A document from the usa Securities and Exchange Commission (SEC) shows that Trump Media's (DJT.US) largest shareholder, financial company ARC Global Investments II, and manager Patrick Orlando no longer hold more than 5% of Trump Media's shares.
The document shows that ARC previously held over 11 million shares, while Patrick Orlando now holds only 0.01% of Trump Media's common stock.
The elected president of the usa, Trump, holds a majority stake in Trump Media, valued at over 3 billion dollars, and he has stated that he has no plans to sell his shares.