American investors added $1.5 billion to their holdings of foreign stocks last year, reversing the net sales of 1987, the Securities Industry Association reports.

In 1987, the year of the crash, Americans had sold $1.1 billion more of foreign stocks than they bought, the association said.Meanwhile, foreigners sold more U.S. stocks than they bought last year by a margin of $2.1 billion, compared to net purchases of $16.3 billion in 1987.

But in spite of the stock sales, foreigners added to their holdings of U.S. securities overall, including bonds, the report said.

Foreign investment in all kinds of U.S. securities rose to $75 billion last year from $69.4 billion in 1987, according to the association.