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 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; corporate equities; asset | FA893064105 | 82.7 | -122.8 | 744.7 | 338.0 | 291.9 | 897.8 | 1451.3 | 608.1 | 465.4 | 1 |
| Nonfinancial corporate business; corporate equities; liability | FA103164105 | -565.7 | -617.8 | -397.9 | -585.8 | -535.9 | -368.1 | -101.5 | -533.9 | -516.8 | 2 |
| Domestic financial sectors; corporate equities; liability | FA793164105 | 488.9 | 491.9 | 993.1 | 776.1 | 685.9 | 1119.4 | 1391.0 | 1053.0 | 918.2 | 3 |
| U.S.-chartered depository institutions; corporate equities; liability | FA763164105 | 17.3 | -8.5 | -12.5 | -66.2 | 2.7 | 3.3 | 10.0 | -13.3 | 2.3 | 4 |
| Property-casualty insurance companies; corporate equities; liability | FA513164105 | -16.3 | -11.7 | -8.1 | -18.9 | -16.5 | -12.6 | 15.7 | -21.0 | 0.7 | 5 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164175 | -30.3 | -24.0 | -34.1 | -44.7 | -20.3 | -23.6 | -47.7 | -35.9 | -8.1 | 6 |
| Closed-end funds; total financial assets | FA554090005 | -0.5 | -0.9 | -1.5 | 0.3 | -1.1 | -1.9 | -3.3 | -0.5 | 1.2 | 7 |
| Exchange-traded funds; total financial assets | FA564090005 | 609.3 | 597.5 | 1144.8 | 994.6 | 883.9 | 1177.7 | 1523.2 | 1284.6 | 1074.1 | 8 |
| Government-sponsored enterprises; corporate equities; liability | FA403164105 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | -0.3 | 0.0 | 0.0 | 0.0 | 9 |
| Mortgage real estate investment trusts; corporate equities; liability | FA643164105 | -6.1 | -0.3 | 1.3 | -0.1 | -2.5 | 11.4 | -3.4 | 5.8 | -0.6 | 10 |
| Security brokers and dealers; corporate equities; liability | FA663164105 | -6.9 | 12.4 | -4.2 | -23.1 | -31.9 | 53.2 | -15.1 | 0.9 | -10.9 | 11 |
| Holding companies; corporate equities; liability | FA733164105 | -77.5 | -72.7 | -92.6 | -65.7 | -128.4 | -87.8 | -88.4 | -167.5 | -140.5 | 12 |
| Other financial business; corporate equities; liability | FA503164105 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | -0.0 | 13 |
| Rest of the world; foreign corporate equities including foreign investment fund shares; liability (2) | FA263164100 | 159.5 | 3.1 | 149.5 | 147.7 | 141.9 | 146.5 | 161.9 | 88.9 | 64.0 | 14 |
| All sectors; corporate equities; asset | FA893064105 | 82.7 | -122.8 | 744.7 | 338.0 | 291.9 | 897.8 | 1451.3 | 608.1 | 465.4 | 15 |
| Households and nonprofit organizations; corporate equities; asset | FA153064105 | 348.6 | 209.4 | 1074.8 | 1184.0 | 1198.1 | 881.4 | 1035.7 | 1078.9 | -207.5 | 16 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -136.2 | -87.2 | -336.9 | -316.7 | -329.1 | -347.3 | -354.5 | -336.9 | -336.9 | 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 | 24.7 | -15.7 | -18.3 | -45.1 | -1.8 | -2.3 | -23.9 | 42.9 | -42.9 | 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 | -1.9 | 2.5 | 11.7 | 43.7 | 1.6 | 3.1 | -1.6 | 0.5 | -2.2 | 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 | -26.5 | -40.9 | -153.1 | -192.7 | -248.3 | -151.6 | -19.7 | 60.4 | -64.4 | 23 |
| Life insurance companies; corporate equities; asset | FA543064105 | -18.2 | -88.0 | -25.7 | -22.8 | 58.5 | -69.7 | -68.8 | 91.0 | -120.4 | 24 |
| Private pension funds, including 403(b) plans; corporate equities; asset | FA573064105 | 114.7 | -232.2 | -119.2 | -119.5 | -117.2 | -118.1 | -122.1 | -116.5 | -128.8 | 25 |
| Federal government retirement funds; corporate equities; asset | FA343064105 | -6.2 | 12.0 | 8.3 | 10.2 | 12.1 | -17.9 | 28.9 | -109.1 | -13.1 | 26 |
| State and local government employee defined benefit retirement funds; corporate equities; asset | FA223064145 | -78.4 | -73.7 | -204.3 | -128.0 | -325.5 | -218.9 | -144.7 | -64.9 | 57.3 | 27 |
| Mutual funds; corporate equities; asset | FA653064100 | -388.4 | -318.4 | -513.9 | -608.0 | -460.3 | -555.0 | -432.3 | -886.7 | -597.8 | 28 |
| Closed-end funds; corporate equities; asset | FA553064103 | 0.1 | 0.1 | -0.2 | 0.0 | -0.2 | -0.7 | 0.3 | -0.0 | -0.4 | 29 |
| Exchange-traded funds; corporate equities; asset | FA563064100 | 416.1 | 400.1 | 840.4 | 810.8 | 596.8 | 746.7 | 1207.5 | 818.3 | 690.0 | 30 |
| Security brokers and dealers; corporate equities (net); asset | FA663064105 | -41.7 | 53.2 | 1.2 | -42.1 | 44.6 | 69.6 | -67.4 | 51.5 | 69.7 | 31 |
| Other financial business; corporate equities; asset | FA503064105 | 0.0 | 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 | -124.1 | 55.9 | 179.8 | -236.0 | -137.4 | 678.6 | 414.0 | -21.3 | 1162.7 | 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: September 11, 2025