JPFormer officialDeparted Apr 22, 2026Secretary of the Navy · Department of Defense - Department of the Navy
Phelan reported 43 sales (est. $86.1M) and 28 purchases (est. $7.2M). 2 of 71 transactions were filed late.
Last filing: Jun 5, 2026|Transactions: Mar 24, 2025 – Apr 20, 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 |
|---|---|---|---|---|
| Sep 15, 2025 | Two Roads Development LLC Loan | Sale | $1M-$5M | |
| Sep 11, 2025 | 26North BDC, Inc. | Sale | $15K-$50K | |
| Sep 10, 2025 | MSD EIV Private, LLC | Purchase | $100K-$250K |
Reviewed financial disclosure documents the Office of Government Ethics has published or recorded for John Phelan. 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 John Phelan's financial disclosures from major outlets.
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Phelan, founder of private investment firm Rugger Management LLC, was confirmed as Navy secretary by a 62-30 Senate vote.
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
| Sep 4, 2025 | Caden FLV, LLC | Sale | $15K-$50K |
| Sep 4, 2025 | HealthQuest Tactical Opportunities Fund, L.P. | Purchase | $15K-$50K |
| Sep 4, 2025 | NFP Continuation Partners, LP. | Sale | $250K-$500K |
| Sep 3, 2025 | RCG Ventures Fund VIII | Sale | $1K-$15K |
| Aug 29, 2025 | Dawson Portfolio Finance 5 LP | Sale | $15K-$50K |
| Aug 26, 2025 | HealthQuest Tactical Opportunities Fund | Sale | $250K-$500K |
| Aug 20, 2025 | Caden FLV, LLC | Sale | $500K-$1M |
| Aug 20, 2025 | MSD Real Estate Credit Opportunity Fund II | Sale | $50K-$100K |
| Aug 18, 2025 | SRP Continuation Partners LP | Sale | $100K-$250K |
| Aug 14, 2025 | RCG Momentum LP | Sale | $50K-$100K |
| Aug 14, 2025 | RCP GP Fund II LP | Purchase | $250K-$500K |
| Aug 12, 2025 | Turnbridge Real Estate Fund II | Purchase | $100K-$250K |
| Aug 1, 2025 | RCG Ventures Fund VIII | Sale | $15K-$50K |
| Jul 30, 2025 | Cresta SC Fund I-A LP | Sale | $50K-$100K |
| Jul 30, 2025 | Dawson Portfolio Finance 5 LP | Sale | $15K-$50K |
| Jul 30, 2025 | MSD Credit Opportunity Fund, L.P. | Sale | $100K-$250K |
| Jul 30, 2025 | MSD Hospitality Partners LP | Sale | $500K-$1M |
| Jul 28, 2025 | Cresta Royalty Partners LP | Purchase | $50K-$100K |
| Jul 28, 2025 | Kingfish Investments II, LLC | Purchase | $500K-$1M |
| Jul 28, 2025 | MSD EIV Private, LLC | Sale | $50K-$100K |
| Jul 23, 2025 | 26North Private Equity Fund I | Purchase | $100K-$250K |
| Jul 22, 2025 | Caden Long Equity Fund | Sale | $100K-$250K |
| Jul 21, 2025 | Valence8 PE 2022 Fund | Purchase | $50K-$100K |
| Jul 21, 2025 | Valence8 PE 2023 Fund | Purchase | $50K-$100K |
| Jul 18, 2025 | Cotulla Aviation LP | Sale | $50K-$100K |
| Jul 17, 2025 | HealthQuest Tactical Opportunities Fund, L.P. | Purchase | $15K-$50K |
| Jul 16, 2025 | Cresta Royalty Partners II LP | Purchase | $100K-$250K |
| Jul 16, 2025 | RSL Football Holdings LLC | Sale | $1M-$5M |
| Jul 15, 2025 | Kingfish Investments II, LLC | Sale | $250K-$500K |
| Jul 14, 2025 | Arcadia Gameto Investors LP | Purchase | $100K-$250K |
| Jul 10, 2025 | Highline Investors LLC | Purchase | $1M-$5M |
| Jul 9, 2025 | 12 South Investor JV, LLC | Purchase | $250K-$500K |
| Jun 30, 2025 | Dawson Portfolio Finance 5 LP | Sale | $1K-$15K |
| Jun 27, 2025 | MSD Investment Corp. (BDC) | Sale | $250K-$500K |
| Jun 24, 2025 | Dawson Portfolio Finance 5 LP | Purchase | $100K-$250K |
| Jun 24, 2025 | RCG Ventures Fund VIII | Sale | $1K-$15K |
| Jun 24, 2025 | TMG Haynesville Investors, LLC | Purchase | $100K-$250K |
| Jun 23, 2025 | Cresta Royalty Partners LP | Purchase | $50K-$100K |
| Jun 20, 2025 | Blue Owl Capital Inc. Class A Common StockLate | Sale | $5M-$25M |
| Jun 20, 2025 | TMG Monument Investors LLC | Sale | $100K-$250K |
| Jun 18, 2025 | MSD Special Investments Fund II | Purchase | $50K-$100K |
| Jun 16, 2025 | MSD EIV Private, LLC (JRK Investments III) | Purchase | $100K-$250K |
| Jun 16, 2025 | RCG Momentum, LP | Purchase | $100K-$250K |
| Jun 16, 2025 | TMG VCLR Investor, LLC | Purchase | $1K-$15K |
| Jun 12, 2025 | 26North BDC, Inc | Sale | $15K-$50K |
| Jun 12, 2025 | Kingfish Investments X, LLC | Sale | $100K-$250K |
