Michael Bennet net worth hits $17.9M in new Senate disclosure
Bennet’s new filing shows a sizable, diversified portfolio
Sen. Michael Bennet’s newly filed annual financial disclosure points to an estimated Michael Bennet net worth of $17.9 million as of September 19, 2025, according to Quiver Quantitative’s live tracking. That estimate places the Colorado Democrat 73rd in Congress by net worth, a reminder that Capitol Hill includes many high-net-worth lawmakers with complex portfolios.
The filing outlines significant stakes across index funds, actively managed mutual funds, a limited partnership, and cash-like positions. It’s a snapshot, not a minute-by-minute ledger, but it offers a clear view of how one senator allocates capital across markets and safer parking spots for cash.
Like all congressional disclosures, Bennet’s report shows asset values in broad ranges rather than exact dollar figures. That’s why several line items are listed as “up to” a number. Quiver’s estimate fills in the blanks using those ranges and public market data, then ranks lawmakers based on a standardized method. The final dollar figure can shift as the market moves or as updated disclosures arrive.
Here’s what stands out in Bennet’s holdings:
- Up to $5,000,000 in SPY — the SPDR S&P 500 ETF, a straightforward bet on the broad U.S. stock market.
- Up to $5,000,000 in EAERX — Eaton Vance Stock A, an actively managed equity mutual fund.
- Up to $5,000,000 in Canyon Balanced Fund LP — a limited partnership offering an alternative, multi-asset approach.
- Up to $5,000,000 in SNAXX — Schwab Value Advantage Money Market, a cash-equivalent position for liquidity.
- Up to $1,000,000 in VTHRX — Vanguard Target Retirement 2030, a glide-path fund aimed at investors planning to retire around 2030.
Quiver estimates that about $3.5 million of Bennet’s wealth sits in publicly traded assets that can be tracked in real time. The rest is tied up in vehicles that don’t tick on a screen all day, like private partnerships or cash-like accounts, or falls into broader ranges that obscure the precise total.
On strategy, Bennet’s portfolio reads like a blend of broad exposure and caution. SPY provides instant diversification across the S&P 500. The Eaton Vance fund adds an active manager’s stock-picking, which can tilt the portfolio toward sectors or themes the manager prefers. The Canyon Balanced LP suggests a willingness to use alternatives and hedges that aren’t accessible in a basic brokerage account. Meanwhile, the Schwab money market stake signals a desire for liquidity and capital preservation, especially after a stretch when money market yields were comparatively attractive. The Vanguard 2030 fund adds a long-term, set-it-and-forget-it component that slowly shifts from stocks to bonds as the target year approaches.
It’s notable that the filing shows no big bets on single company stocks. Index funds and diversified mutual funds tend to reduce direct conflicts with specific companies because they spread exposure across hundreds of names. That doesn’t eliminate conflicts altogether—broad policy can lift or sink entire sectors—but it does put distance between a lawmaker and any one ticker symbol.
Even with those guardrails, disclosure matters. Congress regulates taxes, banking, financial markets, tech, and energy—areas that shape returns across portfolios like this one. That’s why watchdogs and data firms track lawmakers’ assets, trades, and any patterns that could raise questions. The public wants to know if votes, hearings, or amendments could overlap with personal financial interests.
Why the ranges—and why this matters to voters
Senate disclosure rules require lawmakers to report assets, liabilities, and income in broad dollar ranges rather than exact amounts. Spousal assets and certain family trusts are included. Primary residences are typically excluded. Values are usually reported as of the end of the preceding year or the latest practical date, and amendments or late-filed updates can change the picture later. All of that means any headline number is an estimate within a band.
Quiver’s $17.9 million figure comes from these ranges, not a bank statement. Different trackers can arrive at slightly different totals depending on assumptions—such as taking the midpoint of a range versus using more conservative or aggressive estimates. Rankings also move as new filings come in or as market prices swing. Think of the number less as a single pin on a map and more as a zone with some wiggle room.
How does Bennet compare? He’s well above the typical American household and sits in the upper tier of lawmakers by wealth, though far from the very top. Congress includes investors, entrepreneurs, heirs, and retirees whose balance sheets look nothing like a median household’s. That gap can fuel skepticism: when lawmakers hold significant assets, will they put the public’s interest first when it clashes with their portfolios?
That question underpins ongoing pushes to tighten ethics rules. The STOCK Act already requires timely disclosure of trades, but it does not ban members from investing. Several bipartisan proposals have sought to restrict or ban individual stock trading by lawmakers and their spouses, with carve-outs for broad funds like index ETFs. Bennet’s heavy use of funds—rather than individual stocks—fits with the spirit of those proposals, though the Senate has not enacted a universal ban.
Another piece of context: risk. A portfolio tilted toward index funds, active mutual funds, and a money market fund tends to behave more like the market than a single stock bet would. If the S&P 500 rallies, SPY and many active funds rise with it. If rates fall, money market yields can drop, shifting the calculus on how much to keep in cash. The limited partnership category can add complexity; depending on its mandate, it might use bonds, equities, arbitrage, or hedging strategies that dull volatility—or add it. Those details aren’t in the public filing.
For constituents, two things matter most here: transparency and alignment. Transparency comes from seeing the shape of a senator’s finances and understanding where possible conflicts could arise. Alignment means judging whether a lawmaker’s votes line up with stated priorities, not with financial gain. Disclosures don’t settle that question, but they give voters a reference point.
It’s also worth noting that these snapshots age fast. Markets move every day; fund allocations shift quarter to quarter; money can flow into or out of cash. If interest rates change, the appeal of a large money market position can rise or fade. If stocks surge or slump, the mix inside a target-date fund adjusts on a preset schedule, but the overall value still swings with markets. Next year’s filing could look different even if the core strategy stays the same.
For now, the headline is clear: Bennet’s latest disclosure shows a sizable, diversified portfolio with major stakes in broad funds and meaningful liquidity, and an estimated net worth that places him in the upper tier of Congress. The numbers are estimates, but the takeaway is hard to miss—this is a senator with significant financial resources and a portfolio designed to balance market exposure with cash on hand. Voters who care about ethics, market rules, and financial transparency will keep watching what he owns, how he votes, and whether the two ever collide.
Shelby Mitchell
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