Rhino Investment Partners, Inc

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Rhino Investment Partners, Inc reported 32 stock positions worth $330.5 million. Its top holding was Huntington Bancshares (HBAN) at 9.7% of the portfolio, followed by Arrow Financial (AROW, 7.9%) and FNB (FNB, 7.8%). Compared with Q1 2026, it opened 5 new positions, sold out of 12, added to 11 and reduced 16. The biggest buy was a new position in Arrow Financial (AROW) and the biggest sale an exit from Associated Banc-Corp. (ASB).

Most Recent 13F
Q2 2026
Location
WEST CONSHOHOCKEN, PA
CIK
0001828776
Portfolio Value
$330.5M (Q2 2026)
SEC Filing
0001828776-26-000005 ↗ filed Aug 14, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $516.1M Q1 2024 Q2 2024: $557.5M Q2 2024 Q3 2024: $433.7M Q3 2024 Q4 2024: $452.2M Q4 2024 Q1 2025: $405.2M Q1 2025 Q2 2025: $365.2M Q2 2025 Q3 2025: $317.1M Q3 2025 Q4 2025: $352.9M Q4 2025 Q1 2026: $359.4M Q1 2026 Q2 2026: $330.5M $330.5M Q2 2026

Holdings 32 stocks · $330.5M

HBAN Huntington Bancshares Inc. 9.74% 1,815,699 $32.2M Add +105.9%
AROW Arrow Financial Corp. 7.89% 847,563 $26.1M New
FNB FNB Corp. 7.77% 1,346,701 $25.7M Add +11.5%
COLB Columbia Banking System Inc. 7.26% 748,420 $24.0M Add +212.1%
WABC Westamerica Bancorporation 5.77% 324,824 $19.1M New
BUSE First Busey Corp. 5.18% 580,113 $17.1M Add +17.9%
ONB Old National Bancorp 4.90% 624,990 $16.2M Add +113.9%
HAFC Hanmi Financial Corporation 3.98% 405,727 $13.1M Reduce -54.0%
WSBC Wesbanco Inc. 3.80% 321,548 $12.6M Reduce -54.3%
HOPE Hope Bancorp Inc. 3.72% 897,937 $12.3M Reduce -65.4%
PCB PCB Bancorp 3.60% 419,878 $11.9M Reduce -1.4%
TOWN Towne Bank 3.35% 305,662 $11.1M Add +6.3%
HFWA Heritage Financial Corp. 3.35% 373,459 $11.1M Add +13.0%
ZION Zions Bancorp NA 2.83% 135,198 $9.4M Add +17.9%
SFNC Simmons First Natl Corp. Class A 2.59% 378,515 $8.6M Reduce -47.9%
PNFP Pinnacle Financial Partners 2.51% 82,389 $8.3M Add +175.1%
WEX Wex Inc. 2.46% 57,705 $8.1M Reduce -5.7%
FMBH First Mid Bancshares Inc. 2.41% 165,818 $8.0M Add +5.2%
CVBF CVB Financial Corp. 2.14% 314,278 $7.1M New
FCNCA First Citizens Bcshs Class A 1.88% 2,980 $6.2M New
TFC Truist Financial Corp. 1.70% 112,500 $5.6M Reduce -12.2%
MBWM Mercantile Bank Corp. 1.63% 93,925 $5.4M New
FULT Fulton Financial Corp. 1.48% 202,777 $4.9M Reduce -75.9%
RBB RBB Bancorp 1.48% 178,388 $4.9M Reduce -47.4%
CFBK CF Bankshares Inc. 1.34% 135,517 $4.4M Add +8.1%
NWBI Northwest Bancshares Inc. 1.25% 272,320 $4.1M Reduce -47.6%
TMP Tompkins Financial Corp. 1.03% 36,042 $3.4M Reduce -78.4%
CZWI Citizens Community Bancorp I 1.02% 144,034 $3.4M Reduce -11.3%
MSBI Midland States Bancorp Inc. 0.64% 68,063 $2.1M Reduce -78.8%
MPB Mid Penn Bancorp Inc. 0.63% 59,419 $2.1M Reduce -74.4%
FNLC First Bancorp Inc. 0.34% 32,225 $1.1M Reduce -33.7%
QCRH QCR Holdings Inc. filed as QCR HLDGS INC 0.34% 11,449 $1.1M Reduce -91.4%

