Congress Long-Short (130/30)

What it tracks

Takes 130% long in stocks bought by Congress and 30% short in stocks sold; weights by disclosed amount; weekly rebalancing.

How it works

Build long and short baskets from Congress purchases and sales only after their public disclosure dates. Execute at the next eligible weekly rebalance, held on the first available trading session of each ISO week. Weight by disclosed amount-range midpoint and target 130% long / 30% short. Split-adjusted closes are used; dividends are excluded. The premium backtester applies configurable trading and short-borrow costs.