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WAT

Waters Corporation

Sector: healthcareMedical - Diagnostics & ResearchNYSEMarket Cap: $19.01B

Waters Corporation (WAT) is a provider of analytical instruments and software for life sciences and materials science, with a primary political signal being its $47.9M in federal contracts across 13 agencies and direct holdings by former President Donald J. Trump.

Govt Dependence
25/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat WAT does

Waters Corporation designs, manufactures, sells, and services high-performance liquid chromatography, mass spectrometry, and thermal analysis instrument systems and software. Its revenue is derived from the sale of instruments, consumables, and service contracts, primarily serving pharmaceutical, industrial, academic, and government laboratories. The company's operations are heavily exposed to healthcare and industrial regulatory environments.

12 months past · 3 months futureWAT activity timeline

$425$347$269 AugSepOctNovDecJan '26FebMarAprMayJunJulAugSepOct ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Jul 28 $412.54 hi $277.72 lo $380.18 CONGRESS 30 INSIDERS 0 13F FUNDS 30 BILLS 28 Ro Khanna (D) · Purchase · 2026-04-13Thomas H. Kean (R) · Sale · 2026-03-10Gilbert Ray Cisneros (D) · Purchase · 2026-03-18Thomas H. Kean (R) · Sale · 2026-02-13Kevin Hern (R) · Exchange · 2026-02-09Debbie Dingell (D) · Exchange · 2026-02-10Ro Khanna (D) · Purchase · 2026-01-29Julia Letlow (R) · Purchase · 2025-12-08Gilbert Ray Cisneros (D) · Purchase · 2025-09-30Gilbert Ray Cisneros (D) · purchase · 2025-09-30Ro Khanna (D) · purchase · 2025-09-29Ro Khanna (D) · Purchase · 2025-09-29Gilbert Ray Cisneros (D) · purchase · 2025-08-26Gilbert Ray Cisneros (D) · Purchase · 2025-08-12Gilbert Ray Cisneros (D) · purchase · 2025-08-12Gilbert Ray Cisneros (D) · Purchase · 2025-08-13Gilbert Ray Cisneros (D) · Purchase · 2025-08-26Gilbert Ray Cisneros (D) · purchase · 2025-08-13 Two Sigma Investments · + $3923M · 2026-03-31D.E. Shaw & Co. · + $128M · 2025-12-31D.E. Shaw & Co. · + $87M · 2025-09-30Citadel Advisors · + $46M · 2025-12-31Citadel Advisors · + $12M · 2025-09-30Two Sigma Investments · + $3M · 2025-12-31Two Sigma Investments · - $1M · 2025-09-30Bridgewater Associates · OPENED · 2025-09-30 S.827 · markup · 2025-07-30HR.2001 · committee · 2026-07-21HR.1860 · committee · 2025-09-16 MARKUP · Senate Health, Education, Labor, and Pensions Subcommittee o · 2026-07-29MARKUP · Senate Health, Education, Labor, and Pensions · 2026-07-30MARKUP · Senate Budget · 2026-08-04
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)
248 trading days · 18 congressional trades shown · 0 insider buys · 8 13F filings · 3 past bill actions · 3 upcoming markups

Executive Branch ConflictsWAT held by Trump-administration officials

Lifetime Government AwardsWAT federal contracts by year

$103M
total awarded · 2005–2026
995
contracts on file
2012
peak year ($18M)
$18M $9M 2005: $235K across 3 contracts $235K 2005 3 contracts 2006: $2M across 5 contracts $2M 2006 5 contracts 2007: $453K across 7 contracts $453K 2007 7 contracts 2008: $2M across 8 contracts $2M 2008 8 contracts 2009: $2M across 16 contracts $2M 2009 16 contracts 2010: $4M across 41 contracts $4M 2010 41 contracts 2011: $4M across 37 contracts $4M 2011 37 contracts 2012: $18M across 199 contracts (peak year) $18M 2012 199 contracts 2013: $13M across 147 contracts $13M 2013 147 contracts 2014: $5M across 58 contracts $5M 2014 58 contracts 2015: $3M across 70 contracts $3M 2015 70 contracts 2016: $746K across 20 contracts $746K 2016 20 contracts 2017: $2M across 39 contracts $2M 2017 39 contracts 2018: $2M across 40 contracts $2M 2018 40 contracts 2019: $3M across 25 contracts $3M 2019 25 contracts 2020: $8M across 24 contracts $8M 2020 24 contracts 2021: $7M across 34 contracts $7M 2021 34 contracts 2022: $6M across 30 contracts $6M 2022 30 contracts 2023: $6M across 29 contracts $6M 2023 29 contracts 2024: $6M across 67 contracts $6M 2024 67 contracts 2025: $7M across 68 contracts $7M 2025 68 contracts 2026: $2M across 28 contracts $2M 2026 28 contracts
Top contracts by award amount
$2.6M Department of Defense 2020-12-10 PREVENTATIVE MAINTENANCE FOR THE WALTER REED ARMY INSTITUTE OF RESEARC
$2.4M Department of Health and Human Serv 2012-05-01 IGF::OT::IGF MAINTENANCE AND REPAIR OF LABORATORY INSTRUMENTS
$2.2M Department of Health and Human Serv 2022-07-01 WATERS LAB EQUIPMENT MAINTENANCE AGREEMENT
$2.1M Department of Health and Human Serv 2021-08-23 CHROMATOGRAPHY DATA SYSTEM FOR OMPSLO SLEP (VARIOUS SITES)
$1.7M Department of State 2012-07-06 BOTTLED WATER FOR CONSUMPTION AT U.S. EMBASSY BAGHDAD, IRAQ
22 years · 995 contracts

