Skip to content Skip to footer site map

Navigate Up
Sign In
Home
Treasury For...
AboutExpand About
Resource CenterExpand Resource Center
Empty
ServicesExpand Services
InitiativesExpand Initiatives
CareersExpand Careers
Connect with UsExpand Connect with Us

Press Center

 Report on U.S. Portfolio Holdings of Foreign Securities at End-Year 2013


10/31/2014
WASHINGTON – The findings from the annual survey of U.S. portfolio holdings of foreign securities at year-end 2013 were released today and posted on the Treasury web site at http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx.
 
The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. 
 
A complementary survey measuring foreign holdings of U.S. securities is also conducted annually.  Data from the most recent such survey, which reports on securities held at end-June 2014, are currently being processed. Preliminary results are expected to be reported on February 27, 2015.
 
Overall Results
 
This survey measured the value of U.S. portfolio holdings of foreign securities at year-end 2013 as approximately $9.1 trillion, with $6.5 trillion held in foreign equity, $2.3 trillion held in foreign long-term debt securities (original term-to-maturity in excess of one year), and $0.4 trillion held in foreign short-term debt securities.  The previous such survey, conducted as of year-end 2012, measured U.S. holdings of approximately $8.0 trillion, with $5.3 trillion held in foreign equity, $2.3 trillion held in foreign long-term debt securities, and $0.4 trillion held in foreign short-term debt securities. The largest gain occurred in equities, reflecting gains in global stock markets.
 
U.S. portfolio holdings of foreign securities by country at the end of 2013 were the largest for the United Kingdom ($1.344 trillion), followed by the Cayman Islands ($901 billion), Canada ($826 billion), and Japan ($686 billion) (see Table 2). These four countries attracted 41 percent of total U.S. portfolio investment.
The surveys are part of an internationally coordinated effort under the auspices of the International Monetary Fund (IMF) to improve the measurement of portfolio asset holdings.
 
Table 1.  U.S. holdings of foreign securities, by type of security, as of survey dates [1]
(Billions of dollars)
 
Type of Security
Dec. 31, 2012
Dec. 31, 2013
 
 
 
Long-term Securities
7,593
8,777
                Equity
5,322
6,473
                Long-term debt
2,271
2,305
Short-term debt securities
365
353
 
 
 
Total
7,958
9,130
 
 
 
U.S. Portfolio Investment by Country
 
Table 2.  Market value of U.S. holdings of foreign securities, by country and type of security, for the countries attracting the most U.S. investment, as of December 31, 2013 [1]

(Billions of dollars)

Country or category

Total

Equity

Debt

Total

Long-term

Short-term

United Kingdom

1,344

978

366

294

72

Cayman Islands

901

677

224

221

3

Canada

826

405

421

382

39

Japan

686

604

82

69

13

France

466

343

123

104

19

Switzerland

443

430

13

9

4

Germany

391

302

89

74

15

Netherlands

386

230

156

139

17

Australia

338

144

194

141

53

Ireland

281

228

53

51

1

Bermuda

211

179

32

32

*

Korea, South

183

147

36

34

1

Brazil

180

129

51

51

*

Sweden

165

88

77

43

34

Mexico

154

71

83

74

9

Rest of world

2,176

1,518

658

587

71

Total

9,130

6,473

2,658

2.305

353

*     Greater than zero but less than $500 million.

[1] The stock of foreign securities for December 31, 2013, reported in this survey may not, for a number of reasons, correspond to the stock of foreign securities on December 31, 2012, plus cumulative flows reported in Treasury’s transactions reporting system.  An analysis of the relationship between the stock and flow data is available in Table 4 and the associated text of the “Report on U.S. Portfolio Holdings of Foreign Securities” at end-year 2013.

Bookmark and Share

Treasury Facts

  • The Treasury is the oldest departmental building in Washington and at the time of its completion, it was one of the largest office buildings in the world.