Trump Reports Over $270 Million in July Stock Transactions, Filings Show

Donald Trump executed over 1,000 stock transactions totaling between $79 million and $270 million in July, according to an analysis of his latest financial disclosure filed this week.

His two largest sales included Amazon and Microsoft stock, each valued between $5 million and $25 million on July 20. On the same day, Trump also sold up to $5 million in Oracle and Costco shares, between $500,000 and $1 million in Nvidia stock, while purchasing up to $5 million in Intuit and Salesforce shares, alongside numerous other trades.

In total, Trump completed over 700 sales worth between $35 million and $137 million, and made over 440 purchases totaling between $43.5 million and $134 million. These disclosures, required by law for presidents and vice presidents, only specify the transaction date and a value range.

The White House stated that Trump’s investment portfolio is independently managed by third-party institutions, asserting no conflicts of interest. “All holdings are maintained in discretionary accounts and invested through computer-managed model portfolios that automatically mirror established indexes like the Schwab 1000,” said spokesperson Davis Ingle.

“President Trump and his family members have no authority to direct, influence, or contribute to investment strategies or timing of purchases and sales. All investment decisions are made solely by independent managers.”

The July disclosure coincides with Trump and Republican efforts promoting a stock trading ban for Congress members, from which he would be exempt. Data from Bloomberg indicates Trump conducted more trades than the entire U.S. Congress combined during his second term through June.

Trump’s previous annual financial report showed earnings exceeding $2.2 billion in the past year, including $1 billion from cryptocurrency activities. Recent disclosures revealed $45,000 in cash gifts to three White House staff members, including personal aide Natalie Harp, prompting watchdog groups to call for investigations.

Additionally, Trump earned up to $15.5 million from oil and gas investments, as reported by the Senate’s Joint Economic Committee, benefiting from elevated energy prices amid tensions with Iran.

Presidents, vice presidents, and members of Congress are legally permitted to trade stocks and must report transactions within 45 days. However, polling shows strong public opposition: approximately 75% of respondents in a recent Economist and YouGov survey—including majorities across party lines—believe elected officials should not engage in personal stock trading.

A Trump-backed Stop Insider Trading Act passed by the House in July would restrict lawmakers and their families from buying individual stocks. Notably, the legislation would not apply to Trump or JD Vance.

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