Trump Made 21,285 Stock Trades in 2025 as Portfolio Returned 37.3%
Updated
Updated · Business Insider · Jul 10
Trump Made 21,285 Stock Trades in 2025 as Portfolio Returned 37.3%
1 articles · Updated · Business Insider · Jul 10
Summary
Annual disclosures show Trump made 21,285 stock trades in 2025—about 85 a day—making his portfolio one of the most actively traded of any modern president.
Unusual Whales estimates his equity holdings, excluding Trump Media, returned 37.3% since inauguration through July 2, beating the S&P 500's 23.5%.
The White House said independent third-party managers control the discretionary accounts and that Trump and his family cannot direct or override the trades, but it declined to identify the managers.
The filings also show more than $2 billion in 2025 income and an estimated $5.2 billion portfolio, with crypto generating $1.4 billion and Trump Media still representing nearly 60% of equity holdings despite a roughly 75% drop since inauguration.
Richard Painter, a former Bush White House ethics lawyer, said the trading volume and Trump's exposure to industries he regulates underscore unresolved conflict-of-interest concerns that Congress has repeatedly failed to curb.