Case file · Jun 26, 2025
Rep. Lisa McClain sold $TSM
What Happened Next
$TSM vs the S&P 500 from the trade date. A sale has an edge when the stock lags the market afterwards.
$TSM · 30 days
+8.4%
S&P 500, same days
+4.1% −4.3 pts edge
$TSM · 90 days
+25.7%
S&P 500, same days
+8.4% −17.4 pts edge
$TSM · 180 days
+33.3%
S&P 500, same days
+13.1% −20.3 pts edge
Return
0+10%+20%+30%+40%+50%
The Paper Trail
- $TSM moved +25.7% in the 90 days after the sale, vs +8.4% for the S&P 500 — a 17.4-point deficit
- 18 days before: Cleo Fields buys NVDA in six lots in the four days before H20 China export reversal source
- $TSM is a named recipient of CHIPS Act ($6.6B) source
- Disclosed 119 days after the sale — 74 days past the 45-day STOCK Act deadline
- Filed as a spouse's trade
- Trade date
- Jun 26, 2025
- Disclosed
- Oct 29, 2025 (119 days)
- Shuffle Score
- 29/100
- Filing
- Not linked
Lisa McClain's History in $TSM
| Date | Type | Amount | Owner |
|---|---|---|---|
| Mar 11, 2024 | Buy | $15,001 - $50,000 | Spouse |
| Jun 6, 2024 | Buy | $15,001 - $50,000 | Spouse |
| Oct 23, 2024 | Sell | $50,001 - $100,000 | Spouse |
| Nov 7, 2024 | Buy | $100,001 - $250,000 | Spouse |
| Jun 9, 2025 | Buy | $1,001 - $15,000 | Spouse |
| Jun 17, 2025 | Buy | $1,001 - $15,000 | Spouse |
| Jun 26, 2025 | Sell | $50,001 - $100,000 | Spouse |
| Aug 28, 2025 | Sell | $50,001 - $100,000 | Spouse |
| Oct 14, 2025 | Sell | $1,001 - $15,000 | Spouse |
| Oct 30, 2025 | Buy | $1,001 - $15,000 | Spouse |
| Oct 30, 2025 | Sell | $1,001 - $15,000 | Spouse |
| Oct 31, 2025 | Sell | $1,001 - $15,000 | Spouse |
Who Else Traded $TSM That Week
Other members of Congress with trades in the same stock within 7 days either side
| Politician | Date | Type | Amount |
|---|---|---|---|
| Cleo Fields Dem | Jun 25, 2025 | Buy | $100,001 - $250,000 |
Returns use split- and dividend-adjusted closes. Disclosures report ranges, not exact amounts. A well-timed trade is not evidence of wrongdoing. Methodology · Disclaimer