The calls to ban members of Congress from buying and selling stocks and options have grown over the years.
One of the most followed members of Congress for stock trading activity is former Speaker of the House Nancy Pelosi (D-Calif.), thanks to the large purchases made by her husband Paul Pelosi.
What Happened: Pelosi disclosed several new stock trades on Wednesday, ahead of the Fourth of July holiday, continuing a recent tradition of reporting trades around market holidays.
The transactions, as reported by Benzinga's Government Trades page, are as follows:
- Bought 20 call options Broadcom Inc (NASDAQ:AVGO), $800 strike price, June 20, 2025 expiration date, purchase size is $1 to $5 million
- Bought 10,000 shares NVIDIA Corporation (NASDAQ:NVDA) on June 26, purchase size $1 to $5 million
- Sold 2,500 shares Tesla Inc (NASDAQ:TSLA), sale size $250,000 to $500,000
- Sold 2,000 shares Visa Inc (NYSE:V), sale size $500,000 to $1 million
"Prediction fulfilled!!!," Congresstrading tweeted. "She always reports right before a holiday to avoid media coverage, but she is actually becoming MORE predictable this way."
Pelosi previously disclosed buying call options in Nvidia valued at $1 to $5 million ahead of the Christmas holiday, with the filing coming on the Friday before Christmas.
The Congresswoman has often filed stock disclosures on Fridays or around holidays.
Read Also: 10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)
Why It's Important: Pelosi's husband Paul Pelosi is a venture capitalist who regularly makes sizable stock and options purchases.
The former Speaker of the House has said she does not share stock tips or inside information with her husband, but the timing of several trades has drawn scrutiny from investors.
The Visa shares sold were listed as partial, which means the couple still owns shares of the credit card company. It was reported several years ago on "60 Minutes" that the Pelosis participated in the Visa IPO, securing 5,000 shares at an IPO price of $44. The Visa transaction drew red flags at the time, with the company's headquarters located in Pelosi's home district.
Increased interest in Congress trading activity, which has outperformed leading market indexes in some years, has led to several ETFs launching.
The Series Portfolios Trust Unusual Whales Subversive Republican Trading ETF (BATS:KRUZ) and Series Portfolios Trust Unusual Whales Subversive Democratic Trading ETF (BATS:NANC) track the trading activity of Republican and Democratic members of Congress, respectively.
A new ETF is also on the way from Tuttle Capital that will combine trades from both parties, and base holdings on the trading accuracy and performance of members of Congress and their committee assignments.
- Marjorie Taylor Greene Buys Cybersecurity Stock Owned By Nancy Pelosi: Why Trade Could Draw Red Flags
Photo: Shutterstock
多年來,禁止國會議員買賣股票和期權的呼聲越來越高。
由於前衆議院議長南希-佩洛西(Nancy Pelosi)的丈夫保羅-佩洛西(Paul Pelosi)大筆購買股票,她成爲股票交易活動最受關注的國會議員之一。
發生了什麼?佩洛西周三在國慶假期前披露了幾筆新的股票交易,延續了最近在市場假期前後報告交易的傳統。
據 Benzinga 的政府交易頁面報道,這些交易如下:
"預言實現了!!!"Congresstrading 在推特上寫道。"她總是在節假日前發佈報告,以避免媒體報道,但實際上她這樣做變得更容易預測了。"
佩洛西此前披露,她在聖誕節假期前買入了價值100萬至500萬美元的英偉達看漲期權,申報時間是聖誕節前的星期五。
這位女議員經常在週五或節假日前後披露股票信息。
另請閱讀:2023 年國會中的 10 位最佳股票交易者(劇透:南希-佩洛西(Nancy Pelosi)已重返聊天室
重要原因:佩洛西的丈夫保羅-佩洛西(Paul Pelosi)是一名風險投資家,經常購買大量股票和期權。
這位前衆議院議長曾表示,她不會與丈夫分享股票秘訣或內部信息,但幾次交易的時機引起了投資者的關注。
所出售的 Visa 股票被列爲部分股票,這意味着這對夫婦仍然持有這家信用卡公司的股票。幾年前的 "60分鐘 "節目曾報道,佩洛西夫婦參與了Visa公司的首次公開募股,以44美元的首次公開募股價格獲得了5,000股股份。
國會的交易活動在某些年份的表現超過了主要的市場指數,人們對國會交易活動的興趣日益濃厚,因此推出了幾種 ETF。
Series Portfolios Trust Unusual Whales Subversive Republican Trading ETF(BATS:KRUZ)和 Series Portfolios Trust Unusual Whales Subversive Democratic Trading ETF(BATS:NANC)分別追蹤共和黨和民主黨國會議員的交易活動。
Tuttle Capital也即將推出一種新的ETF,該ETF將把兩黨的交易結合起來,並根據國會議員及其委員會任務的交易準確性和表現來持有。
馬喬裏-泰勒-格林購買南希-佩洛西擁有的網絡安全股票: 爲什麼交易會引來危險信號
照片: Shutterstock