Foreign net purchases of US stocks more than doubled last year.

Data released by the US Treasury Department on Wednesday showed that the net inflow from overseas surged to $720.1 billion last year, a 134% increase from $307.5 billion in 2024, marking the highest growth rate in at least a decade. "At least for stocks, the so-called 'de-Americanization' is exaggerated," said Owen Lamont, Senior Vice President and Portfolio Manager at Acadian Asset Management LLC.