Pelosis' smelly stock moves and other commentary - New York Post InvestorPlace has all the most recent stock market coverage that traders will want to know about for Wednesday! Salesforce (CRM) is a customer relationship management (CRM) platform focused on providing businesses software and applications centered around marketing, sales, customer service, analytics, and more. Unusual Whales' report shows that Pelosi disclosed owning shares in Tesla and Roblox in March. It offers a range of products and services, including credit cards, charge cards, travel services, and loans. She became wealthy through business ventures like construction companies, vineyards, and real estate holdings around Napa Valley. "Year after year, politicians somehow manage to outperform the market, buying and selling millions in stocks of companies they're supposed to be regulating," Republican Sen. Josh Hawley said. Roblox Corporation (NYSE:RBLX) develops and operates an online entertainment platform. Here is what the fund said: This quarter, we bought shares inPayPal Holdings, Inc. (NASDAQ:PYPL), the payments platform. Nancy Pelosi's net worth is estimated to be $300.5 million. Created by Three InvesteersRead our blogPrivacy Policy, Stock options can be bought and sold on exchanges just like regular company shares. She is married to Paul Pelosi, an owner of the San Francisco-headquartered venture capital firm Financial Leasing Services. Comparative assessments and other editorial opinions are those of U.S. News This gives the broader public a unique insight into stock trading dealings the politicians engage in. Nancy Pelosi is an American politician who is the Minority Leader of the House of Representatives, representing California's 12th congressional district. Over 50 members of Congress have a net worth of $10 million. And it has been argued that she has shared some of her knowledge with her husband, which allowed him to make well-informed stock market bets. In September 2022, Pelosi purchased 20,000 shares of Alphabet by exercising 200 call options. Lately, Pelosi has been quietly buying the dip on tech stocks that have witnessed a large correction in their prices due to rising interest rates. Even small-time investors can get into high-priced real estate with these seven REIT ETFs that pay dividends. Later in the year, the Californian Democrat came forth with more trades where she exercised previously purchased call options: On June 17, 2022 - the same date as their expiry - 200 call options (20,000 shares) of Nvidia Corp (NVDA:US) were exercised at a strike price of $100. Still, the price of CRM at the time Pelosi bought it was $253, meaning that it is currently trading -36% removed from that price point. In its Q2 2022 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and NVIDIA Corporation (NASDAQ:NVDA) was one of them. When asked in December 2021 whether members of Congress should even be allowed to trade stocks, Pelosi answered in the affirmative. According to the data available publicly, the House Speaker. Theyve made significant losses with Nvidia, Roblox, and other assets. In May 2019, it was reported that Congresswoman Pelosi had an estimated net worth of over $75 million making her one of the richest members of Congress. Furthermore, Roblox is a top contender to become the most popular metaverse platform, so the growth opportunity is huge. PDF P erioDic ranSaction ePort - House NVIDIAs stock was hit even harder, down 44.4%, impacted by concerns over the health of the consumer, dramatic declines in crypto, and COVID-related lockdowns in China. Which it naturally did, after a slight drop. Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems. According to recent reports, Nvidia could be one of the biggest benefactors of the ChatGPT arms race, as the ability to supply high-performance computer hardware needed for the advanced AI bot is right up the companys alley. Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Citadel Investment Group is a leading shareholder in NVIDIA Corporation (NASDAQ:NVDA) with 19.2 million shares worth more than $2.3 billion. Mandatory filings from late March show that Pelosi. is a leading shareholder in AllianceBernstein Holding L.P. (NYSE:AB) with 777,000 shares worth more than $27 million. AllianceBernstein Holding L.P. (NYSE:AB) is a publicly owned, investment manager. Welcome to congress trading twitter @elonmusk. A regulatory filing dated late last year reveals that Pelosi purchased 100 CALL options worth somewhere between $500,000 and $1,000,000 in Micron Technology (NASDAQ:MU) stock on December 17. Former Speaker of the House and Congresswoman Nancy Pelosi (D-Calif.)is well-known for questionable stock trades made by herself and husband Paul Pelosi. Some of the top stocks in the Nancy Pelosi stock portfolio include prominent names like Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc.. That year alone, she earned more than $100,000 from dividends and gains on their investments. The soon-to-be hundred-year-old integrated entertainment company is the fourth-largest holding of our Nancy Pelosi strategy taking up 10.1% of the portfolio's AUM. In fact, MU has outperformed several of its hardware-producing counterparts in the past 12 months, losing just -25%. In its Q2 2022 investor letter, Mayar Capital, an asset management firm, highlighted a few stocks and PayPal Holdings, Inc. (NASDAQ:PYPL) was one of