Casino Icon Caesars Entertainment Navigates Debt and Digital Transition as Progeny 3 Exits

2026-02-21 19:25:58 ET

According to a SEC filing dated February 17, 2026, Progeny 3, Inc. sold its entire holding of 1,872,400 shares in Caesars Entertainment (NASDAQ:CZR) . The estimated value of the transaction was $50.60 million, calculated using the average closing price for the quarter. The fund’s quarter-end position value in Caesars decreased by $50.60 million, reflecting both the sale and price movements over the period.

Progeny 3, Inc. sold out of Caesars; the position now represents n/a of 13F reportable assets under management

Top holdings after the filing:

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