Skylands Capital, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Skylands Capital, LLC reported 152 stock positions worth $723.9 million. Its top holding was Union Pacific (UNP) at 7.4% of the portfolio, followed by Arch Resources (ARCH, 5.6%) and Apple (AAPL, 4.8%). Compared with Q4 2023, it opened 12 new positions, sold out of 4, added to 41 and reduced 75. The biggest buy was a new position in Archer-Daniels-Midland (ADM) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
Milwaukee, WI
CIK
0001299910
Portfolio Value
$723.9M (Q1 2024)
SEC Filing
0001821268-24-000074 ↗ filed May 3, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $723.9M $723.9M Q1 2024 Q2 2024: $705.4M Q2 2024 Q3 2024: $737.1M Q3 2024 Q4 2024: $715.8M Q4 2024 Q1 2025: $692.7M Q1 2025 Q2 2025: $689.5M Q2 2025 Q3 2025: $723.5M Q3 2025 Q4 2025: $737.1M Q4 2025 Q1 2026: $763.0M Q1 2026 Q2 2026: $813.9M Q2 2026

Holdings 152 stocks · $723.9M
UNP Union Pacific Corp. 7.36% 216,550 $53.3M Reduce -1.7%
ARCH Arch Resources Inc. 5.62% 253,005 $40.7M Reduce -0.4%
AAPL Apple Inc. 4.76% 201,125 $34.5M Reduce -1.8%
GM General Motors Co. 4.38% 699,600 $31.7M Reduce -5.5%
GOOGL Alphabet Inc. Class A 3.77% 180,825 $27.3M Add +8.4%
CCI Crown Castle Inc. 3.60% 246,525 $26.1M Reduce -6.1%
BECN Beacon Roofing Supply Inc. 3.16% 233,167 $22.9M Reduce -0.6%
OSK Oshkosh Corp. 2.76% 160,100 $20.0M Add +1.9%
OC Owens Corning 2.30% 99,895 $16.7M Reduce -1.4%
FMC FMC Corp. 1.81% 205,150 $13.1M Add +12.4%
HIBB Hibbett Inc. 1.79% 169,100 $13.0M Reduce -8.2%
V Visa Inc. Class A 1.74% 45,155 $12.6M Reduce -7.0%
NSC Norfolk Southern Corp. 1.63% 46,180 $11.8M Reduce -4.3%
EXP Eagle Materials Inc. 1.62% 43,105 $11.7M Reduce -4.1%
WAB Wabtec Corp. 1.59% 79,200 $11.5M Reduce -0.2%
TMUS T-Mobile US Inc. 1.53% 67,850 $11.1M Reduce -14.6%
CMCO Columbus McKinnon Corp. 1.50% 243,396 $10.9M Reduce -0.1%
COHR Coherent Corp. 1.49% 178,389 $10.8M Reduce -6.6%
BMY Bristol-Myers Squibb Co. 1.41% 188,650 $10.2M Add +5.4%
JPM JPMorgan Chase & Co. 1.36% 49,315 $9.9M Reduce -12.6%
GEHC GE Healthcare Technology 1.34% 107,075 $9.7M Reduce -4.4%
RTX RTX Corp. 1.33% 98,783 $9.6M Reduce -1.7%
JYNT The Joint Corp. 1.24% 689,030 $9.0M Add +14.2%
LOPE Grand Canyon Education Inc. 1.19% 63,027 $8.6M Reduce -0.3%
ENS Enersys 1.14% 87,705 $8.3M Add +3.8%
AMT American Tower Corp. 1.14% 41,745 $8.2M Add +26.3%
XLE SS Energy Select Sector 1.13% 86,525 $8.2M Add +7.5%
WMB Williams Cos Inc. 1.10% 205,125 $8.0M Reduce -3.1%
