SKYLANDS CAPITAL, LLC

PrivateCIK: 1299910

Location

MILWAUKEE, WI

155

Positions

$763.03M

Total AUM (reported)

15.88M

Total Shares

Allocation by class

COM$493.08M64.6%

COM SHS$70.08M9.2%

CAP STK CL A$42.09M5.5%

CL A$33.62M4.4%

COM NEW$27.19M3.6%

CL B$19.87M2.6%

COM CL A$19.30M2.5%

Portfolio Concentration

Top 3$129.43M17.0%

4–10$157.29M20.6%

11–25$169.08M22.2%

Rest$307.23M40.3%

Top 3 weight

17.0%

Top 10 weight

37.6%

Voting Authority Distribution

Total shares with voting rights: 15.88M

Sole

Full voting authority

14.95M

% of voting shares94.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

926.01K

% of voting shares5.8%

Investment Discretion (by position count)

Sole155

Shared0

Other0

Dominant voting typeSole · 94.2% of voting shares

Institutional Holdings155

Rows:

UNION PAC CORP

SOLE

COM

Shares217.25K

TypeSH

Market value$52.71M

6.91%

Sole

215.75K

Shared

0.00

None

1.50K

ALPHABET INC

SOLE

CAP STK CL A

Shares146.36K

TypeSH

Market value$42.09M

5.52%

Sole

138.36K

Shared

0.00

None

DIEBOLD NIXDORF INC

SOLE

COM SHS

Shares459.10K

TypeSH

Market value$34.63M

4.54%

Sole

429.10K

Shared

0.00

None

30K

GENERAL MTRS CO

SOLE

COM

Shares427.13K

TypeSH

Market value$31.82M

4.17%

Sole

427.13K

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares96.80K

TypeSH

Market value$24.57M

3.22%

Sole

96.80K

Shared

0.00

None

0.00

CROWN CASTLE INC

SOLE

COM

Shares286.63K

TypeSH

Market value$23.31M

3.05%

Sole

286.63K

Shared

0.00

None

0.00

CORE NATURAL RESOURCES INC

SOLE

COM SHS

Shares213.58K

TypeSH

Market value$22.37M

2.93%

Sole

213.58K

Shared

0.00

None

0.00

OSHKOSH CORP

SOLE

COM

Shares134.38K

TypeSH

Market value$19.78M

2.59%

Sole

134.38K

Shared

0.00

None

0.00

SBA COMMUNICATIONS CORP

SOLE

CL A

Shares113.75K

TypeSH

Market value$19.58M

2.57%

Sole

88.25K

Shared

0.00

None

25.50K

NORFOLK SOUTHN CORP

SOLE

COM

Shares55.29K

TypeSH

Market value$15.87M

2.08%

Sole

55.29K

Shared

0.00

None

0.00

MOLSON COORS BEVERAGE CO

SOLE

CL B

Shares342.80K

TypeSH

Market value$14.76M

1.93%

Sole

261.80K

Shared

0.00

None

81K

CITIGROUP INC

SOLE

COM NEW

Shares127.30K

TypeSH

Market value$14.44M

1.89%

Sole

127.30K

Shared

0.00

None

0.00

OWENS CORNING NEW

SOLE

COM

Shares130.75K

TypeSH

Market value$14.15M

1.85%

Sole

115.75K

Shared

0.00

None

15K

COHERENT CORP

SOLE

COM

Shares54.34K

TypeSH

Market value$12.94M

1.70%

Sole

54.34K

Shared

0.00

None

0.00

GE HEALTHCARE TECHNOLOGIES I

SOLE

COMMON STOCK

Shares161.09K

TypeSH

Market value$11.47M

1.50%

Sole

140.59K

Shared

0.00

None

20.50K

VISA INC

SOLE

COM CL A

Shares36.88K

TypeSH

Market value$11.15M

1.46%

Sole

36.88K

