DBSecretary · Department of the Interior
Burgum reported 61 sales (est. $9.6M) and 60 purchases (est. $2.3M). Holdings included CIVIX, TEAM, MSFT, TFDXX, DUK, among others. Nearly all transactions (103 of 124) were filed late.
Last filing: May 21, 2026|Transactions: Jan 15, 2025 – Jan 27, 2026
This total aggregates every source filing listed below. Public trackers focused on a single disclosure may report smaller counts for the same official.
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One dot per disclosed trade, sized by amount. Red = sale, green = purchase.
| Date | Description | Type | Amount | Source |
|---|---|---|---|---|
| Feb 12, 2025 | FedFund Institutional SharesLate | Purchase | $1K-$15K | |
| Feb 10, 2025 | FedFund Institutional SharesLate | Purchase | $1K-$15K | |
| Feb 10, 2025 | NAPA CALIF WTR REV REFLate |
Reviewed financial disclosure documents the Office of Government Ethics has published or recorded for Doug Burgum. Open Cabinet summarizes listed documents observationally and links to the source PDF where one is publicly available. We do not issue compliance verdicts — that is OGE’s role, not ours.
Published reporting on Douglas J Burgum's financial disclosures from major outlets.
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Burgum did not disclose oil and gas interests until seven years into his governorship. He voted ~20 times on issues related to his financial interests.
E&E reported that Burgum's OGE financial disclosure and ethics agreement showed more than $2 million in income from family businesses and investments before his Interior confirmation hearing.
Original PDFs from the U.S. Office of Government Ethics. These are the documents Open Cabinet parses.
Source: U.S. Office of Government Ethics, 278-T Periodic Transaction Report. Asset values and transaction amounts are reported in ranges as required by federal law. View original filings
| Sale |
| $1K-$15K |
| Feb 7, 2025 | FedFund Institutional SharesLate | Purchase | $50K-$100K |
| Feb 6, 2025 | Xcel Energy, Inc.Late | Sale | $15K-$50K |
| Feb 5, 2025 | Adobe, Inc.Late | Sale | $15K-$50K |
| Feb 5, 2025 | Alphabet, Inc.Late | Sale | $15K-$50K |
| Feb 5, 2025 | Apple, Inc.Late | Sale | $15K-$50K |
| Feb 5, 2025 | ARLINGTON HEIGHTS ILLLate | Sale | $1K-$15K |
| Feb 5, 2025 | CALHOUN CNTY ALA BRD EDLate | Sale | $1K-$15K |
| Feb 5, 2025 | FedFund Institutional SharesLate | Purchase | $100K-$250K |
| Feb 5, 2025 | First Solar, Inc.Late | Sale | $1K-$15K |
| Feb 5, 2025 | FLORESVILLE TEX INDPT SCHLate | Sale | $1K-$15K |
| Feb 5, 2025 | iShares Russell Mid-Cap Growth ETFLate | Purchase | $50K-$100K |
| Feb 5, 2025 | JPMorgan Chase & Co.Late | Sale | $15K-$50K |
| Feb 5, 2025 | Meta Platforms Inc. Class A Common StockLate | Sale | $1K-$15K |
| Feb 5, 2025 | Netflix, Inc.Late | Sale | $15K-$50K |
| Feb 5, 2025 | SPDR Portfolio S&P 500 Growth ETFLate | Purchase | $50K-$100K |
| Feb 5, 2025 | SPDR S&P 500 ETF TrustLate | Purchase | $50K-$100K |
| Feb 5, 2025 | Stryker Corp.Late | Sale | $15K-$50K |
| Feb 5, 2025 | UnitedHealth Group, Inc.Late | Sale | $1K-$15K |
| Feb 5, 2025 | Visa, Inc.Late | Sale | $15K-$50K |
| Feb 4, 2025 | Duke Energy Corp.Late | Sale | $1K-$15K |
| Feb 4, 2025 | Enterprise Products Partners L.P. Common StockLate | Sale | $50K-$100K |
| Feb 4, 2025 | FedFund Institutional SharesLate | Sale | $50K-$100K |
| Feb 4, 2025 | Kinder Morgan, Inc.Late | Sale | $1K-$15K |
| Feb 4, 2025 | ONEOK, Inc.Late | Sale | $1K-$15K |
| Feb 4, 2025 | Otter Tail Corp.Late | Sale | $1K-$15K |
| Feb 4, 2025 | Targa Resources Corp.Late | Sale | $15K-$50K |
| Feb 4, 2025 | VanEck Vectors Gold Miners ETFLate | Sale | $15K-$50K |
| Feb 4, 2025 | Verizon Communications, Inc.Late | Sale | $1K-$15K |
| Feb 3, 2025 | FedFund Institutional SharesLate | Purchase | $50K-$100K |
| Jan 31, 2025 | Atlassian Corporation Plc Class A Ordinary SharesLate | Sale | $15K-$50K |
| Jan 31, 2025 | Atlassian Corporation Plc Class A Ordinary SharesLate | Sale | $1M-$5M |
| Jan 31, 2025 | Microsoft Corp.Late | Sale | $500K-$1M |
