U.S. Finance Firms Hold $79 Trillion in Assets 💰

What We're Showing

This graphic shows select U.S. financial sectors by total assets, based on data from the Federal Reserve.

Figures are as of Q2 2024.

Key Takeaways

• U.S. banks and credit unions hold $27.7 trillion in assets, rising 5.6% on average annually since 1998.
• Assets held in mutual funds have grown on average 8.3% annually over the period, led by giants Vanguard and Fidelity.
• Over the past year, hedge fund assets grew at the fastest rate overall, jumping by 16.3% amid a booming stock market.
• In 2024, hedge fund leverage stood near its highest level in more than a decade.