US President Donald Trump sold tens of millions of dollars in major technology holdings during July, led by six Microsoft trades worth up to $31 million and Amazon sales up to $26 million, according to disclosures released Tuesday by the Office of Government Ethics. The filings cover more than 1,100 transactions in a single month, offering a rare granular look at how the president’s personal portfolio is positioned as Washington sharpens its focus on artificial intelligence competition with China.
The Microsoft and Amazon exits
Microsoft accounted for the largest single-company reduction, with six separate sales reaching the top of the disclosed range at $31 million. Amazon followed at up to $26 million. The filings provide only ranges, not exact proceeds, so the actual totals could be materially lower. Meta Platforms and Alphabet appeared in smaller amounts, up to $630,000 and $365,000 respectively.
The smaller positions and Nvidia churn
Nvidia showed both sides of the ledger: two sales totaling roughly $1 million and a purchase of similar value. The round-trip suggests repositioning rather than a directional bet. Across the board, the number of purchase transactions was lower than sales for most of the large-cap names, though the dollar volume of buys was not disclosed in the summary.
Buying amid the selling
The president continued to add to other technology giants even as he trimmed the biggest positions. The disclosures do not name every ticker bought, nor do they reveal whether the trades were executed personally or by a managed account. The OGE forms capture the activity but not the rationale.
What the ranges hide
Because each transaction is reported in broad bands, the aggregate exposure change is impossible to calculate with precision. A sale reported as “up to $31 million” could represent a fraction of that amount. The data confirms the direction of flow for July, but the magnitude remains an interval, not a figure.