See every stock trade Nancy Pelosi s husband, Paul Pelosi, made while she was House speaker in 2021 and 2022
Flipboard Facebook Icon The letter F.
Here’s how to track all of Nancy Pelosi’s stock purchases
Nancy Pelosi, the Democratic representative and former House Speaker from California, has long been of interest to those who trade stocks.
With an estimated net worth of $114 million as of 2018, according to OpenSecrets, a nonprofit that tracks money in politics, Pelosi is one of the richest members of Congress.
But how did Pelosi gain all that wealth? And why are amateur stock traders so interested in the 83-year-old politician’s financial position?
Nancy Pelosi’s salary as a politician
Pelosi’s political career has spanned over three decades. Entering Congress in 1987, Pelosi’s salary has fluctuated alongside her ever-evolving tenure. At first, Pelosi earned $89,500 per year, the salary all members of Congress were paid at the time.
While serving as House Speaker, the congresswoman earned $223,500 per year. But even adding up all the money earned by Pelosi during her decades in politics, the sum total does not come anywhere near her current estimated net worth. So where did the rest of the money come from?
How did Nancy Pelosi get her wealth?
Pelosi’s husband, Paul, for starters, runs a prominent financial leasing service and reportedly does all of the stock trading for the pair. Together, the two have invested countless millions in numerous sectors such as real estate. A home and vineyard owned by Pelosi in Napa, California, according to USA TODAY, was worth between $5 million and $25 million as of 2019 and “generated between $100,001 and $1 million in income from grape sales.”
Pelosi also owns numerous other properties, has formed several business partnerships, and has a significant stock holding. So what is it about Pelosi’s stocks that have garnered so much interest?
Nancy Pelosi’s stock holdings
The fascination with Pelosi’s stock holdings is similar to those of any other politician.
The American public has long suspected that members of Congress use their power and knowledge to give them an edge in the stock market.
In just one example, Pelosi received backlash last year after her husband exercised call options to buy 20,000 shares worth $5 million from the U.S.-based chipmaker Nvidia. The move was made just weeks before the House considered a bill that sought to provide $50 billion in subsidies to domestic semiconductor manufacturers such as Nvidia.
Pelosi has repeatedly denied providing her husband with inside information to influence his stock purchases.
A Pelosi spokesperson told NPR in 2021 that the congresswoman does not personally own any stocks and that all transactions are made by Paul.
“The Speaker has no prior knowledge or subsequent involvement in any transactions,” the spokesperson said.
When asked in 2021 if she would support a ban on stock trading in Congress, Pelosi vehemently said “no” before eventually agreeing months later. As of now, Congress has still not been barred from trading stocks.
Tracking Nancy Pelosi’s stocks
Regardless of Pelosi’s claims, some stock traders have begun to monitor and emulate stock trades made by Pelosi’s husband.
Twitter accounts such as Nancy Pelosi Stock Tracker inform users of all Pelosi-related trading activities and have even built an app that copies their trades automatically.
“Our goal with exposing all this is simple: To get politicians banned from trading individual stocks,” the account says in a pinned tweet.
The Twitter account claims that Pelosi’s stock value has jumped 31 percent this year, due to significant holdings in Tesla, Apple, and the cybersecurity firm CrowdStrike.
The account is just one of countless that lets users follow in Pelosi’s footsteps in an apparent attempt to cash in. Other services such as Quiver Quantitative likewise offer ways for individuals to monitor and emulate the trading practices not only of Pelosi but of any representative or senator involved in trading.
The founder of the popular subreddit WallStreetBets also introduced a tool known as “Insider Portfolio” that mimics the trades of Pelosi in an effort to “share the wealth.”
Is it safe to follow Nancy Pelosi’s lead in the stock market?
While many may view the strategy of copying Pelosi as a surefire way to garner wealth—many have warned, such as Kedric Payne, senior director of ethics at the Campaign Legal Center—that such practices are indicative of a growing distrust among the public of elected officials.
“If the situation is that the public has lost so much trust in government that they think … the stock trades of members are based on corruption, and that [following that] corruption could benefit [them] … We have a significant problem,” Payne told NPR last year.
Yet data on whether mimicking trades made by lawmakers suggests that it isn’t clear whether the strategy is a good idea. Studies conducted over the years have shown that members of Congress often make both lucrative and poor stock trades.
Either way, the obsession with the stocks of Pelosi and other government officials isn’t going anywhere anytime soon.
Sign up for the Daily Dot newsletter to get the best and worst of the internet in your inbox every day.
See every stock trade Nancy Pelosi’s husband, Paul Pelosi, made while she was House speaker in 2021 and 2022
Email icon An envelope. It indicates the ability to send an email.
