Former House Speaker Nancy Pelosi, representing California’s 11th congressional district, made significant stock trades between mid-December and mid-January, according to a Periodic Transaction Report. Pelosi sold 31,600 shares of Apple Inc. (NASDAQ: AAPL) for $5 million to $25 million on December 29, 2024. This marks her largest trade in the past month.
On January 14, 2025, Pelosi purchased 50 call options in Alphabet Inc. (NASDAQ: GOOGL) and Amazon.com Inc. (NASDAQ: AMZN) with a strike price of $150 and an expiration date of January 2026. Both trades were valued between $250,001 and $500,000. Additionally, Pelosi sold 10,000 shares of NVIDIA Corporation (NASDAQ: NVDA) for $1 million to $5 million and exercised 500 call options in the company worth $500,001 to $1 million. She also bought 50 call options in Nvidia, striking at $80 and expiring in January 2026.
Other notable trades include exercising 140 call options in Palo Alto Networks Inc. (NASDAQ: PANW) worth $1 million to $5 million and purchasing 50 call options in Tempus AI Inc. (NASDAQ: TEM) and Vistra Energy Corp. (NYSE: VST).
Critics often point to Pelosi’s trades, arguing her role as a lawmaker provides her with an unfair advantage. A 2012 law mandates Congressional members disclose trades within 45 days to prevent insider trading.
Data from Unusual Whales shows Pelosi’s portfolio surged 70.9% in 2024, outperforming the S&P 500's 25% rise. However, Rep. David Rouzer of North Carolina led Congress with a 140% portfolio gain. ETFs tracking Congressional trades, like NANC and KRUZ, also draw attention to such activities.
This activity underscores ongoing debates around ethics and stock trading in Congress.