3,700 Trades in 3 Months: Trump's Financial Disclosure Reveals Astonishing Trading Activity as He Props and Drops Companies

On May 14, 2026, Trump's financial disclosure to the U.S. Office of Government Ethics revealed what Wall Street insiders called an astonishing volume of personal trading activity: 3,642 securities transactions in the first quarter of 2026 alone — January through March.

The numbers

• 3,642 transactions in 3 months (roughly 90 trading days)
• That's approximately 40–60 trades per trading day
• Total value: estimated between $220 million and $750 million
• The filing is 113 pages long

What he's trading

Large purchases and sales of:

• Nvidia, Microsoft, Amazon, Meta, Broadcom, Oracle, Adobe, ServiceNow — tech giants whose valuations are directly affected by AI chip export policy, tariffs, and trade deals
• Boeing — a defense contractor receiving federal contracts from Trump's Pentagon
• Intel, Qualcomm, Texas Instruments, Dell — semiconductor companies affected by chip export rules Trump personally controls
• Visa, Citigroup — financial companies affected by tariff and trade policy
• GE Aerospace, Motorola Solutions — defense and government contractors

Why this is a problem

The president of the United States personally controls the policy levers that move these stocks:

• Tariff announcements — Trump has imposed, paused, raised, lowered, and reimposed tariffs on a near-weekly basis. Each announcement moves markets. He posted "it was a great time to buy" on Truth Social hours before reversing a tariff, causing stocks to surge.
• AI chip export policy — Trump approved Chinese companies to purchase Nvidia chips; Nvidia shares rose substantially afterward. His $500M deal giving UAE's Sheikh Tahnoon 100,000 chips/year directly benefits companies in his portfolio.
• Trade deals — He's currently in China negotiating deals that will move every tech stock he owns
• Defense spending — His administration sets Boeing's and GE Aerospace's order books
• Iran war policy — Every escalation or de-escalation moves oil, defense, and energy stocks

The man making the announcements is trading the stocks the announcements move. Sixty times a day.

The broader pattern

ProPublica reported that more than a dozen executive branch officials and congressional aides made well-timed trades since Trump took office — mostly selling before the market plunged on tariff fears. On March 3, the worst market day of the year, sixteen lawmakers reported trading hundreds of thousands of dollars in stock — the highest single-day lawmaker trading volume through mid-April.

A crypto "whale" on the exchange Hyperliquid opened a massive nine-figure short position just 30 minutes before a Trump tariff announcement, netting an estimated $160 million profit.

Senator Adam Schiff called for an investigation into Trump's "great time to buy" post, flagging it as potential evidence of insider trading or market manipulation.

What hasn't happened

No investigation. No charges. No independent audit. The SEC — which is supposed to investigate insider trading — reports to the president. The DOJ — which is supposed to prosecute it — is run by Trump's appointees and is currently busy indicting Comey over seashells and creating a $1.776 billion slush fund for the president's allies.

The filings note that Trump's assets are managed by his sons and brokers. But the question isn't who pressed the button — it's whether the person making the policy decisions that move markets is also the person profiting from them. 3,642 trades in 90 days, in the exact companies his policies affect, with total estimated value approaching three-quarters of a billion dollars. The disclosure answered that question.