INSIDER Alpha · run #241

Pelosi: buy after each purchase is disclosed

Buy every stock Nancy Pelosi's House reports show being purchased (by the member, a spouse or a dependent), at the close of the first trading day after the report is published. Sell 60 trading days later. Option purchases are simulated as shares of the underlying, because option prices are not available.

All strategies

Equity versus SPY

Experimental signal

+6.1%−21.7%

Jun 24, 2026—— Strategy −9.2%—— SPY +4.1%Sep 18, 2026

Total return: −9.2%; Jun 24, 2026 – Sep 18, 2026
Annualized: —; over 3 months
SPY, same dates: +4.1%; buy and hold
Excess vs SPY: −13.3%
Max drawdown: −23.2%
Closed trades: 2; 1 still open
Win rate: 0%
Profit factor: 0.00; gross gains ÷ gross losses
Mean trade: −11.3%; 95% CI too few trades
Mean excess per trade: −15.4%; 95% CI too few trades

Entry: Close of the first trading day after publication
Exit: Close 60 trading days after entry
Costs: 5 bps commission + 10 bps slippage, each side
Prices: Yahoo Finance chart API · Splits and dividends (adjusted close)
Benchmark: SPY, same entry and exit dates
Signals: 8 records published Jun 23, 2026 – Aug 21, 2026
Price coverage: 3 of 3 tickers
Run: #241 · Nov 7, 02:46 UTC · strategy v1 · engine v1.0.0 · params 42091c1e59b94a70
Not traded: 5 — the ticker was already held from an earlier signal

Simulated trades · 3

Signal	Public	Entry	Exit	Net	SPY	Excess	Evidence
BESpouse bought BE ($1,000,001 - $5,000,000)	Aug 21, 2026	Aug 24, 2026$204.02	open	−2.1%	+0.7%	−2.8%	Filing Evidence
INTCSpouse bought INTC ($1,000,001 - $5,000,000) — reported as options; simulated as shares of the underlying	Jun 23, 2026	Jun 24, 2026$131.65	Sep 18, 2026$108.60	−17.8%	+4.1%	−21.9%	Filing Evidence
UBERSpouse bought UBER ($500,001 - $1,000,000) — reported as options; simulated as shares of the underlying

Backtest run

Data sources

SEC Form 41h ago

House PTR1h ago

SEC 13F1h ago

Robinhood Chain1h ago