Kenny Marchant bought Plains All American Pipeline LP (NASDAQ: PAA)
Kenny Marchant (R-TX), a U.S. Representative, has disclosed 2 trades in Plains All American Pipeline LP (PAA) since 2015, all purchases, worth an estimated $65K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Kenny Marchant bought $15,001 - $50,000 of Plains All American Pipeline LP (NASDAQ: PAA) on December 29, 2015. Since that trade, PAA is up +143.38% against the S&P 500 up +323.10%, an outperformance of -179.73%.
Across these filings, Kenny Marchant has been a net buyer of PAA. The most recent disclosed PAA transaction shown was dated November 29, 2017. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kenny Marchant's PAA trades vs the price
PAA is up +143.38% since Kenny Marchant bought on December 29, 2015, versus +323.10% for the S&P 500.
Performance since this trade
All Kenny Marchant PAA trades
Kenny Marchant & PAA trading FAQ
Is it legal for Kenny Marchant to trade Plains All American Pipeline LP (PAA) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Plains All American Pipeline LP (PAA), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Kenny Marchant buy PAA?
Kenny Marchant disclosed a purchase of $15,001 - $50,000 of Plains All American Pipeline LP (PAA) on December 29, 2015, according to public STOCK Act filings.
How has PAA performed since Kenny Marchant's trade?
Since Kenny Marchant bought PAA on December 29, 2015, the stock is up +143.38%, versus +323.10% for the S&P 500 over the same period, an outperformance of -179.73%.
How many times has Kenny Marchant traded PAA?
Kenny Marchant has disclosed 2 PAA trades since 2015. Every disclosed trade is listed on this page.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional PAA trades?
Quantellect tracks every disclosed congressional trade in Plains All American Pipeline LP (PAA) on the Plains All American Pipeline LP congressional trading page, which aggregates filings across all members of Congress.
Kenny Marchant's PAA tradesAll congressional filings for Plains All American Pipeline LPKenny Marchant's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.