Nancy Pelosi Files STOCK Act Disclosure for $1M-$5M Intel Purchase
House Speaker Nancy Pelosi filed a STOCK Act disclosure on June 23, 2026 for a $1M-$5M purchase of Intel (INTC) call options executed May 29, 2026.
What Happened
House Speaker Nancy Pelosi (D-California) filed a STOCK Act disclosure on June 23, 2026, revealing a purchase of Intel Corporation (INTC) call options valued between $1,000,001 and $5,000,000. The trade was executed on May 29, 2026, with the filing made within the required 45-day window mandated by the Stock Trading on Congressional Knowledge Act.
The disclosure shows a -13.55% excess return since the trade date, indicating the position has declined relative to benchmarks. Pelosi holds this as part of her broader trading activity spanning over three decades in Congress.
The Trade Details
| Field | Value |
|---|---|
| Filer | Nancy Pelosi |
| Role | Democratic / House / California (Speaker of the House) |
| Ticker | INTC (Intel Corporation - Common Stock) |
| Transaction Type | Purchase (Options - 200 call options) |
| Disclosed Size Range | $1,000,001 - $5,000,000 |
| Trade Date | May 29, 2026 |
| Disclosure Date | June 23, 2026 (filed via STOCK Act) |
| Excess Return | -13.55% since trade date |
Pelosi's trading profile shows she has been active in Congress trading since 1987, with an estimated net worth of $262.29M and total trading volume of $216.74M across 203 trades. Her last recorded trade was the INTC position disclosed above.
Why It Matters
Congressional stock trades are publicly mandated disclosures under the STOCK Act, which requires members to file within 45 days of executing any financial transaction. These filings serve multiple purposes:
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Transparency: They reveal when lawmakers buy or sell stocks, allowing investors to see potential conflicts between official duties and personal investments.
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Timing Signals: While not insider trading (Congressional trades are public), they can signal sector interest or portfolio rebalancing by a high-profile figure.
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Sector Exposure: Pelosi's holdings span technology (Intel, Apple, Amazon, NVIDIA, Alphabet), transportation (Uber), and financial services (AllianceBernstein), reflecting her diversified approach.
The INTC purchase is particularly notable because: - Intel has faced recent challenges including slowing PC demand and competition from AMD and ARM-based chips - Pelosi's $1M-$5M position represents a meaningful stake in the semiconductor sector - The negative excess return suggests the trade may have been made before Intel's current market conditions deteriorated
What to Watch
Sector Implications
Intel's stock has been under pressure as the company navigates: - Competition from AMD and custom silicon (Apple, NVIDIA) - Shifts in PC and smartphone demand - Manufacturing challenges including foundry capacity constraints
Pelosi's position could signal continued confidence in Intel's turnaround strategy or represent a contrarian bet on semiconductor recovery.
Pelosi's Trading Pattern
Her portfolio shows consistent activity across: - Technology: AAPL, AMZN, NVDA, GOOGL, INTC - Transportation/Services: UBER - Financial Services: AB (AllianceBernstein)
This diversification suggests a balanced approach rather than concentrated bets.
STOCK Act Context
Remember that: - Filings report ranges, not exact amounts - There is inherent disclosure lag (~45 days) from actual trade date - These are public disclosures, not insider trading - The excess return metric shows performance relative to benchmarks
Trading Activity Overview
Pelosi's congressional trading history reveals a long-standing pattern of active participation in equity markets. Her 203 trades span multiple sectors and time periods, demonstrating both opportunistic buying and portfolio management. The recent INTC purchase continues this pattern of technology sector exposure while the negative excess return reflects broader market headwinds facing semiconductor stocks.
The disclosed trade represents approximately $1M-$5M in options contracts on Intel stock. As call options, these positions would profit if Intel's stock price rises above a certain strike price before expiration. The exact terms (strike prices, expiration dates) are not disclosed in the STOCK Act filing, which only reports aggregate position value ranges.
Key Metrics Summary
| Metric | Value |
|---|---|
| Total Congressional Trades | 203 |
| Trading Volume | $216.74M |
| Net Worth Estimate | $262.29M |
| Active Years | 39 (1987-2026) |
Trading Metrics Visualization
Source Snapshot
Sources
This article reports publicly disclosed congressional trading activity under the STOCK Act. It is informational reporting of public disclosures, not financial advice.