Ashley Hinson’s financial disclosure lists $2.3 million to $8.8 million in family assets

By Rosalind Kerrow

WASHINGTON — Rep. Ashley Hinson, the Republican nominee for an open U.S. Senate seat in Iowa, reported family assets worth $2.3 million to $8.8 million in her latest House financial disclosure, with the largest piece a privately held stake in her husband’s insurance brokerage, according to the report she filed Aug. 13.

The figure is the sum of the value ranges Hinson listed for 83 asset entries belonging to her, her husband, Matthew Arenholz, and their two children. House rules require members to report values only in broad ranges, so the total is not an exact figure, and it is not a measure of net worth. The report lists no liabilities.

Hinson, who files under her married name, Ashley Hinson Arenholz, faces Democratic state Rep. Josh Turek and Libertarian Thomas Laehn on Tuesday in the race for the seat being vacated by Republican Sen. Joni Ernst. The nonpartisan Cook Political Report rates the race a toss-up, Iowa Public Radio reported in September.

An insurance stake and Iowa real estate

The largest entry is her husband’s privately held stock in High Street Insurance Partners, listed as High Street Holdco, valued at $1,000,001 to $5,000,000. The report lists dividends from it of $100,001 to $1,000,000 for 2025. Arenholz also received salary from High Street Insurance Services Central Inc. and the Elliott-Hartman Agency, according to the report. House rules do not require members to list a spouse’s salary amount.

His 401(k) through High Street holds a Fidelity 500 Index Fund position valued at $250,001 to $500,000, along with smaller funds.

The family’s real estate is held through two entities owned by Arenholz. Bam Development LLC, described as rental property development in Mount Pleasant, Iowa, is valued at $250,001 to $500,000 and produced no reported income. ANP Properties, an office building in Waterloo, Iowa, is valued at $100,001 to $250,000 and produced $5,001 to $15,000 in rent.

Index funds and bitcoin funds

Most of the remaining entries are mutual funds, exchange-traded funds, retirement accounts and a variable annuity in Hinson’s revocable trust. The report lists no individually held company stocks. The largest single brokerage holding is a Vanguard S&P 500 ETF position in her husband’s Schwab account, valued at $100,001 to $250,000.

Several accounts hold bitcoin funds. Her husband’s Schwab account lists the Grayscale Bitcoin Trust at $15,001 to $50,000, the Grayscale Bitcoin Mini Trust at $1,001 to $15,000 and the ProShares Bitcoin ETF at $1,001 to $15,000. Each of the children’s custodial accounts holds the Grayscale Bitcoin Trust at $1,001 to $15,000. Hinson’s traditional IRA holds two aerospace and defense ETFs, from Invesco and iShares, and a second custodial account for each child holds a uranium and nuclear energy ETF.

39 transactions in 2025

The report lists 39 transactions in 2025, 18 purchases and 21 sales, with a combined reported value of $242,039 to $1,055,000. Many were moves among funds inside the variable annuity in March and share-class swaps in her husband’s 401(k) on Dec. 1. Her husband’s Schwab account made partial sales of the Grayscale Bitcoin Trust on April 9 and April 11 and of the ProShares Bitcoin ETF on April 11, and partial sales of Vanguard sector and total-market ETFs in October.

Sponsored travel and the filing date

The report lists two trips paid for by outside groups in 2025: a trip to Geneva from Aug. 4 to Aug. 9 sponsored by the Ripon Society and the Franklin Center for Global Policy Exchange, and a trip to Seoul from April 12 to April 18 sponsored by the U.S. Association of Former Members of Congress and the Korea Society.

Annual reports were due May 15. Hinson requested an extension in April (request), and House rules allow extensions of up to 90 days. She filed Aug. 13. She lists no outside positions and no agreements with outside employers.

Hinson has made a ban on congressional stock trading part of her campaign. According to Punchbowl News, one of her ads says she is “fighting to ban stock trading in Congress.” The Inquisitor reviewed that ad and others on Wednesday. The House passed a bill that would bar members, spouses and dependent children from buying new individual stocks on July 22, and a Senate cloture vote on it failed Sept. 30.

Turek, as a Senate candidate, files his financial disclosures with the Senate, not the House. The Senate’s electronic disclosure system could not be reached for this article, so The Inquisitor has not reviewed his report.

The Inquisitor is requesting comment from Hinson’s congressional office through its published web form and from the Turek campaign at its published address. It is also seeking views from Citizens for Responsibility and Ethics in Washington, the Campaign Legal Center, OpenSecrets, Issue One and the Cato Institute. Responses will be added when received.