Trump's June Portfolio: Swaps Meta for Berkshire Hathaway, Diversifies Holdings

President Donald Trump executed a substantial overhaul of his investment portfolio in June, engaging in over a thousand transactions involving stocks, bonds, and exchange-traded funds. The total value of these reported dealings ranged from $78.1 million to $263.1 million, as detailed in his latest disclosure filed on August 22. While the exact figures for individual transactions remain within a specified range, his purchases of securities exceeded $49 million, with sales amounting to at least $28.5 million.

It's important to note that this disclosure provides a snapshot of Trump's investment activities but does not represent a comprehensive view of his total holdings, as specific ownership percentages are not indicated.

Among the notable transactions was the sale of shares in the Vanguard Dividend Appreciation Index Fund ETF, valued between $5 million and $25 million, on June 22. On the same day, he invested between $1 million and $5 million each in Fidelity National Information Services and Home Depot, adding to previous purchases of these stocks throughout June. He also recorded some sales of Fidelity shares.

On June 18, Trump sold shares of Meta and Motorola, each valued between $1 million and $5 million. Concurrently, he acquired similar stakes in Berkshire Hathaway, Cintas, Visa, and Mastercard. These moves occurred shortly after a market downturn attributed to concerns about monetary policy, with stocks experiencing a rebound on June 18.

Further diversification in June included purchases of several ETFs, such as the iShares U.S. Treasury Bond ETF, State Street Technology Select Sector SPDR ETF, and the iShares GSCI Commodity Dynamic Roll Strategy ETF. He also acquired various municipal bonds.

His sales portfolio also featured the Vanguard Short-Term Bond Index Fund ETF, State Street Consumer Discretionary Select Sector SPDR ETF, and the Vanguard FTSE Europe ETF. These ETF transactions collectively ranged from $1 million to $5 million. In total, 25 such transactions fell within this range, with the remainder valued at $1 million or less. The disclosure requirements mandate reporting securities transactions exceeding $1,000.

Trump also traded shares of Palantir Technologies, a defense contractor. He made a purchase between June 3rd ($1,001 - $15,000), sold shares on June 16th ($15,001 - $50,000), and again on June 18th ($500,001 - $1 million). These activities coincided with a peace agreement between the U.S. and Iran on June 14th. He made another small purchase on June 23rd.

Other defense companies, RTX and Northrop Grumman, were also mentioned in the disclosure. Trump purchased RTX shares ($100,001 - $250,000) on June 12th, and sold Northrop Grumman shares ($1,001 - $15,000) on the same day. He subsequently bought Northrop Grumman on June 23rd and sold it again on June 24th.

Throughout June, Trump also bought and sold Coinbase shares amid a decline in Bitcoin's value. He offloaded shares worth between $116,003 and $315,000 from June 12th to June 23rd, and then purchased shares valued between $50,001 and $100,000 on June 24th.

A White House spokesperson previously stated that the President's assets are managed by his children through a trust, asserting no conflicts of interest and that Trump acts in the best interest of the American public.