Progeny 3, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Progeny 3, Inc. reported 30 stock positions worth $1.8 billion. Its top holding was Cameco (CCJ) at 10.2% of the portfolio, followed by Tic Solutions (TIC, 9.3%) and Api (APG, 6.8%). Compared with Q1 2025, it added to 17 and reduced 2. The biggest buy was Cameco (CCJ, shares +5%) and the biggest sale Rci Hospitality (RICK, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- KIRKLAND, WA
- CIK
- 0001536006
- Portfolio Value
- $1.8B (Q2 2025)
- SEC Filing
- 0000899140-25-000999 ↗ filed Aug 14, 2025
Holdings Value
Holdings 30 stocks · $1.8B
| CCJ Cameco Corp. | 10.17% | 2,442,732 | $181.3M | Add +5.4% |
| TIC Tic Solutions Inc. filed as ACUREN CORP | 9.31% | 15,000,000 | $166.0M | No change |
| APG Api Group Corp. | 6.76% | 2,360,525 | $120.5M | No change |
| IBKR Interactive Brokers Gro Class A | 6.61% | 2,126,460 | $117.8M | Add +64.1% |
| PAR Par Technology Corp. | 5.77% | 1,482,395 | $102.8M | Add +12.0% |
| SSNC Ss&c Technologies Holdings | 5.23% | 1,125,500 | $93.2M | Add +13.8% |
| GFL GFL Environmental Inc.-Sub VT | 5.19% | 1,831,400 | $92.4M | Add +6.7% |
| IVV iShares Core S&P 500 ETF | 4.84% | 139,069 | $86.3M | Add +76.5% |
| ARLP Alliance Resource Partners | 4.49% | 3,062,981 | $80.1M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 3.99% | 125,200 | $71.1M | No change |
| MLM Martin Marietta Materials | 3.49% | 113,150 | $62.1M | Add +51.7% |
| TSLX Sixth Street Specialty Lendi | 3.31% | 2,476,398 | $59.0M | Add +1.0% |
| EPD Enterprise Products Partners | 3.30% | 1,895,024 | $58.8M | Add +0.4% |
| MPLX MPLX LP | 3.06% | 1,060,459 | $54.6M | Add +0.5% |
| BTU Peabody Energy Corp. | 2.95% | 3,916,934 | $52.6M | Add +0.5% |
| ET Energy Transfer LP | 2.79% | 2,742,885 | $49.7M | Add +17.0% |
| CZR Caesars Entertainment Inc. | 2.72% | 1,707,600 | $48.5M | Add +30.3% |
| ARCC Ares Capital Corp. | 2.62% | 2,125,718 | $46.7M | No change |
| DAKT Daktronics Inc. | 2.25% | 2,650,037 | $40.1M | Add +7.3% |
| AEM Agnico Eagle Mines Ltd. | 1.90% | 284,925 | $33.9M | No change |
| NRP Natural Resource Partners LP | 1.62% | 302,550 | $28.9M | Add +4.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.45% | 53,239 | $25.9M | No change |
| BXSL Blackstone Secured Lending F | 1.33% | 772,156 | $23.7M | No change |
| AGI Alamos Gold Inc. Class A | 1.21% | 813,625 | $21.6M | No change |
| TECK Teck Resources Ltd.-CLS B | 1.11% | 491,327 | $19.8M | No change |
| RICK Rci Hospitality Holdings Inc. | 0.87% | 408,605 | $15.6M | Reduce -11.4% |
| AR Antero Resources Corp. | 0.86% | 382,400 | $15.4M | No change |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.58% | 737,000 | $10.4M | No change |
| HCC Warrior Met Coal Inc. | 0.14% | 54,235 | $2.5M | Reduce -9.7% |
| PRCH Porch Group Inc. | 0.06% | 83,710 | $987K | Add +6.0% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| CCJ Cameco Corp. | Add +5.4% | 10.17% | +3.61 |
| IBKR Interactive Brokers Gro Class A | Add +64.1% | 6.61% | +2.92 |
| IVV iShares Core S&P 500 ETF | Add +76.5% | 4.84% | +1.80 |
| MLM Martin Marietta Materials | Add +51.7% | 3.49% | +1.03 |
| CZR Caesars Entertainment Inc. | Add +30.3% | 2.72% | +0.47 |
| PAR Par Technology Corp. | Add +12.0% | 5.77% | +0.18 |
| DAKT Daktronics Inc. | Add +7.3% | 2.25% | +0.18 |
| PRCH Porch Group Inc. | Add +6.0% | 0.06% | +0.02 |
| ET Energy Transfer LP | Add +17.0% | 2.79% | −0.21 |
| NRP Natural Resource Partners LP | Add +4.3% | 1.62% | −0.45 |
| SSNC Ss&c Technologies Holdings | Add +13.8% | 5.23% | −0.46 |
| TSLX Sixth Street Specialty Lendi | Add +1.0% | 3.31% | −0.47 |
| GFL GFL Environmental Inc.-Sub VT | Add +6.7% | 5.19% | −0.52 |
| BTU Peabody Energy Corp. | Add +0.5% | 2.95% | −0.69 |
| MPLX MPLX LP | Add +0.5% | 3.06% | −0.82 |
| EPD Enterprise Products Partners | Add +0.4% | 3.30% | −1.14 |
| ARLP Alliance Resource Partners | Add +0.9% | 4.49% | −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 |