Archive · 23 Aug 2026
Trump Disclosure Shows More Than 1,000 June Trades
President Donald Trump reported buying and selling more than 1,000 investments during June.
These investments included company shares, bonds and exchange-traded funds.
The filing estimated the total value of the June trades at between $78.1 million and $263.1 million.
It did not give the exact value of each trade.
The biggest listed trade was a sale of part of a Vanguard fund.
Trump bought and sold shares of companies such as Berkshire Hathaway, Meta and Palantir.
Some trades happened around changes in markets and developments involving the United States and Iran.
He also traded defence companies and Coinbase.
The filing said he made more than 21,000 securities trades during 2025.
The White House said independent managers and computer-based portfolios, rather than Trump or his family, made the investment decisions.
Donald Trump reported more than 1,000 securities transactions in June, valued between $78.1 million and $263.1 million.
The filing listed major trades involving Berkshire Hathaway, Visa, Mastercard, Cintas, Meta, Palantir, Coinbase and Home Depot.
The largest reported transaction was a June 22 sale of $5 million to $25 million in Vanguard’s Dividend Appreciation Index Fund ETF.
Trump traded Palantir, Berkshire Hathaway, defence companies and Coinbase around market and geopolitical developments.
The filing reported more than 21,000 securities trades during 2025; the White House said independent managers controlled the investments.
- Who
- President Donald Trump; the United States Office of Government Ethics; and White House spokesman Davis Ingle.
- What
- A financial disclosure reported more than 1,000 June transactions involving stocks, bonds and exchange-traded funds.
- When
- The transactions occurred in June, and the filing was published Saturday, August 22; it also reported more than 21,000 trades during 2025.
- Where
- The disclosure was published by the United States Office of Government Ethics.
- Why
- Federal rules require officials to report transactions worth more than $1,000; the White House said Trump’s investments are independently managed.
Conflict Concerns
White House Defense
Active trading by a sitting president
Conflict Concerns
The disclosure shows extensive trading, including activity around market-moving political and geopolitical developments. Critics could view the pattern as raising questions about potential conflicts of interest.
White House Defense
The White House said there are no conflicts because Trump’s investments are independently managed and held in discretionary accounts.
Control over investment decisions
Conflict Concerns
Repeated buying and selling of securities such as Palantir, Berkshire Hathaway and Northrop Grumman can prompt questions about how the portfolio is managed.
White House Defense
Davis Ingle said neither Trump nor any family member can direct, influence or provide input on investments or trade timing. Eric Trump has said the assets are held in a blind trust.
- June transactions
- More than 1,000 securities trades
- Estimated June value
- Between $78.1 million and $263.1 million
- Largest June transaction
- A June 22 sale of $5 million to $25 million in Vanguard’s Dividend Appreciation Index Fund ETF
- Large-range trades
- Twenty-five June trades were reported in the $1 million-to-$5 million range
- Reported purchases and sales
- Purchases totaled more than $49 million, while sales totaled at least $28.5 million
- 2025 activity
- More than 21,000 securities trades valued between $600 million and $1.86 billion
- White House explanation
- The holdings were in discretionary accounts using computer-based model portfolios, with independent managers making investment decisions