C Citigroup Inc. 1.03% 118,250 $7.5M Reduce -7.7%
DBD Diebold Nixdorf Inc. 0.97% 203,100 $7.0M Add +48.4%
PXD Pioneer Natural Resources Co. 0.93% 25,750 $6.8M Reduce -11.4%
CSX CSX Corp. 0.91% 178,250 $6.6M Reduce -9.3%
GLD SPDR Gold Shares 0.89% 31,375 $6.5M Reduce -23.4%
QDEL Quidelortho Corp. 0.88% 133,300 $6.4M Add +44.2%
GPK Graphic Packaging Holding Co. 0.84% 207,800 $6.1M Reduce -12.8%
META Meta Platforms Inc. Class A 0.81% 12,115 $5.9M Reduce -30.8%
SBAC SBA Communications Corp. 0.79% 26,550 $5.8M Add +116.7%
ON On Semiconductor 0.78% 76,745 $5.6M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.77% 45,325 $5.5M Reduce -5.1%
CCOI Cogent Communications Holdin 0.75% 82,900 $5.4M Add +3.8%
JOUT Johnson Outdoors Inc. Class A 0.72% 112,700 $5.2M Add +18.1%
IRDM Iridium Communications Inc. 0.70% 193,138 $5.1M Add +109.6%
LECO Lincoln Electric Holdings 0.66% 18,580 $4.7M Reduce -5.3%
WSC Willscot Holdings Corp. 0.65% 100,475 $4.7M Reduce -15.8%
LOVE The Lovesac Co. 0.64% 205,540 $4.6M Add +14.8%
B Barrick Gold Corp. 0.63% 273,400 $4.5M Add +15.6%
MLM Martin Marietta Materials 0.63% 7,410 $4.5M Reduce -5.1%
SSNC Ss&c Technologies Holdings 0.60% 67,425 $4.3M Reduce -3.5%
ELAN Elanco Animal Health Inc. 0.57% 252,500 $4.1M Reduce -28.7%
GNRC Generac Holdings Inc. 0.55% 31,795 $4.0M Add +11.5%
HAL Halliburton Co. 0.54% 99,400 $3.9M Add +22.0%
OXY Occidental Petroleum Corp. 0.54% 60,234 $3.9M Reduce -2.7%
PTEN Patterson-Uti Energy Inc. 0.52% 318,060 $3.8M Reduce -12.1%
HLLY Holley Inc. 0.50% 816,926 $3.6M Add +38.6%
AEM Agnico Eagle Mines Ltd. 0.49% 59,925 $3.6M Reduce -5.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.47% 90,250 $3.4M Reduce -1.1%
OSIS Osi Systems Inc. 0.46% 23,299 $3.3M Add +116.7%
MP MP Materials Corp. 0.45% 229,400 $3.3M Reduce -18.4%
AMZN Amazon.com Inc. 0.45% 18,100 $3.3M Reduce -3.0%
MTX Minerals Technologies Inc. 0.44% 42,300 $3.2M Add +18.2%
CBOE Cboe Global Markets Inc. 0.43% 17,000 $3.1M Reduce -12.3%
PLAB Photronics Inc. 0.43% 109,100 $3.1M Reduce -0.1%
ADM Archer-Daniels-Midland Co. 0.43% 49,050 $3.1M New
SIMO Silicon Motion Technol-ADR 0.41% 38,900 $3.0M Reduce -7.6%
TRGP Targa Resources Corp. 0.40% 25,950 $2.9M Add +7.2%
UPS United Parcel Service Class B 0.40% 19,425 $2.9M Add +44.3%
NEM Newmont Corp. 0.39% 78,700 $2.8M Add +59.5%
CTSO Cytosorbents Corp. 0.38% 2,875,552 $2.7M Reduce -11.6%
XOP SS SPDR S&P Og Exp & Prod 0.38% 17,550 $2.7M New
FDX FedEx Corp. 0.37% 9,225 $2.7M Add +32.3%
GBX Greenbrier Companies Inc. 0.34% 47,750 $2.5M Reduce -15.3%