Portfolio Sells Q1 2026 → Q2 2026

ASB Associated Banc-Corp. Sold out 0.00% −5.93
HOPE Hope Bancorp Inc. Reduce -65.4% 3.72% −4.35
FULT Fulton Financial Corp. Reduce -75.9% 1.48% −3.27
SFST Southern First Bancshares Sold out 0.00% −3.19
WSBC Wesbanco Inc. Reduce -54.3% 3.80% −2.96
QCRH QCR Holdings Inc. Reduce -91.4% 0.34% −2.83
TMP Tompkins Financial Corp. Reduce -78.4% 1.03% −2.63
HAFC Hanmi Financial Corporation Reduce -54.0% 3.98% −2.49
BWB Bridgewater Bancshares Inc. Sold out 0.00% −2.12
PKBK Parke Bancorp Inc. Sold out 0.00% −1.80
KRE SS SPDR S&P Regional Bank Sold out 0.00% −1.65
WTBA West Bancorporation Sold out 0.00% −1.48
MPB Mid Penn Bancorp Inc. Reduce -74.4% 0.63% −1.45
MSBI Midland States Bancorp Inc. Reduce -78.8% 0.64% −1.35
SFNC Simmons First Natl Corp. Class A Reduce -47.9% 2.59% −1.34
AMBZ American Business Bank Sold out 0.00% −0.92
FVCB Fvcbankcorp Inc. Sold out 0.00% −0.84
NKSH National Bankshares Inc. Sold out 0.00% −0.71
JMSB John Marshall Bancorp Inc. Sold out 0.00% −0.67
NWBI Northwest Bancshares Inc. Reduce -47.6% 1.25% −0.59
RBB RBB Bancorp Reduce -47.4% 1.48% −0.54
FMAO Farmers & Merchants Banco Sold out 0.00% −0.49
CHMG Chemung Financial Corp. Sold out 0.00% −0.32
WEX Wex Inc. Reduce -5.7% 2.46% −0.14
FNLC First Bancorp Inc. Reduce -33.7% 0.34% −0.04
TFC Truist Financial Corp. Reduce -12.2% 1.70% +0.06
CZWI Citizens Community Bancorp I Reduce -11.3% 1.02% +0.12
PCB PCB Bancorp Reduce -1.4% 3.60% +0.94

Portfolio Buys Q1 2026 → Q2 2026

AROW Arrow Financial Corp. New 7.89% +7.89
HBAN Huntington Bancshares Inc. Add +105.9% 9.74% +5.90
WABC Westamerica Bancorporation New 5.77% +5.77
COLB Columbia Banking System Inc. Add +212.1% 7.26% +5.43
ONB Old National Bancorp Add +113.9% 4.90% +3.10
FNB FNB Corp. Add +11.5% 7.77% +2.16
CVBF CVB Financial Corp. New 2.14% +2.14
FCNCA First Citizens Bcshs Class A New 1.88% +1.88
PNFP Pinnacle Financial Partners Add +175.1% 2.51% +1.80
BUSE First Busey Corp. Add +17.9% 5.18% +1.72
MBWM Mercantile Bank Corp. New 1.63% +1.63
ZION Zions Bancorp NA Add +17.9% 2.83% +0.99
HFWA Heritage Financial Corp. Add +13.0% 3.35% +0.96
TOWN Towne Bank Add +6.3% 3.35% +0.66
FMBH First Mid Bancshares Inc. Add +5.2% 2.41% +0.61
CFBK CF Bankshares Inc. Add +8.1% 1.34% +0.37

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 32$330.5MHBAN, AROW, FNB, COLB, WABC
Q1 2026 39$359.4MHOPE, WSBC, HAFC, ASB, FNB
Q4 2025 37$352.9MTFC, HOPE, SFNC, HAFC, KRE
Q3 2025 30$317.1MSFNC, TFC, HOPE, KEY, HAFC
Q2 2025Amended 34$365.2MCMA, TFC, KEY, ASB, SFNC
Q1 2025 45$405.2MTFC, KEY, BPOP, CMA, ASB
Q4 2024Amended 48$452.2MBPOP, TFC, CFG, ASB, HAPN
Q3 2024 34$433.7MCMA, USB, TFC, BPOP, CFG
Q2 2024 23$557.5MTFC, KEY, CMA, CFG, USB
Q1 2024 22$516.1MTFC, KEY, USB, CFG, HBAN