DudleySmith
Diamond Member
- Dec 21, 2020
- 22,369
- 15,940
- 2,288
Congress Trading Report 2022 | Unusual Whales
The Unusual Whales Congress Trading Report for 2022. Comprehensive analysis of how Congress traded, their trends, and the most unusual trades of the year.
The 2022 Report is out.
"LDR
- By analysing publicly accessible financial disclosures, we found that a quarter of Congress actively traded up to $788M in various assets through 12,700+ transactions in 2022. Although this matches the number of transactions in 2021, the total value has dropped.
- The top sectors with the highest stock investments were: Technology Services, Electronic Technology, Finance, Consumer Services, Health Technology for Democrats; and Technology Services, Industrial Services, Miscellaneous, Finance, Electronic Technology for Republicans.
- Congress beat SPY based on total returns in 2022, as well as a secondary way of calculating based on if they traded SPY instead of the stocks they traded.
- Top political traders in 2021 were not necessarily top traders in 2022.
- There were many unusual trades, whether coinciding with Committee decisions or large bills themselves, resulting in large gains for politicians."