Congress Trading Report: Q1 2026 Biggest Buys
How to read Congressional trading disclosures under the STOCK Act — where the historical edge comes from, and how to tell signal from noise.
The STOCK Act requires US members of Congress to disclose trades within 45 days of execution. This guide explains how to read that flow — where the edge historically comes from, and how to tell a meaningful pattern from noise. The sector table below is an illustrative example of how you'd summarise a quarter's disclosures, not live filing data; for current filings, use the primary disclosure sources.
Why Track Congressional Trading?
A 2004 study in the Journal of Financial and Quantitative Analysis found that US senators outperformed the market by 12.3% annually. A 2011 paper by Ziobrowski et al. found house members outperformed by 6% annually. Despite the STOCK Act's disclosure requirements, the informational edge from committee memberships and regulatory intelligence likely persists, albeit reduced.
| Sector | Buys | Sells | Net Bias |
|---|---|---|---|
| Defence / Aerospace | 47 | 12 | Strong Buy |
| Semiconductors | 38 | 31 | Slight Buy |
| Healthcare | 29 | 44 | Net Sell |
| Energy | 22 | 19 | Neutral |
The Caveats
Congressional trading is not a direct buy signal. Members may be selling to diversify, meet liquidity needs, or satisfy disclosure obligations. The strongest signal comes when multiple members from the same committee buy within a short window — clustering similar to insider cluster signals in corporate markets. Use congressional flows as a corroborating data point, not a primary screen.
Andrew Waterhouse is the founder of DipBuster, which he built to give UK retail investors the insider-filing data, net-net screens and dip signals that professional desks take for granted. He writes about value investing, market structure, and the reasoning behind each DipBuster tool.
Disclaimer: Not financial advice. DipBuster is an information platform. Always do your own research before investing.