The State Street Institutional Investor Indicators provide investors, policymakers, and the public with insights into the aggregated and anonymized positioning, risk appetite, and portfolio carbon exposures of thousands of institutional investors around the world, representing trillions of dollars in assets.
The Holdings Indicator tracks the aggregated portfolio holdings of institutional investors across stocks, bonds, and cash in percentage terms.
- The Institutional Investor Holdings Indicator measures the broad asset allocations of institutional investors to cash, stocks, and bonds
- During times of market stress, cash allocations tend to rise while stock allocations tend to fall
- When short-term interest rates are relatively high, cash holdings tend to rise relative to bonds
- Released monthly
Holdings
Institutional investors spent the month of June adding to their allocation to stocks – exposure to stocks increased by 0.7% and currently stands above the start-of-the-year level. The increase in allocation to stocks has been mainly funded by a lower allocation to cash – another pro-risk signal, while bond holdings remain virtually unchanged.
RiskAppetite
Institutional investors end the first half of the year on a high note – they are aggressively buying into risk as stocks are reaching new highs. The State Street Risk Appetite Index stood at a high level of +0.36 at the end of June.
- Fixed Income ex Bills
- Equities
- Cash