Trump Financial Disclosure Shows 21,000 Trades in 2025
4 hours ago
- #presidential conflicts of interest
- #Trump securities trades
- #financial disclosure
- President Donald Trump executed over 21,000 securities trades in his first year back in office, with total value between $600 million and $1.86 billion.
- Trump averaged 85 trades per market day, with 10 days accounting for a quarter of all trades, often coinciding with market volatility from his policy announcements.
- There were over 200 instances where Trump bought and sold the same stock on the same day across different accounts, and occasional same-account same-day buys and sells.
- Trump's top stock holdings include Apple, Nvidia, Broadcom, Microsoft, and Tesla, which are S&P 500 mainstays, with Lockheed Martin, McDonald's, Microsoft, and Pfizer appearing across multiple accounts.
- Trump and his organization claim investments are independently managed by third-party institutions via automated strategies, with no family involvement or advance notice of trades.
- About half the trades fell in the lowest value range ($1,001–$15,000), and trades under $1,000 may not be reported; Trump disclosed 15,524 purchases and 5,761 sales.
- Some of the busiest trading days followed policy shifts, such as 616 trades before tariffs took effect and 640 trades after tariffs were lifted.
- Trump earned at least $1.4 billion from crypto and memecoin-related businesses in 2025, amid scrutiny over potential conflicts of interest from his presidency.