BOOT Boot Barn Holdings Inc. 0.34% 25,634 $2.4M Reduce -20.8%
EWJ iShares MSCI Japan ETF 0.33% 33,900 $2.4M New
SCHW Schwab (charles) Corp. 0.33% 33,350 $2.4M Reduce -13.0%
QRHC Quest Resource Holding Corp. 0.31% 257,634 $2.2M Reduce -8.2%
APD Air Products & Chemicals Inc. 0.28% 8,425 $2.0M New
SONY Sony Group Corp. - SP ADR 0.28% 23,700 $2.0M New
MODVQ Modivcare Inc. 0.28% 85,500 $2.0M Add +182.2%
KOP Koppers Holdings Inc. 0.26% 33,600 $1.9M Reduce -26.0%
HLIT Harmonic Inc. 0.25% 136,100 $1.8M Reduce -8.7%
XPER Xperi Inc. 0.25% 148,625 $1.8M Add +13.8%
UHAL.B U-Haul Holding Co.-Non Voting 0.25% 26,645 $1.8M Add +28.1%
GTN Gray Media Inc. filed as GRAY TELEVISION INC 0.24% 275,800 $1.7M Add +6.9%
GENK Gen Restaurant Group Inc. 0.24% 147,400 $1.7M Add +1345.1%
NPKI NPK International Inc. filed as NEWPARK RES INC 0.23% 233,500 $1.7M Add +36.4%
MCFT Mastercraft Boat Holdings Inc. 0.23% 70,300 $1.7M Reduce -21.4%
SPGI S&P Global Inc. 0.22% 3,825 $1.6M Reduce -1.3%
DBI Designer Brands Inc. Class A 0.22% 146,800 $1.6M Reduce -39.4%
GOOG Alphabet Inc. Class C 0.20% 9,500 $1.4M No change
BLK BlackRock Finance Inc. 0.20% 1,700 $1.4M Reduce -32.7%
HLMN Hillman Solutions Corp. 0.19% 132,350 $1.4M Reduce -39.1%
NVEE NV5 Global Inc. 0.17% 12,675 $1.2M Reduce -8.6%
SRCL Stericycle Inc. 0.16% 22,600 $1.2M New
TDG Transdigm Group Inc. 0.16% 965 $1.2M No change
ADEA Adeia Inc. 0.16% 104,133 $1.1M New
VNT Vontier Corp. 0.16% 25,000 $1.1M Reduce -20.6%
CRWS Crown Crafts Inc. 0.15% 217,048 $1.1M Reduce -25.3%
LUNA Luna Innovations Inc. 0.15% 339,435 $1.1M Add +41.6%
ASTE Astec Industries Inc. 0.15% 24,200 $1.1M Add +275.2%
CME Cme Group Inc. 0.14% 4,675 $1.0M Reduce -49.5%
WIRE Encore Wire Corp. 0.13% 3,650 $959K Reduce -1.4%
DENN Denny's Corp. 0.13% 106,300 $952K Add +6.5%
WTFC Wintrust Financial Corp. 0.13% 9,100 $950K Reduce -1.1%
RJF Raymond James Financial Inc. 0.13% 7,387 $949K Reduce -1.2%
BC Brunswick Corp. 0.12% 9,325 $900K No change
EA Electronic Arts Inc. 0.12% 6,750 $896K Add +5.5%
BBY Best Buy Co. Inc. 0.12% 10,450 $857K Add +41.2%
NATR Natures Sunshine Prods Inc. 0.12% 40,520 $842K Add +79.3%
WBA Walgreens Boots Alliance Inc. 0.12% 38,500 $835K Add +108.1%
BRK.B Berkshire Hathaway Inc. Class B 0.11% 1,950 $820K Reduce -2.5%
BTMD Biote Corp. Class A 0.09% 118,116 $685K Add +72.4%
MA Mastercard Inc. Class A 0.09% 1,300 $626K Reduce -1.9%
TWIN Twin Disc Inc. 0.08% 35,300 $584K Reduce -38.5%
GATX Gatx Corp. 0.08% 4,270 $572K No change
