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Cramer's Trust Trims BlackRock, Boosts Boeing and Nike Amid Market Volatility
10 Oct
Summary
- Selling 25 shares of BlackRock, reducing weighting to 3.5%
- Buying 45 shares of Boeing, increasing weighting to 2.6%
- Buying 150 shares of Nike, increasing weighting to 2.1%
On October 10, 2025, Jim Cramer's Charitable Trust is making a series of trades to adjust its portfolio. The trust is selling 25 shares of BlackRock at around $1,148.06 per share, reducing its weighting in the asset manager to 3.5% from 4.22%. This move comes as BlackRock's stock has surged about 13% so far this year, reaching a record high.
To offset the cash proceeds from the BlackRock sale, the trust is buying 45 shares of Boeing at roughly $211.57 per share, increasing its weighting in the aerospace company to 2.6% from 2.3%. This purchase comes amid a 4% decline in Boeing's stock on Thursday, which was partly driven by a report that Turkish Airlines was threatening to swap its recent order of up to 150 737 MAX jets to rival Airbus.
Additionally, the trust is buying 150 shares of Nike at approximately $66.03 per share, increasing its weighting in the apparel giant to 2.1% from 1.8%. Nike's stock has had a rough week, falling more than 8%, as it has given back all of its post-earnings gains.
Cramer's team sees these market dips as opportunities to scale deeper into positions they believe in, such as the turnaround at Nike. They are also keeping a close eye on the potential impact of President Trump's threat of "massive" tariff increases on Chinese imports, which could create further volatility in the markets.
