Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Laura Friedman (D-CA)
House · Democrat (most recent term) · CA-30 · in Congress 2025–present · Bioguide ID F000483
Party history: D 2025–present. 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 before entering office (report year 2023) | 2023 | $420,052 | $974,526 | $1,529,000 |
| (b) Latest net worth estimate | 2025 | $463,045 | $1,279,022 | $2,094,999 |
| (c) Estimated gain / loss, nominal dollars, 2023 → 2025 (2 years spanned) | 2023–2025 | −$1,065,955 | +$304,496 | +$1,674,947 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): short span (2 yr). Not in the recommended dollar-gain ranking (shown only in the full list).
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2023 | $974,526 | $0 | $974,526 | $420,052 … $1,529,000 | computed |
| 2024 | $1,087,024 | $0 | $1,087,024 | $489,047 … $1,685,000 | computed |
| 2025 | $1,454,022 | $175,000 | $1,279,022 | $463,045 … $2,094,999 | 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.
Limited data – not ranked. Only 2 comparable year-pair(s) could be computed (minimum 3 to rank). 3 annual filing(s) were usable (text-readable, validated OCR, or validated X-mark decoding) and 0 scanned/image-only filing(s) could not be used (older layouts failing validation, small amendments not integrated). See the method-per-year section below.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023→2024 | $606,514 | $696,514 | $201 | $0 | $0 | +14.9% | +13.2% … +20.6% | -103% … +132% | 62% | counted |
| 2024→2025 | $1,022,521 | $1,238,521 | $16,906 | $80,005 | $8,000 | +15.7% | +12.4% … +26.8% | -109% … +141% | 94% | 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 |
|---|---|---|---|---|---|---|
| 2023 | 10076306 | House amendment | 5/5/2026 | 52 | 0 | 10076306.pdfb07104324541eb0f5f4ff6076b1f1cafd15617fc7b934bac5a626bcf016a673e |
| 2024 | 10076422 | House amendment | 5/5/2026 | 48 | 0 | 10076422.pdfb60de7af4ab0864d10ee99dcaa79ac431162e6227fc0ca5acc01b8a88a4629ef |
| 2025 | 10076263 | House annual | 5/5/2026 | 47 | 0 | 10076263.pdfa9b75861182e3cf4fd6ff6003c04d283a0665d534bdbc6b598cb983cc57c7528 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Fidelity Brokerage Services, LLC ⇒ | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Alphabet Inc. - Class C Capital Stock (GOOG) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Amgen Inc. (AMGN) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Morgan Stanley SAR-SEP IRA ⇒ Morgan Stanley Bank Account [BA] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Qualtrics International Inc. - Class A (XM) [ST] | — | held | $1,001 - $15,000 | None | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Ford Motor Company (F) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Hologic, Inc. (HOLX) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Royal Bank Of Canada (RY) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Fidelity Roth IRA ⇒ Apple Inc. (AAPL) [ST] | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Morgan Stanley SAR-SEP IRA ⇒ Morgan Stanley Bank Account [BA] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Fidelity Brokerage Services, LLC ⇒ Royal Bank Of Canada (RY) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Morgan Stanley Roth IRA ⇒ American Mutual Fund Class A Shares (AMRMX) [MF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Fidelity Roth IRA ⇒ Washington Mutual Invs Fd Cl A Shs (AWSHX) [MF] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $16,001 | $0 |
| Fidelity Roth IRA ⇒ Fidelity Worldwide Fund (FWWFX) [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $16,001 | $0 |
| Morgan Stanley SAR-SEP IRA ⇒ Invesco American Franchise Fund Class A (VAFAX) [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $8,000 | $0 |
| Fidelity Traditional IRA ⇒ Fidelity Worldwide Fund (FWWFX) [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $8,000 | $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).