Financial Accounts of the United States - Z.1
F.130 Security Brokers and Dealers
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Security brokers and dealers; gross saving including foreign earnings retained abroad less net capital transfers paid (1) | FA666000105 | 25.9 | 48.3 | 70.1 | 81.5 | 79.9 | 80.9 | 82.1 | 83.0 | 83.4 | 1 |
| Security brokers and dealers; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA665013005 | 49.0 | 64.0 | 66.5 | 71.1 | 69.2 | 70.6 | 72.2 | 72.4 | 74.5 | 2 |
| Security brokers and dealers; total financial assets | FA664090005 | 201.9 | -88.8 | 545.8 | 427.4 | 1227.3 | 121.9 | 1462.4 | -1101.8 | 2059.4 | 3 |
| Security brokers and dealers; checkable deposits and currency; asset | FA663020003 | 2.2 | 8.2 | -20.5 | -0.9 | -6.1 | -28.9 | 24.3 | 7.1 | 1.5 | 4 |
| Security brokers and dealers; security repurchase agreements; asset | FA662051003 | -66.7 | 206.1 | 164.2 | 64.2 | 138.4 | 193.9 | 491.9 | -567.4 | 960.1 | 5 |
| Security brokers and dealers; debt securities; asset (2) | FA664022005 | -36.0 | 134.7 | 222.5 | 176.8 | 451.7 | 82.5 | 191.3 | -18.5 | 585.8 | 6 |
| Security brokers and dealers; commercial paper (net); asset | FA663069105 | 8.4 | 2.7 | 0.6 | 12.4 | 21.0 | -6.5 | 57.8 | -22.9 | 3.2 | 7 |
| Security brokers and dealers; Treasury securities (net); asset | FA663061105 | -0.6 | 48.4 | 108.0 | 130.2 | 338.0 | -134.7 | 150.5 | 167.1 | 167.6 | 8 |
| Security brokers and dealers; agency- and GSE-backed securities (net); asset | FA663061705 | -100.9 | 76.6 | 101.5 | 34.4 | 41.2 | 199.0 | 57.1 | -159.7 | 393.9 | 9 |
| Security brokers and dealers; municipal securities (net) ; asset | FA663062005 | 5.9 | 0.7 | 0.9 | 2.1 | 8.2 | 10.6 | -9.0 | -1.5 | 8.1 | 10 |
| Security brokers and dealers; corporate and foreign bonds (net); asset | FA663063005 | 51.2 | 6.2 | 11.5 | -2.3 | 43.3 | 14.1 | -65.1 | -1.6 | 12.9 | 11 |
| Security brokers and dealers; other loans and advances; asset | FA663069005 | 175.8 | -178.6 | -10.0 | 101.8 | 148.2 | 10.8 | 52.8 | 195.2 | 42.3 | 12 |
| Security brokers and dealers; U.S. direct investment abroad: intercompany debt (market value) | FA663092305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Security brokers and dealers; corporate equities (net); asset (2) | FA663064105 | -103.4 | -41.7 | 53.2 | 1.2 | -42.1 | 44.6 | 69.6 | -67.4 | 51.5 | 14 |
| Security brokers and dealers; U.S. direct investment abroad: equity (market value) | FA663092103 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15 |
| Security brokers and dealers; total miscellaneous assets | FA663090005 | 230.0 | -217.6 | 136.3 | 84.5 | 537.3 | -181.1 | 632.5 | -650.8 | 418.2 | 16 |
| Security brokers and dealers; receivables due from other brokers and dealers and clearing organizations; asset | FA663070605 | 190.6 | -46.1 | 64.0 | -19.4 | 458.8 | -174.8 | 386.4 | -747.9 | 383.1 | 17 |
| Security brokers and dealers; balances due from holding company parent; asset | FA663094705 | 39.5 | 106.3 | 18.1 | 68.8 | 113.0 | 42.2 | 119.7 | 0.1 | 69.7 | 18 |
| Security brokers and dealers; unidentified miscellaneous assets (3) | FA663093005 | -0.1 | -277.7 | 54.3 | 35.1 | -34.5 | -48.5 | 126.4 | 96.9 | -34.7 | 19 |
| Security brokers and dealers; total liabilities and equity | FA664194005 | 189.7 | -0.2 | 521.4 | 428.0 | 1105.3 | 50.6 | 1478.5 | -922.5 | 1974.1 | 20 |
| Security brokers and dealers; total liabilities | FA664190005 | 173.7 | -82.1 | 528.3 | 393.6 | 1198.7 | 107.6 | 1414.0 | -1146.0 | 1990.7 | 21 |
| Security brokers and dealers; security repurchase agreements; liability | FA662151003 | -203.9 | 55.7 | 483.9 | 226.0 | 682.9 | 394.9 | 513.0 | -687.0 | 1443.3 | 22 |
| Security brokers and dealers; corporate and foreign bonds; liability | FA663163003 | 33.8 | 18.4 | 0.1 | 91.1 | 59.1 | 32.5 | 272.4 | 0.5 | 123.7 | 23 |
| Security brokers and dealers; loans; liability | FA664123005 | 145.1 | -43.4 | -76.5 | 29.3 | 12.7 | -98.2 | 326.6 | -124.1 | 352.8 | 24 |
| Security brokers and dealers; depository institution loans n.e.c.; liability | FA663168005 | 39.0 | 9.1 | -1.0 | 10.6 | -2.1 | 8.5 | 13.8 | 22.3 | 26.5 | 25 |
