Which States' Members of Congress Trade the Most Stocks?

Coldpine Research · Oct 16 · figures update with the data

California, by transaction count, and most of that is one member. Members of Congress from California reported 2,302 securities transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026, 30.8% of all 7,468, from 12 members. Rohit Khanna reported 2,115 of them (91.9%). Texas (948) and Oklahoma (918) follow. In 9 of the 10 most active states one member accounts for more than half of the count, so a state ranking mostly measures who its heaviest filer is. With each state’s largest filer set aside, Oklahoma (210), California (187) and Florida (187) lead.

Key numbers

  • Members of Congress from 43 of the 50 states reported 7,468 securities transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026; 138 members reported at least one (Coldpine).
  • California members reported the most transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026: 2,302 from 12 members, 30.8% of the total, of which Rohit Khanna reported 2,115 (91.9% of the state’s) (Coldpine).
  • The three states with the most reported transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026 were California (2,302), Texas (948) and Oklahoma (918), together 55.8% of the 7,468 reported by all members (Coldpine).
  • In 9 of the 10 states with the most reported transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026, a single member accounted for more than half of the state’s total (Coldpine).
  • The states with the most members reporting at least one securities transaction in periodic transaction reports filed from January 1, 2026 through October 29, 2026 were Texas (14), California (12) and Florida (10) (Coldpine).
  • Setting aside each state’s largest filer, the states with the most reported transactions in periodic transaction reports filed from January 1, 2026 through October 29, 2026 were Oklahoma (210), California (187) and Florida (187) (Coldpine).
  • No member of Congress from 7 states (Idaho, Iowa, New Hampshire, New Mexico, North Dakota, Vermont and Wyoming) reported a securities transaction in periodic transaction reports filed from January 1, 2026 through October 29, 2026 (Coldpine).

Every state, ranked

A member of Congress who buys or sells a stock, bond or other security worth more than $1,000 has to file a periodic transaction report within 45 days. The table counts every transaction on the reports filed in 2026 so far, grouped by the state the member represents. Trades in a spouse’s or dependent child’s account go on the member’s report and count for the member. The last two columns name the member with the most transactions in the state and that member’s share of the state’s count.

StateTransactionsMembers (House / Senate)Largest filerTheir share
California2,30212 (12 / 0)Rohit Khanna92%
Texas94814 (14 / 0)Michael T. McCaul86%
Oklahoma9184 (2 / 2)Alan Armstrong77%
Connecticut5252 (1 / 1)Richard Blumenthal99%
Florida30810 (9 / 1)Maria Elvira Salazar39%
Pennsylvania2817 (5 / 2)David H McCormick71%
Ohio2387 (6 / 1)David J. Taylor71%
Arkansas2232 (1 / 1)John Boozman98%
Alabama2183 (1 / 2)Thomas H Tuberville89%
Tennessee2146 (5 / 1)Diana Harshbarger65%
Maryland1991 (1 / 0)April McClain Delaney100%
New Jersey1953 (2 / 1)Josh Gottheimer64%
Georgia1015 (5 / 0)Richard Dean McCormick63%
Washington844 (4 / 0)Suzan K. DelBene46%
South Carolina753 (2 / 1)Sheri Biggs91%
Louisiana732 (2 / 0)Cleo Fields55%
Wisconsin601 (1 / 0)Tony Wied100%
Minnesota572 (1 / 1)Kelly Louise Morrison86%
Michigan516 (5 / 1)Tim Walberg31%
Illinois501 (1 / 0)Jonathan Jackson100%
North Carolina453 (3 / 0)Tim Moore78%
Virginia415 (4 / 1)Donald Sternoff Beyer41%
Massachusetts404 (4 / 0)William R. Keating48%
Rhode Island331 (0 / 1)Sheldon Whitehouse100%
West Virginia302 (1 / 1)Shelley M Capito87%
Utah251 (0 / 1)John R Curtis100%
Kansas182 (1 / 1)Tracey Robert Mann61%
Missouri182 (2 / 0)Ann Wagner50%
Indiana163 (2 / 1)Jefferson Shreve69%
Maine152 (0 / 2)Angus S King80%
New York133 (3 / 0)Thomas Suozzi77%
Colorado101 (0 / 1)John W Hickenlooper100%
Hawaii101 (1 / 0)Ed Case100%
Mississippi91 (1 / 0)Michael Patrick Guest100%
Kentucky72 (1 / 1)A. Mitchell McConnell Jr57%
Montana51 (0 / 1)Timothy P Sheehy100%
Nevada31 (1 / 0)Susie Lee100%
Oregon33 (2 / 1)Cliff Bentz33%
Alaska21 (1 / 0)Nicholas Begich100%
Arizona21 (1 / 0)Greg Stanton100%
Delaware11 (0 / 1)Christopher A Coons100%
Nebraska11 (1 / 0)Adrian Smith100%
South Dakota11 (0 / 1)M. Michael Rounds100%

15 of the 43 states have exactly one member with a reported transaction, so their row is that member’s record. Each state name links to its delegation page, which lists every senator and representative from the state with a report on file since 2023.

Without each state’s largest filer

Because the heaviest filers are so far ahead of everyone else, the ranking changes once each state’s largest filer is set aside. Oklahoma (210), California (187) and Florida (187) then lead. Rohit Khanna alone reported 28.3% of every transaction in periodic transaction reports filed from January 1, 2026 through October 29, 2026; who trades the most, member by member, is in the most active stock traders in Congress.

Members, not transactions

Counting members instead of transactions gives a different order: Texas has 14, California has 12 and Florida has 10 members with at least one reported transaction this year. Larger delegations have more members who could trade, so this count tends to follow the size of the delegation. How many members trade at all, chamber by chamber, is in how many members of Congress trade stocks.

States with no reported trade

No senator or representative from Idaho, Iowa, New Hampshire, New Mexico, North Dakota, Vermont and Wyoming has reported a securities transaction on a report filed in 2026 so far. Either none of them bought or sold a reportable security worth more than $1,000 this year, or a report for such a trade is not yet due. It says nothing about what they hold.

What this does and does not show

These are counts of reported transactions, not dollar amounts and not holdings. One report can list hundreds of small trades in a managed account, and one large sale can be a single line, so a high count is not the same as a large sum of money. A member who holds shares all year and neither buys nor sells files no periodic transaction report. Reporting a trade is what the law requires, and none of these counts is evidence of wrongdoing by any member.

Methodology and honest caveats

The figures cover periodic transaction reports filed from January 1, 2026 through October 29, 2026. Coldpine’s House record goes back to January 2023, but its Senate record begins with reports filed in January 2026, so the state totals start there to treat both chambers alike. A transaction counts in the year its report was filed, whenever the trade took place. Each member is counted once per state, and a member who appears under two spellings, or who moved from the House to the Senate, is counted once. The state is the one on the member’s roster row, and a member with no state on the roster is left out. Washington, DC and Puerto Rico send non-voting delegates and are left out of the count of 50 states. How we parse filings is set out in our methodology. Figures are computed live and update as new filings arrive, so they may differ from the ones quoted the day this was published.

Every state has a page listing its delegation’s disclosed trades.

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Coldpine is a publisher of intelligence on public Congressional disclosures. Figures are computed from the public filings and describe past activity only; they are not evidence of wrongdoing by any member. This is informational only, not investment advice, and not a suggestion to buy, sell, or copy anyone’s trades.