As Donald Trump campaigns for a return to the White House, his recent financial disclosure provides a glimpse into the investment strategies of the businessman-turned-politician. The August 13, 2024, filing showcases a portfolio encompassing high-growth tech stocks alongside dependable dividend-paying companies. Beyond individual stocks, Trump’s disclosure lists real estate holdings valued in the hundreds of millions and government bonds worth millions.
Trump’s investment approach could be characterized as one balancing growth potential with stable income. His 64.9% stake in Trump Media & Technology Group, valued at $2.4 billion, significantly overshadows his other holdings. However, his investments in other companies are substantial and diverse.
The former president has made substantial investments in several ‘Magnificent Seven’ stocks, including Apple, Microsoft, and NVIDIA, with stakes valued between $500,001 and $1 million each. This suggests Trump has embraced Wall Street’s enthusiasm for artificial intelligence (AI), a burgeoning sector driving much of the market’s recent gains. His portfolio also includes positions in other Magnificent Seven stocks like Alphabet and Amazon, valued between $100,000-$250,000 and $250,000-$500,000 respectively.
But Trump’s investment strategy extends beyond Silicon Valley’s darlings. His disclosure lists hundreds of individual stocks, including positions in financial institutions like JPMorgan Chase and Warren Buffett’s Berkshire Hathaway. Trump’s portfolio also features a substantial number of dividend stocks, including household names like Coca-Cola, Johnson & Johnson, and Procter & Gamble.
Here’s a look at some of the stocks Trump owns that are valued at more than $15,000:
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Apple Inc ($500,000 – $1,000,000)
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Microsoft Corp ($500,000 – $1,000,000)
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Nvidia Corp ($500,000 – $1,000,000)
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Amazon.com, Inc ($250,000 – $500,000)
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Alphabet Inc (Google) ($100,000 – $250,000)
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Meta Platforms Inc ($100,000 – $250,000)
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Berkshire Hathaway Inc ($100,000 – $250,000)
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PepsiCo Inc ($100,000 – $250,000)
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JPMorgan Chase & Co ($100,000 – $250,000)
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Tesla Inc ($50,000 – $100,000)
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Coca-Cola Co
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Exxon Mobil Corp
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Chevron Corp
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Home Depot Inc
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McDonald’s Corp
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AbbVie Inc
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Adobe Inc
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Broadcom Inc
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Booking Holdings Inc
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Caterpillar Inc
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Cisco Systems Inc
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ConocoPhillips
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Lockheed Martin Corp
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Netflix Inc
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Pfizer Inc
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Qualcomm Inc
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Union Pacific Corp
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United Parcel Service, Inc.
As the 2024 election heats up, Trump’s investment choices are likely to face increased scrutiny. His stake in Trump Media & Technology Group, which owns the social media platform Truth Social, is likely to be the most discussed Trump holding. The ‘lockup’ agreement preventing insiders from selling shares is set to expire in late September, potentially allowing Trump to cash out a portion of his $2.4 billion position. According to the disclosures, Trump owns 114,750,000 shares of the media brand, representing 64.9% of the entire company.
