Rep. Nancy Pelosi, the former House speaker, has disclosed a major update to her investment portfolio, revealing more than $10 million in cumulative stock transactions.
A financial disclosure filed on January 23 shows a combination of option exercises, direct equity purchases, and sizable sales.
A review of the Congress trades shows the lawmaker has maintained a strong concentration in large-cap technology and artificial intelligence-linked names.
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At the same time, her 2026 exposure entails selective diversification into energy, asset management, and healthcare data.
Pelosi’s new stock portfolio
Among the most notable additions was Alphabet (NASDAQ: GOOGL). Pelosi reported purchasing common shares on January 16, 2026, following the acquisition of call options on December 30, 2025. A similar pattern emerged with Amazon (NASDAQ: AMZN), where call options were purchased late last year before additional shares were bought in mid-January.
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) also featured prominently. Pelosi disclosed call option purchases in both companies on December 30, 2025, followed by a direct stock purchase in Nvidia on January 16, 2026.
Beyond mega-cap technology, the disclosure shows new investments in AllianceBernstein Holding L.P. (NYSE: AB), Vistra (NYSE: VST), and Tempus AI (NASDAQ: TEM), all purchased on January 16, 2026.
The politician also reported receiving shares of Versant Media Group (NASDAQ: VSNT) through a corporate spinoff completed on January 2, 2026.
On the selling side, the filing details partial reductions in several core holdings. Alphabet, Amazon, Apple, and Nvidia were partially sold in late December 2025, with some Alphabet and Apple shares transferred to a donor-advised fund.
Pelosi also fully exited PayPal (NASDAQ: PYPL) and Walt Disney (NYSE: DIS) on December 30, 2025.
Pelosi’s stock trades controversies
The disclosure comes as Pelosi’s trading activity remains under heightened scrutiny amid renewed debate over whether members of Congress and their families should be permitted to trade individual stocks.
Pelosi has come under pressure over alleged use of insider information, given the historical success of her investment picks.
Although no regulator has found any wrongdoing tied to Pelosi’s investments, her disclosures continue to fuel calls for tighter restrictions on congressional stock trading, even as she approaches her impending exit from Congress.
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