President Donald Trump unveiled just over 1,000 financial transitions in June in what appears to be a major portfolio reshuffle.
The president moved in and out of stocks, bonds and exchange-traded funds throughout the month. Trump’s most recent filing, dated Aug. 22, puts the total value of the transactions between $78.1 million and $263.1 million, indicating the range of each sale and purchase, not exact numbers. His securities purchases exceeded $49 million, and his sales amounted to at least $28.5 million.
The filings provide insight into investment moves made on Trump’s behalf, but do not provide a clear picture of his total portfolio holdings. The purchase and sale amounts were not specified, and there was no indication of how much Mr. Trump owned in any particular security.
Of the 1,051 deals, the largest were between $5 million and $25 million. Vanguard Dividend Appreciation Index Fund ETF On the same day, he purchased both shares for between $1 million and $5 million. Fidelity National Information Service and home depot. This was the largest of several stock purchases made in June, but he also recorded a sale of Fidelity.
Trump sold between $1 million and $5 million worth of stock in both companies. meta and motorola On June 18th, each company bought up the same range of stocks. Berkshire Hathaway, Cintas, visa and master card That same day. The moves came a day after markets sold off on concerns over the direction of monetary policy. On June 17, Federal Reserve Chairman Kevin Warsh’s first meeting concluded. Stock prices rebounded on June 18th.
Other purchases for June include a number of ETFs including: iShares U.S. Treasury ETF, State Street Technology Select Sector SPDR ETF and iShares GSCI Commodities Dynamic Role Strategy ETF. President Trump also purchased some municipal bonds.
The president’s sales include Vanguard Short Term Bond Index Fund ETF, State Street Consumer Optional Sector SPDR ETF and Vanguard FTSE Europe ETF.
Transfers for these ETFs ranged from just over $1 million to $5 million. There were a total of 25 purchases and sales of stocks, bonds, and ETFs within this range. The remaining deals fell into various buckets of $1 million or less. The filing only asks Mr. Trump to disclose securities transactions of more than $1,000.
The president has also been in and out of defense contractors. Palantir TechnologiesPurchased on June 3rd for between $1,001 and $15,000. On June 16th, he sold between $15,001 and $50,000 worth, and on June 18th, he sold another $500,001 to $1 million worth. The United States and Iran agreed to a peace deal on June 14th. I bought a small amount again on June 23rd.
two other defense companies; RTX and Northrop Grumman He was also named in the presidential disclosure. President Trump bought between $100,01 and $250,000 worth of RTX stock on June 12, and sold Northrop Grumman stock on the same day for between $1,001 and $15,000. It then acquired Northrop on June 23rd and sold it again on June 24th.
he also bought and sold coinbase Throughout this month as Bitcoin shares have declined. Between June 12 and June 23, he sold between $116,003 and $315,000 worth of stock, and on June 24 he bought between $50,01 and $100,000 worth of stock.
The White House did not respond to requests for comment. In May, press secretary Davis Engle told CNBC after the revelation of Trump’s first-quarter transactions that the president’s assets were held in trusts controlled by his children.
“There is no conflict of interest,” spokesperson Davis Engle said in a statement at the time. “President Trump acts only in the best interests of the American people. That’s why he was overwhelmingly re-elected as President, despite years of lies and false accusations against him and his business by the fake news media.”
—CNBC’s Kevin Breuninger and Dan Mangan contributed reporting.
