# EDGAR Filing Document

**Accession Number:** 0001809930
**File Stem:** 0001085146-25-004374
**Filing Date:** 2025-7
**Character Count:** 10927
**Document Hash:** 23c9dc17c42dd9aaacc06056f06af149
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-004374.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0001085146-25-004374

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250731

**DATE AS OF CHANGE**: 20250731

**EFFECTIVENESS DATE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Anthracite Investment Company, Inc.
- **CENTRAL INDEX KEY:** 0001809930

**ORGANIZATION NAME:**
- **EIN:** 680520205
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23657
- **FILM NUMBER:** 251170837

**BUSINESS ADDRESS:**
- **STREET 1:** 640 TAYLOR STREET, SUITE 2400
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 817-639-2207

**MAIL ADDRESS:**
- **STREET 1:** 640 TAYLOR STREET, SUITE 2400
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Anthracite Investment Company Inc.<br>**Address:** 640 TAYLOR STREET SUITE 2400<br>FORT WORTH, TX 76102

**Form 13F File Number:** 028-23657

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** William B. Holloway Jr.<br>**Title:** Chief Operating Officer and Senior Managing Director<br>**Phone:** 817-639-2240

**Signature, Place, and Date of Signing:**

/s/William B. Holloway Jr.  Fort Worth, TX  07-31-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 64

