President Donald Trump made 3,642 stock trades during the first three months of 2026, according to a 113-page OGE Form 278-T disclosure filed this week. That works out to roughly 60 trades per session — a volume that breaks with the blind-trust arrangement every president since Lyndon B. Johnson has used to avoid conflicts of interest.
Inside the filing
The disclosure, required under the 2012 STOCK Act, lists individual purchases of Nvidia, Microsoft, Broadcom, Amazon, and Apple, each in the $1 million to $5 million range. Hundreds of separate sales range from $15,000 up to $25 million per line item. The portfolio leans heavily toward sectors that stand to benefit from administration policies: semiconductors (Nvidia, Broadcom, AMD), financials (JPMorgan, Goldman Sachs, Visa), and crypto (Coinbase, Robinhood, SoFi).
Crypto and the Trump Accounts
Robinhood serves as the initial trustee for the Trump Accounts retirement program. That makes the administration's crypto exposure more than just a portfolio pick — it's baked into the president's own retirement structure. The filing also shows positions in Coinbase and SoFi, companies that have lobbied for lighter crypto regulation.
The Dell connection
Filings record multiple seven-figure Dell Technologies purchases starting February 10. On May 8, the president publicly praised the company, and the stock jumped about 12% that same day. The Dell family separately pledged $6.25 billion to the Trump Accounts program back in December 2025. The timing isn't lost on ethics watchdogs, though the STOCK Act doesn't prohibit trades based on public statements — it only requires disclosure.
What the law allows
The STOCK Act requires officials to disclose trades within 30 days of receiving notice, but it doesn't forbid them. Treasury Secretary Scott Bessent has publicly backed a ban on congressional stock trading, and the sheer volume of Trump's Q1 activity is likely to amplify that debate. For now, the president's trading is legal — and it's public.
