President Donald Trump made more than 21 000 securities trades in his first year back in office, often in intense bursts tied to market events he created.<\/p>\n
The total dollar value of the trades was somewhere between $600 million and $1.86 billion, according to his financial disclosure for 2025, which lists values in broad ranges. Many of the transactions involve large companies that have business with the federal government.<\/p>\n
Trump averaged 85 trades per market day, an analysis of the report shows. Just 10 days accounted for about a quarter of all trades executed in 2025. Many of those came during heightened volatility on Wall Street after Trump had already announced policy changes.<\/p>\n
![\"\"](\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/07\/459858713-555x329.jpg\")
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There was also dissonance across Trump\u2019s eight separate trading accounts: In more than 200 cases, he bought a stock in one account the same day he was selling it in another.<\/p>\n
The chaotic rhythm and large volume of trading add to an emerging picture of Trump\u2019s finances, which critics and watchdog groups have scrutinised for hints that he may be improperly profiting from the presidency. In the same report, he disclosed earning at least $1.4 billion from crypto and memecoin-related businesses in 2025.<\/p>\n
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Deflected questions<\/span><\/h3>\nThe president on Wednesday downplayed the amount of money he made, saying he was already wealthy when elected, and he deflected questions from reporters about whether he was inappropriately profiting off the presidency.<\/p>\n
Read:
Trump insists \u2018there\u2019s nothing wrong\u2019 with his big crypto gains
Trump reports at least $1.4bn in 2025 crypto earnings<\/p>\n
\u201cPurposely, I never speak to any of the people that run the money, but they\u2019re at big institutions, and they invest in whatever they invest,\u201d Trump said at Joint Base Andrews before departing for North Dakota. \u201cYou know why I\u2019m profiting? Because the stock market\u2019s going up.\u201d<\/p>\n
The Trump Organisation says that the president\u2019s holdings are independently managed by third-party financial institutions that have control over all investment decisions, with trades executed through automated, model-based portfolios and direct indexing strategies. Trump, his family members and his company play no role in making transactions, and receive no advance notice of the trades, according to a company spokesperson.<\/p>\n
The White House also said that Trump\u2019s investments are independently managed. \u201cThere are no conflicts of interest,\u201d said spokesperson Anna Kelly.<\/p>\n
Eric Trump, the president\u2019s son and executive vice president of the Trump Organisation, has said the assets were in a \u201cblind trust.\u201d<\/p>\n
\u201cTo suggest that individual stocks are being bought or sold, at the discretion of any member of the Trump family, would be a lie and blatantly false,\u201d he wrote in a post on X in May after Trump disclosed more than 3 700 trades in the first quarter of 2026.<\/p>\n
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At the time, some on Wall Street said they found the frequency of trading to be surprising.<\/p>\n
About one-tenth of Trump\u2019s disclosed non-cash investment assets last year were in excepted investment funds \u2013 things like mutual funds and exchange-traded funds that are broadly diversified and don\u2019t require detailed asset-by-asset reporting.<\/p>\n
But beyond those, it\u2019s unclear which market indexes Trump is tracking. The president lists eight separate investment accounts on the disclosure and their underlying assets, but gives no indication of which institutions he\u2019s using to manage them. There\u2019s some overlap between assets held in accounts, with shares of Lockheed Martin Corp appearing in six accounts, and shares of McDonald\u2019s Corp, Microsoft Corp and Pfizer in seven.<\/p>\n
![\"\"](\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/07\/459871472-555x847.jpg\")
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S&P Mainstays<\/span><\/h3>\nHis top overall stock holdings \u2013 Apple, Nvidia Corp, Broadcom, Microsoft and Tesla \u2013 are mainstays of the S&P 500 index.<\/p>\n
Though the volume of the transactions was large, the value of about half of them fell within the lowest range, between $1 001 and $15 000. There may have been even more trades: Officials don\u2019t have to report trades of $1 000 or less.<\/p>\n
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![\"\"](\"https:\/\/www.moneyweb.co.za\/wp-content\/uploads\/2026\/07\/459871842-555x367.jpg\")
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Overall, Trump reported 15 524 purchases and 5 761 sales of assets.<\/p>\n
Occasionally, there was volatility within one of Trump\u2019s accounts. On four days, an individual security was both bought and sold on the same day and in the same account.<\/p>\n
For example, as Blue Owl Capital Corp declined 3.1% on September 15, one Trump account \u2013 identified only as Investment Account No. 4 \u2013 bought more than $1 million in shares in the entity\u2019s stock, according to the disclosures. That day, the same account sold six lots of the same stock. The disclosures don\u2019t indicate the exact value or time of day of the trades.<\/p>\n
Some of Trump\u2019s busiest trading days came after announcements of policy shifts, especially around trade. His asset managers executed 616 trades on February 3, one day before tariffs on Canada, Mexico and China were scheduled to go into effect. There were 640 more trades a month later, after Trump lifted a pause on those tariffs. And a month after that, there were 446 trades on April 4 amid a selloff prompted by his \u201cLiberation Day\u201d tariff announcements.<\/p>\n
\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n
#Trump #financial #disclosure #shows #trades<\/p>\n","protected":false},"excerpt":{"rendered":"
