Rob Bresnahan's Trade Disclosure
In the recent financial disclosure filed on April 9, 2025, by Rob Bresnahan, a Republican representative from Pennsylvania's 8th district, a series of stock transactions were reported. Bresnahan engaged in a mix of buying and selling activities within a short span in March 2025, indicating a strategic adjustment of his investment portfolio.
Notably, Bresnahan made multiple purchases, each valued between $1,001 and $15,000. These acquisitions included shares in Cadence Design Systems, Inc. (CDNS) on March 17, Intel Corporation (INTC) and ServiceNow, Inc. (NOW) on March 13, Sea Limited (SE), IBM (IBM), and SBA Communications Corporation (SBAC) on March 11, and Nu Holdings Ltd. (NU) on March 10. This diverse range of technology and communications stocks suggests a focus on sectors associated with innovation and digital infrastructure.
Conversely, Bresnahan also executed several sales, each within the same monetary range, on March 11. He divested from NVIDIA Corporation (NVDA), Broadcom Inc. (AVGO), Robinhood Markets, Inc. (HOOD), Reddit, Inc. (RDDT), and Oracle Corporation (ORCL). The sales of these stocks, particularly in the tech and financial services sectors, might reflect a strategic reallocation of assets or a response to market conditions at the time.
Overall, the trades reflect a balanced approach, with a significant emphasis on technology-related companies, indicating Bresnahan's interest in maintaining a portfolio potentially poised to benefit from ongoing advancements and market trends in the tech industry.
Transaction Date | Type | Symbol | Amount | Notes |
---|---|---|---|---|
Mar 17, 2025 | Buy | $1,001 - $15,000 | Cadence Design Systems, Inc. - Common Stock (CDNS) [ST] | |
Mar 13, 2025 | Buy | $1,001 - $15,000 | Intel Corporation - Common Stock (INTC) [ST] | |
Mar 13, 2025 | Buy | $1,001 - $15,000 | ServiceNow, Inc. Common Stock (NOW) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | NVIDIA Corporation - Common Stock (NVDA) [ST] | |
Mar 11, 2025 | Buy | $1,001 - $15,000 | Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | Broadcom Inc. - Common Stock (AVGO) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | Robinhood Markets, Inc. - Class A Common Stock (HOOD) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | Reddit, Inc. Class A Common Stock (RDDT) [ST] | |
Mar 11, 2025 | Buy | $1,001 - $15,000 | International Business Machines Corporation Common Stock (IBM) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | Robinhood Markets, Inc. - Class A Common Stock (HOOD) [ST] | |
Mar 11, 2025 | Sell | $1,001 - $15,000 | Oracle Corporation Common Stock (ORCL) [ST] | |
Mar 11, 2025 | Buy | $1,001 - $15,000 | SBA Communications Corporation - Class A Common Stock (SBAC) [ST] | |
Mar 10, 2025 | Buy | $1,001 - $15,000 | Nu Holdings Ltd. Class A Ordinary Shares (NU) [ST] | |
Mar 10, 2025 | Buy | $1,001 - $15,000 | International Business Machines Corporation Common Stock (IBM) [ST] |