Key Highlights
- President Trump executed 1,051 financial trades during June, with combined values ranging from $78.1M to $263.1M
- Most significant transaction involved divesting a Vanguard dividend-focused ETF valued between $5M and $25M
- Portfolio additions on June 18 included Berkshire Hathaway, Visa, and Mastercard, while Meta and Motorola were sold
- Multiple Palantir transactions occurred throughout the month, with significant sales coinciding with the June 14 U.S.-Iran peace agreement
- White House maintains that all investment decisions are made independently through discretionary management
A federal ethics disclosure released August 22 by the U.S. Office of Government Ethics reveals that President Donald Trump executed just over 1,000 investment transactions throughout June.
The investment activity encompassed equities, fixed-income securities, and passive index funds. Transaction values fell within a range of $78.1 million to $263.1 million, as federal reporting requirements mandate ranges instead of precise amounts.
The comprehensive disclosure documented exactly 1,051 separate transactions. Presidential acquisitions exceeded $49 million, while liquidations totaled no less than $28.5 million.
Most Significant June Transactions
The month’s most substantial individual trade occurred June 22, when Trump divested holdings in the Vanguard Dividend Appreciation Index Fund ETF worth somewhere between $5 million and $25 million.
During that identical trading session, the president acquired positions in both Fidelity National Information Services and Home Depot, each valued between $1 million and $5 million.
June 18 witnessed Trump liquidating $1 million to $5 million positions in both Meta Platforms and Motorola. Simultaneously, he established comparable-sized positions in Berkshire Hathaway, Cintas, Visa, and Mastercard.
These portfolio adjustments occurred just 24 hours after equity markets declined amid uncertainty surrounding monetary policy direction following Federal Reserve Chairman Kevin Warsh’s inaugural policy meeting. Market sentiment improved the following day on June 18.
Additional ETF purchases throughout June included positions in the iShares U.S. Treasury Bond ETF and the State Street Technology Select Sector SPDR ETF. Meanwhile, he exited positions in the Vanguard Short-Term Bond Index Fund ETF and the Vanguard FTSE Europe ETF.
Defense Sector and Palantir Activity
Palantir Technologies appeared repeatedly in Trump’s June trading activity. An initial small purchase occurred June 3, followed by a sale valued between $500,001 and $1 million on June 18.
Following the June 14 peace agreement between the United States and Iran, Trump reestablished a Palantir position on June 23.
Defense industry holdings RTX and Northrop Grumman also saw activity. RTX shares were acquired June 12, while a modest Northrop Grumman position was sold that same session. Additional Northrop transactions occurred June 23 and 24.
Cryptocurrency exchange Coinbase experienced multiple trades during June. Between June 12 and June 23, Trump sold shares valued between $116,003 and $315,000, before repurchasing a position worth $50,001 to $100,000 on June 24.
Multiple municipal bond purchases were also executed during the reporting period.
According to White House communications, Trump’s financial holdings remain in a trust overseen by his children. Press spokesman Davis Ingle emphasized the absence of any conflicts of interest, noting that investment decisions are executed through discretionary management accounts and algorithm-driven portfolio systems.
To provide broader perspective, Trump’s 2025 trading activity encompassed more than 21,000 securities transactions with aggregate values between $600 million and $1.86 billion.