Smart Money · 13F HoldingsHedge funds holding WAT

$4.10B
Total WAT held by tracked 13F funds
3
Funds with WAT positions
Two Sigma Investments $3.92B +60% 7 overlap 2026-03-31
D.E. Shaw & Co. $128M +16% 5 overlap 2025-12-31
Citadel Advisors $46M +211% 5 overlap 2025-12-31

Politicians Trading WATMembers of Congress with recent WAT positions

9 politicians traded WAT across 44 disclosed transactions totaling $6.3M (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just WAT). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading WAT

2026-04-13 Ro Khanna D-California · house Purchase $1,001 - $15,000
2026-03-10 Thomas H. Kean R-New Jersey · house Sale $1,001 - $15,000
2026-03-18 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2026-02-13 Thomas H. Kean R-New Jersey · house Sale $1,001 - $15,000
2026-02-09 Kevin Hern R-Oklahoma · house Exchange $1,001 - $15,000
2026-02-10 Debbie Dingell D-Michigan · house Exchange $1,001 - $15,000
2026-01-29 Ro Khanna D-California · house Purchase $1,001 - $15,000
2024-11-19 Julia Letlow R-Louisiana · house Sale $1,001 - $15,000 420d late
2024-10-23 Julia Letlow R-Louisiana · house Purchase $1,001 - $15,000 447d late
2025-12-08 Julia Letlow R-Louisiana · house Purchase $1,001 - $15,000
2025-09-30 Gilbert Ray Cisneros D-California · house Purchase $1,001 - $15,000
2025-09-30 Gilbert Ray Cisneros D-California · house purchase $1,001 - $15,000
30+ trades on file · most recent 2026-05-13

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 WATLive legislation impacting this stock

Political ProfileWhere WAT sits in Washington

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STRUCTURAL: High regulatory density (85) from healthcare bill exposure and broad federal contracting ($47.9M, 13 agencies). EVIDENTIARY: Mixed congressional trading (8 buys vs. 2 sales), zero corporate insider buys (`get_corporate_insider_signal.total_buys`: 0), and direct executive branch holding by Donald J. Trump (`get_executive_branch_exposure.by_ticker[0].holdings`). Net: Structural government reliance offset by weak evidentiary buying signals.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Broad exposure to healthcare regulation impacting instrument demand and reimbursement.
    Department of Health and Human Services
    "`get_government_precedent.federal_contracts_summary[0].agencies` includes HHS; `Recent bill_impacts` shows 8 healthcare bills with revenue impacts."

Regulatory opportunities

  • Continued federal procurement for analytical instruments across science and safety agencies.
    Multiple (13 agencies)
    "`get_government_precedent.federal_contracts_summary[0]` shows 309 contracts totaling $47.9M across agencies including DOD, HHS, EPA, and NASA."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

Member intelligence layer

Live signals + predictions for WAT — for Founders

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Frequently AskedAbout WAT & political exposure

Does Waters Corporation (WAT) hold federal contracts?
Yes. Waters Corporation has 995 federal contract awards totaling $103,394,424, primarily from agencies including Consumer Product Safety Commission, Department of Agriculture, Department of Commerce. See full contract list and amounts on this page.
Which Trump cabinet officials own WAT stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in WAT on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded WAT stock?
100 congressional trades by 14 unique members of Congress, most recently on 2026-04-13. See the Congressional Trading panel for politician-by-politician breakdown.
What is WAT political risk profile?
Government dependence: 25/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track WAT 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. WAT data is updated daily from these official federal sources.