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 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2405.3 | 2745.8 | 2557.7 | 2758.8 | 2624.4 | 2621 | 2640 | 2758.8 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 95.3 | 142.6 | 149.4 | 147.1 | 161.3 | 173.6 | 170.5 | 147.1 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2310 | 2603.1 | 2408.3 | 2611.7 | 2463 | 2447.3 | 2469.5 | 2611.7 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 21.6 | 23.4 | 24.2 | 21.6 | 23.7 | 27 | 24.8 | 21.6 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 36.3 | 43.4 | 39.9 | 39.7 | 42.2 | 49.9 | 34.7 | 39.7 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 91.3 | 112.9 | 110.2 | 104.6 | 94.9 | 92.5 | 84.2 | 104.6 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 80.3 | 94.6 | 89.6 | 81.2 | 80.2 | 69.3 | 70.2 | 81.2 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 71.4 | 93.8 | 85.2 | 108.4 | 91.9 | 91.8 | 92 | 108.4 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 617.2 | 658 | 641.3 | 722.7 | 653.9 | 657.9 | 694 | 722.7 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 149.6 | 161.1 | 172.5 | 209.3 | 189.3 | 196.7 | 223.6 | 209.3 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 12 | 8.5 | 5.8 | 15.3 | 11.9 | 14.1 | 17.2 | 15.3 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 13.3 | 15.4 | 13.3 | 13 | 13 | 13.4 | 12.2 | 13 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 442.3 | 473 | 449.6 | 485.2 | 439.7 | 433.7 | 441 | 485.2 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 143.7 | 178.5 | 211.3 | 233.8 | 214.3 | 226.1 | 228.5 | 233.8 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 100.6 | 120 | 139.5 | 154.7 | 142.9 | 147.4 | 148.7 | 154.7 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 43.1 | 58.5 | 71.8 | 79.1 | 71.4 | 78.7 | 79.9 | 79.1 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 1016.7 | 1139.8 | 936.8 | 999.9 | 952 | 976.9 | 948.8 | 999.9 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 13 | 11.8 | 11.3 | 6.8 | 11.4 | 11.1 | 6 | 6.8 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 218.5 | 247.1 | 258.6 | 292.9 | 298.4 | 244.8 | 286.3 | 292.9 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 698 | 827.2 | 735.1 | 832.2 | 765.1 | 753.9 | 769 | 832.2 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 70 | 67.6 | 60.4 | 72 | 75.7 | 70 | 68 | 72 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 44.8 | 40.9 | 41.3 | 47.1 | 56.5 | 50.2 | 47.5 | 47.1 | ND | 22 |
| Hedge funds; security repurchase agreements with foreign financial and nonfinancial institutions; liability | FL622151063 | 25.2 | 26.7 | 19.1 | 24.9 | 19.2 | 19.7 | 20.5 | 24.9 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 477.8 | 642.2 | 571.6 | 622.6 | 586.5 | 600.9 | 575.9 | 622.6 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 386.5 | 484.3 | 397.4 | 448 | 410.2 | 426.3 | 398.1 | 448 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 342.2 | 423.2 | 347.9 | 389.5 | 360.2 | 376.2 | 348.6 | 389.5 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 44.3 | 61.2 | 49.5 | 58.5 | 50 | 50.1 | 49.4 | 58.5 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 82.9 | 136.1 | 153.6 | 157.6 | 156.4 | 154.9 | 159.7 | 157.6 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 63.9 | 102.3 | 123 | 123.9 | 124.2 | 119.9 | 125.4 | 123.9 | ND | 29 |
| Hedge funds; other secured borrowings from foreign institutions (business loans); lability | FL623169513 | 19 | 33.8 | 30.6 | 33.8 | 32.2 | 35 | 34.3 | 33.8 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 8.4 | 21.7 | 20.6 | 17 | 19.9 | 19.7 | 18.1 | 17 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 150.1 | 117.5 | 103.1 | 137.6 | 102.9 | 83 | 125.1 | 137.6 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1707.3 | 1918.6 | 1822.6 | 1926.6 | 1859.2 | 1867.1 | 1871 | 1926.6 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 951.5 | 1076.8 | 911.1 | 1039 | 965.6 | 957.9 | 958.5 | 1039 | 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 7, 2024