POLITICIANS · COPY-TRADE BACKTEST

If You Copied Richard W. Allen

Representative · Independent · GA

Every position below enters at the close on the disclosure date — the first day this was public — never the underlying trade date. A politician can trade weeks before the STOCK Act filing makes it known; you couldn’t have copied the trade any sooner than that, so neither does this backtest.

See the disclosed trades this is built from

Copying 8 disclosed buys since Jan 15, equal-weighted, held to 2026-09-06

+1.3%

Copy-trade return · 8 positions

+7.2%

S&P 500, same windows

−5.9%

Vs. index

Positions

Ticker	Disclosed	Entry	Last	Return	Index, same window
FERG	Jan 15	Jan 15 @ $249.86	Sep 4 @ $228.41	−8.6%	+11.1%
SPGI	Feb 17	Feb 17 @ $388.32	Sep 4 @ $443.51	+14.2%	+12.8%
KMI	Mar 11	Mar 11 @ $33.08	Sep 4 @ $31.40	−5.1%	+13.9%
TSM	Mar 11	Mar 11 @ $354.56	Sep 4 @ $428.91	+21.0%	+13.9%
AXP	Jun 16	Jun 16 @ $340.74	Sep 4 @ $326.16	−4.3%	+2.8%
TSM	Jun 16	Jun 16 @ $425.83	Sep 4 @ $428.91	+0.7%	+2.8%
AMD	Aug 18	Aug 18 @ $484.39	Sep 4 @ $477.57	−1.4%	+0.3%
AVGO	Aug 18	Aug 18 @ $380.00	Sep 4 @ $357.90	−5.8%	+0.3%

How to read this

Entry is the close on (or the next trading day after) the disclosure date, never the underlying trade date — the whole point is honesty about when the public could actually act.
Price return only — dividends are excluded on both sides (the backtest and the index), which understates total return, especially for dividend payers.
Equal-weighted: every disclosed buy counts the same regardless of the actual dollar size of the trade or position.
Buys only — disclosed sells are not mirrored or subtracted; this tracks "what if you bought and held," not the entity's actual net position over time.
Past performance isn't predictive of future results. Not investment advice.

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