Pelosi's Portfolio: What's She Buying?

As of July 2024, Nancy Pelosi and her husband, Paul Pelosi, have made several significant investments. These include purchases of stock in Nvidia, Broadcom, and Walt Disney Co. They have also sold off stocks in Tesla and Visa. Pelosi's portfolio is estimated to have reached a value as high as $23 million, with one-day gains of $1.4 million. The couple has made large bets on tech stocks, including those of big tech companies that Pelosi is responsible for regulating.

Pelosi's investments in Nvidia

Nancy Pelosi and her husband, Paul Pelosi, have been known to make significant investments in Nvidia. Paul Pelosi, who owns a San Francisco-based investment firm, made headlines in July 2022 when he purchased between $1 million and $5 million in Nvidia stock options. This transaction occurred ahead of a vote on a chip-manufacturing bill in Congress, raising questions about the timing of the investment.

In November 2023, Nancy Pelosi purchased 50 Nvidia call options with a strike price of $120 and an expiration date of December 20, 2024. This investment was valued at around $1.8 million. This particular transaction has proven to be profitable, with Nvidia shares up about 166% since the purchase.

The Pelosis have faced scrutiny and criticism for their stock trades, with some accusing them of benefiting from insider information. In 2021, Nancy Pelosi opposed banning members of Congress and their families from trading individual securities, stating that they should be able to participate in a free-market economy. However, there have been efforts to introduce legislation, such as the PELOSI Act, aimed at preventing members of Congress from trading stocks.

Despite the controversy, the Pelosis have continued to invest in Nvidia. In February 2024, they reported a transaction for Nvidia call options worth between $1 million and $5 million. This investment has already yielded a profit of over $1 million for the couple.

Overall, the Pelosis' investments in Nvidia have been substantial, and they have made or missed out on significant profits from these transactions. The timing of their trades and the potential influence of Nancy Pelosi's position as a member of Congress have sparked ongoing debates about ethical boundaries in political stock trading.

Pelosi's investments in Palo Alto Networks

In February 2024, Nancy Pelosi, the former Speaker of the House, purchased 70 call options in Palo Alto Networks Inc. (PANW), a leading cybersecurity company and US government contractor. The strike price was $200, with an expiration date of January 17, 2025. This particular investment raised some eyebrows among Pelosi's critics due to the company's role as a government contractor. The total value of the call options was between $500,000 and $1 million.

Palo Alto Networks is a prominent player in the cybersecurity industry, specialising in providing firewalls and cybersecurity software to a global customer base. The company's shares experienced a surge following Pelosi's disclosure of her investment, rising by 9% on Monday after the news broke. This purchase was made shortly after the company lowered its full-year revenue and billing guidance, which resulted in a plunge in its share price.

Pelosi's investment choices have been closely watched by stock traders on social media platforms, who have been eager to replicate her trades due to the strong returns she has generated. Pelosi's portfolio, including her spouse's trades, has reached impressive values, with a worth of up to $23 million, a substantial multiple of her annual salary.

The former House Speaker has been at the centre of discussions regarding the appropriateness of members of Congress owning individual stocks and the potential for utilising insider information to influence their investment decisions. Despite this, members of Congress are still permitted to engage in stock trading as long as they disclose their trades within 45 days.

Pelosi's investments in Microsoft

While Nancy Pelosi herself does not trade stocks, her husband, Paul Pelosi, has made several investments in Microsoft.

In March 2021, Paul Pelosi purchased 15,000 shares of Microsoft at a strike price of $130 per share, totalling $1.95 million. On the same day, he also paid $1.4 million for 10,000 shares valued at $140 apiece. Since these purchases, Microsoft's share price has increased by nearly 11%.

In May 2022, Paul Pelosi purchased 50 Microsoft call options with a strike price of $180 and an expiration date of June 2023. In June 2023, he exercised these options, purchasing 5,000 shares of Microsoft stock. This investment has seen a 69% increase since it was disclosed in 2022, outpacing the S&P 500 by more than 35%.

In June 2024, Paul Pelosi exercised 50 call options purchased in May 2022, buying 5,000 shares of both Apple and Microsoft stocks. These options had a strike price of $180 for Microsoft, and the shares closed at $335.02, totalling about $1.7 million. Since the options were purchased in May 2022, Microsoft's shares have climbed 29%.

These investments have raised suspicions due to their timing and the potential influence of Nancy Pelosi's political knowledge. However, she has repeatedly denied any involvement in her husband's trades, stating that he makes these investments independently.

Pelosi's investments in Alphabet Inc

Nancy Pelosi, the former Speaker of the House, and her husband, Paul Pelosi, have made several investments in Alphabet Inc., the parent company of Google and YouTube. In December 2021, Paul Pelosi purchased Alphabet call options, which he later exercised in September 2022 to acquire 20,000 shares of Alphabet's Class C shares. This transaction raised questions as it occurred just a week before House leadership introduced a bill to ban members of Congress and their spouses from trading individual stocks, a bill that Nancy Pelosi initially opposed but later supported.

In a separate transaction, Paul Pelosi also generated significant profits from Alphabet options. In July 2021, he exercised call options to acquire 4,000 shares of Alphabet at a strike price of $1,200, resulting in a gain of $4.8 million, which later rose to $5.3 million as share prices increased. This trade occurred before the House Judiciary Committee's vote on antitrust legislation targeting Alphabet's Google, along with Apple and Amazon. Speaker Nancy Pelosi's spokesperson denied any involvement or prior knowledge of these transactions by the Speaker.

In addition to their investments in Alphabet Inc., the Pelosis have also made notable trades in other tech companies, including Microsoft, Nvidia, and Apple. These investments have generated substantial profits and raised questions about potential conflicts of interest for lawmakers involved in regulating these industries.

Pelosi's investments in Broadcom

On 24 June 2024, Nancy Pelosi purchased 20 call options of Broadcom with a strike price of $800 and an expiration date of 20 June 2025. The total value of this transaction is estimated to be between $1,000,001 and $5,000,000. Broadcom, a global supplier of semiconductor and infrastructure software products, has been a popular choice among investors recently.

Broadcom has demonstrated robust financial performance, boasting a substantial market capitalization of $792.19 billion. The company has also raised its dividend for 14 consecutive years, reflecting a strong commitment to shareholder returns. Analysts anticipate sales growth in the current year, which could have influenced Pelosi's decision to invest in the company. With a promising outlook, Broadcom's consistent performance and potential for continued growth could be appealing for long-term investors. Pelosi's investment in Broadcom shows a strong bullish stance on AI, and her moves are closely watched by investors.

Paul Pelosi, Nancy Pelosi's husband, is an investment professional. His trades, disclosed by Nancy Pelosi, have included the purchase of call options on Broadcom. This has led to the creation of ETFs that buy and sell the shares traded by members of Congress, with impressive performance so far.

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