Catenaa, Wednesday, May 20, 2026- President Donald Trump’s account traded Walt Disney shares worth up to about $6 million in the first quarter of 2026 while his multi-pronged feud with the “House of Mouse” raged on.
Trump also had significant exposure to the banking sector, JPMorgan in particular, even as he was suing the bank for $5 billion over the issue of “debanking.”
The trades were part of Trump’s recent 113-page disclosure, which spanned more than 3,700 trades made under the president’s name, and they contrast with the thousands of other trades in companies the president was more keen to praise.
Trump’s account is managed by his company, the Trump Organization, which said trades are overseen by third-party financial institutions without any input from Trump or his family.
“Neither President Trump, his family, nor The Trump Organization plays any role in selecting, directing, or approving specific investments,” the Trump Organization has said in a statement. “They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind.”
Vice President JD Vance on Tuesday also dismissed concerns that the trading seen in the president’s account was creating the appearance of corruption by saying the question wasn’t objective and adding to reporters that “the president doesn’t sit at the Oval Office on his computer on his Robinhood account buying and selling stocks. That’s absurd.”
Trump’s criticisms of Disney stretch back years, from lambasting the company’s DEI initiatives to calling again last month for Jimmy Kimmel to “be immediately fired by Disney and ABC.”
Trump’s Federal Communications Commission (FCC) has launched an unusual early review of licenses for Disney-owned television stations.
Yet Trump’s brokerage account made 13 distinct trades of Disney stock during this period, including purchases of $100,000 to $250,000 in each of the three months of the quarter (the disclosure only indicates stock sales in broad ranges).
The President is also a prolific holder of banking sector stocks, even as he has repeatedly said the sector “debanked” him.
On January 22, Trump filed a lawsuit against JPMorgan and CEO Jamie Dimon, seeking $5 billion, alleging that the bank had denied him banking services for political reasons after the Jan. 6 attack on the United States Capitol.
Trump’s account traded the company’s stock heavily during this period, with 11 transactions worth between $500,000 and $1.2 million. The lawsuit, which the bank says has “no merit,” remains pending.
Trump has also often criticized Bank of America over the same debanking issue. As in the case of JPMorgan, his account has been an active trader of that company’s stock with nine transactions, the records show.
Another name that popped out of the filings was Netflix, with 17 trades worth at least $1.9 million.
At the time, the company was facing Trump’s ire. In a Truth Social post on February 22, he demanded that the company fire board member Susan Rice, a former Biden administration official, or “pay the consequences.”
Trump’s account purchased at least $250,000 in Netflix stock just days before that post.
