Loading the recordsβ¦
Loading the recordsβ¦

Thomas H. Kean (R-NJ) sold $15K-$50K of $BEN (Franklin Resources, Inc. Common Stock) on Sep 3, 2025, part of 8 transactions in this filing (3 buys, 5 sells).
How the largest positions have moved from the trade date to the most recent close.
Showing the 6 largest positions. See every transaction in the table below.
See the full trade breakdown, suspicious timing flags, and how this filing connects to active legislation.
Get Free Access β| Type | Ticker | Asset | Amount | Trade Price | Current | Change | Date |
|---|---|---|---|---|---|---|---|
| BUY | $DHR | Danaher Corporation Common Stock | $1K-$15K | $199.44 | β | β | Sep 3, 2025 |
| BUY | $FNV | Franco-Nevada Corporation | $1K-$15K | $190.00 | β | β | Sep 3, 2025 |
| BUY | $ICE | Intercontinental Exchange Inc. Common Stock | $1K-$15K | $167.28 | β | β | Sep 25, 2025 |
| SELL | $BEN | Franklin Resources, Inc. Common Stock | $15K-$50K | $25.53 | β | β | Sep 3, 2025 |
| PARTIAL SELL | $MKL | Markel Group Inc. Common Stock | $15K-$50K | $1,954.07 | β | β | Sep 12, 2025 |
| PARTIAL SELL | $ORCL | Oracle Corporation Common Stock | $15K-$50K | $302.14 | β | β | Sep 12, 2025 |
| PARTIAL SELL | $SYK | Stryker Corporation Common Stock | $15K-$50K | $383.34 | β | β | Sep 12, 2025 |
| PARTIAL SELL | $ORCL | Oracle Corporation Common Stock | $1K-$15K | $302.14 | β | β | Sep 15, 2025 |
These bills and contracts share tickers or sectors with this filing's trades.
H.R. 5457, the Strengthening Agency Management and Oversight of Software Assets Act, passed the House on December 15, 2025, and now moves to the Senate. The bill mandates all federal agencies and IC elements to assess their software inventory and develop management plans within 18 months β creating a direct catalyst for enterprise cloud, consulting, and software asset management services. Primary beneficiaries include the major cloud/enterprise software providers with established federal footprints: $AMZN (AWS), $MSFT (Azure Government), $ORCL (OCI), and $IBM (Red Hat/Consulting). No specific funding is authorized; this is a compliance mandate that will drive agency spending through existing procurement vehicles.
The HEAR Act of 2025 is an early-stage, unfunded bill with no Senate companion, no committee hearing, and no markup. It proposes Medicare coverage for hearing aids, which would expand the total addressable market for hearing health, but no publicly traded pure-play hearing aid companies are represented in the provided ticker list. The bill has zero legislative momentum and zero appropriated funding, making it a non-event for current market pricing.
HR3383 β the Increasing Investor Opportunities Act β removes SEC restrictions on closed-end fund investments in private funds, directly benefiting private equity managers $BX and $KKR through expanded AUM channels, and exchange operators $CBOE, $ICE, and $NDAQ through increased listing and trading volume. The bill passed committee 41-10 and was considered under rule in December 2025; over the last 30 days, $BX gained +8.31% and $KKR +12.42%, consistent with growing passage expectations.
The AI-Related Job Impacts Clarity Act (S3108) is an early-stage Senate bill requiring quarterly disclosures of AI-driven job changes. It imposes new compliance costs on major AI investors like Microsoft, Alphabet, Amazon, NVIDIA, and Meta without allocating any funding. Market impact is currently low given the bill's procedural status, but the transparency risk is real for AI-heavy companies.
The PRICE Act (HR6983) is an early-stage, single-sponsor bill requiring large data centers to generate all on-site power from clean sources by 2040. It is stuck in committee with one cosponsor and no authorized funding, giving it near-zero probability of passage in its current form. Data center REITs EQIX and DLR face theoretical long-term cost headwinds, while solar manufacturer FSLR sees incremental demand potential, but no market impact is imminent.
The Remote Access Security Act introduces a regulatory overhang for the four largest US cloud providers by classifying remote access to AI models and offensive cyber tools as deemed exports, creating compliance burdens and restricting international market access. This early-stage bill has no direct budget impact but signals legislative risk to high-margin AI cloud workloads. Current market data shows mixed reactions across the four hyperscalers, with GOOGL surging 8% over the past week while MSFT and ORCL declined 4.4% and 6.2% respectively.
The Roadway Safety Modernization Act redirects existing HSIP funding ($2.3B/year) to allow state DOTs to purchase telematics, predictive analytics, and ADAS systems. Pure-play telematics ($TRMB) and mapping/ADAS ($MBLY) vendors are direct beneficiaries. Diversified data analytics providers ($VRSK) have secondary exposure. The bill is early-stage β referred to committee β so no immediate revenue impact, but the structural precedent of federalizing safety tech procurement is bullish for the sector.
HR6418 is a single-sponsor bill in early legislative stage (referred to Ways and Means). No hearings, no companion bill, no CBO score. The structural link to payroll software providers is indirect and contingent on future legislative action. Market impact is negligible near-term.
The No Robot Bosses Act (HR6371) is a procedural early-stage bill with zero near-term market impact. It imposes compliance costs on HR technology vendors but has no funding authorization and has stalled since referral to three committees in December 2025. No actionable trading signal for retail investors at this time.
The Fast Track Healthcare Apprenticeships Act (S.3364) mandates a 45-day registration timeline and digital forms for healthcare apprenticeships, reducing labor shortages in the sector. The bill is in early stage (referred to committee), but its bipartisan companion and moderate momentum signal potential passage. AMN Healthcare and Robert Half are positioned to benefit from increased workforce supply and digital implementation demand.
Free β no credit card
HillSignal tracks every Congressional stock filing and federal contract, scores its market impact with AI, and emails you the ones that matter β before they hit the news.
Weekly digest β the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan Β· No credit card Β· Unsubscribe in one click
Want the live terminal too? Create a free account β
Data sourced from the U.S. House of Representatives Office of the Clerk Financial Disclosure system. Stock prices from Financial Modeling Prep. Suspicious timing flags identify coincidences between stock trades and legislative activity and do not imply any wrongdoing or illegal activity. This is not financial advice.