Rhino Investment Partners, Inc

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Rhino Investment Partners, Inc reported 34 stock positions worth $433.7 million. Its top holding was Comerica (CMA) at 13.2% of the portfolio, followed by US Bancorp (USB, 10.6%) and Truist Financial (TFC, 10.0%). Compared with Q2 2024, it opened 14 new positions, sold out of 3, added to 3 and reduced 16. The biggest buy was a new position in Hope Bancorp (HOPE) and the biggest sale Zions Bancorp NA (ZION, shares −80%).

Most Recent 13F
Q2 2026
Location
WEST CONSHOHOCKEN, PA
CIK
0001828776
Portfolio Value
$433.7M (Q3 2024)
SEC Filing
0001828776-24-000010 ↗ filed Nov 12, 2024

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 $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 Q2 2026

Holdings 34 stocks · $433.7M

CMA Comerica Inc. 13.21% 956,051 $57.3M Reduce -10.3%
USB US Bancorp 10.60% 1,005,189 $46.0M Reduce -21.5%
TFC Truist Financial Corp. 10.02% 1,016,421 $43.5M Reduce -30.0%
BPOP Popular Inc. 7.74% 334,880 $33.6M Reduce -13.2%
CFG Citizens Financial Group 6.19% 653,660 $26.8M Reduce -55.3%
KEY Keycorp 5.56% 1,438,318 $24.1M Reduce -63.0%
PNC PNC Financial Services Group 5.42% 127,045 $23.5M Reduce -22.0%
HBAN Huntington Bancshares Inc. 4.70% 1,387,264 $20.4M Reduce -35.1%
HAPN Happen Inc. filed as LENDINGCLUB CORP 4.59% 1,743,034 $19.9M Reduce -44.3%
WAL Western Alliance Bancorp 4.26% 213,376 $18.5M Reduce -8.2%
ASB Associated Banc-Corp. 3.89% 783,591 $16.9M Add +54.1%
HOPE Hope Bancorp Inc. 3.14% 1,083,010 $13.6M New
FHN First Horizon Corp. 2.82% 788,275 $12.2M Reduce -50.9%
WSBF Waterstone Financial Inc. 2.63% 774,550 $11.4M Add +6.2%
HBNC Horizon Bancorp Inc. 1.89% 528,259 $8.2M New
ZION Zions Bancorp NA 1.79% 164,473 $7.8M Reduce -79.7%
PCB PCB Bancorp 1.75% 404,263 $7.6M New
FITB Fifth Third Bancorp 1.56% 157,539 $6.7M Reduce -68.9%
AMBZ American Business Bank 1.41% 161,069 $6.1M No change
OPBK Op Bancorp 1.37% 476,625 $5.9M New
NKSH National Bankshares Inc. 0.86% 125,447 $3.8M Add +0.6%
WAFD Wafd Inc. 0.82% 102,267 $3.6M New
RBB RBB Bancorp 0.82% 154,767 $3.6M New
EBMT Eagle Bancorp Montana Inc. 0.63% 171,752 $2.7M New
SNV Synovus Financial Corp. 0.51% 49,339 $2.2M Reduce -86.0%
TCBX Third Coast Bancshares Inc. 0.48% 78,178 $2.1M New
NFBK Northfield Bancorp Inc. 0.45% 166,636 $1.9M Reduce -71.8%
MYFW First Western Financial Inc. 0.25% 54,941 $1.1M New
KRNY Kearny Financial Corp. 0.24% 151,836 $1.0M Reduce -79.0%
MOFG Midwestone Financial Group I 0.16% 25,000 $713K New
ISTR Investar Holding Corp. 0.13% 30,061 $583K New
SFST Southern First Bancshares 0.06% 7,581 $258K New
FVCB Fvcbankcorp Inc. 0.03% 9,093 $119K New
TBNK Territorial Bancorp Inc. 0.01% 5,041 $53K New

Portfolio Sells Q2 2024 → Q3 2024

ZION Zions Bancorp NA Reduce -79.7% 1.79% −4.51
KEY Keycorp Reduce -63.0% 5.56% −4.34
CFG Citizens Financial Group Reduce -55.3% 6.19% −3.26
KRE SS SPDR S&P Regional Bank Sold out 0.00% −2.64
FFWM First Foundation Inc. Sold out 0.00% −2.29
SNV Synovus Financial Corp. Reduce -86.0% 0.51% −2.04
FITB Fifth Third Bancorp Reduce -68.9% 1.56% −1.76
FHN First Horizon Corp. Reduce -50.9% 2.82% −1.72
NFBK Northfield Bancorp Inc. Reduce -71.8% 0.45% −0.56
KRNY Kearny Financial Corp. Reduce -79.0% 0.24% −0.56
HBAN Huntington Bancshares Inc. Reduce -35.1% 4.70% −0.35
HAPN Happen Inc. Reduce -44.3% 4.59% −0.15
TFC Truist Financial Corp. Reduce -30.0% 10.02% −0.10
MCBC Macatawa Bank Corp. Sold out 0.00% −0.02
PNC PNC Financial Services Group Reduce -22.0% 5.42% +0.87
USB US Bancorp Reduce -21.5% 10.60% +1.48
BPOP Popular Inc. Reduce -13.2% 7.74% +1.62
WAL Western Alliance Bancorp Reduce -8.2% 4.26% +1.64
CMA Comerica Inc. Reduce -10.3% 13.21% +3.45

Portfolio Buys Q2 2024 → Q3 2024

HOPE Hope Bancorp Inc. New 3.14% +3.14
ASB Associated Banc-Corp. Add +54.1% 3.89% +1.96
HBNC Horizon Bancorp Inc. New 1.89% +1.89
PCB PCB Bancorp New 1.75% +1.75
OPBK Op Bancorp New 1.37% +1.37
WSBF Waterstone Financial Inc. Add +6.2% 2.63% +0.95
WAFD Wafd Inc. New 0.82% +0.82
RBB RBB Bancorp New 0.82% +0.82
EBMT Eagle Bancorp Montana Inc. New 0.63% +0.63
TCBX Third Coast Bancshares Inc. New 0.48% +0.48
MYFW First Western Financial Inc. New 0.25% +0.25
NKSH National Bankshares Inc. Add +0.6% 0.86% +0.23
MOFG Midwestone Financial Group I New 0.16% +0.16
ISTR Investar Holding Corp. New 0.13% +0.13
SFST Southern First Bancshares New 0.06% +0.06
FVCB Fvcbankcorp Inc. New 0.03% +0.03
TBNK Territorial Bancorp Inc. New 0.01% +0.01

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