Is Congress Buying or Selling Stocks?

Coldpine Research · Oct 10 · figures update with the data

By the number of trades, buying. Members of Congress have disclosed 17,468 purchases and 11,855 sales in periodic transaction reports filed from January 1, 2023 through October 29, 2026, which makes 59.6% of the trades purchases. A single filer accounts for 8,814 of the purchases and 4,225 of the sales. Without that filer the split is 53.1% purchases, and of the 122 members with 10 or more trades on record, 59 bought more often than they sold and 61 sold more often than they bought. In the latest 90 days of filings, 46.8% of the disclosed trades were purchases.

Key numbers

  • Members of Congress disclosed 17,468 purchases and 11,855 sales in periodic transaction reports filed from January 1, 2023 through October 29, 2026, so 59.6% of the 29,323 were purchases (Coldpine; House reports from 2023, Senate reports from 2026).
  • One filer, Rohit Khanna (D-CA), reported 8,814 of those purchases and 4,225 of the sales; without that filer, Congress disclosed 8,654 purchases and 7,630 sales, 53.1% purchases, in periodic transaction reports filed from January 1, 2023 through October 29, 2026 (Coldpine).
  • Of the 122 members of Congress with 10 or more disclosed purchases and sales in periodic transaction reports filed from January 1, 2023 through October 29, 2026, 59 reported more purchases than sales and 61 reported more sales than purchases; for the median member, 49.9% of the trades were purchases (Coldpine).
  • Counting only the bottom of each reported dollar range, the 13,713 purchases of ticker-listed assets members of Congress disclosed add up to at least $178.2 million and the 10,028 sales to at least $178.3 million, in periodic transaction reports filed from January 1, 2023 through October 29, 2026 (Coldpine).
  • In the latest 90 days of filings, reports filed from August 1, 2026 through October 29, 2026, 69 members of Congress disclosed 1,049 purchases and 1,191 sales, 46.8% purchases; without the largest filer it was 503 and 759, 39.9% (Coldpine).
  • By the year of the trade, purchases were 56.7% in 2023, 63.3% in 2024, 60.0% in 2025, 58.5% in 2026 of the purchases and sales members of Congress disclosed, as of reports filed through October 29, 2026 (Coldpine).

The count, four ways

Every periodic transaction report lists each trade as a purchase, a sale or an exchange. The table counts the purchases and the sales four ways: all of them, only those in an asset with a ticker symbol (mostly stocks and exchange-traded funds, leaving out bonds, Treasuries and private holdings), all of them without the largest filer, and those in the latest 90 days of filings. Trades in a spouse’s or dependent child’s account are on the member’s report and are counted with it.

Reports filed through Oct 29PurchasesSalesShare purchases
All purchases and sales17,46811,85559.6%
With a ticker symbol13,71310,02857.8%
Without the largest filer8,6547,63053.1%
Filed in the latest 90 days (from Aug 1)1,0491,19146.8%
Latest 90 days, without the largest filer50375939.9%

The largest filer is Rohit Khanna (D-CA), whose reports list 8,814 purchases and 4,225 sales, 67.6% purchases. That one household is 50% of every purchase on record and 36% of every sale, so the total for Congress leans the way its reports lean. The other 219 members with a purchase or a sale on record disclosed 8,654 purchases and 7,630 sales between them. The full ranking by number of trades is in the most active stock traders in Congress.

Member by member

Counting each member once gives a different picture from counting each trade once. 220 members have at least one purchase or sale on record, and 122 have 10 or more. Among those 122, 59 disclosed more purchases than sales, 61 disclosed more sales than purchases, and 2 disclosed the same number of each. For the median member in that group, 49.9% of the trades were purchases. Across all 220, 27 have only purchases on record and 57 have only sales.

Year by year

The table groups the same purchases and sales by the year the trade was made. 2026 is incomplete: members have up to 45 days to report a trade, and some report later, so recent months are still filling in. Senate reports enter Coldpine’s record in January 2026, which adds senators to the latest year and not to the earlier ones.

Year of tradePurchasesSalesShare purchasesWithout the largest filer
20233,7402,85756.7%50.9% (1,618 / 1,558)
20244,4042,54963.3%50.8% (1,731 / 1,674)
20255,2323,48560.0%51.1% (2,304 / 2,208)
20263,7382,65758.5%58.6% (2,679 / 1,890)

By dollar range

A filing gives each trade a dollar range, not an amount, so the dollars can only be bounded. Taking the bottom of every range, the 13,713 purchases of ticker-listed assets come to at least $178.2 million and the 10,028 sales to at least $178.3 million: on that measure the sales add up to more than the purchases. Without the largest filer the floors are $158.1 million bought and $169.7 million sold. The true totals are higher on both sides and the gap between them is not known, because a trade reported as $1,001 to $15,000 could be either end of that range. Assets without a ticker are left out of this measure because a few very large entries, such as money market funds and private partnerships reported at over $50 million, would outweigh everything else. The ranges themselves are counted in how big Congress’s stock trades are.

By party

92 Democrats disclosed 11,361 purchases and 6,782 sales, 62.6% purchases. 123 Republicans disclosed 6,104 purchases and 5,056 sales, 54.7% purchases. The largest filer is one of the Democrats; without that filer the party’s count is 2,547 purchases and 2,557 sales, 49.9% purchases. What each party’s purchases did afterward is measured in do Democrats or Republicans trade stocks better.

What this does and does not show

The number of purchases against the number of sales describes what the reports list. It is not a reading of what members expect from the market. A purchase reported at over $1 million counts the same as one reported at $1,001, an account that buys in many small lots lists a line for each, and a member who sells one large position files a single line. A person who holds stocks for years also has to buy before selling, so a record that starts in 2023 catches some purchases whose sales have not happened yet. What the sold stocks went on to do is measured separately in does Congress sell before the drop, and what the purchases did in does Congress beat the stock market. Which stocks were bought by the most members on the latest reports is in what stocks Congress is buying right now. 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, 2023 through October 29, 2026. Coldpine’s House record goes back to January 2023 and its Senate record begins with reports filed in January 2026. Each line a report marks as a purchase or a sale counts once, whatever its size. The 167 lines marked as exchanges are left out. Members are counted per person, and a member who appears under two spellings is counted once. The year table uses the trade date and covers trades dated from January 1, 2023; trades with an earlier date or no readable date are in the totals and not in that table. The latest 90 days are counted by the date the report was filed, whenever the trade took place. Dollar floors add the lower bound of each reported range over transactions with a ticker symbol; 281 of those have no readable range and add nothing. 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.

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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.