BREAKING: Foreign investors bought a net +$426 billion of US equities and investment fund shares in Q2 2026, the largest quarterly purchase on record. This marks the 9th consecutive quarterly net purchase, totaling +$1.6 trillion. By comparison, the previous record of +$299 billion was set in Q2 2022. Furthermore, foreign investor purchases of US equities and investment fund shares rose to +$942 billion in the 12 months ending in July, their largest rolling 12-month total in Treasury data going back to 1985. Meanwhile, foreign investors bought a net +$188 billion in US debt securities in Q2 2026, down from +$314 billion in Q1 2026. Foreign investors are piling into US equities.