Michael J Kratsios

Michael J Kratsios

EXEC Director · Office of Science and Technology Policy

VTEB × 12 VIG × 11 MUB × 11 ITOT × 8 DGRO × 8 VTI × 5 view in graph

66trades · $22.5M est.
83% disclosed on time · 11 late, worst 15d over
$21.8Mest. assets · Annual (2026)

Since nomination

Nominee 278 (02/14/2025) vs Annual (2026)

Divested

7 positions · $6.3M est.
AssetAccountOwner Value at nomination
Scale AI, Inc., vested stock options Employment assets Self $1M – $5M
Scale AI, Inc. Class B Common Shares Employment assets Self $1M – $5M
Bitcoin Other assets $100K – $250K
Coinbase, unvested RSUs Spouse's assets Spouse $15K – $50K
Coinbase Global Inc. Class A Common Stock COIN Spouse's assets Spouse $15K – $50K
Ethereum Other assets $15K – $50K
Brokerage Account #2 (Cash) Other assets $1K – $15K

Still holds

36 positions · $18.8M est. · largest 20 shown
AssetAccountOwner At nomination Latest value
U.S. bank #1 (Cash) Other assets $1M – $5M $5M – $25M
Residential Real Estate, London, UK Other assets Over $1M Over $1M
Vanguard Target Retirement 2055 Fund Investor Shares VFFVX Employment assets Self $250K – $500K $500K – $1M
iShares Core S&P Total U.S. Stock Market ETF ITOT Other assets $250K – $500K $250K – $500K
Schwab Target 2055 Index Fund SWYJX Employment assets Self $100K – $250K $100K – $250K
Vanguard FTSE Developed Markets ETF VEA Other assets $100K – $250K $100K – $250K
U.S. bank #5 (Cash) Other assets $50K – $100K $100K – $250K
U.S. Bank #7 (Cash) Other assets $50K – $100K $100K – $250K
Vanguard Total Stock Market ETF VTI Employment assets Self $50K – $100K $50K – $100K
iShares Core MSCI Emerging Markets ETF IEMG Other assets $50K – $100K $50K – $100K
iShares National Muni Bond ETF MUB Other assets $50K – $100K $50K – $100K
Schwab US Broad Market ETF SCHB Other assets $50K – $100K $50K – $100K
Vanguard Target Retirement 2060 Fund Investor Class Shares VTTSX Spouse's assets Spouse $15K – $50K $50K – $100K
Vanguard Dividend Appreciation ETF VIG Other assets $1K – $15K $50K – $100K
iShares Core Dividend Growth ETF DGRO Other assets $100K – $250K $15K – $50K
Vanguard REIT ETF VNQ Employment assets Self $15K – $50K $15K – $50K
Vanguard FTSE Emerging Markets ETF VWO Employment assets Self $15K – $50K $15K – $50K
Vanguard FTSE Developed Markets ETF VEA Employment assets Self $15K – $50K $15K – $50K
Fidelity Growth Company Fund FDGRX Employment assets Self $15K – $50K $15K – $50K
U.S. bank (cash) Employment assets Self $15K – $50K $15K – $50K

New positions

1 position · $3M est.
AssetAccountOwner Latest value
Schwab S&P 500 Index Fund SWPPX Other assets $1M – $5M
Show all positions

Positions are matched between the two reports by exact name, first within the same account, then across accounts, then by ticker; rows matching nothing are listed as divested or new. Estimates are band midpoints.

