In this article, we will discuss the Top 10 Stocks That Members of Congress Own.
The most sophisticated investors on Wall Street spend billions on research, analysts, and data terminals searching for an edge. But some of the most closely watched portfolios in the entire market belong not to hedge fund managers, but to the men and women sitting in the halls of Congress. That’s the fascinating and increasingly scrutinized premise behind congressional stock ownership, a topic that has exploded in public interest as retail investors, financial journalists, and market analysts alike have begun treating legislative disclosure filings with the same attention once reserved for 13F reports from elite institutional funds.
At its core, the fascination is being driven by access. Members of Congress operate at the absolute epicenter of policy, regulation, and legislative action; the very forces that can make or break entire industries overnight. They receive classified briefings, sit on powerful committees, and are among the first to understand the directional winds of government spending, regulatory crackdowns, and geopolitical priorities long before that intelligence reaches the public market. When a sitting legislator holds a significant position in a defense contractor, a semiconductor company, or a healthcare giant, the market has learned to pay attention.
At the same time, mandatory disclosure requirements under the STOCK Act have made congressional trading more transparent than ever, giving ordinary investors an unprecedented window into the portfolios of sitting legislators. Platforms tracking these filings have surged in popularity, with millions of retail investors now monitoring congressional trades in near real time, treating them as a unique and legally disclosed signal worth following.
The bottom line? Congressional stock ownership sits at the intersection of politics, policy, and market intelligence, a combination that is impossible to replicate anywhere else in the investment landscape. Whether one views it as a source of inspiration or a lens into the machinery of governance, these portfolios have become some of the most closely followed in modern finance.
With this context in mind, here are some of the top stocks that members of congress own.
Our Methodology
We used platforms such as Reddit, X, and interviews with notable individuals to identify a list of stocks that are owned by members of Congress. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds. The stocks are ranked in ascending order of their number of hedge fund holders.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Top 10 Stocks That Members of Congress Own
10. Centene Corporation (NYSE:CNC)
Number of Hedge Fund Holders: 72
On May 27, analysts at BofA added Centene Corporation (NYSE:CNC) to the firm’s prestigious “US 1 List.” The US 1 List represents Bank of America’s highest-conviction investment ideas and highlights companies that the firm believes offer particularly attractive risk-reward profiles and strong potential for outperformance.
On May 26, Barclays increased its price target on Centene Corporation (NYSE:CNC) to $75 from $63 while maintaining an Overweight rating on the shares. The firm stated that the stock price movements observed across the managed care sector following first-quarter earnings reports appear sustainable and expressed a preference for managed care companies over healthcare facilities operators. Barclays cited rising inflationary pressures and changes in commercial payer mix as growing risks for provider earnings, leading the firm to adjust its ratings and price targets across the healthcare group.
Centene Corporation (NYSE:CNC) was founded in 1984 and is headquartered in St. Louis, Missouri. It is a U.S.-managed healthcare company that primarily provides and administers health insurance programs for government-subsidized healthcare.
Centene’s inclusion on BofA’s US 1 List and the significant increase in Barclays’ price target underscore growing institutional confidence in the company’s earnings outlook and competitive positioning within the managed care industry. As healthcare providers face increasing cost pressures, Centene’s business model and strong exposure to government-sponsored healthcare programs position it to benefit from favorable industry dynamics and long-term demand growth.
9. NextEra Energy, Inc. (NYSE:NEE)
Number of Hedge Fund Holders: 74
On May 26, Barclays increased its price target on NextEra Energy, Inc. (NYSE:NEE) to $90 from $89 while maintaining an Equal Weight rating on the stock. The firm highlighted its expectation that the proposed Dominion transaction will be completed successfully and projected approximately 2.5% earnings accretion from the deal, reflecting confidence in the strategic and financial benefits associated with the acquisition.
On May 21, Morgan Stanley revised its price target on NextEra Energy, Inc. (NYSE:NEE) to $111 from $115 while reiterating its Overweight rating on the shares. As part of its April review of North American Regulated & Diversified Utilities and Independent Power Producers, the firm updated valuation assumptions across the sector, noting that utility stocks lagged the broader S&P index during the month despite maintaining favorable long-term fundamentals.
