Skylands Capital, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 4, 2025), Skylands Capital, LLC reported 150 stock positions worth $715.8 million. Its top holding was Union Pacific (UNP) at 7.3% of the portfolio, followed by Apple (AAPL, 4.7%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q3 2024, it opened 11 new positions, sold out of 15, added to 44 and reduced 78. The biggest buy was Diebold Nixdorf (DBD, shares +57%) and the biggest sale Arch Resources (ARCH, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001299910
- Portfolio Value
- $715.8M (Q4 2024)
- SEC Filing
- 0001821268-25-000034 ↗ filed Feb 4, 2025
Holdings Value
Holdings 150 stocks · $715.8M
| UNP Union Pacific Corp. | 7.30% | 229,150 | $52.3M | Add +7.2% |
| AAPL Apple Inc. | 4.72% | 135,055 | $33.8M | Reduce -11.8% |
| GOOGL Alphabet Inc. Class A | 4.11% | 155,425 | $29.4M | Reduce -7.2% |
| GM General Motors Co. | 3.99% | 536,050 | $28.6M | Reduce -9.1% |
| ARCH Arch Resources Inc. | 3.25% | 164,905 | $23.3M | Reduce -28.4% |
| CCI Crown Castle Inc. | 3.11% | 245,105 | $22.2M | Add +4.4% |
| BECN Beacon Roofing Supply Inc. | 3.10% | 218,200 | $22.2M | Reduce -8.1% |
| DBD Diebold Nixdorf Inc. | 2.69% | 446,625 | $19.2M | Add +57.5% |
| FMC FMC Corp. | 2.31% | 340,775 | $16.6M | Add +33.7% |
| OSK Oshkosh Corp. | 2.19% | 164,735 | $15.7M | Add +2.5% |
| OC Owens Corning | 2.10% | 88,225 | $15.0M | Reduce -0.8% |
| NSC Norfolk Southern Corp. | 2.09% | 63,670 | $14.9M | Add +10.2% |
| SBAC SBA Communications Corp. | 1.97% | 69,220 | $14.1M | Add +66.0% |
| V Visa Inc. Class A | 1.81% | 41,065 | $13.0M | Reduce -11.9% |
| COHR Coherent Corp. | 1.74% | 131,815 | $12.5M | Reduce -12.7% |
| GEHC GE Healthcare Technology | 1.71% | 156,790 | $12.3M | Add +19.7% |
| WAB Wabtec Corp. | 1.67% | 63,090 | $12.0M | Reduce -17.7% |
| AMT American Tower Corp. | 1.44% | 56,320 | $10.3M | Add +45.7% |
| EXP Eagle Materials Inc. | 1.44% | 41,730 | $10.3M | Reduce -6.2% |
| CSX CSX Corp. | 1.43% | 316,850 | $10.2M | Add +34.9% |
| C Citigroup Inc. | 1.34% | 136,775 | $9.6M | Add +2.4% |
| BMY Bristol-Myers Squibb Co. | 1.29% | 163,675 | $9.3M | Reduce -9.6% |
| JPM JPMorgan Chase & Co. | 1.25% | 37,235 | $8.9M | Reduce -12.3% |
| JYNT The Joint Corp. | 1.10% | 738,728 | $7.9M | Add +10.9% |
| WMB Williams Cos Inc. | 1.08% | 143,225 | $7.8M | Reduce -8.3% |
| LOPE Grand Canyon Education Inc. | 1.08% | 47,092 | $7.7M | Reduce -24.3% |
| CMCO Columbus McKinnon Corp. | 1.03% | 197,075 | $7.3M | Reduce -18.3% |
| ENS Enersys | 1.01% | 77,980 | $7.2M | Reduce -4.7% |
| MTX Minerals Technologies Inc. | 1.01% | 94,400 | $7.2M | Reduce -0.2% |
| OXY Occidental Petroleum Corp. | 1.00% | 145,084 | $7.2M | Add +23.1% |
| GLD SPDR Gold Shares | 1.00% | 29,475 | $7.1M | Reduce -0.7% |
| XLE SS Energy Select Sector | 0.93% | 77,450 | $6.6M | Reduce -1.1% |
