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TAP
Ticker

TAP

Congressional Trades
19
by 4 members
Ticker Intelligence Brief

Who in Congress traded TAP, when, and what happened after?

A ticker-first view for retail/data users: latest disclosure, largest range, disclosure lag, party flow, contracts, lobbying, and source-linked receipts.

Latest receipt
Gilbert Cisneros
SELL · 2026-03-13
Largest range
$100K – $250K
John Hoeven
Slowest filing
41d
Gilbert Cisneros
Best vs SPY
-11.6%
Julie Johnson
Buys
7
37%
Sells
12
63%
Total Volume
$319K
midpoint
Unique Traders
4
members

Party Breakdown

Democrats18 · 95%
Republicans1 · 5%

Party Trading Divergence

Democrat vs. Republican buy / sell pressure by monthMODERATE

Bar length = total trades. Color = net sentiment — green = net buying, red = net selling. Months with no activity hidden.

Democrat ←
Month
→ Republican
01
Feb '24
2
May '24
1
Jul '24
02
Aug '24
01
Feb '25
01
Jul '25
2
Aug '25
04
Sep '25
2
Nov '25
02
Mar '26
Democrats711Net sellers
vs
Republicans00Neutral
Net buyingNet selling⚡ Party split

Congressional Momentum

buy vs. sell pressureDISTRIBUTING

Score 0–100: above 50 = net buying pressure, below 50 = net selling. Signal based on last 90 days.

Last 30 Days
No trades
Last 90 Days
No trades
All-Time
18
7 buys19 total12 sells
$56K buys · $263K sells
Cumulative Net Position (buy vol − sell vol)
-$207K
2018-1219 trades plotted2026-03

Best Timers

avg excess return vs SPY · TAP trades only3 members w/ alpha data

Excess return = stock price change minus SPY change over the same holding window.Congress avg: -27.8%· 0% of traders beat SPY on this name

Top Alpha Generators
D:3House:3
underperformed SPY|beat SPY
1st
D
Julie Johnson
-11.6%
1×
2nd
D
Gilbert Cisneros
-20.0%
4×
3rd
D
Ro Khanna
-51.6%
8×
Worst Timers
bottom 3 by avg excess return
underperformed SPY|beat SPY
D
Ro Khanna
-51.6%
8×
D
Julie Johnson
-11.6%
1×
Worst single trade: Ro Khanna (-74.4%)Best single trade: Julie Johnson (+-11.6%)

Timing Fingerprint

filing delay vs. excess return over SPY · 13 tradesCongress avg -38.8% vs SPY

Each dot = one disclosed trade. X-axis = days between trade and STOCK Act filing.Y-axis = return above (or below) SPY over the subsequent holding window. Upper-right = late filers who beat the market.

LATE + BEAT SPY0 tradesQUICK + BEAT SPY0 tradesQUICK + TRAILEDLATE + TRAILED-82%-41%0%+41%+82%median 26d0d10d20d30dGilbert Cisneros (D) · 2026-03-13 · sell · 26d delay · -25.4% vs SPY · $8KGilbert Cisneros (D) · 2026-03-13 · sell · 25d delay · -12.1% vs SPY · $8KGilbert Cisneros (D) · 2025-11-18 · buy · 27d delay · -15.8% vs SPY · $8KJulie Johnson (D) · 2025-09-25 · sell · 12d delay · -11.6% vs SPY · $8KGilbert Cisneros (D) · 2025-08-05 · buy · 38d delay · -26.5% vs SPY · $8KRo Khanna (D) · 2025-07-01 · sell · 37d delay · -28.2% vs SPY · $8KRo Khanna (D) · 2025-02-25 · sell · 9d delay · -49.5% vs SPY · $8KRo Khanna (D) · 2024-08-05 · sell · 32d delay · -54.1% vs SPY · $8KRo Khanna (D) · 2024-08-02 · sell · 35d delay · -52.7% vs SPY · $8KRo Khanna (D) · 2024-07-01 · buy · 37d delay · -46.1% vs SPY · $8KRo Khanna (D) · 2024-05-29 · buy · 7d delay · -54.7% vs SPY · $8KRo Khanna (D) · 2024-05-28 · buy · 8d delay · -53.6% vs SPY · $8KRo Khanna (D) · 2024-02-13 · sell · 22d delay · -74.4% vs SPY · $8KFiling Delay (days)Excess Return vs SPY
0% of trades beat SPYavg excess -38.8%avg delay 24d5 buys8 sellsBuySellOther· dot size ∝ trade size

Trade Activity Timeline

Congressional buys & sells by month · last 11 months w/ activity

18/12
24/02
24/05
24/07
24/08
25/02
25/07
25/08
25/09
25/11
26/03
BuysSellsOtherHigh-volume month

Who Moved First

each row = one member · sorted by earliest disclosed trade
2 buyers ·4 sellers
202420252026RJohn Hoeven1×2018-12-27 · sell · $175KDRo Khanna8×2024-02-13 · sell · $8K2024-05-28 · buy · $8K2024-05-29 · buy · $8K2024-07-01 · buy · $8K2024-08-02 · sell · $8K2024-08-05 · sell · $8K2025-02-25 · sell · $8K2025-07-01 · sell · $8KDGilbert Cisneros7×2025-08-05 · buy · $8K2025-08-05 · buy · $8K2025-09-05 · sell · $8K2025-11-18 · buy · $8K2025-11-18 · buy · $8K2026-03-13 · sell · $8K2026-03-13 · sell · $8KDJulie Johnson3×2025-09-25 · sell · $8K2025-09-25 · sell · $8K2025-09-25 · sell · $8K
BuySellOtherDot size ∝ trade size · top 4 most-active traders shown

Seasonal Rhythm

Congress buy/sell pressure by month & year

Each cell = one calendar month. Green = net Congress buying, red = net selling. Intensity ∝ consensus strength. Hover for details.

