Economy & PolicyExtended setexperimental liveNew

Lobbying Issue Sector Beneficiary

Updated quarterlyData needs: mediumlong only

2016

Bhandari-Iliev-Kalodimos 2022 + Borisov-Goldman-Gupta 2016 RFS.

In plain terms

When the lobbying spend rises on a topic our company cares about, that topic-driven sector tends to outperform. We go LONG.

How it works

Rising lobbying expenditure on an issue area reveals policy-tailwind expectations for firms in the sector served by that issue. Signal leads policy outcomes by 1-3 quarters.

Live results

3 times picked on its own · 12 times inside a blend (10 beat the stock) · updated 2026-06-06

This strategy is a frequent ingredient in blends that combine a few strategies on one stock. It has contributed to 12 such blended picks (10 of which beat simply holding the stock). Picking it on its own is only one of the ways it shows up.

How its picks scored vs. buy & hold

Each pick is graded on a recent year it was never tuned on, against simply owning the same stock

Where its edge concentrates

Share of picks in each company-size group that beat buy & hold

How often it trades

Active vs. patient. Bars on the left mean it waits for rare setups; bars on the right mean it trades often

Return vs. buy & hold

How much each pick beat or trailed simply owning the stock over the test year (extreme microcap moves trimmed)

Loading substrate evidence…

Data dependencies

Daily prices
Adjusted-close OHLCV for every US-listed ticker; primary price feed.
Lobbying disclosures
OpenSecrets Senate LDA quarterly lobbying-spend filings.

Expected edge

Tested over: 1998-2008 (Borisov-Goldman-Gupta)

Borisov-Goldman-Gupta 2016 lobbying-return relationship.

Example tickers where this is likely to fire

AAPL LMT XOM JPM BA GOOGL

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

Lobbying ShockEconomy & Policy

Companies that sharply increased lobbying spend QoQ outperform 6-12 months later — management is signaling private belief in regulatory tailwinds.

Corporate Lobbying X PolymarketEconomy & Policy

When a company is spending top-quartile money on lobbying AND a polymarket prediction market favours their preferred regulatory outcome, the stock tends to outperform for two to three months. We buy and hold.

Explore Lobbying Issue Sector Beneficiary on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

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