Skylands Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Skylands Capital, LLC reported 153 stock positions worth $692.7 million. Its top holding was Union Pacific (UNP) at 7.7% of the portfolio, followed by Apple (AAPL, 4.2%) and Alphabet Class A (GOOGL, 4.1%). Compared with Q4 2024, it opened 16 new positions, sold out of 13, added to 56 and reduced 64. The biggest buy was a new position in Core Natural Resources (CNR) and the biggest sale an exit from Arch Resources (ARCH).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001299910
- Portfolio Value
- $692.7M (Q1 2025)
- SEC Filing
- 0001821268-25-000096 ↗ filed Apr 25, 2025
Holdings Value
Holdings 153 stocks · $692.7M
| UNP Union Pacific Corp. | 7.66% | 224,625 | $53.1M | Reduce -2.0% |
| AAPL Apple Inc. | 4.15% | 129,530 | $28.8M | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 4.15% | 185,885 | $28.7M | Add +19.6% |
| GM General Motors Co. | 3.75% | 552,175 | $26.0M | Add +3.0% |
| CCI Crown Castle Inc. | 3.67% | 243,755 | $25.4M | Reduce -0.6% |
| BECN Beacon Roofing Supply Inc. | 3.53% | 197,750 | $24.5M | Reduce -9.4% |
| DBD Diebold Nixdorf Inc. | 3.48% | 550,600 | $24.1M | Add +23.3% |
| CNR Core Natural Resources Inc. | 2.69% | 241,934 | $18.7M | New |
| OSK Oshkosh Corp. | 2.16% | 159,225 | $15.0M | Reduce -3.3% |
| NSC Norfolk Southern Corp. | 2.10% | 61,285 | $14.5M | Reduce -3.8% |
| V Visa Inc. Class A | 2.06% | 40,705 | $14.3M | Reduce -0.9% |
| FMC FMC Corp. | 2.02% | 331,150 | $14.0M | Reduce -2.8% |
| OC Owens Corning | 1.87% | 90,475 | $12.9M | Add +2.5% |
| SBAC SBA Communications Corp. | 1.83% | 57,575 | $12.7M | Reduce -16.8% |
| AMT American Tower Corp. | 1.62% | 51,600 | $11.2M | Reduce -8.4% |
| EXP Eagle Materials Inc. | 1.52% | 47,455 | $10.5M | Add +13.7% |
| WAB Wabtec Corp. | 1.48% | 56,650 | $10.3M | Reduce -10.2% |
| C Citigroup Inc. | 1.45% | 141,200 | $10.0M | Add +3.2% |
| GEHC GE Healthcare Technology | 1.42% | 122,165 | $9.9M | Reduce -22.1% |
| CSX CSX Corp. | 1.37% | 322,075 | $9.5M | Add +1.6% |
| JYNT The Joint Corp. | 1.36% | 752,328 | $9.4M | Add +1.8% |
| COHR Coherent Corp. | 1.33% | 141,600 | $9.2M | Add +7.4% |
| BMY Bristol-Myers Squibb Co. | 1.25% | 142,450 | $8.7M | Reduce -13.0% |
| JPM JPMorgan Chase & Co. | 1.25% | 35,285 | $8.7M | Reduce -5.2% |
| WMB Williams Cos Inc. | 1.22% | 141,875 | $8.5M | Reduce -0.9% |
| GLD SPDR Gold Shares | 1.18% | 28,450 | $8.2M | Reduce -3.5% |
| B Barrick Gold Corp. | 1.14% | 405,200 | $7.9M | Reduce -4.3% |
| MTX Minerals Technologies Inc. | 1.09% | 118,455 | $7.5M | Add +25.5% |
| LOPE Grand Canyon Education Inc. | 1.08% | 43,110 | $7.5M | Reduce -8.5% |
| ENS Enersys | 0.91% | 69,055 | $6.3M | Reduce -11.4% |