| B Barrick Gold Corp. | 0.92% | 423,350 | $6.6M | Add +4.2% |
| META Meta Platforms Inc. Class A | 0.90% | 10,985 | $6.4M | Reduce -11.1% |
| SSNC Ss&c Technologies Holdings | 0.89% | 84,225 | $6.4M | Add +19.2% |
| RTX RTX Corp. | 0.88% | 54,358 | $6.3M | Reduce -4.9% |
| NATR Natures Sunshine Prods Inc. | 0.87% | 424,591 | $6.2M | Reduce -0.4% |
| ELAN Elanco Animal Health Inc. | 0.85% | 504,500 | $6.1M | Add +36.2% |
| TMUS T-Mobile US Inc. | 0.83% | 26,870 | $5.9M | Reduce -27.2% |
| GNRC Generac Holdings Inc. | 0.79% | 36,500 | $5.7M | Add +21.0% |
| CCOI Cogent Communications Holdin | 0.75% | 70,075 | $5.4M | Reduce -26.9% |
| MLM Martin Marietta Materials | 0.75% | 10,425 | $5.4M | Add +15.2% |
| JOUT Johnson Outdoors Inc. Class A | 0.75% | 162,200 | $5.4M | Add +2.8% |
| UPS United Parcel Service Class B | 0.71% | 40,200 | $5.1M | Add +24.6% |
| XOM Exxon Mobil Corp. | 0.71% | 47,082 | $5.1M | Reduce -12.0% |
| GPK Graphic Packaging Holding Co. | 0.70% | 184,250 | $5.0M | Reduce -2.9% |
| WSC Willscot Holdings Corp. | 0.64% | 137,750 | $4.6M | Add +33.4% |
| ON On Semiconductor | 0.64% | 72,920 | $4.6M | Reduce -0.1% |
| HAL Halliburton Co. | 0.63% | 165,950 | $4.5M | Reduce -22.4% |
| XOP SS SPDR S&P Og Exp & Prod | 0.60% | 32,425 | $4.3M | Add +11.3% |
| LOVE The Lovesac Co. | 0.60% | 180,650 | $4.3M | Reduce -9.6% |
| SIMO Silicon Motion Technol-ADR | 0.58% | 76,550 | $4.1M | Reduce -19.4% |
| ADM Archer-Daniels-Midland Co. | 0.55% | 78,125 | $3.9M | Add +46.2% |
| PLAB Photronics Inc. | 0.54% | 164,500 | $3.9M | Add +50.9% |
| QDEL Quidelortho Corp. | 0.52% | 84,000 | $3.7M | Reduce -30.1% |
| ADEA Adeia Inc. | 0.51% | 262,000 | $3.7M | Reduce -0.3% |
| LECO Lincoln Electric Holdings | 0.51% | 19,355 | $3.6M | Reduce -3.5% |
| HLLY Holley Inc. | 0.50% | 1,193,983 | $3.6M | Add +4.3% |
| KEX Kirby Corp. | 0.50% | 33,950 | $3.6M | New |
| OSIS Osi Systems Inc. | 0.50% | 21,220 | $3.6M | Reduce -20.5% |
| AEM Agnico Eagle Mines Ltd. | 0.49% | 45,000 | $3.5M | No change |
| DENN Denny's Corp. | 0.48% | 570,000 | $3.4M | Add +28.6% |
| AMZN Amazon.com Inc. | 0.48% | 15,675 | $3.4M | Reduce -10.8% |
| MP MP Materials Corp. | 0.46% | 209,000 | $3.3M | Reduce -9.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.41% | 76,850 | $2.9M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 65,425 | $2.9M | Reduce -14.5% |
| LKQ LKQ Corp. | 0.37% | 72,050 | $2.6M | Add +107.0% |
| IRDM Iridium Communications Inc. | 0.37% | 91,200 | $2.6M | Reduce -46.0% |
| CTSO Cytosorbents Corp. | 0.35% | 2,781,622 | $2.5M | Add +0.9% |
| FDX FedEx Corp. | 0.33% | 8,475 | $2.4M | Reduce -7.1% |
| NEM Newmont Corp. | 0.32% | 62,375 | $2.3M | Add +2.5% |
| SCHW Schwab (charles) Corp. | 0.31% | 30,350 | $2.2M | Reduce -8.3% |
| TKR Timken Co. | 0.31% | 30,600 | $2.2M | New |
