P2 Capital Partners, LLC reported 12 positions worth $245.57M for the quarter ended Jun 30, 2026, up 17.0% on the prior quarter. It opened 2 new positions, added to 1, trimmed 5 and exited 0. Its largest holding is Acadia Healthcare Company, Inc. at 21.3% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | ACHC Acadia Healthcare Company, Inc. | Healthcare | 1.77M | $52.40M | 21.34% | 0 | 0.0% | Unchanged | 1.95% |
| 2 | CBZ CBIZ, Inc. | Industrials | 1.14M | $36.47M | 14.85% | -3,700 | -0.3% | Reduced | 1.91% |
| 3 | JBTM JBT MAREL Corp | Industrials | 225.5K | $32.69M | 13.31% | 0 | 0.0% | Unchanged | 0.43% |
| 4 | HSIC Henry Schein Inc | Healthcare | 264.5K | $22.09M | 9% | -35.0K | -11.7% | Reduced | 0.23% |
| 5 | TNC Tennant Co | Industrials | 225.3K | $19.72M | 8.03% | -79.0K | -26.0% | Reduced | 1.32% |
| 6 | ZETA Zeta Global Holdings Corp. | Technology | 920.0K | $18.11M | 7.37% | +5,000 | +0.5% | Added | 0.41% |
| 7 | MSA MSA Safety Inc | Industrials | 99.1K | $17.30M | 7.05% | -4,152 | -4.0% | Reduced | 0.26% |
| 8 | BLKB Blackbaud Inc | Technology | 482.9K | $14.30M | 5.82% | 0 | 0.0% | Unchanged | 1.06% |
| 9 | CWST Casella Waste Systems Inc | Industrials | 147.2K | $14.28M | 5.81% | +147.2K | – | New | 0.23% |
| 10 | LRN Stride, Inc. | Consumer Discretionary | 116.6K | $10.06M | 4.1% | +116.6K | – | New | 0.27% |
| 11 | ENOV Enovis CORP | Healthcare | 320.0K | $6.62M | 2.7% | 0 | 0.0% | Unchanged | 0.56% |
| 12 | LIVN LivaNova PLC | Healthcare | 18.5K | $1.52M | 0.618% | -127.3K | -87.3% | Reduced | 0.03% |
Tip. Select a row to see that position’s full history at P2 Capital Partners.
As of its Q2 2026 13F filing, P2 Capital Partners, LLC’s five largest positions were Acadia Healthcare Company, Inc. (ACHC) at 21.3%, CBIZ, Inc. (CBZ) at 14.9%, JBT MAREL Corp (JBTM) at 13.3%, Henry Schein Inc (HSIC) at 9.0%, Tennant Co (TNC) at 8.0% of the reported portfolio.
P2 Capital Partners, LLC reported a 13F portfolio worth $245.57M across 12 positions for Q2 2026. That is up 17.0% from the previous quarter.
Its largest purchases by value were Casella Waste Systems Inc ($14.28M), Stride, Inc. ($10.06M), Zeta Global Holdings Corp. ($98.40K). It opened 2 new positions.
Its largest sales by value were LivaNova PLC ($10.47M), Tennant Co ($6.91M), Henry Schein Inc ($2.92M). It exited 0 positions entirely.
From the Form 13F-HR reports P2 Capital Partners, LLC files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.