Donald Trump and Nancy Pelosi both invest in 10 US stocks, according to financial disclosure reports analyzed by investment media outlet Benzinga. Trump, who made over 21,000 stock trades in 2025, prefers high-volume large-cap stocks and conducts transactions through a blind trust. Pelosi, whose portfolio is managed by her husband Paul Pelosi who runs a financial investment firm, primarily uses 1-year call options on IT large-cap stocks. Benzinga identified the 10 stocks by comparing Pelosi's holdings from the past 5 years that remain unsold with Trump's asset disclosure from June. US individual investors closely track both politicians' portfolios because their positions as sitting president and former House Speaker require regular financial disclosures.
Trump and Pelosi Show Different Investment Strategies
Trump made over 21,000 stock trades in 2025, with thousands of additional transactions occurring in early 2026. He directly recommended some stocks to the public and primarily favors large-cap stocks with the highest trading volumes. Pelosi uses a different approach: she purchases 1-year call options instead of buying stocks directly in the market, then exercises the options at expiration to convert them into common stock. This options strategy provides leverage, allowing the same capital to control more shares. Pelosi concentrates on IT large-cap stocks.
Uber Holdings Show Mixed Trading Patterns
Pelosi purchased 200 Uber call option contracts (20,000 shares) on May 29. Each option contract represents 100 shares. The call options expire on March 19, 2027, with a strike price of $50. Trump traded Uber stock 19 times this year, primarily buying with some sales. His largest transaction occurred in March - a purchase between $1 million and $5 million. Trump sold some Uber stock in May.
Intel Transactions Include Both Purchases and Sales
Pelosi bought 200 Intel call option contracts (20,000 shares) on March 29. The options expire March 19, 2027, with a $50 strike price. Trump both bought and sold Intel stock this year, with most transactions being purchases. His largest trade was a March purchase between $50,000 and $100,000.
Alphabet Investments Span Multiple Share Classes
Pelosi purchased 50 call option contracts (5,000 shares) of Alphabet Class A stock on January 14, 2025. The options were exercised in early 2026, converting to common stock. Pelosi previously sold several million dollars worth of Alphabet Class A stock in multiple transactions during 2021 and 2022. Trump sold Alphabet Class C stock 6 times and purchased it 14 times this year.
NVIDIA Positions Combine Options and Common Stock
Pelosi exercised 50 NVIDIA call option contracts to acquire 5,000 common shares, disclosed on January 16. She also purchased 20 call option contracts in December 2025 with an expiration date of January 15, 2027. She currently holds both NVIDIA call options and common stock. In 2024, Pelosi exercised 500 NVIDIA call option contracts to obtain 50,000 common shares, then sold 10,000 shares in December 2024. Trump made 18 NVIDIA stock trades this year, with 5-6 transactions exceeding $250,000 each and some exceeding $1 million.
Tempus AI and Vistra Represent Smaller Position Sizes
Tempus AI, a medical technology company building medical information systems, appears in both portfolios. Pelosi exercised 50 Tempus AI call option contracts in January to hold 5,000 common shares. Trump made a single Tempus AI stock trade in May, between $15,000 and $50,000.
Vistra Corp., a power supply company benefiting from AI data center expansion, is also held by both. Pelosi exercised 50 Vistra call option contracts in January for 5,000 common shares. Trump sold Vistra stock 4 times and purchased it 6 times this year, with purchase volumes significantly exceeding sales.
Apple Remains Long-Term Holding for Pelosi
Apple is a long-term preferred stock for Pelosi. She has sold Apple stock and donated shares to charitable organizations in recent years. Her most recent transaction was purchasing 20 call option contracts (2,000 shares) in December 2025, expiring January 15, 2027, with a $100 strike price. Trump traded Apple stock 16 times this year, including 2 large transactions between $1 million and $5 million.
Amazon Sees Frequent Trading Activity from Trump
Pelosi purchased 50 Amazon call option contracts on January 14, 2025, converting them to 5,000 common shares in January 2026. She also bought 20 Amazon call option contracts in December 2025, expiring January 15, 2027, with a $120 strike price. Trump bought and sold Amazon stock 26 times this year, making it one of his most frequently traded stocks. Several purchase transactions ranged between $1 million and $5 million, while one February sale was between $5 million and $25 million.
Broadcom Transactions Occur Through Options Exercise
Pelosi exercised 200 Broadcom call option contracts in June 2025, converting them to 20,000 common shares. The transaction size was between $1 million and $5 million. Trump traded Broadcom stock 15 times this year: 8 purchases and 7 sales. One purchase transaction was between $1 million and $5 million.
Palo Alto Networks Held Through Converted Options
Palo Alto Networks, a Silicon Valley cybersecurity software company, rounds out the list. Pelosi exercised 140 call option contracts in 2024 to hold 14,000 common shares. This transaction was between $1 million and $5 million. Trump traded Palo Alto Networks stock 12 times this year: 7 purchases and 5 sales. His largest transaction occurred in February, between $500,000 and $1 million.
FAQ
What investment strategies do Trump and Pelosi use for US stocks?
Trump made over 21,000 stock trades in 2025 and prefers high-volume large-cap stocks through a blind trust. Pelosi purchases 1-year call options on IT large-cap stocks, then exercises them at expiration to convert to common stock, providing leverage.
Which 10 US stocks do both Trump and Pelosi hold?
Benzinga identified 10 stocks both currently hold: Uber, Intel, Alphabet, NVIDIA, Tempus AI, Vistra, Apple, Amazon, Broadcom, and Palo Alto Networks, based on Pelosi's 5-year holdings and Trump's June disclosure.
How did Pelosi acquire her NVIDIA stock position?
Pelosi exercised 50 NVIDIA call option contracts on January 16 to acquire 5,000 common shares. She also purchased 20 call option contracts in December 2025 expiring January 15, 2027, and currently holds both options and common stock.
