Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. William R. Keating (D-MA)
House · Democrat (most recent term) · MA-9 · in Congress 2011–present · Bioguide ID K000375
Party history: D 2011–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 at the earliest available report (2017); the member entered office earlier, in 2011 | 2017 | $1,474,038 | $2,718,018 | $3,961,999 |
| (b) Latest net worth estimate | 2025 | $1,753,104 | $3,437,052 | $5,121,000 |
| (c) Estimated gain / loss, nominal dollars, 2017 → 2025 (8 years spanned) | 2017–2025 | −$2,208,895 | +$719,034 | +$3,646,962 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): 2017: 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket. 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 |
|---|---|---|---|---|---|
| 2017 | $2,893,019 | $175,000 | $2,718,018 | $1,474,038 … $3,961,999 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2018 | $2,940,021 | $175,000 | $2,765,020 | $1,458,042 … $4,071,999 | computed |
| 2019 | $2,635,520 | $175,000 | $2,460,519 | $1,245,039 … $3,675,999 | computed |
| 2020 | $2,432,520 | $0 | $2,432,520 | $1,354,039 … $3,511,000 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2021 | $3,113,045 | $0 | $3,113,045 | $1,578,090 … $4,648,000 | computed |
| 2022 | $18,053,544 | $0 | $18,053,544 | $6,555,089 … $29,552,000 | computed |
| 2023 | $18,179,042 | $0 | $18,179,042 | $6,666,085 … $29,692,000 | computed |
| 2024 | $3,378,045 | $0 | $3,378,045 | $1,755,090 … $5,001,000 | computed; 2 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2025 | $3,437,052 | $0 | $3,437,052 | $1,753,104 … $5,121,000 | 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.)-15.3%
Simple average of years-0.2%
Years estimated6
Best / worst single year2020 +29%
2024 -82%
2024 -82%
Reliability flags: 1 year(s) driven by income/one position/range artefact; 4 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): -20.0% to -13.1%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2017→2018 | $2,310,516 | $2,401,517 | $568,454 | $273,503 | $175,000 | +24.3% | +7.0% … +31.5% | -87% … +136% | 82% | counted |
| 2018→2019 | $2,774,019 | $2,528,018 | $568,454 | $150,001 | $113,502 | +10.3% | -7.4% … +17.5% | -92% … +113% | 94% | counted |
| 2019→2020 | $2,087,516 | $2,120,016 | $569,654 | $75,000 | $72,503 | +28.7% | +8.2% … +36.7% | -86% … +144% | 79% | counted |
| 2020→2021 | $762,007 | $1,860,024 | $557,852 | $1,171,030 | $584,507 | +140.3% | +113.5% … +150.8% | -203% … +484% | 32% | excluded; not eligible: traced coverage 32% < 60%; high turnover (buys+sells > 100% of opening value); many new/exited positions |
| 2021→2022 | $2,714,531 | $2,588,530 | $571,507 | $105,502 | $40,501 | +14.0% | +0.6% … +18.8% | -98% … +127% | 87% | counted |
| 2022→2023 | $17,526,038 | $17,788,041 | $572,056 | $285,506 | $150,001 | +4.0% | +3.5% … +4.1% | -129% … +137% | 97% | counted |
| 2023→2024 | $17,276,035 | $2,852,538 | $565,354 | $467,006 | $107,501 | -82.3% | -83.5% … -76.5% | -159% … -6% | 95% | counted; single position drives the result (range jump) |
| 2024→2025 | $0 | $594,508 | $24,553 | $478,508 | $175,000 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000; many new/exited positions |
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 |
|---|---|---|---|---|---|---|
| 2017 | 10020930 | House annual | 5/4/2018 | 38 | 1 | 10020930.pdf936a713344eb86bc6e55d2e7eed8ffbe7ed063b02a6e9a7df2364489045bb5f0 |
