Offices of Other Holding Companies
Key Figures
Figures are published for NAICS 551112 directly.
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Official definition
This U.S. industry comprises legal entities known as holding companies (except bank holding) primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
NAICS 551112 covers holding companies that own a controlling interest in other firms or influence their management decisions but do not actively administer or oversee those firms' operations. The key distinction from NAICS 551114 (Corporate, Subsidiary, and Regional Managing Offices) is that NAICS 551112 establishments are passive investors that hold securities without engaging in strategic planning or operational management of their portfolio companies. Bank holding companies, regardless of their passive or active role, are classified separately in NAICS 551111.