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ANALYSISNotable Trade

Pelosi BE Buys Generate Up to 56.4 Alpha in Latest Filings

Chad
·Sunday, September 20, 2026

Rep. Nancy Pelosi's latest disclosures show two sizable Bloom Energy purchases that have produced market-beating results. On July 24 she bought $1,000,001 to $5,000,000 of BE at $184.89. That position has gained 43.67 percent with 40.59 alpha. Four days later she added $500,001 to $1,000,000 at $166.84, a stake now up 59.21 percent with 56.4 alpha.

These Industrials-sector trades stand out for both size and excess return at a moment when hyperscale data center operators are locking in reliable power capacity. Bloom Energy's fuel-cell systems directly support the infrastructure buildout that has driven Microsoft Cloud revenue above $214 billion and Azure past the $100 billion mark in fiscal 2026.

The same July 24 filing included a $500,001 to $1,000,000 purchase of INTC at $92.32. That holding has returned 17.63 percent with 14.55 alpha, extending the outperformance across both energy infrastructure and semiconductor names.

In parallel, Rep. Josh Gottheimer filed four Microsoft transactions, all dated August 14 at $495.40. He bought and sold matching amounts in the $500,001-$1,000,000 bucket and again in the $250,001-$500,000 bucket. Net performance sits at minus 0.33 percent with a modest 1.56 alpha. The flat outcome arrives just before Microsoft's 8 percent dividend increase to $0.98 per share, announced September 15, and ahead of its October 7 Windows and Surface event focused on local AI capabilities.

Additional filings in the 30-day disclosure window include Rep. John W. Rose's sale of GOOGL shares that have since climbed 111 percent and Rep. April McClain Delaney's sales of ITT and MLM that sit slightly in the red. The contrast between Pelosi's high-conviction buys that generated tens of points of alpha and the more neutral MSFT adjustments illustrates differing approaches among House Democrats to the ongoing AI buildout.

The numbers point to notable timing in the Industrials and Technology sectors. Whether the pattern continues will become clearer as more earnings reports land and capital spending plans for 2027 are detailed.

This is data analysis, not financial advice.

Mentioned in this article

BEMSFTINTCNancy PelosiJosh Gottheimer

This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.