No. This tracks trades disclosed under the STOCK Act (Stop Trading on Congressional Knowledge Act of 2012), a separate law that requires members of Congress, their spouses, and dependent children to publicly report stock transactions. It's unrelated to SEC Form 4 insider trading, which applies to corporate officers, directors, and large shareholders. AlphaSMO tracks both, but they come from different regulatory systems and disclosure deadlines.
Is this real-time? Can I copy-trade what Congress is buying?
No — this is not real-time, and it should not be used to copy-trade. Under the STOCK Act, members of Congress have up to 30–45 days after a transaction to publicly disclose it, so every trade shown here is already at least several weeks old by the time it's filed, let alone by the time you see it. By the time a disclosed trade appears in this tracker, the member may have already exited the position. Treat this as a transparency and research tool, not an actionable real-time signal.
What is the STOCK Act?
The STOCK Act (Stop Trading on Congressional Knowledge Act), signed into law in 2012, requires members of Congress and senior congressional staff to publicly disclose stock, bond, and other securities transactions above $1,000 within 30–45 days, specifically to prevent trading on non-public information learned through their official duties. Disclosures are filed as Periodic Transaction Reports (PTRs) with the Senate or the House Clerk's office.
Which stocks are members of Congress trading the most right now?
Leaderboard data is not available at this time.
Why are trade amounts shown as ranges instead of exact dollar figures?
The STOCK Act itself only requires disclosure of a dollar-value range (e.g. "$1,001–$15,000"), not the exact amount or share count — unlike SEC Form 4, which requires exact figures. AlphaSMO shows the filed range as-is rather than guessing at a specific number.
Does this cover House Representatives too, not just Senators?
Currently this tracks Senate disclosures only, sourced from the Senate's official electronic financial disclosure system. House of Representatives disclosures are filed separately with the House Clerk's office and are being added in a future update.
Where does this data come from?
All trades shown here are sourced directly from the U.S. Senate's official Electronic Financial Disclosure (eFD) system (efdsearch.senate.gov), the same public system used by journalists and researchers. AlphaSMO does not modify the disclosed amounts, dates, or descriptions — only the ticker symbol is algorithmically matched from the filer's free-text asset description, and may occasionally be incorrect or unresolved for less common securities.