| Jan 27, 2025 | Arthur Ventures Growth I, LP - ProtenusLate | Sale | $50K-$100K |
| Jan 24, 2025 | Arthur Ventures GP I, LLC - Protenus, Inc.Late | Sale | $50K-$100K |
| Jan 24, 2025 | Arthur Ventures Growth I, LP - ProtenusLate | Sale | $50K-$100K |
| Jan 24, 2025 | Arthur Ventures I, LP - ProtenusLate | Sale | $1K-$15K |
| Jan 24, 2025 | Arthur Ventures I, LP - Protenus, IncLate | Sale | $500K-$1M |
| Jan 21, 2025 | Arthur Ventures V, LPLate | Purchase | $100K-$250K |
| Jan 16, 2025 | Causeway International Value Fund Institutional Class SharesLate | Purchase | $1K-$15K |
| Jan 15, 2025 | Arthur Ventures V, LPLate | Purchase | $1K-$15K |
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Signed November 13, 2025 covering a single trading day. Three October 24, 2025 transactions: a Costco (COST) sale, an iShares Russell 1000 Growth ETF (IWF) purchase, and a Schwab Treasury Obligations Money Fund (SNOXX) sale, each in the $1,001-$15,000 range.
Signed September 18, 2025 with a 51-day extension. Discloses 14 Arthur Ventures fund transactions in July, August and September 2025 — capital-call commitments to Arthur Ventures V and Arthur Ventures Growth IV, plus Q2 portfolio activity (Zizzle Health, Senior Sign, GivingData/Foundant Technologies sale-and-exchange, Office Puzzle Holdings, CertifID). Several individual line items reach the $100K-$250K range.
Signed June 12, 2025 covering May and June activity. Discloses 10 transactions, mostly spouse and Arthur Ventures fund activity: GQG Partners and Goldman Sachs international fund purchases, Arthur Ventures II Jane Software sale ($1M-$5M), Arthur Ventures III GivingData/Foundant Technologies sale-and-exchange ($250K-$500K each), and an SPDR S&P 500 ETF purchase.
Signed April 30, 2025 with a 75-day filing extension. Discloses 65 transactions from January through April 2025 covering the divestitures listed in the ethics agreement (Meta, Netflix, Alphabet, Apple, First Solar, Adobe, JPMorgan, Microsoft, Stryker, UnitedHealth, Visa, Atlassian) plus reinvestment into S&P 500 ETFs and a wider mutual-fund portfolio. Includes Arthur Ventures interest sales tied to Protenus and Threatlocker (one valued $500K-$1M, another $1M-$5M). Most transactions are flagged Yes for notification received over 30 days ago.
Filed before the May 7, 2025 OGE deadline. Marks Yes on resignations, divestitures, 278-T filing (referencing the April 30, 2025 transaction report), managed accounts, interim recusals, and both recusal commitments. Marks Yes on a 5 C.F.R. 2635.502(d) authorization dated February 3, 2025 covering the State of North Dakota; no 18 U.S.C. 208 waiver claimed.
Filed January 13, 2025 ahead of confirmation as Interior Secretary. Lists 21 outside positions, the bulk tied to Burgum's Fargo-based holdings (Arthur Ventures venture-capital funds, Kilbourne Group real estate, multiple family LLCs and trusts). Top employment-asset holdings include Arthur Ventures Growth I/III/IV venture-capital funds (each in the $250K-$1M range) and individual stocks in Meta, Netflix, Alphabet, Apple, Adobe, JPMorgan, Microsoft, First Solar and Stryker.
Signed January 13, 2025. Commits to resign from Arthur Companies and become non-managing member of 8 Fargo LLCs (Arthur Ventures GP I, Arthur Ventures Growth Fund, Scoria Road, Lone View, Badlands Media, Kilbourne Group, Kilbourne LLC, Loretta, District 29, Blazing Starr, Tallgrass Studio, Downtown Fargo Real Estate Fund). Pledges to divest within 90 days of confirmation: Meta, Netflix, Alphabet, Apple, First Solar, Adobe, Microsoft, Stryker, Visa, Atlassian, Duke Energy, Enterprise Products Partners, Kinder Morgan, ONEOK, Otter Tail, Targa Resources, VanEck Gold Miners ETF, Verizon, Xcel Energy, plus Burgum Farm Partnership mineral interests and Laurel Road LLC oil/gas lease.
Source: U.S. Office of Government Ethics public disclosure portal. Document summaries are observational and do not constitute compliance determinations. Compliance with ethics agreements is certified by OGE in their own Compliance Certification document, which is listed above when on file.