Rep. Nancy Pelosi, no stranger to headline-grabbing stock moves, is back in the spotlight with her latest Periodic Transaction Report—and it’s a big one.
The former Speaker of the House is making bold plays in some of the hottest sectors, doubling down on AI, and other growth trends, while dumping shares in Apple.
Here’s an update of her filing from Friday:
Pelosi recently sold 31,600 shares of Apple $AAPL, with a transaction value of roughly $8 million.
While she has been bullish on Apple in the past, this marks a notable reduction in her exposure. We know that she acquired about half the shares she just sold via call options back in May 2022. She made more than 80% on them.
So, Nancy is bearish Apple. But, we don’t follow her for her insider sales, we follow the Pelosi portfolio because it has been early to some of the best trends in growth investing. The Pelosi’s were early to NVDA. She has owned all the Mag 7 names before we called them that. This is smart political money.
So, what is she buying?
She’s buying more NVDA.
On the Nvidia $NVDA front, Pelosi exercised 500 call options bought on November 22, 2023, representing 50,000 shares, at a strike price of $12. This transaction fell within a value range of $500K to $1M.
She then turned around and sold about $2M worth of stock and rolled another ~$400k into new in-the-money calls that expire this time next year.
She went about 3x the last time she bought leaps in NVDA.
And while her filing tells a bearish story for Apple, it suggests bullishness for other mega cap growth names.
She was active in Google $GOOGL, reporting a $250K to $500K purchase of call options with a $150 strike, expiring January 16, 2026.
The stock has been consolidating for the past six months, coiling in a tight range near the top of its 161.8% extension.
A breakout above this zone could trigger a new leg higher.
Pelosi also purchased $250K to $500K in call options for Amazon $AMZN, with a $150 strike expiring on 1/16/2026.
Amazon recently broke out of a multi-year base and has been rallying with authority.
I think it is funny how Pelosi seems to be rotating into the best-looking Mag 7 stocks (AMZN & GOOG) while taking profits in the worst (AAPL).
AMZN looks as good as any of them, on the verge of resolving higher from a flag pattern, indicating more upside on the horizon.
But the best transactions are definitely the last two.
We have been watching the Pelosi’s. We know how they invest. They are all about the mega trends. They use their inside information to arrive early. Then they lever up with call options.
They rarely miss. I think Pelosi dipping her toes into a new AI stock and a tech-energy leader is a huge deal. This is the real information from her filing.
Pelosi acquired $50K to $100K in call options for Tempus AI Inc $TEM at a $20 strike, expiring January 16, 2026.
The stock surged over 30% today on hype around the Pelosi filing.
Finally, she purchased $500K to $1M in call options for Vistra Corp $VST with a $50 strike, also expiring in early 2026.
We’ll be watching these closely and looking to follow her in.
