Latest news with #PelosiTracker
Business Insider
14-07-2025
- Business
- Business Insider
This Democratic Senate candidate says he's made a 60% return from copying the Pelosi family's stock trades
Since then, he says he's made about $600. "It's not really a serious thing. I'm not banking on this," Scholten, who's now running for US Senate against Republican Sen. Joni Ernst, told BI in an interview. In a financial disclosure filed on Monday, Scholten said that his investment in the "Pelosi Tracker" was made "partly as a joke." The tracker is run by Autopilot, an app that allows retail investors to automatically copy stock trades made by politicians and prominent hedge fund managers. The Pelosi Tracker follows trades made by Paul Pelosi, who is married to Speaker Emerita Nancy Pelosi. Scholten, who calls himself a "prairie populist," said that he would sell off the stocks if elected and said that he supports banning lawmakers from trading stocks. "I think it's a disservice to the people," he said. "We gotta clean that up to make sure that people are in it for the right reasons, not just to get rich." Scholten said that he decided to invest in the tracker after hearing about it via Instagram. He had just earned a $1,000 bonus from a law firm he had recently joined, and he decided to try it out. "I'd never owned a stock before," Scholten said. He told BI that he had $1617.25 in the account as of Monday. Though the former speaker does not trade stocks herself, her husband's trades have drawn scrutiny given his proximity to Pelosi, who controlled the House floor schedule during her time as speaker and likely had access to non-public information. Ian Krager, a spokesman for Pelosi, reaffirmed in a statement to BI that the former speaker doesn't own the stocks and has "no prior knowledge or subsequent involvement in any transactions." She has said that she supports banning lawmakers from trading stocks. Autopilot cofounder Chris Joseph told BI on Monday that the app now has more than $400 million in client assets following Pelosi's trades, and said that the point of the tracker itself is to "highlight the hypocrisy" of congressional stock trading. "We welcome JD and hope this further pushes the movement to get them banned from trading," Josephs said. Scholten rose to prominence in 2018 when he ran for Congress against Rep. Steve King, a Republican with a long history of controversial comments about race and immigration. He came within three points of defeating King that year. This year, he's running for the Senate seat currently held by Republican Sen. Joni Ernst. State Sen. Zach Wahls and Nathan Sage are also running in the Democratic primary.
Business Insider
14-07-2025
- Business
- Business Insider
This Democratic Senate candidate says he's made a 60% return from copying the Pelosi family's stock trades
JD Scholten, a Democratic state legislator in Iowa, invested $1,000 in a fund that follows the Pelosi family's stock trades in early 2024. Since then, he says he's made about $600. "It's not really a serious thing. I'm not banking on this," Scholten, who's now running for US Senate against Republican Sen. Joni Ernst, told BI in an interview. In a financial disclosure filed on Monday, Scholten said that his investment in the "Pelosi Tracker" was made "partly as a joke." The tracker is run by Autopilot, an app that allows retail investors to automatically copy stock trades made by politicians and prominent hedge fund managers. The Pelosi Tracker follows trades made by Paul Pelosi, who is married to Speaker Emerita Nancy Pelosi. Scholten, who calls himself a "prairie populist," said that he would sell off the stocks if elected and said that he supports banning lawmakers from trading stocks. "I think it's a disservice to the people," he said. "We gotta clean that up to make sure that people are in it for the right reasons, not just to get rich." Scholten said that he decided to invest in the tracker after hearing about it via Instagram. He had just earned a $1,000 bonus from a law firm he had recently joined, and he decided to try it out. "I'd never owned a stock before," Scholten said. He told BI that he had $1617.25 in the account as of Monday. Though the former speaker does not trade stocks herself, her husband's trades have drawn scrutiny given his proximity to Pelosi, who controlled the House floor schedule during her time as speaker and likely had access to non-public information. Ian Krager, a spokesman for Pelosi, reaffirmed in a statement to BI that the former speaker doesn't own the stocks and has "no prior knowledge or subsequent involvement in any transactions." She has said that she supports banning lawmakers from trading stocks. Autopilot cofounder Chris Joseph told BI on Monday that the app now has more than $400 million in client assets following Pelosi's trades, and said that the point of the tracker itself is to "highlight the hypocrisy" of congressional stock trading. "We welcome JD and hope this further pushes the movement to get them banned from trading," Josephs said. Scholten rose to prominence in 2018 when he ran for Congress against Rep. Steve King, a Republican with a long history of controversial comments about race and immigration. He came within three points of defeating King that year. This year, he's running for the Senate seat currently held by Republican Sen. Joni Ernst. State Sen. Zach Wahls and Nathan Sage are also running in the Democratic primary. On his financial disclosure, Scholten also reported earning $6,000 as a professional baseball player as well as his salary and per diem as a state representative, a role he's held since 2023.
