Progeny 3, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Progeny 3, Inc. reported 32 stock positions worth $1.3 billion. Its top holding was Cameco (CCJ) at 9.3% of the portfolio, followed by Par Technology (PAR, 7.6%) and Api (APG, 6.7%). Compared with Q3 2024, it opened 3 new positions, sold out of 5 and added to 17. The biggest buy was a new position in Blackstone Secured Lending F (BXSL) and the biggest sale an exit from Sterling Check (STER).
- Most Recent 13F
- Q2 2026
- Location
- KIRKLAND, WA
- CIK
- 0001536006
- Portfolio Value
- $1.3B (Q4 2024)
- SEC Filing
- 0000899140-25-000314 ↗ filed Feb 14, 2025
Holdings Value
Holdings 32 stocks · $1.3B
| CCJ Cameco Corp. | 9.26% | 2,268,132 | $116.6M | No change |
| PAR Par Technology Corp. | 7.63% | 1,320,858 | $96.0M | No change |
| APG Api Group Corp. | 6.75% | 2,360,525 | $84.9M | Add +2.7% |
| ARLP Alliance Resource Partners | 6.15% | 2,942,211 | $77.4M | Add +1.3% |
| BTU Peabody Energy Corp. | 6.02% | 3,620,014 | $75.8M | Add +1.1% |
| SSNC Ss&c Technologies Holdings | 5.96% | 989,200 | $75.0M | Add +26.6% |
| VOO Vanguard S&P 500 ETF | 5.36% | 125,200 | $67.5M | No change |
| EPD Enterprise Products Partners | 4.66% | 1,871,534 | $58.7M | Add +1.6% |
| TSLX Sixth Street Specialty Lendi | 4.05% | 2,390,680 | $50.9M | Add +6.1% |
| MPLX MPLX LP | 3.94% | 1,036,859 | $49.6M | Add +2.1% |
| ARCC Ares Capital Corp. | 3.70% | 2,125,718 | $46.5M | Add +2.2% |
| IVV iShares Core S&P 500 ETF | 3.68% | 78,769 | $46.4M | No change |
| GFL GFL Environmental Inc.-Sub VT | 3.60% | 1,018,300 | $45.4M | Add +14.0% |
| ET Energy Transfer LP | 3.59% | 2,307,785 | $45.2M | Add +1.9% |
| CZR Caesars Entertainment Inc. | 3.48% | 1,310,300 | $43.8M | Add +45.3% |
| DAKT Daktronics Inc. | 3.20% | 2,391,008 | $40.3M | Add +4.7% |
| IBKR Interactive Brokers Gro Class A | 2.33% | 166,000 | $29.3M | Add +30.7% |
| RICK Rci Hospitality Holdings Inc. | 2.10% | 460,968 | $26.5M | No change |
| BXSL Blackstone Secured Lending F | 1.93% | 753,483 | $24.3M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.92% | 53,239 | $24.1M | No change |
| AEM Agnico Eagle Mines Ltd. | 1.77% | 284,925 | $22.3M | Add +2.7% |
| TECK Teck Resources Ltd.-CLS B | 1.58% | 491,327 | $19.9M | Add +0.7% |
| TDW Tidewater Inc. | 1.50% | 344,639 | $18.9M | Add +13.3% |
| NRP Natural Resource Partners LP | 1.25% | 141,731 | $15.7M | New |
| AGI Alamos Gold Inc. Class A | 1.19% | 813,625 | $15.0M | Add +1.7% |
| AR Antero Resources Corp. | 1.06% | 382,400 | $13.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.93% | 138,000 | $11.7M | No change |
| FICO Fair Isaac Corp. | 0.58% | 3,645 | $7.3M | No change |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.46% | 374,000 | $5.7M | No change |
| HCC Warrior Met Coal Inc. | 0.26% | 60,035 | $3.3M | No change |
| LEGH Legacy Housing Corp. | 0.09% | 44,420 | $1.1M | No change |
| PRCH Porch Group Inc. | 0.03% | 68,830 | $339K | New |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| BXSL Blackstone Secured Lending F | New | 1.93% | +1.93 |
| NRP Natural Resource Partners LP | New | 1.25% | +1.25 |
| SSNC Ss&c Technologies Holdings | Add +26.6% | 5.96% | +1.08 |
| IBKR Interactive Brokers Gro Class A | Add +30.7% | 2.33% | +0.84 |
| DAKT Daktronics Inc. | Add +4.7% | 3.20% | +0.72 |
| GFL GFL Environmental Inc.-Sub VT | Add +14.0% | 3.60% | +0.61 |
| ET Energy Transfer LP | Add +1.9% | 3.59% | +0.54 |
| APG Api Group Corp. | Add +2.7% | 6.75% | +0.37 |
| CZR Caesars Entertainment Inc. | Add +45.3% | 3.48% | +0.32 |
| TSLX Sixth Street Specialty Lendi | Add +6.1% | 4.05% | +0.16 |
| EPD Enterprise Products Partners | Add +1.6% | 4.66% | +0.16 |
| MPLX MPLX LP | Add +2.1% | 3.94% | +0.15 |
| ARLP Alliance Resource Partners | Add +1.3% | 6.15% | +0.04 |
| ARCC Ares Capital Corp. | Add +2.2% | 3.70% | +0.04 |
| PRCH Porch Group Inc. | New | 0.03% | +0.03 |
| AEM Agnico Eagle Mines Ltd. | Add +2.7% | 1.77% | −0.11 |
| AGI Alamos Gold Inc. Class A | Add +1.7% | 1.19% | −0.15 |
| TDW Tidewater Inc. | Add +13.3% | 1.50% | −0.34 |
| TECK Teck Resources Ltd.-CLS B | Add +0.7% | 1.58% | −0.56 |
| BTU Peabody Energy Corp. | Add +1.1% | 6.02% | −1.96 |
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 |