Trump reshuffles portfolio, sells Meta and buys Berkshire Hathaway in June

President Donald Trump sold shares of Meta Platforms and purchased Berkshire Hathaway stock in June, according to CNBC, adding yet another headline-grabbing trade to a portfolio that has already logged thousands of transactions since he returned to office.

The move comes after Trump’s Q1 2026 financial disclosures revealed he had already offloaded between $5 million and $25 million worth of Meta securities back on February 10. That earlier sale means the June transaction represents a continued unwinding of his position in Mark Zuckerberg’s company, while the Berkshire purchase marks a pivot toward Warren Buffett’s successor-led conglomerate at a time when it has been making aggressive bets of its own.

A portfolio that never sleeps

Trump’s Q1 2026 disclosures alone recorded more than 3,642 individual securities transactions. The total volume of his reported trades runs into the hundreds of millions of dollars, a dramatic escalation compared to previous presidential financial filings.

Trump has maintained that a third-party manager handles specific buy and sell decisions without his direct involvement. That arrangement is meant to insulate a sitting president from conflicts of interest, functioning somewhat like a blind trust but with considerably more visibility into the holdings themselves.

Selling Meta is particularly notable given Trump’s complicated history with the company. He was banned from Facebook and Instagram after January 6, 2021, then reinstated ahead of the 2024 campaign. Zuckerberg visited Mar-a-Lago and made a series of moves widely interpreted as conciliatory toward the administration.

Why Berkshire, why now

The Berkshire Hathaway buy is interesting for a different reason. Under new CEO Greg Abel, who took the reins from Buffett, the Omaha-based conglomerate has been on a shopping spree that would make its famously patient founder raise an eyebrow.

Berkshire’s Q2 2026 filings showed the company was a net buyer of roughly $23.5 billion in equities during the quarter. The marquee move was a $10 billion private placement in Alphabet, part of a broader $15.5 billion increase in Berkshire’s stake in Google’s parent company. That represents a meaningful philosophical shift for a firm that spent decades underweight in technology.

The conflict-of-interest question

Congressional critics have pointed to Trump’s trading volume as evidence that existing disclosure requirements are insufficient. Traditional presidential financial disclosures were designed for portfolios that changed slowly, maybe a few dozen transactions per reporting period. A president logging thousands of trades per quarter stretches the system well past its intended use case.

For markets, the practical impact of any single Trump trade is probably minimal. The disclosed Meta sales in Q1 topped out at $25 million, a rounding error for a stock with a market capitalization in the trillions.

Berkshire’s pivot toward tech under Abel may prove to be the more consequential story here. A $23.5 billion net buying quarter suggests the company sees value in sectors it historically avoided. If Abel continues deploying capital into names like Alphabet at scale, it could reinforce a broader institutional tilt toward big tech.

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