BERY Berry Global Group Inc. 0.07% 8,650 $523K Add +86.0%
ASUR Asure Software Inc. 0.07% 64,800 $504K Reduce -16.9%
NVDA Nvidia Corp. 0.06% 500 $452K New
HI Hillenbrand Inc. 0.06% 8,800 $443K Reduce -43.4%
SPWH Sportsman's Warehouse Holdin 0.06% 134,200 $417K Add +73.6%
MATW Matthews Intl Corp. Class A 0.05% 11,200 $348K Reduce -30.9%
CMP Compass Minerals Internation 0.05% 21,200 $334K New
QQQ Invesco QQQ Trust Series 1 0.05% 750 $333K No change
CCJ Cameco Corp. 0.04% 7,500 $325K New
ICE Intercontinental Exchange Inc. 0.04% 2,350 $323K Reduce -31.9%
MSFT Microsoft Corp. 0.04% 745 $313K No change
RELL Richardson Elec Ltd. 0.04% 33,901 $312K New
BIO Bio-Rad Laboratories-A 0.04% 900 $311K Reduce -58.1%
GBCI Glacier Bancorp Inc. 0.04% 7,600 $306K No change
THE REAL GOOD FOOD COMPANY I 0.03% 665,384 $240K Reduce -48.0%
MCD McDonald's Corp. 0.03% 850 $240K No change
CMBMF Cambium Networks Corp. 0.03% 55,500 $239K Reduce -34.3%
DOCU Docusign Inc. 0.03% 4,000 $238K New
GD General Dynamics Corp. 0.03% 750 $212K No change
ACCO Acco Brands Corp. 0.03% 34,740 $195K Reduce -31.2%
CCK Crown Holdings Inc. 0.03% 2,450 $194K No change
PCYO Pure Cycle Corp. 0.02% 18,602 $177K No change
NDSN Nordson Corp. 0.02% 600 $165K No change
UHAL U-Haul Holding Co. 0.02% 2,345 $158K No change
SHW The Sherwin-Williams Co. 0.02% 450 $156K No change
WRK Westrock Co. 0.02% 2,867 $142K Reduce -16.1%
TKR Timken Co. 0.02% 1,600 $140K Reduce -72.2%
TGT Target Corp. 0.01% 600 $106K No change
ROCK Gibraltar Industries Inc. 0.01% 1,300 $105K No change
IWM iShares Russell 2000 ETF 0.01% 400 $84K No change
HD Home Depot Inc. 0.01% 150 $58K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.01% 100 $52K No change
ULTA Ulta Beauty Inc. 0.01% 90 $47K No change
CWST Casella Waste Systems Inc. Class A 0.01% 450 $44K Reduce -10.0%
EXAS Exact Sciences Corp. 0.00% 500 $35K Reduce -9.1%
MMM 3M Co. 0.00% 100 $11K No change
A Agilent Technologies Inc. 0.00% 25 $4K No change
PFGC Performance Food Group Co. 0.00% 44 $3K No change

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -1.8% 4.76% −1.04
CCI Crown Castle Inc. Reduce -6.1% 3.60% −0.85
UNP Union Pacific Corp. Reduce -1.7% 7.36% −0.61
ARCH Arch Resources Inc. Reduce -0.4% 5.62% −0.59
MP MP Materials Corp. Reduce -18.4% 0.45% −0.37
TMUS T-Mobile US Inc. Reduce -14.6% 1.53% −0.34
GLD SPDR Gold Shares Reduce -23.4% 0.89% −0.26
THE REAL GOOD FOOD COMPANY I Reduce -48.0% 0.03% −0.25
GREENBRIER COS INC (GBX 2.875 02/01/24) Sold out 0.00% −0.22
