A financial disclosure is the required public filing that shows what a federal official traded and held during a reporting period. President Donald Trump submitted just over 1,000 of them covering the month of June. The aggregate picture across those filings is what appears to be a broad reshuffling of his portfolio.

The count is the lead data point. Just over 1,000 transactions in a single month is not the signature of routine portfolio maintenance.

The moves included sales of stocks like Meta and purchases of Berkshire Hathaway. Meta is named as one of the stocks he sold, suggesting the exits were not limited to a single position. Berkshire Hathaway appears on the additions side of the ledger.

The filings record each transaction. They do not say what drove the moves, or how many other positions shifted alongside the ones named.