Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Susan A. Davis (D-CA)
House · Democrat (most recent term) · CA-53 · in Congress 2001–2021 · Bioguide ID D000598
Party history: D 2001–2021. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth at the earliest available report (2013); the member entered office earlier, in 2001 | 2013 | $354,041 | $1,607,020 | $2,859,998 |
| (b) Latest net worth estimate | 2019 | $955,048 | $2,565,023 | $4,174,998 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2019 (6 years spanned) | 2013–2019 | −$1,904,950 | +$958,004 | +$3,820,957 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Note: earlier annual report(s) for 2012 exist but could not be used for net worth (scanned/not computable), so the 'earliest' figure is the earliest computable one.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2012 | not available | validated OCR of a scanned filing: Schedule A is usable, but Schedule D (liabilities) is not parsed from scanned filings, so net worth is not computed | |||
| 2013 | $2,357,020 | $750,001 | $1,607,020 | $354,041 … $2,859,998 | computed |
| 2014 | $2,791,522 | $750,001 | $2,041,521 | $688,044 … $3,394,998 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2015 | $2,790,526 | $750,001 | $2,040,524 | $591,051 … $3,489,998 | computed |
| 2016 | $2,841,022 | $750,001 | $2,091,022 | $677,045 … $3,504,998 | computed |
| 2017 | $3,160,022 | $750,001 | $2,410,022 | $895,045 … $3,924,998 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2018 | $2,817,021 | $750,001 | $2,067,020 | $674,042 … $3,459,998 | computed |
| 2019 | $3,315,024 | $750,001 | $2,565,023 | $955,048 … $4,174,998 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+0.4%
Simple average of years+0.8%
Years estimated7
Best / worst single year2019 +10%
2018 -16%
2018 -16%
Reliability flags: OCR-derived: 1/7 year(s) use validated OCR of scanned filings; 2 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +1.3% to +0.1%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2012→2013 | $2,119,022 | $2,174,519 | $12,108 | $32,500 | $73,002 | +5.1% | +4.9% … +5.7% | -86% … +96% | 88% | counted; OCR-derived (scanned filing; validated, see method) - years 2012 |
| 2013→2014 | $2,107,020 | $2,084,019 | $8,354 | $310,504 | $288,004 | -1.8% | -3.4% … +2.4% | -99% … +95% | 89% | counted |
| 2014→2015 | $2,459,020 | $2,314,019 | $19,556 | $24,002 | $32,500 | -4.8% | -8.0% … -3.4% | -87% … +77% | 91% | counted |
| 2015→2016 | $2,683,024 | $2,691,022 | $24,556 | $170,004 | $251,505 | +4.3% | +3.2% … +6.9% | -90% … +99% | 96% | counted |
| 2016→2017 | $2,658,521 | $2,845,020 | $45,506 | $204,504 | $194,504 | +8.4% | +7.7% … +9.8% | -85% … +101% | 94% | counted |
| 2017→2018 | $2,902,520 | $2,386,518 | $48,156 | $8,000 | $8,000 | -16.1% | -16.2% … -16.1% | -91% … +59% | 94% | counted |
| 2018→2019 | $2,742,020 | $3,209,522 | $47,553 | $237,503 | $8,000 | +10.4% | +10.0% … +11.3% | -83% … +104% | 97% | counted |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2012 | 8212032 | House annual [OCR-derived] | 5/15/2013 | 63 | 0 | 8212032.pdfdd40fcfa8d330af1199bea2378ae4e6df069576508fb0bbade4b18d7fb2fe151 |
| 2013 | 10001443 | House annual | 5/15/2014 | 50 | 0 | 10001443.pdf8c38596b1a262f5ab147cda8f2143c8ad3a39432d307ac92c8feef6c3f470db0 |
| 2014 | 10012310 | House amendment | 5/19/2016 | 51 | 1 | 10012310.pdfc22b7f1d4b2ef594c5f20ffbb6324330aa1f7fc105d85bc0b3b6f1fabf335e85 |
| 2015 | 10012620 | House amendment | 5/27/2016 | 53 | 0 | 10012620.pdf27c69b34385e0eac073492373416de17ecb3e1515fa7c345af148945361d42a3 |
| 2016 | 10015296 | House annual | 5/8/2017 | 55 | 0 | 10015296.pdf5801565a246bcf9fdc50f940b3e64b7c6106c33ff7dd1baddbe7f0bf66c88c96 |
| 2017 | 10021735 | House annual | 5/11/2018 | 53 | 1 | 10021735.pdfeac23ce729e56ecb816723bdcd704785e251c6321a283ba6bfb260311c26daf3 |
| 2018 | 10026210 | House annual | 5/15/2019 | 50 | 0 | 10026210.pdfa7b9408ff6577dcbeef4575d6a963cd7032244b3d40584f147b334967177b6a0 |
| 2019 | 10035321 | House annual | 8/7/2020 | 53 | 0 | 10035321.pdf012bc06249bb2b403a7ea678884f01031e3889868284ef5826cd717d0d1b534c |
Largest movers 2016→2017
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| EmersonEquity Money Market [BA] | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Lord Abbett Short Duration Income FD [MF] | SP | held | $15,001 - $50,000; $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Vanguard 500 Index Fd [MF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Powershares Exchange Traded FD [EF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Southwest Airlines Company (LUV) [ST] | JT | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Franklin K2 Alternative [MF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $8,000 | $0 |
| Powershares Exchange- Traded Fd - TR Dynamic Bldg & Constr Portfolio [EF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $32,500 |
| Indexiq ETF TR IQ Hedge Multi-Strategy [EF] | — | held | $15,001 - $50,000 | None | $0 | $0 |
Largest movers 2017→2018
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Harding Loevner Emerging Markets Portfolio Advisor [MF] | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Pimco Low Duration Fd [MF] | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| AC Alternatives Market Neutral (ACVVX) [MF] | SP | held | $50,001 - $100,000 | None | $0 | $0 |
| Vanguard Energy Fund [MF] | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Vanguard 500 Index Fd [MF] | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Southwest Airlines Company (LUV) [ST] | JT | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| HCP, Inc. (HCP) [ST] | SP | held | $15,001 - $50,000 | None | $0 | $0 |
| iShares TR iShares Currency Hedged MSCI EAFE ETF [EF] | SP | held | $15,001 - $50,000 | None | $0 | $0 |
Largest movers 2018→2019
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Harding Loevner Emerging Markets Portfolio Advisor [MF] | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| EmersonEquity Money Market [BA] | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Costco Wholesale Corporation (COST) [ST] | JT | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Fidelity Contrafund [MF] | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| EmersonEquity Money Market [BA] | JT | held | $50,001 - $100,000 | $1,001 - $15,000 | $0 | $0 |
| Fortinet, Inc. (FTNT) [ST] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Neuberger Berman Large Cap Value FD Cl A (NPNAX) [MF] | SP | new | — | $50,001 - $100,000 | $32,500 | $0 |
| MFS New Discovery Value Fund Cl 1 (NDVIX) [MF] | SP | new | — | $50,001 - $100,000 | $32,500 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).