Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon

Politics & PolicyPublished Tue, Sep 22 20261:10 PM EDTUpdated 5 Min AgoKey PointsPresident Donald Trump disclosed 1,156 securities transactions made on his behalf in July, totaling between roughly $79 million and $270 million, CNBC calculated.The largest were sales of between $5 million and $25 million each of Microsoft and Amazon on July 20.The filing shows another month of extensive trading across technology, defense, ETFs and bonds, continuing a pattern of heavy activity in Trump’s investment accounts.U.S. President Donald Trump reacts towards members of the media after a courtesy call with Irish President Catherine Connolly at Áras an Uachtaráin on September 12, 2026 in Dublin, Ireland. Charles Mcquillan | Getty ImagesPresident Donald Trump disclosed more than 1,100 securities transactions made on his behalf in July, including sales of as much as $25 million each of Microsoft and Amazon shares, as his sprawling investment portfolio underwent another month of heavy trading.The 1,156 purchases and sales totaled between roughly $79 million and $270 million, according to a CNBC analysis of Trump's latest financial disclosure. Purchases totaled at least $43.6 million, while sales totaled at least $35.6 million, CNBC calculated, in what appears to be a broad reshuffling of his portfolio.Read more on Trump investmentsTrump’s oil investments have gained millions during Iran war as his accounts keep tradinTrump’s foreign licensing business booms to $59.5 million as Gulf developers payJPMorgan, Schwab and UBS manage millions in Trump’s $858 million investment portfolioTrump bought as much as $5 million in Axon stock before ICE sought $220 million Taser dealCompany that bet big on Trump-backed crypto says its fortunes have improvedTrump family got about $500M from crypto venture — but investors saw steep lossesTrump Jr. calls banking a 'Ponzi scheme' that forced family to create crypto businessThe Trump family crypto empire looks to Asia: Eric Trump talks Bitcoin in Hong KongTrump family says U.S. dollar needs an upgrade and they are the ones to do itThe largest transactions were July 20 sales of between $5 million and $25 million each of Microsoft and Amazon, according to the filing. Three days later, Trump reported buying between $100,001 and $250,000 of Microsoft and between $1,001 and $15,000 of Amazon. The same July 20 entries also show large sales of Oracle and other companies alongside a series of new purchases. Tech stocks saw a market boom on July 20, adding $291 billion in market value in one day.While the filing shows activity conducted on Trump's behalf, broad value ranges obscure his exact holdings. Still, heavy trading has been a feature of his second term. In June, Trump disclosed 1,051 transactions totaling between $78.1 million and $263.1 million, including purchases and sales of stocks, bonds and ETFs.The president's 2025 annual financial disclosure showed more than 21,000 securities trades across eight accounts holding at least $858 million, compared with 86 stock transactions disclosed during his first year in office in 2017. The White House and Trump Organization did not immediately respond to requests for comment on the latest disclosure.The White House has repeatedly defended the trades and said independent advisors manage the accounts without Trump's input. Recent presidents, however, have generally divested individual stocks or relied on blind trusts or diversified funds to avoid even the appearance of conflicts of interest. This is breaking news. Please refresh for updates.