Scott Franklin's Trade Disclosure
On July 14, 2025, Scott Franklin, a Democrat representing Florida's 18th congressional district, filed a financial disclosure reporting a series of stock trades, all of which were sales executed on June 16, 2025. The disclosure highlights a significant divestment from a diverse portfolio of major companies, suggesting a strategic reallocation or liquidation of assets.
Franklin sold shares in several high-profile companies, including:
- Johnson & Johnson (JNJ): Shares valued between $15,001 and $50,000.
- Merck & Company, Inc. (MRK): Shares valued between $1,001 and $15,000.
- Walmart Inc. (WMT): Shares valued between $15,001 and $50,000, noted as a subholding of Fidelity Joint TBE.
- Home Depot, Inc. (HD): Shares valued between $15,001 and $50,000.
- Cisco Systems, Inc. (CSCO): Shares valued between $1,001 and $15,000.
- Apple Inc. (AAPL): Shares valued between $15,001 and $50,000.
- Berkshire Hathaway Inc. (BRK.B): Shares valued between $15,001 and $50,000, also noted as a subholding of Fidelity Joint TBE.
- Alphabet Inc. (GOOG): Shares valued between $1,001 and $15,000.
- Microsoft Corporation (MSFT): Shares valued between $15,001 and $50,000.
- McDonald's Corporation (MCD): Shares valued between $15,001 and $50,000.
- Visa Inc. (V): Shares valued between $15,001 and $50,000.
- Procter & Gamble Company (PG): Shares valued between $15,001 and $50,000.
- United Parcel Service, Inc. (UPS): Shares valued between $1,001 and $15,000.
- Pepsico, Inc. (PEP): Shares valued between $1,001 and $15,000.
- Kenvue Inc. (KVUE): Shares valued between $1,001 and $15,000.
- JP Morgan Chase & Co. (JPM): Shares valued between $15,001 and $50,000.
This extensive divestment from a wide range of sectors, including technology, consumer goods, finance, and healthcare, might indicate a repositioning of Franklin's investment strategy or a response to market conditions. The filing notes several of these trades as new, suggesting recent acquisitions or changes in reporting status.
Transaction Date | Type | Symbol | Amount | Notes |
---|---|---|---|---|
Jun 16, 2025 | Sell | $15,001 - $50,000 | Johnson & Johnson Common Stock (JNJ) [ST] FILING STATUS: New | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | Merck & Company, Inc. Common Stock (MRK) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Walmart Inc. Common Stock (WMT) [ST] FILING STATUS: New SUBHOLDING OF: Fidelity Joint TBE | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Home Depot, Inc. (HD) [ST] | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | Cisco Systems, Inc. - Common Stock (CSCO) [ST] FILING STATUS: New | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Apple Inc. - Common Stock (AAPL) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Berkshire Hathaway Inc. New Common Stock (BRK.B) [ST] FILING STATUS: New SUBHOLDING OF: Fidelity Joint TBE | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | Alphabet Inc. - Class C Capital Stock (GOOG) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Microsoft Corporation - Common Stock (MSFT) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | McDonald's Corporation Common Stock (MCD) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Visa Inc. (V) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | Procter & Gamble Company (PG) [ST] | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | United Parcel Service, Inc. Common Stock (UPS) [ST] FILING STATUS: New | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | Pepsico, Inc. (PEP) [ST] | |
Jun 16, 2025 | Sell | $1,001 - $15,000 | Kenvue Inc. Common Stock (KVUE) [ST] | |
Jun 16, 2025 | Sell | $15,001 - $50,000 | JP Morgan Chase & Co. Common Stock (JPM) [ST] |