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Congress: members

Michael C. Burgess

Backtest from 9 Aug 2016 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+9.4%
S&P 500 +14.7%
Last 12 months
+12.6%
S&P 500 +12.1%
Sharpe ratio
0.41
S&P 500 0.75
Biggest drop
−36.1%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 201620182020202220242026 $40.8k$25.2k
Michael C. BurgessS&P 500 $10,000 in Michael C. Burgess from 9 Aug 2016 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. Michael C. Burgess (Republican, TX) 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.

Michael C. Burgess's trades →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+9.4%+14.7%
Total return+152%+308%
Last 12 months+12.6%+12.1%
Last 3 months−5.7%—
Last month+1.9%—
This year so far+14.7%—
Volatility a year21.4%16.9%
Sharpe ratio0.410.75
Biggest drop−36.1%−31.8%
Beta to the S&P 5001.011.00
Alpha a year (t-statistic)−4.0% (−0.99)—
Share of weeks up54%—

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. 127 reported trades were copied.

Insights

CompanyWeightHeld sinceReturn since
AMX27.5%9 Aug 2016+164.5%
CC14.5%19 Jul 2023−61.0%
LUV6.7%9 Aug 2016+33.0%
MET6.3%9 Aug 2016+283.5%
AAP6.2%6 Mar 2023−62.2%
T5.6%9 Aug 2016+34.3%
INTC5.0%9 Aug 2016+115.9%
PFE4.8%9 Aug 2016+46.1%
F4.7%9 Aug 2016+73.1%
TM4.3%9 Aug 2016+114.7%
ABBV3.8%14 Aug 2024+60.8%
IBM3.3%9 Aug 2016+151.4%
MRK2.8%14 Aug 2024+40.7%
GE0.8%9 Aug 2016+134.8%
OBE0.8%7 Aug 2018+49.0%
PSX0.5%14 Aug 2024+116.9%
VTRS0.4%10 Aug 2021+54.6%
MSFT0.3%14 Aug 2024+26.3%
OPK0.3%9 Aug 2016−83.4%
GEHC0.3%14 Aug 2024−4.3%
OGN0.3%14 Aug 2023−31.9%
CI0.2%14 Aug 2024−7.4%
AAL0.2%9 Aug 2016−60.7%
BHF0.2%7 Aug 2018+0.1%
KD0.2%14 Aug 2023−18.0%
BBWI0.1%15 Aug 2022−33.2%
PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest9 Aug 2016 to 2 Nov 2026+9.4%+14.7%0.410.75−36.1%1.01−4.0% (−0.99)
2018 onwards5 Jan 2018 to 2 Nov 2026+7.0%+13.9%0.290.66−36.1%1.01−5.4% (−1.18)
Last three years3 Nov 2023 to 2 Nov 2026+8.2%+21.8%0.261.16−31.6%0.81−7.5% (−0.73)
Last year7 Nov 2025 to 2 Nov 2026+12.9%+14.2%0.480.84−16.6%0.35+6.9% (0.32)
DateCompanyAction
14 Aug 2024PSXBought
14 Aug 2024MSFTBought
14 Aug 2024MRKBought
14 Aug 2024GEHCBought
14 Aug 2024CIBought
14 Aug 2024ABBVBought
1 Aug 2024RYBought
23 Jan 2024XOMBought
23 Jan 2024ILMNBought
19 Dec 2023VLOBought
19 Dec 2023PANWBought
19 Dec 2023BXBought
7 Sept 2023STLABought
7 Sept 2023RYBought
7 Sept 2023PRUBought
7 Sept 2023BXBought
7 Sept 2023BBYBought
7 Sept 2023AMDBought
6 Sept 2023UPSBought
6 Sept 2023CMEBought
14 Aug 2023OGNBought
14 Aug 2023KDBought
19 Jul 2023GOOGLBought
19 Jul 2023CCBought
19 Jul 2023AMZNBought

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

DateCompanyAction
25 Sept 2024ILMNSold
14 Aug 2024TXNSold
14 Aug 2024STLASold
14 Aug 2024PRUSold
14 Aug 2024ABTSold
13 Aug 2024RYSold
1 Aug 2024UPSSold
11 Apr 2024XOMSold
8 Mar 2024BBYSold
23 Jan 2024VLOSold
23 Jan 2024RYSold
23 Jan 2024PANWSold
23 Jan 2024BXSold
23 Jan 2024AMGNSold
23 Jan 2024AMDSold
19 Dec 2023CMESold
4 Oct 2023MRKSold
4 Oct 2023BXSold
7 Sept 2023GOOGLSold
7 Sept 2023BRK.BSold
7 Sept 2023AMZNSold
6 Sept 2023ABBVSold
9 Aug 2023PSXSold
9 Aug 2023CISold
9 Aug 2023BXSold

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