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Top 10 US States by Number of Investment Entities in 2023

Source: U.S. Securities and Exchange Commission Open Data (CSV).
  • New York, Massachusetts, and California lead with the highest number of unique investment entities.
  • New York stands out with 410 investment entities, substantially more than any other state.
  • The top three states collectively house 895 entities, indicating a concentration of financial activity.
  • Pennsylvania and New Jersey also show significant numbers of entities, with 138 and 98 respectively, highlighting the East Coast's dominance.
  • There is a steep drop-off in entity count beyond the top three states, with the tenth state, Delaware, hosting only 63 entities.

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