Mike Rounds Stock Trades

Mike Rounds, the Republican senator from South Dakota, has disclosed just eleven transactions since 2015, and the record breaks cleanly into two eras. From December 2015 through May 2021, Rounds and his household filed nine purchases and one large sale, nearly all tied to a group of similarly named entities based in Sioux Falls, South Dakota. Then the filings went quiet. The only transaction disclosed since that May 2021 purchase is a full sale made on October 10, 2025, and it did not reach the Senate's public disclosure system until May 6, 2026, nearly seven months after the transaction date. That gap between transaction and disclosure is itself one of the more notable features of this record.

None of the eleven transactions involves a ticker symbol. Instead, the security-name fields identify company or limited liability company interests, mostly hospitality-property ventures, alongside disclosures involving Fischer, Rounds & Assoc., Inc. and Aeronics, Inc.

The Bird Dog Hospitality entities

Nine of the eleven transactions, and every purchase disclosed between 2016 and 2021, involve an entity carrying the "Bird Dog" name. These entries are based in Sioux Falls, South Dakota, and most are described in the filings as hospitality or property ventures. They appear under several related and numbered names rather than as a single vehicle. The disclosed purchases were:

• Bird Dog LLU, LLC, described as a marketing company, purchased December 20, 2015, attributed to Rounds himself (Self), in the $1,001-$15,000 range.
• Bird Dog Hospitality, LLC (hospitality investments), purchased September 26, 2016, jointly, in the $250,001-$500,000 range.
• Bird Dog Hospitality II, LLC (hospitality property), purchased November 7, 2016, jointly, in the $15,001-$50,000 range.
• Bird Dog Hospitality IV, LLC (hospitality property), purchased July 18, 2017, jointly, in the $50,001-$100,000 range.
• Bird Dog Hospitality III, LLC (hospitality property), purchased October 17, 2017, jointly, in the $50,001-$100,000 range.
• Bird Dog Hospitality V, LLC (hospitality property), purchased April 9, 2018, jointly, in the $50,001-$100,000 range.
• Bird Dog Hospitality, LLC, a second disclosed purchase under the same entity name (hospitality investments), made August 20, 2018, jointly, in the $15,001-$50,000 range.
• Bird Dog Hospitality Fund 2, LLC (property investment), purchased March 31, 2019, attributed to Rounds himself, in the $250,001-$500,000 range.
• Bird Dog Hospitality Fund 1, LLC, tied to Bird Dog Equity Partners, purchased May 1, 2021, jointly, in the $15,001-$50,000 range.

Seven of these nine purchases carry a Joint attribution code rather than being attributed to Rounds alone. Only two of the nine, the original Bird Dog LLU purchase in 2015 and the Bird Dog Hospitality Fund 2 purchase in 2019, are attributed to Rounds individually. The disclosures document recurring purchases involving similarly named Bird Dog entities, with at least one purchase in every year from 2015 through 2019.

The two outliers: an agency sale and a 2025 exit

The record's two sales sit apart from the Bird Dog pattern, both in size and in attribution. The largest transaction of any kind in this history is a full sale of an interest in Fischer, Rounds & Assoc., Inc., an insurance and real estate agency based in Pierre, South Dakota, with a transaction date of December 28, 2015. The amount range on that sale, $5,000,001-$25,000,000, dwarfs every other disclosed transaction in the record, and the attribution code is Spouse, meaning the disclosure identifies this as a transaction by Rounds's spouse rather than one made by the senator personally.

The other outlier is the most recent filing: a full sale involving Aeronics, Inc., described in the filing as an Austin, Texas equipment manufacturer, with a transaction date of October 10, 2025. That sale is reported in the $1,000,001-$5,000,000 range and carries a Joint attribution. It stands alone as the only disclosed activity of any kind in the four years since the May 2021 Bird Dog Hospitality Fund 1 purchase, and the filing classifies it as a "Sale (Full)" rather than a partial sale.

None of the eleven transaction records includes a ticker, and all eleven have an unclassified sector in the underlying data. Quantellect does not currently publish a Q Score for Mike Rounds; no score row exists for this subject as of the most recent published scoring date, August 21, 2026. Across the full population Quantellect tracks, 39 of the Senate's 100 sitting members have no disclosed trades at all, while Rounds's record contains eleven disclosed transactions from 2015 through 2025.

Disclosure and disclaimer notes

The Stop Trading on Congressional Knowledge Act of 2012 requires the Senate to maintain an electronic filing system for financial disclosure reports, and the Senate Select Committee on Ethics administers the Senate's financial disclosure reporting program. A disclosure filed under a senator's name may reflect a transaction attributed to the senator, a spouse, a dependent child, or jointly, and this profile identifies that attribution wherever the underlying filing specifies it. This page reflects only the disclosed transactions in Quantellect's database as of the dates shown and is not investment advice. The underlying official filings are available through the Senate's eFD search system; for example, see the filing for the September 26, 2016 transaction.