Skylands Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Skylands Capital, LLC reported 152 stock positions worth $689.5 million. Its top holding was Union Pacific (UNP) at 7.6% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Diebold Nixdorf (DBD, 4.3%). Compared with Q1 2025, it opened 15 new positions, sold out of 16, added to 45 and reduced 68. The biggest buy was Alphabet Class A (GOOGL, shares +15%) and the biggest sale an exit from Beacon Roofing Supply (BECN).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001299910
- Portfolio Value
- $689.5M (Q2 2025)
- SEC Filing
- 0001528621-25-000825 ↗ filed Aug 8, 2025
Holdings Value
Holdings 152 stocks · $689.5M
| UNP Union Pacific Corp. | 7.58% | 227,050 | $52.2M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 5.46% | 213,725 | $37.7M | Add +15.0% |
| DBD Diebold Nixdorf Inc. | 4.28% | 533,300 | $29.5M | Reduce -3.1% |
| GM General Motors Co. | 3.83% | 537,275 | $26.4M | Reduce -2.7% |
| AAPL Apple Inc. | 3.72% | 125,135 | $25.7M | Reduce -3.4% |
| CCI Crown Castle Inc. | 3.54% | 237,540 | $24.4M | Reduce -2.5% |
| OSK Oshkosh Corp. | 2.72% | 165,350 | $18.8M | Add +3.9% |
| CNR Core Natural Resources Inc. | 2.40% | 237,394 | $16.6M | Reduce -1.9% |
| NSC Norfolk Southern Corp. | 2.13% | 57,435 | $14.7M | Reduce -6.3% |
| FMC FMC Corp. | 2.10% | 347,550 | $14.5M | Add +5.0% |
| V Visa Inc. Class A | 2.07% | 40,195 | $14.3M | Reduce -1.3% |
| OC Owens Corning | 1.96% | 98,475 | $13.5M | Add +8.8% |
| COHR Coherent Corp. | 1.88% | 144,950 | $12.9M | Add +2.4% |
| C Citigroup Inc. | 1.73% | 139,900 | $11.9M | Reduce -0.9% |
| SBAC SBA Communications Corp. | 1.67% | 48,995 | $11.5M | Reduce -14.9% |
| WAB Wabtec Corp. | 1.66% | 54,800 | $11.5M | Reduce -3.3% |
| GEHC GE Healthcare Technology | 1.66% | 154,090 | $11.4M | Add +26.1% |
| CSX CSX Corp. | 1.43% | 302,075 | $9.9M | Reduce -6.2% |
| EXP Eagle Materials Inc. | 1.40% | 47,755 | $9.7M | Add +0.6% |
| JYNT The Joint Corp. | 1.30% | 779,295 | $9.0M | Add +3.6% |
| WMB Williams Cos Inc. | 1.28% | 140,275 | $8.8M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 1.26% | 30,055 | $8.7M | Reduce -14.8% |
| GLD SPDR Gold Shares | 1.25% | 28,225 | $8.6M | Reduce -0.8% |
| LOPE Grand Canyon Education Inc. | 1.18% | 42,930 | $8.1M | Reduce -0.4% |
| AMT American Tower Corp. | 1.17% | 36,495 | $8.1M | Reduce -29.3% |
| BMY Bristol-Myers Squibb Co. | 1.12% | 166,365 | $7.7M | Add +16.8% |
| B Barrick Gold Corp. | 1.10% | 363,850 | $7.6M | Reduce -10.2% |
| NATR Natures Sunshine Prods Inc. | 1.04% | 486,400 | $7.2M | Add +12.6% |
| ENS Enersys | 1.02% | 82,290 | $7.1M | Add +19.2% |
| SSNC Ss&c Technologies Holdings | 0.98% | 81,600 | $6.8M | Add +13.1% |
