ICI: MMF Assets Lower This Week
The Investment Company Institute's latest weekly "Money Market Fund Assets" report shows money fund assets falling by $22.7 billion to $7.797 trillion, after increasing by $85.0 billion the previous week. Five weeks prior assets were a record $7.804 trillion. Assets have risen in 16 of the last 21 weeks and 24 of the past 30 weeks. MMF assets are up by $851 billion, or 12.3%, over the past 52 weeks (through 2/11/26), with Institutional MMFs up $556 billion, or 13.4% and Retail MMFs up $295 billion, or 10.6%. Year-to-date in 2026, MMF assets are up by $41 billion, or 0.5%, with Institutional MMFs up $39 billion, or 0.8% and Retail MMFs up $2 billion, or 0.1%. ICI's weekly release says, "Total money market fund assets decreased by $22.70 billion to $7.77 trillion for the week ended Wednesday, February 11, the Investment Company Institute reported.... Among taxable money market funds, government funds decreased by $22.17 billion and prime funds increased by $31 million. Tax-exempt money market funds decreased by $558 million." ICI's stats show Institutional MMFs decreasing $25.1 billion and Retail MMFs increasing $2.4 billion in the latest week.`Total Government MMF assets, including Treasury funds, were $6.388 trillion (82.2% of all money funds), while Total Prime MMFs were $1.243 trillion (16.0%) <b:>`_. Tax Exempt MMFs totaled $142.1 billion (1.8%). It explains, "Assets of retail money market funds increased by $2.36 billion to $3.08 trillion. Among retail funds, government money market fund assets increased by $1.29 billion to $1.95 trillion, prime money market fund assets increased by $1.04 billion to $1.00 trillion, and tax-exempt fund assets increased by $31 million to $129.17 billion." Retail assets account for 39.6% of the total, and Government Retail assets make up 63.3% of all Retail MMFs. They add, "Assets of institutional money market funds decreased by $25.06 billion to $4.69 trillion. Among institutional funds, government money market fund assets decreased by $23.46 billion to $4.44 trillion, prime money market fund assets decreased by $1.01 billion to $241.70 billion, and tax-exempt fund assets decreased by $589 million to $12.94 billion." Institutional assets accounted for 60.4% of all MMF assets, with Government Institutional assets making up 94.6% of all institutional MMF totals. According to Crane Data's separate Money Fund Intelligence Daily series, money fund assets have increased by $37.5 billion to $8.179 trillion month-to-date in February (as of 2/11); the record high was $8.188 trillion on 2/4. Assets increased by $32.9 in January, $126.3 billion in December, $132.8 billion in November, $142.1 billion in October, $105.2 billion in September and $132.0 billion in August. They rose $63.7 billion in July, $6.7 billion in June and $100.9 billion in May. MMFs fell by $24.4 billion in April, but rose $2.8 trillion in March and $94.2 billion last February. Note that ICI's asset totals don't include a number of funds tracked by the SEC and Crane Data, so they're almost $400 billion lower than Crane's asset series.
