Finance News

Trump reshuffled his portfolio in June, selling names like Meta and buying


President Donald Trump disclosed just over 1,000 financial transitions for the month of June in what appears to be broad reshuffling of his portfolio.

The president rotated in and out of stocks, bonds and exchange-traded funds throughout the month. The transactions totaled between $78.1 million and $263.1 million, according to Trump’s latest filing on Aug. 22, which shows a range for each sale or purchase rather than an exact figure. His securities purchases topped $49 million, while his sales totaled at least $28.5 million.

While the filing gives a window into the investment moves made on behalf of Trump, it is not a clear picture of his total portfolio holdings. The amount bought or sold isn’t specific, and there is no indication of how much Trump owns of any particular security.

Of the 1,051 transactions, the largest was the $5 million to $25 million sale of Vanguard Dividend Appreciation Index Fund ETF shares on June 22. That same day he bought between $1 million and $5 million of both Fidelity National Information Services and Home Depot. Those were the largest of several purchases of the stocks in June, although he also logged some sales of Fidelity as well.

Trump sold between $1 million and $5 million worth of shares of both Meta and Motorola on June 18, but snapped up the same range of shares in each of Berkshire Hathaway, Cintas, Visa and Mastercard that same day. Those moves came a day after the market sold off on concerns over the path of monetary policy. June 17 was the conclusion of Federal Reserve Chairman Kevin Warsh‘s first meeting. Stocks bounced back on June 18..

Other purchases in June include a number of ETFs, including the iShares U.S. Treasury Bond ETF, State Street Technology Select Sector SPDR ETF and the iShares GSCI Commodity Dynamic Roll Strategy ETF. Trump also purchased several municipal bonds.

The president’s sales included the Vanguard Short-Term Bond Index Fund ETF, State Street Consumer Discretionary Select Sector SPDR ETF and the Vanguard FTSE Europe ETF.

Those ETF transitions spanned just over $1 million to $5 million. In total, there were 25 sales and purchases of stocks, bonds and ETFs in that range. The remaining transactions were broken down into different buckets $1 million and under. The filings only require Trump to disclose securities transactions over $1,000.

The president also moved in and out of defense contractor Palantir Technologies, buying between $1,001 and $15,000 on June 3. He sold between $15,001 and $50,000 on June 16 and another $500,001 and $1 million worth on June 18. The U.S. and Iran agreed to a peace deal on June 14. He bought a small amount again on June 23.

Two other defense companies, RTX and Northrop Grumman were also named in the president’s disclosure. 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 on June 23 and sold it again on June 24.

He also bought and…



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