Skylands Capital, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 22, 2026), Skylands Capital, LLC reported 155 stock positions worth $763.0 million. Its top holding was Union Pacific (UNP) at 6.9% of the portfolio, followed by Alphabet Class A (GOOGL, 5.5%) and Diebold Nixdorf (DBD, 4.5%). Compared with Q4 2025, it opened 18 new positions, sold out of 13, added to 43 and reduced 78. The biggest buy was a new position in Churchill Downs (CHDN) and the biggest sale Alphabet Class A (GOOGL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001299910
- Portfolio Value
- $763.0M (Q1 2026)
- SEC Filing
- 0001821268-26-000073 ↗ filed Apr 22, 2026
Holdings Value
Holdings 155 stocks · $763.0M
| UNP Union Pacific Corp. | 6.91% | 217,255 | $52.7M | Reduce -2.5% |
| GOOGL Alphabet Inc. Class A | 5.52% | 146,360 | $42.1M | Reduce -1.3% |
| DBD Diebold Nixdorf Inc. | 4.54% | 459,100 | $34.6M | Reduce -3.2% |
| GM General Motors Co. | 4.17% | 427,135 | $31.8M | Reduce -3.8% |
| AAPL Apple Inc. | 3.22% | 96,795 | $24.6M | Reduce -0.5% |
| CCI Crown Castle Inc. | 3.05% | 286,635 | $23.3M | Add +9.4% |
| CNR Core Natural Resources Inc. | 2.93% | 213,577 | $22.4M | Reduce -1.9% |
| OSK Oshkosh Corp. | 2.59% | 134,379 | $19.8M | Reduce -3.4% |
| SBAC SBA Communications Corp. | 2.57% | 113,750 | $19.6M | Add +17.6% |
| NSC Norfolk Southern Corp. | 2.08% | 55,290 | $15.9M | Reduce -4.5% |
| TAP Molson Coors Beverage Co. Class B | 1.93% | 342,800 | $14.8M | Add +38.0% |
| C Citigroup Inc. | 1.89% | 127,300 | $14.4M | Add +1.2% |
| OC Owens Corning | 1.85% | 130,745 | $14.1M | Reduce -5.3% |
| COHR Coherent Corp. | 1.70% | 54,337 | $12.9M | Reduce -14.0% |
| GEHC GE Healthcare Technology | 1.50% | 161,090 | $11.5M | Add +28.3% |
| V Visa Inc. Class A | 1.46% | 36,885 | $11.1M | Reduce -0.2% |
| WAB Wabtec Corp. | 1.43% | 43,645 | $10.9M | Reduce -1.7% |
| B Barrick Mining Corp. | 1.40% | 262,175 | $10.7M | Reduce -3.4% |
| GLD SPDR Gold Shares | 1.40% | 24,740 | $10.6M | Reduce -1.2% |
| AMT American Tower Corp. | 1.33% | 58,710 | $10.1M | Reduce -7.9% |
| CSX CSX Corp. | 1.32% | 245,300 | $10.1M | Reduce -6.9% |
| ADEA Adeia Inc. | 1.28% | 405,950 | $9.8M | Reduce -29.1% |
| SCHW Schwab (charles) Corp. | 1.23% | 99,650 | $9.4M | Add +112.0% |
| SSNC Ss&c Technologies Holdings | 1.23% | 138,475 | $9.4M | Add +71.6% |
| WMB Williams Cos Inc. | 1.21% | 127,125 | $9.3M | Reduce -4.3% |
| ENS Enersys | 1.17% | 51,200 | $8.9M | Reduce -0.1% |
| TMUS T-Mobile US Inc. | 1.13% | 41,100 | $8.6M | Reduce -6.1% |
| BMY Bristol-Myers Squibb Co. | 1.12% | 141,400 | $8.6M | Reduce -0.8% |
| XOP SS SPDR S&P Og Exp & Prod | 1.09% | 45,585 | $8.3M | Reduce -26.0% |
