Financial Accounts of the United States - Z.1
B.101.f Balance Sheet of Domestic Hedge Funds (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2428.7 | 2411.2 | 2225.3 | 2373.5 | 2433.0 | 2411.2 | 2473.3 | 2582.7 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 92.2 | 95.3 | 87.5 | 87.3 | 87.9 | 95.3 | 106.9 | 113.7 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2336.6 | 2315.9 | 2137.8 | 2286.3 | 2345.1 | 2315.9 | 2366.4 | 2469.0 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 21.2 | 21.7 | 20.0 | 22.7 | 20.7 | 21.7 | 22.7 | 21.5 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 39.3 | 36.4 | 44.3 | 38.1 | 36.3 | 36.4 | 37.4 | 40.4 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 104.3 | 91.5 | 104.8 | 93.8 | 85.1 | 91.5 | 96.2 | 137.9 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 86.1 | 80.4 | 96.4 | 91.5 | 83.5 | 80.4 | 81.4 | 81.6 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 87.4 | 72.1 | 93.4 | 93.6 | 99.6 | 72.1 | 77.2 | 81.5 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 730.5 | 619.2 | 716.8 | 720.2 | 739.3 | 619.2 | 595.5 | 602.3 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 234.8 | 150.2 | 212.9 | 189.8 | 196.7 | 150.2 | 137.8 | 144.7 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 13.5 | 12.0 | 16.9 | 14.5 | 14.2 | 12.0 | 11.3 | 8.9 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 13.2 | 13.3 | 14.0 | 14.4 | 13.3 | 13.3 | 13.6 | 13.9 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 469.1 | 443.6 | 473.0 | 501.5 | 515.0 | 443.6 | 432.9 | 434.8 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 126.3 | 144.0 | 124.0 | 140.2 | 148.1 | 144.0 | 152.9 | 151.6 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 85.3 | 100.7 | 85.1 | 92.6 | 100.9 | 100.7 | 107.4 | 108.1 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 40.9 | 43.2 | 38.9 | 47.6 | 47.2 | 43.2 | 45.6 | 43.5 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 929.3 | 1018.6 | 705.6 | 851.1 | 912.6 | 1018.6 | 1070.5 | 1134.3 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 11.0 | 13.0 | 8.1 | 17.9 | 16.3 | 13.0 | 13.2 | 12.8 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 201.2 | 218.9 | 224.5 | 217.0 | 203.6 | 218.9 | 219.5 | 205.2 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 770.0 | 702.8 | 724.2 | 735.0 | 732.0 | 702.8 | 711.0 | 754.8 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 85.2 | 71.9 | 100.0 | 83.9 | 95.2 | 71.9 | 63.3 | 62.6 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 56.4 | 46.6 | 65.9 | 48.2 | 53.1 | 46.6 | 39.3 | 41.0 | ND | 22 |
| Hedge funds; security repurchase agreementswith foreign financial and nonfinancial institutions; liability | FL622151063 | 28.8 | 25.3 | 34.1 | 35.8 | 42.1 | 25.3 | 24.0 | 21.7 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 449.2 | 479.6 | 372.2 | 437.8 | 448.9 | 479.6 | 510.5 | 628.1 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 351.3 | 388.7 | 265.2 | 336.3 | 348.7 | 388.7 | 413.8 | 517.3 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 306.7 | 344.4 | 233.5 | 296.8 | 304.1 | 344.4 | 351.8 | 451.2 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 44.7 | 44.4 | 31.7 | 39.5 | 44.6 | 44.4 | 62.0 | 66.1 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 87.2 | 83.2 | 95.8 | 93.2 | 92.8 | 83.2 | 89.5 | 102.3 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 58.4 | 64.2 | 64.8 | 59.3 | 59.9 | 64.2 | 67.8 | 75.7 | ND | 29 |
| Hedge funds; other secured borrowings from foreign instittutions (business loans); lability | FL623169513 | 28.7 | 19.0 | 31.0 | 33.9 | 32.9 | 19.0 | 21.8 | 26.6 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 10.7 | 7.6 | 11.2 | 8.2 | 7.4 | 7.6 | 7.2 | 8.5 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 235.5 | 151.4 | 251.9 | 213.3 | 187.9 | 151.4 | 137.1 | 64.1 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1658.8 | 1708.4 | 1501.1 | 1638.5 | 1701.1 | 1708.4 | 1762.3 | 1827.9 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 1242.1 | 956.9 | 1073.0 | 1008.2 | 1133.1 | 956.9 | 1036.5 | 1077.8 | ND | 34 |
NOTES
- Data begin 2012:Q4. Includes only hedge funds domiciled in the United States as reported on SEC forms ADV and PF.
- Long exposure of derivatives.
Last Update: December 9, 2021