| KEX Kirby Corp. | 0.90% | 61,600 | $6.2M | Add +81.4% |
| XOP SS SPDR S&P Og Exp & Prod | 0.89% | 47,025 | $6.2M | Add +45.0% |
| SSNC Ss&c Technologies Holdings | 0.87% | 72,125 | $6.0M | Reduce -14.4% |
| RTX RTX Corp. | 0.87% | 45,315 | $6.0M | Reduce -16.6% |
| OXY Occidental Petroleum Corp. | 0.84% | 117,994 | $5.8M | Reduce -18.7% |
| ELAN Elanco Animal Health Inc. | 0.83% | 550,150 | $5.8M | Add +9.1% |
| XLE SS Energy Select Sector | 0.80% | 59,300 | $5.5M | Reduce -23.4% |
| UPS United Parcel Service Class B | 0.80% | 50,145 | $5.5M | Add +24.7% |
| NATR Natures Sunshine Prods Inc. | 0.78% | 431,800 | $5.4M | Add +1.7% |
| GPK Graphic Packaging Holding Co. | 0.78% | 207,700 | $5.4M | Add +12.7% |
| CCOI Cogent Communications Holdin | 0.72% | 81,375 | $5.0M | Add +16.1% |
| MLM Martin Marietta Materials | 0.72% | 10,365 | $5.0M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.71% | 8,495 | $4.9M | Reduce -22.7% |
| JOUT Johnson Outdoors Inc. Class A | 0.70% | 195,950 | $4.9M | Add +20.8% |
| GNRC Generac Holdings Inc. | 0.68% | 36,925 | $4.7M | Add +1.2% |
| TMUS T-Mobile US Inc. | 0.65% | 16,960 | $4.5M | Reduce -36.9% |
| WSC Willscot Holdings Corp. | 0.64% | 158,700 | $4.4M | Add +15.2% |
| ADM Archer-Daniels-Midland Co. | 0.63% | 90,875 | $4.4M | Add +16.3% |
| MP MP Materials Corp. | 0.63% | 177,500 | $4.3M | Reduce -15.1% |
| ADEA Adeia Inc. | 0.59% | 307,400 | $4.1M | Add +17.3% |
| HAL Halliburton Co. | 0.58% | 158,400 | $4.0M | Reduce -4.5% |
| PLAB Photronics Inc. | 0.57% | 189,800 | $3.9M | Add +15.4% |
| AEM Agnico Eagle Mines Ltd. | 0.56% | 35,965 | $3.9M | Reduce -20.1% |
| LECO Lincoln Electric Holdings | 0.53% | 19,260 | $3.6M | Reduce -0.5% |
| SIMO Silicon Motion Technol-ADR | 0.53% | 72,000 | $3.6M | Reduce -5.9% |
| CMCO Columbus McKinnon Corp. | 0.52% | 211,025 | $3.6M | Add +7.1% |
| HAE Haemonetics Corp. | 0.51% | 55,775 | $3.5M | Add +105.2% |
| LOVE The Lovesac Co. | 0.50% | 190,400 | $3.5M | Add +5.4% |
| ON On Semiconductor | 0.50% | 84,720 | $3.4M | Add +16.2% |
| OSIS Osi Systems Inc. | 0.45% | 15,941 | $3.1M | Reduce -24.9% |
| HLLY Holley Inc. | 0.43% | 1,171,000 | $3.0M | Reduce -1.9% |
| CTSO Cytosorbents Corp. | 0.43% | 3,002,702 | $3.0M | Add +8.0% |
| AMZN Amazon.com Inc. | 0.43% | 15,625 | $3.0M | Reduce -0.3% |
| QDEL Quidelortho Corp. | 0.42% | 83,850 | $2.9M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 68,225 | $2.8M | Add +4.3% |
| NEM Newmont Corp. | 0.41% | 58,850 | $2.8M | Reduce -5.7% |
| MATW Matthews Intl Corp. Class A | 0.40% | 125,434 | $2.8M | Add +74.2% |
| DENN Denny's Corp. | 0.40% | 745,620 | $2.7M | Add +30.8% |
| SCHW Schwab (charles) Corp. | 0.39% | 34,600 | $2.7M | Add +14.0% |