NextEra Energy, Inc. (NYSE:NEE) was founded in 1925 and is headquartered in Juno Beach, Florida. It is an electric power and energy infrastructure company in North America, sitting at the intersection of traditional utility services and the booming clean energy transition
8. Lockheed Martin Corporation (NYSE:LMT)
Number of Hedge Fund Holders: 83
On May 28, Lockheed Martin Corporation (NYSE:LMT) secured a definitized contract action valued at up to $180 million to provide international contractor logistics support services under an indefinite-delivery/indefinite-quantity agreement. The contract supports Foreign Military Sales customers and cooperative agreement partners participating in the High Mobility Artillery Rocket System and Multiple Launch Rocket System programs, with work expected to continue through May 30, 2031. The award was issued by the Army Contracting Command, with funding and work locations to be determined on a task-order basis throughout the contract period.
On the same day, Lockheed Martin Corporation (NYSE:LMT) was awarded a $200.82 million cost-plus-fixed-fee, firm-fixed-price, indefinite-delivery/indefinite-quantity contract to deliver comprehensive support services for the Surface Combat Systems Training Command’s AEGIS training requirements under Foreign Military Sales programs. The agreement covers support for allied nations, including Australia, Canada, Japan, Norway, South Korea, and Spain, encompassing program management, instructor and subject matter expert services, curriculum development, interactive training technologies, and technical documentation. The contract is expected to run through June 2031, with funding to be obligated through individual orders as they are issued, and was awarded by the Naval Air Warfare Center Training Systems Command through a non-competitive procurement process.
Lockheed Martin Corporation (NYSE:LMT) was founded in 1995 through the merger of Lockheed Corporation and Martin Marietta (tracing its earliest aviation roots to 1912) and is headquartered in Bethesda, Maryland. It is an aerospace, defense, and advanced technology company.
7. RTX Corporation (NYSE:RTX)
Number of Hedge Fund Holders: 95
On May 26, Raytheon, a subsidiary of RTX Corporation (NYSE:RTX), was awarded a firm-fixed-price contract valued at approximately $1.02 billion for the procurement of National Advanced Surface-to-Air Missile System fire units. The contract was awarded following a solicitation process conducted online, which received a single bid. Work will be carried out in Tewksbury, Massachusetts, with performance expected to continue through May 26, 2031, underscoring the long-term nature of the program and its strategic importance to air defense capabilities.
On May 18, RTX Corporation (NYSE:RTX) secured a contract from the Office of Naval Research to advance the development of sophisticated radar software for next-generation naval radar systems. Through this initiative, the company’s Advanced Technology team will create software enabling individual radar building blocks to operate independently, allowing a single radar platform to execute multiple missions simultaneously. The technology is designed to improve operational flexibility, facilitate spectrum sharing with commercial networks such as 5G, and enhance mission effectiveness. Following development, Raytheon will conduct a series of demonstrations to validate capabilities, including independent radar module control, multi-mission functionality, and spectrum-sharing performance, before transitioning the technology into operational naval systems.
RTX Corporation (NYSE:RTX) was originally founded as the American Appliance Company in 1922 and is headquartered in Arlington, Virginia. It is an American multinational aerospace and defense conglomerate that designs, manufactures, and services advanced systems for commercial airlines, militaries, and governments worldwide.
6. Walmart Inc. (NASDAQ:WMT)
Number of Hedge Fund Holders: 99
Walmart Inc. (NASDAQ:WMT) announced an important expansion of its retail media platform on May 28 through a more flexible approach to off-site advertising purchases. Walmart Connect will now allow advertisers to activate Walmart audiences and utilize closed-loop measurement across third-party platforms, beginning with integrations involving Yahoo DSP, VIZIO inventory, and Magnite’s technology platform.
On the same day, Walmart Inc. (NASDAQ:WMT) announced the expansion of its 30-minute-or-less delivery service across 33 U.S. markets, significantly strengthening its e-commerce and last-mile delivery capabilities. Customers can now access more than 100,000 eligible products through the rapid-delivery program, including groceries, household essentials, electronics, health products, pet supplies, and prescription medications. During the first quarter alone, Walmart completed millions of deliveries within 30 minutes across more than 19,000 ZIP codes, highlighting the growing consumer demand for convenience and the company’s ability to leverage its extensive store network to meet that demand.
Walmart Inc. (NASDAQ:WMT) was founded in 1962 and is headquartered in Bentonville, Arkansas. The company operates a retail ecosystem with thousands of stores, e-commerce platforms, and membership-based warehouse clubs.
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