Stock trades

AssetType AmountOwner Traded Disclosed
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Buy $1K – $15K Self Jul 1, 2026 filing ↗
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF Buy $1K – $15K Self May 14, 2026 11d late filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Buy $1K – $15K Self Mar 27, 2026 filing ↗
MUB iShares National Muni Bond ETF Sell $1K – $15K Self Mar 27, 2026 filing ↗
MUB iShares National Muni Bond ETF Sell $1K – $15K Self Mar 27, 2026 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Buy $1K – $15K Self Mar 20, 2026 filing ↗
MUB iShares National Muni Bond ETF Sell $1K – $15K Self Mar 20, 2026 filing ↗
DGRO iShares Core Dividend Growth ETF Buy $1K – $15K Self Mar 9, 2026 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Sell $1K – $15K Self Mar 9, 2026 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Buy $1K – $15K Self Dec 26, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Dec 26, 2025 filing ↗
SWPPX Schwab S&P 500 Index Fund Buy $1M – $5M Self Aug 18, 2025 filing ↗
VNQ Vanguard Real Estate Index Fund ETF Shares Buy $1K – $15K Self Aug 11, 2025 filing ↗
VTI Vanguard Total Stock Market Index Fund ETF Class Shares Sell $1K – $15K Self Aug 11, 2025 filing ↗
Scale AI vested stock options Sell $5M – $25M Self Jul 21, 2025 filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self Jul 7, 2025 filing ↗
Scale AI, Inc. Stock Sell $1M – $5M Self Jun 23, 2025 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self May 23, 2025 7d late filing ↗
DGRO iShares Core Dividend Growth ETF Buy $1K – $15K Self May 22, 2025 8d late filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self May 22, 2025 8d late filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Sell $15K – $50K Self May 22, 2025 8d late filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self May 19, 2025 11d late filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self May 19, 2025 11d late filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self May 16, 2025 14d late filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self May 16, 2025 14d late filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self May 15, 2025 15d late filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self May 15, 2025 15d late filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Apr 21, 2025 filing ↗
SCHP Schwab US TIPS ETF Sell $1K – $15K Self Apr 21, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Apr 8, 2025 filing ↗
VWO VanguardEmerging Markets Stock Index Fund ETF Shares Buy $1K – $15K Self Apr 8, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $1K – $15K Self Apr 8, 2025 filing ↗
VWO VanguardEmerging Markets Stock Index Fund ETF Shares Buy $1K – $15K Self Apr 7, 2025 filing ↗
IEMG iShares Core MSCIEmerging Markets ETF Sell $1K – $15K Self Apr 7, 2025 filing ↗
VWO VanguardEmerging Markets Stock Index Fund ETF Shares Buy $15K – $50K Self Apr 4, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Apr 4, 2025 filing ↗
IEMG iShares Core MSCIEmerging Markets ETF Sell $15K – $50K Self Apr 4, 2025 filing ↗
VTI Vanguard Total Stock Market Index Fund ETF Class Shares Buy $1K – $15K Self Apr 4, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $15K – $50K Self Apr 3, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $15K – $50K Self Apr 3, 2025 filing ↗
VTI Vanguard Total Stock Market Index Fund ETF Class Shares Buy $1K – $15K Self Apr 3, 2025 filing ↗
VTI Vanguard Total Stock Market Index Fund ETF Class Shares Buy $15K – $50K Self Mar 31, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Sell $15K – $50K Self Mar 31, 2025 filing ↗
VTI Vanguard Total Stock Market Index Fund ETF Class Shares Buy $250K – $500K Self Mar 31, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Sell $250K – $500K Self Mar 31, 2025 filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self Mar 24, 2025 filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self Mar 13, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Mar 13, 2025 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self Mar 13, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $15K – $50K Self Mar 13, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $15K – $50K Self Mar 13, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Mar 12, 2025 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self Mar 12, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $1K – $15K Self Mar 11, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Mar 11, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Mar 10, 2025 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self Mar 10, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Mar 10, 2025 filing ↗
MUB iShares National Muni Bond ETF Buy $1K – $15K Self Mar 10, 2025 filing ↗
VTEB Vanguard Tax-Exempt Bond Index Fund ETF Shares Sell $1K – $15K Self Mar 10, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Mar 6, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $1K – $15K Self Mar 6, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Mar 4, 2025 filing ↗
VIG Vanguard Dividend Appreciation Index Fund ETF Class Shares Buy $1K – $15K Self Mar 4, 2025 filing ↗
DGRO iShares Core Dividend Growth ETF Sell $1K – $15K Self Mar 4, 2025 filing ↗
ITOT iShares Core S&P Total US Stock Market ETF Buy $1K – $15K Self Feb 24, 2025 filing ↗