| Security brokers and dealers; payables to customer and noncustomers (free credit, margin deposits, and other payables); liability | FA663167005 | 106.0 | -52.5 | -75.5 | 18.7 | 14.8 | -106.6 | 312.8 | -146.3 | 326.3 | 26 |
| Security brokers and dealers; foreign direct investment in U.S.: intercompany debt, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192305 | 1.3 | 0.4 | -0.3 | 2.1 | 2.2 | 3.3 | 1.4 | 1.4 | -2.8 | 27 |
| Security brokers and dealers; trade payables; liability | FA663170003 | 3.9 | -2.4 | -1.6 | 4.6 | 11.2 | -9.0 | 11.0 | 5.2 | 14.0 | 28 |
| Security brokers and dealers; taxes payable; liability | FA663178003 | 0.5 | -2.9 | 0.1 | 1.4 | 4.1 | 2.1 | 3.2 | -3.8 | 0.4 | 29 |
| Security brokers and dealers; total miscellaneous liabilities | FA663190005 | 192.9 | -107.9 | 122.5 | 39.2 | 426.5 | -217.9 | 286.4 | -338.1 | 59.4 | 30 |
| Security brokers and dealers; payables owed to other brokers and dealers and clearing organizations; liability | FA663170605 | 134.2 | -32.8 | 60.1 | -64.5 | 199.3 | -180.5 | 129.6 | -406.6 | 95.5 | 31 |
| Security brokers and dealers; other investment by holding company parent; liability | FA663194705 | 54.1 | -51.0 | 74.6 | 44.0 | 129.0 | -50.4 | 172.1 | -74.9 | 220.2 | 32 |
| Security brokers and dealers; unidentified miscellaneous liabilities | FA663193005 | 4.6 | -24.2 | -12.2 | 59.8 | 98.1 | 13.0 | -15.4 | 143.4 | -256.4 | 33 |
| Security brokers and dealers; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA663181105 | 16.0 | 82.0 | -6.8 | 34.4 | -93.4 | -57.0 | 64.5 | 223.4 | -16.7 | 34 |
| Security brokers and dealers; corporate equities; liability | FA663164105 | -4.8 | -6.9 | 12.4 | -4.2 | -23.1 | -31.9 | 53.2 | -15.1 | 0.9 | 35 |
| Security brokers and dealers; foreign direct investment in U.S.: equity, adjusted for U.S. Intermediate Holding Companies; liability (market value) | FA663192103 | 47.2 | -11.8 | 34.3 | 48.7 | 61.3 | 19.7 | 68.1 | 45.5 | -20.3 | 36 |
| Security brokers and dealers; proprietors' equity in noncorporate business | FA662090003 | 15.8 | 3.7 | 14.1 | 16.8 | 18.8 | -2.1 | 15.4 | 34.9 | 46.2 | 37 |
| Security brokers and dealers; equity investment by holding company parent; liability | FA663194605 | -42.2 | 97.0 | -67.7 | -26.8 | -150.5 | -42.8 | -72.2 | 158.2 | -43.5 | 38 |
| Security brokers and dealers; investment by funding corporations; liability | FA663194505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 39 |
| Security brokers and dealers; sector discrepancy | FA667005005 | -35.4 | 72.9 | -20.8 | 10.9 | -111.2 | -61.0 | 26.0 | 189.8 | -76.4 | 40 |
| Security brokers and dealers; total securities sold short; liability | FA664160000 | 21.4 | 52.1 | 96.0 | -33.3 | -11.0 | 108.8 | -88.4 | -142.6 | 120.9 | 41 |
| Security brokers and dealers; commercial paper securities sold short; liability | FA664166903 | -0.2 | 0.1 | -0.0 | 0.1 | 0.2 | -0.1 | -0.2 | 0.4 | -0.4 | 42 |
| Security brokers and dealers; Treasury securities sold short; liability | FA664161103 | 17.9 | 72.4 | 16.4 | -3.9 | 55.2 | 3.6 | -77.0 | 2.7 | -176.5 | 43 |
| Security brokers and dealers; agency- and GSE-backed securities sold short; liability | FA664161703 | 3.3 | 0.9 | -1.1 | -0.8 | -2.9 | 0.1 | 4.9 | -5.5 | 9.4 | 44 |
| Security brokers and dealers; municipal securities sold short; liability | FA664166203 | 0.1 | -0.1 | 0.0 | 0.0 | 0.1 | 0.3 | -0.0 | -0.3 | 0.3 | 45 |
| Security brokers and dealers; corporate and foreign bond securities sold short; liability | FA664166303 | 9.3 | 3.5 | 8.3 | 18.8 | 35.8 | 12.8 | 53.7 | -27.0 | 61.0 | 46 |
| Security brokers and dealers; corporate equity securities sold short; liability | FA664164103 | -34.5 | 28.1 | 10.4 | -56.4 | 17.3 | 9.0 | -83.8 | -168.2 | 259.4 | 47 |
| Security brokers and dealers; derivatives, commodities, and other miscellaneous sold short; liability | FA664169305 | 25.6 | -52.7 | 62.1 | 8.9 | -116.7 | 83.0 | 14.0 | 55.3 | -32.4 | 48 |
NOTES
- Net capital transfers paid from table F.5, line 58.
- All securities are shown net of securities sold short. See memo items for detail.
- Net of short positions in commodities, swaps, derivatives, and options. See memo items for detail.
Last Update: June 12, 2025