Former Speaker of the House Nancy Pelosi (D-Calif.) and Congresswoman Marjorie Taylor Greene (R-Ga.) may have opposing political views, but they surprisingly share several stocks in their investment portfolios. Both Pelosi and Greene are closely watched for their investment activities, with a history of strong returns.
According to the Benzinga Government Trades pages for Pelosi and Greene, they both have six stocks in common in their investment portfolios dating back to 2021. These stocks include Broadcom Inc (NASDAQ: AVGO), Amazon.com Inc (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), Palo Alto Networks (NASDAQ: PANW), and Visa Inc (NYSE: V).
Pelosi’s investment decisions are often made by her husband, Paul Pelosi, a venture capitalist who tends to buy call options that are in the money and have expiration dates of a year from the purchase date. He focuses on the technology sector, favoring large-cap names, and makes investments in the hundreds of thousands or even millions of dollars.
On the other hand, Greene’s trades are handled by a portfolio manager, who buys and sells stocks on her behalf. Greene’s trades typically range from $1,000 to $15,000 and she mainly invests in buying shares of stocks and ETFs, rather than options like Pelosi’s husband.
There have been calls from various members of Congress to ban the buying and selling of stocks and options by members of Congress. Efforts to introduce a bill for a vote on this matter have been increasing in recent years.
Pelosi and Greene’s investment strategies reflect their different approaches to investing, with Pelosi’s investments being larger and more focused on options trading, while Greene’s trades are smaller and primarily involve buying shares of stocks. Despite their political differences, both Pelosi and Greene have found success in the stock market by investing in some of the same companies.
The original article can be found on Benzinga.com.
