Overview
Virginia Foxx, U.S. Representative for North Carolina’s 5th congressional district, reported a series of equity transactions involving Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Ellington Financial Inc. (NYSE: EFC) during June 2026.
Transaction Details
- June 18, 2026 – Alliance Resource Partners: Foxx sold a portion of her holdings in Alliance Resource Partners, L.P., consisting of common units representing limited partnership interests. The transaction value is disclosed in the $15,001‑$50,000 range. At the time of reporting, ARLP was trading at $24.69 per unit, with a market capitalization of $3.17 billion and a dividend yield of 9.72%, having maintained dividend payments for 28 consecutive years.
- June 18, 2026 – Ellington Financial Preferred Stock: On the same day, Foxx sold a portion of her stake in Ellington Financial Inc. 7.00% Series D Cumulative Perpetual Redeemable Preferred Stock (NYSE: EFC $D). The reported value of this sale also falls between $15,001 and $50,000.
- June 30, 2026 – Ellington Financial Preferred Stock Purchase: Foxx purchased additional shares of the same Ellington Financial 7.00% Series D Preferred Stock. The purchase amount is disclosed as between $1,001 and $15,000.
Reporting
All three transactions were disclosed in a Periodic Transaction Report filed with the Clerk of the U.S. House of Representatives on July 1, 2026, satisfying the STOCK Act requirement to report congressional trades within 45 days of execution.
Commentary
The filing notes a “strategic shift” in Foxx’s investment portfolio, though no specific rationale is provided. Investors who monitor congressional trading activity may consider these moves in their analysis.