Skylands Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), Skylands Capital, LLC reported 150 stock positions worth $737.1 million. Its top holding was Union Pacific (UNP) at 7.0% of the portfolio, followed by Alphabet Class A (GOOGL, 6.3%) and General Motors (GM, 4.9%). Compared with Q3 2025, it opened 12 new positions, sold out of 14, added to 47 and reduced 70. The biggest buy was T-Mobile US (TMUS, shares +145%) and the biggest sale FMC (FMC, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001299910
- Portfolio Value
- $737.1M (Q4 2025)
- SEC Filing
- 0001821268-26-000016 ↗ filed Jan 30, 2026
Holdings Value
Holdings 150 stocks · $737.1M
| UNP Union Pacific Corp. | 6.99% | 222,895 | $51.6M | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 6.30% | 148,300 | $46.4M | Reduce -19.3% |
| GM General Motors Co. | 4.90% | 443,965 | $36.1M | Reduce -7.6% |
| DBD Diebold Nixdorf Inc. | 4.37% | 474,060 | $32.2M | Reduce -2.6% |
| AAPL Apple Inc. | 3.59% | 97,270 | $26.4M | Reduce -9.6% |
| CCI Crown Castle Inc. | 3.16% | 262,050 | $23.3M | Add +6.2% |
| CNR Core Natural Resources Inc. | 2.61% | 217,713 | $19.3M | Reduce -1.9% |
| SBAC SBA Communications Corp. | 2.54% | 96,715 | $18.7M | Add +15.0% |
| OSK Oshkosh Corp. | 2.37% | 139,100 | $17.5M | Reduce -4.6% |
| NSC Norfolk Southern Corp. | 2.27% | 57,880 | $16.7M | Reduce -3.0% |
| OC Owens Corning | 2.10% | 138,020 | $15.4M | Add +40.0% |
| C Citigroup Inc. | 1.99% | 125,800 | $14.7M | Reduce -0.4% |
| V Visa Inc. Class A | 1.76% | 36,975 | $13.0M | Reduce -6.4% |
| B Barrick Mining Corp. | 1.60% | 271,325 | $11.8M | Reduce -12.2% |
| COHR Coherent Corp. | 1.58% | 63,170 | $11.7M | Reduce -46.4% |
| TAP Molson Coors Beverage Co. Class B | 1.57% | 248,325 | $11.6M | Add +37.5% |
| KEX Kirby Corp. | 1.56% | 104,433 | $11.5M | Reduce -0.7% |
| AMT American Tower Corp. | 1.52% | 63,730 | $11.2M | Add +52.8% |
| GEHC GE Healthcare Technology | 1.40% | 125,540 | $10.3M | Reduce -13.1% |
| GLD SPDR Gold Shares | 1.35% | 25,040 | $9.9M | Reduce -4.7% |
| ADEA Adeia Inc. | 1.34% | 572,243 | $9.9M | Add +15.1% |
| CSX CSX Corp. | 1.30% | 263,425 | $9.5M | Reduce -4.5% |
| WAB Wabtec Corp. | 1.29% | 44,415 | $9.5M | Reduce -1.3% |
| TMUS T-Mobile US Inc. | 1.21% | 43,780 | $8.9M | Add +144.8% |
| EXP Eagle Materials Inc. | 1.13% | 40,415 | $8.4M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.11% | 25,450 | $8.2M | Reduce -0.2% |
| WMB Williams Cos Inc. | 1.08% | 132,825 | $8.0M | Reduce -0.6% |
| XOP SS SPDR S&P Og Exp & Prod | 1.06% | 61,630 | $7.8M | Add +48.9% |
| JYNT The Joint Corp. | 1.05% | 890,045 | $7.8M | Add +6.9% |
| BMY Bristol-Myers Squibb Co. | 1.03% | 142,480 | $7.6M | Reduce -11.4% |