President Donald Trump made more than 21 000 securities trades in his first year back in office, often in intense bursts tied to market events he created. The total dollar… <\/p>\n","protected":false},"author":1,"featured_media":10648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9802,121,405,2849,260],"class_list":["post-10647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-disclosure","tag-financial","tag-shows","tag-trades","tag-trump"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10647"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/10648"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Trump insists \u2018there\u2019s nothing wrong\u2019 with his big crypto gains
Trump reports at least $1.4bn in 2025 crypto earnings<\/p>\n
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n
At the time, some on Wall Street said they found the frequency of trading to be surprising.<\/p>\n
About one-tenth of Trump\u2019s disclosed non-cash investment assets last year were in excepted investment funds \u2013 things like mutual funds and exchange-traded funds that are broadly diversified and don\u2019t require detailed asset-by-asset reporting.<\/p>\n
But beyond those, it\u2019s unclear which market indexes Trump is tracking. The president lists eight separate investment accounts on the disclosure and their underlying assets, but gives no indication of which institutions he\u2019s using to manage them. There\u2019s some overlap between assets held in accounts, with shares of Lockheed Martin Corp appearing in six accounts, and shares of McDonald\u2019s Corp, Microsoft Corp and Pfizer in seven.<\/p>\n
<\/p>\n
S&P Mainstays<\/span><\/h3>\nHis top overall stock holdings \u2013 Apple, Nvidia Corp, Broadcom, Microsoft and Tesla \u2013 are mainstays of the S&P 500 index.<\/p>\n
Though the volume of the transactions was large, the value of about half of them fell within the lowest range, between $1 001 and $15 000. There may have been even more trades: Officials don\u2019t have to report trades of $1 000 or less.<\/p>\n
\n\nADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n<\/p><\/div>\n<\/div>\n
<\/p>\n
Overall, Trump reported 15 524 purchases and 5 761 sales of assets.<\/p>\n
Occasionally, there was volatility within one of Trump\u2019s accounts. On four days, an individual security was both bought and sold on the same day and in the same account.<\/p>\n
For example, as Blue Owl Capital Corp declined 3.1% on September 15, one Trump account \u2013 identified only as Investment Account No. 4 \u2013 bought more than $1 million in shares in the entity\u2019s stock, according to the disclosures. That day, the same account sold six lots of the same stock. The disclosures don\u2019t indicate the exact value or time of day of the trades.<\/p>\n
Some of Trump\u2019s busiest trading days came after announcements of policy shifts, especially around trade. His asset managers executed 616 trades on February 3, one day before tariffs on Canada, Mexico and China were scheduled to go into effect. There were 640 more trades a month later, after Trump lifted a pause on those tariffs. And a month after that, there were 446 trades on April 4 amid a selloff prompted by his \u201cLiberation Day\u201d tariff announcements.<\/p>\n
\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n
#Trump #financial #disclosure #shows #trades<\/p>\n","protected":false},"excerpt":{"rendered":"
President Donald Trump made more than 21 000 securities trades in his first year back in office, often in intense bursts tied to market events he created. The total dollar… <\/p>\n","protected":false},"author":1,"featured_media":10648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9802,121,405,2849,260],"class_list":["post-10647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-disclosure","tag-financial","tag-shows","tag-trades","tag-trump"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10647"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/10648"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
ADVERTISEMENT:<\/p>\n
CONTINUE READING BELOW<\/p>\n<\/p><\/div>\n<\/div>\n
<\/p>\n
Overall, Trump reported 15 524 purchases and 5 761 sales of assets.<\/p>\n
Occasionally, there was volatility within one of Trump\u2019s accounts. On four days, an individual security was both bought and sold on the same day and in the same account.<\/p>\n
For example, as Blue Owl Capital Corp declined 3.1% on September 15, one Trump account \u2013 identified only as Investment Account No. 4 \u2013 bought more than $1 million in shares in the entity\u2019s stock, according to the disclosures. That day, the same account sold six lots of the same stock. The disclosures don\u2019t indicate the exact value or time of day of the trades.<\/p>\n
Some of Trump\u2019s busiest trading days came after announcements of policy shifts, especially around trade. His asset managers executed 616 trades on February 3, one day before tariffs on Canada, Mexico and China were scheduled to go into effect. There were 640 more trades a month later, after Trump lifted a pause on those tariffs. And a month after that, there were 446 trades on April 4 amid a selloff prompted by his \u201cLiberation Day\u201d tariff announcements.<\/p>\n
\u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n
#Trump #financial #disclosure #shows #trades<\/p>\n","protected":false},"excerpt":{"rendered":"
President Donald Trump made more than 21 000 securities trades in his first year back in office, often in intense bursts tied to market events he created. The total dollar… <\/p>\n","protected":false},"author":1,"featured_media":10648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[9802,121,405,2849,260],"class_list":["post-10647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-disclosure","tag-financial","tag-shows","tag-trades","tag-trump"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10647"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/10648"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}