Who Trades the Most Stocks in Congress? The 2026 Disclosure Data
Every trade made by a member of Congress, and by senior executive-branch officials, has to be disclosed. The filings are public, they are free, and almost nobody reads them, because they arrive as thousands of individual PDFs with no totals attached.
So we add them up. Below is the last twelve months of disclosed equity transactions, ranked by estimated value, rebuilt from the filings each time this page loads.
Who moved the most money
| # | Filer | Disclosed trades | Estimated value |
|---|---|---|---|
| 1 | Donald J Trump | 4,732 | $615.1m |
| 2 | John Phelan | 76 | $52.0m |
| 3 | Kevin Warsh | 60 | $43.8m |
| 4 | Scott H. Peters | 98 | $34.9m |
| 5 | Jared Isaacman | 2 | $30.0m |
| 6 | Alan Armstrong | 703 | $25.0m |
| 7 | David H McCormick | 130 | $24.3m |
| 8 | Jefferson Shreve | 2 | $18.0m |
| 9 | Scott A Kupor | 10 | $17.6m |
| 10 | Markwayne Mullin | 90 | $9.7m |
Why the values say "estimated"
This is the single most important thing to understand about this data, and the number of articles that skip it is remarkable.
A disclosure does not report an amount. It reports a band. A filer ticks a box: \$1,001 to \$15,000, or \$100,001 to \$250,000, or "over \$50,000,000". Every value in the table above is the midpoint of the bands filed, which is the only defensible way to add different-sized boxes together, and it is still an estimate. A filer who sat at the bottom of every band would total far less than we show. One who sat at the top would total far more.
That is not a flaw in our arithmetic. It is the resolution of the source, and any site quoting these totals to the dollar without saying so is telling you something the filings do not know.
Three things a ranking like this cannot tell you
- Volume is not skill, and it is often not even a decision. A high trade count frequently reflects a managed account, a blind trust, or an adviser rebalancing on a schedule. The filer's name is on it because the law requires it, not because they chose the trade.
- Position size is not conviction. A large filer can trade a large amount and barely move their own allocation. We publish the value because it is what is filed, not because it maps to belief.
- A late filing is not a scandal on its own. The STOCK Act sets 45 days. Filings do run late, and they also get amended for ordinary reasons: a corrected ticker, a re-filed joint account.
The more interesting question
Who trades most is a leaderboard. What several of them bought in the same window is closer to a signal, because it takes independent decisions to line up.
Cross-member buying is worth more of your attention than any individual's total. One person buying a stock is a person buying a stock. Five separate offices filing the same name inside a few months is at least a question worth asking.
How to read the raw filings yourself
Nothing here is proprietary. The disclosures are published by the Clerk of the House and the Secretary of the Senate, and the executive-branch filings by the Office of Government Ethics. What we add is aggregation, the ticker mapping, and the arithmetic on the bands.
Browse every disclosed trade, filer by filer and stock by stock, free and with no account.
Educational information, not financial advice. Every figure on this page is read from the source filings when the page loads, not written into the article, so what you are reading is today's data and not a snapshot of the day it was published.
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