| KEX Kirby Corp. | 0.96% | 58,400 | $6.6M | Reduce -5.2% |
| MTX Minerals Technologies Inc. | 0.93% | 116,055 | $6.4M | Reduce -2.0% |
| ELAN Elanco Animal Health Inc. | 0.90% | 433,650 | $6.2M | Reduce -21.2% |
| ADEA Adeia Inc. | 0.87% | 423,224 | $6.0M | Add +37.7% |
| JOUT Johnson Outdoors Inc. Class A | 0.83% | 189,494 | $5.7M | Reduce -3.3% |
| GNRC Generac Holdings Inc. | 0.82% | 39,585 | $5.7M | Add +7.2% |
| RTX RTX Corp. | 0.81% | 38,230 | $5.6M | Reduce -15.6% |
| WSC Willscot Holdings Corp. | 0.80% | 201,825 | $5.5M | Add +27.2% |
| XOP SS SPDR S&P Og Exp & Prod | 0.80% | 43,815 | $5.5M | Reduce -6.8% |
| TAP Molson Coors Beverage Co. Class B | 0.77% | 110,210 | $5.3M | Add +192.9% |
| CCOI Cogent Communications Holdin | 0.72% | 103,650 | $5.0M | Add +27.4% |
| UPS United Parcel Service Class B | 0.71% | 48,445 | $4.9M | Reduce -3.4% |
| TMUS T-Mobile US Inc. | 0.70% | 20,385 | $4.9M | Add +20.2% |
| META Meta Platforms Inc. Class A | 0.70% | 6,495 | $4.8M | Reduce -23.5% |
| OXY Occidental Petroleum Corp. | 0.67% | 110,544 | $4.6M | Reduce -6.3% |
| MP MP Materials Corp. | 0.67% | 138,500 | $4.6M | Reduce -22.0% |
| ON On Semiconductor | 0.66% | 86,520 | $4.5M | Add +2.1% |
| MLM Martin Marietta Materials | 0.61% | 7,620 | $4.2M | Reduce -26.5% |
| GPK Graphic Packaging Holding Co. | 0.60% | 196,775 | $4.1M | Reduce -5.3% |
| SIMO Silicon Motion Technol-ADR | 0.57% | 52,000 | $3.9M | Reduce -27.8% |
| LKQ LKQ Corp. | 0.53% | 98,825 | $3.7M | Add +84.7% |
| PLAB Photronics Inc. | 0.52% | 188,750 | $3.6M | Reduce -0.6% |
| LECO Lincoln Electric Holdings | 0.51% | 17,060 | $3.5M | Reduce -11.4% |
| AEM Agnico Eagle Mines Ltd. | 0.51% | 29,550 | $3.5M | Reduce -17.8% |
| LOVE The Lovesac Co. | 0.50% | 190,700 | $3.5M | Add +0.2% |
| DENN Denny's Corp. | 0.49% | 829,592 | $3.4M | Add +11.3% |
| CTSO Cytosorbents Corp. | 0.49% | 2,616,715 | $3.3M | Reduce -12.8% |
| AMZN Amazon.com Inc. | 0.46% | 14,525 | $3.2M | Reduce -7.0% |
| XLE SS Energy Select Sector | 0.45% | 36,700 | $3.1M | Reduce -38.1% |
| MATW Matthews Intl Corp. Class A | 0.45% | 129,884 | $3.1M | Add +3.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.44% | 89,600 | $3.0M | Add +68.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 63,325 | $3.0M | Reduce -7.2% |
| NEM Newmont Corp. | 0.43% | 50,350 | $2.9M | Reduce -14.4% |
| HLLY Holley Inc. | 0.39% | 1,350,982 | $2.7M | Add +15.4% |
| ADM Archer-Daniels-Midland Co. | 0.37% | 48,275 | $2.5M | Reduce -46.9% |
| OSIS Osi Systems Inc. | 0.37% | 11,250 | $2.5M | Reduce -29.4% |
| UNH Unitedhealth Group Inc. | 0.35% | 7,715 | $2.4M | New |
| QDEL Quidelortho Corp. | 0.35% | 82,800 | $2.4M | Reduce -1.3% |
