Trump went big on tech stocks in first quarter of 2026, new filings show

Trump went big on tech stocks in first quarter of 2026, new filings show

Recent filings reveal that former President Donald Trump engaged in a flurry of financial activity in the tech sector during the first quarter of 2026. The newly disclosed documents, submitted to the U.S. Office of Government Ethics, indicate that Trump executed over 3,700 transactions, with the total value ranging between $220 million and $750 million. Among these transactions, Trump's investments primarily targeted major technology companies, including Nvidia, Microsoft, Amazon, and Meta. Notably, he made several sizable trades, buying shares of ServiceNow, Adobe, Oracle, Broadcom, and Dell, with individual transaction values falling between $1 million and $5 million. Additionally, Trump's largest sales during this period were also concentrated in the tech industry. On February 10, he sold between $5 million and $25 million in securities from Microsoft, Amazon, and Meta. This day alone saw multiple significant transactions that raised eyebrows, especially when considering the timing of some trades in relation to company announcements. For instance, shortly after Trump's purchase of Nvidia stock, the company disclosed a major chip agreement with Meta. Furthermore, just a week prior to the official approval of Nvidia's chip sales to China, Trump had invested between $500,000 and $1 million in the company's shares. While the filings do not clarify whether Trump personally directed these trades, some transactions were marked as 'unsolicited,' leaving questions about their nature. Officials from the Office of Government Ethics did not immediately respond to inquiries seeking clarification on this matter. In a statement, White House spokesman Davis Ingle emphasized that Trump's financial assets are managed in a trust overseen by his children, asserting that there are no conflicts of interest. He reiterated that Trump acts in the best interests of the American people, citing the former president's re-election despite ongoing media scrutiny. It's important to note that while presidents can hold and trade stocks while in office, they are obligated to report their financial dealings. Trump's annual financial disclosure is anticipated later this year, with the current filings requiring disclosure for any transactions exceeding $1,000. Notably, certain financial assets, including mutual funds and U.S. Treasury bonds, do not need to be liquidated for reporting purposes.

Sources : CNBC

Published On : May 15, 2026, 17:35

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