Rick Scott, a Republican Senator from Florida, disclosed a series of financial transactions on March 3, 2025. The transactions, all dated February 7, 2025, reflect a strategic reallocation of investments primarily in municipal revenue bonds.
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Purchase of Central Texas Regional Mobility Authority Revenue Bond: Rick Scott acquired bonds valued between $500,001 and $1,000,000. These bonds carry a 5.0% coupon rate and mature on January 1, 2040, indicating a long-term investment strategy.
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Sale of Port of Seattle Washington Revenue Bond: Scott divested bonds in the amount of $250,001 to $500,000. These bonds, also with a 5.0% coupon rate, were set to mature relatively soon on May 1, 2026. This sale suggests a shift away from shorter-term holdings.
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Multiple Purchases of Charlotte NC Water & Sewer System Revenue Bonds: Scott made three separate purchases of these bonds, with a combined investment totaling $850,003 to $1,750,000. Each transaction featured a 5.0% coupon rate with a maturity date of July 1, 2054, underscoring a significant commitment to long-term municipal infrastructure bonds.
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Additional Sale of Port of Seattle Washington Revenue Bond: An additional sale was made, ranging from $100,001 to $250,000, further reducing his position in these bonds.
Overall, Rick Scott's trades indicate a clear preference for long-term municipal bonds with consistent coupon rates, while reducing exposure to bonds with nearer maturity dates. This strategy may reflect a focus on stable, long-term returns and a potential repositioning of his portfolio towards infrastructure-related investments.
Transaction Date | Type | Symbol | Amount | Notes |
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Feb 7, 2025 | Buy | $100,001 - $250,000 | Charlotte NC Water & Sewer Sys Revenue Bond Rate/Coupon: 5.0% Matures: 07/01/2054 | |
Feb 7, 2025 | Sell | $100,001 - $250,000 | Port of Seattle Washington Revenue Bond Rate/Coupon: 5.0% Matures: 05/01/2026 | |
Feb 7, 2025 | Sell | $250,001 - $500,000 | Port of Seattle Washington Revenue Bond Rate/Coupon: 5.0% Matures: 05/01/2026 | |
Feb 7, 2025 | Buy | $250,001 - $500,000 | Charlotte NC Water & Sewer Sys Revenue Bond Rate/Coupon: 5.0% Matures: 07/01/2054 | |
Feb 7, 2025 | Buy | $500,001 - $1,000,000 | Central Texas Regional Mobility Auth Revenue Bond Rate/Coupon: 5.0% Matures: 01/01/2040 | |
Feb 7, 2025 | Buy | $500,001 - $1,000,000 | Charlotte NC Water & Sewer Sys Revenue Bond Rate/Coupon: 5.0% Matures: 07/01/2054 |