Trump's Q1 Portfolio: $220 Million in Moves Across Tech and Media

When President Donald Trump’s financial disclosure forms hit the U.S. Office of Government Ethics desk Thursday, they painted a picture of an executive with serious skin in the game across America’s biggest industries. We’re talking at least $220 million in financial transactions during the first three months of 2026—a portfolio move that reads like a masterclass in diversification, or maybe just the kind of trading activity you’d expect from someone who’s made a career of understanding where money flows.

The media purchases are the real story here. Trump went on a bit of a buying spree, grabbing $1.08 million in Comcast securities, $571K in Netflix, $364K in Disney, $45K in Fox Corp., $30K in Warner Bros. Discovery, and $15K in Paramount Skydance. But it wasn’t all accumulation—he also moved in the opposite direction on some of those same bets, selling $1.3 million in Netflix, $1.1 million in Disney, and $30K in Fox Corp. That’s the kind of tactical positioning that suggests someone’s actively managing, not just sitting on holdings.

Tech, of course, got equal attention. Trump reported sales between $5 million and $25 million across Amazon, Meta, and Microsoft securities, while simultaneously buying between $1 million and $5 million in Apple and Nvidia stock. He didn’t stop there either—the disclosures also show purchases in Bank of America, Broadcom, Goldman Sachs, and Oracle, plus some municipal bond trades thrown into the mix. It’s a portfolio that spans every sector that matters: big tech, traditional media, finance, semiconductors.

What’s interesting isn’t just the scale, but the strategy. Trump’s moving money in and out of the same companies, which suggests he’s actively trading based on market conditions or his own views of where value sits. These aren’t set-it-and-forget-it holdings. And given that more detailed filings about business assets and income are expected in coming months, this snapshot of Q1 trading is really just the opening act. The full financial picture is still unfolding, and it’ll tell us a lot about where Trump sees opportunity—and risk—in the economy right now.