Asset holdings

Annual (2026) · filed —

All positions

47 positions
Asset OwnerValueIncome
Thiel Capital 401(k) plan: Self
Vanguard Target Retirement 2055 Fund Investor Shares VFFVX Self $500K – $1M
Roth IRA Self
iShares iBoxx $ Invst Grade Crp Bond LQD Self $1K – $15K
Vanguard Total Stock Market ETF VTI Self $50K – $100K
Vanguard REIT ETF VNQ Self $15K – $50K
Vanguard FTSE Emerging Markets ETF VWO Self $15K – $50K
Schwab US TIPS ETF SCHP Self $1K – $15K
Vanguard FTSE Developed Markets ETF VEA Self $15K – $50K
Scale AI, Inc. Self Salary/Bonus · $22K
Scale AI 401(k) plan: Self
Schwab Target 2055 Index Fund SWYJX Self $100K – $250K
IRA #1 Self
Fidelity Growth Company Fund FDGRX Self $15K – $50K
Scale AI HSA Self
U.S. bank (cash) Self $15K – $50K
Coinbase Spouse salary
Coinbase 401(k) Spouse
Vanguard Target Retirement 2060 Fund Investor Class Shares VTTSX Spouse $50K – $100K
Google 401(k) Spouse
Vanguard Target Retirement 2055 Fund Investor Class Shares VFFVX Spouse $15K – $50K
U.S. bank #1 (Cash) $5M – $25M Interest · $100K – $1M
U.S. bank #2 (Cash) $15K – $50K
U.S. bank #3 (Cash) $15K – $50K
United States Savings Bonds $15K – $50K Interest · $201 – $1K
U.S. bank #4 (Cash) $15K – $50K Interest · $201 – $1K
U.S. bank #5 (Cash) $100K – $250K
HSBC -- U.K. bank #6 (Cash) $15K – $50K
U.S. Bank #7 (Cash) $100K – $250K Interest · $2.5K – $5K
Brokerage Account #1 (Cash) $1K – $15K
Fidelity Magellan Fund FMAGX $15K – $50K
Brokerage Account #2
iShares Core S&P Total U.S. Stock Market ETF ITOT $250K – $500K $2.5K – $5K
Vanguard Dividend Appreciation ETF VIG $50K – $100K $1K – $2.5K
iShares Core Dividend Growth ETF DGRO $15K – $50K $1K – $2.5K
Vanguard FTSE Developed Markets ETF VEA $100K – $250K $2.5K – $5K
Schwab International Equity ETF SCHF $15K – $50K $1K – $2.5K
Vanguard FTSE Emerging Markets ETF VWO $15K – $50K $1K – $2.5K
iShares Core MSCI Emerging Markets ETF IEMG $50K – $100K $2.5K – $5K
Vanguard Tax-Exempt Bond Index ETF VTEB $1K – $15K $201 – $1K
iShares National Muni Bond ETF MUB $50K – $100K $1K – $2.5K
Schwab US TIPS ETF SCHP $15K – $50K $1K – $2.5K
RBC Funds Trust - U.S. Government Money Market Fund TIMXX $1K – $15K
Schwab US Broad Market ETF SCHB $50K – $100K $201 – $1K
Schwab US Dividend Equity ETF SCHD $1K – $15K $201 – $1K
Residential Real Estate, London, UK Over $1M Rent or Royalties · $100K – $1M
Schwab S&P 500 Index Fund SWPPX $1M – $5M $15K – $50K

Values and income are the ranges the filer discloses, normalized to one form. Hover a value for the string as filed. Rows marked *** carry that marker in the filing itself, with no legend: each one is a foreign-domiciled issuer or a Reg S note.