Trade Trackers

Share this post

Breaking: Pelosi sells $8.25M of Tech Stocks πŸ“ˆ

www.autopilottracker.com

Discover more from Trade Trackers

Receive real time trade alerts and stock reports of our top Pilot's trades including Warren Buffett, Michael Burry, Nancy Pelosi, & more.
Over 25,000 subscribers
Continue reading
Sign in

Breaking: Pelosi sells $8.25M of Tech Stocks πŸ“ˆ

Click in to see her Updated Portfolio after the sales

Autopilot
Jan 16, 2023
13
Share this post

Breaking: Pelosi sells $8.25M of Tech Stocks πŸ“ˆ

www.autopilottracker.com
Share

Just a couple days after sharing some eye raising β€œinsider trades” of our politicians, the most well known Political trader jumped back into the lime light. Let’s just straight into it:

Nancy Pelosi just reported that she sold up to $8.25M worth of stock during the last week of 2022 (we will get into why soon).

Sales include:

  • 12/28/22 sold 20,000 AB 0.00%↑ shares β€”> loss of -$11K

  • 12/28/22 sold 30,000 GOOGL 0.00%↑ shares

  • 12/30/22 sold 2,000 NFLX 0.00%↑ shares β€”> loss -$133K

  • 12/21/22 sold 10,000 PYPL 0.00%↑ shares β€”>loss -$850K

  • 12/28/22 sold 5,000 RBLX 0.00%↑ shares β€”> loss -$235K

  • 12/30/22 sold 5,000 TSLA 0.00%↑ shares β€”> loss -$511K

  • 12/20/22 sold 130 CRM 0.00%↑ calls β€”> loss -$733K

  • 12/21/22 sold 10,000 DIS 0.00%↑ shares β€”> loss -$114K

Kudos to her for being more transparent about her trades, but one thing to note is she never shares how much she profits: she only shares her $$ losses. Classic.

Below is an updated look at her portfolio based on % allocation:

Regardless, we wanted to share this info with the community. Now the next question is why sell for a loss when these companies not only are solid but also have been beaten down already? To be honest, it could be a number of things. A raising interest rate environment for tech doesn’t mix well. Consumer demand would drop if a recession occurs, which compresses earnings which thus compress multiples.


But, the real reason why we think she’s selling is this: Tax Harvesting. Subscribe below to receive the a formal report on what it is, how she’s doing it, and what we think she will do next. 🀝

13
Share this post

Breaking: Pelosi sells $8.25M of Tech Stocks πŸ“ˆ

www.autopilottracker.com
Share
Comments
Top
New
Community

No posts

Ready for more?

Β© 2023 Autopilot
Market data by Intrinio
Privacy βˆ™ Terms βˆ™ Collection notice
Start WritingGet the app
Substack is the home for great writing