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 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2428.7 | 2411.4 | ND | 2433.0 | 2411.4 | 2473.5 | 2582.9 | 2621.1 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 92.2 | 95.4 | ND | 87.9 | 95.4 | 106.9 | 113.7 | 127.3 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2336.6 | 2316.0 | ND | 2345.1 | 2316.0 | 2366.6 | 2469.2 | 2493.8 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 21.2 | 21.7 | ND | 20.7 | 21.7 | 22.7 | 21.5 | 21.4 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 39.3 | 36.4 | ND | 36.3 | 36.4 | 37.4 | 40.4 | 42.1 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 104.3 | 91.6 | ND | 85.1 | 91.6 | 96.2 | 137.9 | 96.3 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 86.1 | 80.4 | ND | 83.5 | 80.4 | 81.4 | 81.6 | 88.4 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 87.4 | 72.1 | ND | 99.6 | 72.1 | 77.2 | 81.5 | 88.3 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 730.5 | 619.2 | ND | 739.3 | 619.2 | 595.4 | 602.2 | 632.6 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 234.8 | 150.2 | ND | 196.7 | 150.2 | 137.8 | 144.7 | 151.3 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 13.5 | 12.0 | ND | 14.2 | 12.0 | 11.3 | 8.9 | 10.0 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 13.2 | 13.3 | ND | 13.3 | 13.3 | 13.6 | 13.9 | 15.2 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 469.1 | 443.6 | ND | 515.0 | 443.6 | 432.7 | 434.7 | 456.2 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 126.3 | 144.0 | ND | 148.1 | 144.0 | 152.9 | 151.6 | 161.4 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 85.3 | 100.7 | ND | 100.9 | 100.7 | 107.4 | 108.1 | 113.0 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 40.9 | 43.2 | ND | 47.2 | 43.2 | 45.6 | 43.5 | 48.4 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 929.3 | 1018.7 | ND | 912.6 | 1018.7 | 1070.6 | 1134.5 | 1086.3 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 11.0 | 13.0 | ND | 16.3 | 13.0 | 13.2 | 12.9 | 12.1 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 201.2 | 219.0 | ND | 203.6 | 219.0 | 219.5 | 205.3 | 265.0 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 770.0 | 702.8 | ND | 732.0 | 702.8 | 711.0 | 754.8 | 763.9 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 85.2 | 71.0 | ND | 94.4 | 71.0 | 62.2 | 61.3 | 63.6 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 56.4 | 45.8 | ND | 52.3 | 45.8 | 38.2 | 39.6 | 41.7 | ND | 22 |
| Hedge funds; security repurchase agreementswith foreign financial and nonfinancial institutions; liability | FL622151063 | 28.8 | 25.3 | ND | 42.1 | 25.3 | 24.0 | 21.7 | 21.9 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 449.2 | 480.4 | ND | 449.7 | 480.4 | 511.7 | 629.4 | 600.5 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 351.3 | 388.7 | ND | 348.7 | 388.7 | 413.8 | 516.8 | 473.4 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 306.7 | 344.4 | ND | 304.1 | 344.4 | 351.8 | 450.8 | 409.1 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 44.7 | 44.4 | ND | 44.6 | 44.4 | 62.0 | 66.0 | 64.4 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 87.2 | 83.2 | ND | 92.8 | 83.2 | 89.5 | 102.4 | 113.3 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 58.4 | 64.2 | ND | 59.9 | 64.2 | 67.8 | 75.8 | 84.0 | ND | 29 |
| Hedge funds; other secured borrowings from foreign instittutions (business loans); lability | FL623169513 | 28.7 | 19.0 | ND | 32.9 | 19.0 | 21.8 | 26.6 | 29.3 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 10.7 | 8.5 | ND | 8.2 | 8.5 | 8.3 | 10.2 | 13.7 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 235.5 | 151.4 | ND | 187.9 | 151.4 | 137.1 | 64.1 | 99.8 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1658.8 | 1708.6 | ND | 1701.1 | 1708.6 | 1762.5 | 1828.1 | 1857.2 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 1242.1 | 957.0 | ND | 1133.1 | 957.0 | 1037.0 | 1076.8 | 1052.0 | 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 10, 2022