Lobbying Heavyweights strategy backtest
How the Lobbying Heavyweights strategy works
Holds companies reporting at least $100k of federal lobbying spend in a quarter, entered when the Senate LDA filing is published Backtested since 2020, the strategy returned +172.6% in total (+16.5% a year) across 9,788 trades with a 55% win rate. It beat the S&P 500 in 2 of 7 calendar years.
Trades enter at the first close on or after the filing became public, never before. Positions are held about 30 days. Results include a 0.30% round-trip trading cost.
Other backtested strategies
Backtested results are hypothetical and do not guarantee future returns.