Melvin L. Watt
Melvin L. Watt Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2010, filed August 16, 2010. Includes 56 assets.
Est. Net Worth
$1M
2010 annual disclosure
Total Assets
$470K - $1.6M
56 assets
Total Liabilities
$0
0 liabilities
Total Trades
116
From PTR filings
Trade Volume
$844K
Midpoint of disclosed ranges
Net Worth Over Time
Show data table
| Period | Est. net worth |
|---|---|
| 2008 | $1.1M |
| 2008 | $1.1M |
| 2009 | $992K |
| 2010 | $1M |
| 2010 | $1.2M |
| 2011 | $1.2M |
| 2012 | $1.1M |
| 2012 | $544K |
| 2012 | $733K |
| 2013 | $340K |
| 2013 | $405K |
Assets by Category
Stocks$276K (24)
Mutual Funds$214K (11)
LLC / Partnership$208K (2)
Bank & Cash$124K (4)
Real Estate$108K (2)
Retirement & Pension$65K (8)
Gov. Securities$33K (1)
Other$0 (1)
ETFs$0 (3)
Top Stock Holdings (from trades)
All Assets (56)
| Asset | Value |
|---|---|
Alabama Power 5.875 | N/A |
| $15,001 - $50,000 | |
Ariel Appreciation Fund (Not Self-Directed) | $1,001 - $15,000 |
Ariel Appreciation Fund (Not Self-Directed) | $1,001 - $15,000 |
Eaton Vance Traditional Equity Fund | $1 - $1,000 |
| $15,001 - $50,000 | |
| $1,001 - $15,000 | |
BlackRock MuniHoldings Insured Fund | $15,001 - $50,000 |
Brandywine Blue Fund - IRA | $1,001 - $15,000 |
| $1,001 - $15,000 | |
| $1 - $1,000 | |
Davis New York Venture Fund - IRA | $1 - $1,000 |
Deutsche Bank 6.625% Preferred | $1,001 - $15,000 |
| $1,001 - $15,000 | |
Eaton Vance Tax-Managed Fund | $15,001 - $50,000 |
Eaton Worldwide Health Sciences Fund | $1,001 - $15,000 |
| $1,001 - $15,000 | |
Evergreen Investments - IRA (Not Self-Directed) | $1,001 - $15,000 |
ING Investments - IRA (Not Self-Directed) | $1,001 - $15,000 |
| $1,001 - $15,000 | |
| $1,001 - $15,000 | |
High Point NC 3.5% High Point, NC, US | $15,001 - $50,000 |
| $15,001 - $50,000 | |
| $1,001 - $15,000 | |
| $1,001 - $15,000 | |
Laboratory of America | N/A |
Lot - 1.36 acres Burke County, North Carolina Burke County, NC, US | $15,001 - $50,000 |
Lot 515/517 N Poplar St., Charlotte, NC (1/2 interest) Charlotte, NC, US | $50,001 - $100,000 |
Market Vectors Gold | N/A |
| N/A | |
Mechanics & Farmers Bank | $1,001 - $15,000 |
NC State Employees Credit Union (Not Self Directed) NC, US | $15,001 - $50,000 |
| $1,001 - $15,000 | |
Nicholas Applegate Intl & Premium Strategy FD | $15,001 - $50,000 |
| $15,001 - $50,000 | |
Nuveen Equity Premium Income Fund | $50,001 - $100,000 |
Park Plaza Office LP | $100,001 - $250,000 |
| $1,001 - $15,000 | |
| N/A | |
| N/A | |
Rainier Investment Management Midcap Equity | $1,001 - $15,000 |
Rainier International Management Mutual Fund Mid Cap - IRA | N/A |
Royce Premier Fund - IRA | N/A |
Rydex Sector Rotation Fund | $1,001 - $15,000 |
Rydex Series Trust Energy Services Fund | $1 - $1,000 |
| N/A | |
| $1,001 - $15,000 | |
| $1 - $1,000 | |
| $1,001 - $15,000 | |
Transamerica - IRA (Not Self Directed) | $1,001 - $15,000 |
Wells Fargo | $1,001 - $15,000 |
| $1,001 - $15,000 | |
Wells Fargo - IRA | $15,001 - $50,000 |
Wells Fargo - Money Market Account | $50,001 - $100,000 |
Wells Fargo % PFD | $15,001 - $50,000 |
Westside 2000, Ltd (Land Partnership) | $15,001 - $50,000 |
Trading Sector Allocation (from PTR trades)
Utilities$24K
Technology$153K
Basic Materials$64K
Industrials$56K
Real Estate$32K
Consumer Cyclical$32K
Healthcare$24K
Energy$16K
Manufacturing$16K
Financial Services$33K
Consumer Defensive$16K
Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).