13F.ai: Alternative data, from filing to signal.

Companies

By tier, with the last 12 months of insider, congressional, contract and lobbying activity.

Companies

3 tiers

Insiders buying

at 9 companies; 39 selling

Congress trades

7 buys · 6 sells

New federal awards

$4.0M

started in the last 12 months

Lobbying, last 12 months

$10.3M

filings posted in that period

Companies in the Government stakeholders theme, last 12 months of activity
		Role in the theme
INTC Intel Corporation	Stake completed	Common stock and a warrant held by the Commerce Department (2025)	2 insiders bought · 2 sold	6 buys · 6 sells (8 members)	—	$3.5M
MP MP Materials Corp.	Stake completed	Preferred stock and a warrant held by the Defense Department (2025)	3 insiders bought · 3 sold	—	—	$1.0M
LAC Lithium Americas Corp.	Stake completed	Warrants held by the Energy Department, plus a stake in its Thacker Pass project (2025)	1 insider bought · 1 sold	—	—	$630.0K
TMQ Trilogy Metals Inc.	Stake completed	Common stock and warrants held by the Defense Department (2026)	0 insiders bought · 3 sold	—	—	—
QNT Quantinuum Inc.	Stake completed	Common stock held by the Commerce Department (2026)	11 insiders bought · 0 sold	1 buy · 0 sells (1 member)	—	$1.5M
QBTS D-Wave Quantum Inc.	Stake completed	Common stock held by the Commerce Department (2026)	1 insider bought · 7 sold	—	—	—
ELMT The Elmet Group Co.	Stake completed	Preferred stock and warrants held by the Defense Department (Elmet Group, 2026)	2 insiders bought · 0 sold	—	—	—
RGTI Rigetti Computing, Inc.	Agreement signed	Common stock agreed with the Commerce Department, not yet issued	0 insiders bought · 7 sold	—	—	—
GFS GlobalFoundries Inc.	Agreement signed	Common stock agreed with the Commerce Department (GlobalFoundries)	3 insiders bought · 5 sold	—	—	$2.8M
USAR USA Rare Earth, Inc.	Agreement signed	Common stock and a warrant agreed with the Commerce Department, not yet issued	2 insiders bought · 1 sold	—	—	$150.0K
INFQ Infleqtion, Inc.	Letter of intent or conditional	Common stock under a Commerce Department letter of intent	1 insider bought · 7 sold	—	—	$465.0K
ALMU Aeluma, Inc.	Letter of intent or conditional	Equity tied to a Commerce Department award, under a letter of intent (Aeluma)	0 insiders bought · 3 sold	—	$4.0M	—
WOLF Wolfspeed, Inc.	Letter of intent or conditional	Warrants tied to a conditional Defense Department loan (Wolfspeed)	—	—	—	$300.0K

Activity covers the 12 months to Nov 15, 2026. Insider figures count distinct filers, not dollars. Members of Congress have up to 45 days to disclose a trade, so recent weeks fill in late. Lobbying is matched to companies by client name and may miss filings made under another name.

Companies

By tier, with the last 12 months of insider, congressional, contract and lobbying activity.

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Tiers

How much of each company the theme explains.

Stake completed7 companiesThe government has received the shares or warrants.
Agreement signed3 companiesAn agreement is signed, but the shares have not yet been issued.
Letter of intent or conditional3 companiesA letter of intent or conditional terms exist, but the deal is not final.

How this list is chosen

Last reviewed Oct 27, 2026.

Listed companies in which the US government owns equity or warrants, or has signed an agreement to take them, confirmed by a company filing or agency release. Stakes in a subsidiary or a project are not included. The list is updated when a filing or agency release confirms a new stake or a change to one, and every change is logged below.

Change log

Oct 27, 2026First list published with 13 companies.

The case commonly made

What supporters of the theme usually argue. Not our view.

Supporters argue that taking equity lets taxpayers share in the results when public money backs a company.
The case usually made is that stakes can help secure supply of materials and technology seen as important to national security.
Supporters say equity can tie public support to company performance more directly than grants or loans.

Risks commonly cited

What critics and cautious investors usually raise. Not our view.

Critics note that government ownership can blur the line between regulator, customer and shareholder.
Critics argue that choosing individual companies can distort competition and private investment.
Risks often raised include unclear terms, changing policy and open questions about how a stake would eventually be sold.

Ask your AI about this

Connect Claude, ChatGPT, Gemini or Grok (Microsoft 365 Copilot coming soon) to 13F.ai and ask in plain English. Copy a question to get started:

Using 13F.ai, which companies on the "Government stakeholders" list had insider buying or selling, or trades by members of Congress, in the last 90 days? Show the filings.
Using 13F.ai, compare the companies on the "Government stakeholders" list by federal contracts and lobbying spend over the last 12 months.
Using 13F.ai, which big funds added to or trimmed positions in the companies on the "Government stakeholders" list in the latest 13F quarter?

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A theme is a list of companies with something in common, chosen under a published rule. It is information, not a recommendation or investment advice. Activity figures come from public filings, each linked on the company's page; none of it predicts what a price will do. Disclaimer.

Role in the theme

INTC

Intel Corporation

Stake completed

Common stock and a warrant held by the Commerce Department (2025)

2 insiders bought · 2 sold

6 buys · 6 sells (8 members)

—

$3.5M

MP Materials Corp.

Stake completed

Preferred stock and a warrant held by the Defense Department (2025)

3 insiders bought · 3 sold

—

$1.0M

LAC

Lithium Americas Corp.

Stake completed

Warrants held by the Energy Department, plus a stake in its Thacker Pass project (2025)

1 insider bought · 1 sold

—

$630.0K

TMQ

Trilogy Metals Inc.

Stake completed

Common stock and warrants held by the Defense Department (2026)

0 insiders bought · 3 sold

—

QNT

Quantinuum Inc.

Stake completed

Common stock held by the Commerce Department (2026)

11 insiders bought · 0 sold

1 buy · 0 sells (1 member)

—

$1.5M

QBTS

D-Wave Quantum Inc.

Stake completed

Common stock held by the Commerce Department (2026)

1 insider bought · 7 sold

—

ELMT

The Elmet Group Co.

Stake completed

Preferred stock and warrants held by the Defense Department (Elmet Group, 2026)

2 insiders bought · 0 sold

—

RGTI

Rigetti Computing, Inc.

Agreement signed

Common stock agreed with the Commerce Department, not yet issued

0 insiders bought · 7 sold

—

GFS

GlobalFoundries Inc.

Agreement signed

Common stock agreed with the Commerce Department (GlobalFoundries)

3 insiders bought · 5 sold

—

$2.8M

USAR

USA Rare Earth, Inc.

Agreement signed

Common stock and a warrant agreed with the Commerce Department, not yet issued

2 insiders bought · 1 sold

—

$150.0K

INFQ

Infleqtion, Inc.

Letter of intent or conditional

Common stock under a Commerce Department letter of intent

1 insider bought · 7 sold

—

$465.0K

ALMU

Aeluma, Inc.

Letter of intent or conditional

Equity tied to a Commerce Department award, under a letter of intent (Aeluma)

0 insiders bought · 3 sold

—

$4.0M

—

WOLF

Wolfspeed, Inc.

Letter of intent or conditional

Warrants tied to a conditional Defense Department loan (Wolfspeed)

—

$300.0K

Change log

Ask your AI about this

Related themes