Pacronym spent $13M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 78% ended up on the winning side ($11M won, $3.0M lost).
Outside spending
$13M
On the winning side
78%
$11M
On the losing side
$3.0M
Supporting vs attacking
31% / 69%
$4.1M for, $9.3M against
Google says Pacronym also spent $82K on Google and YouTube ads this cycle (1% of its FEC-reported outside spending). All ad buyers →
Follow the money
Who filled the envelope
Pacronym reported $15M in gifts from people, companies, nonprofits and other PACs. The biggest are below.
- Sixteen Thirty FundDark money$3.0M (19%)
- Kenneth DudaIndividual$2.0M (13%)
- Seth KlarmanIndividual$1.5M (10%)
- Michael MoritzIndividual$1.5M (10%)
- Geoffrey GundIndividual$1.3M (8%)
- Donald SussmanIndividual$1.0M (6%)
- Mimi HaasIndividual$800K (5%)
- Kathryn MurdochIndividual$500K (3%)
- Kate CapshawIndividual$500K (3%)
- Graham GundIndividual$500K (3%)
Where the money went
Biggest targets, with whether each one paid off.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
| Candidate | Race | Spending | Amount | Paid off? |
|---|---|---|---|---|
| Donald Trump | President | Attacking | $6.4M | ✓ Yes |
| Joe Biden | President | Supporting | $4.1M | ✓ Yes |
| Donald Trump | President (primary) | Attacking | $3.0M | ✗ No |
| Gary Peters | Michigan Senate | Supporting | $6K | ✓ Yes |
| Elissa Slotkin | Michigan 8th District | Supporting | $6K | ✓ Yes |
| Eugenio DePasquale | Pennsylvania 10th District | Supporting | $5K | ✗ No |
| Jon Hoadley | Michigan 6th District | Supporting | $4K | ✗ No |
| Mark Kelly | Arizona Senate | Supporting | $4K | ✓ Yes |
| Jon Ossoff | Georgia Senate | Supporting | $3K | ✓ Yes |
| Raphael Warnock | Georgia Senate (special) | Supporting | $3K | ✓ Yes |
| Ron Kind | Wisconsin 3rd District | Supporting | $2K | ✓ Yes |
| Hillary Scholten | Michigan 3rd District | Supporting | $2K | ✗ No |
Questions people ask
- How much did Pacronym spend in 2020, and did it win?
- Pacronym spent $13M on independent expenditures in the 2020 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2020). Counting dollars, not candidates, and only races already called, 78% ended up on the winning side ($11M won, $3.0M lost).
- Who funds Pacronym?
- Its biggest reported donors in the 2020 cycle were Sixteen Thirty Fund ($3.0M), Kenneth Duda ($2.0M), Seth Klarman ($1.5M), Michael Moritz ($1.5M), Geoffrey Gund ($1.3M), out of $15M received from donors tracked here.
- Which candidates did Pacronym spend the most on in 2020?
- against Donald Trump (President, $6.4M, won); for Joe Biden (President, $4.1M, won); against Donald Trump (President, $3.0M, lost).