SKYLANDS CAPITAL, LLC

PrivateCIK: 1299910

Location

MILWAUKEE, WI

164

Positions

$762.06M

Total AUM (reported)

14.72M

Total Shares

Allocation by class

COM$502.47M65.9%

COM SHS$69.06M9.1%

CAP STK CL A$43.78M5.7%

CL A$25.80M3.4%

COM NEW$24.78M3.3%

COM CL A$20.53M2.7%

CL B$19.90M2.6%

Portfolio Concentration

Top 3$131.66M17.3%

4–10$153.53M20.1%

11–25$168.20M22.1%

Rest$308.67M40.5%

Top 3 weight

17.3%

Top 10 weight

37.4%

Voting Authority Distribution

Total shares with voting rights: 14.72M

Sole

Full voting authority

13.78M

% of voting shares93.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

944.96K

% of voting shares6.4%

Investment Discretion (by position count)

Sole164

Shared0

Other0

Dominant voting typeSole · 93.6% of voting shares

Institutional Holdings164

Rows:

UNION PAC CORP

SOLE

COM

Shares203.22K

TypeSH

Market value$55.30M

7.26%

Sole

203.22K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

CAP STK CL A

Shares127.25K

TypeSH

Market value$43.78M

5.75%

Sole

121.25K

Shared

0.00

None

GENERAL MTRS CO

SOLE

COM

Shares423.01K

TypeSH

Market value$32.57M

4.27%

Sole

423.01K

Shared

0.00

None

0.00

DIEBOLD NIXDORF INC

SOLE

COM SHS

Shares531.51K

TypeSH

Market value$32.54M

4.27%

Sole

474.51K

Shared

0.00

None

57K

APPLE INC

SOLE

COM

Shares87.81K

TypeSH

Market value$29.24M

3.84%

Sole

87.81K

Shared

0.00

None

0.00

CROWN CASTLE INC

SOLE

COM

Shares317.01K

TypeSH

Market value$21.13M

2.77%

Sole

317.01K

Shared

0.00

None

0.00

CORE NATURAL RESOURCES INC

SOLE

COM SHS

Shares226.90K

TypeSH

Market value$19.48M

2.56%

Sole

226.90K

Shared

0.00

None

0.00

NORFOLK SOUTHN CORP

SOLE

COM

Shares57.73K

TypeSH

Market value$17.84M

2.34%

Sole

57.73K

Shared

0.00

None

0.00

OSHKOSH CORP

SOLE

COM

Shares131.05K

TypeSH

Market value$16.88M

2.22%

Sole

131.05K

Shared

0.00

None

0.00

SBA COMMUNICATIONS CORP

SOLE

CL A

Shares102.58K

TypeSH

Market value$16.43M

2.16%

Sole

81.08K

Shared

0.00

None

21.50K

CITIGROUP INC

SOLE

COM NEW

Shares120.02K

TypeSH

Market value$15.54M

2.04%

Sole

120.02K

Shared

0.00

None

0.00

MOLSON COORS BEVERAGE CO

SOLE

CL B

Shares386.05K

TypeSH

Market value$14.08M

1.85%

Sole

293.55K

Shared

0.00

None

92.50K

VISA INC

SOLE

COM CL A

Shares35.94K

TypeSH

Market value$12.91M

1.69%

Sole

35.94K

Shared

0.00

None

0.00

CHURCHILL DOWNS INC

SOLE

COM

Shares167.26K

TypeSH

Market value$12.66M

1.66%

Sole

110.76K

Shared

0.00

None

56.50K

GE HEALTHCARE TECHNOLOGIES I

SOLE

COMMON STOCK

Shares191.06K

TypeSH

Market value$12.49M

1.64%

Sole

166.06K

Shared

0.00

None

25K

OWENS CORNING NEW

SOLE

COM

Shares106.92K

TypeSH

Market value$12.48M

