Trump traded over $50 million in 'Magnificent 7' stocks last quarter, loading up on Apple and Google and selling Tesla

President Trump executed 94 trades in "Magnificent Seven" technology stocks during the first quarter of 2026, valued at between $50 million and $70 million, according to a federal ethics disclosure released last week — a period in which the president was regularly meeting with chief executives of those same companies, announcing policy decisions directly affecting their industries, and publicly promoting their products from the White House.

The trades, which included 64 purchases and 30 sales spread across Apple, Alphabet, Nvidia, Meta Platforms, Microsoft, Amazon, and Tesla, were part of a broader disclosure covering more than 3,700 individual transactions executed under the president's name in the quarter. The Trump Organization, which manages the account, has stated that trades are overseen by third-party financial institutions and that neither the president, his family, nor the organization itself plays any role in selecting, directing, or approving specific investments, and that they receive no advance notice of trading activity whatsoever.

Among the transactions was a purchase of at least $1 million in Nvidia stock on February 10. Approximately one week later, Nvidia announced a major strategic partnership with Meta Platforms. The Nvidia purchase on February 10 is listed in the ethics disclosure as an unsolicited trade. The standard industry definition of an unsolicited trade is a transaction initiated by the client, with the broker executing it as directed. The Trump Organization did not respond to a request for comment on how its account generated an unsolicited trade in a portfolio where the client has no involvement.

February 10 was a notably active day for the president's account. In addition to the Nvidia purchase, records show the account sold between $10 million and $50 million in Microsoft and Amazon stock across two separate transactions of between $5 million and $25 million each. The total value of trades executed that single day was, at minimum, in the tens of millions of dollars. The Trump Organization did not explain what prompted the realignment.

On net across the quarter, the president's account added substantially to its Apple and Alphabet positions, with eight Apple purchases recorded against a single sale, representing net acquisitions of between $2 million and $7.2 million, and Alphabet transactions consisting entirely of purchases totaling between $1.5 million and $3.1 million. Apple CEO Tim Cook met with the president in Tokyo in October 2025. Alphabet is the parent company of Google, which is currently the subject of federal antitrust proceedings overseen by the Justice Department, which reports to the president. Tesla was the one Magnificent Seven stock the account sold on net, with between $30,000 and $330,000 in sales recorded. Elon Musk, Tesla's chief executive, departed his advisory role in the administration earlier this year.

In total, 27 of the 94 Magnificent Seven trades were classified as unsolicited, including three individual purchases each exceeding $1 million. The Trump Organization's public statement holds that the president has no input of any kind regarding investment decisions. The definition of an unsolicited trade holds that the client initiates the transaction. These two positions are, in the standard usage of both terms, mutually exclusive. The disclosure does not resolve the discrepancy. The Trump Organization did not respond to a question about it.