3,600 stock trades in 3 months: Breaking down Trump's flurry of investment moves
President Trump’s investment accounts executed 3,642 stock trades worth between $212 million and $695 million from January 6 to March 30, 2026, with technology firms like Microsoft, Amazon, and Meta among the most frequently traded. Critics, including Democratic Sen. Elizabeth Warren, have demanded an investigation into potential insider trading, while the Trump Organization claims the portfolio is managed independently by third-party firms.
President Donald J. Trump’s investment accounts conducted 3,642 stock trades—2,346 purchases and 1,296 sales—between January 6 and March 30, 2026, according to his latest financial disclosure. The total value of these transactions ranged between $212 million and $695 million, marking an unprecedented volume for a sitting president. CBS News analyzed the data from the OGE Form 278-T, revealing that technology companies dominated the trades, including frequent activity in Microsoft, Amazon, Meta, Netflix, Oracle, and AMD. The trades spiked in February and March, with February 10 seeing large sales of Microsoft, Amazon, and Meta, each valued between $5 million and $25 million. March saw a surge in buying, with 1,565 purchases compared to roughly 400 in each of the prior two months, including 283 purchases on March 23 alone. The most common transaction value was between $15,001 and $50,000, while the highest-value trades exceeded $5 million. Democratic lawmakers, including Sen. Elizabeth Warren, have called for an investigation into potential insider trading, citing the volume and timing of the trades. An investment professional consulted by CBS News suggested the activity may reflect tax-reduction strategies, though no definitive evidence supports this claim. The Trump Organization denied any influence over the portfolio, stating it is managed by independent third-party firms. The disclosure form, signed on May 8, 2026, categorizes transactions into 11 sectors, with technology firms leading in frequency and value. Financial, consumer, industrial, and healthcare companies also appeared frequently. Federal law requires officials to report securities transactions over $1,000 within 45 days to the Office of Government Ethics, which published the report. Criticism has intensified over the president’s active trading while in office, raising ethical concerns about conflicts of interest. The Trump Organization maintains that the portfolio operates independently, though scrutiny remains high amid allegations of potential misconduct.
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