Case file · May 2, 2023
Rep. Michael McCaul sold $BURL
What Happened Next
$BURL vs the S&P 500 from the trade date. A sale has an edge when the stock lags the market afterwards.
$BURL · 30 days
−22.6%
S&P 500, same days
+2.7% +25.2 pts edge
$BURL · 90 days
−4.7%
S&P 500, same days
+11.8% +16.5 pts edge
$BURL · 180 days
−36.2%
S&P 500, same days
+1.9% +38.1 pts edge
Return
−40%−20%0+20%+40%
The Paper Trail
- $BURL moved −4.7% in the 90 days after the sale, vs +11.8% for the S&P 500 — a 16.5-point edge
- Disclosed 51 days after the sale — 6 days past the 45-day STOCK Act deadline
- Filed as a child's trade
- Trade date
- May 2, 2023
- Disclosed
- Jun 23, 2023 (51 days)
- Shuffle Score
- 7/100
- Filing
- Not linked
Michael McCaul's History in $BURL
| Date | Type | Amount | Owner |
|---|---|---|---|
| May 2, 2023 | Sell | $15,001 - $50,000 | Spouse |
| May 2, 2023 | Sell | $15,001 - $50,000 | Child |
| Jun 5, 2023 | Sell | $100,001 - $250,000 | Spouse |
| Jun 5, 2023 | Sell | $50,001 - $100,000 | Child |
Returns use split- and dividend-adjusted closes. Disclosures report ranges, not exact amounts. A well-timed trade is not evidence of wrongdoing. Methodology · Disclaimer