| HAL Halliburton Co. | 0.34% | 116,000 | $2.4M | Reduce -26.8% |
| VNT Vontier Corp. | 0.34% | 63,400 | $2.3M | Add +5.7% |
| MTUS Metallus Inc. | 0.33% | 146,050 | $2.3M | New |
| HLMN Hillman Solutions Corp. | 0.32% | 310,550 | $2.2M | Add +150.4% |
| IRDM Iridium Communications Inc. | 0.32% | 73,400 | $2.2M | Reduce -0.4% |
| ZBH Zimmer Biomet Holdings Inc. | 0.32% | 23,861 | $2.2M | Add +179.5% |
| HAE Haemonetics Corp. | 0.30% | 27,550 | $2.1M | Reduce -50.6% |
| FDX FedEx Corp. | 0.27% | 8,275 | $1.9M | Reduce -8.1% |
| NPKI NPK International Inc. | 0.27% | 218,474 | $1.9M | Reduce -19.5% |
| WCC Wesco International Inc. | 0.25% | 9,410 | $1.7M | Reduce -11.0% |
| HCC Warrior Met Coal Inc. | 0.25% | 38,000 | $1.7M | Add +38.2% |
| TKR Timken Co. | 0.25% | 23,900 | $1.7M | No change |
| ATRO Astronics Corp. | 0.24% | 50,400 | $1.7M | Reduce -20.0% |
| GOOG Alphabet Inc. Class C | 0.24% | 9,500 | $1.7M | No change |
| BOOT Boot Barn Holdings Inc. | 0.24% | 10,674 | $1.6M | Reduce -6.8% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.23% | 29,695 | $1.6M | Add +3.3% |
| ALGN Align Technology Inc. | 0.23% | 8,450 | $1.6M | Reduce -0.6% |
| BLMN Bloomin' Brands Inc. | 0.22% | 175,750 | $1.5M | Add +21.2% |
| ICLR Icon PLC | 0.21% | 9,850 | $1.4M | New |
| TDG Transdigm Group Inc. | 0.20% | 925 | $1.4M | No change |
| THRY Thryv Holdings Inc. | 0.20% | 111,950 | $1.4M | Add +47.4% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 3,350 | $1.4M | New |
| HOG Harley-Davidson Inc. | 0.20% | 57,550 | $1.4M | Add +33.2% |
| KOP Koppers Holdings Inc. | 0.20% | 42,100 | $1.4M | Add +15.7% |
| SCHW Schwab (charles) Corp. | 0.19% | 14,700 | $1.3M | Reduce -57.5% |
| XPOF Xponential Fitness Inc. Class A | 0.19% | 176,900 | $1.3M | Add +7.5% |
| BC Brunswick Corp. | 0.17% | 21,825 | $1.2M | Add +1.2% |
| FCG First Trust Natural Gas ETF | 0.17% | 51,900 | $1.2M | Add +8.8% |
| GBX Greenbrier Companies Inc. | 0.17% | 25,965 | $1.2M | Reduce -16.6% |
| SPWH Sportsman's Warehouse Holdin | 0.16% | 329,000 | $1.1M | Reduce -14.3% |
| NEOG Neogen Corp. | 0.16% | 234,850 | $1.1M | New |
| CHDN Churchill Downs Inc. | 0.16% | 11,100 | $1.1M | Add +83.5% |
Portfolio Sells Q1 2025 → Q2 2025
| BECN Beacon Roofing Supply Inc. | Sold out | 0.00% | −3.53 |
| CMCO Columbus McKinnon Corp. | Sold out | 0.00% | −0.52 |
| AMT American Tower Corp. | Reduce -29.3% | 1.17% | −0.45 |
| AAPL Apple Inc. | Reduce -3.4% | 3.72% | −0.43 |
| XLE SS Energy Select Sector | Reduce -38.1% | 0.45% | −0.35 |
| PTEN Patterson-Uti Energy Inc. | Sold out | 0.00% | −0.30 |
| CNR Core Natural Resources Inc. | Reduce -1.9% | 2.40% | −0.29 |
