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Congress: members

Kathy E. Manning

Backtest from 5 Feb 2021 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+13.6%
S&P 500 +13.9%
Last 12 months
+26.7%
S&P 500 +12.1%
Sharpe ratio
0.64
S&P 500 0.69
Biggest drop
−33.3%
S&P 500 −23.9%
$10.0k$20.0k 202120222023202420252026 $21.1k$20.8k
Kathy E. ManningS&P 500 $10,000 in Kathy E. Manning from 5 Feb 2021 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Mirrors the disclosed stock holdings of Rep. Kathy E. Manning (Democrat, NC) and family. It buys on the first trading day after each report is filed, sized by the middle of the value band reported, starts from the holdings listed in the member's annual disclosure report once that report is public, and holds each position until a sale is reported. Call options count as the stock until they expire. Members often report weeks or months late, so this is what a follower could actually have done.

Kathy E. Manning's trades →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+13.6%+13.9%
Total return+108%+111%
Last 12 months+26.7%+12.1%
Last 3 months+2.5%—
Last month−3.9%—
This year so far+22.2%—
Volatility a year16.7%15.5%
Sharpe ratio0.640.69
Biggest drop−33.3%−23.9%
Beta to the S&P 5001.021.00
Alpha a year (t-statistic)−0.2% (−0.10)—
Share of weeks up56%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck. 721 reported trades were copied.

Insights

CompanyWeightHeld sinceReturn since
MU13.5%12 Aug 2021+1129.9%
NVDA12.9%12 Aug 2021+934.7%
MSFT6.0%7 May 2021+114.4%
AAPL5.7%12 Aug 2021+132.1%
LRCX3.7%22 May 2023+304.5%
WMT3.3%5 Feb 2021+184.7%
V3.0%11 Aug 2022+108.0%
JPM3.0%5 Feb 2021+185.0%
CAT2.9%5 Feb 2021+252.7%
GOOGL2.8%12 Aug 2021+108.5%
ECL2.3%12 Aug 2021+49.2%
GRMN2.0%19 Aug 2024+60.7%
AMGN1.8%22 May 2023+129.9%
JNJ1.8%5 Feb 2021+92.0%
CB1.8%5 Feb 2021+145.6%
APD1.7%5 Feb 2021+44.5%
ABBV1.7%12 Aug 2021+201.9%
ABT1.7%12 Aug 2021−0.5%
HD1.6%5 Feb 2021+41.1%
TJX1.6%12 Aug 2021+112.0%
AON1.5%12 Aug 2021+24.4%
CFG1.5%7 Feb 2024+128.6%
MA1.5%12 Aug 2021+87.8%
PG1.4%12 Aug 2021+31.5%
LLY1.3%12 Aug 2021+458.2%
SYY1.3%5 Feb 2021+23.4%
EXPD1.3%5 Feb 2021+130.8%
PKG1.1%5 Feb 2021+129.4%
COST1.1%7 Feb 2024+46.7%
BAC1.0%12 Aug 2021+34.8%
LMT1.0%12 Aug 2021+105.2%
MSCI1.0%7 Feb 2024+12.0%
MRK1.0%7 Feb 2024+26.9%
QCOM1.0%22 May 2023+68.8%
CME0.9%5 Feb 2021+99.7%
CRM0.8%7 Feb 2024−18.9%
ACN0.8%12 Aug 2021−10.6%
CNC0.8%5 Feb 2021+12.9%
AMZN0.7%12 Aug 2021+50.6%
BRBS0.7%12 Aug 2021−70.5%
MDT0.7%7 Feb 2024+24.2%
INTU0.5%5 Feb 2021−4.8%
BBY0.3%3 Aug 2023+39.4%
CAH0.3%3 Aug 2023+184.6%
CSCO0.2%12 Aug 2021+110.1%
MS0.2%12 Aug 2021+109.2%
MET0.2%3 Aug 2023+72.8%
KR0.2%12 Aug 2021+79.0%
VOYA0.2%12 Aug 2021+63.9%
LDOS0.1%15 Aug 2022+50.1%
AMP0.1%3 Aug 2023+48.3%
NXPI0.1%12 Aug 2021+33.0%
TGT0.1%12 Aug 2021−29.2%
CHD0.1%12 Aug 2021+39.5%
ALLY0.1%12 Aug 2021−16.0%
KMB0.1%11 Nov 2022+0.3%
UNP0.0%3 Aug 2023+43.6%
PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest5 Feb 2021 to 2 Nov 2026+13.6%+13.9%0.640.69−33.3%1.02−0.2% (−0.10)
Last three years3 Nov 2023 to 2 Nov 2026+28.4%+21.8%1.461.16−16.0%0.99+5.6% (1.73)
Last year7 Nov 2025 to 2 Nov 2026+28.4%+14.2%1.510.84−8.9%1.01+11.9% (1.42)
DateCompanyAction
19 Aug 2024GRMNBought
30 Jul 2024PFEBought
7 Feb 2024MSCIBought
7 Feb 2024MRKBought
7 Feb 2024MDTBought
7 Feb 2024CRMBought
7 Feb 2024COSTBought
7 Feb 2024CFGBought
3 Aug 2023UNPBought
3 Aug 2023NKEBought
3 Aug 2023METBought
3 Aug 2023ELBought
3 Aug 2023CAHBought
3 Aug 2023BBYBought
3 Aug 2023AMPBought
22 May 2023QCOMBought
22 May 2023LRCXBought
22 May 2023AMGNBought
11 Nov 2022WELLBought
11 Nov 2022TXNBought
11 Nov 2022PPLBought
11 Nov 2022MMMBought
11 Nov 2022KMBBought
11 Nov 2022INVHBought
11 Nov 2022FDXBought

Dated on the first trading day after the report was filed, when a follower could have acted.

DateCompanyAction
5 Sept 2024PFESold
19 Aug 2024NKESold
30 Jul 2024BMYSold
8 Jul 2024WUSold
7 Feb 2024SBUXSold
7 Feb 2024GISSold
16 Jan 2024PYPLSold
16 Jan 2024PFESold
16 Jan 2024MDTSold
16 Jan 2024ELSold
16 Jan 2024DISSold
16 Jan 2024CFGSold
3 Aug 2023XOMSold
3 Aug 2023WELLSold
3 Aug 2023VZSold
3 Aug 2023UNHSold
3 Aug 2023TXNSold
3 Aug 2023TSLASold
3 Aug 2023TMOSold
3 Aug 2023PPLSold
3 Aug 2023PMSold
3 Aug 2023PEPSold
3 Aug 2023NEESold
3 Aug 2023MRKSold
3 Aug 2023MMMSold

Dated on the first trading day after the report was filed, when a follower could have acted.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest