Top Trades from Congress: March Edition

Good Morning,

Welcome to another edition of Market Intel, where we break down financial data into easy-to-digest insights. In today’s edition, we’re diving into the trading activity of U.S. lawmakers—yes, the folks who write the rules are also playing the game. From big bets on Microsoft and Broadcom to strong convictions in Eli Lilly and Block, we're connecting the dots between political portfolios and the underlying business fundamentals. Whether it’s timing, trend-following, or just suspiciously good luck, these trades are worth a closer look.

And with that, welcome to Market Intel!

LARGEST CONGRESS PURCHASES FOR THE MONTH OF MARCH

While the average retail investor is watching CPI prints and Fed speeches, members of Congress are quietly making moves in the market. Here's a breakdown of some of their latest trades—and what they might be signaling.

When politicians buy tech, we watch. Democratic Rep.

Josh Gottheimer recently scooped up $1–5 million worth of Microsoft stock, a sizeably bold bet compared to his peers. That trade stands out not just for its size, but its timing—disclosed 21 days after the transaction on March 7th, during a strong AI and cloud-driven run for MSFT.

Meanwhile, other House members kept things a bit more modest, sticking mostly to the $50k–$100k range. Tim Moore (R-NC) is the most prolific trader of the bunch, with multiple buys across TNA, Ford, and Harley-Davidson (HOG)—a portfolio that screams, “I like leverage, trucks, and torque.” His dozen or so trades suggest he's either managing his own hedge fund… or just having a little too much fun.

On the other side of the aisle, Rep. Jefferson Shreve (R-IN) is quietly loading up on energy (XOM), industrials (GE), and chipmakers (AVGO), revealing a barbell approach between value and high-beta growth.

Big tech and semis (MSFT, AMD, AVGO, SQ) dominated the larger $100k–$250k buys, while more traditional names like Ford and GE showed up in the mid-tier. The overlap across names and timing suggests more than coincidence—whether these are educated bets or just vibes-based investing, the political class clearly isn't sitting on the sidelines.

Congressional Trade Highlights

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