| JYNT The Joint Corp. | 1.04% | 893,195 | $7.9M | Add +0.3% |
| LOPE Grand Canyon Education Inc. | 1.03% | 46,415 | $7.9M | Add +9.3% |
| JPM JPMorgan Chase & Co. | 0.98% | 25,385 | $7.5M | Reduce -0.3% |
| EXP Eagle Materials Inc. | 0.93% | 37,310 | $7.1M | Reduce -7.7% |
| CHDN Churchill Downs Inc. | 0.86% | 73,400 | $6.6M | New |
| RTX RTX Corp. | 0.81% | 32,135 | $6.2M | Reduce -5.1% |
| KEX Kirby Corp. | 0.80% | 45,930 | $6.1M | Reduce -56.0% |
| ADBE Adobe Inc. | 0.80% | 25,095 | $6.1M | New |
| LKQ LKQ Corp. | 0.76% | 197,600 | $5.8M | Reduce -8.9% |
| QDEL Quidelortho Corp. | 0.74% | 341,554 | $5.6M | Add +153.6% |
| SIMO Silicon Motion Technol-ADR | 0.72% | 49,169 | $5.5M | Reduce -7.6% |
| GNRC Generac Holdings Inc. | 0.70% | 27,540 | $5.4M | Reduce -3.0% |
| MITK Mitek Systems Inc. | 0.70% | 393,400 | $5.3M | Add +30.0% |
| UPS United Parcel Service Class B | 0.67% | 51,950 | $5.1M | Add +0.8% |
| MP MP Materials Corp. | 0.66% | 104,395 | $5.0M | Reduce -0.2% |
| ELAN Elanco Animal Health Inc. | 0.66% | 209,225 | $5.0M | Reduce -2.0% |
| META Meta Platforms Inc. Class A | 0.65% | 8,690 | $5.0M | Add +5.9% |
| AEM Agnico Eagle Mines Ltd. | 0.65% | 24,255 | $4.9M | Reduce -0.6% |
| LOVE The Lovesac Co. | 0.64% | 332,947 | $4.9M | Add +14.3% |
| MTX Minerals Technologies Inc. | 0.61% | 65,305 | $4.6M | Reduce -15.2% |
| ON On Semiconductor | 0.60% | 73,420 | $4.5M | Reduce -0.3% |
| HLMN Hillman Solutions Corp. | 0.59% | 538,600 | $4.5M | Add +42.1% |
| NEM Newmont Corp. | 0.55% | 38,625 | $4.2M | Reduce -1.3% |
| MSFT Microsoft Corp. | 0.54% | 11,155 | $4.1M | Add +1629.5% |
| BBY Best Buy Co. Inc. | 0.52% | 61,950 | $4.0M | Add +42.7% |
| XLE SS Energy Select Sector | 0.51% | 64,050 | $3.9M | Reduce -32.9% |
| AMZN Amazon.com Inc. | 0.51% | 18,785 | $3.9M | Add +35.4% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.50% | 74,900 | $3.8M | Reduce -15.2% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.50% | 85,365 | $3.8M | Add +28.1% |
| LECO Lincoln Electric Holdings | 0.49% | 15,070 | $3.8M | Reduce -0.1% |
| HAE Haemonetics Corp. | 0.49% | 65,825 | $3.7M | Add +80.5% |
| MTUS Metallus Inc. | 0.47% | 220,500 | $3.6M | Add +7.3% |
| HAL Halliburton Co. | 0.47% | 92,100 | $3.6M | Reduce -13.6% |
| MLM Martin Marietta Materials | 0.45% | 5,810 | $3.4M | Reduce -2.3% |
| GPK Graphic Packaging Holding Co. | 0.44% | 338,902 | $3.4M | Reduce -11.9% |
| PLAB Photronics Inc. | 0.43% | 82,050 | $3.3M | Reduce -10.3% |
| HLLY Holley Inc. | 0.40% | 993,850 | $3.1M | Reduce -4.0% |
| WSC Willscot Holdings Corp. | 0.40% | 175,450 | $3.0M | Reduce -7.2% |
| PRDO Perdoceo Education Corp. | 0.40% | 81,500 | $3.0M | New |
