Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Julia Letlow (R-LA)
House · Republican (most recent term) · LA-5 · in Congress 2021–present · Bioguide ID L000595
Party history: R 2021–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 2020) | 2020 | −$510,961 | −$95,482 | $319,998 |
| (b) Latest net worth estimate | 2025 | $88,171 | $1,442,085 | $2,795,999 |
| (c) Estimated gain / loss, nominal dollars, 2020 → 2025 (5 years spanned) | 2020–2025 | −$231,827 | +$1,537,566 | +$3,306,960 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
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 |
|---|---|---|---|---|---|
| 2020 | $312,020 | $407,501 | −$95,482 | −$510,961 … $319,998 | computed |
| 2021 | $312,520 | $407,501 | −$94,981 | −$510,960 … $320,998 | computed |
| 2022 | $927,540 | $375,000 | $552,540 | −$244,920 … $1,349,999 | computed |
| 2023 | $1,016,542 | $175,000 | $841,542 | $38,085 … $1,644,999 | computed |
| 2024 | $1,429,578 | $175,000 | $1,254,577 | $24,155 … $2,484,999 | computed |
| 2025 | $1,617,086 | $175,000 | $1,442,085 | $88,171 … $2,795,999 | 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.
Avg. annual change (geometric, est.)+2.2%
Simple average of years+2.2%
Years estimated4
Best / worst single year2025 +5%
2024 -1%
2024 -1%
Reliability flags: few years (4); 2/4 years trading-dominated.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +8.5% to +1.0%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020→2021 | $288,018 | $288,018 | $0 | $0 | $0 | +0.0% | +0.0% … +0.0% | -175% … +175% | 92% | counted |
| 2021→2022 | $24,002 | $396,012 | $4,804 | $641,536 | $40,002 | -936.3% | -1060.0% … +917.9% | -4464% … +2591% | 8% | excluded; not eligible: traced prior-year value below $50,000; high turnover (buys+sells > 100% of opening value); many new/exited positions |
| 2022→2023 | $847,036 | $920,038 | $10,656 | $216,512 | $176,510 | +5.2% | +3.9% … +13.2% | -183% … +194% | 91% | counted |
| 2023→2024 | $952,040 | $1,325,072 | $6,005 | $1,505,568 | $1,112,526 | -1.5% | -5.5% … +23.0% | -370% … +367% | 94% | counted; high turnover (buys+sells > 100% of opening value); many new/exited positions |
| 2024→2025 | $1,341,572 | $1,464,578 | $6,606 | $667,038 | $608,038 | +5.3% | -0.3% … +5.9% | -242% … +252% | 94% | counted; 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 |
|---|---|---|---|---|---|---|
| 2020 | 10073024 | House amendment | 1/13/2026 | 40 | 0 | 10073024.pdf789b875b00eb42759b5492b8ebd8dd912a0d41a50d81a0bc9872b504a1d827d9 |
| 2021 | 10073026 | House amendment | 1/13/2026 | 41 | 0 | 10073026.pdffe9d07ca4ec861b394a19697a857101482a90974b18efde8b5fc01bce84d9ccc |
| 2022 | 10072973 | House amendment | 1/13/2026 | 81 | 0 | 10072973.pdf7f3d16014e381abdcf5e6adefbd6df3b1f5268885863d2061c94bf573aacf741 |
| 2023 | 10072807 | House amendment | 1/13/2026 | 87 | 0 | 10072807.pdfeeda1da7d3db7b70a59260285c0bc57885bc83fc702a089d2ccc8737df7132e0 |
| 2024 | 10077160 | House amendment | 8/13/2026 | 168 | 0 | 10077160.pdf626e6d934610ea9bc1057109b12d956865c622fedc76fbb9c2f8d463d841568b |
| 2025 | 10076014 | House annual | 8/13/2026 | 180 | 0 | 10076014.pdf882a69095d49a99e4df4688dcebdaeefd886836d0dd9825cc1413afaf4513f6b |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Merrill Lynch Investment Account #025 ⇒ iShares Russell 1000 Growth ETF (IWF) [EF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $8,000 |
