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 37.17% CAGR since inception, with a 7.17% return over the past week, 20.07% return over the past month, and 45.52% return over the past year.
Here is the latest update to the Quiver Congress Buys Strategy:
TSM: 13.65% position
The Congress Buys Strategy has made a +8.43% change to its position in TSM since the last rebalance.
Over the past year, there have been 39 purchases of TSM by Congress members, totaling at least $1,297,000. 9 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $TSM ticker page for more data.
IBIT: 13.12% position
The Congress Buys Strategy has made a -30.67% change to its position in IBIT since the last rebalance.
Over the past year, there have been 9 purchases of IBIT by Congress members, totaling at least $270,000. 3 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $IBIT ticker page for more data.
META: 13.12% position
The Congress Buys Strategy has made a +9.84% change to its position in META since the last rebalance.
Over the past year, there have been 67 purchases of META by Congress members, totaling at least $1,114,000. 19 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $META ticker page for more data.
MU: 11.42% position
The Congress Buys Strategy has made a +8.45% change to its position in MU since the last rebalance.
Over the past year, there have been 128 purchases of MU by Congress members, totaling at least $714,000. 10 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $MU ticker page for more data.
GOOGL: 11.15% position
The Congress Buys Strategy has made a +6.74% change to its position in GOOGL since the last rebalance.
Over the past year, there have been 180 purchases of GOOGL by Congress members, totaling at least $3,486,000. 14 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $GOOGL ticker page for more data.
C: 10.89% position
The Congress Buys Strategy has made a -4.67% change to its position in C since the last rebalance.
Over the past year, there have been 134 purchases of C by Congress members, totaling at least $3,326,000. 7 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $C ticker page for more data.
XOM: 6.82% position
The Congress Buys Strategy has made a +0.09% change to its position in XOM since the last rebalance.
Over the past year, there have been 60 purchases of XOM by Congress members, totaling at least $979,000. 11 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $XOM ticker page for more data.
BK: 6.69% position
The Congress Buys Strategy has made a -1.03% change to its position in BK since the last rebalance.
Over the past year, there have been 59 purchases of BK by Congress members, totaling at least $340,000. 7 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $BK ticker page for more data.
BABA: 6.56% position
The Congress Buys Strategy has made a -0.85% change to its position in BABA since the last rebalance.
Over the past year, there have been 49 purchases of BABA by Congress members, totaling at least $1,356,000. 5 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $BABA ticker page for more data.
AMD: 6.56% position
The Congress Buys Strategy has made a +3.66% change to its position in AMD since the last rebalance.
Over the past year, there have been 52 purchases of AMD by Congress members, totaling at least $908,000. 13 different members have purchased the stock over this time period.
Check out Quiver Quantitative's $AMD ticker page for more data.
For more details on the Quiver Congress Buys strategy, visit www.quiverquant.com/strategies.
