P2 Capital Partners, LLC
Portfolio value QoQ: +17.0% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 9.28% Est. buys $24,434,046 · sells $21,144,198
Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 75.0% still held
Performance vs S&P 500
Annualized: -12.1% · S&P 500: +28.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Sector breakdown
Full portfolio 12 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| ACHC | $52,400,513 | 21.34% | 1,774,484 | $10,895,332 | |||
| CBZ | $36,474,126 | 14.85% | 1,136,974 | $5,847,029 | Down ×2 | ||
| JBTM | $32,693,150 | 13.31% | 225,470 | $3,862,301 | |||
| HSIC | $22,089,871 | 9.00% | 264,486 | $17,753 | Down ×2 | ||
| TNC | $19,718,823 | 8.03% | 225,255 | $-480,522 | Down ×2 | ||
| ZETA | $18,105,600 | 7.37% | 920,000 | $3,538,800 | Up ×1 | ||
| MSA | $17,303,846 | 7.05% | 99,117 | $372,893 | Down ×2 | ||
| BLKB | $14,302,728 | 5.82% | 482,874 | $-4,341,037 | |||
| CWST | $14,277,475 | 5.81% | 147,236 | Up ×1 | |||
| LRN | $10,058,171 | 4.10% | 116,630 | Up ×1 | |||
| ENOV | $6,624,000 | 2.70% | 320,000 | $-656,000 | |||
| LIVN | $1,517,308 | 0.62% | 18,452 | $-7,745,227 | Down ×2 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| ACHC | Price move only | +0 | +$10.9M |
| CBZ | Trimmed | -4K | +$5.8M |
| BLKB | Price move only | +0 | -$4.3M |
| JBTM | Price move only | +0 | +$3.9M |
| ZETA | Bought more | +5K | +$3.5M |
| ENOV | Price move only | +0 | -$656K |
| TNC | Trimmed | -79K | -$481K |
| MSA | Trimmed | -4K | +$373K |
| HSIC | Trimmed | -35K | +$18K |
1 position hidden — reported move looks larger than the position itself (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.