Quiver Quantitative Profile picture
Jun 20, 2023 8 tweets 3 min read Read on X
U.S. Representative Daniel Crenshaw has only made 33 stock trades since entering office.

They include some of the most well-timed congressional trades we’ve ever seen.

Here are his top five most profitable transactions: Image
Crenshaw purchased the Direction Daily Financial Bull 3X Shares ETF, $FAS, at almost exactly the lowest point of the COVID market crash.

The graph below doesn’t do this trade justice.

It doesn't show that he sold near the peak on 1/10/22 for a return of over 500%. Image
Crenshaw also purchased stock in SPX Technologies, $SPXC, at the low point of the COVID crash.

Since then, the stock has risen 202%. Image
Crenshaw bought Facebook stock, $META, on October 25th, 2022.

Since then, the stock has risen 104%. Image
Crenshaw sold his Rivian stock, $RIVN, on December 23rd, 2021.

Since then, the stock has fallen 84%. Image
Crenshaw bought stock in Wynn Resorts, $WYNN, on October 25th, 2022.

Since then, the stock has risen 80%. Image
Some other moves which weren't as profitable as the others, but just as strange.

On 11/8/2021, Crenshaw bought stock in Tesla.

On 11/12/2021, he sold stock in Tesla.

On 11/12/2021, he bought stock in Tesla again.

On 11/16/2021, he sold stock in Tesla again.
If you want to track all of Crenshaw's trades, and keep up with new moves, check out our congressional trading dashboard: quiverquant.com/congresstradin…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Quiver Quantitative

Quiver Quantitative Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @QuiverQuant

Aug 5, 2024
Most of the stock market is getting crushed, but defense stocks are rising.

We have reported on several purchases of these stocks by politicians over the last year.

Some of them even sit on the committees that oversee defense spending.

Here’s a short thread: Image
Representative Kevin Hern has been buying Lockheed Martin and Raytheon stock: Image
Representative Josh Gottheimer bought Northrop Grumman Stock in September: Image
Read 6 tweets
May 6, 2024
We just saw ANOTHER politician buy stock in the defense contractor Raytheon.

Raytheon produces components for the Tamir intercepting missile used by Israel’s Iron Dome.

Here’s a thread of politicians who we have seen buying stock in Raytheon recently:
On October 13th, we published a report on a purchase of Raytheon stock by Senator Markwayne Mullin.

This trade stood out to us, because Mullin sits on the Senate Armed Services Committee.

The stock has now risen 41% since his purchase.
Image
Image
Representative Kevin Hern disclosed a purchase of Raytheon stock made on March 21st.

The stock has risen 8% in the weeks since then, while the market has fallen.
Image
Image
Read 5 tweets
Apr 26, 2024
We just received data on another politician buying defense stocks.

We have been reporting on politicians buying up defense stocks since this summer.

Many of them sit on committees that oversee defense.

Here's a thread of some of the trades we have seen:
May 5th: Representative Michael McCaul buys Oshkosh StockImage
July 13th: Representative Kevin Hern buys Lockheed Martin and Raytheon StockImage
Read 6 tweets
Feb 20, 2024
New poll showing bipartisan agreement on corruption.

The media rarely covers suspicious congressional stock trades when we report on them.

Here's a thread of a few of our recent reports.

These trades were absurd, but there was hardly any outside attention towards them: Image
In November, I posted a report on a suspicious trade I noticed from Senator Tina Smith.

She bought up to $250K of stock in a company called Tactile Systems.

The stock has now risen over 30% since then.

It’s a medical devices company. Senator Smith is on the Senate Committee on Health.

It’s based in Minnesota. Senator Smith represents Minnesota.Image
In August, I posted a report on a suspicious trade I noticed from Senator Tommy Tuberville.

He bought stock in a company called Humacyte.

The stock has now risen more than 60% since then.

Humacyte is a small biotechnology company that makes implantable human tissue.

Humacyte announced that its technology was successfully used to treat injuries from combat in Ukraine, shortly after Tuberville’s purchase.

Tuberville sits on the Senate Armed Services Committee.Image
Read 6 tweets
Dec 20, 2023
U.S. Representative Daniel Crenshaw has made just 33 stock trades since entering office.

However, they include some of the most well-timed congressional trades we’ve seen.

Here are his top five most profitable transactions: Image
Crenshaw purchased the Direction Daily Financial Bull 3X Shares ETF, $FAS, at almost exactly the lowest point of the COVID market crash.

The graph below doesn’t do this trade justice.

It doesn't show that he sold near the peak on 1/10/22 for a return of over 500%. Image
Crenshaw also bought stock in SPX Technologies, $SPXC, at the low point of the COVID crash. Image
Read 6 tweets
Dec 13, 2023
I've been building bots that trade stock like different politicians.

The portfolio holdings and performance are tracked live on my site.

The Nancy Pelosi Strategy is up 50% this year, but that's not even the top performer.

Here's a short thread:
Image
Image
The Dan Meuser Strategy has been the top performer this year.

We estimate that mimicking trades made by Representative Meuser resulted in a return of over 90%.
Image
Image
Coming in just behind the Pelosi Strategy is the Josh Gottheimer Strategy.

We estimate that mimicking trades made by Representative Gottheimer resulted in a return of over 48% this year.

Gottheimer sits on the House Subcommittee on Investor Protections.
Image
Image
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(