What if you had copied Neal P. Dunn?
Republican, FL-2
The verdict
Copying Neal P. Dunn's reported trades from Mar 2025 would have turned $10,000 into $4,819, less than the S&P 500 did.
The S&P 500 turned the same $10,000 into $13,837 over the same days. The copy returned −35.5% a year against +21.5% for the S&P 500, 57 points a year behind. Its worst fall was 81.9%, from Jul 16, 2025 to Jun 26, 2026. The S&P 500's worst fall over the test was 13.7%.
Copied Mar 11, 2025 to Nov 9, 2026 · House trade reports and daily closes
What $10,000 became
- Copying Neal P. Dunn$4,819
- S&P 500$13,837
- Kept every buy and ignored their sales$4,819
If you had kept every buy and ignored their sales, you would have ended at about the same place, $4,819.
- $10,000 copied
- $4,819
- −51.8%, −35.5% a year
- In the S&P 500
- $13,837
- +38.4%, +21.5% a year
- Kept every buy
- $4,819
- Their sales ignored
- Worst fall
- −81.9%
- Jul 16, 2025 to Jun 26, 2026
- Trades
- 1
- 1 buys, 0 sales
The moves that made the most
No position made money for the copy.
The moves that cost the most
- MSTRMicroStrategy−$5,181
Held since Mar 2025, the stock down 52%
Year by year
| Year | Copy | S&P 500 | Gap, pts |
|---|---|---|---|
| 2025from Mar 2025 | −41.7% | +24.1% | −65.8 |
| 2026to Nov 2026 | −17.3% | +11.5% | −28.8 |
A historical test on paper, before costs and taxes. It trades at the close of the first trading day after each report comes out, up to 45 days after the trade, sizes from reported ranges, and skips delisted companies, which flatters it.