Trump reported 3,642 stock trades in Q1 2026

President Donald Trump filed a 113-page Office of Government Ethics Form 278-T that lists 3,642 stock trades for the period Jan. 1 through March 31, 2026. The document covers purchases and sales of stocks and ETFs across many companies and sectors.

The filing lists hundreds of individual transactions that average roughly 60 trades per trading day. Reported purchases include positions in Nvidia, Microsoft, Broadcom, Amazon and Apple, each shown in the $1 million to $5 million range. Reported sales appear by line item from about $15,000 up to $25 million.

The volume of trading departs from a long-standing practice in which presidents place personal holdings into qualified blind trusts. Most presidents since Lyndon B. Johnson used some form of a blind trust. Jimmy Carter sold his peanut farm, Barack Obama held Treasury notes and index funds, and Joe Biden used a blind-trust arrangement while in office.

Several holdings listed in the filing overlap with administration policy priorities. Semiconductor positions in Nvidia, Broadcom and AMD coincide with White House policies promoting domestic chip capacity and follow a year of tariff adjustments affecting Asian supply chains. Financial stakes in JPMorgan, Goldman Sachs and Visa appear alongside regulatory changes pursued in 2026. Purchases of Coinbase, Robinhood and SoFi come during an active period for U.S. crypto policy that included executive orders, the establishment of a federal Bitcoin reserve and the launch of the Trump Accounts retirement program. Robinhood is named as the initial trustee of the Trump Accounts program, an overlap that critics have flagged as a potential conflict.

The filing shows multiple seven-figure purchases of Dell Technologies beginning Feb. 10. On May 8, the president publicly praised Dell at a White House event, and the stock rose about 12% that same day. The Dell family pledged $6.25 billion to the Trump Accounts program in December 2025.

The 2012 STOCK Act requires federal officials to disclose stock trades but does not ban trading by officeholders. Treasury Secretary Scott Bessent wrote on social media that he is pushing for a ban on single-stock trading in Congress and added, “Public service should be about serving the people, not getting rich.”

The White House has defended the filing as compliant with the STOCK Act. Whether the pattern of trading or any specific transactions prompt a formal review will be decided by the House and Senate ethics committees and the Office of Government Ethics.