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Trump went big on tech stocks in first quarter of 2026, new filings show
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US President Donald Trump speaks during a law enforcement leaders dinner, celebrating the start of National Police Week, in the Rose Garden at The White House in Washington D.C., on Monday, May 11, 2026.
Aaron Schwartz | Bloomberg | Getty Images
President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases and sales of tech giants Nvidia, Microsoft, Amazon and Meta — in the first three months of 2026, new disclosure forms reveal.
Trump’s filings with the U.S. Office of Government Ethics show more than 3,700 transactions, with the total amount for each listed as a range rather than an exact figure.
The transactions, which became public on Thursday, are valued at between $220 million and $750 million cumulatively, according to Reuters.
Trump’s biggest purchases and sales skewed toward the tech sector, the filings showed.
Among three dozen transactions valued between $1 million and $5 million in the first quarter of 2026, Trump bought securities of ServiceNow, Nvidia, Adobe, Microsoft, Oracle, Broadcom, Motorola, Amazon, Texas Instruments and Dell, the filings show.
Trump’s four largest sales in that period were also tech-heavy: He sold between $5 million and $25 million worth of Microsoft, Amazon, and Meta securities on Feb. 10, according to the documents. Dozens of other transactions took place that same day.
The timing of some of the president’s transactions overlapped with news from the companies whose stock he was buying or selling, the news outlet NOTUS reported Thursday.
One week after Trump’s Feb. 10 purchase of between $1 million and $5 million of Nvidia stock, for instance, that company announced a major chip deal with Meta.
The president also bought between $500,000 and $1 million worth of Nvidia stock one week before the Commerce Department officially approved the sale of some Nvidia chips to China, NOTUS reported.
The filings did not say if Trump directed any of the trades himself. Some of the transactions are described in the documents as “unsolicited,” though that designation was unclear. OGE did not immediately respond to CNBC’s request for clarification.
Read more CNBC politics coverage
White House spokesman Davis Ingle, in a statement to CNBC, said the president’s assets are held in a trust managed by his children.
“There are no conflicts of interest,” Ingle said in the statement. “President Trump only acts in the best interests of the American public — which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media.”
Presidents are not prohibited from holding or trading stocks while in office, but they are required to report their transactions.
Trump’s annual financial disclosure is expected to come out later this year.
The latest filings only required Trump to disclose transactions of securities above $1,000. The forms also specified that filers do not need to close certain financial assets, such as mutual funds or other investment funds, U.S. Treasury bonds, and property.
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