Which members of Congress invested in Pfizer Inc (PFE)?
Members of Congress Invested in Pfizer Inc Member Party Amount Invested Sensenbrenner, Jim Republican $1,018,814 - $5,018,813 Gianforte, Greg Republican $797,136 Upton, Fred Republican $165,003 - $400,000 Schrader, Kurt Democrat $100,001 - $250,000 36 more rows ...
How much did Pfizer spend on US politics?
In addition to giving roughly $1 million to members of Congress, Pfizer also wrote checks to 1,048 individual candidates in state legislative races. While the drug industry gave money to a broad range of candidates, it focused in particular on those on key committees that oversee health care legislation.
What type of owners hold Pfizer Inc stock?
What type of owners hold Pfizer Inc stock? Name Hold Shares Value Vanguard Group Inc 8.06% 450,914,119 $17.91B Blackrock Inc 7.25% 405,733,970 $16.12B State Street Corp 4.91% 274,886,855 $10.92B Wellington Management Group Llp 4.46% 249,780,583 $9.92B 6 more rows ...
Which lawmakers are investing in Pfizer and Gottheimer?
Legislators who invested in the companies include Illinois Democrat Rep. Marie Newman, New Jersey Democrat Rep. Josh Gottheimer, and Alabama Republican Rep. Mo Brooks, a U.S. Senate hopeful who in November introduced a bill to defund President Joe Biden’s federal jab mandates but sold off roughly $50,000 worth of Pfizer stock in August.
Who owns a majority of Pfizer stock?
The Vanguard Group, Inc.Top 10 Owners of Pfizer IncStockholderStakeShares ownedThe Vanguard Group, Inc.8.08%456,389,483SSgA Funds Management, Inc.5.08%286,854,205BlackRock Fund Advisors4.69%264,971,345Capital Research & Management Co....3.89%219,875,8356 more rows
How many senators own stock in pharmaceutical companies?
Santa Monica, CA -- 38 U.S. Senators with up to $13.4 million in pharmaceutical holdings increased the value of their stock portfolios last night when they approved an amendment to the defense appropriations bill that immunizes drug makers from accountability to the public when they sell dangerous drugs and other ...
Who is the biggest investor in Pfizer?
Who owns Pfizer?Fund or Company NameShares HeldValued AtCapital World Investors220M$11BGeode Capital Management105M$5.4BNorthern Trust67M$3.4BCharles Schwab Investment Management60M$3.1B94 more rows
Who are the stakeholders in Pfizer?
Our key stakeholders include, but are not limited to:Patients, caregivers and healthy individuals.Physicians and allied health professionals.Governments, policymakers and regulatory authorities.Public health organizations.Professional medical organizations.Patient advocacy groups.Colleagues.Academic institutions.More items...
Who funds the pharmaceutical industry?
The principal investors in drug development differ at each stage. While basic discovery research is funded primarily by government and by philanthropic organizations, late-stage development is funded mainly by pharmaceutical companies or venture capitalists.
Who owns Moderna shares?
The top shareholders of Moderna are Robert S. Langer, Stéphane Bancel, Noubar B. Afeyan, Baillie Gifford & Company, and Flagship Pioneering Inc. "Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock.
Does Johnson and Johnson own Pfizer?
Johnson & Johnson announced yesterday that it was buying the Pfizer division, paying $16.6 billion to beat out several other bidders. Analysts said the move would make Johnson & Johnson the world's largest consumer health care company.
Is Pfizer privately owned?
Pfizer files an official certificate of incorporation in the state of New Jersey, with authorized capital of $2 million divided into 20,000 shares of $100 each. Pfizer would remain a privately held company until June 22, 1942, when 240,000 shares of new common stock were offered to the public.
How much do Pfizer board members make?
Susan Hockfield, Ph. D. As a member of Board of Directors at PFIZER INC, Scott Gottlieb, M.D. made $365,000 in total compensation.
Who owns Mrna stock?
Top 10 Owners of Moderna IncStockholderStakeShares ownedThe Vanguard Group, Inc.6.44%25,612,184BlackRock Fund Advisors5.00%19,891,757SSgA Funds Management, Inc.3.73%14,847,130Coatue Management LLC1.74%6,928,1476 more rows
Who are the major stockholders?
Major Stockholders has the meaning set forth in the preamble. Major Stockholders means the Original Stockholders and any Permitted Transferee or Partner Transferee thereof to whom Shares are transferred in accordance with Section 2.2 of this Agreement, and the term "Major Stockholder" shall mean any such Person.
Does Goldman Sachs own Pfizer?
- 13F, 13D, 13G Filings - Fintel.io....Goldman Sachs Group Inc ownership in PFE / Pfizer Inc.SecurityPFE / Pfizer Inc.InstitutionGoldman Sachs Group IncLatest Disclosed Ownership19,832,711 sharesLatest Disclosed Value$ 1,026,739,000
Lawmakers invest in big pandemic-era stocks
The investors in vaccines included freshman Rep. Marie Newman, a Democrat of Illinois, whose husband, Jim Newman, has traded shares of both Johnson & Johnson and Moderna. The congresswoman's 2020 annual personal financial disclosure also listed the couple together holding shares in Moderna.