| SPGI S&P Global Inc. | 0.39% | 7,003 | $3.0M | Add +293.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 58,400 | $2.8M | Reduce -0.4% |
| JOUT Johnson Outdoors Inc. Class A | 0.36% | 59,484 | $2.8M | Reduce -28.8% |
| FMC FMC Corp. | 0.36% | 160,625 | $2.8M | Reduce -14.5% |
| GOOG Alphabet Inc. Class C | 0.36% | 9,500 | $2.7M | No change |
| UNH Unitedhealth Group Inc. | 0.34% | 9,695 | $2.6M | Add +20.9% |
| ALGN Align Technology Inc. | 0.34% | 15,300 | $2.6M | Reduce -25.0% |
| NPKI NPK International Inc. | 0.31% | 164,300 | $2.4M | Reduce -3.2% |
| MATW Matthews Intl Corp. Class A | 0.30% | 88,800 | $2.3M | Reduce -2.9% |
| ICLR Icon PLC | 0.28% | 19,300 | $2.1M | Add +241.6% |
| HCC Warrior Met Coal Inc. | 0.28% | 22,900 | $2.1M | Add +72.8% |
| VNT Vontier Corp. | 0.28% | 59,150 | $2.1M | Reduce -9.3% |
| PGR Progressive Corp. | 0.27% | 10,425 | $2.1M | Add +73.0% |
| VITL Vital Farms Inc. | 0.25% | 137,600 | $1.9M | New |
| ATRO Astronics Corp. | 0.25% | 28,800 | $1.9M | No change |
| FCG First Trust Natural Gas ETF | 0.25% | 60,050 | $1.9M | Reduce -25.8% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 3,825 | $1.9M | New |
| TKR Timken Co. | 0.23% | 17,600 | $1.8M | Reduce -10.0% |
| CPB The Campbell's Company | 0.23% | 79,450 | $1.8M | New |
| SLGN Silgan Holdings Inc. | 0.22% | 43,300 | $1.7M | Add +0.9% |
| XRAY Dentsply Sirona Inc. | 0.21% | 136,700 | $1.6M | Add +44.8% |
| BIO Bio-Rad Laboratories-A | 0.21% | 5,650 | $1.6M | Add +56.9% |
| WCC Wesco International Inc. | 0.20% | 5,615 | $1.5M | Reduce -0.3% |
| MBLY Mobileye Global Inc. Class A | 0.19% | 208,000 | $1.4M | Reduce -27.5% |
| AEYE Audioeye Inc. | 0.19% | 222,850 | $1.4M | Add +67.2% |
| OXY Occidental Petroleum Corp. | 0.19% | 21,800 | $1.4M | Reduce -29.5% |
| BC Brunswick Corp. | 0.18% | 18,400 | $1.3M | Reduce -3.8% |
| CCOI Cogent Communications Holdin | 0.17% | 68,650 | $1.3M | Add +11.5% |
| CSGP Costar Group Inc. | 0.17% | 32,050 | $1.3M | Add +88.0% |
| NATR Natures Sunshine Prods Inc. | 0.17% | 52,650 | $1.3M | Reduce -70.9% |
| ZETA Zeta Global Holdings Corp. Class A | 0.16% | 78,950 | $1.3M | Add +92.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.15% | 12,931 | $1.2M | Add +27.8% |
Portfolio Sells Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 5.52% | −0.78 |
| KEX Kirby Corp. | Reduce -56.0% | 0.80% | −0.76 |
| GM General Motors Co. | Reduce -3.8% | 4.17% | −0.73 |
| DENN Denny's Corp. | Sold out | 0.00% | −0.49 |
| AIN Albany Intl Corp. Class A | Sold out | 0.00% | −0.43 |
| AAPL Apple Inc. | Reduce -0.5% | 3.22% | −0.37 |
| NATR Natures Sunshine Prods Inc. | Reduce -70.9% | 0.17% | −0.36 |
| GPK Graphic Packaging Holding Co. | Reduce -11.9% | 0.44% | −0.34 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.33 |
