Weekly Money Fund Portfolio Holdings
Crane Data published its latest Weekly Money Fund Portfolio Holdings statistics and summary Tuesday, which tracks a shifting subset of our monthly Portfolio Holdings collection. The latest cut, with data as of Friday, Feb. 1, 2019, includes Holdings information from 64 money funds (down from 81 on Jan. 25, 2019), representing $1.132 trillion, compared to $1.411 trillion in the prior week. That represents 36.2% 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 again dominated the holdings list with Repurchase Agreements (Repo) totaling $436.2 billion (a decline from $515.5 billion on Jan. 25), or 38.5% of holdings, Treasury debt totaling $374.3 billion (down from $452.1 billion), or 33.1%, and Government Agency securities totaling $204.9 billion (down from $262.9 billion), or 18.1%. Commercial Paper (CP) totaled $47.1 billion (down from $69.0 billion), or 4.2%, and Certificates of Deposit (CDs) totaled $38.8 billion (down from $50.2 billion), or 3.4%. A total of $12.7 billion or 1.1% was listed in the Other category (primarily Time Deposits), and VRDNs accounted for $17.7 billion, or 1.6%. The Ten Largest Issuers in our Weekly Holdings product include: the US Treasury with $374.3 billion (33.1% of total holdings), Federal Home Loan Bank with $151.7B (13.4%), BNP Paribas with $49.3B (4.4%), RBC with $46.9B (4.1%), Federal Farm Credit Bank with $40.8B (3.6%), Fixed Income Clearing Co with $31.5B (2.8%), Credit Agricole with $29.4B (2.6%), HSBC with $24.1B (2.1%), Fidelity with $20.7B (1.8%), and Mitsubishi UFJ Financial Group Inc. with $20.6B (1.8%). The Ten Largest Funds tracked in our latest Weekly Holdings update include: Fidelity Inv MM: Govt Port ($114.4B), Goldman Sachs FS Govt ($98.8B), BlackRock Lq FedFund ($85.2B), Wells Fargo Govt MMkt ($74.7B), BlackRock Lq T-Fund ($64.5B), Morgan Stanley Inst Liq Govt ($58.6B), Dreyfus Govt Cash Mgmt ($58.2B), Goldman Sachs FS Trs Instruments ($52.5B), Fidelity Inv MM: MMkt Port ($49.8B), and First American Govt Oblig ($42.5B). (Let us know if you'd like to see our latest domestic U.S. and/or "offshore" Weekly Portfolio Holdings collection and summary.)