Yahoo
25-04-2025
- Business
- Yahoo
Is Tesla, Inc. (TSLA) the Best Nancy Pelosi Stock to Invest In Now?
We recently published a list of . In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other best Nancy Pelosi stocks to invest in now. We are aware that Nancy Pelosi isn't the only member of the Congress with amazing stock picking ability. And wouldn't you know it, fresh-faced financial geniuses like Marjorie Taylor Green are popping up, conveniently dumping Treasuries to load up on tech stocks just before a tariff pause. Green sold around $75000 (give or take $25000) of US Treasury bills to fund purchases of more than a dozen stocks (mostly tech stocks) before Trump's temporary tariff pause announcement. We published the list of her stock picks in 20 Best Stocks to Buy According to Marjorie Taylor Greene. In the past few decades, stock trading based on access to information not made readily public was considered a side-benefit to being a lawmaker in the United States. After huge public outcry against the trading activities of lawmakers, Congress passed the STOCK Act of 2012 that made it mandatory for lawmakers to disclose these trades publicly. Staffers at The New York Times had previously claimed that trading patterns showed that the longstanding concerns about the potential for conflicts of interest or the use of inside information by members of Congress were viable and should have been addressed on a priority basis. Some US lawmakers, including Nancy Pelosi, the former Speaker of the House of Representatives, have advocated for a blanket ban on members of Congress and their family members from dealing in individual stocks while in office. Pelosi, who had previously voiced her opposition to such proposals, nevertheless continues to dabble at the stock market. During the 2020 pandemic, the stock trading activities of Pelosi went widely viral on social media as retail traders created the Pelosi Tracker, an account on social networking platform X that disclosed trades made by Paul Pelosi, the husband of the House Speaker who is an investor and owns and operates Financial Leasing Services, a real estate and venture capital firm. A spokesperson for the former House Speaker has said that Pelosi is not involved in the investment decisions made by her husband. This admission seems rather difficult to digest given the insider information that Pelosi is privy to due to her senior position in the House. Retail traders have since started mimicking the trading activity of the Pelosi Tracker to cash in on the popularity of the tracker. The reviews of such mimicking activity on platforms like Reddit seem mixed at best, but their popularity is uncontested. For this article, we consulted Capitol Trades, a platform that tracks the stock trading activity of politicians in the United States. It is important to clarify that the stocks listed below were picked from the public record of investments Pelosi and her family have made in the past few months. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Copyright: wolandmaster / 123RF Stock Photo Number of Hedge Fund Holders: 126 Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company. A mandatory filing from early July 2024 shows that Pelosi sold 2,500 shares of Tesla, Inc. (NASDAQ:TSLA) worth somewhere $250,000 to $500,000 in late June 2024. Latest reports indicate that Tesla CEO Elon Musk has decided to join the blockbuster AI Infrastructure Partnership through xAI, his AI startup. AI Infrastructure Partnership is an initiative launched in September 2024 that invests in data centers for artificial intelligence around the globe and the energy needed to power them. The partnership seeks to initially unlock $30 billion in capital from investors, asset owners, and corporations, and then mobilize up to $100 billion in total investment potential. Overall, TSLA ranks 8th on our list of best Nancy Pelosi stocks to invest in now. While we acknowledge the potential of these companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TSLA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Is NVIDIA Corporation (NVDA) the Best Nancy Pelosi Stock To Invest In Now?