| V Visa Inc. Class A | Reduce -0.2% | 1.46% | −0.30 |
| MATX Matson Inc. | Sold out | 0.00% | −0.26 |
| OC Owens Corning | Reduce -5.3% | 1.85% | −0.24 |
| MBLY Mobileye Global Inc. Class A | Reduce -27.5% | 0.19% | −0.22 |
| EXP Eagle Materials Inc. | Reduce -7.7% | 0.93% | −0.21 |
| B Barrick Mining Corp. | Reduce -3.4% | 1.40% | −0.20 |
| AMT American Tower Corp. | Reduce -7.9% | 1.33% | −0.19 |
| KOP Koppers Holdings Inc. | Reduce -73.9% | 0.11% | −0.19 |
| NSC Norfolk Southern Corp. | Reduce -4.5% | 2.08% | −0.19 |
| HLLY Holley Inc. | Reduce -4.0% | 0.40% | −0.18 |
| SAM Boston Beer Company Inc. Class A | Sold out | 0.00% | −0.16 |
| BLMN Bloomin' Brands Inc. | Reduce -61.7% | 0.07% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 0.98% | −0.13 |
| LKQ LKQ Corp. | Reduce -8.9% | 0.76% | −0.13 |
| JOUT Johnson Outdoors Inc. Class A | Reduce -28.8% | 0.36% | −0.12 |
| THRY Thryv Holdings Inc. | Sold out | 0.00% | −0.11 |
| CBOE Cboe Global Markets Inc. | Reduce -75.0% | 0.04% | −0.10 |
| ALGN Align Technology Inc. | Reduce -25.0% | 0.34% | −0.09 |
| UNP Union Pacific Corp. | Reduce -2.5% | 6.91% | −0.09 |
| WSC Willscot Holdings Corp. | Reduce -7.2% | 0.40% | −0.08 |
| CENTA Central Garden and Pet Co. Class A | Reduce -82.1% | 0.02% | −0.08 |
| TMUS T-Mobile US Inc. | Reduce -6.1% | 1.13% | −0.07 |
| XLE SS Energy Select Sector | Reduce -32.9% | 0.51% | −0.06 |
| BAC Bank of America Corp. | Reduce -0.4% | 0.37% | −0.06 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −0.06 |
| ADM Archer-Daniels-Midland Co. | Reduce -42.7% | 0.14% | −0.06 |
| ADEA Adeia Inc. | Reduce -29.1% | 1.28% | −0.06 |
| MP MP Materials Corp. | Reduce -0.2% | 0.66% | −0.06 |
| MLM Martin Marietta Materials | Reduce -2.3% | 0.45% | −0.05 |
| VNT Vontier Corp. | Reduce -9.3% | 0.28% | −0.05 |
| HOG Harley-Davidson Inc. | Sold out | 0.00% | −0.04 |
| XPOF Xponential Fitness Inc. Class A | Sold out | 0.00% | −0.04 |
| GLOO Gloo Holdings Inc. Class A | Reduce -42.3% | 0.03% | −0.04 |
| CTSO Cytosorbents Corp. | Reduce -7.9% | 0.13% | −0.03 |
| RTX RTX Corp. | Reduce -5.1% | 0.81% | −0.03 |
| MTX Minerals Technologies Inc. | Reduce -15.2% | 0.61% | −0.03 |
| QRHC Quest Resource Holding Corp. | Reduce -16.1% | 0.03% | −0.02 |
| MATW Matthews Intl Corp. Class A | Reduce -2.9% | 0.30% | −0.02 |
| TWIN Twin Disc Inc. | Reduce -6.8% | 0.08% | −0.02 |
| BC Brunswick Corp. | Reduce -3.8% | 0.18% | −0.02 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| CHDN Churchill Downs Inc. | New | 0.86% | +0.86 |
| ADBE Adobe Inc. | New | 0.80% | +0.80 |
| SCHW Schwab (charles) Corp. | Add +112.0% | 1.23% | +0.59 |
| MSFT Microsoft Corp. | Add +1629.5% | 0.54% | +0.50 |
