P2 Capital Partners, LLC

CIK

1406313

Location

New York, NY

Portfolio Value

Small $209,918,638

Diversification

Diversified

Filing Date

Global Rank

#3,757 / 8,232 ▼ 917

Top Industry

Specialty Industrial Machinery 23.4%

3Y Alpha vs SPY

-27.8%

Period ended 2 months ago

Filed May 15, 2026 · 30d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-19.7%

SPY

+76.3%

Annualised alpha

-27.8%

Max drawdown

−39.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

10 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

19.8%

−3.1 pts

Top 5

68.2%

−0.3 pts

Top 10

100.0%

0.0 pts

HHI

1,219

Diversified−84

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	46.0%	$96,588,240	4
Healthcare	38.2%	$80,119,833	4
Technology	15.8%	$33,210,565	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
ZETA	Zeta Global Holdings Corp.	−785,000	915,000	$14,566,800
CBZ	CBIZ, Inc.	−632,717	1,140,674	$30,627,096
LIVN	LivaNova PLC	−348,173	145,729	$9,262,535
ENOV	Enovis CORP	−275,000	320,000	$7,280,000
JBTM	JBT MAREL Corp	−224,482	225,470	$28,830,848
TNC	Tennant Co	−180,743	304,207	$20,199,344
BLKB	Blackbaud Inc	−147,429	482,874	$18,643,765
MSA	MSA Safety Inc	−82,406	103,269	$16,930,952
HSIC	Henry Schein Inc	−62,300	299,486	$22,072,118
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
ACHC	Acadia Healthcare Company, Inc.	1,774,484	$41,505,180
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
AVNT	Avient Corp	624,934	$19,522,938
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 positions · $209,918,638 total · as of Mar 31, 2026

All sectors Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ENOV	Enovis CORP Healthcare	Reduced	320,000	-275,000	$7,280,000	−54.1%	3.47%
LIVN	LivaNova PLC Healthcare	Reduced	145,729	-348,173	$9,262,535	−69.5%	4.41%
ZETA	Zeta Global Holdings Corp. Technology	Reduced	915,000	-785,000	$14,566,800	−57.9%	6.94%
MSA	MSA Safety Inc Industrials	Reduced	103,269	-82,406	$16,930,952	−43.1%	8.07%
BLKB	Blackbaud Inc Technology	Reduced	482,874	-147,429	$18,643,765	−53.3%	8.88%
TNC	Tennant Co Industrials	Reduced	304,207	-180,743	$20,199,344	−43.5%	9.62%
HSIC	Henry Schein Inc Healthcare	Reduced	299,486	-62,300	$22,072,118	−19.3%	10.51%
JBTM	JBT MAREL Corp Industrials	Reduced	225,470	-224,482	$28,830,848	−57.5%	13.73%
CBZ	CBIZ, Inc. Industrials	Reduced	1,140,674	-632,717	$30,627,096	−65.8%	14.59%
ACHC	Acadia Healthcare Company, Inc. Healthcare	NEW	1,774,484	NEW	$41,505,180	NEW	19.77%