$15M and It's Not Even Close: Chip Roy Leads Congress's Buyers

One trade, one member, $15 million. The rest of the top 10 combined didn't come close.

By Beltway Alpha · Edited by Sean Baptiste · Published 2026-05-14

Chip Roy filed a single purchase worth $15 million at midpoint over the last 30 days, top-concentrated in $INCAESI, and lapped the field so thoroughly that number two on this list looks like a rounding error. Michael McCaul came in second with $374K across 23 trades, which would be a lot of activity for most people and is barely a footnote here. These are purchase volumes only, sales excluded, using STOCK Act range midpoints, which means anything filed as 'over $50 million' gets recorded conservatively. The 30-day window is the window.

#10 Tony Wied

1 disclosed purchases totaling $8K at midpoint over the last 30 days. Top concentration: $FUNDFIHBX.

One purchase, $8K, in $FUNDFIHBX, a fixed-income mutual fund share class. Wied is a Wisconsin freshman. Eight thousand dollars in a bond fund is the congressional equivalent of putting your emergency savings in a high-yield account. Nothing to see. Move along.

#9 Bob Latta

1 disclosed purchases totaling $8K at midpoint over the last 30 days. Top concentration: $FMAO.

One purchase, $8K, in $FMAO, which is Farmers & Merchants Financial Group, a small Ohio-based bank holding company. Latta represents northwest Ohio. A sitting member buying a regional bank stock in his own district is the kind of thing that either means nothing or means something, and the STOCK Act doesn't require you to explain which.

#8 Chuck Fleischmann

4 disclosed purchases totaling $32K at midpoint over the last 30 days. Top concentration: $ETFSPYG.

Four purchases, $32K, Fleischmann's concentration in $ETFSPYG, which is the S&P 500 Growth ETF. An index fund is the most defensible thing anyone on this list bought. It's also not very interesting, which, in this context, is the highest compliment available.

#7 David Taylor

4 disclosed purchases totaling $32K at midpoint over the last 30 days. Top concentration: $HD.

Four purchases, $32K, top concentration in Home Depot. Taylor represents a Pennsylvania district. There is no obvious legislative angle here, which is either reassuring or just means the angle isn't obvious yet.

#6 Gary Peters

2 disclosed purchases totaling $40K at midpoint over the last 30 days. Top concentration: $PEP.

Two purchases, $40K, top holding in PepsiCo. Peters is a Michigan Democrat in a competitive seat who announced he won't seek re-election. A quiet $40K in a beverage giant is either a retirement play or the most boring entry on this list. Possibly both.

#5 Ro Khanna

3 disclosed purchases totaling $48K at midpoint over the last 30 days. Top concentration: $JPM.

Three purchases, $48K, heaviest in JPMorgan Chase. Ro Khanna has spent considerable floor time criticizing the financial sector's influence over policy. His portfolio is, apparently, a separate matter.

#4 April McClain Delaney

11 disclosed purchases totaling $112K at midpoint over the last 30 days. Top concentration: $TDG.

Eleven purchases totaling $112K, with TransDigm Group leading the concentration. TransDigm makes aerospace components, largely for defense. McClain Delaney is a freshman Democrat. Eleven trades in 30 days suggests someone who is either very confident or very busy, and the defense-sector tilt is the detail worth bookmarking.

#3 Maria Elvira Salazar

7 disclosed purchases totaling $130K at midpoint over the last 30 days. Top concentration: $CARR.

Seven purchases, $130K, top concentration in $CARR, which is Carrier Global, the HVAC and building technology company. Salazar sits on no committee with obvious jurisdiction over commercial HVAC. The Venn diagram is not a perfect circle, but it's not two separate circles either.

#2 Michael McCaul

23 disclosed purchases totaling $374K at midpoint over the last 30 days. Top concentration: $INCALH.

Twenty-three purchases, $374K, and McCaul still finishes $14.6 million behind first place. To his credit, he's diversified, with $INCALH leading concentration. To his detriment, he still filed 23 trades in a month, which is a pace most active retail investors would find exhausting for someone also casting votes on the House floor.

#1 Chip Roy

1 disclosed purchases totaling $15.0M at midpoint over the last 30 days. Top concentration: $INCAESI.

One disclosed purchase. Fifteen million dollars. $INCAESI is an interval fund tied to private equity, which means Chip Roy just dropped the kind of money that requires an accredited-investor checkbox into something most of his constituents have never heard of. The calendar says this cleared in the last 30 days. The range midpoint says $15M. The top range on the STOCK Act form is 'over $50 million,' so this could be larger.

Ten members. Roughly $16 million in combined disclosed purchase volume over 30 days, with one person accounting for 94 cents of every dollar on this list. These are the people who receive classified intelligence briefings as a routine part of their jobs and also, separately, file stock disclosures.

The receipts are public. Make of them what you make of them.

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$15M and It's Not Even Close: Chip Roy Leads Congress's Buyers

One trade, one member, $15 million. The rest of the top 10 combined didn't come close.