| PRDO Perdoceo Education Corp. | New | 0.40% | +0.40 |
| TAP Molson Coors Beverage Co. Class B | Add +38.0% | 1.93% | +0.36 |
| SSNC Ss&c Technologies Holdings | Add +71.6% | 1.23% | +0.27 |
| SPGI S&P Global Inc. | Add +293.4% | 0.39% | +0.26 |
| MITK Mitek Systems Inc. | Add +30.0% | 0.70% | +0.26 |
| VITL Vital Farms Inc. | New | 0.25% | +0.25 |
| TMO Thermo Fisher Scientific Inc. | New | 0.25% | +0.25 |
| CPB The Campbell's Company | New | 0.23% | +0.23 |
| QDEL Quidelortho Corp. | Add +153.6% | 0.74% | +0.21 |
| HLMN Hillman Solutions Corp. | Add +42.1% | 0.59% | +0.14 |
| ICLR Icon PLC | Add +241.6% | 0.28% | +0.14 |
| FDS Factset Research Systems Inc. | New | 0.13% | +0.13 |
| BBY Best Buy Co. Inc. | Add +42.7% | 0.52% | +0.13 |
| HCC Warrior Met Coal Inc. | Add +72.8% | 0.28% | +0.12 |
| GEHC GE Healthcare Technology | Add +28.3% | 1.50% | +0.11 |
| HAE Haemonetics Corp. | Add +80.5% | 0.49% | +0.09 |
| PGR Progressive Corp. | Add +73.0% | 0.27% | +0.08 |
| CWST Casella Waste Systems Inc. Class A | Add +2945.4% | 0.09% | +0.08 |
| AMZN Amazon.com Inc. | Add +35.4% | 0.51% | +0.08 |
| UHAL.B U-Haul Holding Co.-Non Voting | Add +28.1% | 0.50% | +0.08 |
| LOPE Grand Canyon Education Inc. | Add +9.3% | 1.03% | +0.08 |
| MZTI The Marzetti Company | New | 0.07% | +0.07 |
| XRAY Dentsply Sirona Inc. | Add +44.8% | 0.21% | +0.06 |
| LOVE The Lovesac Co. | Add +14.3% | 0.64% | +0.06 |
| BIO Bio-Rad Laboratories-A | Add +56.9% | 0.21% | +0.06 |
| DNOW Dnow Inc. | Add +84.7% | 0.14% | +0.05 |
| JBSS John B. Sanfilippo & Son Inc. | Add +48.4% | 0.14% | +0.05 |
| ZETA Zeta Global Holdings Corp. Class A | Add +92.6% | 0.16% | +0.05 |
| WAT Waters Corp. | New | 0.05% | +0.05 |
| AR Antero Resources Corp. | New | 0.05% | +0.05 |
| TNC Tennant Co. | Add +65.1% | 0.11% | +0.03 |
| RJF Raymond James Financial Inc. | Add +51.6% | 0.13% | +0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Add +27.8% | 0.15% | +0.03 |
| SBAC SBA Communications Corp. | Add +17.6% | 2.57% | +0.03 |
| CRM Salesforce Inc. | New | 0.02% | +0.02 |
| NVDA Nvidia Corp. | New | 0.02% | +0.02 |
| MTW Manitowoc Company Inc. | Add +35.9% | 0.10% | +0.02 |
| SLV iShares Silver Trust | New | 0.02% | +0.02 |
| CZR Caesars Entertainment Inc. | New | 0.01% | +0.01 |
| CSGP Costar Group Inc. | Add +88.0% | 0.17% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| FISV Fiserv Inc. | New | 0.01% | +0.01 |
| ASUR Asure Software Inc. | Add +48.2% | 0.05% | +0.01 |
| COIN Coinbase Global Inc. Class A | New | 0.01% | +0.01 |
| PZZA Papa John's Intl Inc. | New | 0.01% | +0.01 |
| AEYE Audioeye Inc. | Add +67.2% | 0.19% | +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 |