| ENS Enersys | 1.02% | 51,230 | $7.5M | Reduce -25.5% |
| LOPE Grand Canyon Education Inc. | 0.96% | 42,475 | $7.1M | Add +5.9% |
| SSNC Ss&c Technologies Holdings | 0.96% | 80,700 | $7.1M | Add +9.2% |
| LKQ LKQ Corp. | 0.89% | 216,800 | $6.5M | Add +21.7% |
| RTX RTX Corp. | 0.84% | 33,860 | $6.2M | Reduce -0.9% |
| GPK Graphic Packaging Holding Co. | 0.79% | 384,900 | $5.8M | Add +60.3% |
| META Meta Platforms Inc. Class A | 0.73% | 8,205 | $5.4M | Add +26.1% |
| MP MP Materials Corp. | 0.72% | 104,580 | $5.3M | Reduce -0.7% |
| UPS United Parcel Service Class B | 0.69% | 51,545 | $5.1M | Add +4.0% |
| SIMO Silicon Motion Technol-ADR | 0.67% | 53,219 | $4.9M | Add +37.9% |
| ELAN Elanco Animal Health Inc. | 0.66% | 213,600 | $4.8M | Reduce -27.6% |
| SCHW Schwab (charles) Corp. | 0.64% | 47,000 | $4.7M | Add +70.6% |
| MTX Minerals Technologies Inc. | 0.64% | 77,005 | $4.7M | Reduce -17.0% |
| LOVE The Lovesac Co. | 0.58% | 291,397 | $4.3M | Add +53.4% |
| HLLY Holley Inc. | 0.58% | 1,035,800 | $4.3M | Reduce -23.2% |
| XLE SS Energy Select Sector | 0.58% | 95,400 | $4.3M | Add +43.7% |
| AEM Agnico Eagle Mines Ltd. | 0.56% | 24,405 | $4.1M | Reduce -5.9% |
| ON On Semiconductor | 0.54% | 73,670 | $4.0M | Reduce -2.3% |
| NEM Newmont Corp. | 0.53% | 39,125 | $3.9M | Reduce -12.3% |
| NATR Natures Sunshine Prods Inc. | 0.53% | 180,750 | $3.9M | Reduce -44.1% |
| GNRC Generac Holdings Inc. | 0.53% | 28,395 | $3.9M | Add +17.5% |
| QDEL Quidelortho Corp. | 0.52% | 134,704 | $3.8M | Add +28.5% |
| MLM Martin Marietta Materials | 0.50% | 5,945 | $3.7M | No change |
| DENN Denny's Corp. | 0.49% | 583,150 | $3.6M | Reduce -37.4% |
| LECO Lincoln Electric Holdings | 0.49% | 15,080 | $3.6M | Reduce -0.7% |
| WSC Willscot Holdings Corp. | 0.48% | 189,100 | $3.6M | Reduce -21.6% |
| JOUT Johnson Outdoors Inc. Class A | 0.48% | 83,500 | $3.5M | Reduce -26.2% |
| MTUS Metallus Inc. | 0.48% | 205,550 | $3.5M | Add +11.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.46% | 88,300 | $3.4M | Reduce -7.3% |
| HLMN Hillman Solutions Corp. | 0.45% | 378,950 | $3.3M | Add +27.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 58,625 | $3.2M | Reduce -3.6% |
| AMZN Amazon.com Inc. | 0.43% | 13,875 | $3.2M | Add +16.8% |
| MITK Mitek Systems Inc. | 0.43% | 302,616 | $3.2M | Add +34.3% |
| ALGN Align Technology Inc. | 0.43% | 20,400 | $3.2M | Reduce -57.7% |
| AIN Albany Intl Corp. Class A | 0.43% | 62,050 | $3.1M | Add +66.0% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.42% | 66,665 | $3.1M | Add +74.5% |
| HAL Halliburton Co. | 0.41% | 106,600 | $3.0M | Reduce -10.9% |
| MBLY Mobileye Global Inc. Class A | 0.41% | 286,900 | $3.0M | Add +23.1% |
