Ethics Disclosure Shows Trump Sold CoStar, Bought CoreWeave Stock In June

Accounts associated with President Donald Trump traded shares in around 30 real estate firms among more than 1,000 June transactions.

Trump made 1,056 trades between June 1 and June 24, including at least 46 moves involving real estate firms and still more involving investment giants like Blackstone and Apollo Global Management. The president, who also invested in eight fixed-income multifamily securities around the country, was a net seller of real estate shares over the month, according to a new ethics disclosure from the White House.

President Donald Trump

The president’s biggest moves of the month in the space were the sales of shares worth between $100K and $250K each of CoStar Group, SBA Communications and Vici Properties on June 18. He made seven other sales of those stocks over the reporting period and purchased between $1K and $15K in CoStar shares on June 3. 

The president made at least 17 purchases of real estate-related stock while simultaneously making 29 sales across the reporting period, according to a Bisnow analysis. 

The financial disclosures provide a range for the dollar value of the transaction, not an exact amount or share count, but the midpoint of purchases against sales suggest the president lightened his commercial real estate exposure by around $350K over the month. 

Trump’s accounts are managed by The Trump Organization, which says it makes the transactions without any input from the president or his family. 

“The President's investment holdings are maintained exclusively in fully discretionary accounts managed by independent third-party financial institutions,” a Trump Organization spokesperson told Yahoo Finance. “Those institutions, not the President, have sole and exclusive authority over all investment decisions.”

Real estate trades accounted for 5.2% of the president’s trades during the reporting period. Across all transactions, Trump made 495 stock purchases and 561 sales. 

Trump made six trades in the second-largest band of transactions, ranging from $50K to $100K, selling Airbnb and CoStar and buying American Tower Corp., PennyMac Mortgage Investment Trust, Prologis and Zillow

He made 13 real estate trades between $15K and $50K, and the remaining 24 were no more than $15K.

Trump made two purchases of CoreWeave stock over the reporting period and also purchased shares in Ares Management, Everus Construction Group, Ryman Hospitality, Terreno Realty and Rocket Cos., among others.

Other notable sales included stock in CBRE, Crown Castle, Simon Property Group, Realty Income Corp., Lennar and AvalonBay Communities

The president’s bond purchases range from $15K to $50K for student housing at Texas A&M University up to a $500K to $1M note for the Louisiana Housing Corp.

The latest ethics disclosure comes nearly two months after the White House revealed that Trump made some $2.2B during his first year back in office, quadrupling his revenue from 2024. The majority of those earnings came from his cryptocurrency business, which includes a stablecoin venture called World Liberty Financial and a meme token. 

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