Pelosi Drops Out of Congress's Top 5 Richest

Plus: a congressman filed 4 stock trades in one day, and SoFi's CEO keeps buying his own stock.

THE QUIVER QUANT

EXECUTIVE SUMMARY

Lead story: Rep. Rick Larsen (D-WA) filed 4 stock trades in a single day, including purchases of Amphenol and McKesson. Rep. Virginia Foxx (R-NC) disclosed trades in Ellington Financial preferred stock. Full breakdown below.

Congress trading leaderboard: Doug LaMalfa (R) at +11.61%. Ted Cruz (R) at +8.38%. Thom Tillis (R) was the biggest loser at -28.48%. Full leaderboard below.

Insider trading: SoFi (SOFI) CEO bought 3 times since March. Intuit (INTU) director committed $542K. Combined: $2.3M in personal open-market purchases.

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This Week's Deep Dive

Alexandra Merz told Bloomberg she's skipping the SpaceX IPO because she expects Tesla to acquire SpaceX outright. We dug into the 13F filings and options chain data. Institutional investors are quietly loading up on Jan/Jun 2027 call options at concentrations that suggest someone knows something. Or thinks they do See the full breakdown

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Notable government contract awards filed in the past week:

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