE-backed securities; asset | FA733061703 | -8.4 | -3.1 | -1.6 | 0.1 | 0.9 | 1.6 | -1.2 | -0.8 | -0.7 | 9 |
| Holding companies; corporate and foreign bonds; asset | FA733063003 | 3.6 | 5.0 | 1.4 | -3.2 | -9.4 | 8.9 | -24.6 | 12.2 | -8.0 | 10 |
| Holding companies; other loans and advances; asset | FA733069005 | 23.6 | 21.4 | 0.5 | 7.2 | -2.7 | 1.3 | 2.0 | 28.3 | -2.5 | 11 |
| Holding companies; U.S. direct investment abroad: intercompany debt (market value) | FA733092305 | -2.7 | -4.1 | 1.4 | -3.3 | -0.6 | -6.1 | -4.9 | -1.7 | -3.8 | 12 |
| Holding companies; U.S. direct investment abroad: equity (market value) | FA733092103 | 28.5 | 22.5 | 32.4 | 29.4 | 64.8 | 14.9 | 42.9 | -4.9 | 11.9 | 13 |
| Holding companies; equity investment in affiliates; asset | FA733094635 | 82.3 | -42.5 | 42.3 | 88.4 | -53.8 | 112.6 | 210.0 | 84.7 | 165.6 | 14 |
| Holding companies; life insurance reserves; asset | FA733040005 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 15 |
| Holding companies; total miscellaneous assets | FA733090005 | 86.1 | -49.8 | 132.8 | 27.3 | 132.3 | -45.5 | 195.0 | -172.5 | 276.2 | 16 |
| Holding companies; other investment in affiliates; asset | FA733094735 | 87.6 | -49.3 | 138.1 | 24.0 | 115.7 | -52.1 | 192.1 | -159.9 | 257.8 | 17 |
| Holding companies; unidentified miscellaneous assets | FA733093005 | -1.4 | -0.5 | -5.4 | 3.4 | 16.6 | 6.6 | 2.9 | -12.6 | 18.4 | 18 |
| Holding companies; total liabilities and equity | FA734194005 | -46.1 | 87.0 | 6.7 | -46.6 | -13.3 | -134.3 | 226.1 | -265.0 | 178.0 | 19 |
| Holding companies; total liabilities | FA734190005 | 99.6 | 118.6 | 111.7 | 64.5 | 103.2 | -30.3 | 331.2 | -145.9 | 305.7 | 20 |
| Holding companies; security repurchase agreements; liability | FA732151003 | 0.0 | -0.0 | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 21 |
| Holding companies; debt securities; liability | FA734122005 | 65.0 | -3.2 | 19.6 | -14.2 | 8.8 | -93.3 | 220.5 | -192.8 | 259.5 | 22 |
| Holding companies; commercial paper; liability | FA733169103 | 3.0 | 1.4 | 3.1 | -5.6 | -5.1 | -6.6 | -14.2 | 3.4 | 6.7 | 23 |
| Holding companies; corporate and foreign bonds; liability | FA733163005 | 62.0 | -4.6 | 16.5 | -8.6 | 13.9 | -86.7 | 234.7 | -196.2 | 252.9 | 24 |
| Holding companies; foreign direct investment in U.S.: intercompany debt; liability (market value) (2) | FA733192305 | 2.4 | -29.1 | 1.1 | -20.9 | -2.2 | -41.9 | -45.6 | 6.0 | 2.7 | 25 |
| Holding companies; taxes payable, tax on foreign earnings retained abroad; liability | FA733178013 | -0.3 | -0.3 | -0.6 | -0.8 | 0.0 | -3.3 | 0.0 | 0.0 | 0.0 | 26 |
| Holding companies; total miscellaneous liabilities | FA733190005 | 32.5 | 151.2 | 91.6 | 100.5 | 96.6 | 108.2 | 156.3 | 40.8 | 43.5 | 27 |
| Holding companies; balances due to affiliates; liability | FA733194735 | 33.5 | 113.9 | 81.2 | 73.7 | 97.5 | 46.5 | 115.1 | 35.7 | 63.0 | 28 |
| Holding companies; unidentified miscellaneous liabilities | FA733193005 | -1.0 | 37.3 | 10.4 | 26.8 | -0.9 | 61.8 | 41.2 | 5.2 | -19.5 | 29 |
| Holding companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; asset | FA733181105 | -145.8 | -31.6 | -105.0 | -111.2 | -116.5 | -104.0 | -105.1 | -119.1 | -127.8 | 30 |
| Holding companies; corporate equities; liability | FA733164105 | -110.1 | -77.5 | -72.7 | -92.6 | -65.7 | -128.4 | -87.8 | -88.4 | -167.4 | 31 |
| Holding companies; foreign direct investment in U.S.: equity; liability (market value) (2) | FA733192103 | -35.7 | 45.9 | -32.3 | -18.6 | -50.8 | 24.4 | -17.4 | -30.7 | 39.6 | 32 |
| Holding companies; sector discrepancy | FA737005005 | -100.7 | 89.3 | -79.6 | -89.5 | 15.1 | -108.4 | -164.6 | -100.2 | -115.6 | 33 |
NOTES
- Parent-only bank holding companies, savings and loan holding companies and security holding companies that file Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
- Investment in U.S. Intermediate Holding Companies.
Last Update: June 12, 2025