Sen. Mark Warner led a group of five members whose recent trading velocity jumped well beyond normal levels. The Virginia Democrat recorded 43 trades over the latest 90 days against a monthly baseline of just 1.28, producing a velocity z-score of 6.87. Across the full tracked period he logged 136 transactions.
Rep. Maria Elvira Salazar of Florida posted the second-highest spike at 5.97, executing 37 trades in the same window versus her 1.88 monthly baseline. Rep. Ed Case of Hawaii followed closely with a 5.95 z-score on three trades against a 0.2 baseline. Sen. Tina Smith of Minnesota and Rep. Gilbert Cisneros of California rounded out the list, each showing velocity z-scores above 3.9 and trade counts that materially exceeded prior monthly averages.
The filings point to a mix of ETF rebalancing and individual stock purchases concentrated between March and mid-April 2026. Warner disclosed sales of IWF and IWD alongside buys in MSFT and WFC. Salazar added positions including CARR, URI, and UNH. Case’s activity centered on recurring AAPL dividend reinvestments. These clusters arrived after quieter periods for several of the members and coincided with broader market swings in technology and financial names.
The data does not reveal motives, yet the timing of the velocity increases raises questions about what prompted the shift from prior patterns. Official periodic transaction reports remain the sole source for these disclosures.
This is data analysis, not financial advice.
This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.