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 | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2411.5 | 2753.5 | ND | 2621.5 | 2753.5 | 2761.5 | 2665.3 | 2584.4 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 95.4 | 142.7 | ND | 127.4 | 142.7 | 154.2 | 164.1 | 147.1 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2316.1 | 2610.8 | ND | 2494.1 | 2610.8 | 2607.3 | 2501.2 | 2437.3 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 21.7 | 23.5 | ND | 21.3 | 23.5 | 23.8 | 24.3 | 21.9 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 36.4 | 43.4 | ND | 42.1 | 43.4 | 42.1 | 41.4 | 37.7 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 91.6 | 113.0 | ND | 95.5 | 113.0 | 134.9 | 105.8 | 111.3 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 80.5 | 94.6 | ND | 88.5 | 94.6 | 85.4 | 98.0 | 92.4 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 72.1 | 96.9 | ND | 88.3 | 96.9 | 93.0 | 97.3 | 99.9 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 619.3 | 661.9 | ND | 632.9 | 661.9 | 678.5 | 674.5 | 675.2 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 150.2 | 164.5 | ND | 151.3 | 164.5 | 187.5 | 193.2 | 192.4 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 12.0 | 8.5 | ND | 10.0 | 8.5 | 8.5 | 10.6 | 10.8 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 13.3 | 15.4 | ND | 15.2 | 15.4 | 14.0 | 13.3 | 12.9 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 443.7 | 473.5 | ND | 456.4 | 473.5 | 468.4 | 457.5 | 459.1 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 144.0 | 180.7 | ND | 161.4 | 180.7 | 188.6 | 201.8 | 207.1 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 100.7 | 122.2 | ND | 113.1 | 122.2 | 128.4 | 133.8 | 136.4 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 43.2 | 58.5 | ND | 48.4 | 58.5 | 60.2 | 68.0 | 70.6 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 1018.7 | 1140.3 | ND | 1085.9 | 1140.3 | 1074.1 | 954.5 | 904.7 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 13.0 | 11.8 | ND | 12.1 | 11.8 | 12.2 | 11.8 | 10.8 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 219.0 | 244.7 | ND | 266.1 | 244.7 | 274.8 | 291.8 | 276.2 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 702.8 | 834.5 | ND | 763.1 | 834.5 | 829.1 | 804.2 | 756.0 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 71.0 | 70.1 | ND | 63.5 | 70.1 | 64.8 | 69.4 | 64.3 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 45.8 | 43.3 | ND | 41.6 | 43.3 | 43.2 | 45.9 | 42.5 | ND | 22 |
| Hedge funds; security repurchase agreementswith foreign financial and nonfinancial institutions; liability | FL622151063 | 25.3 | 26.8 | ND | 21.9 | 26.8 | 21.5 | 23.5 | 21.8 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 480.4 | 645.3 | ND | 598.7 | 645.3 | 635.2 | 591.4 | 567.5 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 388.7 | 485.0 | ND | 471.6 | 485.0 | 477.6 | 422.9 | 393.9 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 344.4 | 423.8 | ND | 407.2 | 423.8 | 421.4 | 374.5 | 347.9 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 44.4 | 61.2 | ND | 64.4 | 61.2 | 56.3 | 48.4 | 46.0 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 83.2 | 138.6 | ND | 113.3 | 138.6 | 139.1 | 149.8 | 152.9 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 64.2 | 104.6 | ND | 84.0 | 104.6 | 106.1 | 117.3 | 121.7 | ND | 29 |
| Hedge funds; other secured borrowings from foreign instittutions (business loans); lability | FL623169513 | 19.0 | 34.0 | ND | 29.3 | 34.0 | 33.1 | 32.4 | 31.2 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 8.5 | 21.7 | ND | 13.8 | 21.7 | 18.4 | 18.7 | 20.6 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 151.4 | 119.1 | ND | 100.9 | 119.1 | 129.1 | 143.4 | 124.3 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1708.7 | 1919.0 | ND | 1858.4 | 1919.0 | 1932.4 | 1861.1 | 1828.3 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 957.1 | 1097.0 | ND | 1052.4 | 1097.0 | 1098.1 | 1072.7 | 1086.0 | 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: March 9, 2023