Former House Speaker Nancy Pelosi said back in 2022 the Senate would soon vote on a bill banning members of Congress from trading individual stocks. More than three years later, Pelosi is no longer House Speaker, and Congressional representatives are still allowed to buy and sell individual stocks as long as they disclose their trades within 45 days.
[Sign up for stock news with our Invested newsletter.]
In fact, stock traders on social media follow Pelosi’s trades closely due to the incredible returns she and her husband, financier Paul Pelosi, have generated in the past few years. Here are seven of Nancy Pelosi and her husband’s most recent stock trades:
— Broadcom Inc. (ticker: AVGO)
— Amazon.com Inc. (AMZN)
— Nvidia Corp. (NVDA)
— Tempus AI Inc. (TEM)
— Vistra Corp. (VST)
— Palo Alto Networks Inc. (PANW)
Broadcom Inc. (AVGO)
Broadcom is a diversified global analog semiconductor supplier. It is one of several Pelosi stocks that are highly exposed to artificial intelligence technology and have benefited from a strong investor appetite for AI stocks. Broadcom’s big tech customers include Apple Inc. (AAPL), Google and Cisco Systems Inc. (CSCO). In June 2024, Pelosi purchased 20 Broadcom call options with a split-adjusted $80 strike price expiring in June 2025. In June 2025, Pelosi exercised 200 Broadcom call options, purchasing 20,000 shares of AVGO stock at a 71% discount to market price. Since Pelosi made her Broadcom bet in June 2024, the stock is up 104%.
Alphabet is the parent company of Google and YouTube and is a global leader in online advertising. In September 2022, Pelosi purchased 20,000 shares of Alphabet’s Class C shares by exercising 200 call options. Pelosi had purchased those call options back in December 2021. Between the time of the option purchase and the time she exercised them, Alphabet’s share price dropped 27.4%.
In December 2022, Pelosi sold 30,000 shares of Alphabet’s Class A shares. In January 2025, Pelosi purchased 50 more Alphabet Class A call options with a strike price of $150 expiring in January 2026. She exercised those options, purchasing 5,000 GOOGL shares for $150 a pop, on Jan. 16. The stock had rallied 74% since her January 2025 purchase.
It appears Pelosi is still bullish on the tech giant, as she purchased another 20 call options on Dec. 30 at a strike price of $150 and with an expiration of Jan. 15, 2027.
Amazon.com Inc. (AMZN)
Amazon is a market leader in e-commerce and public cloud services. In January 2025, Pelosi purchased 50 Amazon call options with a strike price of $150 that expire in January 2026. Amazon has secured several large U.S. government contracts over the years, including AWS cloud services contracts with the National Security Agency, the Department of Defense and the U.S. Navy. Founder Jeff Bezos’ Blue Origin also has contracts with NASA. Not only is Amazon one of Democrat Pelosi’s most recent investments, it is also a top investment of Republican President Donald Trump, making it a popular bipartisan holding.
Those 50 call options purchased last January were exercised on Jan. 16 of this year, when Pelosi purchased 5,000 AMZN shares at the $150 strike price. AMZN stock had risen about 10% in the year between her options purchase and execution.
Though Pelosi is a frequent trader of Amazon — she also sold between $1 million and $5 million of the stock on Dec. 24 — she has continued to amass a bullish stake in the firm despite the recent profit-taking, as she bought an additional 20 call options on Dec. 30 with a strike price of $120 and an expiration date of Jan. 15, 2027.
Nvidia Corp. (NVDA)
Nvidia designs and sells high-end graphics and video processing chips used for desktop and gaming personal computers, workstations, AI technology and other advanced computing servers and supercomputers. In November 2023, Pelosi purchased 50 Nvidia call options with an expiration date of Dec. 20, 2024. In June and July 2024, Pelosi purchased 20,000 shares of Nvidia. In December 2024, she purchased 50,000 shares of Nvidia by exercising 500 call options and then sold 10,000 Nvidia shares.
