Financial Accounts of the United States - Z.1
F.224 Corporate Equities (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate equities; asset | FA893064105 | 912.2 | 103.1 | -134.2 | 773.7 | 480.1 | 198.7 | 953.2 | 1462.8 | 982.0 | 1 |
| Nonfinancial corporate business; corporate equities; liability | FA103164105 | -96.7 | -545.2 | -621.3 | -378.5 | -587.0 | -540.4 | -310.3 | -76.1 | -161.5 | 2 |
| Domestic financial sectors; corporate equities; liability | FA793164105 | 811.6 | 488.9 | 491.8 | 994.3 | 776.1 | 691.7 | 1118.6 | 1390.9 | 1054.6 | 3 |
| U.S.-chartered depository institutions; corporate equities; liability | FA763164105 | 2.3 | 17.3 | -8.5 | -12.5 | -66.2 | 2.7 | 3.3 | 10.0 | -13.3 | 4 |
| Property-casualty insurance companies; corporate equities; liability | FA513164105 | -10.0 | -16.3 | -11.7 | -8.1 | -18.9 | -16.5 | -12.6 | 15.7 | -21.0 | 5 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164175 | -25.4 | -30.3 | -24.0 | -34.1 | -44.7 | -20.3 | -23.6 | -47.7 | -34.6 | 6 |
| Closed-end funds; total financial assets | FA554090005 | 17.0 | -0.5 | -0.9 | -1.5 | 0.3 | -1.1 | -1.9 | -3.3 | -0.4 | 7 |
| Exchange-traded funds; total financial assets | FA564090005 | 935.5 | 609.3 | 597.5 | 1144.4 | 994.6 | 883.1 | 1176.9 | 1523.2 | 1284.7 | 8 |
| Government-sponsored enterprises; corporate equities; liability | FA403164105 | 0.1 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | -0.3 | 0.0 | 0.0 | 9 |
| Mortgage real estate investment trusts; corporate equities; liability | FA643164105 | 7.0 | -6.1 | -0.3 | 1.3 | -0.1 | -2.5 | 11.4 | -3.4 | 5.8 | 10 |
| Security brokers and dealers; corporate equities; liability | FA663164105 | -4.8 | -6.9 | 12.4 | -4.2 | -23.1 | -31.9 | 53.2 | -15.1 | 0.9 | 11 |
| Holding companies; corporate equities; liability | FA733164105 | -110.1 | -77.5 | -72.7 | -92.6 | -65.7 | -128.4 | -87.8 | -88.4 | -167.4 | 12 |
| Other financial business; corporate equities; liability | FA503164105 | 0.0 | 0.0 | 0.0 | 1.6 | 0.0 | 6.5 | -0.0 | 0.0 | -0.0 | 13 |
| Rest of the world; foreign corporate equities including foreign investment fund shares; liability (2) | FA263164100 | 197.3 | 159.5 | -4.7 | 157.8 | 290.9 | 47.4 | 144.9 | 148.0 | 88.9 | 14 |
| All sectors; corporate equities; asset | FA893064105 | 912.2 | 103.1 | -134.2 | 773.7 | 480.1 | 198.7 | 953.2 | 1462.8 | 982.0 | 15 |
| Households and nonprofit organizations; corporate equities; asset | FA153064105 | 1339.4 | 307.2 | -150.5 | 851.1 | 390.1 | 1278.4 | 818.9 | 917.0 | 1171.4 | 16 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -101.4 | -136.2 | -87.2 | -377.0 | -354.3 | -368.2 | -388.6 | -396.7 | -377.0 | 17 |
| Federal government; corporate equities; asset | FA313064105 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| State and local governments; corporate equities; asset | FA213064103 | -36.1 | 25.0 | -14.7 | -17.8 | -44.0 | -1.3 | -1.4 | -24.3 | 43.2 | 19 |
| Monetary authority; corporate equities; asset | FA713064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 20 |
| U.S.-chartered depository institutions; corporate equities, excluding Federal Reserve stock and equity in GSEs; asset | FA763064103 | 2.4 | -1.9 | 2.5 | 11.7 | 43.7 | 1.6 | 3.1 | -1.6 | 0.5 | 21 |
| Foreign banking offices in the U.S.; corporate equities; asset | FA753064103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 22 |
| Property-casualty insurance companies; corporate equities, including those held by U.S. residual market reinsurers; asset | FA513064105 | 2.6 | 38.5 | -24.8 | -139.0 | -104.3 | -280.4 | -138.0 | -33.3 | -18.2 | 23 |
| Life insurance companies; corporate equities; asset | FA543064105 | -78.4 | -3.3 | -65.2 | 27.3 | 51.6 | 47.9 | -24.2 | 34.1 | -47.7 | 24 |
| Private pension funds, including 403(b) plans; corporate equities; asset | FA573064105 | -295.0 | 114.7 | 6.7 | 37.8 | 54.5 | 61.7 | 25.5 | 9.4 | 30.7 | 25 |
| Federal government retirement funds; corporate equities; asset | FA343064105 | 10.2 | -6.2 | 12.0 | 7.7 | 10.2 | 12.1 | -17.9 | 26.4 | -109.1 | 26 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -129.9 | -96.7 | -91.6 | -232.2 | -134.3 | -345.3 | -278.7 | -170.3 | -223.2 | 27 |
| Mutual funds; corporate equities; asset | FA653064100 | -316.7 | -388.3 | -318.4 | -513.9 | -607.9 | -460.3 | -555.0 | -432.3 | -888.9 | 28 |
| Closed-end funds; corporate equities; asset | FA553064103 | 7.8 | 0.1 | 0.1 | -0.2 | 0.0 | -0.2 | -0.7 | 0.3 | -0.0 | 29 |
| Exchange-traded funds; corporate equities; asset | FA563064100 | 731.6 | 416.1 | 400.1 | 840.2 | 810.9 | 596.1 | 746.2 | 1207.5 | 815.7 | 30 |
| Security brokers and dealers; corporate equities (net); asset | FA663064105 | -103.4 | -41.7 | 53.2 | 1.2 | -42.1 | 44.6 | 69.6 | -67.4 | 51.5 | 31 |
| Other financial business; corporate equities; asset | FA503064105 | -8.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 32 |
| Rest of the world; U.S. corporate equities; asset (3) | FA263064105 | -112.4 | -124.1 | 143.4 | 276.6 | 406.0 | -388.0 | 694.3 | 394.1 | 533.1 | 33 |
NOTES
- Includes shares of exchange-traded funds, closed-end funds, and real estate investment trusts. Excludes mutual fund shares shown on table F.226.
- Net purchases of foreign corporate equities and investment fund shares by U.S. residents; includes American Depositary Receipts (ADRs).
- Net purchases of U.S. issues by foreign residents.
Last Update: June 12, 2025