Which super PACs did Daniel Loeb fund in 2026?

United Democracy Project ($750K), Senate Leadership Fund ($200K), Fight to Win America, Inc. ($25K), Pine Tree Results PAC ($25K), DCCC ($449).

Which candidates did Daniel Loeb's money end up backing or attacking in 2026?

against Abdul El-Sayed (Michigan Senate, about $168K, lost); for Haley Stevens (Michigan Senate, about $73K, unknown); against Sherrod Brown (Ohio Senate (special), about $48K, lost). Amounts are the donor's share of each group's spending.

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Donor

Daniel Loeb

Individual

CEO/CIO, Third Point LLC · New York

8 gifts to 5 groups, as reported to the FEC by the groups that received them.

Loser

Daniel Loeb gave $1.0M to super PACs and other outside groups in the 2026 federal elections, and 66% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 23% ended up on the winning side ($101K won, $340K lost, with $27K in races still being counted).

Gave to outside spenders

$1.0M

66% of it helped Republicans

Ended up on the winning side

23%

$101K of the dollars in races already called

Spent on the losing side

$340K

$27K still being counted

Not spent yet

$533K

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
United Democracy Project $375K not spent yet	$750K	$90K / $145K
Senate Leadership Fund $19K not spent yet	$200K	$7K / $165K
Fight to Win America, Inc. $4K not spent yet	$25K	$24 / $14K
Pine Tree Results PAC	$25K	$3K / $16K
DCCC No outside spending reported yet	$449	$0 / $0

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.

Candidate	Race	Spending	Their share	Paid off?
Abdul El-Sayed	Michigan Senate	Attacking	$168K	✗ No
Haley Stevens	Michigan Senate (primary)	Supporting	$73K	Unknown
Sherrod Brown	Ohio Senate (special)	Attacking	$48K	✗ No
Adrian Boafo	Maryland 5th District (primary)	Supporting	$40K	✓ Yes
Troy Jackson	Maine Senate	Attacking	$36K	✗ No
Melissa Conyears-Ervin	Illinois 7th District (primary)	Supporting	$34K	Unknown
Josh Turek	Iowa Senate	Attacking	$25K	✗ No
Thomas Massie	Kentucky 4th District (primary)	Attacking	$25K	✓ Yes
Cori Bush	Missouri 1st District (primary)	Attacking	$17K	✓ Yes
Tom Malinowski	New Jersey 11th District	Attacking	$16K	Unknown
Roy Cooper	North Carolina Senate	Attacking	$16K	✗ No
Steve Toth	Texas 2nd District (primary)	Attacking	$14K	✗ No

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

Questions people ask

How much did Daniel Loeb spend on the 2026 elections, and did it win?: Daniel Loeb gave $1.0M to super PACs and other outside groups in the 2026 federal elections, and 66% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 23% ended up on the winning side ($101K won, $340K lost, with $27K in races still being counted).
Which super PACs did Daniel Loeb fund in 2026?: United Democracy Project ($750K), Senate Leadership Fund ($200K), Fight to Win America, Inc. ($25K), Pine Tree Results PAC ($25K), DCCC ($449).
Which candidates did Daniel Loeb's money end up backing or attacking in 2026?: against Abdul El-Sayed (Michigan Senate, about $168K, lost); for Haley Stevens (Michigan Senate, about $73K, unknown); against Sherrod Brown (Ohio Senate (special), about $48K, lost). Amounts are the donor's share of each group's spending.