William R. Keating Stock Trades

William R. Keating Trading Disclosures | Quantellect William R. Keating Trading Disclosures

William R. Keating's disclosures show a striking split personality: 201 transactions since 2013, but the vast majority of recent activity is not common stock. Of the 18 transactions logged in 2026 and 22 in 2025, most are corporate notes and Treasury bills, a pattern that has come to define the Massachusetts Democrat's disclosures over the last two years even as his earlier common-stock transaction history reads very differently.

Keating is a Democrat representing Massachusetts's 9th District in the House. His current term began January 3, 2025, and runs through January 3, 2027. His disclosure record stretches back to a first logged transaction on January 25, 2013, with the most recent transaction dated June 30, 2026. Across that span the filings show 137 purchases against 64 sales, a transaction count tilted toward purchases, though the mix of disclosed securities has changed considerably over time.

A pivot toward fixed income

The single most disclosure-worthy fact in Keating's recent filings is the type of security being disclosed. The two most recent filing batches, covering transactions from April through June 2026, consist entirely of corporate-note transactions and one Treasury bill purchase. They include purchases tied to Capital One, HCA, JPMorgan Chase, Northrop Grumman, Simon Property Group, VMware, T-Mobile USA, and Otis Worldwide, plus a sale of a note issued by The Campbell's Company. The June 30 Capital One purchase was disclosed in the $1,001 - $15,000 range, while the HCA purchase was disclosed in the $15,001 - $50,000 range. Not one of the 18 transactions recorded for 2026 is a common-stock transaction or carries a stock ticker. Corporate-note activity also appears repeatedly in 2024 and 2025 alongside the equity trades.

This is a departure from the earlier transaction pattern. The 64-transaction year of 2021 was heavily purchase-oriented, with 60 purchases against just 4 sales, and it has the largest annual transaction count in the supplied history. By contrast, 2024 produced 48 transactions but was sale-heavy, with 33 sales against only 15 purchases, the only year in the dataset where sales outnumbered purchases. Those 2024 rows include common-stock sales, corporate-note sales, and purchases of both stocks and notes. The attribution summary assigns 200 of the 201 transactions to Keating and one to a spouse. The recent transactions discussed here are coded to Keating himself, although the filings do not state the reason for any trade.

The intervening years provide useful context for the shift. The record shows 22 transactions in 2022, divided into 12 purchases and 10 sales, followed by 25 in 2023, with 16 purchases and 9 sales. After the sale-heavy activity of 2024, the count returned to 22 in 2025, comprising 16 purchases and 6 sales. The 18 transactions recorded in 2026 through June 30 include 17 purchases and a single sale, reflecting the purchase-heavy character of the recent fixed-income activity.

The most frequently disclosed security is Microsoft Corporation (MSFT), appearing in five transactions, four purchases and one sale, with the latest dated February 5, 2025. The supplied company description identifies Microsoft as a technology company operating through its Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments, with offerings that include Microsoft 365, LinkedIn, cloud and AI services, Windows, and Xbox. Microsoft's frequent appearance, alongside three transactions each involving Accenture (ACN), Lam Research (LRCX), NXP Semiconductors (NXPI), and VeriSign (VRSN), contributes to Information Technology being the most represented named sector in the disclosures, with 26 transaction rows.

Beyond technology, the disclosed equity activity touches a wide range of sectors. Consumer Discretionary accounts for 16 transaction rows and includes Airbnb (ABNB), Amazon (AMZN), and AutoZone (AZO). Health Care has 15, including Baxter International (BAX), CVS Health (CVS), and Medtronic (MDT), while Industrials has 13, including Boeing (BA), Caterpillar (CAT), and United Rentals (URI). The packet also records activity classified under Financials, Consumer Staples, Communication Services, Energy, and Real Estate, plus one transaction each under Materials and the separately labeled Technology category used for the January 2025 Fiserv transaction. The transaction rows are spread across sectors even though Information Technology appears most often among those with a named sector.

Several notable equity sales cluster around May 17, 2024, when Keating's filings show partial sales of Alphabet (GOOGL), Microsoft (MSFT), Jacobs Solutions (J), Airbnb (ABNB), Accenture (ACN), Lowe's (LOW), and AutoZone (AZO), plus a full sale of CVS Health. All were disclosed on May 22 in the same filing, which also reported an Amazon purchase and a sale of a McDonald's corporate note on May 17. Another cluster dated September 11, 2024, included sales of NXP Semiconductors and Caterpillar, multiple partial sales of corporate notes, and a Treasury note sale. The filings group these transactions by date but do not identify who executed them or why.

On the buy side, January 7, 2025, stands out: purchases of Fiserv (FI) and Amazon (AMZN), alongside a sale of Airbnb, all disclosed January 15 in a single filing. Each was reported in the $1,001 - $15,000 transaction range. A later filing, disclosed February 25, reported February 5 purchases of PepsiCo (PEP), Aramark (ARMK), Microsoft (MSFT), and Accenture (ACN), also each in the $1,001 - $15,000 range. That filing additionally included a January 24 purchase of KLA Corporation (KLAC), a January 24 sale of Lam Research (LRCX), and a January 21 purchase of CoStar Group (CSGP).

Under Quantellect's scoring framework, Keating's disclosed trading carries a score of 14, placing him in the "weak" tier and ranking him 66th within a cohort of 76 scored members as of August 21, 2026. The packet marks his coverage state as "covered" under formula version politician_bw_score.v3. That score sits alongside a disclosure record spanning 201 transactions, with the recent activity distinguished less by common-stock frequency than by repeated purchases of corporate notes and Treasury bills.

Disclaimer

This Quantellect profile is generated from transaction data disclosed under the Stop Trading on Congressional Knowledge Act of 2012 and filed with the Clerk of the House in accordance with guidance from the House Committee on Ethics. Disclosures can cover transactions attributed to the filer, a spouse, a dependent child, or jointly held property and are filed within permitted reporting windows rather than in real time. Dates identified as transaction dates are distinct from disclosure dates. Amounts reflect disclosed transaction ranges, not exact figures. This profile describes disclosed transaction activity only. It is not investment advice and should not be construed as a recommendation to buy or sell any security.