Rep. Julia Letlow has disclosed a purchase of Broadcom Inc. common stock (AVGO), according to a Periodic Transaction Report filed with the U.S. House of Representatives. The transaction, made by Letlow herself, was valued between $1,001 and $15,000 and was executed through a Merrill Lynch Investment Account (#025).
The transaction date listed on the filing is October 23, 2024. However, the disclosure was not filed until 292 days after the trade took place, well beyond the 45-day reporting window required under the STOCK Act. The filing does not include an explanation for the delay, and none is speculated upon here.
What the Filing Shows
Under the STOCK Act, members of Congress and their staff are required to publicly report new securities transactions within 45 days of becoming aware of them. This filing has been logged in whoisbuyingnow.com’s tracking system as a ‘congress buy’ signal, reflecting a straightforward purchase transaction by the member rather than a sale or exchange.
The amount range disclosed — between $1,001 and $15,000 — is one of the standard reporting bands used in these filings and does not indicate an exact dollar figure. Members are only required to disclose a range, not a precise transaction amount.
This is not the first Broadcom-related disclosure from Letlow’s office. Earlier reporting on this site covered a separate transaction involving the same stock: Julia Letlow Reports Broadcom (AVGO) Stock Sale, Filed 236 Days Late, which detailed a sale filed 236 days after the fact. Taken together, the two filings show a pattern of delayed disclosure surrounding trading activity in the same security within the same account.
Context on Reporting Timelines
Late filings under the STOCK Act are not uncommon and are not, by themselves, evidence of wrongdoing. The law’s disclosure requirement exists to create a public record of potential conflicts of interest, not to restrict what members of Congress may legally buy or sell. Missing the 45-day window can result in a fine, though enforcement and amounts vary.
Broadcom Inc. (AVGO) is a large semiconductor and infrastructure software company whose shares are widely held across institutional and individual portfolios alike. Readers interested in how other market participants have approached technology-sector positions may find relevant context in coverage such as Third Point LLC: 13F Portfolio Moves Tracked Quarterly, which tracks quarterly institutional filings.
This report is based solely on information contained in the publicly filed disclosure and is intended for informational tracking purposes only.