**Form 13F Information Table Value Total:** $198419075

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 | BBG001T6GDX0 | 1911590 | 19000 | SH |  | SOLE |  | 19000 | 0 | 0 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 | BBG001T6GDY9 | 2088790 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 4757200 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ALAMOS GOLD INC NEW | COM CL A | 011532108 | BBG009HT65S0 | 2656000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 | BBG001SD52Y1 | 1039091 | 39751 | SH |  | SOLE |  | 39751 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 4229520 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 | BBG001TBMNT5 | 586320 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| AMPLIFY ETF TR | AMPLIFY JUNIOR S | 032108649 | BBG01L6XWL92 | 1480000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 | BBG00GBNZ4N9 | 379000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 4083453 | 1100 | SH |  | SOLE |  | 1100 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 2667363 | 5491 | SH |  | SOLE |  | 5491 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 | BBG008B5CF38 | 1152400 | 88104 | SH |  | SOLE |  | 88104 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | BBG001S6VV46 | 2986523 | 63100 | SH |  | SOLE |  | 63100 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 | BBG001S5Y5S6 | 6680700 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| CASEYS GEN STORES INC | COM | 147528103 | BBG001S5PHZ2 | 5663997 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| CIPHER MINING INC | COM | 17253J106 | BBG00XYHY0L1 | 162520 | 34000 | SH |  | SOLE |  | 34000 | 0 | 0 |
| DAKTRONICS INC | COM | 234264109 | BBG001S7N3Z1 | 6671156 | 441214 | SH |  | SOLE |  | 441214 | 0 | 0 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 | BBG005HJL932 | 316710 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| DOLLAR TREE INC | COM | 256746108 | BBG001S6ZGL6 | 396160 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 | BBG0134WCMB3 | 4203220 | 98000 | SH |  | SOLE |  | 98000 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 4940425 | 272500 | SH |  | SOLE |  | 272500 | 0 | 0 |
| FLUTTER ENTMT PLC | SHS | G3643J108 | BBG001S87K70 | 5715200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 3201200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| GLOBAL X FDS | GLBX MSCI COLUM | 37954Y327 | BBG001STWCQ3 | 471188 | 16338 | SH |  | SOLE |  | 16338 | 0 | 0 |
| GRIFOLS S A | SP ADR REP B NVT | 398438408 | BBG001V1HXJ9 | 783660 | 86688 | SH |  | SOLE |  | 86688 | 0 | 0 |
| GRINDR INC | COM | 39854F101 | BBG00YV3H7V6 | 3200360 | 140985 | SH |  | SOLE |  | 140985 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 | BBG001SQT2W8 | 1120938 | 10625 | SH |  | SOLE |  | 10625 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 | BBG001S5NWT8 | 1607340 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| GRUPO AEROPUERTO DEL PACIFIC | SPON ADS B | 400506101 | BBG001SJ6FD1 | 1434915 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 | BBG001S5RVC4 | 2296000 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 8808119 | 143900 | SH |  | SOLE |  | 143900 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 | BBG001SFN5N1 | 9433950 | 327000 | SH |  | SOLE |  | 327000 | 0 | 0 |
| ISHARES INC | MSCI EURZONE ETF | 464286608 | BBG001SFQPM5 | 463710 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| ISHARES INC | MSCI GERMANY ETF | 464286806 | BBG001S8SJC4 | 2284740 | 54000 | SH |  | SOLE |  | 54000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 6562000 | 200000 | SH | Call | SOLE |  | 200000 | 0 | 0 |
| ISHARES TR | MSCI INDONIA ETF | 46429B309 | BBG001S56QM7 | 352600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 | BBG001S5R0C2 | 1563000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 | BBG004XB9HZ5 | 2557585 | 74500 | SH |  | SOLE |  | 74500 | 0 | 0 |
| MARA HOLDINGS INC | COM | 565788106 | BBG001V0L7T2 | 156800 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 | BBG001SM32G3 | 4780329 | 1829 | SH |  | SOLE |  | 1829 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 1808583 | 3636 | SH |  | SOLE |  | 3636 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 | BBG001SFZ3S8 | 1508404 | 109942 | SH |  | SOLE |  | 109942 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 | BBG0035TJHL3 | 1545300 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| NEXGEN ENERGY LTD | COM | 65340P106 | BBG00334PFM6 | 9125316 | 1314887 | SH |  | SOLE |  | 1314887 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 | BBG001SDD8F0 | 6615896 | 41200 | SH |  | SOLE |  | 41200 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 5536752 | 30400 | SH |  | SOLE |  | 30400 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 | BBG00YRJF230 | 2931841 | 214003 | SH |  | SOLE |  | 214003 | 0 | 0 |
| REV GROUP INC | COM | 749527107 | BBG00CSG01X8 | 12014048 | 252449 | SH |  | SOLE |  | 252449 | 0 | 0 |
| RIOT PLATFORMS INC | COM | 767292105 | BBG001SDW128 | 154810 | 13700 | SH |  | SOLE |  | 13700 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 | BBG00RRGP4W4 | 180500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 320072 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | BBG003T4VFD1 | 5371380 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 | BBG016ZGFLP1 | 560781 | 11700 | SH |  | SOLE |  | 11700 | 0 | 0 |
| TASEKO MINES LTD | COM | 876511106 | BBG001S60ML1 | 2895404 | 919176 | SH |  | SOLE |  | 919176 | 0 | 0 |
| TAT TECHNOLOGIES LTD | ORD NEW | M8740S227 | BBG001S72GK1 | 4425002 | 144892 | SH |  | SOLE |  | 144892 | 0 | 0 |
| TERAWULF INC | COM | 88080T104 | BBG0122MC919 | 157680 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 | BBG004FPDP45 | 2000812 | 417706 | SH |  | SOLE |  | 417706 | 0 | 0 |
| TRANSPORTADORA DE GAS SUR | SPONSORED ADS B | 893870204 | BBG001S80GV9 | 945350 | 36500 | SH |  | SOLE |  | 36500 | 0 | 0 |
| UR-ENERGY INC | COM | 91688R108 | BBG001SKVFK2 | 1395114 | 1328680 | SH |  | SOLE |  | 1328680 | 0 | 0 |
| VALVOLINE INC | COM | 92047W101 | BBG003DNHV65 | 1779890 | 47000 | SH |  | SOLE |  | 47000 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 7965180 | 153000 | SH |  | SOLE |  | 153000 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 | BBG00DXDL6R0 | 6783350 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG001SKJ4K1 | 2875488 | 15400 | SH |  | SOLE |  | 15400 | 0 | 0 |
| WOODWARD INC | COM | 980745103 | BBG001S6YZC5 | 3676350 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |

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