Foreign holdings of US equities reached a record $23.2 trillion in April, with non-US investors now owning approximately 30.5% of the total market. Korean retail investors specifically hold over $100 billion in US stocks, showing a high concentration in leveraged products including TSLL (1.5X Tesla), BULZ (3X FAANG/Innovation), TMF (3X 20+ Yr Treasuries), and SOXL (3X Semiconductors). Other significant Korean holdings include leveraged Nasdaq 100 vehicles TQQQ, QLD, and the inverse SQQQ.