In this research, we used 2016 SCF data to explore the U.S. households direct and indirect stock holding behaviors. We examined the correlation between the household risk tolerance and the household direct or indirect stock holdings. In addition, we want to explore the determinants for U.S. households stocks direct and indirect holdings. By doing logit regression, we found that risk tolerance is positively associated with both direct and indirect stock holdings. The respondents of white, with bachelor or more education level, higher income, homeownership, and saving horizon are positively associated with direct and indirect stock holding behaviors.