Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Lori Trahan (D-MA)
House · Democrat (most recent term) · MA-3 · in Congress 2019–present · Bioguide ID T000482
Party history: D 2019–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 2017) | 2017 | −$11,483,972 | −$428,995 | $10,625,982 |
| (b) Latest net worth estimate | 2025 | −$7,105,969 | $20,902,009 | $48,909,987 |
| (c) Estimated gain / loss, nominal dollars, 2017 → 2025 (8 years spanned) | 2017–2025 | −$17,731,951 | +$21,331,004 | +$60,393,959 |
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 | $10,078,514 | $10,507,509 | −$428,995 | −$11,483,972 … $10,625,982 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2018 | $10,127,514 | $10,332,508 | −$204,994 | −$11,205,972 … $10,795,983 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2019 | $17,562,012 | $6,900,008 | $10,662,004 | −$2,685,976 … $24,009,985 | computed |
| 2020 | $16,694,512 | $9,375,007 | $7,319,505 | −$7,506,976 … $22,145,986 | computed |
| 2021 | $18,561,015 | $7,150,006 | $11,411,009 | −$2,307,970 … $25,129,988 | computed |
| 2022 | $29,741,516 | $7,750,008 | $21,991,508 | $238,031 … $43,744,984 | computed |
| 2023 | $30,510,016 | $8,090,007 | $22,420,009 | $345,032 … $44,494,986 | computed |
| 2024 | $33,810,016 | $9,965,006 | $23,845,010 | −$1,954,968 … $49,644,987 | computed |
| 2025 | $34,177,016 | $13,275,006 | $20,902,009 | −$7,105,969 … $48,909,987 | 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.)+23.6%
Simple average of years+25.0%
Years estimated7
Best / worst single year2022 +62%
2023 +0%
2023 +0%
Reliability flags: 1 year(s) driven by income/one position/range artefact; 2 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +12.9% to +26.5%. 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 | $9,320,513 | $9,345,013 | $1,770,555 | $0 | $0 | +19.3% | +9.4% … +22.1% | -108% … +146% | 100% | counted |
| 2018→2019 | $150,001 | $183,001 | $600 | $0 | $0 | +22.4% | +1.2% … +33.0% | -66% … +111% | 2% | excluded; not eligible: traced coverage 2% < 60% |
| 2019→2020 | $10,604,510 | $12,121,508 | $1,790,804 | $0 | $758,001 | +38.3% | +17.9% … +44.6% | -97% … +174% | 60% | counted |
| 2020→2021 | $13,246,009 | $14,028,512 | $4,812,504 | $1,477,008 | $0 | +31.1% | +16.0% … +35.3% | -114% … +177% | 79% | counted; many new/exited positions |
| 2021→2022 | $17,628,013 | $25,633,513 | $2,914,355 | $8,000 | $32,500 | +62.1% | +38.2% … +68.7% | -97% … +221% | 95% | counted; single position drives the result (range jump) |
| 2022→2023 | $28,311,010 | $25,454,009 | $2,869,855 | $0 | $0 | +0.0% | -2.9% … +0.7% | -125% … +125% | 95% | counted |
| 2023→2024 | $26,919,514 | $30,219,514 | $3,311,754 | $3,294,006 | $0 | +12.3% | +6.1% … +13.9% | -133% … +158% | 88% | counted |
| 2024→2025 | $33,060,016 | $34,177,016 | $2,821,706 | $0 | $0 | +11.9% | +9.9% … +12.4% | -118% … +142% | 98% | 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 |
|---|---|---|---|---|---|---|
| 2017 | 10025367 | House amendment | 3/21/2019 | 28 | 1 | 10025367.pdfaaff22a9808a402e2958e84dac4a3385dc77c5b05f939524bdcc940416049da6 |
| 2018 | 10025368 | House amendment | 3/21/2019 | 28 | 1 | 10025368.pdf36f4fbca35edb040e9a567f0a64c255d93465a4876d50166a74fb69c62030069 |
| 2019 | 10035656 | House annual | 8/13/2020 | 25 | 0 | 10035656.pdff4a7f8cf57f934b332434e2d129eb68bcc0dd0888a8314be4f17e8858e898237 |
| 2020 | 10041344 | House annual | 7/27/2021 | 24 | 0 | 10041344.pdfd4673d00c2972c773159a9f0977d1fd04ce6b66e25ef365de8f6d061bf285c1c |
