NAICS Code 52391 — Miscellaneous Intermediation

NAICS Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It contains 1 direct sub-code.

Code	52391
Title	Miscellaneous Intermediation
Level	NAICS Industry (5-digit)
Edition	NAICS 2022 edition

Official definition (2022 NAICS)

This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account.

Illustrative Examples:

Investment clubs

Tax liens dealing (i.e., acting as a principal in dealing tax liens to investors)

Venture capital companies

Mineral royalties or leases dealing (i.e., acting as a principal in dealing royalties or leases to investors)

This national industry shares the official Census description of 523910.

Where 52391 sits in the hierarchy

Level	Code	Title
Sector	52	Finance and Insurance
Subsector	523	Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Industry Group	5239	Other Financial Investment Activities
NAICS Industry	52391	Miscellaneous Intermediation

Codes under 52391

Code	Title
523910	Miscellaneous Intermediation

Related NAICS Industry codes

• 52394 — Portfolio Management and Investment Advice
• 52399 — All Other Financial Investment Activities

Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.