U.S. President Donald Trump disclosed at least $51 million in bond purchases during March, based on new filings released by the U.S. Office of Government Ethics. The report shows a broad set of investments across public and private markets, with total potential value reaching as high as $161 million, reflecting the use of value ranges. Among the notable purchases are corporate bonds tied to Nvidia Corporation (NVDA), Microsoft Corporation (MSFT), and JPMorgan Chase & Co. (JPM).
Claim 30% Off TipRanks
New trading tool for NVDA bears
According to the filing, Trump carried out 175 financial transactions during the month. However, the forms “don’t include exact values for each sale or purchase, only a range of values for each,” which means the true scale may vary within those bands.
Most of the holdings were tied to municipal bonds issued by states, counties, and public entities. These assets are often seen as steady income tools, which may suggest a focus on yield and lower risk exposure.
Best Bond ETFs, according to TipRanks’ data:
Corporate Bonds Span Tech, Energy, and Banks
At the same time, the disclosures show exposure to major U.S. companies through corporate bond purchases. These include Broadcom Inc. (AVGO), Nvidia Corporation, Meta Platforms, Inc. (META), and Microsoft Corporation in tech. In energy, names such as Constellation Energy Corporation (CEG) and Occidental Petroleum Corporation (OXY) appear.
In addition, the list includes financial firms such as Citigroup Inc. (C), Goldman Sachs Group, Inc. (GS), and JPMorgan Chase & Co., as well as Boeing Company (BA) and General Motors Company (GM). Trump also invested in an exchange-traded fund tied to a high-yield bond index, adding a more diversified credit exposure.
Notably, the filing states that his 26 largest transactions, each in the $1 million to $5 million range, were “mainly municipal bonds or U.S. Treasuries,” though some included corporate debt.
Overall, the mix of assets points to a wide credit strategy that spans both public sector funding and large-cap corporate issuers.
We used TipRanks’ Comparison Tool to align all the tickers appearing in the piece. It’s a great tool for gaining an in-depth view of each stock and the broader industries in which it operates.
