Congressional Stock Trades: Additional July 2026 STOCK Act Disclosures from Reps. Fields & Morrison
Additional STOCK Act filings reveal Reps. Cleo Fields (TSM purchase) and Kelly Morrison (HONAV spin-off exchange) alongside previously reported trades from Liccardo, Moskowitz, and Biggs in July 2026.
What Happened
Recent congressional stock trade filings under the STOCK Act reveal additional notable activity beyond previously reported disclosures. While earlier reports covered trades from Representatives Sam Liccardo, Jared Moskowitz, and Sheri Biggs, new filings have emerged showing positions held by Rep. Cleo Fields (House/D) and Rep. Kelly Morrison (House/D).
These disclosures expand the picture of congressional trading in mid-2026, revealing concentrated interest in semiconductor stocks and a significant spin-off transaction.
Key New Disclosures:
Rep. Cleo Fields (House/D) — TSM Purchase - Ticker: TSM (Taiwan Semiconductor Manufacturing Company Ltd.) - Transaction Type: Purchase - Disclosed Size Range: $1,001 - $15,000 - Trade Date: July 10, 2026 - Disclosure Date: July 30, 2026
Rep. Kelly Morrison (House/D) — HONAV Exchange Transaction - Ticker: HONAV (Honeywell Aerospace Inc. - Common Stock) - Transaction Type: Exchange (acquired when certain Honeywell International Inc. shares were exchanged for Honeywell Aerospace spin-off shares) - Disclosed Size Range: $15,001 - $50,000 - Trade Date: June 29, 2026 - Disclosure Date: July 30, 2026
Previously Reported Trades (for Context):
Rep. Sam Liccardo (House/D) — NVIDIA Sale - Ticker: NVDA (NVIDIA Corporation - Common Stock) - Transaction Type: Sale - Disclosed Size Range: $15,001 - $50,000 - Trade Date: July 21, 2026 - Disclosure Date: July 27, 2026
Rep. Jared Moskowitz (House/D) — Multiple Tech Purchases - Ticker: AMAT (Applied Materials, Inc.) - Transaction Type: Purchase (multiple transactions) - Disclosed Size Range per transaction: $1,001 - $15,000 - Trade Date: June 18, 2026 - Disclosure Date: July 26, 2026
Why It Matters
These additional disclosures highlight two important patterns:
1. Semiconductor Sector Concentration
Rep. Cleo Fields' purchase of Taiwan Semiconductor (TSM) joins Rep. Sam Liccardo's NVIDIA position and Rep. Jared Moskowitz's Applied Materials stake in a clear congressional bet on the semiconductor industry. All three lawmakers hold positions in different segments of the chip value chain: - NVIDIA: AI and GPU computing leader - Taiwan Semiconductor: Leading foundry manufacturer - Applied Materials: Semiconductor equipment provider
This concentration suggests congressional investors see semiconductors as a core growth theme, regardless of party affiliation.
2. Corporate Spin-Off Activity
Rep. Kelly Morrison's HONAV transaction represents a different type of congressional trading activity: the Honeywell Aerospace spin-off. When companies split into separate entities, shareholders receive shares in the new company in exchange for their old holdings. This "exchange" transaction is distinct from traditional buy/sell activity and represents exposure to Honeywell's aerospace operations through a newly created ticker (HONAV).
The size range of $15,001 - $50,000 indicates this was a significant position, likely representing Morrison's existing Honeywell International holdings being restructured.
What to Watch
- Semiconductor Position Correlation: Whether congressional traders are coordinating or independently building semiconductor exposure
- Spin-Off Activity: Additional corporate restructuring events that may trigger similar exchange transactions
- Disclosure Discipline: All STOCK Act filings must be made within 45 days of the trade; monitoring compliance remains important
- Sector Rotation: Any shifts away from technology toward other sectors in subsequent filings
By the numbers
Source snapshot
This article reports public disclosures filed under the STOCK Act. It is informational reporting of mandated congressional filings, not financial advice.
Sources: - https://www.quiverquant.com/congresstrading/