P2 Capital Partners Q3 Portfolio Changes: New Positions in CWST, LRN
This analysis details significant stock purchases and sales by P2 Capital Partners during the third quarter of 2026 based on their latest filing.
According to insider data filed with the SEC for P2 Capital Partners, Llc, during Q3 2026 (ending June 30), their portfolio experienced notable adjustments in specific holdings.
Among the most significant changes were new positions initiated. The investor acquired a substantial amount of CASELLA WASTE SYS INC (CWST), increasing its position by 100% compared to the previous quarter, boosting its portfolio allocation from an unknown percentage to 5.81%. Similarly, a new stake was established in STRIDE INC (LRN), which entered the portfolio with shares purchased during Q3, adding it as a holding at an allocation of 4.1%.
Conversely, there was one complete exit reported for LIVANOVA PLC (LIVN). The position in LIVN decreased by an astonishing 87.34%, representing a reduction of over 127,000 shares and resulting in its removal from the portfolio entirely.
Other notable changes included significant reductions in existing holdings like TENNANT CO (TNC), which saw a 25.95% decrease, and SCHEIN HENRY INC (HSIC) with an 11.69% reduction in its stake during the quarter.
In summary, P2 Capital Partners' Q3 filing shows a dynamic portfolio strategy involving both new investments and divestments. Key actions included adding CASELLA WASTE SYS INC and STRIDE INC, while completely exiting the position in LIVANOVA PLC.