In the lead-up to the year 2026, Senator Markwayne Mullin, representing Oklahoma and aligned closely with former President Donald Trump, disclosed a series of substantial purchases in key technology firms collectively referred to as the Magnificent Seven. These transactions, reported through government disclosures and tracked by market analysts, show a pattern of increased investment in these high-profile equities, further cementing Mullin’s bullish stance on select industry leaders as the new year approaches.
Among the documented trades occurring on December 29, Mullin committed between $100,000 and $250,000 to shares in Apple Inc (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet Inc (NASDAQ:GOOGL), Microsoft Corporation (NASDAQ:MSFT), and NVIDIA Corporation (NASDAQ:NVDA). Meta Platforms (NASDAQ:META) also featured in his portfolio adjustments, though with a smaller allocation ranging between $50,000 and $100,000. The transactions in these six companies represent the largest purchases made by the senator on that day, reflecting a concentrated preference for these firms within the broader Magnificent Seven group.
It is notable that Tesla Inc (NASDAQ:TSLA) was not part of Mullin’s latest investment activities, marking it as an outlier among these technology giants. In this context, his selection and omission offer insight into his portfolio strategy, possibly signaling a greater confidence or conviction in the other six technology companies.
Further examining Mullin’s historical acquisitions, recent filings reveal a notable purchase of Microsoft shares valued between $250,000 and $500,000 in November, indicating sustained and significant interest. Earlier purchases in Microsoft stock were also documented in February 2025. Apple and Meta shares were reacquired for the first time since 2024, while the acquisition of Alphabet shares marks the first such action since 2023. Amazon shares were purchased as recently as February 2025 prior to these latest disclosures. This pattern highlights a strategy of periodic reinforcement of positions in these select tech leaders, with Microsoft emerging as a likely top pick moving into 2026.
Beyond technology equities, Mullin’s disclosed trades include increases in stakes in ConocoPhillips (NYSE:COP), a major player in the oil industry, and RTX Corporation (NYSE:RTX), which operates within the defense sector. The timing of these transactions aligns closely with geopolitical developments, including former President Trump’s military maneuvers in Venezuela and potential defense actions in other regions. These sectors have thus garnered particular attention given their strategic national importance.
Importantly, Senator Mullin serves on the Senate Committee on Armed Services, a position granting him access to sensitive information regarding national security and defense. This role has drawn scrutiny in light of his portfolio decisions, as ethics observers raise concerns about possible conflicts of interest. The synchronization of his investment activity in defense-related stocks with committee responsibilities underlines the necessity for transparency and adherence to ethical guidelines.
Previous assessments by market watchdogs have identified discrepancies in Mullin’s transaction disclosures. In one instance during 2025, he failed to comply with the STOCK Act by reporting trades executed in 2023 with a two-year delay. Such oversights underscore ongoing challenges in ensuring full transparency and prompt reporting among public officials’ financial activities.
The set of investments detailed here paint a picture of a senator focusing his financial resources on a curated selection of technology bellwethers, energy, and defense firms. Each of these sectors reflects broader strategic interests aligned with both market trends and political contexts. By concentrating substantial capital in these areas, Mullin’s approach offers insight into his outlook on sector resilience and growth prospects as the market moves into 2026.