U.S. Congressman who beat Burry and Pelosi in the stock market makes new trades

Josh Gottheimer, U.S. Congressman representing New Jersey’s 5th Congressional District, has been busy in the stock market once again.

According to the latest data from the US Senator Stock Trading Radar by Finbold, Gottheimer isn’t just focused on Capitol Hill—he’s also continuing to make strategic moves in his personal portfolio.

In a recent congressional filing, Gottheimer disclosed the purchase of Apple Inc. (NASDAQ: AAPL) stock, with an investment valued between $1,001 – $15,000. The trade was executed on August 1, 2024, and officially disclosed on September 6, 2024. 

But Apple wasn’t his only notable play. Gottheimer also added Abbott Laboratories (NYSE: ABT) to his portfolio, investing the same amount—between $1,001 – $15,000—on August 19, 2024.

Josh Gottheimer’s stock sales

On the selling front, Gottheimer made some timely exits. He trimmed his position in Advanced Micro Devices (NASDAQ: AMD), with two partial sales: one on August 1, 2024, and another on August 6, 2024, both within the $1,001 – $15,000 range. 

Given AMD’s volatile performance in the chip market, these strategic sales suggest he may have been locking in gains ahead of potential market turbulence.

In another notable sale, Gottheimer unloaded shares of Air Products and Chemicals (NYSE: APD) on August 30, 2024, for the same investment range. APD, a key player in the industrial gases sector, might have been a candidate for rebalancing, especially as sectors like tech and healthcare continue to gain momentum.

What’s even more impressive is the Congressman’s performance over the past 12 months. His portfolio has delivered a 29.09% return, outpacing even the famed investor Michael Burry, who posted a 21% gain in the same period. 

Gottheimer’s success also compares favorably with his fellow Capitol Hill counterpart, Nancy Pelosi, whose portfolio—fueled by her high-profile bet on Nvidia (NASDAQ: NVDA) and other strategic plays—saw a 26% return. 

At least for now, it seems the Congressman’s market savvy is standing tall alongside some of the most closely watched investors, both inside and outside the political arena.

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