Trump's July OGE Filing Details 1,156 Trades, Averaging ~50 Daily Transactions With Sizable $MSFT and $AMZN...
President Donald Trump’s latest Office of Government Ethics (OGE) transaction report revealed 1,156 securities transactions executed throughout July 2026, totaling between $79 million and $270 million in aggregate market volume. Across roughly 22 active trading sessions during the month, the volume averaged approximately 50 individual trades per day, continuing a sustained pattern of high-turnover algorithmic rebalancing across his brokerage accounts.
The filing's largest headline transactions were concurrent sales of Microsoft ($MSFT) and Amazon ($AMZN) on July 20, with each divestment valued in the top reporting bracket of $5 million to $25 million:
- Total Transaction Count: 1,156 trades (purchases accounted for at least $43.6 million; sales totaled at least $35.6 million).
- Major Divestments: Up to $25 million each in Microsoft ($MSFT) and Amazon ($AMZN); $1M–$5M in Oracle ($ORCL) and Costco ($COST).
- Capital Redeployment: Heavy rotation into cybersecurity and infrastructure assets, including CrowdStrike ($CRWD), Palo Alto Networks ($PANW), Datadog ($DDOG), Intuit ($INTU), Marvell Technology ($MRVL), and the iShares Russell 1000 ETF ($IWB).
The White House maintains that the accounts operate without presidential involvement and are independently executed by third-party institutional money managers via automated index-benchmarked models (such as the Schwab 1000). However, the extraordinary daily transaction frequency and concurrent policy decisions continue to draw heightened scrutiny from congressional ethics committees regarding stock-trading protocols for executive branch officials.