them. Further, Roger had been a long-term director of General Motors. Among the hedge funds being tracked by Insider Monkey, Omaha-based investment firm Berkshire Hathaway is a leading shareholder in American Express Company (NYSE:AXP) with 151.6 million shares worth more than $20 billion. Her top holdings include Microsoft (MSFT), Salesforce (CRM), Google (GOOGL), and Tesla (TSLA). Post Editorial Board. The transaction was disclosed the same day it was made. Nancy and Paul Pelosi's 2022 Stock Market Performance The Walt Disney Company (DIS) is widely regarded as the largest entertainment conglomerate in the world. With a market cap of $1.263 trillion, It is the fourth largest company by market valuation in the world. On October 24, Atlantic Equities analyst Kunaal Malde maintained an Overweight rating on PayPal Holdings, Inc. (NASDAQ:PYPL) stock and lowered the price target to $110 from $120, noting that given the increasing likelihood that the US and global economies will enter recession, the advisory was now assuming a modest economic downturn in 2023 forecasts. A few examples of that include what thas Nikola (NASDAQ:NKLA) stock on the rise today, the deal sending Data Storage(NASDAQ:DTST) stock higher, as well as Wejo Group(NASDAQ:WEJO) stock running higher on a partnership. NVIDIAs stock was hit even harder, down 44.4%, impacted by concerns over the health of the consumer, dramatic declines in crypto, and COVID-related lockdowns in China. A financial disclosure report shows that Pelosi exercised 50 CALL options (5,000 shares) on American Express Company (NYSE:AXP) shares in January 2022 at a strike price of $80. Russia says Pelosi's visit to Taiwan a 'provocation', backs Beijing Copyright The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Pelosi Tracker - How to Handle Your Investments Like a Commander in Stocks! Why Is Novavax (NVAX) Stock Up 12% Today? The stock is down 2.5% as of Wednesday afternoon. These ETFs offer a range of investing strategies. July 25, 2022 5:34pm. On the business side, Roblox rolled out a few successful music events and also partnered with Netflix on testing long-form media consumption in the virtual world. Given that Pelosi, and others members of Congress, have access to confidential information, the calls for US lawmakers to stop trading individual stocks have increased in recent times. They should be able to participate in that," Nancy Pelosi said in December last year when asked about lawmakers trading stocks. In the period between the options purchase and when she exercised them, Alphabet's share price dropped 27.4%. Part of the reason why Nancy Pelosi has garnered so much social media attention is due to her successes - one after another, after another. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. House Speaker Nancy Pelosi, D-Calif., who has opposed new legislation banning members of Congress from trading individual stocks, signaled Thursday she is open to advancing it if it has the. Last week, it committed to investing $10 billion in OpenAI, the company behind the hugely popular ChatGPT. Here are some of Paul Pelosis stock option trades: An option is a contract that allows (but does not oblige) you to make a trade at a fixed price at a future time. After hitting an all-time high of $407 in November 2021 (accounting for the August 3-for-1 stock split), the price eventually bottomed out at around $102 in January, a decrease of more than 75%. In July 2021, she made $5.3 million by exercising call options to buy 4000 . Once again, Nancy (her husband) has made a trading move with unbelievable timing. Nasdaq The Tesla trade may stand out as the Pelosis hadpreviously seen large profits from Tesla options. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. As you can see in the chart above, Roblox stock price has made some significant losses after Paul bet on its rise. As members of Congress debate whether lawmakers and their spouses should play the stock market, House Speaker Nancy Pelosi's husband, Paul Pelosi, a venture capitalist, continues to regularly buy and sell stocks and stock options. The report is dated late February 2022 and signed by the Speaker herself. "Nancy Pelosi is like the best meme stock trader in the world," said Jaime Rogozinski, founder of the . They currently reside together in Pacific Heights above San Francisco Bay, where theyve lived since 1965. Pelosi Buy Alert :She added up to $50K more into her ROEF LLCWhich acquired five Courtyard Marriott hotels located in Virginia, Maryland, and TexasShe's now invested to $350K into ROEF over the last two years. On September 16, 2022, 200 call options (20,000 shares) of Alphabet Inc (GOOG:US) were exercised at a strike price of $100 and on the same date as their expiry. Will Be Even Bigger Than Your Wildest Expectation, 7 Over-$100 Stocks That Are Worth Every Penny, Louis Navellier and the InvestorPlace Research Staff, 5 Investors Betting Big on Exela (XELA) Stock in 2023. Recently, the company decided to lay off 12,000 employees, or 6% of its entire workforce. A financial disclosure report shows that Pelosi exercised 50 CALL options (5,000 shares) on PayPal Holdings, Inc. (NASDAQ:PYPL) stock in January 2022 worth somewhere between $500,000 and $1,000,000. For stock recommendations please see our portfolio sticky, sort by hot, it's the first sticky, or see past portfolio stickies here.. For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here.. Paid