Trump rotated out of Meta and Motorola and into Berkshire Hathaway and Visa in June, a disclosure shows. The moves followed a Fed meeting and market sell-off.
President Donald Trump’s latest financial disclosure shows he reshuffled his portfolio in June, selling shares of Meta and Motorola and buying shares of Berkshire Hathaway and Visa, among other moves.
The filing, dated Aug. 22, lists just over 1,000 transactions that fall into a dollar range rather than exact amounts. Total proceeds from sales were at least $28.5 million, while purchases topped $49 million. The combined value of all trades falls between $78.1 million and $263.1 million, according to the report.
Trump’s biggest single sale was the Vanguard Dividend Appreciation Index Fund ETF, worth $5 million to $25 million, on June 22. On the 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 in those names across the month, though he also recorded some sales of Fidelity.
June 18 saw a concentrated rotation. Trump sold between $1 million and $5 million of Meta and the same amount of Motorola. That same day he bought a similar range of Berkshire Hathaway and Visa, along with Cintas and Mastercard. The moves came one day after the broader market sold off on worries about the path of monetary policy. June 17 was the conclusion of Federal Reserve Chairman Kevin Warsh’s first meeting. Equities rebounded on June 18.
Other June purchases 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. Trump also bought several municipal bonds. His 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.
Those ETF trades each ranged from $1 million to $5 million. In total, 25 stock, bond and ETF transactions fell into that bracket. The rest of the trades were smaller, broken into bands below $1 million. The filing only requires disclosure for transactions above $1,000.
Trump also bought and sold shares of defense contractor Palantir Technologies. He bought between $1,001 and $15,000 on June 3, then sold between $15,001 and $50,000 on June 16. A second sale, worth $500,001 to $1 million, came on June 18. He bought a small amount again on June 23. The U.S. and Iran agreed to a peace deal on June 14.
Two other defense companies appeared in the disclosure. Trump bought between $100,001 and $250,000 of RTX on June 12, and sold between $1,001 and $15,000 of Northrop Grumman the same day. He bought Northrop again on June 23 and sold it on June 24.
He also traded Coinbase throughout June as Bitcoin’s price slid. He sold between $116,003 and $315,000 of Coinbase shares between June 12 and June 23, then bought between $50,001 and $100,000 on June 24.
The White House did not respond to a request for comment. In May, after Trump’s first-quarter disclosure, spokesman Davis Ingle told CNBC that the president’s assets are held in a trust managed by his children. “There are no conflicts of interest,” Ingle said at the time. “President Trump only acts in the best interests of the American public – which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media.”
The filing does not reveal Trump’s total portfolio holdings, only transactions that crossed the $1,000 threshold. Berkshire Hathaway, which carries an AlphaScala Alpha Score of 57 out of 100, was one of the stocks he added in June. Palantir, with an Alpha Score of 55, was both bought and sold.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.