While fear gripped Wall Street in Q1 2026, at the White House, the picture looked completely different.
President Trump today updated his trading activities for the first quarter, and the volume of purchases is particularly unusual.
According to the report,
Trump made stock purchases totaling approximately $58 million to $205 million during Q1 2026.
The truly interesting part is the timing.
Most of the purchases were made in February–March, precisely during the period when the market was shaking.
While many investors fled to cash, Trump made aggressive purchases in almost all major sectors.
What did he buy?
In short, almost all the market's giant names:
$NVDA Nvidia $MSFT Microsoft $AMZN Amazon $META Meta $GOOGL Google $AAPL Apple $AVGO Broadcom $ORCL Oracle
And a long list of leading stocks (list attached above)
A significant portion of the positions were over $1 million per stock, which indicates this is not symbolic diversification but significant risk-taking during weakness.
Since the low point of fear in the first quarter, the main market indices have recovered by approximately 19%.
But here comes the truly interesting data point:
A large portion of the stocks Trump purchased yielded significantly higher returns than the indices themselves, especially AI stocks, chip infrastructure, software, and cybersecurity.
In practice, this report presents a very clear picture:
While the public spoke of a collapse, at the White House, they took advantage of the declines to load up on growth and technology stocks in unusual quantities.