President Trump’s financial disclosure for the first quarter of 2026 reveals that accounts under The Trump Organization executed 94 trades in “Magnificent Seven” stocks, with total activity valued between $50 million and $70 million. These included 64 purchases and 30 sales across Apple, Alphabet (Google), Tesla, Nvidia, Meta, Microsoft, and Amazon.
President Trump did not personally direct or execute any of these trades. The Trump Organization accounts are managed by independent third-party financial institutions with no input from President Trump, his family members, or the organization itself. They receive no advance notice of trading activity and provide zero direction on investment decisions.
A detailed review of the disclosure shows net buying in Apple and Alphabet shares, while more Tesla stock was sold than purchased. The account also conducted multiple transactions in Nvidia, Meta, Microsoft, and Amazon, though the net position changes for those stocks were not fully clear due to the disclosure’s broad reporting ranges.
This activity occurred as part of a much larger portfolio disclosure covering thousands of total trades.
Assets are held in a family-controlled trust (often referred to as the Trump Revocable Trust or similar structures managed by his children). While the Trump Organization states that day-to-day trading occurs through fully discretionary accounts managed by independent third-party financial institutions, the overall structure remains under family oversight. This structure is legal under current ethics rules for the U.S. presidency.
MacDailyNews Note: Since we do not know when the trades were executed, here are the figures from the first day of Q1 vs. the last day:
As of May 19, 2026 (YTD performance since Jan. 1, 2026):
• Apple (AAPL): Up ~9.5% to 10.2%
• Alphabet (GOOGL): Up ~24.5% to 26.9%
• Tesla (TSLA): Down ~8.8% to 11%
As of March 31, 2026 (YTD performance since Jan. 1, 2026):
• Apple (AAPL): Rose +17.8%
• Alphabet (GOOGL): Rose +34.8%
• Tesla (TSLA): Rose +8.7%
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