Q3 2026 13F · SEC CIK 1299910

Skylands Capital, LLC

Hedge fundFiled 2026-10-21 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $762.1M
Reported positions: 164
Top holdings a year, 3 yrs: +16.4%
Assets under management: $746.5M

Skylands Capital, LLC is a hedge fund that reported 164 positions worth $762.1M in its Q3 2026 13F, filed 2026-10-21. Its largest holdings were Union Pac Corp (UNP, 7.3%), Alphabet Inc (GOOGL, 5.7%), General Mtrs Co (GM, 4.3%). A portfolio copying its top holdings returned 16.4% a year over the last 3 years, against 20.4% for the S&P 500.

Skylands Capital, LLC holdings largest 50 of 164 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Skylands Capital, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
UNPUnion Pac Corp	7.3%	6.8%	203,220	-0.9%	$55.3M
GOOGLAlphabet Inc	5.7%	5.6%	127,250	+0.6%	$43.8M
GMGeneral Mtrs Co	4.3%	4.0%	423,010	-0.9%	$32.6M
DBDDiebold Nixdorf Inc	4.3%	4.9%	531,510	+13.3%	$32.5M
AAPLApple Inc	3.8%	3.3%	87,815	-4.3%	$29.2M
CCICrown Castle Inc	2.8%	2.6%	317,010	+13.6%	$21.1M
CNRCore Nat Res Inc	2.6%	2.2%	226,897	+0.3%	$19.5M
NSCNorfolk Southn Corporation	2.3%	2.1%	57,730	+4.8%	$17.8M
OSKOshkosh Corp	2.2%	2.5%	131,054	-1.9%	$16.9M
SBACSba Communications Corp	2.2%	2.4%	102,580	-5.8%	$16.4M
CCitigroup Inc	2.0%	2.1%	120,015	-0.5%	$15.5M
TAPMolson Coors Beverage Co	1.8%	1.9%	386,050	-2.0%	$14.1M
VVisa Inc	1.7%	1.6%	35,935	-4.8%	$12.9M
CHDNChurchill Downs Inc	1.7%	1.1%	167,256	+62.0%	$12.7M
GEHCGe Healthcare Technologies I	1.6%	1.5%	191,065	-1.5%	$12.5M
OCOwens Corning New	1.6%	2.2%	106,915	-6.6%	$12.5M
WABWabtec	1.6%	1.4%	42,305	-0.5%	$12.1M
BBarrick Mng Corp	1.4%	1.2%	260,275	-0.3%	$10.6M
LOPEGrand Canyon Ed Inc	1.3%	1.0%	66,715	+15.9%	$10.1M
AMTAmerican Tower Corp	1.3%	1.2%	60,041	-2.4%	$9.8M
TMUST-Mobile US Inc	1.2%	1.2%	58,300	-1.8%	$9.5M
GLDSpdr Gold Tr	1.2%	1.1%	24,590	+0.0%	$9.4M
SSNCSs&c Tech Hldgs	1.2%	1.3%	119,375	-27.8%	$9.2M
ENSEnersys	1.1%	1.3%	47,590	+7.3%	$8.7M
ADEAAdeia Inc	1.1%	1.4%	334,150	-0.2%	$8.6M
BMYBristol-Myers Squibb Co	1.1%	1.0%	131,000	-5.6%	$8.2M
WMBWilliams Cos	1.1%	1.1%	118,225	-0.2%	$8.0M
CSXCsx Corp	1.1%	1.1%	172,425	-6.2%	$8.0M
JPMJpmorgan Chase & Co	1.0%	1.0%	23,645	-0.6%	$7.8M
XOPSpdr Series Trust	1.0%	0.8%	41,435	-5.6%	$7.4M
SIMOSilicon Motion Technology Co	1.0%	1.4%	26,314	-23.1%	$7.4M
EXPEagle Matls Inc	0.9%	1.0%	41,900	+12.3%	$7.2M
ADBEAdobe Inc	0.9%	1.2%	29,805	-39.3%	$7.2M
JYNTJoint Corp	0.9%	1.0%	946,045	+5.6%	$7.0M
COHRCoherent Corp	0.8%	1.1%	21,680	-0.5%	$6.2M
QDELQuidelortho Corp	0.8%	1.2%	582,464	+3.9%	$6.1M
HCCWarrior Met Coal Inc	0.8%	0.7%	68,707	+3.3%	$6.1M
RTXRtx Corporation	0.8%	0.7%	32,090	-0.1%	$6.0M
MPMp Materials Corp	0.7%	0.7%	117,245	+12.2%	$5.5M
MITKMitek Sys Inc	0.7%	0.9%	324,600	-13.5%	$5.5M
SCHWCharles Schwab Corp (the)	0.7%	1.6%	56,050	-59.9%	$5.5M
GNRCGenerac Hldgs Inc	0.7%	0.9%	26,440	+8.1%	$5.5M
LKQLkq Corp	0.7%	0.8%	237,800	-1.1%	$5.4M
DECKDeckers Outdoor Corp	0.7%	—	67,075	—	$5.2M
ONOn Semiconductor Corp	0.7%	0.8%	66,720	-2.8%	$5.1M
METAMeta Platforms Inc	0.7%	0.7%	7,035	-28.7%	$5.1M
ELANElanco Animal Health Inc	0.6%	0.6%	211,525	+1.1%	$4.7M
HLMNHillman Solutions Corp	0.6%	0.6%	664,200	+15.4%	$4.6M
AEMAgnico Eagle Mines Ltd	0.6%	—	24,050	—	$4.4M
NEMNewmont Corp	0.6%	—	38,090	—	$4.4M

