P2 Capital Partners, LLC Concentrated Active

Location: New York, NY

CIK: 0001406313 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $210M (100.0% shares, 0.0% debt)

Holdings (10)

New Positions (1)

ACHC ACADIA HEALTHCARE COMPANY IN 19.8%

Value $41.51M Shares 1,774,484 Est. Cost $14.53 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ACHC	ACADIA HEALTHCARE COMPANY IN	1,774,484	$41.51M	19.8%	$14.53	0.0%	COM	00404A109

Exited Positions (1)

AVNT AVIENT CORPORATION 9.3%

Value $19.52M Shares 624,934 Est. Cost $36.93 Unrealized +2.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AVNT	AVIENT CORPORATION	624,934	$19.52M	9.3%	$36.93	+2.0%	—	05368V106

Decreased Positions (9)

CBZ CBIZ INC 14.6%

Value $30.63M (-65.8%) Shares 1,140,674 (-35.7%) Est. Cost $40.20 Unrealized +0.7%

JBTM JBT MAREL CORPORATION 13.7%

Value $28.83M (-57.5%) Shares 225,470 (-49.9%) Est. Cost $102.76 Unrealized +55.3%

BLKB BLACKBAUD INC 8.9%

Value $18.64M (-53.3%) Shares 482,874 (-23.4%) Est. Cost $58.78 Unrealized -9.3%

LIVN LIVANOVA PLC 4.4%

Value $9.263M (-69.5%) Shares 145,729 (-70.5%) Est. Cost $71.21 Unrealized -8.5%

ZETA ZETA GLOBAL HOLDINGS CORP 6.9%

Value $14.57M (-57.9%) Shares 915,000 (-46.2%) Est. Cost $15.24 Unrealized +26.1%

TNC TENNANT CO 9.6%

Value $20.2M (-43.5%) Shares 304,207 (-37.3%) Est. Cost $72.18 Unrealized +7.9%

MSA MSA SAFETY INC 8.1%

Value $16.93M (-43.1%) Shares 103,269 (-44.4%) Est. Cost $158.15 Unrealized +17.2%

ENOV ENOVIS CORPORATION 3.5%

Value $7.28M (-54.1%) Shares 320,000 (-46.2%) Est. Cost $43.14 Unrealized -45.2%

HSIC SCHEIN HENRY INC 10.5%

Value $22.07M (-19.3%) Shares 299,486 (-17.2%) Est. Cost $71.82 Unrealized +8.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CBZ	CBIZ INC	1,140,674 (-35.7%)	$30.63M (-65.8%)	14.6%	$40.20	+0.7%	COM	124805102
JBTM	JBT MAREL CORPORATION	225,470 (-49.9%)	$28.83M (-57.5%)	13.7%	$102.76	+55.3%	COM	477839104
BLKB	BLACKBAUD INC	482,874 (-23.4%)	$18.64M (-53.3%)	8.9%	$58.78	-9.3%	COM	09227Q100
LIVN	LIVANOVA PLC	145,729 (-70.5%)	$9.263M (-69.5%)	4.4%	$71.21	-8.5%	SHS	G5509L101
ZETA	ZETA GLOBAL HOLDINGS CORP	915,000 (-46.2%)	$14.57M (-57.9%)	6.9%	$15.24	+26.1%	CL A	98956A105
TNC	TENNANT CO	304,207 (-37.3%)	$20.2M (-43.5%)	9.6%	$72.18	+7.9%	COM	880345103
MSA	MSA SAFETY INC	103,269 (-44.4%)	$16.93M (-43.1%)	8.1%	$158.15	+17.2%	COM	553498106
ENOV	ENOVIS CORPORATION	320,000 (-46.2%)	$7.28M (-54.1%)	3.5%	$43.14	-45.2%	COM	194014502
HSIC	SCHEIN HENRY INC	299,486 (-17.2%)	$22.07M (-19.3%)	10.5%	$71.82	+8.7%	COM	806407102