P2 Capital Partners, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
P2 Capital Partners, LLC disclosed 10 US equity positions worth $390.3m in its Q4 2025 13F filing. The largest position was CBZ at 22.9% of the reported book, followed by JBTM and BLKB. Against the Q3 2025 filing, it opened 0 new positions, added to 2 and reduced 0 among the top 10 holdings.
What did P2 Capital Partners, LLC own in Q4 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CBZ CBIZ INC | Industrials | 22.9% | $89.5m | 1,773,391 | 3% | added |
| 2 | JBTM JBT MAREL CORPORATION | Industrials | 17.4% | $67.8m | 449,952 | 0% | held |
| 3 | BLKB BLACKBAUD INC | Technology | 10.2% | $39.9m | 630,303 | 0% | held |
| 4 | TNC TENNANT CO | Industrials | 9.2% | $35.7m | 484,950 | 0% | held |
| 5 | ZETA ZETA GLOBAL HOLDINGS CORP | Technology | 8.9% | $34.6m | 1,700,000 | 0% | held |
| 6 | LIVN LIVANOVA PLC | Healthcare | 7.8% | $30.4m | 493,902 | 0% | held |
| 7 | MSA MSA SAFETY INC | Industrials | 7.6% | $29.7m | 185,675 | 36% | added |
| 8 | HSIC HENRY SCHEIN INC | Healthcare | 7.0% | $27.3m | 361,786 | 0% | held |
| 9 | AVNT AVIENT CORPORATION | Basic Materials | 5.0% | $19.5m | 624,934 | 0% | held |
| 10 | ENOV ENOVIS CORPORATION | Healthcare | 4.1% | $15.9m | 595,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.