Washington — President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities over the first three months of the year — an unprecedented sum for a sitting president.
CBS News is presenting the data from the president's most recent financial disclosure in a new interactive dashboard here . It shows that the president's investment accounts made 2,346 purchases and 1,296 sales between Jan. 6 and March 30, 2026. The figures for individual transactions were presented in a range, which is reflected in the wide disparity between the minimum and maximum values of the trades overall.
The sheer volume of the trades, and the timing of certain transactions, has prompted ethics experts and Democrats in Congress to criticize the president for maintaining an active portfolio. Democratic Sen. Elizabeth Warren of Massachusetts has called for an investigation into "potential insider trading." One investment professional, who reviewed the transactions at CBS News' request, said the trades likely reflect a strategy by Mr. Trump's money managers to reduce his tax bill. Another said he had "never seen a strategy out there that would warrant that amount of trading."
The Trump Organization, meanwhile, said neither the president nor his family have any influence over his portfolio, which it said is managed by "independent third-party investment managers."
Trump's stock trades, by the numbers
CBS News extracted and organized the data from the scanned disclosure form , known as an OGE Form 278-T, to produce the fullest picture yet of the thousands of trades on the president's behalf.
Federal officials, including the president, are required under the law to report any securities transactions worth more than $1,000 within 45 days to the Office of Government Ethics, which publishes the reports.
The president's document, which he signed on May 8, includes 3,642 transactions across 1,026 individual firms and funds, with technology giants and popular exchange-traded funds topping the list of the most frequent and highest-volume transactions.
Microsoft, Amazon, Meta, Netflix, Oracle and AMD appeared most frequently in the document, with between 17 and 22 trades each:
The total value of stock purchases was between $126 million and $399 million. Sales totaled between $86 million and $296 million.
The most common transactions were trades valued at between $15,001 and $50,000, with 998 purchases and 393 sales falling in that range. The highest value range — $5,000,001 to $25 million — included four sales of Amazon, Meta, Microsoft and a Vanguard ETF.
The companies were sorted into 11 sectors using classifications from Yahoo Finance, plus separate categories for ETFs, funds and unclassified transactions. The data shows that technology firms were the most frequently bought-and-sold securities, followed by financial, consumer, industrial and healthcare companies. The transactions involving tech companies included at least $43 million in purchases and $24 million in sales:
The data reveals several spikes in trades in February and March. On Feb. 10, the president's accounts sold large amounts of Microsoft, Amazon and Meta, with each transaction valued between $5,000,001 and $25,000,000.
Buying increased sharply in March. The accounts made 1,565 purchases in that month, compared to roughly 400 buys in each of the previous two months. On March 23 alone, the accounts made 283 purchases and 17 sales.
The disclosure represents the highest volume of stock trades on the president's behalf since he took office last year. Previous disclosures showed that his investment accounts mainly bought and sold municipal and corporate bonds at a much slower pace. His January disclosure, for example, listed just 191 transactions over the last two months of 2025, compared with the 3,642 transactions in his May filing. ( Another filing signed on May 8 also lists 69 other transactions, most of which appear to be bonds.)
Timing of trades
Some of the trades in the latest disclosure preceded policy moves by the administration or public statements about the companies by the president himself, prompting a flurry of headlines about the timing of certain trades shortly after the disclosure form was released in May.
For instance, the president's financial managers bought between $500,001 and $1,000,000 of Nvidia stock on Jan. 6, 2026, the first of a total of 15 transactions — nine purchases and six sales — over the three months covered in the disclosure. The next week, the administration relaxed export controls on Nvidia's highly prized AI chips, clearing the way for the company to sell them to China.
The president's accounts also purchased hundreds of thousands of dollars worth of stock in Palantir, the defense contractor with extensive government business, over the course of March. On April 7, Mr. Trump praised the company in a post on Truth Social that included its stock ticker: "Palantir Technologies (PLTR) has proven to ha…
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