Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Bill Shuster (R-PA)
House · Republican (most recent term) · PA-9 · in Congress 2001–2019 · Bioguide ID S001154
Party history: R 2001–2019. 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 2001 | 2013 | $490,032 | $1,026,515 | $1,562,998 |
| (b) Latest net worth estimate | 2017 | $220,034 | $683,016 | $1,145,998 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2017 (4 years spanned) | 2013–2017 | −$1,342,964 | −$343,499 | +$655,966 |
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 |
|---|---|---|---|---|---|
| 2013 | $1,134,016 | $107,501 | $1,026,515 | $490,032 … $1,562,998 | computed |
| 2014 | $1,045,510 | $75,000 | $970,510 | $529,020 … $1,411,999 | computed |
| 2015 | $554,018 | $0 | $554,018 | $216,036 … $892,000 | computed |
| 2016 | $553,518 | $0 | $553,518 | $216,035 … $891,000 | computed |
| 2017 | $748,017 | $65,001 | $683,016 | $220,034 … $1,145,998 | 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.)-18.2%
Simple average of years-6.7%
Years estimated4
Best / worst single year2017 +41%
2015 -69%
2015 -69%
Reliability flags: few years (4); 1 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): -23.1% to -16.3%. 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 | $791,504 | $791,004 | $302 | $0 | $0 | -0.0% | -0.0% … +0.0% | -72% … +72% | 70% | counted |
| 2014→2015 | $1,029,509 | $336,010 | $12,204 | $24,002 | $0 | -68.5% | -76.5% … -65.0% | -129% … -8% | 98% | counted; single position drives the result (range jump) |
| 2015→2016 | $546,018 | $545,517 | $3,508 | $0 | $0 | +0.6% | +0.4% … +0.6% | -121% … +122% | 99% | counted |
| 2016→2017 | $375,510 | $521,010 | $1,502 | $0 | $8,000 | +41.3% | +39.4% … +48.1% | -94% … +176% | 68% | 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 |
|---|---|---|---|---|---|---|
| 2013 | 10001619 | House annual | 8/12/2014 | 35 | 0 | 10001619.pdfdfa2843cf59951141e8e77bce5cacb4ee333349cb6dc30df4d30ee947fae445b |
| 2014 | 10006206 | House annual | 7/24/2015 | 21 | 0 | 10006206.pdf96bce1d55b5f6a3c2f644ea153e7f68784a34027347eff4ddb27523e3e1ff61c |
| 2015 | 10010712 | House annual | 8/12/2016 | 36 | 0 | 10010712.pdfcf49ac75f806a50da5ea9b3f038f7031d689b21388865c2c8d15bc6a506dff80 |
| 2016 | 10019192 | House amendment | 10/24/2017 | 36 | 0 | 10019192.pdf601e16b5995a162349e55380290b4e05bdf3a020a32dd50f208a435c5751ca56 |
| 2017 | 10022165 | House annual | 8/13/2018 | 35 | 0 | 10022165.pdf3f5161ebebddd9d173163978ab1800bd14a7b139c9b1a19389fd55c014486d80 |
Largest movers 2014→2015
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Congressional Federal Credit Union | — | held | $500,001 - $1,000,000 | $1,001 - $15,000 | $0 | $0 |
| M&T Bank #2383 | JT | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Large Cap Growth Fund | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt ⇒ Blackrock Global | — | new | — | $1,001 - $15,000 | $8,000 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Core Fixed Income Fund | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Genesis Drilling Program IV MLP | — | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| M&T Bank #1037 | DC | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Small Cap Value Fund | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2015→2016
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| SFS LLC Private Wealth Mgmt ⇒ Brokerage Money Market | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt ⇒ Income Fund of America | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| M&T Bank #8361 | JT | held | $1,001 - $15,000 | None | $0 | $0 |
| M&T Bank #9749 | JT | held | $1 - $1,000 | $1,001 - $15,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt ⇒ PIMCO | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt 2 ⇒ Sharespost | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt ⇒ Blackrock Global | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Large Cap Growth Fund | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2016→2017
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Genesis Drilling Program IV MLP [OL] | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Large Cap Growth Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Core Fixed Income Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Small Cap Value Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI Large Cap Value Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| SFS LLC Private Wealth Mgmt ⇒ Capital Income [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI International Equity Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WS IRA Stonebridge Capital Management ⇒ SEI International Fixed Fund [MF] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $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).