More than 1,000 stock trades were executed in US President Donald Trump's investment account in June alone, with large purchases of Berkshire Hathaway, Visa and Mastercard shares alongside the disposal of stakes in Meta Platforms and Motorola.
The Wall Street Journal, citing recently disclosed US government financial disclosure filings, reported Saturday that Trump's investment account recorded more than 550 stock purchases and more than 450 sales in June — surpassing 1,000 disclosed transactions in a single month.
Several of the transactions exceeded $1 million. The account bought more than $1 million worth of shares each in Berkshire Hathaway, Visa and Mastercard, while selling more than $1 million worth of shares each in Meta Platforms and Motorola.
All of those large trades were executed on June 18 — the day after Trump remotely signed a temporary peace agreement in Versailles, France, to end armed conflict with Iran.
Since beginning his second term in January last year, Trump has invested through an account held inside a revocable trust managed by his eldest son, Donald Trump Jr.
The White House said neither Trump nor any family member "can direct or influence how the portfolio is invested or the timing of any trades."
The account is independently managed by a third-party financial institution and uses computer-based model portfolios that automatically track share indexes such as the Schwab 1000.
That management approach can significantly inflate the number of transactions, Trump's team said. The account disclosed more than 3,700 securities trades in the first quarter of this year alone.
The active trading of individual company shares in a sitting president's account has kept concerns about potential conflicts of interest in the spotlight. The Wall Street Journal noted that the brisk buying and selling of individual stocks since Trump's return to the White House has fueled ongoing worries about such conflicts.
Last year, more than 21,000 trades were disclosed through Trump's investment account. His earnings last year exceeded $2 billion, with a significant portion coming from cryptocurrency-related projects and investments.
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