Marjorie Taylor Greene — personal disclosures (NVDA/semi & AI book)
Rep. Marjorie Taylor Greene (R-GA); states a portfolio manager executes trades on her behalf. Disclosed via STOCK Act PTRs.
A well-documented active single-name AI/semi trader — NVDA is consistently a top-3 holding, traded repeatedly across 2024-2025, alongside a basket of AI-trade names (Palantir, Apple, Amazon, Tesla). The April-2025 buys of NVDA and 16 other names one day before a tariff-pause rally drew an SEC-investigation request, making her book a heavily-scrutinized but transparent window into the semiconductor/AI-platform trade.
- Disclosure record — A public official's statutory filings, not a fund. No NAV, no manager, no terms.
- Reconstructed — Figures are third-party estimates rebuilt from filings, not reported results.
- Value bands — Filings disclose ranges, not amounts — position sizes cannot be summed.
Top holdings
$1K-$15K (Apr-2025 buy) — #3 holding per Capitol Trades; bought repeatedly through 2024-2025, most recent disclosed buy May-2025 — her core AI-com
$1K-$15K band — AI-software/defense platform; part of the Apr-2025 17-name basket.
$1K-$15K band — AI-device/edge-compute proxy; Apr-2025 basket.
$1K-$15K band — AWS datacenter-capex proxy; Apr-2025 basket.
$1K-$15K band — AI/autonomy + energy bet; Apr-2025 basket.
Recent moves
Apr 8-9, 2025: disclosed buying $21K-$315K across 17 companies including NVDA, AMZN, AAPL, TSLA, PLTR and Nike — one day before the administration's 90-day tariff pause sparked a semis rally, prompting Sens. Warren and Schumer to request an SEC investigation; she says her portfolio manager traded on public info. Most recent disclosed NVDA buy May-2025 (Capitol Trades/Quiver).
Our take
Why it matters: of the congressional cohort, MTG is among the most active explicit semiconductor/AI single-name traders, with NVDA a durable top-3 and a basket spanning the AI platform stack (PLTR, AAPL, AMZN, TSLA) — directly the semi/AI surface this page tracks. Edge/limits: position sizes are small ($1K-$15K bands), so this is signal-rich on names but tiny on dollars; the timing controversy underscores that PTRs reveal what, not why. Honest caveat: the 476% headline is a contested tracker estimate, trades are ~30-45 days lagged and executed by a manager — transparency tracking, explicitly not a buy recommendation.
Two distinct layers sit in this file. The equity layer is a wide, small-band basket mapping cleanly onto the 2024-25 AI capex theme — compute (NVDA, ASML), platform (GOOG, AMZN, AAPL), software/security (PLTR, CRWD, ADBE) — with satellite exposure to banks, utilities and data-center REITs, the power-and-property side of the same trade. The large layer is cash-equivalent: Treasury-bill lines are both the most frequent line item and the largest by band, reaching $100,001-$250,000 on the Sept 2025 filing, dwarfing any single equity line. Read together the file looks barbelled — a broad, small-sized thematic equity sleeve against materially larger short-duration Treasury tickets. What the filing does NOT support: any weight, cost basis, total, cash-versus-equity ratio, or claim about intent. Bands overlap so widely that the same disclosures are consistent with very different real portfolios.
- 2026-05The termination filing reframes the barbell: 4 T-bill lines, the largest banded $500,001-$1,000,000, sit behind 76 equity lines at $15,001-$50,000 and far behind Taylor Commercial at $5M-$25M.
Thesis
A now-closed U.S. House STOCK Act disclosure record, not a fund. Rep. Marjorie Taylor Greene (R-GA) resigned effective Jan 5, 2026, so the periodic-transaction-report (PTR) trail is a finished historical file rather than a live book. Capitol Trades tallied roughly 448 disclosed trades, ~$8.98M of reported volume across ~94 issuers as of Apr 2026. Filings report value BANDS and lagged dates — never a portfolio, never a weight, never a NAV. She has stated a portfolio manager executes the trades.
As reported: many small single-name equity lines, most in the $1,001-$15,000 band, spanning AI/semi and mega-cap tech (NVDA, PLTR, AAPL, AMZN, TSLA, GOOG, ASML, CRWD, ADBE) plus financials, utilities and REITs. The large-ticket lines are U.S. Treasury bills — the most frequent line item in the file — on both buy and sell sides. Cadence is basket-shaped: one filing often lists ten-plus names dated the same day. A spot Bitcoin ETF (IBIT) appears on the Sept 2025 filing.
