Skylands Capital, LLC

Name: Skylands Capital, LLC 13F holdings, Q1 2025
Creator: Skylands Capital, LLC
Published: 2025-04-25

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
EYE National Vision Holdings Inc.	0.15%	79,050	$1.0M	New
ECG Everus Construction Group	0.14%	26,900	$998K	New
SPGI S&P Global Inc.	0.14%	1,935	$983K	Reduce -1.5%
THRY Thryv Holdings Inc.	0.14%	75,950	$973K	Add +11.7%
ZBH Zimmer Biomet Holdings Inc.	0.14%	8,536	$966K	Add +22.2%
CBOE Cboe Global Markets Inc.	0.14%	4,150	$939K	Reduce -51.2%
BBY Best Buy Co. Inc.	0.13%	12,650	$931K	Add +36.8%
CLFD Clearfield Inc.	0.13%	30,757	$914K	Add +47.9%
AEYE Audioeye Inc.	0.13%	80,550	$894K	Add +494.5%
CMP Compass Minerals Internation	0.13%	93,600	$870K	Add +4.1%
CCJ Cameco Corp.	0.12%	20,900	$860K	Add +96.2%
EXAS Exact Sciences Corp.	0.12%	19,425	$841K	Add +64.6%
BLK BlackRock Finance Inc.	0.11%	825	$781K	Reduce -2.9%
BWXT BWX Technologies Inc.	0.11%	7,650	$755K	New
CHDN Churchill Downs Inc.	0.10%	6,050	$672K	New
BRK.B Berkshire Hathaway Inc. Class B	0.10%	1,250	$666K	Reduce -13.8%
RJF Raymond James Financial Inc.	0.10%	4,787	$663K	No change
MA Mastercard Inc. Class A	0.09%	1,165	$639K	Reduce -0.8%
CRWS Crown Crafts Inc.	0.08%	152,842	$556K	Reduce -11.3%
QRHC Quest Resource Holding Corp.	0.08%	207,427	$539K	Reduce -4.5%
BTMD Biote Corp. Class A	0.08%	158,600	$528K	Reduce -0.6%
MBLY Mobileye Global Inc. Class A	0.06%	29,150	$420K	New
GATX Gatx Corp.	0.06%	2,495	$387K	Reduce -23.1%
SPWH Sportsman's Warehouse Holdin	0.06%	384,000	$382K	Add +43.6%
QQQ Invesco QQQ Trust Series 1	0.05%	750	$352K	No change
ASPN Aspen Aerogels Inc.	0.05%	54,800	$350K	New
TTI Tetra Technologies Inc.	0.05%	95,600	$321K	New
GAUZ Gauzy Ltd.	0.04%	38,046	$304K	Reduce -12.5%
MSFT Microsoft Corp.	0.04%	695	$261K	No change
TWIN Twin Disc Inc.	0.03%	29,704	$225K	Add +8.8%
CCK Crown Holdings Inc.	0.03%	2,400	$214K	No change
MCD McDonald's Corp.	0.03%	650	$203K	Reduce -7.1%
GD General Dynamics Corp.	0.03%	725	$198K	No change
GBCI Glacier Bancorp Inc.	0.03%	4,250	$188K	Reduce -2.3%
PCYO Pure Cycle Corp.	0.03%	17,733	$186K	Reduce -3.8%
TRGP Targa Resources Corp.	0.03%	900	$180K	Reduce -5.3%
MU Micron Technology Inc.	0.03%	2,000	$174K	New
GEV GE Vernova Inc.	0.02%	500	$153K	No change
ACCO Acco Brands Corp.	0.02%	34,740	$146K	No change
SHW The Sherwin-Williams Co.	0.02%	400	$140K	No change
UHAL U-Haul Holding Co.	0.02%	2,045	$134K	No change
MOD Modine Manufacturing Co.	0.02%	1,700	$130K	New
SW Smurfit Westrock PLC	0.02%	2,867	$129K	No change
HOOD Robinhood Markets Inc. Class A	0.02%	3,000	$125K	New
BIO Bio-Rad Laboratories-A	0.02%	500	$122K	New
NDSN Nordson Corp.	0.02%	565	$114K	Reduce -1.7%
GS Goldman Sachs Group Inc.	0.02%	200	$109K	New
IWM iShares Russell 2000 ETF	0.01%	400	$80K	No change
MULTISENSOR AI HOLDINGS INC	0.01%	82,233	$76K	Reduce -37.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.01%	100	$56K	No change
TGT Target Corp.	0.01%	400	$42K	No change
HD Home Depot Inc.	0.01%	100	$37K	No change
CWST Casella Waste Systems Inc. Class A	0.00%	275	$31K	Reduce -8.3%

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