JanFebMarAprMayJunJulAugSepOctNovDec20262026-01: 0▲ 0▼2026-02: 0▲ 0▼2026-03: 0▲ 2▼ · $0.0M22026-04: 0▲ 0▼2026-05: 0▲ 0▼2026-06: 0▲ 0▼2026-07: 0▲ 0▼2026-08: 0▲ 0▼2026-09: 0▲ 0▼2026-10: 0▲ 0▼2026-11: 0▲ 0▼2026-12: 0▲ 0▼20252025-01: 0▲ 0▼2025-02: 0▲ 1▼ · $0.0M12025-03: 0▲ 0▼2025-04: 0▲ 0▼2025-05: 0▲ 0▼2025-06: 0▲ 0▼2025-07: 0▲ 1▼ · $0.0M12025-08: 2▲ 0▼ · $0.0M22025-09: 0▲ 4▼ · $0.0M42025-10: 0▲ 0▼2025-11: 2▲ 0▼ · $0.0M22025-12: 0▲ 0▼20242024-01: 0▲ 0▼2024-02: 0▲ 1▼ · $0.0M12024-03: 0▲ 0▼2024-04: 0▲ 0▼2024-05: 2▲ 0▼ · $0.0M22024-06: 0▲ 0▼2024-07: 1▲ 0▼ · $0.0M12024-08: 0▲ 2▼ · $0.0M22024-09: 0▲ 0▼2024-10: 0▲ 0▼2024-11: 0▲ 0▼2024-12: 0▲ 0▼20182018-01: 0▲ 0▼2018-02: 0▲ 0▼2018-03: 0▲ 0▼2018-04: 0▲ 0▼2018-05: 0▲ 0▼2018-06: 0▲ 0▼2018-07: 0▲ 0▼2018-08: 0▲ 0▼2018-09: 0▲ 0▼2018-10: 0▲ 0▼2018-11: 0▲ 0▼2018-12: 0▲ 1▼ · $0.2M1
Net buyingNet sellingNo trades · number = trade count
Peak buy month: May · Peak sell month: Sep

Congressional Conviction Timeline

net positioning · alpha track recordBEARISH
7 buys12 sellscumulative α -196.6%11mo tracked
Monthly Net Flow (Buys − Sells)
+4-402018-12: -1 net (0B / 1S)2024-02: -1 net (0B / 1S)2024-05: +2 net (2B / 0S)2024-07: +1 net (1B / 0S)2024-08: -2 net (0B / 2S)2025-02: -1 net (0B / 1S)2025-07: -1 net (0B / 1S)2025-08: +2 net (2B / 0S)2025-09: -4 net (0B / 4S)2025-11: +2 net (2B / 0S)2026-03: -2 net (0B / 2S)Dec 18May 24Aug 24Jul 25Sep 25Mar 26
Cumulative Excess Return on Congressional Buys vs SPY
-196.6%0%-197%0%

All Disclosed Trades

DateMemberActionAmountFiling DelayReceipt
2026-03-13DGilbert CisnerosSELL$1K – $15K26dreceipt →
2026-03-13DGilbert CisnerosSELL$1K – $15K25dreceipt →
2025-11-18DGilbert CisnerosBUY$1K – $15K28dreceipt →
2025-11-18DGilbert CisnerosBUY$1K – $15K27dreceipt →
2025-09-05DGilbert CisnerosSELL$1K – $15K38dreceipt →
2025-09-25DJulie JohnsonSELL$1K – $15K13dreceipt →
2025-09-25DJulie JohnsonSELL$1K – $15K12dreceipt →
2025-09-25DJulie JohnsonSELL$1K – $15K12dreceipt →
2025-08-05DGilbert CisnerosBUY$1K – $15K41dreceipt →
2025-08-05DGilbert CisnerosBUY$1K – $15K38dreceipt →
2025-07-01DRo KhannaSELL$1K – $15K37dreceipt →
2025-02-25DRo KhannaSELL$1K – $15K9dreceipt →
2024-08-05DRo KhannaSELL$1K – $15K32dreceipt →
2024-08-02DRo KhannaSELL$1K – $15K35dreceipt →
2024-07-01DRo KhannaBUY$1K – $15K37dreceipt →
2024-05-29DRo KhannaBUY$1K – $15K7dreceipt →
2024-05-28DRo KhannaBUY$1K – $15K8dreceipt →
2024-02-13DRo KhannaSELL$1K – $15K22dreceipt →
2018-12-27RJohn HoevenSELL$100K – $250K1705dreceipt →