| TAP Molson Coors Beverage Co. Class B | 0.33% | 37,625 | $2.3M | Add +45.0% |
| LKQ LKQ Corp. | 0.33% | 53,500 | $2.3M | Reduce -25.8% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.32% | 53,100 | $2.2M | Reduce -30.9% |
| FDX FedEx Corp. | 0.32% | 9,000 | $2.2M | Add +6.2% |
| PTEN Patterson-Uti Energy Inc. | 0.30% | 254,810 | $2.1M | Add +11.9% |
| IRDM Iridium Communications Inc. | 0.29% | 73,700 | $2.0M | Reduce -19.2% |
| VNT Vontier Corp. | 0.28% | 60,000 | $2.0M | Add +153.2% |
| ULTA Ulta Beauty Inc. | 0.28% | 5,325 | $2.0M | Add +52.6% |
| TKR Timken Co. | 0.25% | 23,900 | $1.7M | Reduce -21.9% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.25% | 28,745 | $1.7M | No change |
| WCC Wesco International Inc. | 0.24% | 10,575 | $1.6M | Add +36.5% |
| GBX Greenbrier Companies Inc. | 0.23% | 31,150 | $1.6M | Reduce -5.3% |
| NPKI NPK International Inc. | 0.23% | 271,458 | $1.6M | Add +36.8% |
| ASUR Asure Software Inc. | 0.23% | 163,708 | $1.6M | Reduce -6.1% |
| ATRO Astronics Corp. | 0.22% | 63,000 | $1.5M | Reduce -38.0% |
| GOOG Alphabet Inc. Class C | 0.21% | 9,500 | $1.5M | No change |
| GENK Gen Restaurant Group Inc. | 0.21% | 266,176 | $1.5M | Add +9.1% |
| XPOF Xponential Fitness Inc. Class A | 0.20% | 164,500 | $1.4M | Add +72.3% |
| ALGN Align Technology Inc. | 0.19% | 8,500 | $1.4M | New |
| HCC Warrior Met Coal Inc. | 0.19% | 27,500 | $1.3M | New |
| VLO Valero Energy Corp. | 0.19% | 9,900 | $1.3M | Reduce -43.6% |
| TDG Transdigm Group Inc. | 0.18% | 925 | $1.3M | Reduce -0.5% |
| BOOT Boot Barn Holdings Inc. | 0.18% | 11,449 | $1.2M | Add +16.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 12,375 | $1.2M | Reduce -17.1% |
| FCG First Trust Natural Gas ETF | 0.17% | 47,700 | $1.2M | New |
| BC Brunswick Corp. | 0.17% | 21,575 | $1.2M | No change |
| HOG Harley-Davidson Inc. | 0.16% | 43,200 | $1.1M | Add +79.3% |
| HLMN Hillman Solutions Corp. | 0.16% | 124,000 | $1.1M | Add +156.5% |
| XOM Exxon Mobil Corp. | 0.15% | 8,991 | $1.1M | Reduce -80.9% |
| BLMN Bloomin' Brands Inc. | 0.15% | 145,000 | $1.0M | Add +25.9% |
| KOP Koppers Holdings Inc. | 0.15% | 36,400 | $1.0M | Add +78.0% |
Portfolio Sells Q4 2024 → Q1 2025
| ARCH Arch Resources Inc. | Sold out | 0.00% | −3.25 |
| AAPL Apple Inc. | Reduce -4.1% | 4.15% | −0.57 |
| XOM Exxon Mobil Corp. | Reduce -80.9% | 0.15% | −0.55 |
| FMC FMC Corp. | Reduce -2.8% | 2.02% | −0.30 |
| GEHC GE Healthcare Technology | Reduce -22.1% | 1.42% | −0.29 |
| META Meta Platforms Inc. Class A | Reduce -22.7% | 0.71% | −0.19 |
| WAB Wabtec Corp. | Reduce -10.2% | 1.48% | −0.19 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.18 |
| TMUS T-Mobile US Inc. | Reduce -36.9% | 0.65% | −0.18 |
