Tommy Tuberville's trading has drawn more scrutiny than most, largely over when things were reported rather than what was bought. Our data has something to say about both.
The result
| Disclosed buys | 541 |
| Simulated purchases filled | 499 |
| Period | Jul 2021 – Aug 2026 |
| Copy-strategy return | 86.6% |
| S&P 500 over the same window | 95.5% |
| Difference | −8.8 points |
| Maximum drawdown | 27.4% |
| Median disclosure lag | 35 days |
A frozen run, not a live one: $10k start, every disclosed buy sized at 1% of equity and entered at the first open after it became public, mirroring the member's own disclosed exits. Past results, not a performance claim.
Copying the filings returned 86.6% against the index's 95.5% over 5.1 years, 8.8 points behind, ranking 119th of 146.
Unlike most of the board, that figure means something. His filings are frequent enough that the simulated account held 51.7% in his picks rather than sitting in the index, so this is a real test of the trades, not a near-index portfolio drifting either side of the benchmark. Most members who "beat the market" on this board did so with under 5% invested; he is not one of them, and he lost.
Correction. An earlier version of this page called this the only congressional record out of 153 that finished ahead, by nine points. That was our sizing assumption, not his trading: the old simulation put 5% into each buy and left the remainder in dead cash, which penalised members who trade rarely and flattered those who trade constantly. With idle cash held in SPY he ranks 119th and trails. We have left the correction visible rather than restating the numbers quietly.
The filing that arrived 880 days late
Here's the part that isn't in the returns.
On 5 August 2026, a single filing reported 165 transactions. The oldest of them was dated 8 March 2024, an 880-day gap between the trade and its disclosure.
The STOCK Act requires reporting within 45 days. The penalty for missing it is a $200 fee.
That document is not even the worst case. Twenty-one filings in our dataset of 40,120 transactions carry a longer gap, the record belongs to a June 2025 filing that disclosed a trade from May 2015, some 3,698 days earlier. 56 separate filings across Congress carry at least one trade more than 600 days old, and one in five transactions overall breaks the 45-day limit.
Which is rather the point: an 880-day disclosure is unusual, but it is not aberrant. It sits inside a normal distribution of very late filings.
The median lag on this record is 35 days: already the slowest of the three members we profiled, against 23 for Pelosi and 27 for Gottheimer, and that median is measured before you account for the tail.
What that does to a copier: nothing good. A backtest that enters on the disclosure date treats a trade disclosed 880 days late as an entry 880 days after the fact. Sometimes that's harmless. Sometimes you're buying into a position the member opened, rode and closed before you knew it existed. You cannot tell which from the filing.
A quarter of the buys were options
25.1% of these disclosed purchases were options, the second-highest concentration among well-known members, behind Pelosi's 36.5% and far above the 1.6% corpus average.
A filing gives a ticker, a date and a dollar band. No strike, no expiry. An option purchase therefore cannot be copied, and our simulation buys the underlying shares instead.
So the 86.6% describes copying these filings as a share portfolio, which is what a reader could actually have done. It does not describe what the positions themselves did. For a quarter of the book, those are materially different things in both directions, leverage amplifies losses too.
What was bought
| Ticker | Buys |
|---|---|
| CLF | 43 |
| INTC | 17 |
| PYPL | 17 |
| GOLD | 15 |
| QCOM | 13 |
| F | 12 |
| ECOM | 11 |
| HUMA | 11 |
A noticeably different book from the mega-cap technology concentration in the other two records: steel, semiconductors, gold miners, autos. More cyclical, more value-flavoured, and it shows up in the risk: a 27.4% maximum drawdown at 51.7% average exposure.
The honest summary
Ahead of the index over five years, on a large sample, and the only record of 146 that manages it. Three things qualify it heavily: the margin is 67.4 points, which a different position-sizing assumption could erase and the filings do not disclose sizes; a quarter of the copied book was options flattened into shares; and this disclosure record includes one of the latest filings in our dataset.
The returns are what a mechanical copy would have produced. The 880-day filing is what following along actually feels like.
Full board, all 146 rankable members.
The fine print
Simulation enters at the first open after each filing became public, sizes each position at 1.0% of account equity with idle cash held in SPY, and mirrors the member's disclosed exits. Options are modelled as purchases of the underlying. Amounts are bands, never exact sizes. Runs on adjusted closes, so dividends are reinvested; taxes, market impact and commission are not modelled. Filing dates are as recorded in the official documents. This is an analysis of public filings, not an allegation of wrongdoing: late filing is a disclosed and fee-bearing matter of public record, and it is educational content rather than investment advice.