| 2021 | 10055435 | House amendment | 8/12/2023 | 32 | 0 | 10055435.pdff2d070c82dce2d14e416d6d89d6a5d62dda8d4de7476b2bde2101979334f2c48 |
| 2022 | 10053543 | House annual | 8/12/2023 | 31 | 0 | 10053543.pdf853f52c9cfa0e8b44872dd5967f653881f3d276e6d1728a172f16e3304070261 |
| 2023 | 10060049 | House annual | 8/1/2024 | 34 | 0 | 10060049.pdff928f96fe4b4af1d7ff464cc4d3769b248170fda9a6ea3f84e10ebe2276afc20 |
| 2024 | 10081472 | House amendment | 8/12/2026 | 34 | 0 | 10081472.pdf72ec80993829aa4af17c01dd49923f7fe3922fc892fb895abc69b31f40204f72 |
| 2025 | 10075586 | House annual | 8/12/2026 | 33 | 0 | 10075586.pdfe1a52a21ff393549ca557d4d11b0289e863389dfb99870f18e8eba7bc7e9ff5e |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Hanscom Federal Credit Union [BA] | SP | held | $1,000,001 - $5,000,000 | None | $0 | $0 |
| Thrift Savings Plan [OT] | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Glenview Development Inc. [OL] | SP | held | $15,001 - $50,000 | None | $0 | $0 |
| Eagle Development LLC, 33% Interest [OL] | SP | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Lowell Building Associates LLC, 50% Interest [OL] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Granite Rock Management LLC, 50% Interest [OL] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| DCT Development Inc, 100% Interest [OL] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Lowell Five Bank - Checking [BA] | SP | held | $15,001 - $50,000 | $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) |
|---|---|---|---|---|---|---|
| Fidelity 401K ⇒ Vanguard Growth ETF (VUG) [EF] | SP | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $140,002 | $0 |
| Fidelity 401K ⇒ Fidelity Cash Reserves (FDRXX) [MF] | SP | held | $50,001 - $100,000 | $1,001 - $15,000 | $0 | $0 |
| Fidelity SEP-IRA ⇒ Vanguard Growth ETF (VUG) [EF] | SP | held | $250,001 - $500,000 | $250,001 - $500,000 | $65,001 | $0 |
| Fidelity 401K ⇒ Vanguard High Dividend Yield ETF (VYM) [EF] | SP | held | $250,001 - $500,000 | $250,001 - $500,000 | $65,001 | $0 |
| Fidelity 401K ⇒ Vanguard FTSEEuropean ETF (VGK) [EF] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $8,000 | $0 |
| Fidelity SEP-IRA ⇒ Vanguard High Dividend Yield ETF (VYM) [EF] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $8,000 | $0 |
| Eagle Development LLC, 33% Interest [OL] | SP | held | $1,001 - $15,000 | None | $0 | $0 |
| Fidelity 401K ⇒ iShares Core MSCI Emerging Markets ETF (IEMG) [EF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $8,000 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Thrift Savings Plan [OT] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $0 | $0 |
| Lowell Five Cent Savings Bank - Money Market & Checking [BA] | JT | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $0 | $0 |
| Fidelity SEP-IRA ⇒ Vanguard High Dividend Yield ETF (VYM) [EF] | SP | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Fidelity SEP-IRA ⇒ Vanguard FTSEEuropean ETF (VGK) [EF] | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Fidelity 401K ⇒ iShares Core MSCI Emerging Markets ETF (IEMG) [EF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Fidelity 401K ⇒ Fidelity Cash Reserves (FDRXX) [MF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Merrimac Commons Rental Associates LLC, 50% Interest [RP] | SP | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $0 | $0 |
| LT Realty, LLC ⇒ Residential Property Located in Washington, DC [RP] | — | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $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).