| VLO Valero Energy Corp. | 0.30% | 17,550 | $2.2M | New |
| HAE Haemonetics Corp. | 0.30% | 27,175 | $2.1M | Add +16.6% |
| GBX Greenbrier Companies Inc. | 0.28% | 32,900 | $2.0M | Reduce -28.4% |
| MATW Matthews Intl Corp. Class A | 0.28% | 72,000 | $2.0M | Reduce -3.8% |
| PTEN Patterson-Uti Energy Inc. | 0.26% | 227,710 | $1.9M | Reduce -10.2% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.26% | 28,745 | $1.8M | Add +50.9% |
| GENK Gen Restaurant Group Inc. | 0.26% | 243,992 | $1.8M | Add +3.4% |
| GOOG Alphabet Inc. Class C | 0.25% | 9,500 | $1.8M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 14,925 | $1.7M | Reduce -75.5% |
| CBOE Cboe Global Markets Inc. | 0.23% | 8,500 | $1.7M | Add +88.9% |
| ASUR Asure Software Inc. | 0.23% | 174,369 | $1.6M | Add +28.8% |
| ATRO Astronics Corp. | 0.23% | 101,632 | $1.6M | New |
| NPKI NPK International Inc. | 0.21% | 198,500 | $1.5M | Add +17.8% |
| ULTA Ulta Beauty Inc. | 0.21% | 3,490 | $1.5M | Reduce -60.3% |
| BOOT Boot Barn Holdings Inc. | 0.21% | 9,849 | $1.5M | Reduce -26.2% |
| TAP Molson Coors Beverage Co. Class B | 0.21% | 25,950 | $1.5M | Reduce -28.1% |
| QRHC Quest Resource Holding Corp. | 0.20% | 217,314 | $1.4M | Reduce -1.8% |
| BLMN Bloomin' Brands Inc. | 0.20% | 115,200 | $1.4M | New |
| WCC Wesco International Inc. | 0.20% | 7,750 | $1.4M | Add +355.9% |
| BC Brunswick Corp. | 0.20% | 21,575 | $1.4M | Add +38.5% |
| XPOF Xponential Fitness Inc. Class A | 0.18% | 95,458 | $1.3M | Add +80.1% |
| KRE SS SPDR S&P Regional Bank | 0.18% | 21,100 | $1.3M | New |
| TDG Transdigm Group Inc. | 0.16% | 930 | $1.2M | Reduce -2.6% |
| AD Array Digital Infrastructure filed as UNITED STATES CELLULAR CORP | 0.14% | 16,300 | $1.0M | New |
| CMP Compass Minerals Internation | 0.14% | 89,900 | $1.0M | Reduce -38.3% |
| THRY Thryv Holdings Inc. | 0.14% | 68,000 | $1.0M | Add +4.7% |
| BTMD Biote Corp. Class A | 0.14% | 159,500 | $986K | Reduce -19.6% |
Portfolio Sells Q3 2024 → Q4 2024
| ARCH Arch Resources Inc. | Reduce -28.4% | 3.25% | −1.06 |
| DIS The Walt Disney Co. | Reduce -75.5% | 0.23% | −0.56 |
| IRDM Iridium Communications Inc. | Reduce -46.0% | 0.37% | −0.33 |
| EXP Eagle Materials Inc. | Reduce -6.2% | 1.44% | −0.30 |
| XPER Xperi Inc. | Sold out | 0.00% | −0.27 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.26 |
| ULTA Ulta Beauty Inc. | Reduce -60.3% | 0.21% | −0.25 |
| CCOI Cogent Communications Holdin | Reduce -26.9% | 0.75% | −0.23 |
| QDEL Quidelortho Corp. | Reduce -30.1% | 0.52% | −0.22 |
| WAB Wabtec Corp. | Reduce -17.7% | 1.67% | −0.22 |
| HAL Halliburton Co. | Reduce -22.4% | 0.63% | −0.21 |
| TMUS T-Mobile US Inc. | Reduce -27.2% | 0.83% | −0.21 |
| SIMO Silicon Motion Technol-ADR | Reduce -19.4% | 0.58% | −0.20 |
| HLIT Harmonic Inc. | Sold out | 0.00% | −0.20 |
