TIC Data Rebound in Purchases of US Equities in June

Economics Research 18 August 2026 | 9:26AM EDT

TIC Data: Rebound in Purchases of US Equities in June

June saw marginal net selling of US Treasuries driven by official investors. June saw Lexi Kanter | strong net purchases of US equities after several months of relatively subdued net Goldman Sachs & Co. LLC purchases.

In June, based on the valuation-adjusted estimates of preliminary data from the US Treasury, foreign investors net purchased long-term US securities (see table below). In greater detail, foreign investors sold long-term US Treasuries and agency securities while they purchased corporate bonds and equities. Private investors drove net purchases into equities and corporate bonds and net selling of agency securities. Official investors drove net selling of long-term US Treasuries.

Canada was the largest net buyer of long-term Treasuries in June after having been the largest net buyer in May. Canada was followed by Belgium. China was the largest net seller in June. At the regional level, Europe and Latin America were net buyers in June while Asia was a net seller.

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$bn Change in Valuation-adjusted Foreign Holdings of Long $bn $bn Change in Valuation-adjusted Foreign Holdings of US $bn 200 Term US Treasuries by Investor Type 200 300 Corporate Stocks by Investor Type 300 Net Purchases 250 Private Official Total

0 0 -50 -50 Private -50 -50 -100 Official -100 Net Sales Total -

Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 -200 -200

Jan-25 Feb-25 Mar-25 Apr-25 May-25 d Change in Holdings of US Corporate Stocks by Region Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 $bn May-26 Jun-26

Source: Haver Analytics, US Treasury, Goldman Sachs Global Investment Source: Haver Analytnet ics, US Treasury, Goldman Sachs Global Investment Research Research

$bn Change in Valuation-adjusted Holdings of Long Term US Treasuries by Region $bn $bn Change in Valuation-adjusted Holdings of US Corporate Stocks by Region $bn Other EM Asia ex China Other EM Asia ex China 300 Latam Japan Latam Japan Mainland China Canada 250 UK Other Europe 250 250 Mainland China Canada 250 Euro Area Total UK Other Europe Euro Area Total

-150 -150 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26

Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26

Source: Haver Analytics, US Treasury, Goldman Sachs Global Investment Source: Haver Analytics, US Treasury, Goldman Sachs Global Investment Research Research