Top Institutional Investors

Skylands Capital, LLC — 13F Holdings & Portfolio

CIK 1299910 · latest 13F-HR filed 2026-10-21

Backtest portfolio

Skylands Capital, LLC manages $762.1M in 13F-reported U.S. long-equity assets across 164 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are UNP (7.26%), GOOGL (5.75%), GM (4.27%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 16 new positions and exited 18; 39 existing positions rose in reported value and 80 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$762.1M

Long-equity book

Holdings
164

Distinct positions

Period
2026-09-30

Filed 2026-10-21

Q/Q Activity
+16 / −18 / ↑39 / ↓80

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
UNP7.3% · -1%GOOGL5.7% · +1%GM4.3% · -1%DBD4.3% · +13%AAPL3.8% · -4%CCI2.8% · +14%CNR2.6% · +0%NSC2.3% · +5%OSK2.2% · -2%SBAC2.2% · -6%C2.0% · -0%TAP1.8% · -2%V1.7% · -5%CHDN1.7% · +62%GEHC1.6% · -2%OC1.6% · -7%WAB1.6% · -0%B1.4% · -0%LOPE1.3% · +16%AMT1.3% · -2%TMUS1.2% · -2%GLD1.2% · 0%SSNC1.2% · -28%ENS1.1% · +7%ADEA1.1% · -0%BMY1.1% · -6%WMB1.1% · -0%CSX1.1% · -6%JPM1.0% · -1%XOP1.0% · -6%SIMO1.0% · -23%EXP0.9% · +12%ADBE0.9% · -39%JYNT0.9% · +6%COHR0.8% · -0%QDEL0.8% · +4%HCC0.8% · +3%RTX0.8% · -0%MP0.7% · +12%MITK0.7% · -14%SCHW0.7% · -60%GNRC0.7% · +8%LKQ0.7% · -1%DECK0.7% · newON0.7% · -3%META0.7% · -29%ELAN0.6% · +1%HLMN0.6% · +15%AEM0.6% · 0%NEM0.6% · -0%LOVE0.6% · -10%PRDO0.5% · +10%MSFT0.5% · -36%KEX0.5% · -12%LECO0.5% · 0%BBY0.5% · -29%ANET0.5% · -0%UPS0.5% · -24%VNT0.5% · -17%SLB0.5% · +0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 37.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated May 11, 2026.

Assets Under Management
$746.5M
Discretionary
$746.5M
Employees
9
Accounts
15
Address
1200 NORTH MAYFAIR ROAD
SUITE 250
MILWAUKEE, WI 53226-3287
Phone
(414) 256-3380
Website
Name Title / Status Ownership Type
PAQUELET, CHARLES, ANDREW ControlPRESIDENT, SOLE MEMBER
since Mar 2004
75% or moreIndividual
PULITO, STEVEN, FRANK ControlVICE PRESIDENT AND CHIEF OPERATIONS OFFICER
since Jul 2018
Less than 5%Individual
SCOTT, KEVIN, JOHN ControlVICE PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER
since Apr 2026
Less than 5%Individual
SHAFFAR, VIRGINIA, ELIZABETH ControlVICE PRESIDENT & TREASURER
since Nov 2019
Less than 5%Individual
Ownership & leadership changes · 9 filings with changes since Dec 20, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

