Progeny 3, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Progeny 3, Inc. reported 26 stock positions worth $908.8 million. Its top holding was Cameco (CCJ) at 10.1% of the portfolio, followed by Peabody Energy (BTU, 9.4%) and Api (APG, 8.0%). Compared with Q4 2023, it opened 4 new positions, sold out of 1, added to 11 and reduced 3. The biggest buy was Energy Transfer (ET, shares +105%) and the biggest sale an exit from Wheaton Precious Metals (WPM).
- Most Recent 13F
- Q2 2026
- Location
- KIRKLAND, WA
- CIK
- 0001536006
- Portfolio Value
- $908.8M (Q1 2024)
- SEC Filing
- 0000899140-24-000614 ↗ filed May 15, 2024
Holdings Value
Holdings 26 stocks · $908.8M
| CCJ Cameco Corp. | 10.05% | 2,108,932 | $91.4M | No change |
| BTU Peabody Energy Corp. | 9.39% | 3,518,934 | $85.4M | Add +0.1% |
| APG Api Group Corp. | 8.00% | 1,850,825 | $72.7M | Add +1.8% |
| STER Sterling Check Corp. | 6.65% | 3,755,920 | $60.4M | Reduce -2.2% |
| VOO Vanguard S&P 500 ETF | 6.62% | 125,200 | $60.2M | No change |
| ARLP Alliance Resource Partners | 6.03% | 2,732,061 | $54.8M | Add +5.1% |
| EPD Enterprise Products Partners | 5.81% | 1,809,994 | $52.8M | Add +1.9% |
| TSLX Sixth Street Specialty Lendi | 4.68% | 1,985,870 | $42.6M | No change |
| PAR Par Technology Corp. | 4.68% | 1,191,048 | $42.5M | Add +47.1% |
| IVV iShares Core S&P 500 ETF | 4.56% | 78,769 | $41.4M | Reduce -19.9% |
| MPLX MPLX LP | 4.46% | 975,859 | $40.6M | Add +2.2% |
| ARCC Ares Capital Corp. | 4.34% | 1,895,241 | $39.5M | No change |
| ET Energy Transfer LP | 3.82% | 2,205,785 | $34.7M | Add +104.6% |
| SSNC Ss&c Technologies Holdings | 3.57% | 503,600 | $32.4M | Add +19.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.46% | 53,239 | $22.4M | No change |
| TECK Teck Resources Ltd.-CLS B | 2.46% | 487,807 | $22.3M | No change |
| TDW Tidewater Inc. | 2.45% | 242,300 | $22.3M | Add +1.6% |
| RICK Rci Hospitality Holdings Inc. | 2.38% | 373,136 | $21.6M | Add +69.9% |
| FNV Franco-Nevada Corp. | 1.72% | 131,100 | $15.6M | New |
| EQT Eqt Corp. | 1.29% | 317,111 | $11.8M | Reduce -26.7% |
| AR Antero Resources Corp. | 1.22% | 382,400 | $11.1M | Add +93.8% |
| BABA Alibaba Group Holding-SP ADR | 1.10% | 138,000 | $10.0M | New |
| DAKT Daktronics Inc. | 0.82% | 747,752 | $7.4M | New |
| GFL GFL Environmental Inc.-Sub VT | 0.55% | 144,950 | $5.0M | New |
| OVV Ovintiv Inc. | 0.51% | 90,095 | $4.7M | No change |
| HCC Warrior Met Coal Inc. | 0.36% | 54,235 | $3.3M | No change |
Portfolio Sells Q4 2023 → Q1 2024
Portfolio Buys Q4 2023 → Q1 2024
| ET Energy Transfer LP | Add +104.6% | 3.82% | +1.97 |
| FNV Franco-Nevada Corp. | New | 1.72% | +1.72 |
| BABA Alibaba Group Holding-SP ADR | New | 1.10% | +1.10 |
| DAKT Daktronics Inc. | New | 0.82% | +0.82 |
| AR Antero Resources Corp. | Add +93.8% | 1.22% | +0.67 |
| RICK Rci Hospitality Holdings Inc. | Add +69.9% | 2.38% | +0.58 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.55% | +0.55 |
| SSNC Ss&c Technologies Holdings | Add +19.5% | 3.57% | +0.37 |
| TDW Tidewater Inc. | Add +1.6% | 2.45% | +0.32 |
| PAR Par Technology Corp. | Add +47.1% | 4.68% | +0.31 |
| APG Api Group Corp. | Add +1.8% | 8.00% | +0.20 |
| MPLX MPLX LP | Add +2.2% | 4.46% | +0.12 |
| EPD Enterprise Products Partners | Add +1.9% | 5.81% | +0.01 |
| ARLP Alliance Resource Partners | Add +5.1% | 6.03% | −0.80 |
| BTU Peabody Energy Corp. | Add +0.1% | 9.39% | −1.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $1.9B | CCJ, IBKR, APG, TIC, IVV |
| Q1 2026 | 32 | $1.9B | CCJ, IBKR, APG, TIC, IVV |
| Q4 2025 | 37 | $1.9B | CCJ, TIC, IBKR, APG, SSNC |
| Q3 2025 | 34 | $1.9B | CCJ, TIC, IBKR, APG, SSNC |
| Q2 2025 | 30 | $1.8B | CCJ, TIC, APG, IBKR, PAR |
| Q1 2025 | 30 | $1.5B | TIC, CCJ, APG, GFL, ARLP |
| Q4 2024 | 32 | $1.3B | CCJ, PAR, APG, ARLP, BTU |
| Q3 2024 | 34 | $1.2B | CCJ, BTU, APG, ARLP, PAR |
| Q2 2024Amended | 29 | $1.0B | CCJ, BTU, APG, ARLP, VOO |
| Q1 2024 | 26 | $908.8M | CCJ, BTU, APG, STER, VOO |