Josh Gottheimer introduced a bill this week to reauthorize the National Police Athletic/Activities League Youth Enrichment program, a feel-good move that will generate approximately zero controversy and approximately zero scrutiny. What might generate slightly more of the latter: the congressman's disclosure filings show 55 stock trades in the last 90 days, a pace that would be aggressive for a hedge fund analyst, let alone a sitting member of the House Financial Services Committee and the House Permanent Select Committee on Intelligence. The trades include a cluster of tech and semiconductor names that sit squarely in the oversight remit of those committees. The filings are public. The committee assignments are public. The math is yours to run.
The Bill of the Day
H.R. 9059 is the kind of legislation that exists so a member can have something to announce on a slow news day. Youth sports funding. Hard to oppose. Easy to clip for the district newsletter. Gottheimer represents New Jersey's 5th, a swing-ish district that requires him to look busy and bipartisan at all times, and a bill reauthorizing a youth athletics league checks that box cleanly.
Meanwhile, on Bluesky, the conversation around Gottheimer this week is running a bit hotter. Users are circulating his name in connection with foreign-linked donations and intraparty friction, though nothing in those posts carries a public sourcing trail that Blind Trust can verify. What we can verify is the disclosure record. And that record is busy.
Fifty-Five Trades in Ninety Days
That's not a typo. Fifty-five disclosed trades in 90 days. The STOCK Act requires disclosure within 45 days of a transaction. Gottheimer is complying. He's also trading at a volume that makes compliance a part-time job.
The recent filings cluster heavily in tech and semiconductors. On May 19 alone, he sold Microsoft in two tranches totaling somewhere between $750,000 and .5 million, then bought Microsoft back in two tranches totaling somewhere between $750,000 and .5 million. Same stock. Same day. In and out. Whatever the reason, that's between .5 million and $3 million in Microsoft moving through his account on a single Tuesday.
Two days later, on May 21, he purchased Micron Technology (ticker: MU) in the ,000-5,000 range. On May 19, he bought Analog Devices (ADI). On May 22, he picked up Lumentum Holdings (LITE). On May 5, he added Advanced Micro Devices (AMD).
See the pattern? Because the committee assignments make the pattern worth naming.
The Committee Overlap Problem
Gottheimer sits on the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. He also sits on the House Permanent Select Committee on Intelligence, specifically the subcommittees covering the NSA and cyber, and defense intelligence. These are the rooms where the federal government's relationship with technology companies gets shaped: AI policy, cybersecurity contracts, chip export controls, surveillance infrastructure.
Public filings flag five trades in Gottheimer's record that carry committee overlap on technology: Micron purchased May 21 (up 28.8% in the 30 days after), Nvidia purchased June 2025 (up 12.9%), two Microsoft tranches purchased in March 2026 (up 8.4%), and Intuit sold in February 2026 (up 8.0% after the sale, meaning the sale looked smart in hindsight too).
The Micron trade is the one that raises eyebrows the most. Micron is a semiconductor company whose fortunes are directly tied to export control policy, AI infrastructure investment, and federal procurement decisions, all subjects over which Gottheimer's committees have direct oversight. He bought it on May 21. It's up nearly 29% in the 30 days since. That's a good trade. Whether it's a coincidence is a question the filings can't answer.
Members are required to disclose. They are not required to divest, recuse, abstain, or experience any visible discomfort about the overlap. That's the rule. Yes, really.
The Floor Votes
On May 20, Gottheimer voted yes on the American Access to Banking Act (H.R. 4544), the Community Bank Deposit Access Act of 2025 (H.R. 5317), and the Keeping Deposits Local Act (H.R. 3234), all of which passed. These are banking-sector bills, and banking regulation sits inside the actual remit of the House Financial Services Committee. His vote on those bills is a committee-level vote, not just a floor exercise.
His disclosed trades don't show a direct bank-stock overlap with those specific votes in the same window. No flagged vote-trade overlap on the banking bills. That absence is worth noting for accuracy: the story here is the tech overlap, not the banking votes.
On May 21, Gottheimer voted against the Veterans 2nd Amendment Protection Act (H.R. 1041), which passed over his objection. That one has nothing to do with his portfolio. Included for completeness.
The Alpha Record: Honest Accounting
130 trades scored. 56 positive. 74 negative. Mean 30-day alpha across the full sample: negative 0.1%. In other words, across the full record, Gottheimer's trades have slightly underperformed the S&P 500 on average. The AMD wins are real: three separate AMD purchases in April and May returned 45.6%, 42.4%, and 41.9% in 30-day alpha respectively. Those are genuinely striking numbers.
But the AMD trades have no flagged committee overlap. They look like good stock picks. They don't look like anything more specific than that, based on what the filings show.
The worst trades are equally instructive. A sale of TSCO in April cost him 38.1 points of alpha (the stock went up after he sold it). A PHR sale in March cost 27.2 points. A BWIN sale in September cost 22.3 points. The filings paint the picture of someone who is extremely active, occasionally brilliant on specific names, and running slightly below market on the aggregate. It's a profile.
The committee-overlap trades are the separate question. Five flagged trades, all positive, on tech names sitting inside the Digital Assets, FinTech, and AI subcommittee's jurisdiction. The mean alpha on that specific subset runs considerably hotter than the portfolio average. Whether that's expertise, attention, or something the filings can't explain, the public record doesn't say.
The Velocity Is the Tell
Fifty-five trades in 90 days works out to roughly one trade every 1.6 days, including weekends. For context, a professionally managed separately managed account might turn over positions a few times a year. An active retail day-trader might hit those numbers. A sitting congressman with committee assignments covering digital assets and cyber intelligence trading at that velocity is a specific category of thing.
The Microsoft same-day buy-sell-buy pattern on May 19 is particularly hard to explain away as passive index rebalancing. That's active portfolio management on a name that sits in his committee's technology jurisdiction, executed in tranches that total somewhere between .5 million and $3 million on one day.
None of this is an accusation. The trades are disclosed. The timing is the timing. The committee assignments are the committee assignments. Gottheimer's office can explain the Microsoft churn, the semiconductor accumulation, and the overall pace whenever they'd like. The filings will still be there.
Bottom Line
The bill of the day is about youth sports. The story of the day, if you follow the disclosures, is a congressman on the technology and intelligence oversight committees who has executed 55 trades in 90 days, accumulated semiconductor exposure including a Micron purchase that's up nearly 29% in 30 days, and run a same-day Microsoft round-trip worth potentially seven figures.
The full record is up at Blind Trust's Gottheimer page. The receipts are public. Make of them what you make of them.