13F Insight
DOSSIER · 13F-HR · Q2 2026

P2 Capital Partners, LLC

$246M in tracked AUM across 12 positions as of Q2 2026.

PC
CIK 0001406313 · last filed Jun 30, 2026
Total AUM
$246M
as of Q2 2026
Holdings
12
—
positions
Whale Score
71
71
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

P2 Capital Partners, LLC has reported a substantial consolidation of its portfolio for the period ending September 30, 2025. The total assets under management (AUM) decreased by 49.9%, dropping from $522.47 million in the previous quarter to $261.55 million. This drastic reduction in portfolio value is not solely attributable to market performance but is primarily the result of a significant capital reallocation strategy. The fund aggressively streamlined its exposure, re...

Key Holdings

The portfolio is dominated by a few top-tier positions that command significant weight. The largest holding is Zeta Global Holdings Corp (ZETA), representing 25.83% of the portfolio ($67.56 million). This is followed closely by Acadia Healthcare Company (ACHC) at 22.13% ($57.87 million) and Integral Ad Science Holding Corp (IAS) at 18.78% ($49.13 million). Together, these top three positions account for approximately 66.7% of the total portfolio value.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
ACHC
ACADIA HEALTHCARE COMPANY IN
$52M1.8M21.3%02
CBZ
CBIZ INC
$36M1.1M14.9%03
JBTM
JBT MAREL CORPORATION
$33M225K13.3%04
HSIC
SCHEIN HENRY INC
$22M264K9.0%05
TNC
TENNANT CO
$20M225K8.0%06
ZETA
ZETA GLOBAL HOLDINGS CORP
$18M920K7.4%07
MSA
MSA SAFETY INC
$17M99K7.0%08
BLKB
BLACKBAUD INC
$14M483K5.8%09
CWST
CASELLA WASTE SYS INC
$14M147K5.8%10
LRN
STRIDE INC
$10M117K4.1%

Filing history

2026Q2Jun 30
$246M▲ 17.0%
12 positionsView →2026Q1Mar 31
$210M▼ 46.2%
10 positionsView →2025Q4Dec 31
$390M▲ 49.2%
10 positionsView →2025Q3Sep 30
$262M▼ 49.9%
7 positionsView →2025Q2Jun 30
$522M▲ 1.4%
13 positionsLocked2025Q1Mar 31
$515M▼ 12.5%
12 positionsLocked2024Q4Dec 31
$589M▼ 32.8%
11 positionsLocked2024Q3Sep 30
$876M▼ 4.0%
15 positionsLocked2024Q2Jun 30
$912M▲ 7.8%
18 positionsLocked2024Q1Mar 31
$846M▼ 6.9%
15 positionsLocked2023Q4Dec 31
$909M▲ 18.9%
15 positionsLocked2023Q3Sep 30
$764M▼ 11.1%
14 positionsLocked
Showing 12 of 58