Republicans sell $5.1mn of shares as members trim portfolios

Republicans sold $5.1mn of shares and bought $1.2mn in filings disclosed over the past 30 days. Purchases accounted for 19 per cent of the traded value across 257 trades. Democrats bought $2.6mn and sold $2.4mn across 471 trades, with purchases representing 52 per cent of the traded value.

A total of 22 members filed 414 sales and 314 purchases. Sales reached $7.5mn, representing 66 per cent of all disclosed value, against $3.8mn of purchases. Members recorded $3.7mn of net selling across the period.

Among S&P 500 companies, members recorded $1.0mn of net selling in energy across 22 trades. Energy sales came to $1.1mn against purchases of $40,000. Consumer staples showed $25,000 of net buying across 39 trades, with $285,000 of purchases and $260,000 of sales.