Instuitional Investor - Progeny 3, Inc.

Filing Period:
No. Security Ticker Shares Value % Port
1. CCJ 2,108,932 $90,894,969 11.27%
2. BTU 3,514,834 $85,480,763 10.6%
3. APG 1,818,125 $62,907,125 7.8%
4. ARLP 2,599,431 $55,055,949 6.82%
5.
Vanguard Index Fds
125,200 $54,687,360 6.78%