Investments in 3M, Quest, Regeneron
Democratic lawmakers also invested in COVID-19-sensitive companies, including through selling and buying stocks in vaccine manufacturers and other companies deeply involved with pandemic relief efforts.
Democrats' mixed messaging
Early in the pandemic, some lawmakers condemned people looking to make money off COVID-19-related treatments and defenses.
Pharmaceutical contributions and conflicts
Lawmakers' trading stocks of companies that have been profiting from their response to the pandemic has raised concerns about ethics and conflicts of interest.
Who was the top recipient of drug industry cash?
The top recipient of drug industry cash was Rep. Richard Hudson, a Republican from North Carolina.
How much did Amgen donate to the Capitol?
Overall, the sector donated $14 million. The breadth of the spending highlights the drug industry’s continued clout in Washington.
What is the drug industry doing in 2020?
In 2020, the federal government leaned heavily on drug makers to develop Covid-19 vaccines at lightning speed — helping to rehabilitate the industry’s reputation ...
How many seats does the Georgia Democratic Party control?
But after a pair of January runoff elections in Georgia, Democrats control the chamber: Their 50 seats, plus the tie-breaking vote of Vice President Kamala Harris, give the party a razor-thin majority.
Can corporations donate to candidates?
State campaign finance laws vary, and in some cases corporations can make direct contributions to lawmakers. In Washington, however, it is illegal for corporations to donate to candidates. As a workaround, companies form political action committees, or PACs.
Did the pharmaceutical industry spend money on winning candidates?
As was the case in state legislatures, the pharmaceutical industry was remarkably effective when it came to spending money on winning candidates. Very few candidates who accepted drug industry cash ended up losing reelection. Many donations targeted Republican senators at risk of losing their seats, like Tillis.
When will Pfizer be in 2020?
April 27, 2020 9:35 am. Pfizer is one of the most popular stocks in Congress, with 48 lawmakers placing their bet on the drugmaker that hikes its prices each year. (Drew Angerer/Getty Images) The story is part of a series about lawmakers’ personal financial disclosures. OpenSecrets recently updated its personal finances database to include data ...
How much stock does Joe Kennedy own?
His disclosure shows he’s profited from rising drug prices. Last year, he reported owning up to $2.1 million in stock in pharmaceutical and health products companies in a family trust.
How much does Kim Schrier own Apple?
Kim Schrier (D-Wash.) reported owning up to $6.3 million in Apple stock, far more than any other investment. Researcher Alex Baumgart contributed to this report. This story was edited on April 28, 2020 to clarify that Joe Kennedy does not control assets in his family trust.
Who is the former Microsoft employee?
Another former Microsoft employee, Rep. Josh Gottheimer (D-N.J.), held up to $5.2 million in Microsoft stock. Tech companies are among the most popular assets for lawmakers, with 42 members invested in Google, 37 in Amazon and 34 in Facebook as of the most recent filings.
Has the pharmaceutical lobby defeated the bill?
The pharmaceutical lobby has successfully defeated bill after bill that would limit the rising price of drugs. The industry coupled record lobbying spending with targeted campaign donations and direct appeals to President Donald Trump to ward off policy changes.
Does John F Kennedy have control over Pfizer?
Kennedy has said he has no control over the assets in his family trust. Pfizer is one of the most popular stocks in Congress, with 48 lawmakers placing their bet on the drugmaker that hikes its prices each year. Rep. Jim Sensenbrenner (R-Wis.), the second most senior congressman, reported holding between $1 million and $5 million in Pfizer stock.
Congress Insider Trading Used to Be...Legal?
The Stock Act
- In light of the public outcry on the '60 Minutes' piece, the STOCK Act was passed in 2012. The STOCK Act makes it illegal for members of Congress (and other federal employees, including the President) to trade securities based on material, nonpublic information. This includes the buying or selling of securities of individual companies. The STOCK Act requires detailed financial disclo…
Congress Historical Investment Holdings
- Historically, Congress has been allowed to participate in individual stock investments with no restrictions, and were not required to disclose their holdings. The STOCK Act put an end to this, and information about Congress' investments is publicly available. Unfortunately, due to an amendment to the STOCK Act, the information is not readily available on a government website, …
10 Most Popular Stocks Owned by Congress in 2021
- Here's what Congress is currently invested in: There are a few interesting items of note in this list: 1. Pfizer has climbed back into the top 10, at the #6 spot, with almost 50 Congress members holding the stock 2. General Electric has fallen down the list, despite being the #1 holding for almost a decade 3. Apple is overwhelmingly the favorite st...
Interesting Investment Moves by Congress Since 2008
- While the STOCK Act was designed to put a halt to insider trading, there are still instances of questionable investment moves by members of Congress. Here are a few of the most recent trades by members of Congress that have come under scrutiny: Spencer Bachus (R-AL). Bachus bought put optionsthe day after a private meeting with the Fed chairman, Ben Bernanke, in Septe…
Final Thoughts
- Congress members are free to buy and sell stocks, and as you can see, they have bet heavily in the tech and healthcare sectors. With Apple as the top holding for Congress members in 2018, those bets have paid off handsomely in 2021, with Apple stock almost triple its former valuation. It also may be a bit shocking to the American public how much wealth is held by members of Co…