| OXY Occidental Petroleum Corp. | Reduce -18.7% | 0.84% | −0.16 |
| AD Array Digital Infrastructure | Sold out | 0.00% | −0.14 |
| SBAC SBA Communications Corp. | Reduce -16.8% | 1.83% | −0.14 |
| XLE SS Energy Select Sector | Reduce -23.4% | 0.80% | −0.13 |
| QRHC Quest Resource Holding Corp. | Reduce -4.5% | 0.08% | −0.12 |
| VLO Valero Energy Corp. | Reduce -43.6% | 0.19% | −0.11 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.11 |
| QDEL Quidelortho Corp. | Reduce -0.2% | 0.42% | −0.10 |
| CBOE Cboe Global Markets Inc. | Reduce -51.2% | 0.14% | −0.10 |
| ENS Enersys | Reduce -11.4% | 0.91% | −0.09 |
| SLB SLB Ltd. | Reduce -30.9% | 0.32% | −0.09 |
| IRDM Iridium Communications Inc. | Reduce -19.2% | 0.29% | −0.08 |
| ASTE Astec Industries Inc. | Sold out | 0.00% | −0.07 |
| HLLY Holley Inc. | Reduce -1.9% | 0.43% | −0.07 |
| NVEE NV5 Global Inc. | Sold out | 0.00% | −0.07 |
| BTMD Biote Corp. Class A | Reduce -0.6% | 0.08% | −0.06 |
| TKR Timken Co. | Reduce -21.9% | 0.25% | −0.06 |
| DIS The Walt Disney Co. | Reduce -17.1% | 0.18% | −0.06 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.05 |
| SIMO Silicon Motion Technol-ADR | Reduce -5.9% | 0.53% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.43% | −0.05 |
| HAL Halliburton Co. | Reduce -4.5% | 0.58% | −0.05 |
| GBX Greenbrier Companies Inc. | Reduce -5.3% | 0.23% | −0.05 |
| BA The Boeing Co. | Sold out | 0.00% | −0.05 |
| OSIS Osi Systems Inc. | Reduce -24.9% | 0.45% | −0.05 |
| LKQ LKQ Corp. | Reduce -25.8% | 0.33% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -13.0% | 1.25% | −0.04 |
| MLM Martin Marietta Materials | Reduce -0.6% | 0.72% | −0.04 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.03 |
| CRWS Crown Crafts Inc. | Reduce -11.3% | 0.08% | −0.03 |
| OSK Oshkosh Corp. | Reduce -3.3% | 2.16% | −0.03 |
| HI Hillenbrand Inc. | Sold out | 0.00% | −0.02 |
| MULTISENSOR AI HOLDINGS INC | Reduce -37.0% | 0.01% | −0.02 |
| SSNC Ss&c Technologies Holdings | Reduce -14.4% | 0.87% | −0.02 |
| GAUZ Gauzy Ltd. | Reduce -12.5% | 0.04% | −0.02 |
| GATX Gatx Corp. | Reduce -23.1% | 0.06% | −0.01 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −0.01 |
| RTX RTX Corp. | Reduce -16.6% | 0.87% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -2.9% | 0.11% | −0.01 |
| ATRO Astronics Corp. | Reduce -38.0% | 0.22% | −0.01 |
| PCYO Pure Cycle Corp. | Reduce -3.8% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| CNR Core Natural Resources Inc. | New | 2.69% | +2.69 |
| DBD Diebold Nixdorf Inc. | Add +23.3% | 3.48% | +0.79 |
| KEX Kirby Corp. | Add +81.4% | 0.90% | +0.40 |
| XOP SS SPDR S&P Og Exp & Prod | Add +45.0% | 0.89% | +0.29 |