ELAN Elanco Animal Health Inc. Reduce -28.7% 0.57% −0.21
HIBB Hibbett Inc. Reduce -8.2% 1.79% −0.16
CTSO Cytosorbents Corp. Reduce -11.6% 0.38% −0.15
CME Cme Group Inc. Reduce -49.5% 0.14% −0.15
WSC Willscot Holdings Corp. Reduce -15.8% 0.65% −0.14
V Visa Inc. Class A Reduce -7.0% 1.74% −0.12
BLK BlackRock Finance Inc. Reduce -32.7% 0.20% −0.11
FTHM Fathom Holdings Inc. Sold out 0.00% −0.10
HLMN Hillman Solutions Corp. Reduce -39.1% 0.19% −0.10
META Meta Platforms Inc. Class A Reduce -30.8% 0.81% −0.10
DBI Designer Brands Inc. Class A Reduce -39.4% 0.22% −0.09
CSX CSX Corp. Reduce -9.3% 0.91% −0.09
KOP Koppers Holdings Inc. Reduce -26.0% 0.26% −0.09
CBOE Cboe Global Markets Inc. Reduce -12.3% 0.43% −0.08
PLAB Photronics Inc. Reduce -0.1% 0.43% −0.08
MCFT Mastercraft Boat Holdings Inc. Reduce -21.4% 0.23% −0.07
CRWS Crown Crafts Inc. Reduce -25.3% 0.15% −0.06
BIO Bio-Rad Laboratories-A Reduce -58.1% 0.04% −0.06
TWIN Twin Disc Inc. Reduce -38.5% 0.08% −0.06
NVEE NV5 Global Inc. Reduce -8.6% 0.17% −0.06
SCHW Schwab (charles) Corp. Reduce -13.0% 0.33% −0.06
NSC Norfolk Southern Corp. Reduce -4.3% 1.63% −0.05
PTEN Patterson-Uti Energy Inc. Reduce -12.1% 0.52% −0.05
JPM JPMorgan Chase & Co. Reduce -12.6% 1.36% −0.05
TKR Timken Co. Reduce -72.2% 0.02% −0.05
HI Hillenbrand Inc. Reduce -43.4% 0.06% −0.05
SHIM Shimmick Corp. Sold out 0.00% −0.04
LOPE Grand Canyon Education Inc. Reduce -0.3% 1.19% −0.04
CMBMF Cambium Networks Corp. Reduce -34.3% 0.03% −0.04
ASUR Asure Software Inc. Reduce -16.9% 0.07% −0.04
MATW Matthews Intl Corp. Class A Reduce -30.9% 0.05% −0.04
HLIT Harmonic Inc. Reduce -8.7% 0.25% −0.03
SSNC Ss&c Technologies Holdings Reduce -3.5% 0.60% −0.03
BOOT Boot Barn Holdings Inc. Reduce -20.8% 0.34% −0.03
PXD Pioneer Natural Resources Co. Reduce -11.4% 0.93% −0.03
GPK Graphic Packaging Holding Co. Reduce -12.8% 0.84% −0.03
SPGI S&P Global Inc. Reduce -1.3% 0.22% −0.03
GBX Greenbrier Companies Inc. Reduce -15.3% 0.34% −0.02
ICE Intercontinental Exchange Inc. Reduce -31.9% 0.04% −0.02
ACCO Acco Brands Corp. Reduce -31.2% 0.03% −0.02
AEM Agnico Eagle Mines Ltd. Reduce -5.1% 0.49% −0.02

Portfolio Buys Q4 2023 → Q1 2024
ADM Archer-Daniels-Midland Co. New 0.43% +0.43
JYNT The Joint Corp. Add +14.2% 1.24% +0.39
DBD Diebold Nixdorf Inc. Add +48.4% 0.97% +0.38
XOP SS SPDR S&P Og Exp & Prod New 0.38% +0.38
GOOGL Alphabet Inc. Class A Add +8.4% 3.77% +0.34
SBAC SBA Communications Corp. Add +116.7% 0.79% +0.34
EWJ iShares MSCI Japan ETF New 0.33% +0.33
