Weekly Portfolio Holdings Update
Crane Data published its latest Weekly Money Fund Portfolio Holdings statistics and summary Wednesday, which tracks a shifting subset of our monthly Portfolio Holdings collection. The latest cut, with data as of Jan. 11, 2019, includes Holdings information from 59 money funds (up from 43 on Dec. 28, 2018), and representing $985.98 billion, compared to $718.4 billion in our final December report. That represents 31.6% of the $3.124 trillion in total money fund assets tracked by Crane Data. (For our latest monthly Money Fund Portfolio Holdings numbers, see our Jan. 11 News, "Jan. MF Portfolio Holdings: Treasuries, Repo Jump; FICC Biggest Repo.") Our latest Weekly MFPH Composition summary shows Government assets dominating the holdings list with Repurchase Agreements (Repo) totaling $370.89 billion (up from $271.0 billion on Dec. 28), or 37.6% of holdings, Treasury debt totaling $320.45 billion (up from $195.4 billion), or 32.5%, and Government Agency securities totaling $188.06 billion (up from $162.0 billion), or 19.1%. Commercial Paper (CP) totaled $43.83 billion (up from $37.3 billion), or 4.4%, and Certificates of Deposit (CDs) totaled $34.61 billion (up from $28.6 billion), or 3.5%. A total of $18.06 billion or 1.8% was listed in the Other category (primarily Time Deposits), and VRDNs accounted for $10.1 billion, or 1.0%. The Ten Largest Issuers in our Weekly Holdings product include: the US Treasury with $320.4 billion (32.5% of total holdings), Federal Home Loan Bank with $132.6B (13.4%), RBC with $53.8 billion (5.5%), Federal Farm Credit Bank with $39.3B (4.0%), BNP Paribas with $33.0B (3.3%), Fixed Income Clearing Co with $32.4B (3.3%), Credit Agricole with $21.5B (2.2%), Mitsubishi UFJ Financial Group Inc with $19.1B (1.9%), Barclays PLC with $17.8B (1.8%), and ING Bank with $17.6B (1.8%). The Ten Largest Funds tracked in our latest Weekly Holdings update include: Fidelity Inv MM: Govt Port ($112.5B), Goldman Sachs FS Govt ($100.0B), Wells Fargo Govt MMkt ($76.8B), Goldman Sachs FS Trs Instruments ($59.3B), Dreyfus Govt Cash Mgmt ($56.5B), Morgan Stanley Inst Liq Govt ($54.1B), Fidelity Inv MM: MMkt Port ($46.7B), First American Govt Oblig ($40.4B), State Street Inst US Govt ($39.8B), and Dreyfus Treas Sec Cash Mg ($29.7B). (Let us know if you'd like to see our latest domestic U.S. and/or "offshore" Weekly Portfolio Holdings collection and summary.)
