Investors pulled more than $125 billion out of mutual funds that invest long-term in stocks last year, according to the latest data released by the Investment Company Institute. Of that, $5.2 billion got pulled in the week leading up to New Year’s Eve.

All told, the ICI reported $2.6 billion got pulled out of mutual funds of all types in the week ended Wednesday, December 28.

About $4.0 billion got pulled out of domestic equity funds and another $1.2 billion out of funds that invest in international stocks.

Investors put $2.2 billion into bond funds and $389 million into funds that invest in both stocks and bonds.

For the year, only about $32.2 billion was added to mutual funds of all types, using ICI historical data.

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That was the worst performance since 2008, the year that collapse of the subprime mortgage market led to a global credit crisis and the “breaking of the buck” in money market mutual funds.

That year, investors yanked $199.6 billion out of mutual funds. But they put in $390.0 billion in 2009 and $227.8 billion in 2010, according to ICI data.

Tom Steinert-Threlkeld writes for Securities Technology Monitor.