Key Takeaways
- Pelosi and Trump maintain ownership in 10 identical stocks, featuring Nvidia, Apple, Amazon, and Alphabet
- In 2025, Pelosi’s holdings delivered a 20.1% return, surpassing the S&P 500’s 16.6% performance
- Trump executed more than 21,000 stock transactions in 2025 — averaging approximately 60 daily trades
- Trump acquired Dell shares several months before publicly recommending Americans purchase it; Dell’s value soared 107%
- Both political figures have expressed support for prohibiting congressional members from trading stocks
Two of America’s most closely monitored political investors, Nancy Pelosi and Donald Trump, maintain positions in an identical set of 10 stocks.
Their shared holdings encompass Nvidia, Apple, Amazon, Alphabet, Uber, Intel, Broadcom, Palo Alto Networks, Tempus AI, and Vistra Corp.
Paul Pelosi, Nancy Pelosi’s spouse and a former venture capitalist, oversees her investment activities. Trump’s stock transactions flow through what White House officials characterize as “completely discretionary” blind trust structures.
Pelosi’s strategy typically involves purchasing call options on major technology companies, subsequently converting them to stock ownership. Trump executes significantly more trades spanning diverse industry sectors.
Regarding Nvidia specifically, Pelosi converted 50 call option contracts into 5,000 shares during January 2026. Trump completed 18 separate Nvidia transactions in 2026, with several valued above $1 million.
For Amazon holdings, Pelosi exercised options acquiring 5,000 shares in January 2026. Trump executed 26 Amazon-related trades throughout 2026, including multiple acquisitions ranging from $1 million to $5 million.
Comparing Investment Returns
Pelosi’s investment portfolio generated a 20.1% gain during 2025, outperforming the S&P 500’s 16.6% advance. Her cumulative 10-year return reaches approximately 816%, substantially exceeding Berkshire Hathaway’s 282% performance over an equivalent timeframe.
Calculating Trump’s precise returns proves impossible. His 927-page financial filing combines equities, property holdings, cryptocurrency assets, and media revenues totaling approximately $2.2 billion throughout 2025.
During Q1 2026, Trump reported exceeding 3,600 transactions valued between $220 million and $750 million.
Three specific Trump transactions attracted considerable scrutiny. He purchased between $247,000 and $630,000 worth of Palantir shares in early 2026, subsequently promoting the stock publicly via Truth Social during April.
On February 10, 2026, Trump acquired $1 million to $5 million in Dell stock. On May 8, he encouraged Americans to “go out and buy a Dell.” Dell shares jumped approximately 14% that trading session and climbed 107% from his initial purchase through his public endorsement.
Trump also expanded his Intel position following the federal government’s acquisition of a 9.9% ownership stake in August 2025. Intel has generated returns exceeding 523% since that development.
The Stock Trading Prohibition Both Endorse — Yet Remains Unpassed
Both Pelosi and Trump have publicly stated their backing for legislation banning congressional stock trading activities. The PELOSI Act represents one proposal currently languishing in Congress without sufficient support for passage.
Pelosi plans to retire in January 2027, which will terminate her mandatory financial disclosure obligations.
Republicans occupied five of the top nine positions among congressional stock performers during 2025. Rep. Warren Davidson topped all lawmakers with a 78.8% return. Pelosi placed 28th overall.
Trump paid a $200 penalty for submitting his financial disclosure beyond the deadline and remains exempt from conflict-of-interest regulations governing other executive branch officials.





