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David A. Trott: stock trades

Representative for MI (at large). Value ranges as filed, never exact figures.

Activity

Top sectors

Trades in companies we cover, by the company’s sector. Green is purchases, red is sales.

  • Energy100% of trades 60

Would copying David A. Trott’s trades have beaten the S&P 500?

Copying David A. Trott’s disclosed holdings (starting from the holdings in each annual disclosure report once it was published, then adding purchases and taking off sales as each trade report became public, sized by the amounts reported, with call options counted as the stock until they expired) would have turned $10,000 on March 4, 2015 into $27,407 by November 2, 2026, against $43,671 in the S&P 500: +9.1% a year against +13.5%, with a beta of 0.99. Selling each purchase after 6 months instead would have made +1.5% a year. Six months after each report, the average share purchase was −1.6% against the S&P 500 (median −2.3%), and 43% beat it, well within what luck alone would produce. Measured from the trade date instead, the member’s own timing, the average was −2.4%. Reports arrived a median of 20 days after the trade.

$0$20.0k$40.0k 201520172019202120232025 $43.7k$27.4k
Copying David A. TrottS&P 500, buy and hold $10,000 copying David A. Trott’s disclosed holdings from March 4, 2015, before costs and taxes, marked weekly. Each annual report resets the copy to the holdings it lists; each trade report then adds or reduces positions, sized by the middle of the amount band filed (a partial sale takes off its band but never more than half the position). Holdings before the first report in our records are unknown. Money not in a stock earns the Treasury bill rate.
MeasuredTrades countedAverage vs S&P 500MedianWent the right wayt-statisticEvidence
Purchases, 3 months after the report 21 +2.1% +0.3% 57% 0.80 No reliable evidence
Purchases, 6 months after the report 21 −1.6% −2.3% 43% -0.53 No reliable evidence
Purchases, 3 months after the trade 21 +1.4% +0.1% 52% 0.63 No reliable evidence
Purchases, 6 months after the trade 21 −2.4% −0.6% 48% -0.81 No reliable evidence
Sales, 6 months after the report 39 −14.1% −23.9% 74% -3.66 No reliable evidence
Return a year, copying
+9.1%
S&P 500, same dates
+13.5%
Yearly swing (S&P 500)
34% (18%)
Sharpe ratio (S&P 500)
0.37 (0.68)
Biggest drop (S&P 500)
−85% (−34%)
Market sensitivity (beta)
0.99

“Average vs S&P 500” is the stock’s return including dividends minus the index’s over the same dates. For sales, a negative figure means the stock lagged after it was sold, so selling was the right call (green). “Went the right way” is the share of purchases that beat the index, or of sales that trailed it. The t-statistic treats each trade as a separate bet; the Evidence label is stricter and uses one average per month of reports, because trades bunch together. Trades in companies we cover only. The averages count share trades; the copy portfolio also counts call options as the stock and sizes positions by the middle of each band filed. No trading costs or taxes. These are the stocks’ moves after each trade: they say nothing about why David A. Trott traded and do not suggest the use of non-public information. How every member compares.

Stocks traded

Every company we cover that appears in the reports. “Since first purchase” is the stock’s move from the close on the member’s first disclosed purchase to the latest close, against the S&P 500; it is not the member’s return.
NGLNGL Energy Partners LP 0 22$22,022–$330,000 Sep 30, 2015 Oct 29, 2015 —
EPDEnterprise Products Partners L.p. 4$102,004–$230,000 3$80,003–$200,000 Oct 5, 2015 Sep 28, 2016 —
MPLXMplx LP 5$82,005–$230,000 2$16,002–$65,000 Feb 22, 2016 Dec 17, 2018 ▲ 471.4%+111.1 pts vs S&P
PAAPlains ALL American Pipeline LP 4$152,004–$380,000 3$31,003–$115,000 Feb 26, 2015 Dec 6, 2018 —
TRPTC Energy Corp 3$31,003–$115,000 2$30,002–$100,000 Dec 4, 2017 Dec 6, 2018 —
WMBWilliams Companies 1$15,001–$50,000 2$150,002–$350,000 Mar 15, 2018 Dec 6, 2018 ▲ 328.3%+115.2 pts vs S&P
OKEOneok 0 2$30,002–$100,000 Dec 20, 2017 Sep 10, 2018 —
TRGPTarga Resources 1$50,001–$100,000 1$15,001–$50,000 Feb 19, 2016 Dec 6, 2018 ▲ 781.9%+566.9 pts vs S&P
WESWestern Midstream Partners, LP 0 2$65,002–$150,000 May 2, 2016 Sep 17, 2018 —
ENBEnbridge Inc 1$15,001–$50,000 0 Sep 20, 2018 Sep 20, 2018 ▲ 132.7%−58.1 pts vs S&P
GELGenesis Energy LP 1$15,001–$50,000 0 Jul 17, 2015 Jul 17, 2015 —
PAGPPlains GP Holdings LP 1$15,001–$50,000 0 Dec 17, 2018 Dec 17, 2018 ▲ 129.9%−103.0 pts vs S&P

