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Trump's stock trading records have been exposed, and the data is quite explosive. The U.S. Office of Government Ethics (OGE) disclosed that for the full year of 2025, he reported over 21k securities transactions, including 15,524 buys and 5,761 sells. In comparison, Biden made only 13 transactions throughout his entire term. 🧵
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In the first quarter of 2026 alone, the number of transactions reached 3,642, averaging 60 per trading day, with a cumulative scale between $220 million and $750 million — a trading frequency that would be considered active for any hedge fund.
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He has 8 independent investment accounts under his name. The overall heavy holdings are Apple, Nvidia, Broadcom, Microsoft, and Tesla, basically core components of the S&P 500. Lockheed Martin appears in 6 of the accounts, while Microsoft, McDonald's, and Pfizer appear in 7 accounts.
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In Q1 2026, the largest buy targets were Nvidia, Apple, and the S&P 500 index fund; at the same time, multiple large-scale reductions were made, including Microsoft, Amazon, and Meta, with single reduction amounts ranging from $5 million to $25 million.
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The assets are held in trusts controlled by his children, but some transaction records show them executed by brokers as agents, and many transactions are labeled as "unsolicited" — meaning the broker initiated them without receiving formal instructions.
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In 2025, his personal income exceeded $2.2 billion, of which $1.4 billion came from cryptocurrency and TRUMP coin, and $575 million from real estate. Net worth increased 3.5 times from 2024 to 2026, reaching $6.5 billion.
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The White House responded that Trump and his family did not directly participate in specific investment decisions, and the assets are managed by third parties and have passed federal ethics reviews. However, whether this explanation can account for the 60 transactions per day frequency is still up for debate.