Representative Ro Khanna (D-CA) sold between $500,000 and $1 million of BlackRock stock on July 7, 2026. The midpoint of that range, $750,000, is the largest single trade in his career, which includes 19,415 transactions since 2012.
The sale of BLK shares was disclosed in a periodic transaction report filed under the STOCK Act. It covers a single sell order placed on July 7, with the owner listed as "DC," meaning the congressman directly held the asset.
| Date | Type | Amount | Owner |
|---|---|---|---|
| Jul 7, 2026 | Sell | $500K–$1.0M | DC |
Khanna sits on the House Armed Services Committee, the House Oversight and Government Reform Committee, and the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party. BlackRock is the world's largest asset manager, with a market cap of $143.7 billion and a current share price of $1,160.91.
The size of this trade stands out against Khanna's own history. His average disclosed trade over the past decade has been in the $1,001–$15,000 range. A $750,000 midpoint is roughly 50 times his typical transaction size.
BlackRock is a popular holding among lawmakers. 72 members of Congress have traded BLK stock in the current session, making it one of the most frequently traded financial-sector names on Capitol Hill. The firm's iShares ETF platform and Aladdin risk system give it a central role in capital markets infrastructure.
Khanna is not new to large positions. His portfolio has included individual holdings worth more than $1 million, but his trades have rarely exceeded the $100,000 threshold. This sale is the first time a single transaction from Khanna has crossed the $500,000 mark.
The filing was made within the STOCK Act's 45-day disclosure window. It does not indicate any violation.
For context, the sale comes as BlackRock shares trade near the top of their 52-week range of $917.39 to $1,219.94. The stock has gained roughly 15% since January.
Khanna's committee assignments give him oversight of defense contracting, federal procurement, and technology competition with China. BlackRock manages assets for the U.S. government and has contracts with federal agencies, though the connection between the trade and his committee work is not established by the filing.
You can review the latest congressional trades in our database, including this one and the 71 other BLK trades from members of both parties.