Americans are biggest foreign owners of Greek stocks

While Americans are the biggest foreign owners of Greek stocks, the holdings don’t exactly represent a critical exposure. According to data from Athens Exchange Group, overseas investors hold 59 per cent of the Greek stock market, and of that US traders have about 25 per cent.

That comes out to $5.7 billion -- about the size of doughnut maker Dunkin’ Brands Group Inc., the 110th weighting in the S&P Midcap 400 Index. A 17 percent drop in the benchmark ASE Index this year through the end of last week has brought the market value of Greek shares to $36 billion. That’s about the size of Yahoo! Inc. alone, or Carnival Corp., the operator of ships that take Americans to Athens. Bloomberg