📈 U.S. Money Market Fund Assets by Manager (2011–2024)

U.S. Money Market Fund surged by 31% from $5.1 trillion in August 2022 to $6.7 trillion in August 2024. Share of Total U.S. MMF by Seven Major Managers Rose from 57% (2011-2015) to 70% (August 2024). Fidelity and Schwab (Combined Hold 51%), with J.P. Morgan, Vanguard, and Federated Contributing to 86% of the Increase (August 2022 - August 2024).