Specifically it's the Unusual Whales Subversive Democratic Trading ETF.
Up 40.88% to 31.59% for the index.
The ETF tracking the Republican's trades (KRUZ) is underperforming.
Here's NANC vs. the index vs. KRUZ via BigCharts:
This bit of esoterica was prompted by a headline at MarketBeat this morning:
The Most Bought AI Stock by Congress Isn’t NVIDIA
Key Points
- NVIDIA is a hot stock for active Congressional investors, but it isn't the number one AI stock.
- Microsoft is the most bought AI stock —and stock purchased overall — among Congress members this year.
- Both stocks are led by analysts who see double-digit upside to come.
NVIDIA NASDAQ: NVDA ushered in a new age with the surge of AI and its lean into full-stack AI services. The company's leadership position is reflected in its results and stock price, which is still advancing. Members of Congress are on board the NVIDIA freight train, but it isn't the most bought AI stock for the group. That title goes to Microsoft NASDAQ: MSFT, which has a commanding lead over the No. 2 AI stock, NVIDIA.
More Congress members bought NVIDIA than Microsoft, but that is where the dominance ends for this tech stock. 10 members made 17 purchases of NVIDIA totaling about $3.186 million, while eight members made 24 trades in Microsoft totaling about $31.7 million — nearly 10 times as much. If that doesn't register as an opportunity for investors, they aren't listening hard enough.
Which Members of Congress Are Buying NVIDIA and Microsoft?Who's buying NVIDIA? Members on both sides of the aisle from both houses bought NVIDIA. But Democrats, specifically Nancy Pelosi, purchased the bulk of shares. Representative Pelosi bought more than $1 million in late November, just before the stock price began to rally and double. Other members of note include Representatives Pete Sessions (R-TX) and Kathy Manning (D-NC), as well as Senator Markwayne Mullin (R-OK), who are all reasonably active investors. Each made more than one purchase during the year.
The list of Congressional investors buying Microsoft is equally distinguished. including the same members. Again, the bulk of purchases are by Democrats, but buyers exist from both houses and on both sides of the aisle. For Microsoft, the largest buyer is Representative Josh Gottheimer (D-NJ), who purchased several millions worth of the stock. The second largest purchaser is Representative Pelosi, who bought at least $500,000 worth of shares. Republicans on the list include Representative Sessions, Representative Michael Guest (R-MS) and Senator Mullin....
....MUCH MORE
