Kevin Hern dumped 28 stocks in August and moved into a municipal bond

As seen on the 24/7 Wall St. homepage on September 1, 2026.

  • ADBE Adobe Inc. - Common Stock (ADBE)Partial sell$15K – $50K
  • ALC Hern Family Foundation Alcon Inc. Ordinary Shares (ALC)Sell$1K – $15K
  • BUD Kevin Hern Traditional IRA Anheuser-Busch Inbev SA Sponsored ADR (BUD)Sell$1K – $15K
  • BIIB Kevin Hern Traditional IRA Biogen Inc. - Common Stock (BIIB)Sell$1K – $15K
  • BA Boeing Company (BA)Sell$1K – $15K
  • BA Boeing Company (BA)Sell$15K – $50K
  • CANADIAN CNTY OKLA EDL FACS AUTH EDL 3.00000% 09/01/2029Buy$100K – $250K
  • CARR Carrier Global Corporation Common Stock (CARR)Sell$1K – $15K
+ 21 more trades in this filing
Disclosed 27 days after the earliest trade

Hern sold across 28 equity positions in August, from Adobe and Boeing to Microsoft and Home Depot, and put $100K to $250K into an Oklahoma municipal bond instead. That is a wholesale rotation out of stocks and into tax-free paper by a Ways and Means member now running for Senate, disclosed 27 days later.

Continue ReadingShow less

A September 1 filing shows Hern selling out of equities across technology, aerospace, consumer goods, and health care in August, with the proceeds landing in a Canadian County, Oklahoma educational facilities authority municipal bond.

Municipal bond interest is generally exempt from federal income tax, and Hern sits on the Ways and Means Committee, which holds direct jurisdiction over the tax code.

The exits include partial or full sales of Adobe, Boeing, Alcon, Biogen, Anheuser-Busch InBev, and Carrier Global, with Boeing sold twice in a single day.

Hern is running for Senate in Oklahoma, so investors who track congressional trading will be watching this rotation of 28 equity positions closely.

Mentioned: ADBE, ALC, BUD, BIIB, BA, CARR, CL, GAP