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 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2754.8 | 2561 | 2763.5 | 2669.2 | 2589.1 | 2561 | 2624.9 | 2611.9 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 142.7 | 149.6 | 154.2 | 164.2 | 148.4 | 149.6 | 161.4 | 170.9 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2612.1 | 2411.4 | 2609.3 | 2505 | 2440.7 | 2411.4 | 2463.5 | 2441 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 23.5 | 24.3 | 23.8 | 24.4 | 21.9 | 24.3 | 23.8 | 27.1 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 43.4 | 39.8 | 42.1 | 41.5 | 37.8 | 39.8 | 42.3 | 50.1 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 113.1 | 110.3 | 135.1 | 106.2 | 111.6 | 110.3 | 95.1 | 92.7 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 94.6 | 89.8 | 85.5 | 98.2 | 92.5 | 89.8 | 80.3 | 69.4 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 97 | 86.1 | 93.3 | 98 | 100.5 | 86.1 | 92.5 | 89.9 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 662.1 | 642.5 | 678.9 | 675.4 | 675.9 | 642.5 | 653.9 | 654.4 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 164.5 | 173.2 | 187.5 | 193.4 | 192.6 | 173.2 | 189.6 | 195.7 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 8.5 | 5.8 | 8.5 | 10.6 | 10.8 | 5.8 | 11.9 | 14.2 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 15.4 | 12.7 | 14 | 13.3 | 12.9 | 12.7 | 12.3 | 12.7 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 473.6 | 450.8 | 468.8 | 458.1 | 459.6 | 450.8 | 440.1 | 431.8 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 180.7 | 211.6 | 188.7 | 202 | 207.2 | 211.6 | 217.6 | 228.9 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 122.2 | 139.6 | 128.4 | 133.9 | 136.5 | 139.6 | 146.1 | 150.1 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 58.5 | 71.9 | 60.3 | 68.1 | 70.7 | 71.9 | 71.5 | 78.8 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 1140.6 | 936.5 | 1074.7 | 955.6 | 905.5 | 936.5 | 951 | 976 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 11.8 | 11.3 | 12.3 | 11.8 | 10.8 | 11.3 | 11.4 | 11.1 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 245.2 | 259.4 | 274.9 | 292.1 | 276.9 | 259.4 | 295.6 | 241.3 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 834.7 | 737.3 | 829.4 | 804.9 | 757 | 737.3 | 766.5 | 748.4 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 70.1 | 60.7 | 64.7 | 69.4 | 64.4 | 60.7 | 75 | 69.2 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 43.3 | 41.7 | 43.2 | 45.9 | 42.6 | 41.7 | 56.5 | 50.2 | ND | 22 |
| Hedge funds; security repurchase agreements with foreign financial and nonfinancial institutions; liability | FL622151063 | 26.8 | 19 | 21.5 | 23.5 | 21.8 | 19 | 18.5 | 19 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 645.3 | 571.5 | 635.2 | 591.7 | 568 | 571.5 | 588.9 | 602 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 485 | 395.4 | 477.7 | 423.1 | 394.4 | 395.4 | 408.8 | 424.6 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 423.8 | 345.6 | 421.4 | 374.7 | 348.4 | 345.6 | 358.6 | 374.1 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 61.2 | 49.8 | 56.3 | 48.4 | 46 | 49.8 | 50.3 | 50.4 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 138.6 | 155.5 | 139.1 | 149.8 | 153 | 155.5 | 160.2 | 157.9 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 104.6 | 125.5 | 106.1 | 117.4 | 121.8 | 125.5 | 128.5 | 123.4 | ND | 29 |
| Hedge funds; other secured borrowings from foreign institutions (business loans); lability | FL623169513 | 34 | 30 | 33 | 32.4 | 31.2 | 30 | 31.7 | 34.5 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 21.7 | 20.6 | 18.4 | 18.7 | 20.6 | 20.6 | 19.9 | 19.6 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 119.3 | 105.1 | 129.4 | 143.9 | 124.6 | 105.1 | 102.6 | 77.2 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1920 | 1823.8 | 1934.1 | 1864.3 | 1832.1 | 1823.8 | 1858.3 | 1863.5 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 1097.5 | 931.1 | 1094.7 | 1045.3 | 1043.5 | 931.1 | 988.2 | 1013.5 | 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 7, 2023