Trump's Stock Trades: What He Bought and Sold in June 2026
President Donald Trump disclosed just over 1,000 financial transactions for the month of June 2026, according to filings made public this week (CNBC, Fortune). The June filing adds to an already huge volume of activity in the president's investment accounts, which executed more than 21,000 trades last year (WSJ).
The June filing showed significant purchases of Berkshire Hathaway, Visa, and Mastercard, along with sales of positions including Meta (Fortune, CNBC). Berkshire Hathaway, run by Warren Buffett, is widely seen as a safe-holding because it holds a lot of cash and owns many different businesses. Visa and Mastercard process card payments worldwide and earn high profit margins with relatively little risk of loan losses.
The broader context is that the June trades are a small fraction of the president's total account activity. Trump previously filed public disclosures for about 1,000 of the 21,000 trades made in his accounts last year. That means most transactions went unreported through periodic disclosure (WSJ). The June filing captures a single month in detail. The accounts' first-quarter activity alone exceeded 3,700 trades (WSJ).
Here is how that volume happened. Cash in Trump's Charles Schwab accounts was put into an automated trading strategy, which helped produce the 21,000-plus trades last year (WSJ). An automated trading strategy is a computer program that buys and sells stocks based on preset rules, without a person making each decision. The accounts traded tech stocks including Nvidia, Oracle, Microsoft, Dell, and Intel (WSJ). A Reuters report on an earlier ethics filing put the total value of trades at $220 million to $750 million across major US companies and municipal bonds (Reuters).
The Trump Organization has stated that the investments are managed by a third party (Reuters). The Office of Government Ethics confirmed that the President's and Vice President's certified annual financial disclosure reports were made available on June 30, 2026 (OGE). The President and Vice President are required by federal ethics law to file public financial disclosures (OGE). OGE also maintains a public search tool for these filings (OGE).
For market participants, the June disclosure offers a rare, fairly current look at the president's portfolio. The shift toward Berkshire Hathaway and the card networks, away from Meta, is consistent with moving from growth-dependent internet stocks into cash-rich companies and payment infrastructure. Think of it like rebalancing a seesaw: money came off one side that depends on fast growth and moved to the other side, where companies hold more cash and process everyday card transactions.
The scale issue is what stands out. Over 21,000 trades in a single year, through an automated Schwab strategy, is far more than even wealthy individual investors typically make. The disclosure system captured roughly 1,000 of those trades. The June filing captures another 1,000-plus. That leaves most of the president's trading activity outside periodic public disclosure, visible only once a year in a certified report.
In my view, for investors already weighing political risk in sectors affected by tariff and regulatory decisions, the gap between what these accounts are doing and what the public sees on time is the thing to watch. When most trades are invisible until an annual report lands, it is hard for anyone to know whether portfolio moves line up with policy decisions until long after the fact.