APD Air Products & Chemicals Inc. New 0.28% +0.28
SONY Sony Group Corp. - SP ADR New 0.28% +0.28
OSIS Osi Systems Inc. Add +116.7% 0.46% +0.26
OSK Oshkosh Corp. Add +1.9% 2.76% +0.25
GENK Gen Restaurant Group Inc. Add +1345.1% 0.24% +0.23
SRCL Stericycle Inc. New 0.16% +0.16
ADEA Adeia Inc. New 0.16% +0.16
IRDM Iridium Communications Inc. Add +109.6% 0.70% +0.14
XLE SS Energy Select Sector Add +7.5% 1.13% +0.13
ASTE Astec Industries Inc. Add +275.2% 0.15% +0.11
FMC FMC Corp. Add +12.4% 1.81% +0.11
FDX FedEx Corp. Add +32.3% 0.37% +0.11
HAL Halliburton Co. Add +22.0% 0.54% +0.11
TRGP Targa Resources Corp. Add +7.2% 0.40% +0.09
AMT American Tower Corp. Add +26.3% 1.14% +0.09
NEM Newmont Corp. Add +59.5% 0.39% +0.09
UPS United Parcel Service Class B Add +44.3% 0.40% +0.09
HLLY Holley Inc. Add +38.6% 0.50% +0.08
MODVQ Modivcare Inc. Add +182.2% 0.28% +0.08
NPKI NPK International Inc. Add +36.4% 0.23% +0.07
MTX Minerals Technologies Inc. Add +18.2% 0.44% +0.06
NVDA Nvidia Corp. New 0.06% +0.06
BMY Bristol-Myers Squibb Co. Add +5.4% 1.41% +0.06
NATR Natures Sunshine Prods Inc. Add +79.3% 0.12% +0.06
CMP Compass Minerals Internation New 0.05% +0.05
CCJ Cameco Corp. New 0.04% +0.04
BTMD Biote Corp. Class A Add +72.4% 0.09% +0.04
WBA Walgreens Boots Alliance Inc. Add +108.1% 0.12% +0.04
RELL Richardson Elec Ltd. New 0.04% +0.04
XPER Xperi Inc. Add +13.8% 0.25% +0.04
BBY Best Buy Co. Inc. Add +41.2% 0.12% +0.03
DOCU Docusign Inc. New 0.03% +0.03
UHAL.B U-Haul Holding Co.-Non Voting Add +28.1% 0.25% +0.03
BERY Berry Global Group Inc. Add +86.0% 0.07% +0.03
GNRC Generac Holdings Inc. Add +11.5% 0.55% +0.01
SPWH Sportsman's Warehouse Holdin Add +73.6% 0.06% +0.01
B Barrick Gold Corp. Add +15.6% 0.63% −0.00
EA Electronic Arts Inc. Add +5.5% 0.12% −0.01
DENN Denny's Corp. Add +6.5% 0.13% −0.03
LOVE The Lovesac Co. Add +14.8% 0.64% −0.03
JOUT Johnson Outdoors Inc. Class A Add +18.1% 0.72% −0.03
LUNA Luna Innovations Inc. Add +41.6% 0.15% −0.08
GTN Gray Media Inc. Add +6.9% 0.24% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$813.9MUNP, GOOGL, DBD, GM, AAPL
Q1 2026 155$763.0MUNP, GOOGL, DBD, GM, AAPL
Q4 2025 150$737.1MUNP, GOOGL, GM, DBD, AAPL
Q3 2025 152$723.5MUNP, GOOGL, GM, DBD, AAPL
Q2 2025 152$689.5MUNP, GOOGL, DBD, GM, AAPL
Q1 2025 153$692.7MUNP, AAPL, GOOGL, GM, CCI
Q4 2024 150$715.8MUNP, AAPL, GOOGL, GM, ARCH
Q3 2024 154$737.1MUNP, AAPL, ARCH, CCI, GOOGL
Q2 2024 156$705.4MUNP, AAPL, ARCH, GOOGL, GM
Q1 2024 152$723.9MUNP, ARCH, AAPL, GM, GOOGL