Trades in companies we cover

“Stock since trade” is the share price move from the close on the trade date to the latest close, with the gap to the S&P 500 beneath. It describes the stock, not what the member made. Click a column heading to sort.

Report
MPLXMplx LP Purchase$15,001 - $50,000 Jan 8, 2019 Dec 17, 2018 ▲ 269.0%+36.2 pts vs S&P Filing
PAGPPlains GP Holdings LP Purchase$15,001 - $50,000 Jan 8, 2019 Dec 17, 2018 ▲ 129.9%−103.0 pts vs S&P Filing
PAAPlains ALL American Pipeline LP Purchase$1,001 - $15,000 Jan 8, 2019 Dec 6, 2018 ▲ 116.9%−98.1 pts vs S&P Filing
TRGPTarga Resources Purchase$50,001 - $100,000 Jan 8, 2019 Dec 6, 2018 ▲ 781.9%+566.9 pts vs S&P Filing
TRPTC Energy Corp Sale (full)$15,001 - $50,000 Jan 8, 2019 Dec 6, 2018 — Filing
WMBWilliams Companies Sale (full)$100,001 - $250,000 Jan 8, 2019 Dec 6, 2018 ▲ 354.7%+139.7 pts vs S&P Filing
ENBEnbridge Inc Purchase$15,001 - $50,000 Oct 5, 2018 Sep 20, 2018 ▲ 132.7%−58.1 pts vs S&P Filing
TRPTC Energy Corp Sale (partial)$15,001 - $50,000 Oct 5, 2018 Sep 20, 2018 — Filing
WMBWilliams Companies Sale (partial)$50,001 - $100,000 Oct 5, 2018 Sep 18, 2018 ▲ 297.1%+103.6 pts vs S&P Filing
WESWestern Midstream Partners, LP Sale (partial)$15,001 - $50,000 Oct 5, 2018 Sep 17, 2018 — Filing
MPLXMplx LP Purchase$1,001 - $15,000 Oct 5, 2018 Sep 11, 2018 ▲ 235.1%+39.7 pts vs S&P Filing
OKEOneok Sale (partial)$15,001 - $50,000 Oct 5, 2018 Sep 10, 2018 — Filing
TRPTC Energy Corp Purchase$1,001 - $15,000 Oct 5, 2018 Sep 10, 2018 — Filing
WMBWilliams Companies Exchange$100,001 - $250,000 Sep 7, 2018 Aug 10, 2018 — Filing
WMBWilliams Companies Purchase$15,001 - $50,000 Apr 6, 2018 Mar 15, 2018 ▲ 328.3%+115.2 pts vs S&P Filing
TRPTC Energy Corp Purchase$15,001 - $50,000 Feb 6, 2018 Jan 11, 2018 — Filing
OKEOneok Sale (full)$15,001 - $50,000 Jan 5, 2018 Dec 20, 2017 — Filing
TRPTC Energy Corp Purchase$15,001 - $50,000 Jan 5, 2018 Dec 4, 2017 — Filing
OKEOneok Exchange$100,001 - $250,000 Aug 4, 2017 Jun 30, 2017 — Filing
EPDEnterprise Products Partners L.p. Sale (full)$15,001 - $50,000 Oct 5, 2016 Sep 28, 2016 ▲ 182.5%−125.1 pts vs S&P Filing
MPLXMplx LP Sale (full)$15,001 - $50,000 Oct 5, 2016 Sep 28, 2016 ▲ 325.2%+17.6 pts vs S&P Filing
PAAPlains ALL American Pipeline LP Purchase$50,001 - $100,000 Oct 5, 2016 Sep 16, 2016 ▲ 100.6%−213.2 pts vs S&P Filing
EPDEnterprise Products Partners L.p. Sale (full)$15,001 - $50,000 Oct 5, 2016 Sep 15, 2016 ▲ 199.2%−113.0 pts vs S&P Filing
MPLXMplx LP Sale (full)$1,001 - $15,000 Oct 5, 2016 Sep 12, 2016 ▲ 329.2%+19.0 pts vs S&P Filing
PAAPlains ALL American Pipeline LP Purchase$1,001 - $15,000 Sep 2, 2016 Aug 1, 2016 ▲ 104.7%−204.4 pts vs S&P Filing
WESWestern Midstream Partners, LP Sale (full)$50,001 - $100,000 Jun 3, 2016 May 2, 2016 — Filing
MPLXMplx LP Purchase$50,001 - $100,000 May 4, 2016 Apr 28, 2016 ▲ 351.0%+21.0 pts vs S&P Filing
MPLXMplx LP Purchase$15,001 - $50,000 May 4, 2016 Apr 19, 2016 ▲ 353.6%+28.7 pts vs S&P Filing
EPDEnterprise Products Partners L.p. Sale (full)$50,001 - $100,000 May 4, 2016 Apr 8, 2016 ▲ 227.5%−108.7 pts vs S&P Filing
MPLXMplx LP Purchase$1,001 - $15,000 Mar 7, 2016 Feb 22, 2016 ▲ 471.4%+111.1 pts vs S&P Filing
TRGPTarga Resources Sale (full)$15,001 - $50,000 Mar 7, 2016 Feb 19, 2016 ▲ 2134.1%+1767.1 pts vs S&P Filing
EPDEnterprise Products Partners L.p. Purchase$50,001 - $100,000 Mar 7, 2016 Feb 17, 2016 ▲ 246.0%−118.9 pts vs S&P Filing
TRGPTarga Resources Exchange$15,001 - $50,000 Mar 7, 2016 Feb 17, 2016 — Filing
EPDEnterprise Products Partners L.p. Purchase$50,001 - $100,000 Mar 7, 2016 Feb 2, 2016 ▲ 244.9%−126.6 pts vs S&P Filing
