Visualizing Foreign Holdings Of U.S. Equities

How much of the U.S. stock market is owned by foreigners?

According to the U.S. Treasury Department, foreigners owned $9.17 trillion worth of U.S. equities through the end of the second quarter of 2020, which is the equivalent of 35.7% of the total market capitalization of the S&P 500 (Index: SPX) at that time. That represents a slight increase over last year's figures. The following chart presents the raw numbers:

(Click on image to enlarge)

Market Capitalization of S&P 500 and Foreign Holdings of U.S. Equities, June 2002 - June 2020

In 2002, foreigners owned just $1.4 trillion, or the equivalent of 15% of the S&P 500's market cap at that time. In between, the share of U.S. equities held by foreigners rose steadily to peak at 36.5% in 2015 but has declined in recent years. In the next chart, we've shown how the foreign-held share of U.S. equities, which we're representing as the market cap of the S&P 500 has changed from 2002 through 2020.

(Click on image to enlarge)

Market Capitalization of S&P 500 and Foreign Holdings of U.S. Equities, June 2002 - June 2020

References

Standard and Poor. S&P 500 Earnings and Estimate Report. [Excel Spreadsheet].

U.S. Department of the Treasury. Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2020. [PDF Document]. 30 April 2021.

Disclaimer: Materials that are published by Political Calculations can provide visitors with free information and insights regarding the incentives created by the laws and policies described. ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.