Trade of the House

If you are starting today

What you would actually be holding

The track record answers "did this work". It does not answer "what do I buy, and how bad does it get". This page does, with the awkward numbers first.

Read these three before anything else

Worst fall, peak to trough
-33%
bottomed 18 Mar 2020 · S&P fell -34% over the same run
Largest single position
0.3%
equal weight across 301 names — no name can dominate
If you follow the dollars instead
63%
of a size-weighted book would be Nancy Pelosi and Josh Gottheimer, and INTC alone 18%
This is a higher-drawdown book than the index, but it is no longer a bet on two people. It returned +21.8% a year against the S&P's +15.7% over 6.59 years, and it fell -33% on the way — deeper than the S&P's -34%, and you would have had to sit through that. Every name is held at the same weight, so no single member is load-bearing: removing Pelosi moves the record by three hundredths of a point, and removing Gottheimer improves it. Only 27 of the 301 live names involve either of them. Follow the disclosed dollars instead and that stops being true — see the card above. Nothing here is investment advice.

Get these by email

One email when a member buys inside their own committee's jurisdiction and files it within 14 days — about three a month. That cut has returned +16.5% against the S&P over twelve months, against −3.4% for trades filed after 45 days. How that was measured.

Double opt-in — nothing is sent until you confirm. One click to leave, no account. Research tool, not investment advice.

What changed in the last 7 days

26 names entered and 12 left since 05 Aug 2026. A name leaves only when its 365-day timer expires — never because the member sold, which the strategy deliberately ignores.

IN  Entered the book

CompanyEnteredBought by
SAIL 12 Aug 2026 Josh Gottheimer
PANW 12 Aug 2026 Josh Gottheimer
CRWD 12 Aug 2026 Josh Gottheimer
NICE 11 Aug 2026 Josh Gottheimer
PLTR 10 Aug 2026 Michael Rulli
ORCL 10 Aug 2026 Michael Rulli
NVDA 10 Aug 2026 Michael Rulli
MU 10 Aug 2026 Michael Rulli
MSFT 10 Aug 2026 Michael Rulli
META 10 Aug 2026 Michael Rulli
LLY 10 Aug 2026 Michael Rulli
KLAC 10 Aug 2026 Michael Rulli
GOOGL 10 Aug 2026 Michael Rulli
CB 10 Aug 2026 Maria Elvira Salazar
BRK.B 10 Aug 2026 Maria Elvira Salazar
AAPL 10 Aug 2026 Michael Rulli
VRSN 06 Aug 2026 Julie Johnson
PAYX 06 Aug 2026 Julie Johnson
PAYC 06 Aug 2026 Julie Johnson
NOW 06 Aug 2026 Julie Johnson
HUMA 06 Aug 2026 Thomas H Tuberville
GILD 06 Aug 2026 Thomas H Tuberville
GEN 06 Aug 2026 Julie Johnson
FFIV 06 Aug 2026 Julie Johnson
BA 06 Aug 2026 Julie Johnson
ADBE 06 Aug 2026 Julie Johnson

OUT  Timed out after 365 days

CompanyClosedHad been held since
MSTR 12 Aug 2026 12 Aug 2025
HURA 11 Aug 2026 11 Aug 2025
OPEN 07 Aug 2026 07 Aug 2025
IREN 07 Aug 2026 07 Aug 2025
HOOD 07 Aug 2026 07 Aug 2025
GE 07 Aug 2026 07 Aug 2025
BMNR 07 Aug 2026 07 Aug 2025
PTC 06 Aug 2026 06 Aug 2025
PAYX 06 Aug 2026 06 Aug 2025
CDW 06 Aug 2026 06 Aug 2025
META 05 Aug 2026 05 Aug 2025
GOOGL 05 Aug 2026 05 Aug 2025

The live basket

Every position the strategy currently holds: 641 filed lines across 301 companies from 46 members. A position enters at the first market open after its filing appears and is held for 365 days, so this list turns over completely within a year.

