WASHINGTON – The final results from the annual survey of foreign portfolio holdings of U.S. securities at the end of June 2025 were released today on the Treasury website at https://home.treasury.gov/
Complementary surveys measuring U.S. holdings of foreign securities are also carried out annually. Data from the most recent survey, reporting on securities held at year-end 2025, are currently being processed. Preliminary results are expected to be reported by August 31, 2026.
The survey measured the value of foreign portfolio holdings of U.S. securities as of June 30, 2025, to be $35,349 billion, with $19,860 billion held in U.S. equities, $13,840 billion in U.S. long-term debt securities [/1] (of which $1,626 billion are holdings of asset-backed securities (ABS) [/2] and $12,214 billion are holdings of non-ABS securities), and $1,649 billion held in U.S. short-term debt securities. The previous survey, conducted as of June 30, 2024, measured the value of total portfolio foreign holdings of U.S. securities at $30,881 billion, with holdings of $16,878 billion in U.S. equities, $12,688 billion in U.S. long-term debt securities, and $1,314 billion in U.S. short-term debt securities (see Table A).
[/1] Long-term debt securities have an original term-to-maturity of over one year.
[/2] Asset-backed securities are backed by pools of assets, such as pools of residential home mortgages or credit card receivables, which give the security owners claims against the cash flows generated by the underlying assets. Unlike most other debt securities, these securities generally repay both principal and interest on a regular basis, reducing the principal outstanding with each payment cycle.
