P2 Capital Partners, LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, P2 Capital Partners, LLC maintained a portfolio of 13 distinct positions. They heavily accumulated shares in CBIZ INC, increasing their position by 3.3%. Conversely, P2 Capital Partners, LLC completely exited their position in ACADIA HEALTHCARE CO.
PCA Score Concentration Risk
Risk ENB
Total Positions
13
Quarter
2025 Q4
Top Holding
CBZ (22.9%)
Top 10 Concentration
100.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-13 of 13
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CBZ
CBIZ INC
Industrials 22.92% 17.46% #1
Prev: #1
10.0 57,066 3.3%
P
S
1,773,391 $89,467,576 2008 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
JBTM
JBT MAREL CORPO...
Industrials 17.37% 12.14% #2
Prev: #2
6.9 no change no change
P
S
449,952 $67,794,268 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BLKB
BLACKBAUD INC
Technology 10.22% 7.79% #3 2
Prev: #5
4.1 no change no change
P
S
630,303 $39,910,786 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TNC
TENNANT CO
Industrials 9.16% 7.55% #4 2
Prev: #6
3.7 no change no change
P
S
484,950 $35,740,815 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ZETA
ZETA GLOBAL HOL...
Technology 8.86% 6.49% #5 2
Prev: #7
3.5 no change no change
P
S
1,700,000 $34,595,000 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LIVN
LIVANOVA PLC
Healthcare 7.79% 4.97% #6 3
Prev: #9
3.1 no change no change
P
S
493,902 $30,389,790 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSA
MSA SAFETY INC
Industrials 7.62% 4.51% #7 4
Prev: #11
5.2 49,332 36.2%
P
S
185,675 $29,733,995 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HSIC
HENRY SCHEIN IN...
Healthcare 7.00% 4.61% #8 2
Prev: #10
2.8 no change no change
P
S
361,786 $27,343,786 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVNT
AVIENT CORPORAT...
Basic Materials 5.00% 3.96% #9 3
Prev: #12
2.0 no change no change
P
S
624,934 $19,522,938 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ENOV
ENOVIS CORPORAT...
Healthcare 4.06% 3.47% #10 3
Prev: #13
1.6 no change no change
P
S
595,000 $15,850,800 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ACHC
ACADIA HEALTHCA...
Healthcare 0.00% 11.12%
Sold All 😨
(Was: #3)
0.3 -2,337,188 -100.0%
CLOSED
$— 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IAS
INTEGRAL AD SCI...
Communication Services 0.00% 9.44%
Sold All 😨
(Was: #4)
0.3 -4,830,805 -100.0%
CLOSED
$— 2023 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZETA
ZETA GLOBAL HOL...
PUT
PUT Option 0.00% 6.49%
Sold All 😨
(Was: #8)
0.3 -1,700,000 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-13 of 13 holdings

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