A new federal ethics filing has cracked open something investors rarely get to see: the inside of a sitting president’s brokerage account.
The Office of Government Ethics released two OGE Form 278-T disclosures on May 14, covering trades made through an account held in President Donald Trump’s name from January through March 2026
The Trump Organization says third-party institutions have “sole and exclusive authority” over the trades, and the White House says assets are held in a trust managed by Trump’s children. The president, per both statements, does not direct the account. Even so, the document is a market signal.
It shows 3,642 trades, a pace of roughly 60 per day, with cumulative volume between $220 million and $750 million, according to Fortune. The most interesting names in the filing aren’t the Mag 7 megacaps. They’re the non-Mag 7 chip and AI supply-chain plays, the picks-and-shovels companies that benefit if AI infrastructure spending keeps compounding regardless of which model wins.