Twitter icon A stylized bird with an open mouth, tweeting.Twitter LinkedIn icon The word “in”.
LinkedIn Fliboard icon A stylized letter F.
Flipboard Facebook Icon The letter F.
Facebook Email icon An envelope. It indicates the ability to send an email.
Email Link icon An image of a chain link. It symobilizes a website link url.
- AllianceBernstein Holding L.P. (AB)
- Alphabet Inc. – Class A (GOOGL)
- Alphabet Inc. – Class C Capital Stock (GOOG)
- Amazon.com, Inc. (AMZN)
- American Express Company (AXP)
- Apple Inc. (AAPL)
- Micron Technology, Inc. (MU)
- Microsoft Corporation (MSFT)
- NVIDIA Corporation (NVDA)
- Paypal Holdings, Inc. (PYPL)
- REOF XX, LLC
- REOF XXII, LLC
- Roblox Corporation Class A (RBLX)
- Salesforce.com Inc (CRM)
- Slack Technologies, Inc Class A (WORK)
- Tesla, Inc. (TSLA)
- Visa Inc. (V)
- Walt Disney Company (DIS)
- Warner Bros. Discovery, Inc. – Series A (WBD)
- Speaker Nancy Pelosi’s husband is making massive stock trades as Congress mulls whether to ban lawmakers and their spouses from trading.
- An Insider analysis estimated the Pelosis’ cumulative wealth at at least $46.1 million.
- Insider compiled each of Paul Pelosi’s trades that the speaker has reported since 2021.
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview
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.
Pelosi has access to confidential intelligence and the power to affect — with words or actions — the fortunes of companies in which her husband invests and trades.
When asked in December 2021 whether members of Congress should even be allowed to trade stocks, Pelosi answered in the affirmative.
“We are a free-market economy. They should be able to participate in that,” she said.
This led some of her colleagues, on both the left and the right, to sharply criticize her — and draft legislation to restrict members of Congress and their spouses from trading stocks.
“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. “Wall Street and Big Tech work hand-in-hand with elected officials to enrich each other at the expense of the country. Here’s something we can do: ban all members of Congress from trading stocks and force those who do to pay their proceeds back to the American people. It’s time to stop turning a blind eye to Washington profiteering.”
Sen. Jon Ossoff, a Democrat, introduced a similar bill alongside Sen. Mark Kelly with the intent to ban members of Congress and their families from trading stocks.
“Members of Congress should not be playing the stock market while we make federal policy and have extraordinary access to confidential information,” Ossoff said.
On July 21, Pelosi denied that her husband uses information she provides to make stock trades, and she has softened her stance on a congressional stock-trade ban.
In September, Pelosi backed a bill House Democratic leadership advanced that would ban various government officials, including members of Congress, from trading individual stocks. But many government reform groups panned this legislation, and the fate of a congressional stock-trade ban in general remains unclear.
On November 17, 2022, Pelosi announced her plan to step down from her leadership role after 19 years of leading House Democrats. In 2018, she announced her plan to step down as Democratic leader by the end of 2022.
She said she will, however, remain a member of Congress, having easily won re-election in November 2022.
Paul Pelosi has endured a turbulent and tragic 2022: he pleaded guilty to a DUI charge in August, and he is now recovering from head injuries he sustained after being attacked with a hammer in the Pelosis’ home in October.
A previous analysis from Insider estimated that the Pelosis are worth at least $46,123,051, making Nancy Pelosi one of the 25 richest members of Congress. The vast majority of the couple’s wealth is derived from stocks, options, and investments made by Paul Pelosi.
Here are all of the trades reported by Speaker Nancy Pelosi in 2021 and 2022:
AllianceBernstein Holding L.P. (AB)
- Purchased 20,000 shares worth between $500,000 and $1 million on December 22, 2020
- Purchased 15,000 shares worth between $500,000 and $1 million on February 18, 2021
- Purchased 25,000 shares worth between $500,000 and $1 million on February 23, 2021
- Purchased 10,000 shares worth between $250,000 and $500,000 on January 27, 2022
- Sold 20,000 shares worth between $500,000 and $1 million on December 28, 2022
Alphabet Inc. – Class A (GOOGL)
- Exercised 40 call options (4,000 shares) on June 18, 2021, at a strike price of $1,200 and cumulatively worth between $1 million and $5 million
- Sold 10,000 shares worth between $500,000 and $1 million on December 28, 2022
- Sold 10,000 shares worth between $500,000 and $1 million on December 21, 2022
- Sold 10,000 shares worth between $500,000 and $1 million on December 20, 2022