Patrick Fallon’s disclosed stock trades — and what copying them returned

Patrick Fallon (House) has disclosed 240 stock trades under the STOCK Act, from Jun 17, 2021 to Dec 1, 202248 buys and 192 sells, read straight from the official filings. The median gap between a trade and the public finding out was 114 days — which is why every number below starts at the disclosure date, the earliest day anyone could actually have copied a trade.

What copying every disclosed buy would have returned

Our engine bought at the first opening price after each of Patrick Fallon’s disclosed purchases became public, held until the matching sale was disclosed, and marked the book against simply holding the S&P 500 over the same window (Jun 18, 2021Aug 11, 2026). Fees on, position sizes equal — a filing never discloses the real amount, only a band.

Copy-return, total+95.0%
S&P 500 over the same window+98.9%
Difference-3.9%
Annualized over 5.1 years+13.8% vs +14.3% -0.4% a year against the index
Deepest fall along the way-25.0%
Positions that closed ahead51%
Disclosed buys / actually copied48 / 35 · 6% were options, copied as the stock

Read the fill count before the return: a figure built on a handful of copied positions is an anecdote, whatever it says. And a copy-return is not Patrick Fallon’s own return — the disclosure lag means a copier never got their entry price.

Most-traded tickers

CVX (27) · FDX (25) · BA (22) · AMZN (21) · VZ (19) · MSFT (17) · TWTR (12) · DIS (12) · CRWD (11) · FB (11)

Recent filings

The latest 50 disclosed trades, newest filing first. Both dates are shown because the gap between them is the whole story.

TickerTypeTradedDisclosedLagAmount band
TWTRSellOct 31, 2022Dec 1, 202231d$50,001 - $100,000
VZ (options)SellNov 19, 2021May 14, 2022176d$1,001 - $15,000
VZ (options)SellApr 20, 2021May 14, 2022389d$1,001 - $15,000
UNH (options)SellApr 5, 2021May 14, 2022404d$1,001 - $15,000
LUV (options)SellOct 4, 2021May 14, 2022222d$1,001 - $15,000
LUV (options)SellJun 29, 2021May 14, 2022319d$1,001 - $15,000
CRWD (options)SellJun 24, 2021May 14, 2022324d$1,001 - $15,000
VZSellApr 7, 2021May 14, 2022402d$100,001 - $250,000
CRWDSellOct 18, 2021May 14, 2022208d$100,001 - $250,000
AALSellMar 22, 2021May 14, 2022418d$100,001 - $250,000
AALSellMay 24, 2021May 14, 2022355d$100,001 - $250,000
DIS (options)SellJul 15, 2021May 14, 2022303d$1,001 - $15,000
TWTR (options)SellNov 19, 2021May 14, 2022176d$1,001 - $15,000
TWTR (options)SellOct 4, 2021May 14, 2022222d$1,001 - $15,000
CRM (options)SellMay 27, 2021May 14, 2022352d$1,001 - $15,000
PYPLSellApr 19, 2021May 14, 2022390d$250,001 - $500,000
PYPL (options)SellJan 19, 2021May 14, 2022480d$1,001 - $15,000
PYPL (options)SellFeb 23, 2021May 14, 2022445d$1,001 - $15,000
MSFTSellJan 19, 2021May 14, 2022480d$15,001 - $50,000
MSFTSellApr 19, 2021May 14, 2022390d$250,001 - $500,000
MSFTSellJun 21, 2021May 14, 2022327d$100,001 - $250,000
FDX (options)SellMay 27, 2021May 14, 2022352d$1,001 - $15,000
FDX (options)SellJun 24, 2021May 14, 2022324d$1,001 - $15,000
FDX (options)SellMar 23, 2021May 14, 2022417d$1,001 - $15,000
FDX (options)SellJan 19, 2021May 14, 2022480d$1,001 - $15,000
FB (options)SellFeb 23, 2021May 14, 2022445d$1,001 - $15,000
FB (options)SellApr 20, 2021May 14, 2022389d$1,001 - $15,000
DOCU (options)SellJun 2, 2021May 14, 2022346d$1,001 - $15,000
DE (options)SellAug 10, 2021May 14, 2022277d$1,001 - $15,000
CVX (options)SellJun 29, 2021May 14, 2022319d$1,001 - $15,000
CVX (options)SellMay 27, 2021May 14, 2022352d$1,001 - $15,000
CVXSellOct 18, 2021May 14, 2022208d$100,001 - $250,000
CVX (options)SellApr 5, 2021May 14, 2022404d$1,001 - $15,000
CVX (options)SellFeb 23, 2021May 14, 2022445d$1,001 - $15,000
CATSellMay 24, 2021May 14, 2022355d$100,001 - $250,000
BASellMar 19, 2021May 14, 2022421d$15,001 - $50,000
BA (options)SellApr 20, 2021May 14, 2022389d$1,001 - $15,000
BA (options)SellJan 19, 2021May 14, 2022480d$1,001 - $15,000
BASellMar 22, 2021May 14, 2022418d$100,001 - $250,000
AMATSellApr 5, 2021May 14, 2022404d$1,001 - $15,000
AMATSellApr 19, 2021May 14, 2022390d$50,001 - $100,000
AAPL (options)SellJun 24, 2021May 14, 2022324d$1,001 - $15,000
AAPL (options)SellFeb 22, 2021May 14, 2022446d$1,001 - $15,000
AAPL (options)SellFeb 23, 2021May 14, 2022445d$1,001 - $15,000
AMZN (options)SellOct 26, 2021May 14, 2022200d$1,001 - $15,000
AMZN (options)SellJun 24, 2021May 14, 2022324d$1,001 - $15,000
AMZN (options)BuyMay 21, 2021May 14, 2022358d$1,001 - $15,000
AMZN (options)SellMar 23, 2021May 14, 2022417d$1,001 - $15,000
AMZN (options)SellJan 19, 2021May 14, 2022480d$1,001 - $15,000
DIS (options)SellApr 5, 2021May 14, 2022404d$1,001 - $15,000

Full history, sorting and the CSV export live in Pulse. Open Congress in Pulse.

Hear about the next filing the day it lands

A filing is only useful in the days after it appears — exactly when nobody is watching the disclosure sites. Follow Patrick Fallon in Pulse and you get an email as soon as their next report is parsed: the trades in it, both dates, and how long they sat on it.

See plans All members and how the ranking works

Entries are at the first open AFTER the disclosure date — the earliest any copier could act. The member's own entry was up to 45 days earlier. Disclosed amounts are bands, not sizes; every position is sized at your chosen % of portfolio, which is not how the member sized it. Option purchases are copied as the underlying shares. A filing discloses no strike and no expiry, so an option cannot be mirrored — buying the stock is the closest a reader could get. It is 1.6% of all disclosed buys, but for some members it is a quarter to a half of everything they file, so their figure describes copying the filing rather than what the position itself did. Dividends are treated as reinvested (adjusted closes). Fees and taxes are not modeled. Positions are sized from equity at the time of each entry, so gains compound into later position sizes and most of the account sits in cash between filings. Read the drawdown next to the exposure figures: a portfolio that is mostly cash shows a small whole-portfolio drawdown even when its holdings fell hard. Absolute returns are model outputs, not achievable returns. Past disclosures are no promise of future filings — members stop trading, leave office, or file late in batches.