| ULTA Ulta Beauty Inc. | Reduce -98.1% | 0.01% | −0.28 |
| ADM Archer-Daniels-Midland Co. | Reduce -46.9% | 0.37% | −0.26 |
| HAL Halliburton Co. | Reduce -26.8% | 0.34% | −0.24 |
| HAE Haemonetics Corp. | Reduce -50.6% | 0.30% | −0.21 |
| SCHW Schwab (charles) Corp. | Reduce -57.5% | 0.19% | −0.20 |
| GPK Graphic Packaging Holding Co. | Reduce -5.3% | 0.60% | −0.18 |
| OXY Occidental Petroleum Corp. | Reduce -6.3% | 0.67% | −0.17 |
| MTX Minerals Technologies Inc. | Reduce -2.0% | 0.93% | −0.16 |
| SBAC SBA Communications Corp. | Reduce -14.9% | 1.67% | −0.16 |
| EYE National Vision Holdings Inc. | Sold out | 0.00% | −0.15 |
| ECG Everus Construction Group | Sold out | 0.00% | −0.14 |
| CLFD Clearfield Inc. | Sold out | 0.00% | −0.13 |
| CCI Crown Castle Inc. | Reduce -2.5% | 3.54% | −0.13 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.13 |
| VLO Valero Energy Corp. | Reduce -66.7% | 0.06% | −0.12 |
| MLM Martin Marietta Materials | Reduce -26.5% | 0.61% | −0.11 |
| ASUR Asure Software Inc. | Reduce -45.8% | 0.13% | −0.10 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -6.8% | 0.80% | −0.09 |
| UPS United Parcel Service Class B | Reduce -3.4% | 0.71% | −0.09 |
| CCJ Cameco Corp. | Reduce -81.3% | 0.04% | −0.08 |
| OSIS Osi Systems Inc. | Reduce -29.4% | 0.37% | −0.08 |
| QDEL Quidelortho Corp. | Reduce -1.3% | 0.35% | −0.08 |
| BWXT BWX Technologies Inc. | Reduce -79.7% | 0.03% | −0.08 |
| BTMD Biote Corp. Class A | Sold out | 0.00% | −0.08 |
| GBX Greenbrier Companies Inc. | Reduce -16.6% | 0.17% | −0.06 |
| RTX RTX Corp. | Reduce -15.6% | 0.81% | −0.06 |
| PLAB Photronics Inc. | Reduce -0.6% | 0.52% | −0.05 |
| AEM Agnico Eagle Mines Ltd. | Reduce -17.8% | 0.51% | −0.05 |
| DIS The Walt Disney Co. | Reduce -43.2% | 0.13% | −0.05 |
| TTI Tetra Technologies Inc. | Sold out | 0.00% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -22.5% | 0.11% | −0.05 |
| FDX FedEx Corp. | Reduce -8.1% | 0.27% | −0.04 |
| B Barrick Gold Corp. | Reduce -10.2% | 1.10% | −0.04 |
| CRWS Crown Crafts Inc. | Reduce -32.7% | 0.04% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -28.0% | 0.06% | −0.03 |
| GBCI Glacier Bancorp Inc. | Sold out | 0.00% | −0.03 |
| PCYO Pure Cycle Corp. | Sold out | 0.00% | −0.03 |
| GAUZ Gauzy Ltd. | Reduce -62.8% | 0.02% | −0.03 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.03 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.03 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.02 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.02 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| GOOGL Alphabet Inc. Class A | Add +15.0% | 5.46% | +1.31 |
| OSK Oshkosh Corp. | Add +3.9% | 2.72% | +0.56 |
