Financial Accounts of the United States - Z.1
L.226 Mutual fund shares1
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Shares at market value | LM653164205 | 19599.7 | 21684.7 | 23635.4 | 22028.1 | 21684.7 | 21179.0 | 22685.8 | 23473.4 | 23635.4 |
| Line 2 | Holdings at market value | LM653164205 | 19599.7 | 21684.7 | 23635.4 | 22028.1 | 21684.7 | 21179.0 | 22685.8 | 23473.4 | 23635.4 |
| Line 3 | Household sector | LM153064205 | 11084.3 | 12328.8 | 13680.2 | 12543.0 | 12328.8 | 12056.5 | 12994.3 | 13598.4 | 13680.2 |
| Line 4 | Nonfinancial corporate business | LM103064203 | 325.2 | 404.5 | 500.2 | 400.4 | 404.5 | 407.8 | 450.1 | 483.7 | 500.2 |
| Line 5 | State and local governments | LM213064203 | 63.1 | 65.8 | 69.3 | 67.5 | 65.8 | 68.2 | 67.4 | 70.2 | 69.3 |
| Line 6 | U.S.-chartered depository institutions | LM763064203 | 10.5 | 11.3 | 14.4 | 10.4 | 11.3 | 13.0 | 14.7 | 16.0 | 14.4 |
| Line 7 | Credit unions | LM473064205 | 4.0 | 3.5 | 4.0 | 3.4 | 3.5 | 3.4 | 3.6 | 3.8 | 4.0 |
| Line 8 | Property-casualty insurance companies | LM513064205 | 34.0 | 37.1 | 39.7 | 37.0 | 37.1 | 35.4 | 37.3 | 38.9 | 39.7 |
| Line 9 | Life insurance companies | LM543064205 | 1535.0 | 1603.9 | 1671.7 | 1645.7 | 1603.9 | 1528.1 | 1622.8 | 1678.9 | 1671.7 |
| Line 10 | Private pension funds | LM573064205 | 5088.3 | 5540.0 | 5679.9 | 5660.9 | 5540.0 | 5379.1 | 5718.4 | 5694.2 | 5679.9 |
| Line 11 | State and local govt. pension funds | LM223064205 | 233.5 | 224.9 | 253.9 | 228.3 | 224.9 | 220.6 | 254.5 | 252.3 | 253.9 |
| Line 12 | Rest of the world | LM263064203 | 1221.8 | 1465.0 | 1722.0 | 1431.5 | 1465.0 | 1467.0 | 1522.7 | 1636.9 | 1722.0 |
Note:
- Shares of open-end investment companies; excludes shares of money market funds and exchange-traded funds.
Last Update: 2026-03-19