P2 Capital Partners, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1406313) · Explore on the interactive board
P2 Capital Partners, LLC disclosed 12 US equity positions worth $245.6m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is ACHC at 21.3% of the reported book, followed by CBZ, JBTM. The top ten holdings are 96.7% of the book, and the portfolio behaves like about 8 equal-weight positions. Versus the prior filing it opened 2 new positions, added to 1, reduced 4 and exited 0. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does P2 Capital Partners, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 2 new, 1 added, 4 reduced, 0 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | ACHC ACADIA HEALTHCARE COMPANY IN | Healthcare | 21.3% | $52.4m | 1,774,484 | 0% | held |
| 2 | CBZ CBIZ INC | Industrials | 14.9% | $36.5m | 1,136,974 | -0% | held |
| 3 | JBTM JBT MAREL CORPORATION | Industrials | 13.3% | $32.7m | 225,470 | 0% | held |
| 4 | HSIC SCHEIN HENRY INC | Healthcare | 9.0% | $22.1m | 264,486 | -12% | reduced |
| 5 | TNC TENNANT CO | Industrials | 8.0% | $19.7m | 225,255 | -26% | reduced |
| 6 | ZETA ZETA GLOBAL HOLDINGS CORP | Technology | 7.4% | $18.1m | 920,000 | 1% | added |
| 7 | MSA MSA SAFETY INC | Industrials | 7.0% | $17.3m | 99,117 | -4% | reduced |
| 8 | BLKB BLACKBAUD INC | Technology | 5.8% | $14.3m | 482,874 | 0% | held |
| 9 | CWST CASELLA WASTE SYS INC | Industrials | 5.8% | $14.3m | 147,236 | – | new |
| 10 | LRN STRIDE INC | Consumer Defensive | 4.1% | $10.1m | 116,630 | – | new |
| 11 | ENOV ENOVIS CORPORATION | Healthcare | 2.7% | $6.6m | 320,000 | 0% | held |
| 12 | LIVN LIVANOVA PLC | Healthcare | 0.6% | $1.5m | 18,452 | -87% | reduced |
Sector mix
| Sector | Weight |
|---|---|
| Industrials | 49.1% |
| Healthcare | 33.6% |
| Technology | 13.2% |
| Consumer Defensive | 4.1% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is P2 Capital Partners, LLC's portfolio?
Across every quarter P2 Capital Partners, LLC has filed, its median largest position is 20.6% of the book and its median top-ten weight is 98.3%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%).