| JYNT The Joint Corp. | Add +1.8% | 1.36% | +0.26 |
| HAE Haemonetics Corp. | Add +105.2% | 0.51% | +0.22 |
| ALGN Align Technology Inc. | New | 0.19% | +0.19 |
| HCC Warrior Met Coal Inc. | New | 0.19% | +0.19 |
| FCG First Trust Natural Gas ETF | New | 0.17% | +0.17 |
| VNT Vontier Corp. | Add +153.2% | 0.28% | +0.16 |
| EYE National Vision Holdings Inc. | New | 0.15% | +0.15 |
| ECG Everus Construction Group | New | 0.14% | +0.14 |
| MATW Matthews Intl Corp. Class A | Add +74.2% | 0.40% | +0.12 |
| TAP Molson Coors Beverage Co. Class B | Add +45.0% | 0.33% | +0.12 |
| BWXT BWX Technologies Inc. | New | 0.11% | +0.11 |
| C Citigroup Inc. | Add +3.2% | 1.45% | +0.10 |
| AEYE Audioeye Inc. | Add +494.5% | 0.13% | +0.10 |
| CHDN Churchill Downs Inc. | New | 0.10% | +0.10 |
| HLMN Hillman Solutions Corp. | Add +156.5% | 0.16% | +0.09 |
| UPS United Parcel Service Class B | Add +24.7% | 0.80% | +0.09 |
| MTX Minerals Technologies Inc. | Add +25.5% | 1.09% | +0.08 |
| EXP Eagle Materials Inc. | Add +13.7% | 1.52% | +0.08 |
| CTSO Cytosorbents Corp. | Add +8.0% | 0.43% | +0.08 |
| GPK Graphic Packaging Holding Co. | Add +12.7% | 0.78% | +0.08 |
| ADM Archer-Daniels-Midland Co. | Add +16.3% | 0.63% | +0.08 |
| SCHW Schwab (charles) Corp. | Add +14.0% | 0.39% | +0.08 |
| ADEA Adeia Inc. | Add +17.3% | 0.59% | +0.07 |
| ULTA Ulta Beauty Inc. | Add +52.6% | 0.28% | +0.07 |
| MBLY Mobileye Global Inc. Class A | New | 0.06% | +0.06 |
| HOG Harley-Davidson Inc. | Add +79.3% | 0.16% | +0.06 |
| KOP Koppers Holdings Inc. | Add +78.0% | 0.15% | +0.05 |
| ASPN Aspen Aerogels Inc. | New | 0.05% | +0.05 |
| CCJ Cameco Corp. | Add +96.2% | 0.12% | +0.05 |
| TTI Tetra Technologies Inc. | New | 0.05% | +0.05 |
| CLFD Clearfield Inc. | Add +47.9% | 0.13% | +0.04 |
| WCC Wesco International Inc. | Add +36.5% | 0.24% | +0.04 |
| PTEN Patterson-Uti Energy Inc. | Add +11.9% | 0.30% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +19.6% | 4.15% | +0.04 |
| ZBH Zimmer Biomet Holdings Inc. | Add +22.2% | 0.14% | +0.04 |
| EXAS Exact Sciences Corp. | Add +64.6% | 0.12% | +0.03 |
| PLAB Photronics Inc. | Add +15.4% | 0.57% | +0.03 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| BBY Best Buy Co. Inc. | Add +36.8% | 0.13% | +0.02 |
| MOD Modine Manufacturing Co. | New | 0.02% | +0.02 |
| XPOF Xponential Fitness Inc. Class A | Add +72.3% | 0.20% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | New | 0.02% | +0.02 |
| BIO Bio-Rad Laboratories-A | New | 0.02% | +0.02 |
| GS Goldman Sachs Group Inc. | New | 0.02% | +0.02 |
| NPKI NPK International Inc. | Add +36.8% | 0.23% | +0.01 |
| BAC Bank of America Corp. | Add +4.3% | 0.41% | +0.01 |
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 |