Foreign Investors' Continued Love for Tesla, Q3 Foreign Securities Settlement Amount Up 12.5%
Tesla maintained its top position in both foreign securities custody amount and settlement amount in the third quarter of this year, proving the continued love from Seohak Ants (Korean overseas investors).
According to the Korea Securities Depository on the 13th, the custody amount of foreign securities held by domestic investors in the third quarter was $96.66 billion (approximately 130.491 trillion KRW), and the settlement amount was $102.59 billion. The custody amount decreased by 3.2% compared to the end of the previous quarter, but the settlement amount increased by 12.5%.
Among the custody amount of foreign securities, foreign stocks amounted to $70.89 billion, down 5.1% from the end of the previous quarter, while foreign bonds increased by 2.5% to $25.77 billion.
By overseas market, the United States accounted for the highest proportion at 67.7% of the total custody amount, and the top five markets including the US, Eurozone, Japan, Hong Kong, and China accounted for 97.8% of the total custody amount.
The top foreign stock custody amounts were all US stocks. The order was Tesla, Apple, Nvidia, ProShares UltraPro QQQ Exchange-Traded Fund (ETF), and Microsoft. The top 10 stocks by custody amount accounted for 48.5% of the total foreign stock custody amount.
Among the foreign securities settlement amount, foreign stocks amounted to $77.41 billion, up 13.0% from the previous quarter, and foreign bonds increased by 11.0% to $25.18 billion. By market, the US had the highest share at 76.4% of the total settlement amount, and the top five markets accounted for 99.6% of the total settlement amount.
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The top foreign stock settlement amounts were Tesla, Direxion Daily Semiconductor Bull 3X Shares ETF, Nvidia, Direxion Daily Semiconductor Bear 3X Shares ETF, and ProShares UltraPro QQQ ETF, with all top 10 stocks being US stocks.
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