Adam Gray: No Disclosed Stock Trades

Adam Gray, the Democratic representative for California's 13th District, has no disclosed stock transactions on record. That itself is the finding. Gray is one of 276 sitting members of Congress, 237 of them in the House, with zero disclosed trades as of the most recent measurement on August 21, 2026. Out of 537 sitting members across both chambers, he belongs to the cohort with no disclosed transactions recorded under the Periodic Transaction Report framework.

Gray began his current term on January 3, 2025, and it runs through January 3, 2027. For an investor profile page, the absence of a trading record over that period is itself informative: it means there is no pattern of purchases, sales, sector concentration, or timing to analyze, because no such activity has been disclosed. Nothing in the underlying data indicates whether that reflects a personal decision not to trade individual securities or simply no reportable activity during the window covered by current records.

Why the Record Is Empty

The STOCK Act requires covered members of Congress to disclose qualifying transactions involving stocks, bonds, and other covered securities owned by themselves, their spouses, or dependent children when a transaction exceeds the reporting threshold. The Stop Trading on Congressional Knowledge Act of 2012 established the transaction-reporting obligation and its filing window, while the House Committee on Ethics publishes detailed filing instructions, including which assets and transactions must be reported, in its financial disclosure instruction guide. Quantellect distinguishes a member's own transactions from those attributed to a spouse, jointly, or to a dependent child, and records unattributed entries separately rather than assuming they belong to the member personally. Gray's current record contains zero entries in every attribution category.

A zero-disclosure record is not unusual in the current data. Of 537 sitting members, 276 show no disclosed trades under this framework, split between 237 House members and 39 senators. The disclosure system captures reportable transactions in specified security types; it is not a complete account of every form of financial exposure a member may have. For example, the House guide explains that transactions in underlying assets within a qualifying Excepted Investment Fund do not have to be disclosed on a PTR, although transactions involving assets in brokerage, managed, and retirement accounts generally remain reportable when they exceed the applicable threshold.

Scoring coverage is also limited. As of the latest published scoring date, August 21, 2026, scores exist for 76 members, 73 of whom are currently sitting. Gray is not among them. The reason given in the current data is straightforward: no score row exists for him at the latest published date. The database therefore provides no formula version, score, tier, coverage state, cohort rank, or cohort size for Gray, and none should be inferred from his zero-disclosure record.

For investors tracking congressional trading as a signal, Gray's page functions differently than a profile built around an active filer. There is no purchase or sale to contextualize, no sector tilt to identify, and no historical pattern to compare against current behavior, because the disclosure record contains none of that information. What can be said with confidence is procedural: Gray is subject to the STOCK Act reporting rules applicable to House members, and qualifying transactions involving him, a spouse, or a dependent child generally must be reported through a Periodic Transaction Report. Any future entry would change the record described here once it appeared in the source data. Until then, the accurate description of his disclosed trading activity is that there isn't any on record.

Disclaimer

This Quantellect profile is based on publicly disclosed financial information filed under the STOCK Act and House Committee on Ethics requirements. It is provided for informational purposes only and does not constitute investment advice, a recommendation to buy or sell any security, or an indication of any individual's investment strategy or intent. Disclosure filings may include transactions made by a spouse, dependent child, or other associated party, and are not necessarily personal investment decisions by the named member of Congress. Data reflects the most recent information available as of the measurement date noted above and may not capture all financial activity involving assets or vehicles not subject to individual transaction reporting.