Washington · Established 2026

The Potomac Ledger

Dossier

John Phelan

Secretary, Department of The Navy · disclosures May 20 – May 12

176Disclosures
No current committee — not screened
11%Late rate (20)
Avg mkt-adj 3 months
$104.3M – $269.5MDisclosed $ volume

Agency

Secretary, Department of The Navy

Disclosed trades

Disclosed trades by John Phelan, most recent first.
Disclosed Traded Action Ticker / Asset Amount Sector Flags
May 12 Mar 31 BUY Bear Lake Operations $250K–$500K
May 12 Mar 27 SELL Kingfish Investments X $1M–$5M
May 12 Mar 27 SELL Kingfish Investments V $250K–$500K
May 12 Mar 17 SELL Double Mako Investments $1M–$5M
May 12 Mar 17 SELL White Tip Investments $1M–$5M
May 12 Mar 13 SELL MSD Capital LP $1M–$5M
May 12 Mar 11 SELL MSD Special Investments Fund II L.P. $50K–$100K
May 12 Mar 30 BUY Valence8 PE 2025 Fund $1M–$5M
May 12 Mar 24 BUY HealthQuest Tactical Opportunities Fund L.P. $15K–$50K
May 12 Mar 31 BUY Cresta SC Fund I-A LP $15K–$50K
May 12 Mar 31 SELL Cresta Royalty Partners LP $15K–$50K
May 12 Mar 31 SELL Dawson Portfolio Finance 5 LP $15K–$50K
May 12 Mar 27 SELL $BDC MSD Investment (BDC) $250K–$500K Technology
May 12 Mar 23 BUY 26North BDC $100K–$250K
May 12 Mar 20 BUY Dawson Portfolio Finance LP $50K–$100K
May 12 Mar 12 SELL 26North BDC $15K–$50K
May 12 Mar 31 SELL RCG Ventures Fund VIII $1K–$15K
May 12 Mar 13 SELL MSD Partners L.P. $1M–$5M
May 12 Apr 10 SELL Kingfish Investments X $50K–$100K
May 12 Apr 10 SELL MSD Special Investments Fund L.P. $15K–$50K
May 12 Apr 20 BUY Valence8 PE 2025 Fund $250K–$500K
May 12 Apr 20 BUY Valence8 PE 2024 Fund $100K–$250K
May 12 Apr 13 SELL Valence8 Cayman LP $100K–$250K
May 12 Apr 10 BUY HealthQuest Tactical Opportunities Fund L.P. $15K–$50K
May 12 Apr 8 BUY RCP GP Fund II LP $100K–$250K
May 12 Apr 1 BUY Cresta Operating Partners (Non-Op Fund) LP $250K–$500K
May 12 Apr 1 BUY Cresta Royalty Partners II LP $50K–$100K
May 12 Apr 15 SELL Carriage House Investments LLP $500K–$1M
Mar 12 Feb 27 SELL MSD Hospitality Partners LP $50M–$50M
Mar 12 Feb 26 BUY Bear Lake Operations $250K–$500K
Mar 12 Feb 11 BUY MSD Special Investments Fund II LP $15K–$50K
Mar 12 Feb 11 BUY MSD EIV Private $50K–$100K
Mar 12 Feb 10 SELL MSD EIV Private $100K–$250K
Mar 12 Feb 9 BUY MSD Real Estate Credit Opportunity Fund II $100K–$250K
Mar 12 Feb 4 BUY Bear Lake Operations $100K–$250K
Mar 12 Feb 12 BUY HealthQuest Tactical Opportunities Fund LP $250K–$500K
Mar 12 Feb 26 SELL Dawson Portfolio Finance 5 LP $1K–$15K
Mar 12 Feb 13 SELL NFP Continuation Partners LP $250K–$500K
Mar 12 Feb 6 SELL SRP Continuation Partners LP $15K–$50K
Mar 12 Feb 23 SELL RCG Ventures Fund VIII $15K–$50K
Mar 12 Feb 11 SELL RCG Momentum LP $50K–$100K
Mar 12 Feb 19 SELL Caden Opportunity Fund $1M–$5M
Mar 12 Jan 29 SELL Kingfish Investments II $100K–$250K
Mar 12 Jan 27 SELL Rmdc $500K–$1M
Mar 12 Jan 26 SELL Kingfish Investments II $15K–$50K
Mar 12 Jan 20 BUY MSD Special Investments Fund II LP $50K–$100K
Mar 12 Jan 12 SELL Msd Lp $100K–$250K
Mar 12 Jan 5 SELL Kingfish Investments X $500K–$1M
Mar 12 Jan 29 BUY Vesper Muse $15K–$50K
Mar 12 Jan 28 BUY Turnbridge Equities Real Estate Fund II $100K–$250K

Showing 50 of 176 disclosures — full history in The Full Ledger (see the data dictionary).

Disclosures are drawn entirely from public STOCK Act and OGE Form 278-T filings; a conflict flag marks a trade in a sector the member's committee oversees (a signal to read, not a finding of wrongdoing). The average market-adjusted return is a descriptive summary of how these already-disclosed trades fared versus the market — it is not a prediction and not investment advice. Conflict screening compares trades only to the sectors a member's current committees oversee; members with no current committee seat (departed members, chamber leadership) aren't screened, so a 0 (or —) here is not an all-clear. See our methodology and data dictionary.

See how every flag is defined — and verify it against the original filings.

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