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Just came across something interesting on Quiver Quantitative - Representative Pat Fallon took a pretty significant hit in the stock market recently. His net worth dropped around $213K in what looks like a rough month for his portfolio. The guy's sitting at roughly $18.4M in total wealth, which puts him in the top tier of Congress financially speaking.
What caught my eye is his stock trading activity. Fallon's got about $2.3M in publicly traded holdings that are being tracked, and there's data on like $38.3M of his trades going back a few years based on STOCK Act filings. Some of his bigger moves included picking up Apple stock back in early 2021 for around $1M - that's up over 55% since then. He also dumped Microsoft for about $1M in February 2021, and that's grown almost 60%. Not all his calls paid off though - he grabbed PayPal for $500K in early 2021 and that's actually down 76% now, yikes.
Interesting to see how politicians manage their portfolios. His recent fundraising numbers show $27.6K raised in Q4 with about $651K cash on hand. The Pat Fallon net worth tracker shows he's still one of the wealthier members up there, but clearly even the big players feel the market swings. You can actually monitor his holdings live on various political finance tracking sites if you're curious about how Congress members' wealth moves around.