What Skylands Capital, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

CHDN Churchill Downs Inc+62.0% shares
LOPE Grand Canyon Ed Inc+15.9% shares
HLMN Hillman Solutions Corp+15.4% shares
CCI Crown Castle Inc+13.6% shares
DBD Diebold Nixdorf Inc+13.3% shares
EXP Eagle Matls Inc+12.3% shares
MP Mp Materials Corp+12.2% shares
GNRC Generac Hldgs Inc+8.1% shares

Reduced

SCHW Charles Schwab Corp (the)-59.9% shares
ADBE Adobe Inc-39.3% shares
META Meta Platforms Inc-28.7% shares
SSNC Ss&c Tech Hldgs-27.8% shares
SIMO Silicon Motion Technology Co-23.1% shares
MITK Mitek Sys Inc-13.5% shares
OC Owens Corning New-6.6% shares
CSX Csx Corp-6.2% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +26.7% /yr; S&P 500 +20.1%
3 years: +16.4% /yr; S&P 500 +20.4%
5 years: +8.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$762.1M	164
Q2 2026	$813.9M	166
Q1 2026	$763.0M	155
Q4 2025	$737.1M	150
Q3 2025	$723.5M	152
Q2 2025	$689.5M	152
Q1 2025	$692.7M	153
Q4 2024	$715.8M	150
Q3 2024	$737.1M	154
Q2 2024	$705.4M	156
Q1 2024	$723.9M	152
Q4 2023	$679.3M	144

Questions about Skylands Capital, LLC's portfolio

What stocks does Skylands Capital, LLC own?

Skylands Capital, LLC's latest 13F, for Q3 2026 and filed Oct 21, 2026, lists 164 positions worth $762.1M. The largest are Union Pac Corp (UNP) at 7.3%, Alphabet Inc (GOOGL) at 5.7%, General Mtrs Co (GM) at 4.3%, Diebold Nixdorf Inc (DBD) at 4.3% and Apple Inc (AAPL) at 3.8%.

What did Skylands Capital, LLC buy last quarter?

In Q3 2026, Skylands Capital, LLC added Churchill Downs Inc (CHDN) (+62.0% shares), Grand Canyon Ed Inc (LOPE) (+15.9% shares) and Hillman Solutions Corp (HLMN) (+15.4% shares), compared with its Q2 2026 filing.

What did Skylands Capital, LLC sell last quarter?

In Q3 2026, Skylands Capital, LLC cut from its top 50 United Parcel Svcs Inc (UPS), cut from its top 50 Lovesac Co (LOVE), cut from its top 50 Best Buy Inc (BBY), Charles Schwab Corp (the) (SCHW) (-59.9% shares), Adobe Inc (ADBE) (-39.3% shares) and Meta Platforms Inc (META) (-28.7% shares), compared with its Q2 2026 filing.

How has Skylands Capital, LLC's portfolio performed?

A portfolio copying Skylands Capital, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +26.7% against +20.1%. Over 5 years: +8.2% a year against +11.6%.

When is Skylands Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Skylands Capital, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Skylands Capital, LLC manage?

Skylands Capital, LLC reported $746.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $762.1M.