P2 Capital Partners, LLC — 13F Holdings & Portfolio

CIK 1406313 · latest 13F-HR filed 2026-08-14

P2 Capital Partners, LLC manages $245.6M in 13F-reported U.S. long-equity assets across 12 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are ACHC (21.34%), CBZ (14.85%), JBTM (13.31%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 0, added to 4, and trimmed 3.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
590 MADISON AVENUE
25TH FLOOR
NEW YORK, NY 10022
Phone
(212) 508-5500
Filing Manager
P2 Capital Partners, LLC
New York, NY
Signatory
Jason Carri
Chief Financial Officer
Loading holdings…
AUM

$245.6M

Long-equity book

Holdings

12

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+2 / −0 / ↑4 / ↓3

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ACADIA HEALTHCARE COMPANY IN$10.9M +26.3%
  • CBIZ INC$5.8M +19.1%
  • JBT MAREL CORPORATION$3.9M +13.4%
  • ZETA GLOBAL HOLDINGS CORP$3.5M +24.3%
Show all 4

Top Trims

  • LIVANOVA PLC-$7.7M -83.6%
  • BLACKBAUD INC-$4.3M -23.3%
  • ENOVIS CORPORATION-$656.0K -9.0%
Show all 3

New Positions

  • CASELLA WASTE SYS INC$14.3M
  • STRIDE INC$10.1M
Show all 2

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ACADIA HEALTHCARE COMPANY IN ACHC 00404A109 $52.4M 21.34% 1,774,484 SH
2 CBIZ INC CBZ 124805102 $36.5M 14.85% 1,136,974 SH
3 JBT MAREL CORPORATION JBTM 477839104 $32.7M 13.31% 225,470 SH
4 SCHEIN HENRY INC HSIC 806407102 $22.1M 9.00% 264,486 SH
5 TENNANT CO TNC 880345103 $19.7M 8.03% 225,255 SH
6 ZETA GLOBAL HOLDINGS CORP ZETA 98956A105 $18.1M 7.37% 920,000 SH
7 MSA SAFETY INC MSA 553498106 $17.3M 7.05% 99,117 SH
8 BLACKBAUD INC BLKB 09227Q100 $14.3M 5.82% 482,874 SH
9 CASELLA WASTE SYS INC CWST 147448104 $14.3M 5.81% 147,236 SH
10 STRIDE INC LRN 86333M108 $10.1M 4.10% 116,630 SH
11 ENOVIS CORPORATION ENOV 194014502 $6.6M 2.70% 320,000 SH
12 LIVANOVA PLC LIVN G5509L101 $1.5M 0.62% 18,452 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $245.6M 12 0001172661-26-003641
2026-03-31 2026-05-15 $209.9M 10 0001172661-26-002116
2025-12-31 2026-02-17 $390.3M 10 0001172661-26-000829
2025-09-30 2025-11-14 $520.5M 13 0001172661-25-004819