So, a member of Congress is back at it, buying stocks. This isn't a story about a one-time trade; it's about a pattern, and the pattern is getting interesting. Representative Cleo Fields of Louisiana has spent millions on shares of six of the so-called Magnificent Seven stocks. And as 2026 gets underway, he's narrowing his focus, buying only three of the seven big names. It feels less like random shopping and more like someone making a deliberate bet.
According to recent disclosures, Fields made a series of purchases in early February. On February 3rd, he bought:
- $50,000 to $100,000 in Advanced Micro Devices (AMD) stock
- $100,000 to $250,000 in Alphabet Inc Class A (GOOGL) stock
- $15,000 to $50,000 in Lam Research Corp (LRCX) stock
- $100,000 to $250,000 in Meta Platforms Inc. (META) stock
- $100,000 to $250,000 in Micron Technology Inc. (MU) stock
Then, on February 12th, he added:
- $1,000 to $15,000 in Apple Inc (AAPL) stock
Look at that list. Alphabet and Meta are tied for the top spot in terms of purchase size this time around. But this isn't a new fling with Alphabet; it's a recurring theme. For the second month in a row, Alphabet is one of Fields' top buys. Back in January, he invested between $101,000 and $265,000 in Alphabet Class C (GOOG) stock. Rewind to December, and he was loading up on Alphabet shares then too, purchasing at least $265,000 worth. In December, Microsoft Corp (MSFT) was the only other Magnificent Seven stock he bought.
So what's the deal with Alphabet? Well, it was the top-performing Magnificent Seven stock in 2025, gaining 65.2%. Maybe Fields is betting on a repeat performance in 2026. He's an investor in all the Magnificent Seven stocks except one: Tesla Inc (TSLA), which he doesn't own. But his recent activity suggests his preferences are shifting.
Investors watching might notice that several Magnificent Seven stocks are getting the cold shoulder lately, including NVIDIA Corp (NVDA). This is notable because Fields made Nvidia his top stock in August and September of last year, buying millions of dollars worth of shares. Nvidia was no slouch in 2025 either, posting a 34.8% gain. The move away from a recent favorite to a sustained focus on Alphabet is a story in itself.
The Bigger Picture: A Congressman Who Buys (A Lot)
This isn't small-time trading. Data from Quiver Quantitative shows Fields bought a staggering $20.37 million worth of stock in 2025, while selling only $1.21 million. He's a net buyer, big time. In 2026 so far, his purchases total $1.06 million with no sales. This is someone with conviction, or at least a very specific strategy.
And his portfolio isn't just the Magnificent Seven. He's also invested heavily in other companies. Netflix Inc (NFLX) has become a favorite, with Fields buying over $1 million in shares over the past year. Netflix has often appeared in his disclosures, sometimes replacing Magnificent Seven names. His last purchase of Netflix stock was in December 2025.
Another interesting pick is IREN Ltd (IREN), a data center company. That's a stock that's caught fire, rising over 400% in the last year. Fields buying into that kind of momentum play shows he's looking beyond just the mega-cap tech staples.
So, what are we looking at? A congressman with a clear appetite for tech and growth, who traded heavily into Nvidia during its run last year and is now placing consistent, sizable bets on Alphabet as 2026 begins. He's avoiding Tesla entirely, ignoring Nvidia for now, and building positions in other high-flyers like IREN. It's a portfolio that tells a story of momentum chasing, sector concentration, and perhaps a belief that Alphabet's 2025 wasn't a fluke. For retail investors watching congressional trades for clues, the clue here seems to be: this guy really likes Alphabet right now.
