Trump Portfolio Reshuffle in Jun: Sell Meta/ Other Holdings While Buying Berkshire Hathaway
US President Donald Trump disclosed that he carried out more than 1,000 financial asset switches in June, indicating a large-scale reshuffle of his investment portfolio.
He adjusted holdings across stocks, bonds and exchange-traded funds (ETFs) throughout June, according to the latest filing submitted by Trump on August 22. As the filing only listed value ranges for each transaction instead of exact figures, the total transaction value ranged from USD78.1 million to USD263.1 million. Securities purchases exceeded USD49 million, while sales amounted to at least USD28.5 million.
The filing reflects investment operations conducted on behalf of Trump, but does not fully reveal the overall portfolio holdings. The disclosure did not specify actual trading amounts, nor did it reveal the scale of his holdings in any particular securities.
Among the 1,051 transactions, the largest was the sale of Vanguard Dividend Appreciation Index Fund ETF shares on June 22, with a transaction value ranging from USD5 million to USD25 million. On the same day, he also bought Fidelity National Information Services, Inc. (FIS.US) and Home Depot Inc. (HD.US), with each transaction ranging from USD1 million to USD5 million. Both represented the largest purchases of those shares during June, although he also sold part of his Fidelity holdings.
Trump sold shares of Meta Platforms, Inc. (META.US) and Motorola Solutions, Inc. (MSI.US) on June 18, with each transaction valued between USD1 million and USD5 million. On the same day, he bought Berkshire Hathaway (BRK.B.US), Cintas Corporation (CTAS.US), Visa Inc. (V.US) and Mastercard Incorporated (MA.US), with each transaction also ranging from USD1 million to USD5 million. These trades took place one day after the market declined amid concerns over the outlook for monetary policy. June 17 marked the conclusion of Federal Reserve Chair Kevin Warsh's first meeting, and stocks rebounded on June 18.
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AASTOCKS Financial News
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