| COHR Coherent Corp. | Add +2.4% | 1.88% | +0.55 |
| TAP Molson Coors Beverage Co. Class B | Add +192.9% | 0.77% | +0.44 |
| UNH Unitedhealth Group Inc. | New | 0.35% | +0.35 |
| MTUS Metallus Inc. | New | 0.33% | +0.33 |
| ADEA Adeia Inc. | Add +37.7% | 0.87% | +0.28 |
| NATR Natures Sunshine Prods Inc. | Add +12.6% | 1.04% | +0.26 |
| GEHC GE Healthcare Technology | Add +26.1% | 1.66% | +0.23 |
| ICLR Icon PLC | New | 0.21% | +0.21 |
| LKQ LKQ Corp. | Add +84.7% | 0.53% | +0.20 |
| TMO Thermo Fisher Scientific Inc. | New | 0.20% | +0.20 |
| ZBH Zimmer Biomet Holdings Inc. | Add +179.5% | 0.32% | +0.18 |
| WSC Willscot Holdings Corp. | Add +27.2% | 0.80% | +0.17 |
| HLMN Hillman Solutions Corp. | Add +150.4% | 0.32% | +0.16 |
| NEOG Neogen Corp. | New | 0.16% | +0.16 |
| ON On Semiconductor | Add +2.1% | 0.66% | +0.16 |
| GNRC Generac Holdings Inc. | Add +7.2% | 0.82% | +0.15 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.14% | +0.14 |
| MITK Mitek Systems Inc. | New | 0.13% | +0.13 |
| DDI Doubledown Interactive -ADR | New | 0.12% | +0.12 |
| BIO Bio-Rad Laboratories-A | Add +700.0% | 0.14% | +0.12 |
| SLB SLB Ltd. | Add +68.7% | 0.44% | +0.12 |
| ENS Enersys | Add +19.2% | 1.02% | +0.11 |
| SSNC Ss&c Technologies Holdings | Add +13.1% | 0.98% | +0.11 |
| SLP Simulations Plus Inc. | New | 0.11% | +0.11 |
| OC Owens Corning | Add +8.8% | 1.96% | +0.10 |
| DENN Denny's Corp. | Add +11.3% | 0.49% | +0.10 |
| FMC FMC Corp. | Add +5.0% | 2.10% | +0.09 |
| BLMN Bloomin' Brands Inc. | Add +21.2% | 0.22% | +0.07 |
| CHDN Churchill Downs Inc. | Add +83.5% | 0.16% | +0.07 |
| HCC Warrior Met Coal Inc. | Add +38.2% | 0.25% | +0.06 |
| OSBC Old Second Bancorp Inc. | New | 0.06% | +0.06 |
| MHK Mohawk Industries Inc. | New | 0.06% | +0.06 |
| THRY Thryv Holdings Inc. | Add +47.4% | 0.20% | +0.06 |
| QXO Qxo Inc. | New | 0.05% | +0.05 |
| VNT Vontier Corp. | Add +5.7% | 0.34% | +0.05 |
| TMUS T-Mobile US Inc. | Add +20.2% | 0.70% | +0.05 |
| KOP Koppers Holdings Inc. | Add +15.7% | 0.20% | +0.05 |
| MATW Matthews Intl Corp. Class A | Add +3.5% | 0.45% | +0.05 |
| EXAS Exact Sciences Corp. | Add +7.5% | 0.16% | +0.04 |
| HOG Harley-Davidson Inc. | Add +33.2% | 0.20% | +0.04 |
| LAKE Lakeland Industries Inc. | New | 0.03% | +0.03 |
| TSLA Tesla Inc. | New | 0.03% | +0.03 |
| BBY Best Buy Co. Inc. | Add +26.9% | 0.16% | +0.02 |
| TWIN Twin Disc Inc. | Add +31.3% | 0.05% | +0.02 |
| OKLO Oklo Inc. | New | 0.01% | +0.01 |
| BC Brunswick Corp. | Add +1.2% | 0.17% | +0.01 |
| CCOI Cogent Communications Holdin | Add +27.4% | 0.72% | +0.00 |
| LOVE The Lovesac Co. | Add +0.2% | 0.50% | +0.00 |
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 |