Trump Discloses 1,156 July Trades, Sells Big Tech
SingTao · 2 SOURCESabout 4 hours ago2 MIN

Summary
US President Donald Trump’s latest financial disclosure shows 1,156 securities trades were made in his name in July, spanning stocks, ETFs and bonds, with total activity estimated at roughly US$79 million to US$270 million. The largest transactions were sales of Microsoft and Amazon worth US$5 million to US$25 million each, while the filing also recorded a US$500,001 to US$1 million purchase of Nvidia shares.
Key Points
- Analysis of the filing said July purchases totaled at least US$43.6 million and sales at least US$35.6 million across multiple asset classes.
- The biggest July trades were sales of Microsoft and Amazon at US$5 million to US$25 million each; three days later, smaller purchases in both stocks were also disclosed
- On July 20, the account sold Oracle worth US$1 million to US$5 million and bought Nvidia worth US$500,001 to US$1 million.
- The same day also brought purchases of Intuit, Marvell Technology, Salesforce and Church & Dwight, each valued at US$1 million to US$5 million.
- The filing showed repeated SpaceX trading, including a July 10 purchase worth US$15,001 to US$50,000 and a July 17 sale worth US$1,001 to US$15,000.
Why It Matters
For Hong Kong investors, the disclosure offers a rare look at how trading linked to a sitting US president can span major technology names, defence-related companies, ETFs and bonds at the same time. It also keeps attention on conflict-of-interest questions, even as the White House says the portfolio is independently managed by a third-party financial institution and neither Trump nor his family can direct trading decisions.