HomeWorld NewsNancy Pelosi Reveals Big Tech Bets as Portfolio Soars 70% in 2024

Nancy Pelosi Reveals Big Tech Bets as Portfolio Soars 70% in 2024


Former House Speaker Nancy Pelosi disclosed big trade in leading technology companies, including Apple (AAPL, Financial), Nvidia (NVDA, Financial), Amazon (AMZN, Financial) and Alphabet (GOOG, Financial) in a Periodic Transaction Report filed on Jan. 15. The report points to activity between December mid and January mid.

On Dec. 29, Pelosi sold 31,600 shares of Apple stock, between $5 million and $25 million, making it the biggest transaction so far. She also added 50 call options into Alphabet and Amazon at $250,001 to $500,000 expires in January 2026.

Pelosi sold 10,000 shares of Nvidia between $1 million and $5 million and exercised 500 call options worth up to $1 million. She purchased 50 additional call options with a strike price of $80, expiring in January 2026.

The additional transactions included the exercise of 140 call options in Palo Alto Networks (PANW, Financial) worth $1 million to $5 million, as well as 50 call options in Tempus AI (TEM, Financial) and Vistra Energy (VST, Financial).

Data from Unusual Whales, which tracks Congressional trading, found Pelosi’s portfolio shot up 70.9% in 2024, more than the S&P 500’s 25% gain. However, Representative David Rouzer had the best of the Congressional traders, seeing a 140% portfolio increase.

This article first appeared on GuruFocus.



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