Cynthia M Lummis

Following their disclosures vs. same money in SPY: -51.7 pts

Cumulative return you could actually have earned by copying them (blue) vs. the same dollars on the same days in SPY (amber). Every position is opened at the close of the session after the filing became public — not on the day they traded, which nobody could have known at the time. Each position is sized from the middle of its disclosed range — filings give a band, not a number. Returns are time-weighted, so money paid in is stripped out and only performance is left. Each vertical line is a notable disclosed buy / sell, tagged with the company logo (their biggest, earliest and most recent trades). A dotted line / ° is an options trade: we buy that many dollars of the underlying stock, since the filing gives no strike or expiry — which understates the real leverage rather than overstating it.

Trades

	Ticker	Amount	Traded	Disclosed
BUY	WM WMFFX mutual fund	$1K–$15K	2025-12-19	2026-08-13	PDF →
BUY	TR TRAIX mutual fund	$1K–$15K	2025-12-12	2026-08-13	PDF →
BUY	VG VGIIX mutual fund	$1K–$15K	2025-12-12	2026-08-13	PDF →
BUY	WM WMFFX mutual fund	$1K–$15K	2025-06-12	2026-08-13	PDF →
BUY	AF AFDZX mutual fund	$1K–$15K	2025-05-30	2026-08-13	PDF →
SELL	DR DRISX mutual fund	$1K–$15K	2025-05-29	2026-08-13	PDF →
BUY	TM TMSL	$50K–$100K	2025-05-20	2026-08-13	PDF →
BUY	INVESCO QQQ ETF	$15K–$50K	2025-05-20	2026-08-13	PDF →
BUY	CA CALF	$15K–$50K	2025-05-20	2026-08-13	PDF →
SELL	PT PTLC	$50K–$100K	2025-05-20	2026-08-13	PDF →
BUY	SC SCHD	$1K–$15K	2025-05-20	2026-08-13	PDF →
SELL	PGIM Ultra Short Bond other	$15K–$50K	2025-05-20	2026-08-13	PDF →
BUY	CG CGGO	$15K–$50K	2025-04-07	2026-08-13	PDF →
BUY	CG CGGR	$50K–$100K	2025-04-07	2026-08-13	PDF →
BUY	CG CGCB	$50K–$100K	2025-04-07	2026-08-13	PDF →
SELL	International Growth & Income CL F2 other	$15K–$50K	2025-04-07	2026-08-13	PDF →
BUY	CAPITAL GROUP INTL EQUITY ETF	$50K–$100K	2025-04-07	2026-08-13	PDF →
BUY	TM TMSL	$15K–$50K	2025-04-07	2026-08-13	PDF →
BUY	INVESCO QQQ ETF	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	PJ PJFZX mutual fund	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	MFS INTL Growth CL I other	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	AN ANWFX mutual fund	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	PU PULS	$15K–$50K	2025-04-07	2026-08-13	PDF →
BUY	PT PTLC	$50K–$100K	2025-04-07	2026-08-13	PDF →
BUY	SC SCHD	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	VM VMFXX mutual fund	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	VB VBR	$15K–$50K	2025-04-07	2026-08-13	PDF →
SELL	HL HLGEX mutual fund	$50K–$100K	2025-04-07	2026-08-13	PDF →
BUY	PU PULS	$50K–$100K	2025-03-21	2026-08-13	PDF →
SELL	SM SMH	$15K–$50K	2025-03-21	2026-08-13	PDF →

Estimated current holdings

Every disclosed stock/ETF buy minus every disclosed sell, marked to today (Oct 29, 2026) — our best estimate of what Lummis still holds (options and bonds aren't counted). A recent tag means they've traded that name in the last 18 months, so it's more likely still current; the rest could have been sold in a filing we haven't matched.

Ticker		Est. value	Weight	Return on lots held	1st buy	Last trade
CG CGGR		$70K	30.2%	-0.8%	Aug 2026	Apr 2025
CA CALF	recent	$56K	24.0%	+1.7%	Aug 2026	May 2025
PU PULS		$43K	18.7%	+0.3%	Aug 2026	Apr 2025
SC SCHD	recent	$32K	13.8%	+2.5%	Aug 2026	May 2025
CG CGGO		$26K	11.0%	-6.8%	Aug 2026	Apr 2025
J J		$5K	2.3%	+40.8%	Oct 2021	Sep 2021

Filings 7 on file · every disclosure Lummis has made