MPLXMplx LP Exchange$15,001 - $50,000 Jan 8, 2016 Dec 4, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 29, 2015 ▲ 66.0%−265.9 pts vs S&P Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 28, 2015 ▲ 66.0%−265.9 pts vs S&P Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 27, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 26, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 23, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 22, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 21, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 20, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 19, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 16, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 15, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 14, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 13, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 12, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 9, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 8, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 7, 2015 — Filing
EPDEnterprise Products Partners L.p. Purchase$1,001 - $15,000 Nov 3, 2015 Oct 6, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 6, 2015 — Filing
EPDEnterprise Products Partners L.p. Purchase$1,001 - $15,000 Nov 3, 2015 Oct 5, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 5, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 2, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Nov 3, 2015 Oct 1, 2015 — Filing
NGLNGL Energy Partners LP Sale (full)$1,001 - $15,000 Oct 6, 2015 Sep 30, 2015 — Filing
PAAPlains ALL American Pipeline LP Sale (full)$1,001 - $15,000 Oct 6, 2015 Sep 29, 2015 — Filing
GELGenesis Energy LP Purchase$15,001 - $50,000 Aug 5, 2015 Jul 17, 2015 — Filing
PAAPlains ALL American Pipeline LP Sale (full)$15,001 - $50,000 Jun 2, 2015 May 22, 2015 — Filing
PAAPlains ALL American Pipeline LP Sale (full)$15,001 - $50,000 Jun 2, 2015 May 21, 2015 — Filing
PAAPlains ALL American Pipeline LP Purchase$100,001 - $250,000 Mar 3, 2015 Feb 26, 2015 — Filing

What happened to the stocks afterwards

David A. Trott has too few trades with a full 30 or 90 day window behind them to say anything (we need at least 20 on a side). The totals are not shown rather than shown on a handful of trades.

Excess return is the stock’s move minus the S&P 500’s over the same dates, measured from the close on the trade date, on closing prices adjusted for splits and dividends. Value ranges are wide, filings arrive up to 45 days late, trades by one member in one stock are not independent, and a stock’s move says nothing about what a member earned. A small average over a few trades is noise, not evidence. This is not investment advice. For sales, a positive figure means the stock went on to beat the market after the sale.

Filings

Holdings and net worth are not shown: members also file annual financial disclosure reports listing what they own, and those are not included here yet. We show only the trades they report.

Source: periodic transaction reports filed with the Clerk of the House of Representatives under the STOCK Act (Senate reports are not included yet). Members report trades by themselves, their spouses and dependent children. Amounts are the value ranges as filed, not exact figures, and a report can be filed up to 45 days after the trade, so the latest trades may not appear yet. Scanned paper reports are linked but not transcribed. By law (5 U.S.C. §13107) these reports may not be used for any commercial purpose other than by news and communications media for dissemination to the general public; we publish them free, as news.

← All trades by members of Congress