Week of 2026-10-19
One hundred congressional stock trades were disclosed this week, with Rep. Michael McCaul of Texas driving the headline count through a single late-filed batch of 69 transactions spanning the summer months.
The Big Picture
This week's 100 disclosed trades were dominated by one large filing from Rep. Michael McCaul (R-TX), who reported 69 separate transactions in a batch — all dated between early August and late August, and every one filed past the STOCK Act's 45-day deadline. The broader week showed Technology stocks leading both buying and selling activity, with enterprise software names such as SAP SE and Workday Inc topping the most-sold list. Several members also shifted money into municipal bonds and government securities while trimming equity positions.
This Week's Notable Trades
Michael McCaul (R-TX)
- Disclosed a $500,001 – $1,000,000 purchase of Blackstone Private Equity Strategies Fund LP (BXPE) on Aug. 20 — the week's single largest disclosed position; Blackstone is one of the world's largest alternative asset managers, and this fund provides exposure to private-equity investments not available on public stock exchanges.
- Disclosed two purchases of Accenture PLC (ACN), each in the $50,001 – $100,000 range, on Aug. 25 and Aug. 28 — Accenture is a global management consulting and technology-services firm.
- Sold a $100,001 – $250,000 stake in Northern Trust Intermediate ETF (TAXI) on Aug. 18 — a bond fund holding investment-grade fixed-income securities.
- Across dozens of smaller lots, repeatedly bought EQT Corp (EQT) and S&P Global Inc (SPGI) while selling SAP SE (SAP) and Workday Inc (WDAY) across multiple dates in August — all of these filings were late.
David Taylor (R-OH)
- Disclosed purchases on Oct. 9 of $1,001 – $15,000 positions in AT&T Inc (T) and Fifth Third Bancorp (FITB) — AT&T is one of the country's largest telecommunications companies; Fifth Third Bancorp is a major regional bank based in Cincinnati.
- Sold a $1,001 – $15,000 stake in The Procter & Gamble Co (PG) on Oct. 12 — the consumer goods manufacturer makes household brands including Tide, Pampers, and Gillette.
- Bought a $1,001 – $15,000 position in RPM International Inc (RPM) on Oct. 9 — RPM makes specialty coatings, sealants, and building materials used in construction and industrial applications.
- Potential conflict: Taylor sits on the House Transportation and Infrastructure Committee and the House Agriculture Committee. His purchase of RPM International, whose products are widely used in construction and infrastructure projects, creates a potential overlap with his Transportation subcommittee work; his sale of The Procter & Gamble Co, a consumer goods manufacturer dependent on agricultural commodity inputs at scale, creates a potential overlap with his Agriculture Committee role.
Scott H. Peters (D-CA)
- Disclosed a $250,001 – $500,000 purchase of California State General Obligation bonds (CA ST GO UTX) on Sept. 3 — state GO bonds are backed by California's full taxing authority, making them among the most creditworthy municipal securities available.
- Disclosed an additional $100,001 – $250,000 purchase in the same California GO bond series, also on Sept. 3.
- Bought a $250,001 – $500,000 position in Charlotte-Mecklenburg Health bonds (Charlotte-Meckle HLTH) on Sept. 25 — municipal bonds issued by a North Carolina health authority.
- Sold a $250,001 – $500,000 position in U.S. Treasury Bills on Sept. 24 — Treasury bills are short-term U.S. government obligations commonly used as a cash equivalent; the sale appears to accompany the redeployment of funds into the longer-dated municipal bonds noted above.
Suzan K. DelBene (D-WA)
- Disclosed a $250,001 – $500,000 purchase of Black Belt Energy Gas Distribution revenue bonds on Sept. 18 — Alabama municipal bonds backed by natural gas distribution revenues, maturing in October 2032.
- Sold a $250,001 – $500,000 position in Triborough Bridge and Tunnel Authority bonds on Sept. 18 — New York revenue bonds backed by toll collections at several major bridges and tunnels in the metropolitan area.
- Also bought Texas Transportation Commission turnpike bonds ($15,001 – $50,000) and sold Washington State GO bonds ($15,001 – $50,000) on the same date, suggesting a rebalancing of her municipal bond portfolio.
Kevin Hern (R-OK)
- Sold two positions in Lockheed Martin Corporation (LMT), each $15,001 – $50,000, on Sept. 17 and Sept. 23 — Lockheed Martin is the nation's largest defense contractor and the maker of the F-35 fighter jet.
- Sold two positions in Marsh (MRSH), each $50,001 – $100,000, on Sept. 17 and Sept. 23 — a financial services company.
- Sold a $15,001 – $50,000 stake in Chevron Corporation (CVX) on Sept. 23 — one of the world's largest integrated oil and gas companies.
- Sold a $15,001 – $50,000 stake in NextEra Energy, Inc. (NEE) on Oct. 2 — the largest U.S. electric utility, with extensive wind and solar power operations.
By the Numbers
- Total trades disclosed: 100
- Party split: 88 by Republicans, 12 by Democrats
- Most-bought sector: Technology (11 trades); Consumer Cyclical (9 trades) second
- Most-sold sector: Technology (20 trades); Industrials (7 trades) second
- Most active member: Rep. Michael McCaul (R-TX), 69 trades
- Potential conflicts flagged: 2
Notable potential overlaps this week:
- Rep. David Taylor (R-OH) — purchase of RPM International Inc (RPM); Transportation and Infrastructure Committee jurisdiction over construction-related sectors.
- Rep. David Taylor (R-OH) — sale of The Procter & Gamble Co (PG); Agriculture Committee jurisdiction and the company's extensive reliance on agricultural commodity inputs.
Late to File
Under the STOCK Act, members must disclose a trade within 45 days. This week's late filings came entirely from one member. Rep. Michael McCaul disclosed 69 transactions in a single batch, with filing delays ranging from 46 to 74 days past the trade date. A representative sample:
- Rep. Michael McCaul — Insight Enterprises Inc (NSIT), 74 days late
- Rep. Michael McCaul — FormFactor Inc (FORM), 73 days late
- Rep. Michael McCaul — Arista Networks Inc (ANET), 73 days late
- Rep. Michael McCaul — ASML Holding NV (ASML), 70 days late
- Rep. Michael McCaul — Blackstone Private Equity Strategies Fund LP (BXPE), 57 days late
Late disclosure is a timing compliance matter under the STOCK Act; it is not an accusation of wrongdoing.
All-time: Of 23,185 disclosures tracked in the database, 12.5% (2,897) were filed late; the members with the most late filings on record are Rep. Sheri Biggs (171), Rep. Julia Letlow (136), Rep. Valerie Hoyle (114), Sen. Thomas H. Tuberville (108), and Rep. Alan Armstrong (96).
The Fine Print
Data derived from public STOCK Act disclosures. Disclosure date is not the trade date (filings lag 30-45 days). Dollar figures are disclosed ranges, not exact amounts. Conflict-of-interest flags are heuristic "potential overlaps," not assertions of wrongdoing. Not investment advice.