Donor
Bruce Kovner
IndividualChairman, Caxton Alternative Management LP · New Jersey
2 gifts to 1 group, as reported to the FEC by the groups that received them.
Bruce Kovner gave $750K to super PACs and other outside groups in the 2022 federal elections, and 98% of it helped Republicans (FEC filings through Dec 31, 2022). Counting dollars, not candidates, and only races already called, 42% ended up on the winning side ($269K won, $374K lost).
Gave to outside spenders
$750K
98% of it helped Republicans
Ended up on the winning side
42%
$269K of the dollars in races already called
Spent on the losing side
$374K
Not spent yet
$107K
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 Result not matched
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Senate Leadership Fund $107K not spent yet | $750K | $269K / $374K |
The trail
What the money bought
The candidates Bruce Kovner's money was spent for or against, pro-rated by Bruce Kovner's share of each group's funding.
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| John K. Fetterman | Pennsylvania Senate | Attacking | $124K | ✗ No |
| Raphael Warnock | Georgia Senate | Attacking | $118K | ✗ No |
| Cheri Beasley | North Carolina Senate | Attacking | $100K | ✓ Yes |
| Tim Ryan | Ohio Senate | Attacking | $85K | ✓ Yes |
| Mandela Barnes | Wisconsin Senate | Attacking | $68K | ✓ Yes |
| Catherine Cortez Masto | Nevada Senate | Attacking | $67K | ✗ No |
| Donald C. Bolduc | New Hampshire Senate | Supporting | $24K | ✗ No |
| Herschel Junior Walker | Georgia Senate | Supporting | $23K | ✗ No |
| Maggie Hassan | New Hampshire Senate | Attacking | $18K | ✗ No |
| Kelly C. Tshibaka | Alaska Senate | Attacking | $16K | ✓ Yes |
| Kathy Salvi | Illinois Senate | Supporting | $66 | ✗ No |
| David Perdue | Georgia Senate | Supporting | $11 | Unknown |
Individual as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Bruce Kovner spend on the 2022 elections, and did it win?
- Bruce Kovner gave $750K to super PACs and other outside groups in the 2022 federal elections, and 98% of it helped Republicans (FEC filings through Dec 31, 2022). Counting dollars, not candidates, and only races already called, 42% ended up on the winning side ($269K won, $374K lost).
- Which super PACs did Bruce Kovner fund in 2022?
- Senate Leadership Fund ($750K).
- Which candidates did Bruce Kovner's money end up backing or attacking in 2022?
- against John K. Fetterman (Pennsylvania Senate, about $124K, lost); against Raphael Warnock (Georgia Senate, about $118K, lost); against Cheri Beasley (North Carolina Senate, about $100K, won). Amounts are the donor's share of each group's spending.