Vault-13

P2 Capital Partners, LLC

New York, NY · CIK 1406313 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2012 · limited liability company

As an employer

$245.6m reported value +17.0% vs Q1 2026
12positions
96.7%in top 10
2 new 1 added 5 reduced 0 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 ACADIA HEALTHCARE COMPANY IN COM ACHC ACHC 1,774,484 $52.4m21.34% 21.34% UnchangedShares held: Q3 2025 2.3m, Q4 2025 0, Q1 2026 1.8m, Q2 2026 1.8m
2 CBIZ INC COM CBZ CBZ 1,136,974 $36.5m14.85% 14.85% ReducedShares held: Q3 2025 1.7m, Q4 2025 1.8m, Q1 2026 1.1m, Q2 2026 1.1m -3.7k -3,700 -0.3%
3 JOHN BEAN TECHNOLOGIES CORP COM JBTM JBTM 225,470 $32.7m13.31% 13.31% UnchangedShares held: Q3 2025 450.0k, Q4 2025 450.0k, Q1 2026 225.5k, Q2 2026 225.5k
4 HENRY SCHEIN INC COM HSIC HSIC 264,486 $22.1m9.00% 9.00% ReducedShares held: Q3 2025 361.8k, Q4 2025 361.8k, Q1 2026 299.5k, Q2 2026 264.5k -35.0k -35,000 -11.7%
5 TENNANT CO COM TNC TNC 225,255 $19.7m8.03% 8.03% ReducedShares held: Q3 2025 484.9k, Q4 2025 484.9k, Q1 2026 304.2k, Q2 2026 225.3k -79.0k -78,952 -25.9%
6 ZETA GLOBAL HOLDINGS CORP CL A ZETA ZETA 920,000 $18.1m7.37% 7.37% AddedShares held: Q3 2025 1.7m, Q4 2025 1.7m, Q1 2026 915.0k, Q2 2026 920.0k +5.0k +5,000 0.6%
7 MSA SAFETY INC COM MSA MSA 99,117 $17.3m7.05% 7.05% ReducedShares held: Q3 2025 136.3k, Q4 2025 185.7k, Q1 2026 103.3k, Q2 2026 99.1k -4.2k -4,152 -4.0%
8 BLACKBAUD INC COM BLKB BLKB 482,874 $14.3m5.82% 5.82% UnchangedShares held: Q3 2025 630.3k, Q4 2025 630.3k, Q1 2026 482.9k, Q2 2026 482.9k
9 CASELLA WASTE SYS INC CL A CWST CWST 147,236 $14.3m5.81% 5.81% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 147.2k
10 STRIDE INC COM LRN LRN 116,630 $10.1m4.10% 4.10% NewShares held: Q3 2025 0, Q4 2025 0, Q1 2026 0, Q2 2026 116.6k
11 ENOVIS CORPORATION COM ENOV ENOV 320,000 $6.6m2.70% 2.70% UnchangedShares held: Q3 2025 595.0k, Q4 2025 595.0k, Q1 2026 320.0k, Q2 2026 320.0k
12 LIVANOVA PLC SHS LIVN LIVN 18,452 $1.5m0.62% 0.62% ReducedShares held: Q3 2025 493.9k, Q4 2025 493.9k, Q1 2026 145.7k, Q2 2026 18.5k -127.3k -127,277 -87.3%