Let’s be clear at the outset, Republican congresswoman from Georgia Marjorie Taylor Greene is no Nancy Pelosi when it comes to buying stocks. Where the former House Speaker beat the market last year with a whopping 71% return from her uncannily-timed stock trades, MTG only returned 30.2%. But that was still strong enough to outperform the S&P 500 by nearly seven percentage points.
Greene is also one of the most active stock traders, though there are some caveats. As the Unusual Whales website notes, she went through a divorce in 2022 and restocked her portfolio heavily in 2024, accounting for the large increase in trades. Still, her performance was not Pelosi-level outstanding.
With the latest disclosure forms filed, though, it shows Greene is back in the market, buying a lot more stock, though not especially large positions. Rules only require broad ranges of value for the stocks a politician purchases and almost all of MTG’s fall between $1,001 and $15,000, with one exception we’ll discuss below.
Of the 357 trades Greene has made during her tenure, nearly one-quarter are technology stocks and 10% are in financials and consumer discretionary, respectively. She has traded some $6.85 million worth of stock since 2021, but so far this year, she has bought $1.3 million worth with no sales.
In March alone she made 19 separate trades and the three below are notable ones this month.
Deep discount retailer Dollar General (DG) is the only stock she doubled up on in March, buying a tranche on March 3 and again on March 7 ahead of its earnings report a week later. She is up nearly 20% from the first purchase and 4% on her second.
The dollar store chain had a rough go of it in 2024, with shares tanking 44%, but its “Back to Basics” plan, which includes better inventory and opening 730 new stores, targets a 2025 rebound. Trading at a P/E of 16 and just a fraction of its sales, it’s dirt-cheap compared to Walmart (WMT) at 36, and throws in a dividend yielding 2.8% to sweeten the deal.
Yet Dollar General also has a clear line of sight into the pocketbooks of low-income Americans, who are its core shoppers. After years of escalating prices, those on the lower income ladder rungs are stretched to their limit, CEO Todd Vasos does not expect much improvement this year,
However, with inflation easing and the Federal Reserve expecting two interest rate cuts this year, it could lift them – and Dollar General – soon.
Greene was not the only politician interested in cybersecurity leader CrowdStrike (CRWD) in March. Fellow Republican Rep. Robert Bresnahan and Democratic Rep. Greg Landsman were both buyers earlier this year, but MTG’s timing was better. She’s up over 10% on her March 7 purchase while Bresnahan and Landsman are down 5% and 3%, respectively, after buying it in February.
Thanks to Crowdstrike’s AI-driven cybersecurity edge, it is seeing revenue and subscriptions soar. Revenue was up 25% in Q4 to $1.06 billion as subscriptions jumped 27%. Last summer’s outage is fading fast and two-thirds of users now lean on five-plus Falcon modules. Cloud security annual recurring revenue spiked 220% to $600 million and it has $6 billion in backlog.
AI is a dual-edged sword, as hackers are using the technology to make more sophisticated attacks, which means Crowdstrike’s AI-powered real-time threat detection and automation are essential and keep it ahead in a market expected to grow to $250 billion by 2029. CrowdStrike’s AI muscle promises decades of dominance, making it a long-haul winner.
The largest single purchase MTG made this month is for the exchange-traded fund iShares Bitcoin Trust Beneficial Interest ETF (IBIT). She purchased between $15,001 and $50,000 worth of the ETF. Other than buying up to $250,000 in U.S. Treasury bills from time to time, the Bitcoin (BTC) ETF is one of her biggest purchases. Greene is about break-even so far on her March 3 buy.
Now that’s not a Michael Saylor size bet at Strategy (MSTR), but it may be a smart one anyway. The ETF’s Q1 update shows $18 billion in assets, and though the cryptocurrency is down 10% year-to-date, tracking Bitcoin’s price, there could be forces that push IBIT higher.
BlackRock (BLK) manages the ETF and Coinbase (COIN) is the custodian, cutting the hassle of owning crypto directly. Pension funds, index funds, and other institutional holders are buying up the iShares ETF as it offers excellent liquidity and has been a top-traded Bitcoin ETF since its launch. It will follow Bitcoin’s price higher when it runs up, but should fall less when the crypto goes down because of the institutional inflows.
Volatility can be wild, but IBIT’s structure and a massive crypto market by 2030 make it a slick long-term play.