| SONY Sony Group Corp. - SP ADR | Reduce -67.8% | 0.11% | −0.19 |
| LOVE The Lovesac Co. | Reduce -9.6% | 0.60% | −0.18 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.15 |
| CMCO Columbus McKinnon Corp. | Reduce -18.3% | 1.03% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -12.0% | 0.71% | −0.14 |
| DBI Designer Brands Inc. Class A | Sold out | 0.00% | −0.14 |
| ENS Enersys | Reduce -4.7% | 1.01% | −0.13 |
| TRGP Targa Resources Corp. | Reduce -87.2% | 0.02% | −0.12 |
| LOPE Grand Canyon Education Inc. | Reduce -24.3% | 1.08% | −0.12 |
| MODVQ Modivcare Inc. | Reduce -96.1% | 0.00% | −0.12 |
| EWJ iShares MSCI Japan ETF | Reduce -89.5% | 0.01% | −0.12 |
| AAPL Apple Inc. | Reduce -11.8% | 4.72% | −0.11 |
| HLMN Hillman Solutions Corp. | Reduce -59.6% | 0.07% | −0.11 |
| GTN Gray Media Inc. | Sold out | 0.00% | −0.10 |
| MP MP Materials Corp. | Reduce -9.5% | 0.46% | −0.10 |
| CMP Compass Minerals Internation | Reduce -38.3% | 0.14% | −0.10 |
| BOOT Boot Barn Holdings Inc. | Reduce -26.2% | 0.21% | −0.09 |
| GEV GE Vernova Inc. | Reduce -84.4% | 0.02% | −0.09 |
| WTFC Wintrust Financial Corp. | Sold out | 0.00% | −0.09 |
| ON On Semiconductor | Reduce -0.1% | 0.64% | −0.08 |
| COHR Coherent Corp. | Reduce -12.7% | 1.74% | −0.08 |
| TAP Molson Coors Beverage Co. Class B | Reduce -28.1% | 0.21% | −0.07 |
| BIO Bio-Rad Laboratories-A | Sold out | 0.00% | −0.07 |
| KOP Koppers Holdings Inc. | Reduce -35.0% | 0.09% | −0.06 |
| GPK Graphic Packaging Holding Co. | Reduce -2.9% | 0.70% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -11.1% | 0.90% | −0.06 |
| RTX RTX Corp. | Reduce -4.9% | 0.88% | −0.06 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.06 |
| OSIS Osi Systems Inc. | Reduce -20.5% | 0.50% | −0.05 |
| CME Cme Group Inc. | Reduce -51.5% | 0.05% | −0.05 |
| NVEE NV5 Global Inc. | Reduce -28.6% | 0.07% | −0.04 |
| QRHC Quest Resource Holding Corp. | Reduce -1.8% | 0.20% | −0.04 |
| GBX Greenbrier Companies Inc. | Reduce -28.4% | 0.28% | −0.04 |
| BLK BlackRock Finance Inc. | Reduce -29.2% | 0.12% | −0.03 |
| EA Electronic Arts Inc. | Sold out | 0.00% | −0.03 |
| OC Owens Corning | Reduce -0.8% | 2.10% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| DBD Diebold Nixdorf Inc. | Add +57.5% | 2.69% | +0.97 |
| SBAC SBA Communications Corp. | Add +66.0% | 1.97% | +0.61 |
| KEX Kirby Corp. | New | 0.50% | +0.50 |
| SLB SLB Ltd. | New | 0.41% | +0.41 |
| CSX CSX Corp. | Add +34.9% | 1.43% | +0.33 |
| TKR Timken Co. | New | 0.31% | +0.31 |
| VLO Valero Energy Corp. | New | 0.30% | +0.30 |
| ATRO Astronics Corp. | New | 0.23% | +0.23 |
| AMT American Tower Corp. | Add +45.7% | 1.44% | +0.22 |
| C Citigroup Inc. | Add +2.4% | 1.34% | +0.21 |
| BLMN Bloomin' Brands Inc. | New | 0.20% | +0.20 |
| LKQ LKQ Corp. | Add +107.0% | 0.37% | +0.18 |
