March AAII Asset Allocation Survey: Equity Allocations at a Two-Year High

Individual investors' allocations to equities increased in the March Asset Allocation Survey.

Stock and stock fund allocations increased 1.5 percentage points to 69.3%. Stock and stock fund allocations are above their historical average of 61.5% for the 46th consecutive month. Stock and stock fund allocations were last higher in April 2022 (69.8%).

Bond and bond fund allocations decreased 1.4 percentage points to 14.0%. Bond and bond fund allocations are below their historical average of 16.0% for the second time in five months.

Cash allocations decreased 0.1 percentage points to 16.7%. Cash allocations are below their historical average of 22.5% for the 16th consecutive month. Cash allocations were last lower in January 2022 (16.1%).