Top 10 Nancy Pelosi Stocks: New Money Looks At Recent Additions To Her Portfolio In 2022

Strengthening tech giant with notable acquisitions on the cards.

• On May 24th, 2022, Nancy Pelosi purchased 50 call options on Microsoft with a strike price of $180 and an expiration date of June 16, 2023. Total consideration for this transaction was between US$300,000 - US$600,000.
• Microsoft has been a heavy hitter in the tech industry for a number of years and is showing no signs of slowing. While recent economic pressures have proved to be difficult, Microsoft has been able to maintain solid growth on the commercial front with Office Commercial products and cloud services revenue up 9% year-on-year, largely driven by an increase in Office 365 Commercial revenue of 15%.
• The company is investing heavily into its gaming segment, with news coming in early 2022 of their plans to acquire Activision Blizzard (NASDAQ:ATVI) for US$95 per share for a total consideration of over US$68 Billion.

Dominant force in the cloud and search engine game.

• On September 16th, 2022, Nancy Pelosi Exercised 200 call options purchased on December 17th, 2021 (20,000 shares) at a strike price of $100. The total trade value was between US$1,000,000 - US$5,000,000.
• TIn what appears to be a common theme, Pelosi once again turns to the technology sector for investment. Alphabet, the parent company of Google, has taken tough macro conditions in its stride, recently reporting a 13% increase to company-wide revenues for the quarter ending 30 June 2022. The healthy increase in revenue was aided by performance in the Search and Google Cloud sectors.
• Operating income was relatively flat compared to the same quarter last year. Partially attributable to increasing expenses due to inflation and an increase in labor cost, seeing as the number of employees has increased by over 20% to 174,014 since the comparable quarter.

The most valuable company in the world.

• On January 21st, 2022, Nancy Pelosi Exercised 100 call options (10,000 shares) expiring on this date at a strike price of $100. The total value of this trade was US$1,000,000 - $US5,000,000.
• On May 13th, Nancy Pelosi Purchased 100 call options with a strike price of $80 and an expiration date of March 17th, 2023. Total consideration was between US$500,000 - US$1,000,000.
• On May 24th, Nancy Pelosi Purchased 50 call options with a strike price of $80 and an expiration date of June 16th, 2023. The value of this trade was between US$250,000 - US$500,000.
• On June 17th, 2022, 50 call options were sold with a strike price of $100 which were expiring on the same day. Total value was between US$100,000 - US$250,000.
• Apple seems to be a fan favorite of a few superinvestors, given the likes of Warren Buffett have it as his largest holding by far within Berkshire Hathaway.
• The company continues its pattern of solid performance, posting record revenue figures of US$83 Billion for the quarter ending June 25th 2022. Overall profit margin remained relatively flat however net income was lower than the same quarter last year thanks to higher R&D and administrative costs.
• The impacts of the latest iteration of the iPhone are yet to be seen on the balance sheet, however recent news of Apple reversing their plans to increase manufacturing output could potentially point to lower than expected sales.

Success in capturing the streaming market yields great results.

• On January 21st, 2022, Pelosi exercised 100 call options (10,000 shares) expiring on this same date at a strike price of $100. The total cost was between US$1,000,000 - US$5,000,000.
• On September 16th, 2022, 50 call options expiring on this day purchased back on December 17th, 2021 with a strike price of $130 expired with no value for a total loss of $132,824.
• Disney has recently reported some excellent quarterly results. Quarterly revenues came in at US$21.5 Billion and revenues for the nine months to June 30th, 2022 were US$62.6 Billion, a welcomed growth of 26% and 28%, respectively.
• Disney’s diluted earnings per share (EPS) for the quarter increased to $0.77 from $0.50 in the prior-year quarter off the back of strong top-line growth.
• Disney credited its strong financial performance to improved operations among its domestic theme parks, large increases in live-sports viewership and significant subscriber growth on their streaming platforms. Namely, 14.4 million Disney+ subscribers were added in this quarter alone, increasing total subscriptions to 221 million across all of their streaming offerings.
• A looming recession poses a threat to the performance of Disney’s Parks, Experiences and Products segment as consumer spending is expected to tighten as people begin to feel the pinch.

Online payments giant has seen growth in total payment volumes.

• On January 21st, 2022, Pelosi exercised 50 call options (5,000 shares) expiring on the same date at a strike price of $100. The value of which is estimated between US$500,000 - US$1,000,000.
• As one of the largest online payment systems, Paypal’s may be faced with headwinds stemming from a tougher economic climate.
• In spite of the threat of a looming recession, Paypal’s total payment volume for the most recent quarter increased 9% compared to the same quarter last year.
• On a per share basis, Paypal’s earnings took a bit of a hit as the company reported a quarterly earnings per share figure (EPS) of ($0.29), compared to $1.00 in the same quarter last year. While this doesn’t look great on paper, the aforementioned figure includes a negative impact of $0.37 relating to a discrete tax charge related to acquired intellectual property and a net loss of ~$0.45 on PayPal’s strategic investment portfolio.
• Despite the difficult economic climate, Paypal remains optimistic, forecasting revenues for the full fiscal year to reach US$27.8 Billion with a total payment volume of US$1.4 Trillion.
• It’s important to note that Paypal expressed renewed commitment to returning capital to shareholders, with a new US$15 billion share repurchase authorization. FY22 share repurchases expected to reach US$4.0 billion
• While Paypal could experience lower transaction volumes in the coming quarters due to reduced household expenditure, their Pay in 4 offering could be a draw for some people needing to make necessary purchases but don’t have immediate access to the money required.