Shared

0.00

None

0.00

WABTEC

SOLE

COM

Shares43.65K

TypeSH

Market value$10.91M

1.43%

Sole

43.65K

Shared

0.00

None

0.00

BARRICK MNG CORP

SOLE

COM SHS

Shares262.18K

TypeSH

Market value$10.69M

1.40%

Sole

262.18K

Shared

0.00

None

0.00

SPDR GOLD TR

SOLE

GOLD SHS

Shares24.74K

TypeSH

Market value$10.65M

1.40%

Sole

24.74K

Shared

0.00

None

0.00

AMERICAN TOWER CORP

SOLE

COM

Shares58.71K

TypeSH

Market value$10.13M

1.33%

Sole

55.21K

Shared

0.00

None

3.50K

CSX CORP

SOLE

COM

Shares245.30K

TypeSH

Market value$10.07M

1.32%

Sole

245.30K

Shared

0.00

None

0.00

ADEIA INC

SOLE

COM

Shares405.95K

TypeSH

Market value$9.75M

1.28%

Sole

405.95K

Shared

0.00

None

0.00

SCHWAB CHARLES CORP

SOLE

COM

Shares99.65K

TypeSH

Market value$9.37M

1.23%

Sole

58.15K

Shared

0.00

None

41.50K

SS&C TECH HLDGS

SOLE

COM

Shares138.47K

TypeSH

Market value$9.36M

1.23%

Sole

119.47K

Shared

0.00

None

19K

WILLIAMS COS INC

SOLE

COM

Shares127.13K

TypeSH

Market value$9.25M

1.21%

Sole

127.13K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
UNION PAC CORPSOLE	COM	217.25K	SH	$52.71M 6.91%	215.75K	1.50K
ALPHABET INCSOLE	CAP STK CL A	146.36K	SH	$42.09M 5.52%	138.36K	8K
DIEBOLD NIXDORF INCSOLE	COM SHS	459.10K	SH	$34.63M 4.54%	429.10K	30K
GENERAL MTRS COSOLE	COM	427.13K	SH	$31.82M 4.17%	427.13K	0.00
APPLE INCSOLE	COM	96.80K	SH	$24.57M 3.22%	96.80K	0.00
CROWN CASTLE INCSOLE	COM	286.63K	SH	$23.31M 3.05%	286.63K	0.00
CORE NATURAL RESOURCES INCSOLE	COM SHS	213.58K	SH	$22.37M 2.93%	213.58K	0.00
OSHKOSH CORPSOLE	COM	134.38K	SH	$19.78M 2.59%	134.38K	0.00
SBA COMMUNICATIONS CORPSOLE	CL A	113.75K	SH	$19.58M 2.57%	88.25K	25.50K
NORFOLK SOUTHN CORPSOLE	COM	55.29K	SH	$15.87M 2.08%	55.29K	0.00
MOLSON COORS BEVERAGE COSOLE	CL B	342.80K	SH	$14.76M 1.93%	261.80K	81K
CITIGROUP INCSOLE	COM NEW	127.30K	SH	$14.44M 1.89%	127.30K	0.00
OWENS CORNING NEWSOLE	COM	130.75K	SH	$14.15M 1.85%	115.75K	15K
COHERENT CORPSOLE	COM	54.34K	SH	$12.94M 1.70%	54.34K	0.00
GE HEALTHCARE TECHNOLOGIES ISOLE	COMMON STOCK	161.09K	SH	$11.47M 1.50%	140.59K	20.50K
VISA INCSOLE	COM CL A	36.88K	SH	$11.15M 1.46%	36.88K	0.00
WABTECSOLE	COM	43.65K	SH	$10.91M 1.43%	43.65K	0.00
BARRICK MNG CORPSOLE	COM SHS	262.18K	SH	$10.69M 1.40%	262.18K	0.00
SPDR GOLD TRSOLE	GOLD SHS	24.74K	SH	$10.65M 1.40%	24.74K	0.00
AMERICAN TOWER CORPSOLE	COM	58.71K	SH	$10.13M 1.33%	55.21K	3.50K
CSX CORPSOLE	COM	245.30K	SH	$10.07M 1.32%	245.30K	0.00
ADEIA INCSOLE	COM	405.95K	SH	$9.75M 1.28%	405.95K	0.00
SCHWAB CHARLES CORPSOLE	COM	99.65K	SH	$9.37M 1.23%	58.15K	41.50K
SS&C TECH HLDGSSOLE	COM	138.47K	SH	$9.36M 1.23%	119.47K	19K
WILLIAMS COS INCSOLE	COM	127.13K	SH	$9.25M 1.21%	127.13K	0.00

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