Interestingly, these 500 contracts, according to the House transaction report filing, are the same contracts that were purchased in November 2023. That’s not possible, as the November 2023 purchase was reported to be for just 50 contracts, so one of these two filings is wrong.
In January 2025, Pelosi bought another 50 Nvidia call options with an $80 strike price and a January 2026 expiration. She exercised those options on Jan. 16, purchasing 5,000 shares at $80 per share; NVDA had surged 42% since her January 2025 options purchase.
As with Amazon, Pelosi also recently sold shares of Nvidia in late December, only to purchase call options in the stock just days later. She sold 20,000 shares of Nvidia on Dec. 24, and then purchased 20 NVDA call options with a strike price of $100 and an expiration date of Jan. 15, 2027, on Dec. 30.
Tempus AI Inc. (TEM)
Tempus AI is an AI technology health care diagnostics and services provider. In January 2025, Pelosi purchased 50 Tempus AI call options with a strike price of $20 that expire in January 2026. Pelosi’s purchase took place on Jan. 13, 2025, and Tempus launched its new AI-enabled personal health concierge app, olivia, eight days later. Because Tempus AI’s market cap is much smaller than other Pelosi stocks like Amazon and Nvidia, news of her investment was a major bullish catalyst.
She exercised her call options in TEM on Jan. 16, buying 5,000 shares at $20 per share. TEM stock had surged 105% in the year between her January 2025 options purchase and January 2026 exercise.
Vistra Corp. (VST)
Vistra is a utility company that provides electricity and natural gas to roughly 5 million residential, commercial and industrial customers across 20 U.S. states. In January 2025, Pelosi purchased 50 Vistra call options with a strike price of $50 that expire in January 2026. Vistra is far from the typical boring utility sector dividend stock. Vistra significantly beefed up its nuclear power capacity in 2024 and got swept up in the AI investment boom. Leading tech companies are aggressively investing in nuclear power to meet data center energy demand, which is great news for Pelosi and other Vistra investors.
Pelosi exercised her 50 call options on Jan. 16, purchasing 5,000 VST shares at a price of $50 per share. VST stock had fallen about 6% since the date of her January 2025 options purchase.
Palo Alto Networks Inc. (PANW)
Palo Alto Networks is one of the largest cybersecurity vendors, providing firewalls and cybersecurity software to customers around the world. In February 2024, Pelosi purchased 70 Palo Alto call options with a strike price of $200 and an expiration date of Jan. 17, 2025. These trades raised eyebrows among Pelosi’s critics because Palo Alto Networks is a U.S. government cybersecurity contractor. In December 2024, Pelosi exercised 140 Palo Alto call options and purchased 14,000 shares of PANW stock.
As with NVDA, there is a bit of a mismatch in the filings, with February 2024 filings showing a purchase of just 70 contracts, and the December 2024 disclosure of her sale alleging the disposal of 140 contracts — all of which were supposedly bought in February of that year, when only a purchase of half that size was disclosed. It appears that either one of the disclosures is listed wrong, or Pelosi failed to disclose the true size of her original trade.
Miscellaneous Trades
Pelosi has made a number of other trades recently, including the following:
— AllianceBernstein Holding LP (AB): Purchased 25,000 shares on Jan. 16.
— Apple Inc. (AAPL): Sold 45,000 shares on Dec. 24, then purchased 20 call options with a strike price of $100 and an expiration of Jan. 15, 2027.
— PayPal Holdings Inc. (PYPL): Sold 5,000 shares on Dec. 30.
— Walt Disney Co. (DIS): Sold 10,000 shares on Dec. 30.
Pelosi, at 85, is entering her final year in Congress, having announced her intention not to run again this year. She will be obligated to report trades for another year before she leaves office in January 2027.
More from U.S. News
9 Best Growth Stocks for the Next 10 Years
7 Best Oil and Gas Stocks to Buy in 2026
7 Top Nancy Pelosi Stocks to Buy originally appeared on usnews.com
Update 01/26/26: This story was published at an earlier date and has been updated with new information.