Resurgence in consumer spending has bolstered revenue figures.

• On January 21st, 2022, a disclosure was filed pertaining to Pelosi exercising 50 call options (5,000 shares) expiring on this date at a strike price of $80. The value of this was between US$250,000 - US$500,000.
• Performance in the most recent quarter remained strong, with record levels of revenue and cardholder spending, a reflection of the growing customer base. Cardholder spending was up 30% from a year prior on an FX-adjusted basis, spearheaded by increases in travel and entertainment spending, which surpassed pre-pandemic spending for the first time in April.
• Quarterly revenues were up 31% on a year-on-year basis, reaching US$13.4 Billion yet quarterly EPS was down $0.23 to $2.57 off the back of increased customer engagement costs and operating expenses.
• American Express added 3.2 million new proprietary cards in the quarter, driven by heightened demand for their premium product offerings. Card numbers for their U.S. Consumer Platinum, Gold and Delta co-brand Cards each reached all-time highs in the quarter.
• American Express recently boasted of ‘exceptional’ credit performance, with delinquencies and write-offs near historical lows, but it is yet to be seen if they’ll experience a reversal of fortunes as households are plunged into hardship due to the rising cost of living.

New product line are the most powerful consumer Graphics Processors on the market.

• On June 17th, 2022, Pelosi exercised 200 call options (20,000 shares) expiring June 17th 2022 at a strike price of $100. Total trade value was between US$1,000,000 - US$5,000,000.
• On June 26th, 2022, Pelosi sold 25,000 shares at an average price of $165.05 for an estimated total trade value of US$4,126,250 which is representative of a loss of US$341,365.
• For the quarter ended July 31, 2022, Nvidia announced quarterly revenues of $6.70 billion, up 3% from a year ago yet down 19% from the previous quarter. Nvidia’s CEO, Jensen Huang, commented on this and attributed the decline to the company having difficulty navigating supply chain transitions in a challenging macro environment.
• Diluted EPS for the quarter came in at $0.26, down 72% from a year ago and down 59% from the previous quarter. Illustrative of a declining profit margin in the most recent quarter.
• In brighter news, Nvidia’s data center revenue climbed massively, up 61% to US$3.81 billion. Nvidia will look for continued strength in their data center segment as they anticipate lower demand in their consumer GPU sales attributed to crypto-mining interest cooling off.
• Investors will have to keep a keen eye on the Q4’s earnings release to assess the impact of the release of Nvidia’s new RTX 4000 series GPUs. This latest technology presents a huge step up in consumer computational power, albeit at a price point that has made some consumers‘ eyes water.

Capitalizing on growing EV demand by shipping a record number of vehicles.

• On March 17th, 2022, Nancy Pelosi exercised 25 call options (2,500 shares) expiring March 18th, 2022, at a strike price of $500 for total consideration between US$1,000,000 - US$5,000,000.
• Increasing uptake of electric vehicles (EVs) has been a great tailwind for Tesla who recently announced a record third quarter in terms of revenue, operating profit and free cash flow. Quarterly revenues of US$18.7 Billion are the highest to date and represent a 55% increase year-on-year. While gross profit in their automotive sector increased to $5.2B, their gross margin remained stable at 27.9%.
• Tesla attributes the strong earnings in this recent quarter to growth in vehicle deliveries and increased average sale price of their vehicle fleet.
• While strong sales prices and vehicle delivery figures bolstered profit, it proved to be a bit like a game of tug-of-war, as increasing raw material, logistics and commodity costs negatively impacted profitability.
• Tesla continues to be on the mind of various superinvestors, looking to capture the upwards swing in growth as government regulations push to ban internal combustion engined vehicles. While Tesla has the advantage at the moment, many are nipping at their heels in the vehicle and energy storage sectors.

Tough economic situation at present could turn advantageous in the future.

• On September 16th 2022, Pelosi sold 100 call options purchased on December 21st, 2021, (10,000 shares) at a price of $1.84 per share. The trade value amounted to between $15,000 - $50,000 yet a total loss of US$392,575 was recorded for the trade.
• Micron has faced some difficulties over the past few quarters. In what can be described as an imperfect storm for the RAM and data storage chip provider, the company’s revenues, gross margin and profit margin all declined as the company continued to face rising operating expenses.
• EPS has come off significantly, with the company only posting an earnings per share of $1.35, far less than the $2.34 it posted in the previous quarter or the $2.39 it posted in the same quarter last year.
• To address some of these factors, the company made significant reductions to the capital expenditure, expected to come down 30% to around US$8 Billion. These reductions are set to negatively impact the current year costs but are expected to improve their economic condition in due time, as it’ll bring supply and inventory closer to where the industry demand is.
• While Micron’s end consumers in both a commercial and retail sense are finding it tough, with consumer PC demand and commercial data center demand dropping due to supply constraints, improving supply conditions will help improve Micron’s position.

Major asset manager with a proven track record over a number of years.

• On January 27th, 2022, Pelosi purchased 10,000 units in a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors. The cost of these units were between US$250,000 - US$500,000.
• AllianceBernstein‘s financial performance reflected lower asset prices, with assets under management (AUM) impacted. Average AUM for the quarter was US$688.6 Billion, down considerably from US$751.2 Billion.
• Declining asset prices were reflected in the company’s financials as year-over-year operating income declined by 19% and earnings per Unit and distributions to Unitholders declined by 22%.