William Cassidy’s disclosed stock trades — and what copying them returned

William Cassidy (Senate) has disclosed 209 stock trades under the STOCK Act, from Sep 11, 2014 to Dec 8, 202091 buys and 118 sells, read straight from the official filings. The median gap between a trade and the public finding out was 32 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 William Cassidy’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 (Aug 21, 2015Aug 11, 2026). Fees on, position sizes equal — a filing never discloses the real amount, only a band.

Copy-return, total+380.1%
S&P 500 over the same window+367.6%
Difference+12.5%
Annualized over 11 years+15.4% vs +15.1% +0.3% a year against the index
Deepest fall along the way-33.8%
Positions that closed ahead78%
Disclosed buys / actually copied91 / 83

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 William Cassidy’s own return — the disclosure lag means a copier never got their entry price.

Most-traded tickers

AAPL (10) · DIS (8) · CVS (7) · CSCO (7) · LOW (7) · MDT (7) · MSFT (7) · PG (7) · XOM (7) · WMT (6)

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
AMGNSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
AAPLSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
BLKSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
CVSSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
CSCOSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
CMCSASellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
DISSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
DOWSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
IBMSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
LOWSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
MDTSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
MSFTSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
JPMSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
PGSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
PLDSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
SBUXSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
UPSSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
WMTSellNov 5, 2020Dec 8, 202033d$1,001 - $15,000
NVSSellApr 5, 2019Nov 18, 2020593d$1,001 - $15,000
AAPLPartial sellSep 11, 2020Oct 13, 202032d$1,001 - $15,000
AAPLPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
CSCOPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
CMCSAPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
DISPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
IBMPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
LOWPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
MSFTPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
SBUXPartial sellAug 19, 2020Sep 18, 202030d$1,001 - $15,000
PLDBuyJul 15, 2020Aug 12, 202028d$1,001 - $15,000
TROWSellJul 15, 2020Aug 12, 202028d$1,001 - $15,000
DOWBuyMar 9, 2020Mar 27, 202018d$1,001 - $15,000
JNJBuyMar 9, 2020Mar 27, 202018d$1,001 - $15,000
MMMBuyMar 9, 2020Mar 27, 202018d$1,001 - $15,000
PSXBuyMar 9, 2020Mar 27, 202018d$1,001 - $15,000
VFCBuyMar 9, 2020Mar 27, 202018d$1,001 - $15,000
TPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
AMGNPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
AAPLPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
BLKPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
EMRPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
MDTPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
MSFTPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
PGPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
TROWPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
WMTPartial sellMar 9, 2020Mar 27, 202018d$1,001 - $15,000
DDSellAug 1, 2019Sep 11, 201941d$1,001 - $15,000
AMGNPartial sellDec 7, 2018Aug 7, 2019243d$1,001 - $15,000
AAPLBuyDec 7, 2018Aug 7, 2019243d$1,001 - $15,000
CVSPartial sellDec 7, 2018Aug 7, 2019243d$1,001 - $15,000
CSCOPartial sellDec 7, 2018Aug 7, 2019243d$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 William Cassidy 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.