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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2428.7 | 2411.5 | 2753.5 | 2554.3 | 2762.7 | 2668.5 | 2588.3 | 2554.3 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 92.2 | 95.4 | 142.7 | 149.5 | 154.2 | 164.2 | 148.4 | 149.5 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2336.6 | 2316.1 | 2610.9 | 2404.8 | 2608.5 | 2504.3 | 2439.9 | 2404.8 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 21.2 | 21.7 | 23.5 | 24.2 | 23.8 | 24.3 | 21.9 | 24.2 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 39.3 | 36.4 | 43.4 | 39.7 | 42.1 | 41.5 | 37.7 | 39.7 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 104.3 | 91.6 | 113.0 | 109.9 | 135.0 | 106.0 | 111.4 | 109.9 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 86.1 | 80.5 | 94.6 | 89.7 | 85.4 | 98.1 | 92.4 | 89.7 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 87.4 | 72.1 | 97.0 | 85.3 | 93.2 | 97.7 | 100.1 | 85.3 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 730.5 | 619.3 | 661.9 | 640.8 | 678.9 | 675.5 | 675.8 | 640.8 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 234.8 | 150.2 | 164.5 | 172.7 | 187.7 | 193.5 | 192.6 | 172.7 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 13.5 | 12.0 | 8.5 | 5.8 | 8.5 | 10.6 | 10.8 | 5.8 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 13.2 | 13.3 | 15.4 | 12.7 | 14.0 | 13.3 | 12.9 | 12.7 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 469.1 | 443.7 | 473.5 | 449.6 | 468.6 | 458.0 | 459.5 | 449.6 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 126.3 | 144.0 | 180.7 | 211.3 | 188.7 | 202.0 | 207.2 | 211.3 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 85.3 | 100.7 | 122.2 | 139.4 | 128.4 | 133.9 | 136.5 | 139.4 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 40.9 | 43.2 | 58.5 | 71.8 | 60.3 | 68.1 | 70.7 | 71.8 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 929.3 | 1018.7 | 1140.3 | 934.7 | 1074.4 | 955.3 | 905.2 | 934.7 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 11.0 | 13.0 | 11.8 | 11.3 | 12.2 | 11.8 | 10.8 | 11.3 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 201.2 | 219.0 | 244.7 | 258.0 | 274.9 | 292.1 | 277.2 | 258.0 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 770.0 | 702.8 | 834.5 | 735.4 | 829.2 | 804.7 | 756.8 | 735.4 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 85.2 | 71.0 | 70.1 | 60.3 | 64.8 | 69.4 | 64.3 | 60.3 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 56.4 | 45.8 | 43.3 | 41.4 | 43.2 | 45.9 | 42.5 | 41.4 | ND | 22 |
| Hedge funds; security repurchase agreementswith foreign financial and nonfinancial institutions; liability | FL622151063 | 28.8 | 25.3 | 26.8 | 18.9 | 21.5 | 23.5 | 21.8 | 18.9 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 449.2 | 480.4 | 645.3 | 570.1 | 635.2 | 591.6 | 567.7 | 570.1 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 351.3 | 388.7 | 485.0 | 394.7 | 477.7 | 423.1 | 394.1 | 394.7 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 306.7 | 344.4 | 423.8 | 344.8 | 421.4 | 374.7 | 348.1 | 344.8 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 44.7 | 44.4 | 61.2 | 49.8 | 56.3 | 48.4 | 46.0 | 49.8 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 87.2 | 83.2 | 138.6 | 154.9 | 139.2 | 149.8 | 152.9 | 154.9 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 58.4 | 64.2 | 104.6 | 124.9 | 106.1 | 117.4 | 121.7 | 124.9 | ND | 29 |
| Hedge funds; other secured borrowings from foreign instittutions (business loans); lability | FL623169513 | 28.7 | 19.0 | 34.0 | 30.0 | 33.1 | 32.4 | 31.2 | 30.0 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 10.7 | 8.5 | 21.7 | 20.5 | 18.4 | 18.7 | 20.6 | 20.5 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 235.5 | 151.4 | 119.1 | 105.0 | 129.2 | 143.7 | 124.8 | 105.0 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1658.8 | 1708.7 | 1919.0 | 1818.9 | 1933.5 | 1863.7 | 1831.5 | 1818.9 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 1242.1 | 957.1 | 1097.0 | 1001.6 | 1099.2 | 1075.3 | 1087.7 | 1001.6 | 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: June 8, 2023