Trump’s Tech Stock Buys Revealed in Q1 2026 Ethics Filings
CNBC reported Friday that President Donald Trump executed thousands of stock transactions in the first quarter of 2026, with new federal ethics disclosures revealing a strong tilt toward the technology sector.
Filings Detail Scale of Trump Tech Stock Activity
The documents, filed with the U.S. Office of Government Ethics, logged more than 3,700 individual transactions. Reuters estimated their cumulative value at between $220 million and $750 million. Among the biggest individual purchases, Trump acquired securities in Nvidia, Amazon, Microsoft, Oracle, Broadcom, Motorola, Dell and Texas Instruments. Each of those purchases fell in the $1 million to $5 million range per transaction.
His largest single-day sales also skewed heavily toward tech. On February 10 alone, Trump sold between $5 million and $25 million each in Microsoft, Amazon and Meta securities. Dozens of additional trades were executed on the same day.
Trade Timing Raises Questions
The proximity of certain trades to major corporate announcements has drawn scrutiny. News outlet NOTUS reported Thursday that Trump purchased Nvidia stock roughly one week before the chipmaker announced a significant deal with Meta. He also acquired additional Nvidia shares about a week before the Commerce Department formally approved the export of certain Nvidia chips to China. The filings do not indicate whether Trump personally directed any of the transactions. Some are labeled “unsolicited,” though the exact meaning of that designation remains unclear.
Background on Presidential Disclosure Rules
Presidents are not legally barred from owning or trading individual stocks while in office. They are, however, required by law to disclose transactions publicly. The ethics forms made public Thursday only obligated Trump to report trades exceeding $1,000 in value. Mutual funds, U.S. Treasury bonds and real estate holdings are among the asset classes exempt from these particular disclosures. Trump’s full annual financial disclosure is expected to be released later this year.
White House Pushes Back on Conflict Concerns
White House spokesman Davis Ingle told CNBC the president’s financial assets sit inside a trust managed by his children. Ingle said flatly there are no conflicts of interest and that Trump acts solely in the public’s interest. The Office of Government Ethics did not immediately respond to CNBC’s request for comment on the “unsolicited” transaction label.
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