SEC 13F Intelligence

Managers / Q4 2018 · view latest →

P2 Capital Partners, LLC

CIK 0001406313 · 590 MADISON AVENUE, 25TH FLOOR, NEW YORK, NY, 10022 · (212) 508-5500

Reported Value
$991M
Q4 2018
Positions
17
Filings on Record
30
2019–present window
Filed
Feb 14, 2019
original filing

Summary

P2 Capital Partners, LLC reported $991M in U.S.-listed holdings across 17 positions for Q4 2018.

Its largest position, BCO, represents 13.0% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+74.6%
share of reported value
Largest Position
+13.0%
Brinks

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $991MQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.3BQ3 ’19: $1.5BQ4 ’19: $1.4BQ4 ’19Q1 ’20: $836MQ2 ’20: $1.2BQ3 ’20: $1.3BQ4 ’20: $1.5BQ4 ’20Q1 ’21: $1.5BQ2 ’21: $1.3BQ3 ’21: $1.2BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.1BQ2 ’22: $883MQ3 ’22: $810MQ4 ’22: $756MQ4 ’22Q1 ’23: $780MQ2 ’23: $859MQ3 ’23: $764MQ4 ’23: $909MQ4 ’23Q1 ’24: $846MQ2 ’24: $912MQ3 ’24: $876MQ4 ’24: $589MQ4 ’24Q1 ’25: $515MQ2 ’25: $522MQ3 ’25: $520MQ4 ’25: $390MQ4 ’25Q1 ’26: $210Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 97.8%Other: 2.2%
  • Common Stock · 97.8% · $969M
  • Other · 2.2% · $22M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
BCOBRINKS CONEW+1.99M1.99M+$129M$129M
NXSTNEXSTAR MEDIA GROUP INCNEW+1.63M1.63M+$128M$128M
HGVHILTON GRAND VACATIONS INCNEW+3.11M3.11M+$82M$82M
ACHCACADIA HEALTHCARE COMPANY INNEW+3.16M3.16M+$81M$81M
MMSMAXIMUS INCNEW+946.7K946.7K+$62M$62M
GRPNCHFGROUPON INCNEW+18.57M18.57M+$59M$59M
CBZCBIZ INCNEW+2.69M2.69M+$53M$53M
TSAACI WORLDWIDE INCNEW+1.80M1.80M+$50M$50M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BCOBRINKS COhistory →COM13.00%$129M1.99M
2NXSTNEXSTAR MEDIA GROUP INChistory →CL A12.92%$128M1.63M
3HGVHILTON GRAND VACATIONS INChistory →COM8.28%$82M3.11M
4ACHCACADIA HEALTHCARE COMPANY INhistory →COM8.21%$81M3.16M
5MMSMAXIMUS INChistory →COM6.22%$62M946.7K
6GRPNCHFGROUPON INChistory →COM6.00%$59M18.57M
7CBZCBIZ INChistory →COM5.36%$53M2.69M
8TSAACI WORLDWIDE INChistory →COM5.02%$50M1.80M
9EBIXEUREBIX INChistory →COM NEW4.92%$49M1.15M
10BCBCADCOTT CORP QUEhistory →COM4.73%$47M3.37M
11AQUAUSDEVOQUA WATER TECHNOLOGIES COhistory →COM4.40%$44M4.55M
12FULFULLER H B COhistory →COM4.04%$40M938.3K
13MDMEDNAX INChistory →COM3.85%$38M1.16M
14STMPSTAMPS COM INChistory →COM NEW3.85%$38M245.0K
15QUOTUSDQUOTIENT TECHNOLOGY INChistory →COM3.60%$36M3.34M
16SP PLUS CORPCOM3.37%$33M1.13M
17HEALTH INS INNOVATIONS INCCOM CL A2.24%$22M830.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$210M10May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$390M10Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$520M13Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$522M13Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$515M12May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$589M11Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$876M15Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$912M18Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$846M15May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$909M15Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$764M14Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$859M15Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$780M15May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$756M15Feb 23, 202313F-HRchanges · EDGAR ↗
Q3 2022$810M19Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$883M21Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B22May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B21Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B20Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B19Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.5B20May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.5B18Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B18Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.2B17Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$836M14May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.4B16Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.5B16Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.3B16Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B17May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$991M17Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.