Methodology
Public disclosures are not live brokerage accounts, exact dollar values, or complete statements. Markets are not launched yet — these rules describe how coins will work after launch.
How disclosures are sourced
Executive branch records come from OGE Form 278e and 278-T. House records come from Periodic Transaction Reports filed with the Clerk. Each factual trade or holding links to the filing used. Third-party coverage is used only as discovery when the official PDF is cited.
Amount ranges
Filings usually report ranges, not exact tickets. Politician.fun uses the midpoint as a Portfolio Weighting Amount / Model Amount. A $15,001–$50,000 purchase is modeled as $32,500. This is not a claim that the official bought exactly $32,500.
Buys, sales, and reconstruction
Year-end 278e/FD ranges seed modeled positions. Later transactions adjust those positions: purchases add the midpoint, sales subtract it, full sales zero the line. Positions cannot go below zero. If only PTRs exist, the book is a disclosure-flow model over the mapped window — not a complete brokerage statement.
Funds, bonds, options, and unsupported assets
Bonds roll into a Bonds bucket. Funds stay classified as funds. Options appear in the disclosed target but are not treated as treasury-executable. Unmapped names stay visible and route to cash inside the executable treasury. Insider or lock-up stock (for example TMTG share-count arrangements) is displayed and excluded from execution.
Target vs treasury
Disclosed Target is the rules-based book implied by filings. Onchain Treasury is the coin’s accumulated fee assets, rebalanced toward the executable subset of that target. Cash/USDC holds weight that cannot be represented as tokenized equity.
Rebalancing
Treasuries do not mirror every filing instantly. Rebalance when accumulated cash exceeds $25,000, when any sleeve drifts more than 5%, or on the daily cycle. Drift = current weight − target weight.
Meme premium
Token market cap ÷ treasury NAV. This is a market-to-treasury multiple, not NAV discount/premium language and not a redemption right. Treasury assets per token = treasury NAV ÷ token supply.
Disclosure lag
Transaction date and disclosed date are stored separately. Lag is disclosed date minus transaction date. Political filings can be delayed; the model is delayed with them.
Fees
Default trading fee is 1%. 80% of that fee goes to the politician coin treasury. 20% is protocol. Both numbers are configurable at launch.