Trump's First-Quarter 2026 Financial Disclosures Show Major Tech and Media Trades
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President Donald Trump's financial disclosures for the first quarter of 2026, released May 14, reveal securities transactions valued between $220 million and $750 million. The portfolio includes significant trades in major media and technology companies like Netflix, Disney, Apple, and Nvidia. The White House states the portfolio is independently managed by third-party financial institutions.
Facts First
- Disclosed first-quarter 2026 transactions valued between $220 million and $750 million
- Major purchases included Netflix, Comcast, Disney, Apple, and Nvidia securities
- Significant sales reported for Netflix, Disney, Microsoft, Amazon, and Meta securities
- Portfolio also included trades for Oracle, Broadcom, Bank of America, Goldman Sachs, and municipal bonds
- White House maintains the portfolio is independently managed by third-party institutions
What Happened
President Donald Trump's financial disclosures for the first quarter of 2026 were released, showing transactions with a total value of at least $220 million and up to $750 million. The disclosed transactions include securities from major media and technology companies.
During the quarter, Trump purchased at least $571,000 of Netflix securities and sold Netflix securities worth at least $1.3 million. He purchased at least $1.08 million in Comcast securities, at least $30,000 in Warner Bros. Discovery securities, and at least $15,000 in Paramount Skydance securities. Trump purchased at least $364,000 of Disney securities and sold at least $1.1 million in Disney securities. He purchased at least $45,000 in Fox Corp. securities and sold at least $30,000.
Trump made purchases of Apple and Nvidia securities valued at between $1 million and $5 million each. He reported sales of Microsoft, Amazon, and Meta securities valued between $5 million and $25 million. The disclosures also reveal purchases of securities for Oracle, Broadcom, Bank of America, and Goldman Sachs, and include trades in municipal bonds.
The White House referred inquiries regarding the disclosures to the Trump Organization. An attorney for the Trump Organization did not immediately respond to a request for comment, according to Reuters.
Why this Matters to You
These disclosures provide a regular, legally required window into the financial holdings of a sitting president. The White House has previously stated that Trump's financial portfolio is independently managed by third-party financial institutions and that "neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold. All investment decisions are made entirely by independent managers." This could be intended to address potential concerns about conflicts of interest.
What's Next
The White House may continue to face questions about these financial disclosures. The Trump Organization's attorney could provide further comment in the future. Similar disclosures for subsequent financial quarters will likely be released, continuing to provide periodic updates on these holdings.