| SSNC Ss&c Technologies Holdings | Add +19.2% | 0.89% | +0.18 |
| KRE SS SPDR S&P Regional Bank | New | 0.18% | +0.18 |
| OXY Occidental Petroleum Corp. | Add +23.1% | 1.00% | +0.18 |
| PLAB Photronics Inc. | Add +50.9% | 0.54% | +0.18 |
| WCC Wesco International Inc. | Add +355.9% | 0.20% | +0.16 |
| UNP Union Pacific Corp. | Add +7.2% | 7.30% | +0.15 |
| AD Array Digital Infrastructure | New | 0.14% | +0.14 |
| GNRC Generac Holdings Inc. | Add +21.0% | 0.79% | +0.14 |
| NSC Norfolk Southern Corp. | Add +10.2% | 2.09% | +0.14 |
| ADM Archer-Daniels-Midland Co. | Add +46.2% | 0.55% | +0.12 |
| WSC Willscot Holdings Corp. | Add +33.4% | 0.64% | +0.12 |
| ELAN Elanco Animal Health Inc. | Add +36.2% | 0.85% | +0.12 |
| UPS United Parcel Service Class B | Add +24.6% | 0.71% | +0.11 |
| CBOE Cboe Global Markets Inc. | Add +88.9% | 0.23% | +0.11 |
| HOG Harley-Davidson Inc. | New | 0.10% | +0.10 |
| DENN Denny's Corp. | Add +28.6% | 0.48% | +0.09 |
| MLM Martin Marietta Materials | Add +15.2% | 0.75% | +0.09 |
| XPOF Xponential Fitness Inc. Class A | Add +80.1% | 0.18% | +0.09 |
| CLFD Clearfield Inc. | New | 0.09% | +0.09 |
| EXAS Exact Sciences Corp. | Add +2850.0% | 0.09% | +0.09 |
| XOP SS SPDR S&P Og Exp & Prod | Add +11.3% | 0.60% | +0.08 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +50.9% | 0.26% | +0.07 |
| JYNT The Joint Corp. | Add +10.9% | 1.10% | +0.06 |
| ASUR Asure Software Inc. | Add +28.8% | 0.23% | +0.06 |
| NPKI NPK International Inc. | Add +17.8% | 0.21% | +0.05 |
| ZBH Zimmer Biomet Holdings Inc. | Add +87.5% | 0.10% | +0.05 |
| HLLY Holley Inc. | Add +4.3% | 0.50% | +0.05 |
| GEHC GE Healthcare Technology | Add +19.7% | 1.71% | +0.04 |
| HAE Haemonetics Corp. | Add +16.6% | 0.30% | +0.04 |
| FMC FMC Corp. | Add +33.7% | 2.31% | +0.03 |
| SPWH Sportsman's Warehouse Holdin | Add +39.8% | 0.10% | +0.03 |
| AEYE Audioeye Inc. | New | 0.03% | +0.03 |
| TWIN Twin Disc Inc. | Add +110.0% | 0.04% | +0.02 |
| BC Brunswick Corp. | Add +38.5% | 0.20% | +0.02 |
| BBY Best Buy Co. Inc. | Add +22.5% | 0.11% | +0.01 |
| OSK Oshkosh Corp. | Add +2.5% | 2.19% | +0.00 |
| THRY Thryv Holdings Inc. | Add +4.7% | 0.14% | −0.01 |
| GENK Gen Restaurant Group Inc. | Add +3.4% | 0.26% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 166 | $813.9M | UNP, GOOGL, DBD, GM, AAPL |
| Q1 2026 | 155 | $763.0M | UNP, GOOGL, DBD, GM, AAPL |
| Q4 2025 | 150 | $737.1M | UNP, GOOGL, GM, DBD, AAPL |
| Q3 2025 | 152 | $723.5M | UNP, GOOGL, GM, DBD, AAPL |
| Q2 2025 | 152 | $689.5M | UNP, GOOGL, DBD, GM, AAPL |
| Q1 2025 | 153 | $692.7M | UNP, AAPL, GOOGL, GM, CCI |
| Q4 2024 | 150 | $715.8M | UNP, AAPL, GOOGL, GM, ARCH |
| Q3 2024 | 154 | $737.1M | UNP, AAPL, ARCH, CCI, GOOGL |
| Q2 2024 | 156 | $705.4M | UNP, AAPL, ARCH, GOOGL, GM |
| Q1 2024 | 152 | $723.9M | UNP, ARCH, AAPL, GM, GOOGL |