Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Lamar Smith (R-TX)
House · Republican (most recent term) · TX-21 · in Congress 1987–2019 · Bioguide ID S000583
Party history: R 1987–2019. 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 1987 | 2013 | $2,413,072 | $4,254,036 | $6,095,000 |
| (b) Latest net worth estimate | 2017 | $2,908,076 | $4,926,538 | $6,945,000 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2017 (4 years spanned) | 2013–2017 | −$3,186,924 | +$672,502 | +$4,531,928 |
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 |
|---|---|---|---|---|---|
| 2013 | $4,254,036 | $0 | $4,254,036 | $2,413,072 … $6,095,000 | computed |
| 2014 | $4,594,541 | $0 | $4,594,541 | $2,629,082 … $6,560,000 | computed |
| 2015 | $5,055,538 | $0 | $5,055,538 | $3,035,075 … $7,076,000 | computed |
| 2016 | $5,029,036 | $0 | $5,029,036 | $3,013,073 … $7,045,000 | computed |
| 2017 | $4,926,538 | $0 | $4,926,538 | $2,908,076 … $6,945,000 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
- 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.)+6.0%
Simple average of years+6.2%
Years estimated4
Best / worst single year2015 +13%
2017 -3%
2017 -3%
Reliability flags: few years (4); 1 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +7.9% to +5.2%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2013→2014 | $4,181,034 | $4,415,534 | $181,460 | $192,012 | $288,018 | +12.2% | +11.8% … +12.4% | -87% … +112% | 98% | counted |
| 2014→2015 | $4,562,539 | $4,919,529 | $217,510 | $168,010 | $200,012 | +13.3% | +10.8% … +19.6% | -80% … +107% | 99% | counted |
| 2015→2016 | $4,798,534 | $4,774,530 | $130,364 | $216,014 | $248,016 | +2.9% | +2.6% … +3.0% | -86% … +92% | 95% | counted |
| 2016→2017 | $3,247,032 | $3,139,530 | $51,115 | $248,016 | $192,012 | -3.5% | -4.3% … -1.3% | -100% … +93% | 65% | 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 |
|---|---|---|---|---|---|---|
| 2013 | 10004627 | House amendment | 12/3/2014 | 143 | 0 | 10004627.pdfcad19c5823186108cce62307ad571ee2941b25e149265efb77d0fe510a084e2e |
| 2014 | 10005369 | House annual | 6/12/2015 | 98 | 0 | 10005369.pdfd8e7cab526fa9bd10c75ae2fe9f872f216fe2d14bf5f28a45ddbabcc42354cfa |
| 2015 | 10010479 | House annual | 8/12/2016 | 106 | 0 | 10010479.pdf41932e3a697cc6c3f6abe2a7db71749d66cff345399cc6b01c1ecf99bccfe0e1 |
| 2016 | 10016119 | House annual | 6/14/2017 | 97 | 0 | 10016119.pdff23b54e4482b97dab3bbcd7b012ceaf44299e23a35d16e12a552c3595af58526 |
| 2017 | 10020468 | House annual | 8/13/2018 | 96 | 1 | 10020468.pdfb8eec5e71fc466584ac697d8de25c2c0448ac03d61001194b4dfe4f0ac19be65 |
Largest movers 2014→2015
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| 12 STONEHOLM, BOSTON, Ma | SP | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| CONGRESSIONaL FEDERaL CREDIT UNION | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| FROST BaNK | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ COLUMBIa aCORN FUND Z | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ amazon.com, Inc. (aMZN) | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $8,000 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ INVESCO EQUaLLY WEIGHTED S&P 500 FUND | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $16,001 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ The Priceline Group Inc. (PCLN) | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Precision Castparts Corporation (PCP) | — | held | $1,001 - $15,000 | None | $0 | $24,002 |
Largest movers 2015→2016
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| CONGRESSIONaL FEDERaL CREDIT UNION | — | held | $250,001 - $500,000 | $100,001 - $250,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ INVESCO EQUaLLY WEIGHTED S&P 500 FUND | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $8,000 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Verisk analytics, Inc. - Class a (VRSK) | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ alphabet Inc. - Class a (GOOGL) | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ amazon.com, Inc. (aMZN) | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $8,000 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Equifax, Inc. (EFX) | — | held | $1,001 - $15,000 | None | $0 | $24,002 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Mead Johnson Nutrition Company (MJN) | — | held | None | $1,001 - $15,000 | $24,002 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ affiliated Managers Group, Inc. (aMG) | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $8,000 |
Largest movers 2016→2017
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ NUVEEN NWQ MILTI CaP [MF] | — | held | $100,001 - $250,000 | None | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ | — | exited | $15,001 - $50,000 | — | $24,002 | $8,000 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ VaNQUaRD TOTaL STK MKT EFT aCTUaL FUND [MF] | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ amazon.com, Inc. (aMZN) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $8,000 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Facebook, Inc. - Class a (FB) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Verisk analytics, Inc. - Class a (VRSK) [ST] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ Mastercard Incorporated (Ma) [ST] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| MERRILL LYNCH INVESTMENT aCCOUNTS ⇒ adobe Systems Incorporated (aDBE) [ST] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
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).