express lanes grow more popular in once-reluctant South, REFILE-UPDATE 1-China's defence spending increases have been 'reasonable' - parliament spokesman, UPDATE 3-Actor Tom Sizemore, known for tough-guy roles and scandal, dead at 61, US prepares new rules on investment in technology abroad- WSJ, UPDATE 1-US prepares new rules on investment in technology abroad- WSJ. I believe the price appreciation is largely attributed to the increased attention. As you'll see in the data, we're not told the exact amount of the purchase/sale of the assets, but rather a range. Her top holdings include Microsoft (MSFT), Salesforce (CRM), Google (GOOGL), and Tesla (TSLA). It takes a long position in stocks that have been purchased, and a short position in stocks. The two ETFs are Ab Ultra-Short Income ETF and AB Tax Aware Short Duration Municipal ETF. The Most Important Ages for Retirement Planning: Age 59 , The Most Important Ages for Retirement Planning: Age 65, The Most Important Ages for Retirement Planning: Age 66, The Most Important Ages for Retirement Planning: Age 70 . Since electric cars are powered by batteries and need little service, franchised dealerships are incented to sell ICE, not EV automobiles. Here is what the fund said: Roblox Corporation (NYSE:RBLX)got significantly more attention from both institutional & retail investors after Facebook announced to rename itself as Meta Platforms. Paul Pelosi bought call options in December that. *The historical data available on our website is restricted to the past 3 years. Comments saidit was 5,000 shares sold at an average of $67.77 for a loss of $429,938. It is one of the best stocks in the Nancy Pelosi stock portfolio. Nancy Pelosi's Husband Boosted Their Portfolio With This Chip Stock Why Its Important: The Pelosis made headlines in 2022 several times with questionable trading of semiconductor and chip stocks like NVIDIA Corporation NVDA ahead of legislation by Congress to help fund several companies in the sector. She lost a half a million dollars on Tesla $TSLA (see note). Co-founder at Three Investeers and Stock Market Simulator Game. LIVE MARKETS Reddit's WSB founder seeks to mimic Pelosi's trading It provides various financial services such as asset management, wealth management, and research services. Since then, hes been involved in various acquisitions/divestitures and startup ventures as well as managed an impressive $250 million personal fortune through investments into high-growth technology companies such as Apple Inc., PayPal Inc., Netflix Inc., Tesla Motors Inc., SolarCity Corp., LinkedIn Corp., Facebook Inc., Twitter Inc., Salesforce, Adobe Systems and many more. Post the 2022 midterm elections, where Republicans gained the majority of the House, Pelosi stepped down from her role as both speaker and leader of the House Democratic Caucus, but as yet would continue to remain as a House Member. Pelosi opens the door to stock trading ban : NPR It must be incredibly difficult for Nancy not to share any market-related insider info with her husband. All rights reserved. In its Q2 2022 investor letter, Meridian Funds, an asset management firm, highlighted a few stocks and Micron Technology, Inc. (NASDAQ:MU), Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems. The report is dated late February 2022 and signed by Pelosi herself. AllainceBernstein has weathered the economic downturn throughout 2022 better than most companies in Nancy Pelosis stock investments, recording a roughly -20% drop. r/stocks on Reddit: Looking to copy Nancy and Paul Pelosi's trades Besides information directly connected to large companies, the members of Congress might get early info about planned stimulus checks, inflation numbers, monetary policy measures, etc. Pelosis' smelly stock moves, paralyzed by climate fear and other commentary. Nancy Pelosi Stock Portfolio: Latest Stocks To Consider 10. . Welcome to r/stocks!. The company is headquartered in New York City and operates in over 130 countries worldwide. that Pelosi exercised 50 CALL options (5,000 shares) on American Express Company (NYSE:AXP) shares in January 2022 at a strike price of $80. It is worth noting that all stock buys reported by Nancy Pelosi are in fact made by her spouse. U.S. House Speaker Pelosi Discloses Trades in Apple and Microsoft PayPal said that the policy update was published in error. PayPal Holdings (PYPL) is an American company that operates a worldwide online payment system that supports online money transfers. The strike price was $500 and the options were due to expire on March 18. It is one of the famous stocks in the Nancy Pelosi stock portfolio. But they are only required to list the value of reported trades in broad ranges. Comments saidit was 10,000 shares sold with no profit or loss listed. General Motors ICE automobile business would be disrupted if Tesla were successful. All rights reserved. The Pelosis reported losing $2.5 million in stock value, centered mostly around four stocks: - $853K on PayPal stock. Nancy Pelosi Stock Portfolio: 5 Latest Stocks To Consider The stock is down 2.5% as of Wednesday afternoon. On October 24, Barclays analyst Blayne Curtis maintained an Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) stock and lowered the price target to $140 from $190, noting that the company expects material cuts through earnings in radio frequency, memory and PC.