| GOOG Alphabet Inc. Class C | 0.40% | 9,500 | $3.0M | No change |
| PLAB Photronics Inc. | 0.40% | 91,525 | $2.9M | Reduce -34.2% |
| HAE Haemonetics Corp. | 0.40% | 36,475 | $2.9M | Reduce -55.2% |
| BBY Best Buy Co. Inc. | 0.39% | 43,425 | $2.9M | Add +178.8% |
| UNH Unitedhealth Group Inc. | 0.36% | 8,020 | $2.6M | Reduce -44.4% |
| FMC FMC Corp. | 0.35% | 187,850 | $2.6M | Reduce -43.2% |
| TRGP Targa Resources Corp. | 0.33% | 13,200 | $2.4M | New |
| VNT Vontier Corp. | 0.33% | 65,225 | $2.4M | Add +52.4% |
| MATW Matthews Intl Corp. Class A | 0.32% | 91,483 | $2.4M | Reduce -23.1% |
| KOP Koppers Holdings Inc. | 0.30% | 80,750 | $2.2M | Add +27.4% |
| NPKI NPK International Inc. | 0.27% | 169,700 | $2.0M | Reduce -7.8% |
| MATX Matson Inc. | 0.26% | 15,700 | $1.9M | Add +35.3% |
| FCG First Trust Natural Gas ETF | 0.26% | 80,900 | $1.9M | Add +1.8% |
| SLGN Silgan Holdings Inc. | 0.23% | 42,900 | $1.7M | Add +12.4% |
| TKR Timken Co. | 0.22% | 19,550 | $1.6M | Reduce -19.1% |
| ATRO Astronics Corp. | 0.21% | 28,800 | $1.6M | Reduce -26.9% |
| BLMN Bloomin' Brands Inc. | 0.21% | 247,650 | $1.5M | Add +7.5% |
| ADM Archer-Daniels-Midland Co. | 0.20% | 26,175 | $1.5M | Reduce -18.3% |
| BC Brunswick Corp. | 0.19% | 19,125 | $1.4M | Add +0.5% |
| WCC Wesco International Inc. | 0.19% | 5,630 | $1.4M | Reduce -2.3% |
| PGR Progressive Corp. | 0.19% | 6,025 | $1.4M | New |
| AEYE Audioeye Inc. | 0.18% | 133,250 | $1.3M | Add +43.6% |
| CCOI Cogent Communications Holdin | 0.18% | 61,575 | $1.3M | Reduce -42.1% |
| OXY Occidental Petroleum Corp. | 0.17% | 30,910 | $1.3M | Reduce -71.4% |
| GBX Greenbrier Companies Inc. | 0.16% | 25,415 | $1.2M | Reduce -0.6% |
| CTSO Cytosorbents Corp. | 0.16% | 1,854,515 | $1.2M | Reduce -12.8% |
| SAM Boston Beer Company Inc. Class A | 0.16% | 6,050 | $1.2M | New |
| HCC Warrior Met Coal Inc. | 0.16% | 13,250 | $1.2M | Reduce -66.2% |
| CSGP Costar Group Inc. | 0.16% | 17,050 | $1.1M | New |
| BIO Bio-Rad Laboratories-A | 0.15% | 3,600 | $1.1M | Add +18.0% |
| XRAY Dentsply Sirona Inc. | 0.15% | 94,400 | $1.1M | New |
| ICLR Icon PLC | 0.14% | 5,650 | $1.0M | Reduce -15.7% |
Portfolio Sells Q3 2025 → Q4 2025
| FMC FMC Corp. | Reduce -43.2% | 0.35% | −1.18 |
| OXY Occidental Petroleum Corp. | Reduce -71.4% | 0.17% | −0.53 |
| ALGN Align Technology Inc. | Reduce -57.7% | 0.43% | −0.40 |
| CCOI Cogent Communications Holdin | Reduce -42.1% | 0.18% | −0.38 |
| UNP Union Pacific Corp. | Reduce -0.7% | 6.99% | −0.33 |
| UNH Unitedhealth Group Inc. | Reduce -44.4% | 0.36% | −0.33 |
| MP MP Materials Corp. | Reduce -0.7% | 0.72% | −0.26 |
| OSK Oshkosh Corp. | Reduce -4.6% | 2.37% | −0.24 |
| FDX FedEx Corp. | Reduce -90.7% | 0.03% | −0.23 |
