Foreign investors poured a record $425.6 billion into U.S. stocks and investment fund shares during the second quarter, a dramatic increase from the first three months of the year and the largest quarterly inflow in data stretching back to 1999.
The figure, published by the Bureau of Economic Analysis, was up from $23.3 billion in the first quarter and $262.6 billion during the same period a year earlier. Foreign purchases also surpassed the previous recent quarterly highs of $273.9 billion in the final three months of 2025 and $298.5 billion in the second quarter of 2022.