President Donald Trump’s first quarter financial disclosure reveals approximately 3,700 trades, valued between $220 million and $750 million. The bulk of the activity centers on large-cap US technology and semiconductor stocks, including new positions in Nvidia, Broadcom, and Intel, while reducing holdings in Amazon, Meta, and Microsoft.
A $1 million to $5 million stake in Dell Technologies was initiated on February 10, prior to a presidential endorsement of the company. The timing raises questions about potential conflicts of interest, as the president has direct influence over export controls, tariffs, and CHIPS Act funding that affect these companies.
The filing does not clarify whether Trump personally executed the trades or if they were made by advisers managing his portfolio.