Which super PACs did Warren Stephens fund in 2026?

Senate Leadership Fund ($2.0M), Congressional Leadership Fund ($1.3M), Maga Inc. ($1.0M), America One ($75K), NRSC ($44K).

Which candidates did Warren Stephens's money end up backing or attacking in 2026?

against Sherrod Brown (Ohio Senate (special), about $482K, lost); against Josh Turek (Iowa Senate, about $252K, lost); against Abdul El-Sayed (Michigan Senate, about $239K, lost). Amounts are the donor's share of each group's spending.

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Donor

Warren Stephens

Individual

Chairman President & CEO, Stephens Inc. · Arkansas

8 gifts to 6 groups, as reported to the FEC by the groups that received them.

Loser

Warren Stephens gave $4.4M to super PACs and other outside groups in the 2026 federal elections, and 100% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 5% ended up on the winning side ($136K won, $2.7M lost, with $266K in races still being counted).

Gave to outside spenders

$4.4M

100% of it helped Republicans

Ended up on the winning side

$136K of the dollars in races already called

Spent on the losing side

$2.7M

$266K still being counted

Not spent yet

$1.3M

Sitting with groups that have not spent

Where the cheques went

A person writing cheques 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 cheque 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 Race not called yet Result not matched

Group	Gave	Won / lost
Senate Leadership Fund $188K not spent yet	$2.0M	$69K / $1.6M
Congressional Leadership Fund $163K not spent yet	$1.3M	$3K / $952K
Maga Inc. $894K not spent yet	$1.0M	$223 / $99K
America One	$75K	$63K / $12K
NRSC No outside spending reported yet	$44K	$0 / $0
Committee for American Leadership	$35K	$0 / $0

The trail

What the money bought

The candidates Warren Stephens's money was spent for or against, pro-rated by Warren Stephens's share of each group's funding.

Candidate	Race	Spending	Their share	Paid off?
Sherrod Brown	Ohio Senate (special)	Attacking	$482K	✗ No
Josh Turek	Iowa Senate	Attacking	$252K	✗ No
Abdul El-Sayed	Michigan Senate	Attacking	$239K	✗ No
Troy Jackson	Maine Senate	Attacking	$196K	✗ No
Roy Cooper	North Carolina Senate	Attacking	$156K	✗ No
Mary Peltola	Alaska Senate	Attacking	$91K	Counting
Adam Hamilton	Kansas Senate	Attacking	$84K	✗ No
Christina Hines	Michigan 10th District	Attacking	$72K	✗ No
James Talarico	Texas Senate	Attacking	$72K	✗ No
Annie Andrews	South Carolina Senate	Attacking	$66K	✗ No
Chris Pappas	New Hampshire Senate	Attacking	$65K	✗ No
Don Davis	North Carolina 1st District	Attacking	$63K	✗ No

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

Questions people ask

How much did Warren Stephens spend on the 2026 elections, and did it win?: Warren Stephens gave $4.4M to super PACs and other outside groups in the 2026 federal elections, and 100% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 5% ended up on the winning side ($136K won, $2.7M lost, with $266K in races still being counted).
Which super PACs did Warren Stephens fund in 2026?: Senate Leadership Fund ($2.0M), Congressional Leadership Fund ($1.3M), Maga Inc. ($1.0M), America One ($75K), NRSC ($44K).
Which candidates did Warren Stephens's money end up backing or attacking in 2026?: against Sherrod Brown (Ohio Senate (special), about $482K, lost); against Josh Turek (Iowa Senate, about $252K, lost); against Abdul El-Sayed (Michigan Senate, about $239K, lost). Amounts are the donor's share of each group's spending.