B.101.f Balance sheet of domestic hedge funds1

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Line Description Series 2023 2024 2025 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4
Line 1 Assets FL622000623 -- -- -- -- -- -- --
Line 2 Nonfinancial assets (real estate) FL625035003 -- -- -- -- -- -- --
Line 3 Financial assets FL624090005 -- -- -- -- -- -- --
Line 4 Foreign currency FL623091003 -- -- -- -- -- -- --
Line 5 Deposits FL623039003 -- -- -- -- -- -- --
Line 6 Other cash and cash equivalents FL623039013 -- -- -- -- -- -- --
Line 7 Money market fund shares FL623034003 -- -- -- -- -- -- --
Line 8 Security repurchase agreements FL622051003 -- -- -- -- -- -- --
Line 9 Debt securities LM624022005 -- -- -- -- -- -- --
Line 10 Treasury securities LM623061103 -- -- -- -- -- -- --
Line 11 Agency- and GSE-backed securities LM623061703 -- -- -- -- -- -- --
Line 12 Municipal securities LM623062003 -- -- -- -- -- -- --
Line 13 Corporate and foreign bonds LM623063003 -- -- -- -- -- -- --
Line 14 Loans FL623069005 -- -- -- -- -- -- --
Line 15 Leveraged loans FL623069503 -- -- -- -- -- -- --
Line 16 Other loans FL623069003 -- -- -- -- -- -- --
Line 17 Corporate equities LM623064103 -- -- -- -- -- -- --
Line 18 Mutual fund shares LM623064203 -- -- -- -- -- -- --
Line 19 Miscellaneous assets FL623093005 -- -- -- -- -- -- --
Line 20 Liabilities FL624190005 -- -- -- -- -- -- --
Line 21 Security repurchase agreements FL622151005 -- -- -- -- -- -- --
Line 22 Domestic institutions FL622151013 -- -- -- -- -- -- --
Line 23 Foreign institutions FL622151063 -- -- -- -- -- -- --
Line 24 Loans FL624123005 -- -- -- -- -- -- --
Line 25 Secured borrowing via prime brokerage FL624123035 -- -- -- -- -- -- --
Line 26 From domestic institutions FL623167003 -- -- -- -- -- -- --
Line 27 From foreign institutions FL623169533 -- -- -- -- -- -- --
Line 28 Other secured borrowing FL624123015 -- -- -- -- -- -- --
Line 29 From domestic institutions FL623168013 -- -- -- -- -- -- --
Line 30 From foreign institutions FL623169513 -- -- -- -- -- -- --
Line 31 Unsecured borrowing FL623168023 -- -- -- -- -- -- --
Line 32 Miscellaneous liabilities FL623193005 -- -- -- -- -- -- --
 
Memo:
Line 33 Total net assets FL622000003 -- -- -- -- -- -- --
Line 34 Derivatives2 FL623098003 -- -- -- -- -- -- --

Notes:

  1. Data begin 2012:Q4. Includes only hedge funds domiciled in the United States as reported on SEC forms ADV and PF.
  2. Long exposure of derivatives.

Last Update: March 9, 2026