Company Size
weight		 Equal
weight		 Filed
lines		 Bought by Entered Days
left
INTC 17.7% 0.3% 1 Nancy Pelosi 24 Jun 2026 316
MSFT 15.0% 0.3% 17 Angus S King, Jr., Jared Moskowitz, John Fetterman, Josh Gottheimer, Katie Britt, Marjorie Taylor Greene, Michael Rulli, Richard Dean Dr McCormick, Ritchie John Torres 10 Aug 2026 363
GOOGL 8.5% 0.3% 6 Angus S King, Jr., Michael Rulli, Nancy Pelosi, Ritchie John Torres 10 Aug 2026 363
AMZN 7.0% 0.3% 8 John Fetterman, Katie Britt, Marjorie Taylor Greene, Nancy Pelosi 06 Apr 2026 237
UBER 6.9% 0.3% 4 Angus S King, Jr., Dan Newhouse, John W Hickenlooper, Nancy Pelosi 20 Jul 2026 342
NVDA 4.2% 0.3% 8 Angus S King, Jr., Katie Britt, Michael Rulli, Nancy Pelosi, Ritchie John Torres 10 Aug 2026 363
AAPL 3.0% 0.3% 6 Katie Britt, Michael Rulli, Nancy Pelosi, Richard Dean Dr McCormick 10 Aug 2026 363
PANW 1.5% 0.3% 8 Dan Newhouse, Jared Moskowitz, John W Hickenlooper, Josh Gottheimer, Marjorie Taylor Greene 12 Aug 2026 365
ASTH 1.3% 0.3% 1 Judy Chu 02 Sep 2025 21
INTU 1.3% 0.3% 1 John W Hickenlooper 07 Oct 2025 56
VST 1.3% 0.3% 1 Nancy Pelosi 26 Jan 2026 167
FWONK 0.9% 0.3% 6 April McClain Delaney 04 Aug 2026 357
LLY 0.9% 0.3% 6 John Boozman, Markwayne Mullin, Michael Rulli, Shelley M Capito 10 Aug 2026 363
UNH 0.9% 0.3% 6 John Boozman, Julia Letlow, Katie Britt, Markwayne Mullin 14 Jul 2026 336
ISRG 0.8% 0.3% 2 Markwayne Mullin 20 Jan 2026 161
BWXT 0.8% 0.3% 7 April McClain Delaney 04 Aug 2026 357
MCK 0.7% 0.3% 4 Julia Letlow, Markwayne Mullin 03 Mar 2026 203
TDG 0.7% 0.3% 16 April McClain Delaney, Gilbert Cisneros, Valerie Hoyle 04 Aug 2026 357
UNP 0.7% 0.3% 4 Ritchie John Torres, Scott Scott Franklin 23 Oct 2025 72
IREN 0.7% 0.3% 4 Cleo Fields 04 Feb 2026 176
VSEC 0.7% 0.3% 3 Markwayne Mullin 03 Mar 2026 203
CRS 0.7% 0.3% 3 Markwayne Mullin 03 Mar 2026 203
APG 0.7% 0.3% 3 Markwayne Mullin 03 Mar 2026 203
TEM 0.6% 0.3% 1 Nancy Pelosi 26 Jan 2026 167
GS 0.5% 0.3% 5 Josh Gottheimer, Lisa McClain, Maria Elvira Salazar 20 May 2026 281
CVX 0.5% 0.3% 3 Julie Johnson, Markwayne Mullin, Tim Walberg 04 Jun 2026 296
CB 0.4% 0.3% 2 Maria Elvira Salazar 10 Aug 2026 363
BA 0.4% 0.3% 7 Gilbert Cisneros, Julia Letlow, Julie Johnson, Maria Elvira Salazar, Valerie Hoyle 06 Aug 2026 359
AVGO 0.4% 0.3% 6 Jared Moskowitz, Ritchie John Torres, Shelley M Capito 01 May 2026 262
GE 0.4% 0.3% 6 Gilbert Cisneros, Jared Moskowitz, Maria Elvira Salazar, Valerie Hoyle 01 May 2026 262
BRK.B 0.3% 0.3% 5 Lisa McClain, Maria Elvira Salazar 10 Aug 2026 363
ADP 0.3% 0.3% 5 Dan Newhouse, Marjorie Taylor Greene, Richard Dean Dr McCormick 08 Apr 2026 239
CSCO 0.3% 0.3% 5 Jared Moskowitz, Richard Dean Dr McCormick 10 Dec 2025 120
NVO 0.3% 0.3% 4 Scott Scott Franklin 15 Aug 2025 3
XOM 0.3% 0.3% 4 Angus S King, Jr., John Boozman, Tim Walberg, Valerie Hoyle 04 Jun 2026 296
DE 0.3% 0.3% 3 Julia Letlow, Markwayne Mullin, Valerie Hoyle 20 Jan 2026 161
PAYX 0.3% 0.3% 3 April McClain Delaney, Julie Johnson, Marjorie Taylor Greene 06 Aug 2026 359
DELL 0.3% 0.3% 3 Jared Moskowitz 24 Nov 2025 104
HUMA 0.3% 0.3% 3 Thomas H Tuberville 06 Aug 2026 359
SARO 0.3% 0.3% 9 Gilbert Cisneros 09 Jun 2026 301

…and 261 smaller positions, each under 0.3%.

Two ways to weight it

Size-weighted

Mirrors what the members disclosed, so a $5m position counts a thousand times a $5k one. This is what the headline curve measures.

CAGR
+21.8%
Max drawdown
-33%

Cost: INTC alone is 18% of the book.

If you follow the dollars instead

Same names, same dates, but each position scaled to the amount disclosed rather than held equally.

CAGR
+23.9%
Max drawdown
-30%

Within half a point of the equal-weighted headline, which is the point: this edge does not depend on which weighting you pick. It does concentrate hard though — see the column on the left.

What happens next, and how often

New positions arrive when a tracked member's filing appears — 100 separate days in the last year, roughly one every 4 days. The most recent was 12 Aug 2026, 0 days ago. Quiet fortnights are normal and say nothing about whether anyone is trading; filings arrive in bursts because members file in batches.

When an alert fires, the position opens at the next market open and closes 365 days later. There is no exit signal to watch for and no stop-loss in the backtest — the holding period is fixed, which is part of why the drawdown is what it is.

You are always fully invested. Exposure across the whole test window was 100%, so this is not a strategy that steps aside in bad markets. It fell -33% in 2022 by staying in.

The honest caveat about starting now. Nobody is pre-selected here, so there is no hindsight in who gets tracked — but this is still a backtest, and roughly half the committee edge disappears once you match on sector and quarter. Buying today means buying this basket of 301 names, not the historical average of all baskets. Read the method, which sets out where the number stops being trustworthy, and the committees page, which shows the jurisdictions it comes from.