Overview
- Two Office of Government Ethics 278-T reports released Thursday log more than 3,000 transactions from January through March, with aggregate value bands totaling at least $220 million and up to roughly $750 million.
- Disclosures list large buys of $1 million to $5 million in Nvidia, Apple and an S&P 500 fund, plus sizable activity tied to Microsoft, Amazon, Meta, Oracle, Broadcom, Bank of America and Goldman Sachs, while sell entries show $5 million to $25 million disposals in Microsoft, Amazon and Meta.
- The forms use wide value ranges and do not show exact prices, account ownership or who placed trades, and they pool transactions across the president, First Lady and dependent children with some entries noting a broker acted as agent.
- Watchdogs and some lawmakers flagged overlaps between trades and government actions, citing examples such as Nvidia chip export decisions, a billion‑dollar Palantir deal with Homeland Security and Axon sales as ICE planned major Taser purchases, as well as the presence of tech CEOs on the president’s China trip.
- The filings highlight a shift toward semiconductor, defense and crypto‑linked stocks after earlier bond‑heavy reports, and a broader annual disclosure due later in 2026 could add detail on assets and income.