Austin Private Wealth LLC, a financial services company, reportedly shorted 15 million shares of Donald Trump’s stock, DJT, via a put option on July 12, 2024.
It is ironic that BlackRock and Vangaurd (of George Soros) are two biggest shareholders in Austin Private Wealth. One might recollect that the sniper Thomas Matthew Crooks has appeared in one of the BlackRock’s television commercial.
What is a Put Option?
A Put Option is an investment made by someone who expects a company’s Stock Price to fall. People who engage in Inside Trading buy Put Options can make 5X or, sometimes even 100X profits (depends on how quickly the stock plummets).
If Trump did die in the assassination attempt, his company would have become worthless. It’s stock would have become Zero in a day. The people who bought Put Options would have made billions in profits.
Note: The purchase of put options by Austin Wealth could have been a mere coincidence or a filing error. So readers should be wise before making conclusions.
Austin Private Wealth and Trump Stock
Company Name | Austin Private Wealth LLC |
Industry | Financial services |
Action Taken | Shorted 12 million shares of Donald Trump’s stock, DJT, via a put option |
Date of Action | July 12, 2024 |
Potential Impact | Significant loss for the company |
Portfolio Impact | Nearly a quarter of their entire portfolio |
Portfolio Value | About $1 billion in assets under management |
In case of events like Trump’s death, The value of Trump Media & Technology Group (DJT) shares would have plummeted, and the put options held by companies such as the Austin Private Wealth would have been worth Billions.
According to reports, Austin Private Wealth LLC has also bought 36 million Puts of ‘Rumble’ on 12th July. It is common knowledge that Rumble’s stock would have Plummeted too, if something has happened to Trump.
Investors in Austin Private Wealth
Austin Private Wealth LLC’s largest investors primarily include a mix of institutional funds and individual high-net-worth clients. Some of their top holdings, as reported in their latest 13F filing, include The Rothschild Family, BlackRock, Vanguard, Meta, George Bush and the Cheney Family.
Conclusion
Trump’s death would have crashed the Nasdaq and Dow Jones for a week. According to our estimates, anyone who had this knowledge beforehand would have made an estimated $696 billion to $1 Trillion in profits.