| 2018 | 10026485 | House annual | 5/9/2019 | 42 | 0 | 10026485.pdf80df533c9e778d010c0d859f26635571537dbcae2037546553c0bf4cb619bf08 |
| 2019 | 10035283 | House annual | 5/15/2020 | 39 | 0 | 10035283.pdfe836d22caf3763b688fb53ccb89be70d49c30c0b87b824f38c2c2f2b311134c4 |
| 2020 | 10041564 | House annual | 8/4/2021 | 39 | 1 | 10041564.pdfa7bc9f7e73d9ad8d6626b7e48305b9020b148287ad90804d63d446c1c7736101 |
| 2021 | 10050437 | House amendment | 9/26/2022 | 90 | 0 | 10050437.pdf73bb8d9363bb1849b19eb030059ef649871196e4b0ab7e189693351bdc45d9d5 |
| 2022 | 10053842 | House annual | 6/7/2023 | 89 | 0 | 10053842.pdf311fd4f4ed3cb9b8c9a3e117d908a2b14afd669fc974161d75750f118e1be9e9 |
| 2023 | 10059951 | House annual | 5/15/2024 | 86 | 0 | 10059951.pdfd570bf729b8c782dec74518a6f90fac0a97a38a73fd31df26050adaeea197432 |
| 2024 | 10066140 | House annual | 5/15/2025 | 90 | 2 | 10066140.pdf13c8aae4dde29f5765ce597c984fcaa531062949ab55c1b374cdb7931af42951 |
| 2025 | 10078334 | House annual | 7/14/2026 | 114 | 0 | 10078334.pdf902ec8309bac820ca0e94f5bac6062ee912abd8a30a4ef02c7588914881de9d7 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| BLACKROCK EVENT DRIVEN EQUITY [MF] | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| ECOFIN GLOBAL RENEWABLES [MF] | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| SCHWAB STRATEGIC TR INTERNATIONAL [MF] | — | exited | $1,001 - $15,000 | — | $65,001 | $32,500 |
| Baird aggregate bond Inst [MF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| VANGUARD INTERNATIONAL EQUITY INDEX [MF] | — | exited | $15,001 - $50,000 | — | $0 | $8,000 |
| TRANS AMERICA MID CAP [MF] | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $8,000 | $0 |
| BENTON DICKINSON [AB] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| VANGUARD INT TAX EXCEMPT [MF] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| 271 CANTON ST. [RP] | JT | held | $100,001 - $250,000 | None | $0 | $0 |
| Baird aggregate bond Inst [MF] | SP | held | $15,001 - $50,000 | $100,001 - $250,000 | $0 | $0 |
| Bill's IRA ⇒ AMERICAN EURO PACIFIC [MF] | — | held | $100,001 - $250,000 | $15,001 - $50,000 | $0 | $0 |
| Stone Ridge High Yield Reinsurance Risk Premium Fd Cl I (SHRIX) [MF] | — | new | — | $15,001 - $50,000 | $73,002 | $150,001 |
| SPDR Series Trust SPDR Portfolio S&P 500 Value ETF (SPYV) [EF] | — | new | — | $100,001 - $250,000 | $75,000 | $0 |
| ISHARES S&P 500 VALUE INDEX [MF] | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Neuberger Berman Long Short Fd Instl Cl (NLSIX) [MF] | — | new | — | $15,001 - $50,000 | $73,002 | $0 |
| Pepsico, Inc. (PEP) [ST] | — | held | $1 - $1,000 | $15,001 - $50,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Comcast Corporation - Class A (CMCSA) [ST] | — | held | $5,000,001 - $25,000,000 | $1,001 - $15,000 | $0 | $0 |
| FIDELITYCASH RESERVES [MF] | — | held | $15,001 - $50,000 | $100,001 - $250,000 | $0 | $0 |
| FIDELITY 500 IND [MF] | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| BLACKROCK STRAT INC OPP [MF] | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| FIDELITY CONTRA FUND [MF] | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| SPDR Series Trust SPDR Portfolio S&P 500 Value ETF (SPYV) [EF] | — | exited | $100,001 - $250,000 | — | $0 | $75,000 |
| FIDELITY ADVISOR INTL SMALL CAP [MF] | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Bill's IRA ⇒ AMERICAN EURO PACIFIC [MF] | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $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).