Congress has continued to be busy trading, and we have been tracking all of their latest portfolio movements at Quiver.
Quiver's Congress Buys Strategy is an automated trading strategy that tracks the performance of stocks that have been most purchased by members of U.S. Congress (or their family). This strategy is weighted based on the reported size of the purchases, with weekly rebalancing.
The strategy has returned 31.84% CAGR since inception, with a -2.54% return over the past week, -9.81% return over the past month, and 8.55% return over the past year.
Here is the latest update to the Quiver Congress Buys Strategy:
BITB: 34.32% position
The Congress Buys Strategy has made a -11.01% change to its position in BITB since the last rebalance.
Over the past year, there have been 10 purchases of BITB by Congress members, totaling at least $325,000. 1 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $BITB ticker page for more data.
AMAT: 12.46% position
The Congress Buys Strategy has made a +8.00% change to its position in AMAT since the last rebalance.
Over the past year, there have been 16 purchases of AMAT by Congress members, totaling at least $206,000. 9 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $AMAT ticker page for more data.
AMZN: 11.09% position
The Congress Buys Strategy has made a +7.83% change to its position in AMZN since the last rebalance.
Over the past year, there have been 43 purchases of AMZN by Congress members, totaling at least $411,000. 18 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $AMZN ticker page for more data.
AVGO: 10.14% position
The Congress Buys Strategy has made a +7.37% change to its position in AVGO since the last rebalance.
Over the past year, there have been 21 purchases of AVGO by Congress members, totaling at least $1,133,000. 11 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $AVGO ticker page for more data.
ABBV: 5.60% position
The Congress Buys Strategy has made a +3.63% change to its position in ABBV since the last rebalance.
Over the past year, there have been 10 purchases of ABBV by Congress members, totaling at least $59,000. 9 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $ABBV ticker page for more data.
GE: 5.28% position
The Congress Buys Strategy has made a +3.54% change to its position in GE since the last rebalance.
Over the past year, there have been 2 purchases of GE by Congress members, totaling at least $51,000. 2 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $GE ticker page for more data.
LPLA: 5.28% position
The Congress Buys Strategy has made a +4.26% change to its position in LPLA since the last rebalance.
Over the past year, there have been 2 purchases of LPLA by Congress members, totaling at least $51,000. 2 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $LPLA ticker page for more data.
HE: 5.28% position
The Congress Buys Strategy has made a -27.19% change to its position in HE since the last rebalance.
Over the past year, there have been 1 purchases of HE by Congress members, totaling at least $50,000. 1 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $HE ticker page for more data.
HWM: 5.28% position
The Congress Buys Strategy has made a +2.81% change to its position in HWM since the last rebalance.
Over the past year, there have been 1 purchases of HWM by Congress members, totaling at least $50,000. 1 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $HWM ticker page for more data.
MU: 5.28% position
The Congress Buys Strategy has made a +0.77% change to its position in MU since the last rebalance.
Over the past year, there have been 2 purchases of MU by Congress members, totaling at least $51,000. 2 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $MU ticker page for more data.
For more details on the Quiver Congress Buys strategy, visit www.quiverquant.com/strategies.