By Mark McCormickNEW YORK ( BBH FX Strategy) -- The International Monetary Fund recently released its report on the composition of official foreign exchange reserves (COFER). Here are 10 key takeaways from the report: 1. The pace of reserve accumulation increased in the fourth quarter, rising 0.3% to $10.196 trillion from $10.163 trillion in Q3. However, the pace of reserve accumulation declined from Q3, which increased 0.9%. From the end of 2010, total reserves increased nearly $500 billion. 2. Of the $10.196 trillion in reserves, the amount of allocated reserves increased by $51 billion. This contrasts with an $18 billion decline in the unallocated reserves, which include China and Taiwan. 3. The dollar holdings rose $49 billion among the total share of allocated reserves. This was a 1.4% rise from Q3 and a 7.6% rise throughout 2011. The dollar's share of the percentage of total allocated holdings also increased steadily through 2011. In Q4, the share of the U.S. allocated reserves increased to 62.1% from 61.8% in Q3.