We recently published a list of . In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other best Nancy Pelosi stocks to invest in now. We are aware that Nancy Pelosi isn't the only member of the Congress with amazing stock picking ability. And wouldn't you know it, fresh-faced financial geniuses like Marjorie Taylor Green are popping up, conveniently dumping Treasuries to load up on tech stocks just before a tariff pause. Green sold around $75000 (give or take $25000) of US Treasury bills to fund purchases of more than a dozen stocks (mostly tech stocks) before Trump's temporary tariff pause announcement. We published the list of her stock picks in 20 Best Stocks to Buy According to Marjorie Taylor Greene. In the past few decades, stock trading based on access to information not made readily public was considered a side-benefit to being a lawmaker in the United States. After huge public outcry against the trading activities of lawmakers, Congress passed the STOCK Act of 2012 that made it mandatory for lawmakers to disclose these trades publicly. Staffers at The New York Times had previously claimed that trading patterns showed that the longstanding concerns about the potential for conflicts of interest or the use of inside information by members of Congress were viable and should have been addressed on a priority basis. Some US lawmakers, including Nancy Pelosi, the former Speaker of the House of Representatives, have advocated for a blanket ban on members of Congress and their family members from dealing in individual stocks while in office. Pelosi, who had previously voiced her opposition to such proposals, nevertheless continues to dabble at the stock market. During the 2020 pandemic, the stock trading activities of Pelosi went widely viral on social media as retail traders created the Pelosi Tracker, an account on social networking platform X that disclosed trades made by Paul Pelosi, the husband of the House Speaker who is an investor and owns and operates Financial Leasing Services, a real estate and venture capital firm. A spokesperson for the former House Speaker has said that Pelosi is not involved in the investment decisions made by her husband. This admission seems rather difficult to digest given the insider information that Pelosi is privy to due to her senior position in the House. Retail traders have since started mimicking the trading activity of the Pelosi Tracker to cash in on the popularity of the tracker. The reviews of such mimicking activity on platforms like Reddit seem mixed at best, but their popularity is uncontested. For this article, we consulted Capitol Trades, a platform that tracks the stock trading activity of politicians in the United States. It is important to clarify that the stocks listed below were picked from the public record of investments Pelosi and her family have made in the past few months. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Number of Hedge Fund Holders: 223 NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. A regulatory filing dated January 17 reveals that Pelosi exercised 500 CALL options purchased in late 2023 (50,000 shares) worth somewhere between $500,000 and $1,000,000 on NVIDIA Corporation (NASDAQ:NVDA) stock on December 20 last year. The transaction was disclosed the same day it was made. Latest reports from the Financial Times indicate that NVIDIA plans to invest hundreds of billions of dollars in US-made chips and electronics over the next four years. The artificial intelligence chip giant expects to spend around half-a-trillion dollars on electronics during the four-year period, according to the report. Overall, NVDA ranks 3rd on our list of best Nancy Pelosi stocks to invest in now. While we acknowledge the potential of these companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Is Micron Technology, Inc. (MU) the Best Nancy Pelosi Stock To Invest In Now?
We recently published a list of . In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other best Nancy Pelosi stocks to invest in now. We are aware that Nancy Pelosi isn't the only member of the Congress with amazing stock picking ability. And wouldn't you know it, fresh-faced financial geniuses like Marjorie Taylor Green are popping up, conveniently dumping Treasuries to load up on tech stocks just before a tariff pause. Green sold around $75000 (give or take $25000) of US Treasury bills to fund purchases of more than a dozen stocks (mostly tech stocks) before Trump's temporary tariff pause announcement. We published the list of her stock picks in 20 Best Stocks to Buy According to Marjorie Taylor Greene. In the past few decades, stock trading based on access to information not made readily public was considered a side-benefit to being a lawmaker in the United States. After huge public outcry against the trading activities of lawmakers, Congress passed the STOCK Act of 2012 that made it mandatory for lawmakers to disclose these trades publicly. Staffers at The New York Times had previously claimed that trading patterns showed that the longstanding concerns about the potential for conflicts of interest or the use of inside information by members of Congress were viable and should have been addressed on a priority basis. Some US lawmakers, including Nancy Pelosi, the former Speaker of the House of Representatives, have advocated for a blanket ban on members of Congress and their family members from dealing in individual stocks while in office. Pelosi, who had previously voiced her opposition to such proposals, nevertheless continues to dabble at the stock market. During the 2020 pandemic, the stock trading activities of Pelosi went widely viral on social media as retail traders created the Pelosi Tracker, an account on social networking platform X that disclosed trades made by Paul Pelosi, the husband of the House Speaker who is an investor and owns and operates Financial Leasing Services, a real estate and venture capital firm. A spokesperson for the former House Speaker has said that Pelosi is not involved in the investment decisions made by her husband. This admission seems rather difficult to digest given the insider information that Pelosi is privy to due to her senior position in the House. Retail traders have since started mimicking the trading activity of the Pelosi Tracker to cash in on the popularity of the tracker. The reviews of such mimicking activity on platforms like Reddit seem mixed at best, but their popularity is uncontested. For this article, we consulted Capitol Trades, a platform that tracks the stock trading activity of politicians in the United States. It is important to clarify that the stocks listed below were picked from the public record of investments Pelosi and her family have made in the past few months. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up view of a computer motherboard with integrated semiconductor chips. Number of Hedge Fund Holders: 94 Micron Technology, Inc. (NASDAQ:MU) makes and sells semiconductor products. According to a Periodic Transaction Report from late 2022, Pelosi sold 100 CALL options on Micron Technology, Inc. (NASDAQ:MU) stock purchased in late 2021 with a strike price of $50 and an expiration date of late 2022. The transaction in this regard was worth between $15,000 and $50,000. Micron stock has gained since AI powerhouse NVIDIA revealed that the former would be a critical supplier for the NVIDIA GeForce RTX 50 Blackwell graphics processing units (GPUs). Investment advisory Citi recently termed the development a positive for Micron as well. Overall, MU ranks 11th on our list of best Nancy Pelosi stocks to invest in now. While we acknowledge the potential of MU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
