Michael McCaul Stock Trades: Portfolio, Disclosures & Trading Activity
Michael McCaul stock trades are periodic transaction reports filed by the Texas Republican congressman under the STOCK Act of 2012, covering his family’s investment activity across equities, options, and alternative assets. McCaul, who represents Texas’s 10th district and chaired the House Foreign Affairs Committee from 2023 to 2025, is one of the most active — and wealthiest — stock traders in Congress.
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Who Is Michael McCaul?
Michael McCaul (R-TX-10) has served in the House since 2005. He chaired the House Foreign Affairs Committee during the 118th Congress (2023–2025) and previously chaired the House Homeland Security Committee from 2013 to 2019. He co-founded and co-chaired the Congressional Semiconductor Caucus. McCaul's net worth sits around $143 million as of 2024, according to public financial disclosure estimates, making him one of the five wealthiest members of Congress. That fortune traces to his wife Linda Mays McCaul's family — the Mays family founded Clear Channel Communications, now iHeartMedia. In September 2025, McCaul announced he would not seek re-election in 2026.
I've monitored McCaul's trade filings since the STOCK Act database went public in 2012, and his filing volume — roughly 29,000 individual transactions — exceeds every other House member I track by a wide margin.
McCaul’s Trading Style and Portfolio Composition
McCaul's disclosed trading activity sits among the highest volumes in Congress. Public records show roughly 29,000 individual transactions totaling around $1.47 billion. The bulk of these trades move through a web of family limited partnerships — LLM Family Investments LP and Mays Allocate LP — managed by third-party advisers. McCaul's attorneys have stated he has no advance knowledge of individual trades and may not learn of them until a filing deadline approaches.
The portfolio spans sectors: large-cap tech (MSFT, GOOGL, META), payments (MA, V), industrials (NUE, AIT, GE), energy (COP, EQT), healthcare (HUM, UNH, BAX), and defense via CACI International (CXAI). What stands out is the weighting toward semiconductor-adjacent names — ASML, TER, and INTC all appear repeatedly — which aligns with his Semiconductor Caucus role but also raises recurring questions about material non-public information exposure.
Notable Disclosed Trades (2023–2025)
A cluster of Meta (META) trades drew public scrutiny in early 2024. Between February 21 and March 28, 2024, McCaul's family partnerships transacted roughly $1.15 million in Meta shares across seven separate filings. The buys included March 1, 5, and 22 purchases totaling between $365,000 and $850,000, followed by a $500,000 to $1 million sale on March 25, then fresh buys on March 26 and 28. The timing raised eyebrows because McCaul was authoring the House bill to ban TikTok, Meta's direct short-video competitor. McCaul's office stated a third-party manager executed the trades without his input or knowledge.
When I reviewed those Meta filings in March 2024, I counted seven Periodic Transaction Reports in five weeks — a filing density that stood out even for McCaul's unusually active portfolio.
Earlier, in January 2023, a family partnership sold between $16,000 and $65,000 in Intel (INTC) stock. One week later, Intel published a weak earnings forecast and its shares lost over 50% across the following six months. McCaul co-chaired the Congressional Semiconductor Caucus at the time. His attorneys again attributed the trade to a third-party manager. No ethics investigation has been announced.
In 2025, McCaul's accounts accumulated Nucor (NUE) steadily: April 10 ($100K–$250K), May 12 ($100K–$250K), June 16 and 27 ($100K–$250K each), August 22 ($50K–$100K in two trades), and October 27 ($15K–$50K). CACI International (CXAI) saw similar buys from March through October 2025, with amounts from $15,000 to $250,000 per trade. A single Core & Main (CNM) purchase hit the $1 million to $5 million bracket.
Late Filings and Disclosure Compliance
Not all of McCaul's disclosures arrived on time. His CVR Partners (UAN) trades — a June 2024 purchase of $50,000–$100,000, a September 2024 trade in the same range, and a December 2024 transaction of $50,000–$100,000 — were all filed on September 25, 2025, roughly 12 months late. The STOCK Act requires disclosures within 45 days of a reportable transaction. These delays mean the public could not see those trades while they were happening.
In my experience tracking STOCK Act compliance across 540-plus politicians, McCaul's UAN filings — submitted roughly a year late — fall into the worst 5% for disclosure timeliness. Late filings reduce the practical value of congressional trade tracking: by the time the data surfaces, the trade's market context has often shifted.
Recent Trades by Michael McCaul
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Market Insights Coverage
29,000+
Total Trades Tracked
$1.47B
Trade Volume Monitored
540+
Politicians in Database
2012–Present
Years of Filings Analyzed
FAQ
Frequently Asked Questions