1 Non residents held nearly 50% of French CAC 40 shares in 2023
Non residents’ French equity holdings are mainly concentrated in CAC 40 companies
At the end of 2023, non residents held 49.5% of the capital of the 35 French resident companies listed in the CAC 40. The proportion was stable compared with the end of 2022 (see Chart 1).
Non resident holdings were mainly portfolio investments (92.6%), with direct investments accounting for only 7.4% of the total. The proportion of direct investments has remained almost unchanged over the…