Trump’s Q1 Tech Stock Trades

CNBC reported Friday that President Donald Trump disclosed thousands of stock transactions totaling potentially hundreds of millions of dollars in newly published ethics filings, with tech sector names dominating both his purchases and his sales.

Trump’s Tech Bets Span Biggest Names in the Sector

The filings, submitted to the U.S. Office of Government Ethics, cover the first three months of 2026. They log more than 3,700 individual transactions. Reuters estimated the cumulative value at between $220 million and $750 million, with each transaction recorded as a range rather than a fixed dollar figure.

Among his largest purchases — those in the $1 million to $5 million range — Trump bought shares of Nvidia, Microsoft, ServiceNow, Oracle, Broadcom, Motorola, Amazon, Texas Instruments, and Dell. His biggest four sales in the same period were also concentrated in tech. He offloaded between $5 million and $25 million worth of Microsoft, Amazon, and Meta securities on a single day, February 10.

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A History of Presidential Stock Disclosure Rules

U.S. presidents are not legally barred from holding or trading individual equities while in office. They are, however, required to report transactions above $1,000. Certain asset classes, including mutual funds, U.S. Treasury bonds, and real estate, are exempt from the disclosure requirement. Trump’s broader annual financial disclosure is expected to be released later this year.

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Timing of Trades Draws Scrutiny

The news outlet NOTUS flagged that some trades coincided closely with significant corporate announcements. Trump purchased Nvidia stock in the $1 million to $5 million range approximately one week before the chipmaker announced a major deal with Meta. He also acquired a smaller Nvidia position shortly before the Commerce Department formally cleared certain chip exports to China.

The filings did not confirm whether Trump personally directed any of the trades. Several transactions were labeled “unsolicited,” though the OGE did not immediately clarify what that designation means in this context.

White House spokesman Davis Ingle told CNBC that Trump’s assets sit inside a trust managed by his children. “There are no conflicts of interest,” Ingle said, adding that the president acts solely in the public interest.

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