Q4 2025 · 13F-HR
Progeny 3, Inc.holdings as filed
Filed 2026-02-17 · accession 0000899140-26-000258
$1.86B
Reported value
37
Positions
2025-12-31
Period end
The Brief · Progeny 3, Inc. · Q4 2025
AI · grounded in 13F
Progeny 3, Inc. exited its position in Caesars Entertainment Inc NE CZR, reducing its exposure by $50.6M. The fund also closed its position in Alamos Gold Inc New AGI for $28.4M and established a new position in Solstice Advanced Matls Inc SOLS worth $35.5M. Additionally, the fund increased its holdings in ComposeSecure Inc GPGI by 72% and EQT Corp EQT by 38.8%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 13321L108 | CCJ | CAMECO CORP | $214.7M | 11.6% | 2,347,131 | Common | SOLE |
| 00510N102 | TIC | TIC SOLUTIONS INC | $154.0M | 8.29% | 15,231,090 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $137.0M | 7.37% | 2,129,760 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $135.5M | 7.29% | 3,540,787 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $98.4M | 5.30% | 1,125,500 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $95.3M | 5.13% | 139,069 | Common | SOLE |
| 36168Q104 | GFL | GFL ENVIRONMENTAL INC | $87.7M | 4.72% | 2,042,010 | Common | SOLE |
| 01877R108 | ARLP | ALLIANCE RESOURCE PARTNERS L | $76.3M | 4.10% | 3,282,671 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $74.6M | 4.02% | 2,056,308 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $70.5M | 3.79% | 113,150 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $64.8M | 3.49% | 103,300 | Common | SOLE |
| 55336V100 | MPLX | MPLX LP | $56.5M | 3.04% | 1,058,959 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $56.0M | 3.02% | 1,747,306 | Common | SOLE |
| 234264109 | DAKT | DAKTRONICS INC | $54.3M | 2.92% | 2,746,408 | Common | SOLE |
| 83012A109 | TSLX | SIXTH STREET SPECIALTY LENDN | $53.8M | 2.90% | 2,476,398 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $52.1M | 2.80% | 971,800 | Common | SOLE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $48.3M | 2.60% | 284,925 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER LP | $47.4M | 2.55% | 2,875,485 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $45.0M | 2.42% | 2,224,728 | Common | SOLE |
| 83443Q103 | SOLS | SOLSTICE ADVANCED MATLS INC | $35.5M | 1.91% | 731,100 | Common | SOLE |
| 63900P608 | NRP | NATURAL RESOURCE PARTNERS L | $32.6M | 1.76% | 312,523 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $32.4M | 1.75% | 86,500 | Common | SOLE |
| 741511109 | PSMT | PRICESMART INC | $28.2M | 1.52% | 229,600 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $26.8M | 1.44% | 53,239 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $24.4M | 1.32% | 1,268,000 | Common | SOLE |
| 09261X102 | BXSL | BLACKSTONE SECD LENDING FD | $20.3M | 1.09% | 772,156 | Common | SOLE |
| 83418M103 | SEI | SOLARIS ENERGY INFRAS INC | $14.8M | 0.80% | 322,300 | Common | SOLE |
| 93627C101 | HCC | WARRIOR MET COAL INC | $4.8M | 0.26% | 54,235 | Common | SOLE |
| 47759T100 | JKS | JINKOSOLAR HLDG CO LTD | $3.1M | 0.17% | 119,000 | Common | SOLE |
| 23703Q203 | DQ | DAQO NEW ENERGY CORP | $3.1M | 0.16% | 103,400 | Common | SOLE |
| 704551100 | BTU | PEABODY ENGR CORP | $2.6M | 0.14% | 89,160 | Common | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $1.7M | 0.09% | 12,240 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $1.2M | 0.06% | 128,910 | Common | SOLE |
| 22663K107 | CRNX | CRINETICS PHARMACEUTICALS IN | $1.1M | 0.06% | 24,000 | Common | SOLE |
| 04351P101 | ASNDUSD | ASCENDIS PHARMA A/S | $1.1M | 0.06% | 5,230 | Common | SOLE |
| 92243G108 | PCVX | VAXCYTE INC | $1.1M | 0.06% | 23,300 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $1.1M | 0.06% | 54,500 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.