Progeny 3
KIRKLAND, WAfiles as Progeny 3, Inc.
$1.9bn in 29 US stocks at the end of 30 June 2026. The top 10 are 60.6% of the money. It changed about 10.3% of the portfolio this quarter.
Value
$1.9bn
Stocks
29
Top 10 share
60.6%
Turnover
10.3%
What changed this quarter
New
Bought for the first time this quarter.
- ArchrockAROC2.2% of the fund
- Ascendis Pharma A/SASND<0.1% of the fund
Added
Bought more of a stock they already held.
- SS&C Technologies HoldingsSSNC4.3% of the fund+6%
- Amazon.comAMZN3.3% of the fund+8%
- PoolPOOL3.0% of the fund+93%
- Cellebrite DICLBT1.5% of the fund+77%
Cut
Sold some of their stake.
- PAR TechnologyPAR1.9% of the fund-2%
- Natural Resource Partners LPNRP1.1% of the fund-27%
Sold out
Sold their entire stake.
- GFL EnvironmentalGFL-100%
- Abivax SAABVX-100%
- VaxcytePCVX-100%
- Ascendis Pharma A/SASND-100%
- Crinetics PharmaceuticalsCRNX-100%
Holdings
- CamecoCCJ
- Share
- 12.4%
- Value
- $241m
- Shares
- 2,367,131
Held
- Ishares TRIVV
- Share
- 5.4%
- Value
- $104m
- Shares
- 139,069
Held
- Alliance Resource Partners LARLP
- Share
- 4.0%
- Value
- $78m
- Shares
- 3,248,264
Held
- Vanguard Index FDSVOO
- Share
- 3.7%
- Value
- $71m
- Shares
- 103,300
Held
- Mplx LPMPLX
- Share
- 3.0%
- Value
- $57m
- Shares
- 1,015,966
Held
- Energy Transfer L PET
- Share
- 2.7%
- Value
- $52m
- Shares
- 2,743,907
Held
- Agnico Eagle MinesAEM
- Share
- 2.3%
- Value
- $44m
- Shares
- 284,925
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CamecoCCJ | 12.4% | $241m | 2,367,131 | Held |
| Interactive Brokers GroupIBKR | 9.9% | $191m | 2,195,640 | Held |
| APi GroupAPG | 7.7% | $150m | 3,540,787 | Held |
| TIC SolutionsTIC | 6.5% | $126m | 15,562,990 | Held |
| Ishares TRIVV | 5.4% | $104m | 139,069 | Held |
| SS&C Technologies HoldingsSSNC | 4.3% | $83m | 1,332,900 | +6% |
| Alliance Resource Partners LARLP | 4.0% | $78m | 3,248,264 | Held |
| Vanguard Index FDSVOO | 3.7% | $71m | 103,300 | Held |
| Martin Marietta MaterialsMLM | 3.4% | $65m | 113,150 | Held |
| Solstice Advanced MaterialsSOLS | 3.3% | $65m | 731,100 | Held |
| Amazon.comAMZN | 3.3% | $64m | 270,600 | +8% |
| Enterprise Products Partners L.P.EPD | 3.2% | $62m | 1,686,131 | Held |
| PoolPOOL | 3.0% | $58m | 270,000 | +93% |
| Mplx LPMPLX | 3.0% | $57m | 1,015,966 | Held |
| DaktronicsDAKT | 2.8% | $54m | 2,746,408 | Held |
| EQTEQT | 2.8% | $54m | 1,009,400 | Held |
| PricesmartPSMT | 2.7% | $53m | 272,100 | Held |
| Energy Transfer L PET | 2.7% | $52m | 2,743,907 | Held |
| Agnico Eagle MinesAEM | 2.3% | $44m | 284,925 | Held |
| Sixth Street Specialty LendingTSLX | 2.2% | $43m | 2,476,398 | Held |
| ArchrockAROC | 2.2% | $42m | 1,041,625 | New |
| Ares CapitalARCC | 2.1% | $41m | 2,224,728 | Held |
| PAR TechnologyPAR | 1.9% | $37m | 2,124,058 | -2% |
| Cellebrite DICLBT | 1.5% | $29m | 2,000,000 | +77% |
| Berkshire HathawayBRK-B | 1.4% | $27m | 53,239 | Held |
| Natural Resource Partners LPNRP | 1.1% | $22m | 229,463 | -27% |
| Blackstone Secured Lending FundBXSL | 0.9% | $18m | 772,156 | Held |
| Warrior MET CoalHCC | 0.2% | $4m | 54,235 | Held |
| Ascendis Pharma A/SASND | <0.1% | $1m | 5,230 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 8.7% since 30 June 2025.
Where the money is
Materials21.4%
Technology14.2%
Financial services11.2%
Industrials10.7%
Retail & consumer8.8%
Utilities5.4%
Energy4.1%
Health care0.1%
Other24.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.