1.64%

Sole

102.92K

Shared

0.00

None

WABTEC

SOLE

COM

Shares42.30K

TypeSH

Market value$12.15M

1.59%

Sole

42.30K

Shared

0.00

None

0.00

BARRICK MNG CORP

SOLE

COM SHS

Shares260.27K

TypeSH

Market value$10.59M

1.39%

Sole

260.27K

Shared

0.00

None

0.00

GRAND CANYON ED INC

SOLE

COM

Shares66.72K

TypeSH

Market value$10.11M

1.33%

Sole

66.72K

Shared

0.00

None

0.00

AMERICAN TOWER CORP

SOLE

COM

Shares60.04K

TypeSH

Market value$9.83M

1.29%

Sole

50.54K

Shared

0.00

None

9.50K

T-MOBILE US INC

SOLE

COM

Shares58.30K

TypeSH

Market value$9.51M

1.25%

Sole

46.80K

Shared

0.00

None

11.50K

SPDR GOLD TR

SOLE

GOLD SHS

Shares24.59K

TypeSH

Market value$9.36M

1.23%

Sole

24.59K

Shared

0.00

None

0.00

SS&C TECH HLDGS

SOLE

COM

Shares119.38K

TypeSH

Market value$9.20M

1.21%

Sole

110.38K

Shared

0.00

None

ENERSYS

SOLE

COM

Shares47.59K

TypeSH

Market value$8.73M

1.15%

Sole

47.59K

Shared

0.00

None

0.00

ADEIA INC

SOLE

COM

Shares334.15K

TypeSH

Market value$8.55M

1.12%

Sole

334.15K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
UNION PAC CORPSOLE	COM	203.22K	SH	$55.30M 7.26%	203.22K	0.00
ALPHABET INCSOLE	CAP STK CL A	127.25K	SH	$43.78M 5.75%	121.25K	6K
GENERAL MTRS COSOLE	COM	423.01K	SH	$32.57M 4.27%	423.01K	0.00
DIEBOLD NIXDORF INCSOLE	COM SHS	531.51K	SH	$32.54M 4.27%	474.51K	57K
APPLE INCSOLE	COM	87.81K	SH	$29.24M 3.84%	87.81K	0.00
CROWN CASTLE INCSOLE	COM	317.01K	SH	$21.13M 2.77%	317.01K	0.00
CORE NATURAL RESOURCES INCSOLE	COM SHS	226.90K	SH	$19.48M 2.56%	226.90K	0.00
NORFOLK SOUTHN CORPSOLE	COM	57.73K	SH	$17.84M 2.34%	57.73K	0.00
OSHKOSH CORPSOLE	COM	131.05K	SH	$16.88M 2.22%	131.05K	0.00
SBA COMMUNICATIONS CORPSOLE	CL A	102.58K	SH	$16.43M 2.16%	81.08K	21.50K
CITIGROUP INCSOLE	COM NEW	120.02K	SH	$15.54M 2.04%	120.02K	0.00
MOLSON COORS BEVERAGE COSOLE	CL B	386.05K	SH	$14.08M 1.85%	293.55K	92.50K
VISA INCSOLE	COM CL A	35.94K	SH	$12.91M 1.69%	35.94K	0.00
CHURCHILL DOWNS INCSOLE	COM	167.26K	SH	$12.66M 1.66%	110.76K	56.50K
GE HEALTHCARE TECHNOLOGIES ISOLE	COMMON STOCK	191.06K	SH	$12.49M 1.64%	166.06K	25K
OWENS CORNING NEWSOLE	COM	106.92K	SH	$12.48M 1.64%	102.92K	4K
WABTECSOLE	COM	42.30K	SH	$12.15M 1.59%	42.30K	0.00
BARRICK MNG CORPSOLE	COM SHS	260.27K	SH	$10.59M 1.39%	260.27K	0.00
GRAND CANYON ED INCSOLE	COM	66.72K	SH	$10.11M 1.33%	66.72K	0.00
AMERICAN TOWER CORPSOLE	COM	60.04K	SH	$9.83M 1.29%	50.54K	9.50K
T-MOBILE US INCSOLE	COM	58.30K	SH	$9.51M 1.25%	46.80K	11.50K
SPDR GOLD TRSOLE	GOLD SHS	24.59K	SH	$9.36M 1.23%	24.59K	0.00
SS&C TECH HLDGSSOLE	COM	119.38K	SH	$9.20M 1.21%	110.38K	9K
ENERSYSSOLE	COM	47.59K	SH	$8.73M 1.15%	47.59K	0.00
ADEIA INCSOLE	COM	334.15K	SH	$8.55M 1.12%	334.15K	0.00

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