Donald Trump declared more than 22,000 stock transactions in 2025, according to an FT analysis of financial disclosures released this week. His immediate predecessor Joe Biden disclosed 13 transactions over four years. In his first term, Trump declared 517. The disclosures show Trump bought between $461 million and $1.4 billion in stocks last year across eight investment accounts, seven of which appeared to be tracking broad market indices. The eighth engaged in more targeted stockpicking, including positions in restaurant chain Kura Sushi and arms company Kratos Defence.