Trump’s Latest Financial Disclosure Shows Significant Sales Of Netflix

Donald Trump reported more than 1,000 purchases and sales of corporate securities in June, including those of Netflix, Warner Bros. Discovery, The Walt Disney Co. and Comcast.

The White House has previously said that the president’s stock and bond portfolio is independently managed.

According to the president’s latest financial report, released by the Office of Government Ethics, he sold between $50,001 and $100,000 of Netflix on June 12, another $500,001 to $1 million on June 18, between $15,001 and $50,000 on June 16, and between $50,001 and $100,000 on June 24. He bought between $1,001 and $15,000 on June 3, and between $1,001 and $15,000 on June 23.

Per the filing, the president also purchased between $50,001 and $100,000 in The Walt Disney Co. on June 18, and between $1,001 and $15,000 on June 3. He purchased between $1,001 and $15,000 in Warner Bros. Discovery on June 16. The form also showed the sale of $1,001 to $15,000 in Comcast securities on June 16, $1,001 to $15,000 on June 23, $1,001 to $15,000 on June 3, and between $100,001 and $250,000 on June 24.

The report also showed the sale of $100,001 to $250,000 shares of Amazon on June 12 and the sale of $100,001 to $250,000 on June 24. It showed the purchase of $15,001 to $50,000 of Amazon on June 15, the purchase of $1,001 to $15,000 on June 23, the purchase of $1,001 to $15,000 on June 3.

The OGE report does not require specific amounts of sales or purchases, but ranges.

A White House official did not immediately respond to a request for comment. But the administration has previously said that “all holdings are maintained in discretionary accounts and invested through computer-based model portfolios that automatically replicate recognized indexes, such as the Schwab 1000.”

The official said that Trump does not have the ability to “direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold.”

Some of the companies have regulatory business before the Trump administration. The Justice Department approved Paramount’s proposed merger with Warner Bros. Discovery on June 12. Disney, meanwhile, is challenging the FCC over its order that it submit the licenses of its eight owned stations for early renewal. Disney filed a First Amendment lawsuit against the agency earlier this month.