Michael T. McCaul bought Ares Capital Corporation (NASDAQ: ARCC)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 8 trades in Ares Capital Corporation (ARCC) since 2017, 5 purchases and 3 sales, worth an estimated $64K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael T. McCaul bought $1,001 - $15,000 of Ares Capital Corporation (NASDAQ: ARCC) on January 5, 2017. Since that trade, ARCC is up +168.71% against the S&P 500 up +273.19%, an outperformance of -104.48%.
Across these filings, Michael T. McCaul has been a net buyer of ARCC (a buy-to-sell ratio of 1.67). The most recent disclosed ARCC transaction shown was dated January 10, 2019. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's ARCC trades vs the price
ARCC is up +168.71% since Michael T. McCaul bought on January 5, 2017, versus +273.19% for the S&P 500.
Performance since this trade
All Michael T. McCaul ARCC trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
Michael T. McCaul & ARCC trading FAQ
Is it legal for Michael T. McCaul to trade Ares Capital Corporation (ARCC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Ares Capital Corporation (ARCC), 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 Michael T. McCaul buy ARCC?
Michael T. McCaul disclosed a purchase of $1,001 - $15,000 of Ares Capital Corporation (ARCC) on January 5, 2017, according to public STOCK Act filings.
How has ARCC performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought ARCC on January 5, 2017, the stock is up +168.71%, versus +273.19% for the S&P 500 over the same period, an outperformance of -104.48%.
How many times has Michael T. McCaul traded ARCC?
Michael T. McCaul has disclosed 8 ARCC trades since 2017 (5 purchases and 3 sales). 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 ARCC trades?
Quantellect tracks every disclosed congressional trade in Ares Capital Corporation (ARCC) on the Ares Capital Corporation congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's ARCC tradesAll congressional filings for Ares Capital CorporationMichael T. McCaul'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.