Donald Trump Expands Holdings by Purchasing Netflix Debt in January
President Donald Trump has acquired between $600,000 and $1.25 million in Netflix bonds during two transactions in January, as disclosed on the U.S. Office of Government Ethics website.
The financial disclosure indicates a purchase valued at $500,000 to $1 million on January 2, followed by another acquisition ranging from $100,000 to $250,000 on January 20.
This marks the second occasion Trump has invested in Netflix bonds, having previously acquired between $500,000 and $1 million in December after the streaming giant entered an agreement with Warner Bros. Discovery. Last week, this partnership was terminated amid a contentious takeover battle, with Warner Bros. Discovery now in talks to sell to David Ellison’s Paramount.
The Netflix transactions are part of a broader portfolio activity, as Trump engaged in over 80 purchases and a few sales of corporate and municipal bonds. These transactions are recorded in Form 278-T, which details any purchases, sales, or exchanges of securities exceeding $1,000 on behalf of the filer or their dependents. Such disclosures are mandated within 30 days of transaction notification, and no later than 45 days after a transaction occurs.
The notice regarding the Netflix bond purchase was filed on February 26. Other corporations listed in the disclosures include SiriusXM, Whirlpool, Occidental Petroleum, Victoria’s Secret, Macy’s, Carnival, and Boeing, among others.
A White House official stated that Trump’s stock and bond portfolio is managed independently by financial institutions, with decisions made by external managers. “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 explained.