May 11, 2026 filing
  • AddedSCOTT, KEVIN, JOHN · VICE PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedSHAFFAR, VIRGINIA, ELIZABETH · title VICE PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER → VICE PRESIDENT & TREASURER
Mar 25, 2021 filing
  • No longer listedHAIGHT, RHONDA, KELLY · CONSULTANT · Less than 5% · listed since Jul 2020
Jun 25, 2020 filing
  • ChangedHAIGHT, RHONDA, KELLY · title VICE PRESIDENT & TREASURER → CONSULTANT; no longer a control person
  • ChangedSHAFFAR, VIRGINIA, ELIZABETH · now a control person
Mar 23, 2020 filing
  • AddedSHAFFAR, VIRGINIA, ELIZABETH · VICE PRESIDENT, TREASURER & CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedHAIGHT, RHONDA, KELLY · title VICE PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER → VICE PRESIDENT & TREASURER
Mar 26, 2019 filing
  • Listed againPULITO, STEVEN, FRANK · VICE PRESIDENT AND CHIEF OPERATIONS OFFICER · Less than 5% · control person
Mar 26, 2018 filing
  • ChangedHAIGHT, RHONDA, KELLY · now a control person
Mar 27, 2017 filing
  • No longer listedPULITO, STEVEN, FRANK · VICE PRESIDENT CLIENT DEVELOPMENT · Less than 5% · listed since Jul 2013
Mar 28, 2014 filing
  • AddedPULITO, STEVEN, FRANK · VICE PRESIDENT CLIENT DEVELOPMENT · Less than 5%
Oct 10, 2013 filing
  • No longer listedCAVANAUGH, PAMELA, ANNE · VICE-PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Dec 2005
  • AddedHAIGHT, RHONDA, KELLY · VICE PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER · Less than 5%
Dec 20, 2011 filing (earliest on record)
  • ListedCAVANAUGH, PAMELA, ANNE · VICE-PRESIDENT, TREASURER AND CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedPAQUELET, CHARLES, ANDREW · PRESIDENT, SOLE MEMBER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Skylands Capital, LLC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 UNION PAC CORP UNP 907818108 $55.3M 7.26% 203,220 SH
2 ALPHABET INC GOOGL 02079K305 $43.8M 5.75% 127,250 SH
3 GENERAL MTRS CO GM 37045V100 $32.6M 4.27% 423,010 SH
4 DIEBOLD NIXDORF INC DBD 253651202 $32.5M 4.27% 531,510 SH
5 APPLE INC AAPL 037833100 $29.2M 3.84% 87,815 SH
6 CROWN CASTLE INC CCI 22822V101 $21.1M 2.77% 317,010 SH
7 CORE NATURAL RESOURCES INC CNR 218937100 $19.5M 2.56% 226,897 SH
8 NORFOLK SOUTHN CORP NSC 655844108 $17.8M 2.34% 57,730 SH
9 OSHKOSH CORP OSK 688239201 $16.9M 2.22% 131,054 SH
10 SBA COMMUNICATIONS CORP SBAC 78410G104 $16.4M 2.16% 102,580 SH
11 CITIGROUP INC C 172967424 $15.5M 2.04% 120,015 SH
12 MOLSON COORS BEVERAGE CO TAP 60871R209 $14.1M 1.85% 386,050 SH
13 VISA INC V 92826C839 $12.9M 1.69% 35,935 SH
14 CHURCHILL DOWNS INC CHDN 171484108 $12.7M 1.66% 167,256 SH
15 GE HEALTHCARE TECHNOLOGIES I GEHC 36266G107 $12.5M 1.64% 191,065 SH
16 OWENS CORNING NEW OC 690742101 $12.5M 1.64% 106,915 SH
17 WABTEC WAB 929740108 $12.1M 1.59% 42,305 SH
18 BARRICK MNG CORP B 06849F108 $10.6M 1.39% 260,275 SH
19 GRAND CANYON ED INC LOPE 38526M106 $10.1M 1.33% 66,715 SH
20 AMERICAN TOWER CORP AMT 03027X100 $9.8M 1.29% 60,041 SH
21 T-MOBILE US INC TMUS 872590104 $9.5M 1.25% 58,300 SH
22 SPDR GOLD TR GLD 78463V107 $9.4M 1.23% 24,590 SH
23 SS&C TECH HLDGS SSNC 78467J100 $9.2M 1.21% 119,375 SH
24 ENERSYS ENS 29275Y102 $8.7M 1.15% 47,590 SH
25 ADEIA INC ADEA 00676P107 $8.6M 1.12% 334,150 SH
26 BRISTOL-MYERS SQUIBB CO BMY 110122108 $8.2M 1.07% 131,000 SH
27 WILLIAMS COS INC WMB 969457100 $8.0M 1.05% 118,225 SH
28 CSX CORP CSX 126408103 $8.0M 1.05% 172,425 SH
29 JPMORGAN CHASE & CO JPM 46625H100 $7.8M 1.03% 23,645 SH
30 SPDR SERIES TRUST XOP 78468R556 $7.4M 0.98% 41,435 SH
31 SILICON MOTION TECHNOLOGY CO SIMO 82706C108 $7.4M 0.97% 26,314 SH
32 EAGLE MATLS INC EXP 26969P108 $7.2M 0.94% 41,900 SH
33 ADOBE INC ADBE 00724F101 $7.2M 0.94% 29,805 SH
34 JOINT CORP JYNT 47973J102 $7.0M 0.92% 946,045 SH
35 COHERENT CORP COHR 19247G107 $6.2M 0.82% 21,680 SH
36 QUIDELORTHO CORP QDEL 219798105 $6.1M 0.81% 582,464 SH
37 WARRIOR MET COAL INC HCC 93627C101 $6.1M 0.79% 68,707 SH
38 RTX CORPORATION RTX 75513E101 $6.0M 0.78% 32,090 SH
39 MP MATERIALS CORP MP 553368101 $5.5M 0.73% 117,245 SH
40 MITEK SYS INC MITK 606710200 $5.5M 0.73% 324,600 SH
41 CHARLES SCHWAB CORP (THE) SCHW 808513105 $5.5M 0.72% 56,050 SH
42 GENERAC HLDGS INC GNRC 368736104 $5.5M 0.72% 26,440 SH
43 LKQ CORP LKQ 501889208 $5.4M 0.71% 237,800 SH
44 DECKERS OUTDOOR CORP DECK 243537107 $5.2M 0.69% 67,075 SH
45 ON SEMICONDUCTOR CORP ON 682189105 $5.1M 0.67% 66,720 SH
46 META PLATFORMS INC META 30303M102 $5.1M 0.67% 7,035 SH
47 ELANCO ANIMAL HEALTH INC ELAN 28414H103 $4.7M 0.62% 211,525 SH
48 HILLMAN SOLUTIONS CORP HLMN 431636109 $4.6M 0.61% 664,200 SH
49 AGNICO EAGLE MINES LTD AEM 008474108 $4.4M 0.58% 24,050 SH
50 NEWMONT CORP NEM 651639106 $4.4M 0.58% 38,090 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-21 $762.1M 164 0001821268-26-000195
2026-06-30 2026-07-24 $813.9M 166 0001821268-26-000097
2026-03-31 2026-04-22 $763.0M 155 0001821268-26-000073
2025-12-31 2026-01-30 $737.1M 150 0001821268-26-000016
Filer Information
Address
1200 NORTH MAYFAIR ROAD
SUITE 250
MILWAUKEE, WI 53226
Phone
(414) 256-3380
Filing Manager
Skylands Capital, LLC
Milwaukee, WI
Signatory
Kevin J. Scott
Vice President & Treasurer