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 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hedge funds; total financial and nonfinancial assets | FL622000623 | 2745.6 | 2557.7 | ND | 2583.9 | 2557.7 | 2621.9 | 2618.5 | 2637.2 | ND | 1 |
| Hedge funds; real estate; asset | FL625035003 | 142.6 | 149.5 | ND | 148.3 | 149.5 | 161.3 | 173.7 | 167.5 | ND | 2 |
| Hedge funds; total financial assets | FL624090005 | 2603 | 2408.2 | ND | 2435.6 | 2408.2 | 2460.5 | 2444.9 | 2469.6 | ND | 3 |
| Hedge funds; foreign currency holdings; asset | FL623091003 | 23.4 | 24.2 | ND | 21.8 | 24.2 | 23.7 | 27.1 | 24.8 | ND | 4 |
| Hedge funds; checkable, time and savings deposits; asset | FL623039003 | 43.4 | 40 | ND | 37.7 | 40 | 42.3 | 49.9 | 34.7 | ND | 5 |
| Hedge funds; other cash and cash equivalents; assets | FL623039013 | 112.9 | 110.4 | ND | 111.2 | 110.4 | 94.9 | 92.5 | 85.2 | ND | 6 |
| Hedge funds; money market fund shares; assets | FL623034003 | 94.6 | 89.7 | ND | 92.4 | 89.7 | 80.2 | 69.4 | 70.2 | ND | 7 |
| Hedge funds; security repurchase agreements; asset | FL622051003 | 93.8 | 85.7 | ND | 99.6 | 85.7 | 92.1 | 91.9 | 92 | ND | 8 |
| Hedge funds; debt securities; asset (market value) | LM624022005 | 657.9 | 641.1 | ND | 675 | 641.1 | 652.9 | 656.9 | 693.8 | ND | 9 |
| Hedge funds; Treasury securities; asset (market value) | LM623061103 | 161.1 | 172.7 | ND | 192.3 | 172.7 | 189.3 | 196.5 | 223.5 | ND | 10 |
| Hedge funds; agency- and GSE-backed securities; asset (market value) | LM623061703 | 8.5 | 5.8 | ND | 10.8 | 5.8 | 11.9 | 14.1 | 17.2 | ND | 11 |
| Hedge funds; municipal securities; asset (market value) | LM623062003 | 15.4 | 12.7 | ND | 12.9 | 12.7 | 12.3 | 12.7 | 12.2 | ND | 12 |
| Hedge funds; corporate and foreign bonds; asset (market value) | LM623063003 | 473 | 449.9 | ND | 459 | 449.9 | 439.5 | 433.5 | 440.8 | ND | 13 |
| Hedge funds; total loans; asset | FL623069005 | 178.4 | 211.4 | ND | 204.1 | 211.4 | 214.3 | 226 | 228.5 | ND | 14 |
| Hedge funds; leveraged loans; asset | FL623069503 | 119.9 | 139.5 | ND | 133.5 | 139.5 | 142.9 | 147.3 | 148.7 | ND | 15 |
| Hedge funds; other loans; asset | FL623069003 | 58.5 | 71.9 | ND | 70.6 | 71.9 | 71.4 | 78.7 | 79.8 | ND | 16 |
| Hedge funds; corporate equities; asset | LM623064103 | 1139.7 | 935.6 | ND | 904.7 | 935.6 | 950.2 | 975.2 | 949.6 | ND | 17 |
| Hedge funds; mutual fund shares; asset | LM623064203 | 11.8 | 11.3 | ND | 10.8 | 11.3 | 11.4 | 11.1 | 6 | ND | 18 |
| Hedge funds; unidentified miscellaneous assets | FL623093005 | 247.1 | 258.9 | ND | 278.2 | 258.9 | 298.5 | 244.8 | 284.9 | ND | 19 |
| Hedge funds; total financial liabilities | FL624190005 | 827.1 | 735.1 | ND | 753.5 | 735.1 | 764.7 | 753.5 | 769.9 | ND | 20 |
| Hedge funds; security repurchase agreements; liability | FL622151005 | 67.6 | 60.5 | ND | 64.1 | 60.5 | 75.8 | 70 | 67.9 | ND | 21 |
| Hedge funds; security repurchase agreements with domestic financial and nonfinancial institutions; liability | FL622151013 | 40.9 | 41.4 | ND | 42.4 | 41.4 | 56.6 | 50.3 | 47.4 | ND | 22 |
| Hedge funds; security repurchase agreements with foreign financial and nonfinancial institutions; liability | FL622151063 | 26.7 | 19.1 | ND | 21.7 | 19.1 | 19.2 | 19.7 | 20.5 | ND | 23 |
| Hedge funds; loans; liability | FL624123005 | 642.2 | 571.6 | ND | 566.8 | 571.6 | 586.2 | 600.7 | 577.8 | ND | 24 |
| Hedge funds; loans, total secured borrowing via prime brokerages (margin accounts); liability | FL624123035 | 484.3 | 397.6 | ND | 393.7 | 397.6 | 410.2 | 426.3 | 401.1 | ND | 25 |
| Hedge funds; secured borrowing via prime brokerages from domestic institutions (margin accounts); liability | FL623167003 | 423.2 | 348.1 | ND | 347.8 | 348.1 | 360.2 | 376.1 | 351.7 | ND | 26 |
| Hedge funds; secured borrowing via prime brokerages from foreign institutions (margin accounts); liability | FL623169533 | 61.2 | 49.5 | ND | 46 | 49.5 | 50 | 50.1 | 49.4 | ND | 27 |
| Hedge funds; loans, total other secured borrowings; liability | FL624123015 | 136.1 | 153.4 | ND | 152.4 | 153.4 | 156.2 | 154.7 | 158.8 | ND | 28 |
| Hedge funds; other secured borrowings from domestic institutions (banks loans n.e.c.); liability | FL623168013 | 102.3 | 122.8 | ND | 121.2 | 122.8 | 124 | 119.7 | 124.5 | ND | 29 |
| Hedge funds; other secured borrowings from foreign institutions (business loans); lability | FL623169513 | 33.8 | 30.6 | ND | 31.2 | 30.6 | 32.2 | 35 | 34.3 | ND | 30 |
| Hedge funds; total unsecured borrowings (banks loans n.e.c.); liability | FL623168023 | 21.7 | 20.6 | ND | 20.6 | 20.6 | 19.9 | 19.7 | 17.9 | ND | 31 |
| Hedge funds; unidentified miscellaneous liabilities | FL623193005 | 117.4 | 103 | ND | 122.6 | 103 | 102.6 | 82.7 | 124.1 | ND | 32 |
| Hedge funds; total net assets; asset | FL622000003 | 1918.5 | 1822.6 | ND | 1830.4 | 1822.6 | 1857.2 | 1865.1 | 1867.3 | ND | 33 |
| Hedge funds; total long exposure financial derivatives; asset (2) | FL623098003 | 1076.7 | 913.6 | ND | 1022.1 | 913.6 | 965.6 | 992.3 | 958.6 | 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: March 7, 2024