ICI: MMF Assets Higher on Week
The Investment Company Institute's latest weekly "Money Market Fund Assets" report shows money fund assets increasing by $17.1 billion to $7.791 trillion, after falling by $22.7 billion the previous week (and increasing by $85.0 billion the week before). Six weeks ago assets were a record $7.804 trillion. Assets have risen in 17 of the last 22 weeks and 25 of the past 31 weeks. MMF assets are up by $877 billion, or 12.7%, over the past 52 weeks (through 2/18/26), with Institutional MMFs up $556 billion, or 13.4% and Retail MMFs up $295 billion, or 10.6%. Year-to-date in 2026, MMF assets are up by $41 billion, or 0.5%, with Institutional MMFs up $39 billion, or 0.8% and Retail MMFs up $2 billion, or 0.1%. ICI's weekly release says, "Total money market fund assets increased by $17.13 billion to $7.79 trillion for the week ended Wednesday, February 18, the Investment Company Institute reported.... Among taxable money market funds, government funds increased by $16.77 billion and prime funds decreased by $1.61 billion. Tax-exempt money market funds increased by $1.96 billion." ICI's stats show Institutional MMFs increasing $14.6 billion and Retail MMFs increasing $2.6 billion in the latest week.`Total Government MMF assets, including Treinasury funds, were $6.405 trillion (82.2% of all money funds), while Total Prime MMFs were $1.242 trillion (16.0%) <b:>`_. Tax Exempt MMFs totaled $144.1 billion (1.8%). It explains, "Assets of retail money market funds increased by $2.56 billion to $3.08 trillion. Among retail funds, government money market fund assets increased by $2.07 billion to $1.95 trillion, prime money market fund assets decreased by $997 million to $1.00 trillion <b:>, and tax-exempt fund assets increased by $1.49 billion to $130.65 billion." Retail assets account for 39.6% of the total, and Government Retail assets make up 63.3% of all Retail MMFs. They add, "Assets of institutional money market funds increased by $14.57 billion to $4.71 trillion. Among institutional funds, government money market fund assets increased by $14.70 billion to $4.45 trillion, prime money market fund assets decreased by $610 million to $241.09 billion, and tax-exempt fund assets increased by $476 million to $13.42 billion." Institutional assets accounted for 60.4% of all MMF assets, with Government Institutional assets making up 94.6% of all institutional MMF totals. According to Crane Data's separate Money Fund Intelligence Daily series, money fund assets have increased by $66.2 billion to $8.208 trillion month-to-date in February (as of 2/18). (Our asset series is just a hair below their record high of $8.213 trillion set on 2/17/26.) Assets increased by $32.9 in January, $126.3 billion in December, $132.8 billion in November, $142.1 billion in October, $105.2 billion in September and $132.0 billion in August. They rose $63.7 billion in July, $6.7 billion in June and $100.9 billion in May. MMFs fell by $24.4 billion in April, but rose $2.8 trillion in March and $94.2 billion last February. Note that ICI's asset totals don't include a number of funds tracked by the SEC and Crane Data, so they're almost $400 billion lower than Crane's asset series.
