Trump’s Portfolio: A Bet on Himself — and Big Tech

As market attention focuses on potential upheavals from tariff policies, President Donald Trump’s personal investment portfolio has been quietly capitalizing on the 2025 U.S. stock market rally. Newly disclosed financial records have unveiled the makeup of Trump’s stock holdings—a portfolio centered around his own media company, valued at up to $2 billion, with diversified exposure to tech giants like Apple and Nvidia.

Notably, many of the companies in which Trump holds significant stakes have intersected, in subtle and complex ways, with his policy positions. Since the start of 2025, the S&P 500 has climbed 12.4% during Trump’s administration. According to Forbes, Trump’s current net worth stands at $7.3 billion. The latest financial disclosure report outlines his holdings in eight stocks, including the parent company of Truth Social, the platform he founded, as well as several leading technology and financial firms.

Key Holdings Overview

The disclosure reveals two defining features of Trump’s stock portfolio:

1. Dominance of His Own Media Company: Trump Media & Technology Group (DJT) constitutes the overwhelming majority of his disclosed stock assets, with a holding valued at approximately $2 billion. Trump owns about 114.8 million shares (roughly 52% stake) in the company, which launched Truth Social in 2022. Although a filing was submitted in April that would allow him to sell his shares, Trump has publicly stated he has no plans to do so.
2. Diversified Holdings in Tech and Finance: Excluding his own company, the other seven stocks have a combined estimated value exceeding $8.5 million, spanning established tech and financial names:

• Technology Sector: Apple ($650,000–$6.4 million), Microsoft ($630,000–$13.5 million), Nvidia ($615,000–$1.3 million), Broadcom ($580,000–$1.2 million), and Alphabet ($431,000–$965,000).
• Financial Sector: Blue Owl Capital ($5 million–$25 million) and Blackstone ($603,000–$1.3 million).

A point of scrutiny is that some holdings coincide with corporate developments that have unfolded alongside Trump’s policy decisions. During his term, Apple received a semiconductor tariff exemption, and its smartphones were excluded from new tariffs on India. The Federal Trade Commission also dropped its lawsuit challenging Microsoft’s acquisition of Activision Blizzard.

Furthermore, key figures from some holdings have shown political support; for instance, Blackstone CEO Stephen Schwarzman has publicly endorsed Trump’s campaign. While Broadcom’s attempted takeover of Qualcomm in 2018 was blocked by Trump on national security grounds, the company’s stock has since delivered robust performance.

Several companies in the portfolio have been market standouts. Nvidia was the best-performing stock in the S&P 500 in 2023 and the second-best in 2024. Since 2018, Broadcom’s total return has exceeded 1,540%, vastly outperforming the S&P 500’s approximate 152% gain. Meanwhile, Blue Owl Capital offers a substantial dividend yield of 12.8%.

Analysts suggest the portfolio reflects both Trump’s confidence in his own venture and an investment strategy geared toward capturing gains from the AI boom through leading tech companies. As the 2026 midterm elections approach, the performance of these holdings, particularly the AI-related stocks, is likely to remain under close market watch.

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