| EXAS Exact Sciences Corp. | Reduce -96.2% | 0.02% | −0.23 |
| WSC Willscot Holdings Corp. | Reduce -21.6% | 0.48% | −0.22 |
| NSC Norfolk Southern Corp. | Reduce -3.0% | 2.27% | −0.21 |
| AAPL Apple Inc. | Reduce -9.6% | 3.59% | −0.20 |
| HCC Warrior Met Coal Inc. | Reduce -66.2% | 0.16% | −0.19 |
| DENN Denny's Corp. | Reduce -37.4% | 0.49% | −0.18 |
| EXP Eagle Materials Inc. | Reduce -0.5% | 1.13% | −0.17 |
| COHR Coherent Corp. | Reduce -46.4% | 1.58% | −0.17 |
| ELAN Elanco Animal Health Inc. | Reduce -27.6% | 0.66% | −0.17 |
| NATR Natures Sunshine Prods Inc. | Reduce -44.1% | 0.53% | −0.16 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.16 |
| MTX Minerals Technologies Inc. | Reduce -17.0% | 0.64% | −0.16 |
| HAE Haemonetics Corp. | Reduce -55.2% | 0.40% | −0.15 |
| JOUT Johnson Outdoors Inc. Class A | Reduce -26.2% | 0.48% | −0.15 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.14 |
| SPGI S&P Global Inc. | Reduce -54.1% | 0.13% | −0.13 |
| IRDM Iridium Communications Inc. | Reduce -66.3% | 0.06% | −0.13 |
| THRY Thryv Holdings Inc. | Reduce -6.1% | 0.11% | −0.12 |
| XPOF Xponential Fitness Inc. Class A | Reduce -74.4% | 0.04% | −0.11 |
| CTSO Cytosorbents Corp. | Reduce -12.8% | 0.16% | −0.11 |
| V Visa Inc. Class A | Reduce -6.4% | 1.76% | −0.11 |
| OSBC Old Second Bancorp Inc. | Sold out | 0.00% | −0.10 |
| GEHC GE Healthcare Technology | Reduce -13.1% | 1.40% | −0.10 |
| WMB Williams Cos Inc. | Reduce -0.6% | 1.08% | −0.09 |
| CLFD Clearfield Inc. | Sold out | 0.00% | −0.09 |
| MATW Matthews Intl Corp. Class A | Reduce -23.1% | 0.32% | −0.07 |
| SLP Simulations Plus Inc. | Sold out | 0.00% | −0.07 |
| ADM Archer-Daniels-Midland Co. | Reduce -18.3% | 0.20% | −0.06 |
| CHDN Churchill Downs Inc. | Sold out | 0.00% | −0.06 |
| CSX CSX Corp. | Reduce -4.5% | 1.30% | −0.06 |
| OSIS Osi Systems Inc. | Sold out | 0.00% | −0.06 |
| ENS Enersys | Reduce -25.5% | 1.02% | −0.05 |
| KLAR Klarna Group PLC | Sold out | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -81.8% | 0.01% | −0.05 |
| INR Infinity Natural Resour Class A | Sold out | 0.00% | −0.05 |
| GENK Gen Restaurant Group Inc. | Reduce -29.0% | 0.05% | −0.04 |
| PLAB Photronics Inc. | Reduce -34.2% | 0.40% | −0.04 |
| COO The Cooper Cos Inc. | Sold out | 0.00% | −0.04 |
| AEM Agnico Eagle Mines Ltd. | Reduce -5.9% | 0.56% | −0.04 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.04 |
| VLO Valero Energy Corp. | Reduce -52.6% | 0.03% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| TMUS T-Mobile US Inc. | Add +144.8% | 1.21% | +0.61 |
| TAP Molson Coors Beverage Co. Class B | Add +37.5% | 1.57% | +0.44 |
| AMT American Tower Corp. | Add +52.8% | 1.52% | +0.41 |
