President Donald Trump disclosed just over 1,000 financial transactions for the month of June in what appears to be a broad reshuffling of his investment portfolio, according to a filing made on Aug. 22.
The transactions spanned stocks, bonds, and exchange-traded funds, with a total value ranging between $78.1 million and $263.1 million. Securities purchases topped $49 million, while sales totaled at least $28.5 million. The filing reports a range for each transaction rather than an exact dollar figure, and it does not indicate how much of any given security Trump holds in total.
Of the 1,051 disclosed transactions, the single largest was the sale of $5 million to $25 million worth of Vanguard Dividend Appreciation Index Fund ETF shares on June 22. That same day, Trump purchased between $1 million and $5 million each of Fidelity National Information Services and Home Depot — the largest of several purchases of those stocks recorded throughout the month, though some Fidelity shares were also sold during the period.
On June 18, Trump sold between $1 million and $5 million worth of shares in both Meta Platforms and Motorola, while buying the same range in Berkshire Hathaway, Cintas, Visa, and Mastercard. Those moves came one day after markets sold off amid concerns over monetary policy — June 17 marked the conclusion of Federal Reserve Chairman Kevin Warsh's first meeting — and stocks recovered on June 18.
Other purchases during the month included the iShares U.S. Treasury Bond ETF, the State Street Technology Select Sector SPDR ETF, and the iShares GSCI Commodity Dynamic Roll Strategy ETF, as well as several municipal bonds. Sales included the Vanguard Short-Term Bond Index Fund ETF, the State Street Consumer Discretionary Select Sector SPDR ETF, and the Vanguard FTSE Europe ETF, with those ETF transactions ranging from just over $1 million to $5 million.
Trump also moved in and out of defense contractor Palantir Technologies across multiple days in June. He bought between $1,001 and $15,000 on June 3, sold between $15,001 and $50,000 on June 16, sold an additional $500,001 to $1 million worth on June 18 — one of several transactions that coincided with the U.S.-Iran peace agreement reached on June 14 — and then bought a small amount again on June 23.
Two other defense companies appeared in the filing. Trump bought between $100,001 and $250,000 worth of RTX shares on June 12, and sold between $1,001 and $15,000 of Northrop Grumman the same day. He then bought Northrop Grumman on June 23 and sold it again on June 24.
The president also bought and sold Coinbase shares throughout the month, offloading between $116,003 and $315,000 worth of shares between June 12 and June 23 before buying between $50,001 and $100,000 on June 24, amid a decline in Bitcoin.
The White House did not respond to a request for comment on the filing. In May, spokesman Davis Ingle said, in response to Trump's first-quarter disclosure, that "the president's assets are held in a trust managed by his children." Ingle added: "There are no conflicts of interest. President Trump only acts in the best interests of the American public."
Federal disclosure rules require the president to report securities transactions exceeding $1,000. The filing provides a window into trading activity but stops short of a full accounting of the president's total holdings, leaving the precise composition of his portfolio unclear.
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