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TT

Trane Technologies plc

Sector: industrialsConstructionNYSEMarket Cap: $103.58B

Trane Technologies plc (TT) manufactures HVAC and climate control systems, with a primary political signal being direct holdings by former President Donald J. Trump and a net of 3 congressional sales versus 1 purchase in the last 12 months.

Govt Dependence
5/100
Regulatory Density
65/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat TT does

Trane Technologies plc is a global provider of heating, ventilation, and air conditioning (HVAC) systems, building management controls, and energy-efficient climate solutions. Its revenue is derived from commercial and residential HVAC equipment, aftermarket parts, and services. The company operates through its Trane and Thermo King brands.

12 months past · 3 months futureTT activity timeline

$519$442$365 AugSepOctNovDecJan '26FebMarAprMayJunJulAugSepOct ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Jul 28 $503.46 hi $376.43 lo $483.34 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 0 Ro Khanna (D) · Purchase · 2026-05-01Ro Khanna (D) · Purchase · 2026-01-29Val T. Hoyle (D) · Sale · 2025-09-23Val T. Hoyle (D) · sale · 2025-09-23 Renaissance Technologies · - $82910M · 2026-03-31Two Sigma Investments · - $29730M · 2026-03-31Citadel Advisors · + $291M · 2025-12-31Renaissance Technologies · + $120M · 2025-12-31D.E. Shaw & Co. · + $89M · 2025-12-31Millennium Management · - $67M · 2025-09-30Millennium Management · + $67M · 2025-12-31Renaissance Technologies · - $62M · 2025-09-30Two Sigma Investments · + $54M · 2025-12-31Citadel Advisors · - $27M · 2025-09-30
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)
250 trading days · 4 congressional trades shown · 0 insider buys · 10 13F filings · 0 past bill actions · 0 upcoming markups

Executive Branch ConflictsTT held by Trump-administration officials

Lifetime Government AwardsTT federal contracts

TT 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 TT

$113.10B
Total TT held by tracked 13F funds
6
Funds with TT positions
Renaissance Technologies $82.91B -35% 2 overlap 2026-03-31
Two Sigma Investments $29.73B -48% 2 overlap 2026-03-31
Citadel Advisors $291M +1083% 1 overlap 2025-12-31
D.E. Shaw & Co. $89M +868% 1 overlap 2025-12-31
Millennium Management $67M +8% 2025-12-31
Bridgewater Associates $9M -25% 1 overlap 2025-12-31

Politicians Trading TTMembers of Congress with recent TT positions

5 politicians traded TT across 42 disclosed transactions totaling $653K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TT). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TT

2026-05-01 Ro Khanna D-California · house Purchase $1,001 - $15,000
2026-01-29 Ro Khanna D-California · house Purchase $1,001 - $15,000
2025-09-23 Val T. Hoyle D-Oregon · house Sale $1,001 - $15,000
2025-09-23 Val T. Hoyle D-Oregon · house sale $1,001 - $15,000
2024-10-29 Val T. Hoyle D-Oregon · house purchase $1,001 - $15,000 318d late
2024-10-29 Val T. Hoyle D-Oregon · house Purchase $1,001 - $15,000 318d late
2025-05-12 Jefferson Shreve R-Indiana · house sale $50,001 - $100,000
2025-05-12 Jefferson Shreve R-Indiana · house Sale $50,001 - $100,000
2025-04-23 Ro Khanna D-California · house sale $1,001 - $15,000
2025-04-23 Ro Khanna D-California · house Sale $1,001 - $15,000
2025-04-07 Jefferson Shreve R-Indiana · house Purchase $50,001 - $100,000
2025-04-07 Jefferson Shreve R-Indiana · house purchase $50,001 - $100,000
30+ trades on file · most recent 2026-06-11

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

No Form 4 activity recorded in the last 180 days.

Political ProfileWhere TT sits in Washington

[object Object]

STRUCTURAL: No lobbying spend (`get_political_influence.lobbying.total_income`: $0), no federal contracts (`get_government_precedent.federal_contracts_summary`: null). EVIDENTIARY: Direct executive branch holdings by Donald J. Trump and Pete Hegseth (`get_executive_branch_exposure.by_ticker[0].holdings`: 3 positions). Congressional trading shows net selling (3 distinct sales vs. 1 purchase in last 12 months). Net: High-profile ownership offset by net legislative selling and no active political spending.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Stricter energy efficiency and refrigerant phase-down rules
    Environmental Protection Agency (EPA), Department of Energy (DOE)
    "Sector exposure implied; no specific bill impacts in `Recent bill_impacts`."

Regulatory opportunities

  • Federal incentives for energy-efficient building retrofits and electrification
    Department of Energy (DOE)
    "Sector exposure implied; no specific bill carveouts in `Recent bill_carveouts`."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

Member intelligence layer

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Frequently AskedAbout TT & political exposure

Does Trane Technologies plc (TT) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Trane Technologies 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 TT stock?
2 Trump cabinet members or senior White House staff have disclosed holdings in TT on their OGE 278 financial disclosures, including Donald J. Trump, Pete Hegseth. See the Cabinet Conflicts panel for details.
Has Congress traded TT stock?
146 congressional trades by 12 unique members of Congress, most recently on 2026-05-01. See the Congressional Trading panel for politician-by-politician breakdown.
What is TT political risk profile?
Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track TT 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. TT data is updated daily from these official federal sources.