Track Politician Wealth Trends with Quiver

Author

David Love
May 06, 2024

This week, we launched a new feature to give you a live estimate of the stock portfolio for any active member of Congress.

We’ll be diving more into more details on that later, and also covering a major recent stock sale by Warren Buffet. But first, here’s a rundown of what we’ve seen in the data recently:

NOTABLE TRADES

  • Exxon (XOM) stock has now risen 141% since Representative Michael Guest bought in. This was his only stock purchase in 2021.

  • At the time, he sat on an energy subcommittee. Now, he is the Chairman of the Ethics Committee.

  • The FTC has alleged that Pioneer Resources (PXD) colluded with OPEC to raise oil prices.

  • We estimate that Representative Kevin Hern has made $415K from his frequent trading of the company's stock.

  • Senator Tommy Tuberville bought stock in a Humacyte (HUMA). A small biotech company that makes implantable human tissues.

  • They have been testing this tech in Ukraine. Tuberville sits on the Senate Armed Services Committee.

  • We estimate Rep Nancy Pelosi has already made $3.86M in the stock market so far in May (20x her annual salary).

  • Nearly $500k alone last Friday 5/3.

To see more details about their trades, and how they’ve performed since, check out our Congress Trading Dashboard. 

NEW FEATURE - LIVE STOCK PORTFOLIO

We've added a Live Stock Portfolio feature to politicians' pages, giving you real-time insights into their stock holdings and portfolio allocation.

Dive into each politician's page to explore their live stock portfolio and see how they allocate their investments.

Nancy Pelosi is ranked #2 with a net worth of $245.65M. Discover her top 3 stock picks and portfolio breakdown below:

Check out the new feature on politicians individual page for a full breakdown. 

Note: This is a premium feature available to Hobbyist subscription members and above.

QUIVER STRATEGIES

With Quiver Premium you can use these features yourself - as well as implement these strategies into your own portfolio manually or automatically copytrade.

3 of our strategies based on individuals’ trading have done exceptionally well in the markets in the last 3 months:

Warren Buffett Lauds Apple, Despite Reducing Apple Stake by 13%

Warren Buffett, the legendary investor and chairman of Berkshire Hathaway (BRK.A), assured shareholders at the company's annual meeting that his successors are well-prepared to lead the conglomerate forward. In Omaha, Nebraska, Buffett lauded Vice Chairmen Greg Abel and Ajit Jain, emphasizing their readiness to assume greater responsibilities once he steps down. Abel, who was named Buffett's successor as CEO in 2021, will have the final say on capital allocation decisions for Berkshire's portfolio of public stocks. "When you've got somebody like Greg and Ajit, why settle for me?" Buffett remarked, underscoring their pivotal roles in the company's future.

Despite reducing Berkshire's (BRK.B) stake in Apple (AAPL) by 13%—a move that cut its holdings to $135.4 billion from $174.3 billion—Buffett was effusive in his praise for the iPhone maker. He referred to Apple as "an even better business" than two of Berkshire's oldest and largest investments, American Express (AXP) and Coca-Cola (KO). With Apple CEO Tim Cook in attendance, Buffett hailed the iPhone as "one of the greatest products, and it may be the greatest product, of all time," reinforcing Apple's status as Berkshire's largest stock investment.

Continued on our News Feed.