Preliminary data from the June 2024 benchmark survey on foreign portfolio holdings of U.S. securities has been released by the Treasury Department. The final results, which may include revisions and additional details, are expected on April 30, 2025. This survey was conducted jointly by the Treasury, the Federal Reserve Bank of New York, and the Board of Governors of the Federal Reserve System. The next annual survey will cover holdings at the end of June 2025, with preliminary data anticipated by February 27, 2026.
The survey found that as of June 30, 2024, foreign holdings of U.S. securities were valued at $31,288 billion. This includes $16,988 billion in U.S. equities, $12,982 billion in long-term debt securities (with $1,635 billion in asset-backed securities and $11,347 billion in non-asset-backed securities), and $1,319 billion in short-term debt securities. In comparison to the previous year’s survey conducted on June 30, 2023, there was an increase from a total value of $26,872 billion.
Data from complementary surveys measuring U.S. holdings of foreign securities are being processed for year-end 2024 figures. Preliminary results are expected by August 29, 2025.
Foreign holdings increased across all categories compared to last year's figures: equities rose from $13,719 billion to $16,988 billion; long-term debt went up from $11,967 billion to $12,982 billion; and short-term debt increased from $1,186 billion to $1,319 billion.
The report also provides a breakdown by country for major investors in U.S. securities as of June 30, 2024. The United Kingdom leads with total holdings valued at $3,138 billion followed by Cayman Islands with $2,733 billion and Japan with $2,591 billion.
The Treasury Department noted that "long-term debt securities have an original term-to-maturity of over one year," while "asset-backed securities are backed by pools of assets" such as mortgages or credit card receivables.
Further detailed information is available on the Treasury website where this preliminary data has been published.
