Financial Accounts of the United States - Z.1
L.225.b Miscellaneous Other Equity
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2024 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; miscellaneous other equity; liability | FL893194905 | 18757.0 | 18309.3 | 18496.8 | 18336.3 | 18417.5 | 18496.8 | 18481.9 | 18463.2 | 18615.9 | 1 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | LM112090205 | 15896.6 | 15403.2 | 15511.6 | 15414.3 | 15436.1 | 15511.6 | 15417.3 | 15396.0 | 15478.0 | 2 |
| Security brokers and dealers; proprietors' equity in noncorporate business | LM662090003 | 109.8 | 123.8 | 140.6 | 128.0 | 131.9 | 140.6 | 152.1 | 153.1 | 158.0 | 3 |
| Households and nonprofit organizations; proprietors' equity in noncorporate business | LM152090205 | 16006.3 | 15527.0 | 15652.2 | 15542.4 | 15568.0 | 15652.2 | 15569.4 | 15549.1 | 15636.0 | 4 |
| Federal government; U.S. equity in International Bank for Reconstruction and Development (IBRD), etc.; asset | FL313092803 | 72.9 | 74.7 | 77.0 | 76.5 | 77.0 | 77.0 | 77.1 | 78.5 | 79.7 | 5 |
| Federal government; U.S. equity in International Bank for Reconstruction and Development (IBRD), etc.; asset | FL313092803 | 72.9 | 74.7 | 77.0 | 76.5 | 77.0 | 77.0 | 77.1 | 78.5 | 79.7 | 6 |
| Monetary authority; Federal Reserve bank stock; liability | FL713164003 | 35.0 | 36.1 | 37.2 | 36.5 | 36.7 | 37.2 | 37.4 | 38.8 | 39.0 | 7 |
| Monetary authority; Federal Reserve bank stock; liability | FL713164003 | 35.0 | 36.1 | 37.2 | 36.5 | 36.7 | 37.2 | 37.4 | 38.8 | 39.0 | 8 |
| Government-sponsored enterprises; equity in government-sponsored enterprises (GSEs); liability | FL403192405 | 60.8 | 64.9 | 64.1 | 64.8 | 63.7 | 64.1 | 62.4 | 64.9 | 63.0 | 9 |
| Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset | FL103092405 | 1.7 | 1.9 | 2.1 | 2.0 | 2.0 | 2.1 | 2.2 | 2.1 | 2.1 | 10 |
| Nonfinancial noncorporate business; equity in Farm Credit System; asset | FL113092405 | 15.1 | 18.3 | 19.1 | 18.7 | 18.6 | 19.1 | 18.8 | 19.1 | 19.3 | 11 |
| Federal government; equity in government-sponsored enterprises (GSEs); asset | FL313092403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12 |
| U.S.-chartered depository institutions; equity in FHLB; asset | FL763092405 | 29.4 | 29.4 | 25.3 | 27.8 | 26.1 | 25.3 | 23.4 | 25.1 | 22.6 | 13 |
| Credit unions; equity in FHLB; asset | FL473092403 | 6.3 | 6.1 | 6.8 | 6.2 | 6.5 | 6.8 | 6.7 | 6.8 | 6.7 | 14 |
| Property-casualty insurance companies; equity in FHLB; asset | FL513092403 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 15 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 8.1 | 8.8 | 10.6 | 9.7 | 10.1 | 10.6 | 11.0 | 11.5 | 11.9 | 16 |
| Finance companies; equity in FHLB; asset | FL613092403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 17 |
| Mortgage real estate investment trusts; equity in FHLB; asset | FL643092473 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| U.S.-chartered depository institutions; equity investment by parent holding company; liability | FL763194603 | 2103.0 | 2211.6 | 2327.1 | 2274.9 | 2345.4 | 2327.1 | 2379.3 | 2442.9 | 2479.9 | 19 |
| Property-casualty insurance companies; equity investment by parent holding company; liability | FL513194603 | 4.5 | 4.6 | 4.3 | 4.4 | 4.4 | 4.3 | 0.0 | 0.0 | 0.0 | 20 |
| Life insurance companies; equity investment by parent holding company; liability | FL543194603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Security brokers and dealers; equity investment by holding company parent; liability | FL663194605 | 349.6 | 267.3 | 232.3 | 216.8 | 198.9 | 232.3 | 229.6 | 164.2 | 193.2 | 22 |
| Holding companies; equity investment in affiliates; asset | FL733094635 | 2457.1 | 2483.6 | 2563.7 | 2496.1 | 2548.7 | 2563.7 | 2608.9 | 2607.1 | 2673.1 | 23 |
| Foreign banking offices in the U.S.; equity investment by funding corporations; liability | FL753194503 | 109.4 | 115.6 | 99.1 | 115.0 | 118.5 | 99.1 | 123.2 | 122.7 | 122.4 | 24 |
| Security brokers and dealers; investment by funding corporations; liability | FL663194505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 25 |
| Other financial business; equity investment in own subsidiaries; asset | FL503094505 | 109.4 | 115.6 | 99.1 | 115.0 | 118.5 | 99.1 | 123.2 | 122.7 | 122.4 | 26 |
| Federal government; Exchange Stabilization Fund Economic Recovery Programs investment in Money Market Mutual Fund Liquidity Facility (MMLF); asset | FL313094213 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 27 |
| Other financial business; Exchange Stabilization Fund Economic Recovery Programs Equity Investment in Federal Reserve credit facility LLCs; liability | FL503194205 | 15.4 | 7.4 | 3.5 | 5.0 | 5.0 | 3.5 | 3.5 | 2.0 | 2.7 | 28 |
| Federal government; Total Exchange Stabilization Fund Economic Recovery Programs investments in Federal Reserve credit facilities; asset | FL313094205 | 15.4 | 7.4 | 3.5 | 5.0 | 5.0 | 3.5 | 3.5 | 2.0 | 2.7 | 29 |
| Other financial business; equity investment in funds associated with PPIP; liability | LM503194305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 30 |
| Households and nonprofit organizations; equity investment in funding corporations under PPIP; asset (1) | LM153094305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 31 |
| Federal government; equity investment in funding corporations under PPIP; asset | LM313094303 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 32 |
NOTES
- Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
Last Update: January 9, 2026