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MDT

Medtronic plc

Sector: healthcareMedical - DevicesNYSEMarket Cap: $124.23B

Medtronic plc is a medical device company with significant political exposure through $117.6M in annual doctor payments, $50K in lobbying, and direct holdings by a former president.

Govt Dependence
85/100
Regulatory Density
90/100
Lobbying Intensity
20/100
Political Signal
BULLISH

BusinessWhat MDT does

Medtronic plc develops, manufactures, and sells medical devices and therapies across multiple disease areas, including cardiac and vascular, minimally invasive therapies, restorative therapies, and diabetes. Revenue is generated through the sale of implantable devices, surgical instruments, and associated consumables to hospitals and healthcare systems globally. The business is heavily dependent on physician adoption and reimbursement policies from government and private payers.

12 months past · 3 months futureMDT activity timeline

$109$93$77 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $105.35 hi $79.37 lo $80.03 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 41 Kevin Hern (R) · Sale · 2026-03-20Ro Khanna (D) · Purchase · 2026-01-23Ro Khanna (D) · Sale · 2026-01-22Julie Johnson (D) · Sale · 2025-12-18Julie Johnson (D) · Sale · 2025-11-13Richard McCormick (R) · Purchase · 2025-11-05Julie Johnson (D) · Sale · 2025-08-14Julie Johnson (D) · sale · 2025-08-14Ro Khanna (D) · Purchase · 2025-08-04Ro Khanna (D) · purchase · 2025-08-04Ro Khanna (D) · sale · 2025-06-27Ro Khanna (D) · Sale · 2025-06-27 Citadel Advisors · OPENED $833M · 2025-06-30Citadel Advisors · OPENED $502M · 2025-12-31Millennium Management · OPENED $458M · 2025-09-30Millennium Management · OPENED $351M · 2025-06-30Citadel Advisors · OPENED $327M · 2025-09-30Millennium Management · OPENED $286M · 2025-12-31D.E. Shaw & Co. · OPENED $138M · 2025-06-30D.E. Shaw & Co. · OPENED $100M · 2025-09-30Two Sigma Investments · OPENED $93M · 2025-12-31Two Sigma Investments · OPENED $75M · 2025-06-30D.E. Shaw & Co. · OPENED $63M · 2025-12-31 HR.1860 · committee · 2025-09-16 MARKUP · House Appropriations Subcommittee on Department of Homeland · 2026-05-18MARKUP · Senate Appropriations Subcommittee on Commerce, Justice, Sci · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Departments of Labor, · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-19MARKUP · House Appropriations Subcommittee on Commerce, Justice, Scie · 2026-05-19MARKUP · Senate Appropriations Subcommittee on Transportation, Housin · 2026-05-19MARKUP · Senate Budget · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-20MARKUP · House Education and Workforce Subcommittee on Health, Employ · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Oversight and Inve · 2026-05-20MARKUP · House Energy and Commerce Subcommittee on Health · 2026-05-20MARKUP · Senate Appropriations Subcommittee on Energy and Water Devel · 2026-05-20MARKUP · Senate Veterans' Affairs · 2026-05-20MARKUP · Senate Health, Education, Labor, and Pensions · 2026-05-21MARKUP · Senate Appropriations Subcommittee on Department of Defense · 2026-05-21MARKUP · House Appropriations Subcommittee on Departments of Transpor · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 12 congressional trades shown · 0 insider buys · 11 13F filings · 1 past bill actions · 16 upcoming markups

Executive Branch ConflictsMDT held by Trump-administration officials

Lifetime Government AwardsMDT federal contracts

MDT doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding MDT

$7.47B
Total MDT held by tracked 13F funds
40
Funds with MDT positions
+40
Funds opened this quarter
Citadel Advisors $833M opened 2025-06-30
Citadel Advisors $757M opened 2025-03-31
Millennium Management $560M opened 2024-09-30
Citadel Advisors $524M opened 2024-09-30
Citadel Advisors $502M opened 5 overlap 2025-12-31
Millennium Management $458M opened 2025-09-30
Citadel Advisors $426M opened 2024-12-31
Millennium Management $351M opened 2025-06-30
32 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading MDTMembers of Congress with recent MDT positions

11 politicians traded MDT across 52 disclosed transactions totaling $673K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just MDT). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading MDT

2026-03-20 Kevin Hern R-Oklahoma · house Sale $15,001 - $50,000
2026-01-23 Ro Khanna D-California · house Purchase $1,001 - $15,000
2026-01-22 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-12-18 Julie Johnson D-Texas · house Sale $1,001 - $15,000
2025-11-13 Julie Johnson D-Texas · house Sale $1,001 - $15,000
2025-11-05 Richard McCormick R-Georgia · house Purchase $1,001 - $15,000
2023-03-15 Richard McCormick R-Georgia · house Purchase $1,001 - $15,000 917d late
2023-03-15 Richard McCormick R-Georgia · house purchase $1,001 - $15,000 917d late
2025-08-14 Julie Johnson D-Texas · house Sale $1,001 - $15,000
2025-08-14 Julie Johnson D-Texas · house sale $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-08-04 Ro Khanna D-California · house purchase $1,001 - $15,000
30+ trades on file · most recent 2026-04-03

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting MDTLive legislation impacting this stock

Political ProfileWhere MDT sits in Washington

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STRUCTURAL: High alignment with key committee chairs (Cassidy-HELP, Capito-Approps LHHS) and a focused $50K lobbying campaign via AdvaMed. EVIDENTIARY: Zero corporate insider buys in 180 days (`get_corporate_insider_signal.total_buys`: 0), but former President Trump holds MDT stock valued up to $250K (`get_executive_branch_exposure.by_ticker[0].holdings[1].value_bucket`). Net: Strong structural access outweighs weak insider buying signal.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Heightened scrutiny of physician payments under Sunshine Act
    CMS
    "Annual doctor payments exceeding $100M documented in `get_political_influence.doctor_payments`."

Regulatory opportunities

  • Lobbying for favorable device regulation and coverage
    FDA, CMS
    "Lobbying filing for 'regulation and coverage of medical devices' via AdvaMed (`get_political_influence.lobbying_patterns[0].lobbying_amount`: $50,000)."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.

LobbyingWho's hired to advocate for MDT

ADVANCED MEDICAL TECHNOLOGY ASSOCIATION (AdvaMed) · $50K healthcare
Member intelligence layer

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Frequently AskedAbout MDT & political exposure

Does Medtronic plc (MDT) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Medtronic plc. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own MDT stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in MDT on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded MDT stock?
464 congressional trades by 58 unique members of Congress, most recently on 2026-03-20. See the Congressional Trading panel for politician-by-politician breakdown.
What is MDT political risk profile?
Government dependence: 85/100. Lobbying intensity: 20/100. Political signal: bullish. Donor party split: R 100% / D 0%.
How does GovGreed track MDT political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. MDT data is updated daily from these official federal sources.