Financial disclosure documents released Saturday reveal that President Donald Trump invested a minimum of $51 million in various bond securities during the month of March, according to forms filed with the U.S. Office of Government Ethics.
The ethics filings show Trump completed 175 separate financial transactions throughout March. The disclosure forms provide value ranges rather than exact dollar amounts for each individual transaction.
The majority of Trump’s investments were in municipal bond securities issued by state governments, county authorities, school districts, and other government-affiliated entities or public-private partnerships.
Twenty-six of Trump’s largest investment moves fell within the $1 million to $5 million bracket and primarily consisted of municipal bonds and U.S. Treasury securities. However, the filings also show corporate bond purchases from Weyerhaeuser and General Motors, plus an investment in an exchange-traded fund that follows high-yield bond performance.
Trump’s corporate bond investments covered multiple industries including energy, technology, healthcare, and financial services. Companies represented in his portfolio included Constellation Energy, Occidental Petroleum, Broadcom, Nvidia, Meta Platforms, Microsoft, and major financial institutions Citigroup, Goldman Sachs, and JPMorgan Chase. Boeing was also among his corporate bond purchases.
When calculating the highest possible values across all asset categories, Trump’s total bond purchases could reach approximately $161 million.
