Progeny 3, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 16, 2024), Progeny 3, Inc. reported 29 stock positions worth $1.0 billion. Its top holding was Cameco (CCJ) at 9.9% of the portfolio, followed by Peabody Energy (BTU, 7.5%) and Api (APG, 6.7%). Compared with Q1 2024, it opened 4 new positions, sold out of 1, added to 13 and reduced 1. The biggest buy was GFL Environmental Inc.-Sub VT (GFL, shares +516%) and the biggest sale Sterling Check (STER, shares −14%).

Most Recent 13F
Q2 2026
Location
KIRKLAND, WA
CIK
0001536006
Portfolio Value
$1.0B (Q2 2024)
SEC Filing
0000899140-24-000904 ↗ filed Aug 16, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $908.8M Q1 2024 Q2 2024: $1.0B $1.0B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 29 stocks · $1.0B
CCJ Cameco Corp. 9.95% 2,108,932 $103.8M No change
BTU Peabody Energy Corp. 7.47% 3,523,734 $77.9M Add +0.1%
APG Api Group Corp. 6.68% 1,850,825 $69.6M No change
ARLP Alliance Resource Partners 6.58% 2,807,401 $68.7M Add +2.8%
VOO Vanguard S&P 500 ETF 6.00% 125,200 $62.6M No change
PAR Par Technology Corp. 5.96% 1,320,858 $62.2M Add +10.9%
EPD Enterprise Products Partners 5.08% 1,829,654 $53.0M Add +1.1%
STER Sterling Check Corp. 4.57% 3,222,912 $47.7M Reduce -14.2%
SSNC Ss&c Technologies Holdings 4.51% 751,600 $47.1M Add +49.3%
TSLX Sixth Street Specialty Lendi 4.17% 2,036,778 $43.5M Add +2.6%
IVV iShares Core S&P 500 ETF 4.13% 78,769 $43.1M No change
MPLX MPLX LP 4.06% 995,659 $42.4M Add +2.0%
ARCC Ares Capital Corp. 3.96% 1,983,594 $41.3M Add +4.7%
ET Energy Transfer LP 3.45% 2,221,385 $36.0M Add +0.7%
GFL GFL Environmental Inc.-Sub VT 3.33% 893,300 $34.8M Add +516.3%
DAKT Daktronics Inc. 2.40% 1,794,908 $25.0M Add +140.0%
TECK Teck Resources Ltd.-CLS B 2.24% 487,807 $23.4M No change
TDW Tidewater Inc. 2.21% 242,300 $23.1M No change
BRK.B Berkshire Hathaway Inc. Class B 2.08% 53,239 $21.7M No change
RICK Rci Hospitality Holdings Inc. 1.92% 460,968 $20.1M Add +23.5%
AEM Agnico Eagle Mines Ltd. 1.74% 277,535 $18.2M New
FNV Franco-Nevada Corp. 1.49% 131,100 $15.5M No change
AGI Alamos Gold Inc. Class A 1.20% 800,155 $12.5M New
AR Antero Resources Corp. 1.20% 382,400 $12.5M No change
EQT Eqt Corp. 1.13% 318,351 $11.8M Add +0.4%
TME Tencent Music Entertainm-ADR 1.10% 813,953 $11.4M New
BABA Alibaba Group Holding-SP ADR 0.95% 138,000 $9.9M No change
HCC Warrior Met Coal Inc. 0.33% 54,235 $3.4M No change
LEGH Legacy Housing Corp. 0.10% 44,420 $1.0M New

Portfolio Sells Q1 2024 → Q2 2024
STER Sterling Check Corp. Reduce -14.2% 4.57% −2.07
OVV Ovintiv Inc. Sold out 0.00% −0.51

Portfolio Buys Q1 2024 → Q2 2024
GFL GFL Environmental Inc.-Sub VT Add +516.3% 3.33% +2.78
AEM Agnico Eagle Mines Ltd. New 1.74% +1.74
DAKT Daktronics Inc. Add +140.0% 2.40% +1.58
PAR Par Technology Corp. Add +10.9% 5.96% +1.28
AGI Alamos Gold Inc. Class A New 1.20% +1.20
TME Tencent Music Entertainm-ADR New 1.10% +1.10
SSNC Ss&c Technologies Holdings Add +49.3% 4.51% +0.95
ARLP Alliance Resource Partners Add +2.8% 6.58% +0.55
LEGH Legacy Housing Corp. New 0.10% +0.10
EQT Eqt Corp. Add +0.4% 1.13% −0.17
ET Energy Transfer LP Add +0.7% 3.45% −0.36
ARCC Ares Capital Corp. Add +4.7% 3.96% −0.38
MPLX MPLX LP Add +2.0% 4.06% −0.40
RICK Rci Hospitality Holdings Inc. Add +23.5% 1.92% −0.46
TSLX Sixth Street Specialty Lendi Add +2.6% 4.17% −0.52
EPD Enterprise Products Partners Add +1.1% 5.08% −0.73
BTU Peabody Energy Corp. Add +0.1% 7.47% −1.92

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 29$1.9BCCJ, IBKR, APG, TIC, IVV
Q1 2026 32$1.9BCCJ, IBKR, APG, TIC, IVV
Q4 2025 37$1.9BCCJ, TIC, IBKR, APG, SSNC
Q3 2025 34$1.9BCCJ, TIC, IBKR, APG, SSNC
Q2 2025 30$1.8BCCJ, TIC, APG, IBKR, PAR
Q1 2025 30$1.5BTIC, CCJ, APG, GFL, ARLP
Q4 2024 32$1.3BCCJ, PAR, APG, ARLP, BTU
Q3 2024 34$1.2BCCJ, BTU, APG, ARLP, PAR
Q2 2024Amended 29$1.0BCCJ, BTU, APG, ARLP, VOO
Q1 2024 26$908.8MCCJ, BTU, APG, STER, VOO