Table 1.
Treatment sample of stocks with highest level of Congressional holdings
| Ticker | Company name | All Congress | Democrats | Republicans |
|---|---|---|---|---|
| [1] | [2] | [3] | [4] | [5] |
| GE | General Electric | 84 | 38 | 45 |
| PG | Proctor and Gamble | 69 | 31 | 37 |
| MSFT | Microsoft | 65 | 32 | 33 |
| WFC | Wells Fargo | 63 | 28 | 35 |
| AAPL | Apple | 62 | 30 | 31 |
| XOM | Exxon Mobil | 55 | 18 | 36 |
| JPM | JP Morgan | 55 | 24 | 31 |
| CSCO | Cisco | 52 | 22 | 29 |
| INTL | Intel | 50 | 25 | 25 |
| T | AT&T | 49 | 15 | 34 |
| JNJ | Johnson and Johnson | 49 | 19 | 29 |
| IBM | International Business Machines | 48 | 21 | 26 |
| PFE | Pfizer | 47 | 19 | 28 |
| PEP | PepsiCo | 46 | 20 | 25 |
| KO | Coca-Cola | 46 | 19 | 27 |
| CVX | Chevron | 45 | 17 | 28 |
| VZ | Verizon | 43 | 16 | 27 |
| BAC | Bank of America | 41 | 16 | 25 |
| DIS | Disney | 40 | 23 | 16 |
| MCD | McDonalds | 40 | 18 | 22 |
| QCOM | Qualcomm | 38 | 17 | 20 |
| GLD | SPDR Gold Trust | 37 | 14 | 22 |
| MRK | Merck & Co. | 33 | 11 | 22 |
| MMM | 3M | 32 | 15 | 16 |
| BRK.A | Berkshire Hathaway | 31 | 13 | 18 |
| WMT | Walmart | 30 | 12 | 18 |
| CMCSA | Comcast | 29 | 14 | 15 |
| ABT | Abbott Laboratories | 29 | 9 | 20 |
| HD | Home Depot | 29 | 13 | 16 |
| GOOG | 29 | 10 | 18 | |
| BMY | Bristol-Myers Squibb | 28 | 11 | 17 |
| UTX | United Technologies | 28 | 11 | 16 |
| ORCL | Oracle | 28 | 11 | 16 |
| VOD | Vodafone | 27 | 14 | 13 |
| SLB | Schlumberger | 27 | 12 | 14 |
| C | Citigroup | 27 | 12 | 15 |
| EMC | EMC Corp | 25 | 10 | 14 |
| AXP | American Express | 23 | 8 | 14 |
| UNP | Union Pacific | 23 | 9 | 14 |
| PM | Philip Morris International | 22 | 7 | 15 |
| MDLZ | Mondelez International | 22 | 8 | 14 |
| KMB | Kimberly Clark | 22 | 9 | 12 |
| KRFT | Kraft Foods | 22 | 7 | 15 |
| MO | Altria Group | 21 | 6 | 15 |
| COP | ConocoPhillips | 21 | 6 | 15 |
| ESRX | Express Scripts | 20 | 7 | 13 |
| HP | Hewlett Packard | 20 | 6 | 14 |
| F | Ford Motor | 19 | 8 | 11 |
| DD | Du Pont | 19 | 6 | 13 |
| AMZN | Amazon.com | 19 | 6 | 13 |
The table reports the ticker symbols, the number of members of the U.S. Congress holding the particular stock, the number of Congressional Democrats holding the particular stock, and the number of Congressional Republicans holding the particular stock as of the end of 2012