Richard L. Hanna bought PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ)
Richard L. Hanna (R-NY), a U.S. Representative, has disclosed 10 trades in PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ) since 2013, all purchases, worth an estimated $564K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Richard L. Hanna bought $100,001 - $250,000 of PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ) on December 27, 2013. Since that trade, QQQ is up +735.96% against the S&P 500 up +388.48%, an outperformance of +347.48%.
Across these filings, Richard L. Hanna has been a net buyer of QQQ. The most recent disclosed QQQ transaction shown was dated February 5, 2015. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Richard L. Hanna's QQQ trades vs the price
QQQ is up +735.96% since Richard L. Hanna bought on December 27, 2013, versus +388.48% for the S&P 500.
Performance since this trade
All Richard L. Hanna QQQ 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.
Richard L. Hanna & QQQ trading FAQ
Is it legal for Richard L. Hanna to trade PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ) stock?
Yes. Members of Congress are allowed to trade individual stocks, including PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ), 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 Richard L. Hanna buy QQQ?
Richard L. Hanna disclosed a purchase of $100,001 - $250,000 of PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ) on December 27, 2013, according to public STOCK Act filings.
How has QQQ performed since Richard L. Hanna's trade?
Since Richard L. Hanna bought QQQ on December 27, 2013, the stock is up +735.96%, versus +388.48% for the S&P 500 over the same period, an outperformance of +347.48%.
How many times has Richard L. Hanna traded QQQ?
Richard L. Hanna has disclosed 10 QQQ trades since 2013. 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 QQQ trades?
Quantellect tracks every disclosed congressional trade in PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New (QQQ) on the PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : New congressional trading page, which aggregates filings across all members of Congress.
Richard L. Hanna's QQQ tradesAll congressional filings for PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TaTUS : NewRichard L. Hanna'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.