How $1B+ In Political Donations Shape Investment Strategies

QUIVER STRATEGIES
Check out our top Performing Strategies

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

In today’s edition:

• Data Roundup: New Strategies

• Congress Trading

• Uber & Waymo Partnership
  -David Love

DATA ROUNDUP
Autopilot “Trump & Kamala Donors” Strategies

We have just launched in partnership with Autopilot, two new portfolios on the Autopilot platform: the "Trump Donors Portfolio" and the "Kamala Donors Portfolio."

Each of these strategies takes an equal-weighted position in 10 publicly-traded companies with employees that have recently disclosed significant donations to Democratic/Republican leaning PACs, or have significant financial connections to the given party.

You might be wondering, what do political donations have to do with investing? Let us explain.

Corporation donations are often a sign of how executives could benefit from different election outcomes. So if you believe that a certain candidate is going to win, you may want to consider investing in their top donors.

Our Trump Donors Portfolio includes such hospitality heavyweights as Las Vegas Sands (LVS) and Wynn Resorts (WYNN), along with financial firms like Charles Schwab (SCHW) and Interactive Brokers (IBKR).

Among Kamala’s top donors, there are tech giants like Twilio (TWLO), Netflix (NFLX), and Microsoft (MSFT), plus financial powerhouses Morgan Stanley (MS), and Blackstone (BX).

But here's where it gets really fun. Palantir (PLTR), the enigmatic data analytics firm, appears in both portfolios, with large donations made by executives to both parties. Given how reliant they are on government contracts, they seem to be positioning themselves to benefit no matter who wins.

Whether you're a trader searching for politically-tinged investment ideas, or just interested in learning more about the intersection of money and politics, these new portfolios might be worth a look on Election Week.

POLITICS
Last Week’s Congressional Trades

Insights from our Congress Trading Dashboard

Several members of Congress have already made millions of dollars in the stock market in 2024:

• On 10/23/24, Senator Rick Scott (R) disclosed six municipal bond sales with coupon rates between 5-5.25%, involving bonds from New York, New Jersey, Texas, Washington State, and South Carolina. The total value of these sales reached up to $4M.

• Former President Donald Trump's (R) net worth dropped by $2.1B on 10/31/24, driven by a 35% drop in Trump Media Stock (DJT) .

• Representative Mark Green (R) has some recent well timed NGL stock sales disclosed on 10/29/24. He sold NGL 2 separate times and the (NGL) Energy Partners stock has fallen as much as 6.48% since he sold this stock.

• Representative John Jackson (D) has two recent very well timed sales:

  1. An (AES) Corporation stock sale from 9/19/24 that was disclosed on 10/11/24 is down nearly 22% compared to a flat S&P 500 (SPY) since the trade.

  2. Jackson disclosed a Merk stock sale from 9/24/24 on 10/11/24. The (MRK) share price is down 11.38% since the sale compared to a flat S&P 500 since the trade.

NEWS
How Uber and Waymo Are Shaping the Future of Autonomous Rides

Uber Technologies (UBER) reported promising trends for its collaboration with Waymo in San Francisco, as new data highlights improvements in Waymo’s (GOOG) pricing and wait times. Waymo’s (GOOGL) average trip prices decreased by 9.7% quarter-over-quarter in Q4, making it more competitive compared to both Uber and Lyft (LYFT). Average wait times for Waymo rides also dropped by 13.6%, narrowing the gap with Uber and Lyft wait times in San Francisco, underscoring the company’s progress toward broader autonomous vehicle (AV) adoption.

Waymo’s recent growth in California reflects the increasing consumer acceptance of AVs, with completed trips climbing to over 300,000 in August 2024, up significantly from prior months. Uber executives noted that Waymo has gained market share in San Francisco while emphasizing that Uber’s own trip volumes remain robust. Waymo’s strategic price adjustments, alongside rider incentives, demonstrate a calculated approach to gaining ground in competitive markets.

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