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Donor

Daniel Loeb

Individual

CEO/CIO, Third Point LLC · New York

10 reported gifts; 8 recipient groups listed, as reported to the FEC by the groups that received them.

Mixed results

Daniel Loeb gave $1.4M to super PACs and other outside groups in the 2022 federal elections, and 93% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 37% were on the winning side ($389K won, $654K lost). $162K had no matched result and is excluded.

Gave to outside spenders

$1.4M

93% of it helped Republicans

Winning share of scored dollars

37%

$1.0M scored (73% of gifts)

Spent on the losing side

$654K

Not allocated or result unknown

$383K

$221K not allocated to tracked outside spending; $162K has no matched result. Neither is cash on hand.

Where the checks went

A person writing checks from their own fortune. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M check to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
GroupGaveHow the group spent itWon / lost
Congressional Leadership Fund

$65K not allocated to tracked outside spending

$500K
$162K / $263K
Senate Leadership Fund

$75K not allocated to tracked outside spending

$450K
$157K / $218K
American Leadership Action

$22K not allocated to tracked outside spending

$200K
$2K / $134K
Dmfi PAC

$28K not allocated to tracked outside spending

$125K
$41K / $11K
USA Freedom Fund

$6K not allocated to tracked outside spending

$100K
$10K / $25K
American Patriots PAC

$24K not allocated to tracked outside spending

$50K
$17K / $3K
DSCC

$210 not allocated to tracked outside spending

$250
$37 / $3
DCCC

$187 not allocated to tracked outside spending

$250
$48 / $15

The trail

What the money bought

The candidates Daniel Loeb's money was spent for or against, pro-rated by Daniel Loeb's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
John K. FettermanPennsylvania SenateAttacking$204K✗ No
Raphael WarnockGeorgia SenateAttacking$69K✗ No
Cheri BeasleyNorth Carolina SenateAttacking$58K✓ Yes
Tim RyanOhio SenateAttacking$50K✓ Yes
Mandela BarnesWisconsin SenateAttacking$40K✓ Yes
Catherine Cortez MastoNevada SenateAttacking$39K✗ No
Michael GibbonsOhio Senate (primary)Attacking$38KUnknown
Dave MccormickPennsylvania Senate (primary)Attacking$36KUnknown
Susie LeeNevada 3rd DistrictAttacking$21K✗ No
JD VanceOhio Senate (primary)Attacking$19K✗ No
Dina TitusNevada 1st DistrictAttacking$17K✗ No
Nina TurnerOhio 11th DistrictAttacking$16KUnknown

Individual as classified from the FEC entity type and public reporting.

Questions people ask

How much did Daniel Loeb spend on the 2022 elections, and did it win?
Daniel Loeb gave $1.4M to super PACs and other outside groups in the 2022 federal elections, and 93% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2022). Among dollars with a matched election-stage result, 37% were on the winning side ($389K won, $654K lost). $162K had no matched result and is excluded.
Which super PACs did Daniel Loeb fund in 2022?
Congressional Leadership Fund ($500K), Senate Leadership Fund ($450K), American Leadership Action ($200K), Dmfi PAC ($125K), USA Freedom Fund ($100K).
Which candidates did Daniel Loeb's money end up backing or attacking in 2022?
against John K. Fetterman (Pennsylvania Senate, about $204K, lost); against Raphael Warnock (Georgia Senate, about $69K, lost); against Cheri Beasley (North Carolina Senate, about $58K, won). Amounts are the donor's share of each group's spending.