- 2026-05The 7 May 2026 termination filing is a portfolio snapshot at departure, and adds lines the transaction trail omitted (iShares Bitcoin Trust, a UCB loan liability). Band, weight and NAV caveats still stand.
Assessment
- Unusually granular for a congressional file — ~448 disclosed trades across ~94 issuers gives a dense time series rather than a handful of annual snapshots.
- Thematically coherent equity sleeve: compute, platform, software, plus the power and data-center adjacency that the same AI capex cycle feeds.
- Treasury-bill lines are disclosed with the same specificity as equities, so the barbell shape is visible in the filings rather than inferred.
- Record is now terminal — resignation effective Jan 5, 2026 closes the series, so it can be studied as a complete period rather than a moving target.
- Filings report VALUE RANGES ($1,001-$15,000; $100,001-$250,000), never amounts. Any 'position size' is a band, and bands cannot be summed into a portfolio.
- A PTR must be filed no later than 45 days after the transaction (within 30 days of notice) — a statutory ceiling, not a fixed lag. Filings can land earlier; late filings occur. Disclosure date is not execution date.
- No denominator. The file shows transactions, not holdings, so there is no way to compute weights, turnover, or a cash-versus-equity split.
- Attribution matters: assets may be spousal, joint, or held in trust, and she has stated a portfolio manager executes the trades. Disclosed is not the same as directed.
- Third-party tracker reconstructions (Quiver, Capitol Trades, Benzinga) use different band midpoints and reinvestment rules and therefore disagree with each other.
- 2026-05A Terminated Filer Report filed 7 May 2026 discloses a full Schedule A holdings list — every asset in a value band, plus 401K, IRA and trust sub-accounts — so a banded cash-versus-equity read is now possible.
Record
No audited return exists — no NAV, no custodian statement, no official performance figure. The widely-circulated '+476% since joining Congress' is a media tracker's PORTFOLIO-VALUE-GROWTH reconstruction (roughly $630K at 2021 entry to an estimated $2.6M-$4M), not a time-weighted return, and it is built by assuming point estimates inside disclosed bands. It is not comparable to a fund return. Separately, the most recent disclosure-derived asset range runs about $7.47M-$36.47M — a spread wide enough to show how band arithmetic drives any headline number — and she has publicly disputed net-worth characterisations. The honest reading: the filings establish WHAT was traded and WHEN it was disclosed, and they do not establish return, skill, or outcome in either direction.
- 2026-06The ~$7.47M-$36.47M band derives from the Aug 2025 annual filing; the May 2026 termination filing now supersedes it. Independent estimates run higher — Quiver $24.8M, secondary press ~$25-26M (Jun 2026).
Risks & fit
- The equity sleeve is concentrated in a single macro theme — AI capex — so compute, platform, software and the power/REIT satellites tend to move together.
- Semiconductor names in the file (NVDA, ASML) carry direct export-control and tariff sensitivity as a property of the sector.
- The IBIT line adds crypto-beta, an asset class with materially different drawdown behaviour from the rest of the book.
- Treasury-bill weighting means reinvestment-rate exposure: short duration rolls at whatever the front end offers.
- Series ends Jan 2026 — the file cannot show how the positioning behaved through anything after that date.
This reading changes if the final termination/annual OGE-278e filing shows a holdings profile inconsistent with the transaction-derived picture — a much larger equity base than the small bands imply, or T-bills turning out to be a minor share of assets. It also changes if a material share of the disclosed lines is attributed to a spouse or trust rather than a directly-held account, which would break the single-book framing, or if amended filings restate the bands or dates. Any of these would make the barbell characterisation an artifact of transaction-only data.
Theme and market-structure context: a dated, primary-source record of how one disclosed book expressed the AI capex trade alongside short-duration Treasuries, and a concrete illustration of what STOCK Act data can and cannot show. Best read against the raw House Clerk PDFs, not tracker summaries. Not a signal to mirror, not a portfolio to copy, and not investment advice — the record is closed, lagged, band-reported, with no weights and no verifiable return.
Not applicable — a public official's disclosure record, not a fund. No vehicle, no subscription, no management or performance fee, and no way for a reader to allocate to it. Trackers republishing the data are free or subscription media products.