Inside Look: Trump's New Cabinet Financial Disclosures

QUIVER STRATEGIES
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Each week, we are highlighting the top Quiver Strategies trending right now:

In today’s edition:

• Congress Trading

• Data Roundup: November Portfolio Updates

• Tesla’s Robotaxi Gains Momentum
  -David Love

POLITICS
Last Week’s Congressional Trades

Insights from our Congress Trading Dashboard

Donald Trump won the 2024 Presidential Election last week, and has begun announcing plans for his initial cabinet and senior leadership. Here’s a roundup on the financial holdings of some key members of the new administration:

• Vice President-elect J.D. Vance now has up to half a million dollars in Bitcoin. He also owns shares in (QQQ), (DIA), (TLT), and (GLD), as well as private real estate and venture capital investments. You can track his portfolio on Quiver.

• Today Senator John Thune was elected as the Senate Majority Leader. Thune has a net worth of $700k, per our estimates. We have seen him trade stocks just once while in office - a 2022 sale of Independence Realty Trust (IRT).

• President-Elect Trump has chosen Rep. Mike Waltz to be his National Security Advisor. We estimate that Waltz has a net worth of approximately $10M. He bought up to $100K of Bitcoin in 2021 & sold up $5M in 2020 of Metis Solution (not a publicly traded company).

Insights from our Congress Trading Dashboard

DATA ROUNDUP
November 2024 Quiver Strategies Portfolio Updates

Insights from our Quiver Strategies Dashboard

📈 Updates in the Congress Trades Portfolio! 📈

The latest monthly rebalance reveals strategic adjustments within the portfolio, reflecting changes aligned with congressional trading activity.

💰 Key changes include:

Positions Closed: Four positions were closed including $NVDA (Nvidia) (prev. a 49.52% position), $SPG (Simon Property Group position) (3.84%), $GRMN (Garmin) (3.27% position), and $LINE (Linde plc) (3.17% position).

Positions Opened: Four new positions were established including $ITW (Illinois Tool Works) at 10.97%, $JPM (JPMorgan Chase) at 7.31%, $JNJ (Johnson & Johnson) at 3.44%, and $ADP (Automatic Data Processing) at 10.75%.

Positions Increased: $GD (General Dynamics) increased to 14.19%, $AMGN (Amgen) increased to 10.75%, $CB (Chubb) increased to 10.75%, $HSY (Hershey) increased to 10.75%, $ACN (Accenture) increased to 10.54%, and $APD (Air Products and Chemicals) increased to 10.54%.

These adjustments reflect the dynamic nature of the Congress Trades strategy, adapting to the latest insights from congressional trading activities.

📈Updates in the Lobbying Spending Growth Portfolio! 📈

The latest monthly rebalance reveals a complete portfolio turnover, reflecting changes aligned with lobbying spending growth signals.

💰 Key changes include:

Positions Closed: All ten previous positions were closed including $FWONA (-10.00%), $MRNA (-10.00%), $GWH (-10.00%), $UAL (-10.00%), $BALL (-10.00%), $NSC (-10.00%), $INTU (-10.00%), $AI (-10.00%), $EBAY (-10.00%), and $RBLX (-10.00%).

Positions Opened: Ten new positions were established including $FITB (10.00%), $WM (10.00%), $DNOW (10.00%), $BMY (10.00%), $CSX (10.00%), $FOX (10.00%), $NXST (10.00%), $ATGE (10.00%), $HIG (10.00%), and $BAC (10.00%).

These adjustments reflect the dynamic nature of the Lobbying Spending Growth strategy, adapting to the latest insights from lobbying spending activities.

📈 Updates in the DC Insider Portfolio! 📈

The latest monthly rebalance reveals strategic adjustments within the portfolio, reflecting changes aligned with DC insider trading signals.

💰 Key changes include: 

Positions Closed: Four positions were closed including $ORCL (-7.43%), $CMCSA (-3.95%), $HD (-3.65%), and $AMT (-2.73%).

Positions Opened: Four new positions were established including $IBM (+8.86%), $GOOGL (+4.10%), $ARMK (+3.94%), and $IRM (+2.80%).

Positions Adjusted: Eighteen existing positions were adjusted with notable changes in $ACN (+0.31%), $T (+0.28%), $SO (+0.25%), while $GM (-0.42%) and $MRK (-0.19%) saw decreases. $SPGI remained unchanged at 3.70%.

These adjustments reflect the dynamic nature of the DC Insider Strategy, adapting to the latest insights from DC insider trading activities.

Insights from our Quiver Strategies Dashboard

NEWS
Tesla’s Robotaxi Ambitions Gain Momentum with Trump’s Regulatory Support

Tesla (TSLA) may see a smoother regulatory path for its ambitious robotaxi vision with President-elect Donald Trump’s support, although technological and legal challenges remain substantial. Trump, who recently named Elon Musk to head a government efficiency panel, has vowed to create a crypto-friendly and tech-advancing regulatory environment, which could include autonomous vehicles. Musk, an outspoken advocate for a single federal standard for autonomous driving, now has the political leverage to push for a national framework that would replace the current patchwork of state-level regulations.

Despite this potential federal support, Tesla’s self-driving technology lags behind rivals like Waymo and GM’s Cruise in California, where stringent regulations have resulted in long testing periods. Tesla currently holds only a basic permit for testing with a human driver, while companies like Waymo have logged millions of autonomous miles. Experts caution that Tesla’s current Full Self-Driving (FSD) system, which requires driver oversight, is far from ready to be a fully autonomous robotaxi, and California’s extensive regulations provide a safeguard against premature deployments.

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