| Merrill Lynch Investment Account #025 ⇒ Vanguard Mortgage-Backed Securities ETF (VMBS) [EF | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Merrill Lynch Investment Account #025 ⇒ iShares Core MSCI International Developed Markets | — | new | — | $15,001 - $50,000 | $8,000 | $0 |
| Merrill Lynch Investment Account #025 ⇒ DoubleLine Total Return Bond Fund Class I (DBLTX) | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $24,002 | $0 |
| Merrill Lynch Investment Account #025 ⇒ PIMCO International Bond Fund (PFBPX) [MF] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $24,002 | $0 |
| Merrill Lynch Investment Account #025 ⇒ Vanguard Intermediate-Term Corporate Bond ETF (VCI | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $8,000 | $16,001 |
| Merrill Lynch Roth IRA #324 ⇒ Vanguard Intermediate-Term Corporate Bond ETF (VCIT) [EF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
| Merrill Lynch IRA #822 ⇒ Vanguard Intermediate-Term Corporate Bond ETF (VCIT) [EF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Merrill Lynch Investment Account #025 ⇒ iShares U.S. Treasury Bond ETF (GOVT) [EF] | — | exited | $15,001 - $50,000 | — | $8,000 | $75,000 |
| Merrill Lynch Investment Account #025 ⇒ Microsoft Corporation - Common Stock (MSFT) [ST] | — | new | — | $15,001 - $50,000 | $16,001 | $0 |
| Merrill Lynch Roth IRA #324 ⇒ iShares U.S. Treasury Bond ETF (GOVT) [EF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $8,000 | $0 |
| Merrill Lynch Investment Account #025 ⇒ PIMCO International Bond Fund (PFBPX) [MF] | — | exited | $15,001 - $50,000 | — | $16,001 | $32,500 |
| Merrill Lynch Investment Account #025 ⇒ | — | new | — | $1,001 - $15,000; $1,001 - $15,000 | $8,000 | $8,000 |
| Merrill Lynch Investment Account #025 ⇒ Schwab U.S. Small-Cap ETF (SCHA) [EF] | — | held | $1,001 - $15,000 | None | $16,001 | $32,500 |
| Merrill Lynch Investment Account #025 ⇒ Broadcom Inc. - Common Stock (AVGO) [ST] | — | new | — | $1,001 - $15,000 | $8,000 | $8,000 |
| Merrill Lynch Investment Account #025 ⇒ DoubleLine Total Return Bond Fund Class I (DBLTX) | — | exited | $15,001 - $50,000 | — | $8,000 | $32,500 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Merrill Lynch Roth IRA #324 ⇒ iShares U.S. Treasury Bond ETF (GOVT) [EF] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $8,000 | $8,000 |
| Merrill Lynch Investment Account #025 ⇒ Alphabet Inc. - Class A Common Stock (GOOGL) [ST] | — | new | — | $15,001 - $50,000 | $8,000 | $0 |
| Merrill Lynch Cash Managed Account #948 ⇒ Bank of America, NA [BA] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Merrill Lynch IRA #822 ⇒ Vanguard Russell 1000 Growth ETF (VONG) [EF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $16,001 | $0 |
| Merrill Lynch Investment Account #025 ⇒ Taiwan Semiconductor Manufacturing Company Ltd. (T | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
| Merrill Lynch Roth IRA #324 ⇒ Vanguard Russell 1000 Growth ETF (VONG) [EF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $16,001 | $0 |
| Merrill Lynch Investment Account #821 ⇒ Goldman Sachs GQG Partners International Opportuni | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $8,000 |
| Merrill Lynch Roth IRA #324 ⇒ | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $8,000 |
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).