| Jun 4, 2025 | SRP Continuation Partners, LPLate | Sale | $100K-$250K |
| Jun 2, 2025 | RCG Momentum, LPLate | Purchase | $250K-$500K |
| May 27, 2025 | Red Cell Incubation Fund LP | Sale | $500K-$1M |
| May 27, 2025 | Red Cell Partners | Sale | $1M-$5M |
| Apr 29, 2025 | Dawson Portfolio Finance 5 LP | Sale | $15K-$50K |
| Apr 29, 2025 | HealthQuest Tactical Opportunities Fund, L.P. | Purchase | $100K-$250K |
| Apr 21, 2025 | RCP GP Fund II, LP | Purchase | $100K-$250K |
| Apr 17, 2025 | RSL Football Holdings LLC | Sale | $1M-$5M |
| Apr 16, 2025 | HealthQuest Tactical Opportunities Fund, L.P. | Purchase | $15K-$50K |
| Apr 11, 2025 | Cotulla Aviation LP | Sale | $250K-$500K |
| Apr 7, 2025 | Red Cell Incubation Fund, LPLate | Purchase | $100K-$250K |
| Apr 4, 2025 | Kingfish Investments II, LLCLate | Sale | $1M-$5M |
| Apr 3, 2025 | TMG Monument Investors LCLLate | Sale | $15K-$50K |
| Mar 31, 2025 | Cresta SC Fund I-A LPLate | Sale | $50K-$100K |
| Mar 31, 2025 | Dawson Portfolio Finance 5 LPLate | Sale | $1K-$15K |
| Mar 31, 2025 | MSD Hospitality Partners LPLate | Sale | $1M-$5M |
| Mar 28, 2025 | 26North Private Equity Fund ILate | Purchase | $100K-$250K |
| Mar 28, 2025 | Kingfish Investments X, LLCLate | Sale | $1M-$5M |
| Mar 28, 2025 | MSD Credit Opportunity Fund, L.P.Late | Sale | $250K-$500K |
| Mar 28, 2025 | MSD Special Investments Fund IILate | Purchase | $15K-$50K |
| Mar 28, 2025 | RCG Ventures Fund VIII, LPLate | Purchase | $1M-$5M |
| Mar 27, 2025 | Cresta Royalty Partners LPLate | Sale | $15K-$50K |
| Mar 27, 2025 | MSD Investment Corp. (BDC)Late | Sale | $250K-$500K |
| Mar 26, 2025 | Kingfish Investments V, LLCLate | Sale | $1M-$5M |
| Mar 26, 2025 | Turnbridge Real Estate Fund IILate | Purchase | $250K-$500K |
| Mar 24, 2025 | Dawson Portfolio Finance 5 LPLate | Purchase | $100K-$250K |
| Mar 24, 2025 | MSD EIV Private, LLCLate | Purchase | $100K-$250K |
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
OGE-form certification by which John Phelan attested to having met the obligations in the Ethics Agreement. Marks Yes/No/N/A on standard sections (resignations, divestitures, periodic transaction reports filed, recusals, ethics briefing).
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) disclosing individual securities transactions over $1,000 during the reporting window. See PDF for the itemized transaction list.
Periodic transaction report (Form 278-T) recorded by OGE as pending final disposition. Itemized document is not publicly downloadable from the OGE portal; available via Form 201 request.
Periodic transaction report (Form 278-T) recorded by OGE as pending final disposition. Itemized document is not publicly downloadable from the OGE portal; available via Form 201 request.
Periodic transaction report (Form 278-T) recorded by OGE without a publicly downloadable PDF in this dataset. Itemized document is available via Form 201 request.
OGE-form certification by which John Phelan attested to having met the obligations in the Ethics Agreement. Marks Yes/No/N/A on standard sections (resignations, divestitures, periodic transaction reports filed, recusals, ethics briefing).
OGE-form certification by which John Phelan attested to having met the obligations in the Ethics Agreement. Marks Yes/No/N/A on standard sections (resignations, divestitures, periodic transaction reports filed, recusals, ethics briefing).
OGE-issued Certificate of Divestiture providing tax-deferral treatment for a specific qualifying divestiture. Document content is not publicly downloadable; available via Form 201 request from OGE.
Letter signed by John Phelan committing to specific divestitures, recusals and resignations to avoid conflicts of interest in the Secretary of the Navy role. See PDF for the full enumerated commitments.
Public financial disclosure filed before Senate confirmation. Lists assets, income sources, liabilities and outside positions held at time of nomination for the Secretary of the Navy role. See PDF for itemized holdings.
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.