| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.73 |
| JPMorgan Prime MM Capital (CJPXX) | 3.71 |
| Morgan Stanley Inst Liq Prime MMP Inst (MPFXX) | 3.70 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.69 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.64 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.73 |
| Allspring MMF Prm (WMPXX) | 3.72 |
| Invesco Premier Institutional (IPPXX) | 3.72 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.70 |
| UBS Prime Preferred Fund (UPPXX) | 3.68 |
| Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.10 |
| Federated Hermes Muni Oblig WS (MOFXX) | 2.00 |
| Allspring Nat T-F Prem (WFNXX) | 1.94 |
| T Rowe Price Tax-Exempt MF I (TERXX) | 1.93 |
| Schwab Municipal MF Ultra (SWOXX) | 1.88 |
Crane Data's latest monthly Money Fund Market Share rankings show assets up among the largest U.S. money fund complexes in February, after being mixed in January, and jumping in November and December. Assets have increased in 19 of the past 20 months (only April 2025 saw declines). Money market fund assets rose by $94.0 billion, or 1.2%, last month to a record $8.244 trillion. Total MMF assets have increased by $256.0 billion, or 3.2%, over the past 3 months, and they've increased by $913.7 billion, or 12.5%, over the past 12 months. The largest increases among the 25 largest managers last month were seen by American Funds, SSIM, Fidelity, Invesco and Federated Hermes, which grew assets by $16.5 billion, $13.1B, $12.5B, $11.6B and $9.8B, respectively. Declines in February were seen by Allspring, JPMorgan, UBS, BNY Dreyfus, and Northern, which decreased by $5.3 billion, $4.7B, $2.7B, $2.5B and $23M, respectively. Our domestic U.S. "Family" rankings are available in our MFI XLS product, our global rankings are available in our MFI International product. The combined "Family & Global Rankings" are available to Money Fund Wisdom subscribers. We review the latest market share totals, and look at money fund yields, which were higher in February.
MFI PDF February 2026 Issue |
Largest Money Fund Managers |
|
|
The February 2026 issue of Money Fund Intelligence features: “MMF Assets Cool Down in January; Seasonal Trends,” which discusses the slowing growth in money funds; “Federated Hermes’ Q4’25 Call Talks Flows, Tokenized MMFs,” which cites highlights from the recent earnings call; and, “PFII on CA, NY, NH and PA LGIPs; Seeking Disclosures” which reviews a recent article from The Public Funds Investment Institute. Each monthly issue of Money Fund Intelligence features news, performance information and rankings on money market mutual funds. Statistics include: assets, weighted average maturity, weighted average life, expense ratio, 7-day yield, 30-day yield, 1-year, 3-yr, 5-yr, 10-yr, and since inception return, as well as 7- and 30-day gross yields. MFI also contains tables of the top-yielding and the largest money funds, and our benchmark Crane Money Fund Indexes. Subscriptions are $500 a year, and include online access to archived issues and additional features. Bulk discounts and site licenses are available. Write info@cranedata.com or call 1-508-439-4419 to subscribe or to request more information. |
The table below is excerpted from our monthly spreadsheet product, Money Fund Intelligence XLS. It shows the largest money market mutual fund managers as of Jan. 31, 2026. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more).
|
|
Crane Data is a money market and mutual fund information company founded by Peter G. Crane and Shaun Cutts. We collect money market mutual fund, bank savings, and cash investment performance, statistics, and information and distribute rankings, news, and indexes.
Crane Data publishes Money Fund Intelligence, Money Fund Intelligence XLS, Money Fund Wisdom, the Crane Money Fund Indexes, and a series of products tracking money markets, mutual funds and cash investments. We also produce conferences, including Crane's Money Fund Symposium. For more information and samples, e-mail info@cranedata.com or call us at 1-508-439-4419.
A press release titled, "Airwallex Expands High-Yield Treasury Offering to U.S. Businesses; Surpasses US$1 Billion in Global Assets Under Administration," tells us, "Airwallex, a leading global financial platform for modern businesses, ... announced the U.S. launch of Yield, a treasury solution designed to help businesses optimize returns ...
Mike Cloherty has joined CIBC as Head of US Rates Strategy. He was previously with UBS.
Thrivent is seeking a Senior Money Market Portfolio Manager in Minneapolis. The posting says, "The Money Market Portfolio Manager is responsible for the management of the organization’s 2(a)7 mutual funds and the overall management of the organization’s cash holdings across multiple accounts and portfolios."
"Deutsche Hires von Sprecher" says a brief in the Securities Finance Times. It explains, "Deutsche Bank has appointed Cassandra von Sprecher as global head of agency securities lending sales." She was formerly with State Street and formerly Casandra (Cassie) Jones.
Thank you to those who attended and supported our recent Money Fund University in Pittsburgh! Mark your calendars for next year’s show, which will be in Greenwich, Conn., Dec. 17-18, 2026. We’re now preparing for our ultra-short bond fund event, Bond Fund Symposium, which is scheduled for March 19-20 in Boston. Mark your calendars too for our next big show, Money Fund Symposium, which is June 24-26, 2026 in Jersey City, NJ, and for our next European Money Fund Symposium, which is Sept. 24-25 in Paris. Subscribers and attendees may access the recordings and conference materials (except for European MFS) via our "Content" page. Contact us and let us know if you'd like more information on any future (or past) shows. We hope to see you in Boston, Jersey City, Paris or Greenwich in 2026!