| TRGP Targa Resources Corp. | New | 0.33% | +0.33 |
| XOP SS SPDR S&P Og Exp & Prod | Add +48.9% | 1.06% | +0.30 |
| SBAC SBA Communications Corp. | Add +15.0% | 2.54% | +0.29 |
| SCHW Schwab (charles) Corp. | Add +70.6% | 0.64% | +0.27 |
| BBY Best Buy Co. Inc. | Add +178.8% | 0.39% | +0.23 |
| PGR Progressive Corp. | New | 0.19% | +0.19 |
| ADEA Adeia Inc. | Add +15.1% | 1.34% | +0.18 |
| XLE SS Energy Select Sector | Add +43.7% | 0.58% | +0.17 |
| OC Owens Corning | Add +40.0% | 2.10% | +0.17 |
| SIMO Silicon Motion Technol-ADR | Add +37.9% | 0.67% | +0.16 |
| SAM Boston Beer Company Inc. Class A | New | 0.16% | +0.16 |
| CSGP Costar Group Inc. | New | 0.16% | +0.16 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +74.5% | 0.42% | +0.15 |
| AIN Albany Intl Corp. Class A | Add +66.0% | 0.43% | +0.15 |
| XRAY Dentsply Sirona Inc. | New | 0.15% | +0.15 |
| LOVE The Lovesac Co. | Add +53.4% | 0.58% | +0.14 |
| GPK Graphic Packaging Holding Co. | Add +60.3% | 0.79% | +0.14 |
| LKQ LKQ Corp. | Add +21.7% | 0.89% | +0.14 |
| MITK Mitek Systems Inc. | Add +34.3% | 0.43% | +0.13 |
| UPS United Parcel Service Class B | Add +4.0% | 0.69% | +0.12 |
| MHK Mohawk Industries Inc. | New | 0.12% | +0.12 |
| MATX Matson Inc. | Add +35.3% | 0.26% | +0.11 |
| CENTA Central Garden and Pet Co. Class A | New | 0.10% | +0.10 |
| QDEL Quidelortho Corp. | Add +28.5% | 0.52% | +0.10 |
| DNOW Dnow Inc. | New | 0.09% | +0.09 |
| DEC Diversified Energy Co. | New | 0.08% | +0.08 |
| VNT Vontier Corp. | Add +52.4% | 0.33% | +0.08 |
| TNC Tennant Co. | New | 0.08% | +0.08 |
| META Meta Platforms Inc. Class A | Add +26.1% | 0.73% | +0.07 |
| AMZN Amazon.com Inc. | Add +16.8% | 0.43% | +0.07 |
| ZBH Zimmer Biomet Holdings Inc. | Add +169.1% | 0.12% | +0.07 |
| GLOO Gloo Holdings Inc. Class A | New | 0.07% | +0.07 |
| HLMN Hillman Solutions Corp. | Add +27.0% | 0.45% | +0.07 |
| MTUS Metallus Inc. | Add +11.5% | 0.48% | +0.06 |
| KOP Koppers Holdings Inc. | Add +27.4% | 0.30% | +0.05 |
| SSNC Ss&c Technologies Holdings | Add +9.2% | 0.96% | +0.05 |
| BIO Bio-Rad Laboratories-A | Add +18.0% | 0.15% | +0.03 |
| ZETA Zeta Global Holdings Corp. Class A | Add +31.8% | 0.11% | +0.03 |
| BC Brunswick Corp. | Add +0.5% | 0.19% | +0.03 |
| JBSS John B. Sanfilippo & Son Inc. | Add +27.8% | 0.09% | +0.02 |
| MTW Manitowoc Company Inc. | Add +17.1% | 0.08% | +0.02 |
| HOG Harley-Davidson Inc. | Add +158.1% | 0.04% | +0.02 |
| BLK BlackRock Inc. | New | 0.02% | +0.02 |
| TWIN Twin Disc Inc. | Add +5.1% | 0.10% | +0.02 |
| GATX Gatx Corp. | Add +24.1% | 0.07% | +0.01 |
| SLGN Silgan Holdings Inc. | Add +12.4% | 0.23% | +0.01 |
| AEYE Audioeye Inc. | Add +43.6% | 0.18% | +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 |