President Donald Trump disclosed at least $220 million (and up to $750 million) in financial transactions during the first quarter of 2026, according to a filing with the U.S. Office of Government Ethics on Thursday.
Among his investments, Trump purchased at least $30,000 in Warner Bros. Discovery securities and executed multiple transactions involving Disney securities, totaling at least $364,000 in purchases. He sold $1.1 million worth of Disney securities during the quarter, which spans January through March.
Trump also acquired at least $15,000 in Paramount securities alongside one of his Warner Bros. Discovery purchases. His public comments have fluctuated between stating he “shouldn’t” be involved in regulatory oversight and praising Paramount CEO David Ellison.
The White House directed inquiries to the Trump Organization, which issued a statement noting that the president’s investments are managed “exclusively through fully discretionary accounts” and are “independently managed by third-party financial institutions with sole and exclusive authority over all investment decisions.”
“Trades are executed and portfolios are balanced through automated investment processes and systems administered by those institutions,” their statement read. “Neither President Trump, his family nor the Trump Organization plays any role in selecting, directing or approving specific investments. They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind.”
Additional investments included between $1 million and $5 million in securities of Apple and Nvidia. The CEOs of both companies accompanied the president to China for his summit with President Xi Jinping. Trump also made multiple securities purchases in Oracle, co-founded by friend Larry Ellison.
Further transactions involved at least $45,000 in Fox Corp securities, with $30,000 sold, and at least $450,000 in News Corp securities. Both companies are overseen by the Murdoch family, known allies of the president.
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