Rhino Investment Partners, Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Rhino Investment Partners, Inc reported 48 stock positions worth $452.2 million. Its top holding was Popular (BPOP) at 5.8% of the portfolio, followed by Truist Financial (TFC, 5.7%) and Citizens Financial (CFG, 5.3%). Compared with Q3 2024, it opened 21 new positions, sold out of 7, added to 16 and reduced 10. The biggest buy was a new position in Simmons First Natl Class A (SFNC) and the biggest sale an exit from US Bancorp (USB).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001828776
- Portfolio Value
- $452.2M (Q4 2024)
- SEC Filing
- 0001828776-25-000004 ↗ filed Feb 14, 2025
Holdings Value
Holdings 48 stocks · $452.2M
| BPOP Popular Inc. | 5.79% | 278,431 | $26.2M | Reduce -16.9% |
| TFC Truist Financial Corp. | 5.75% | 599,079 | $26.0M | Reduce -41.1% |
| CFG Citizens Financial Group | 5.32% | 550,060 | $24.1M | Reduce -15.8% |
| ASB Associated Banc-Corp. | 4.60% | 869,591 | $20.8M | Add +11.0% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 4.58% | 1,280,172 | $20.7M | Reduce -26.6% |
| HOPE Hope Bancorp Inc. | 4.58% | 1,684,886 | $20.7M | Add +55.6% |
| WAL Western Alliance Bancorp | 4.47% | 241,676 | $20.2M | Add +13.3% |
| SFNC Simmons First Natl Corp. Class A | 4.32% | 880,582 | $19.5M | New |
| CMA Comerica Inc. | 3.97% | 290,015 | $17.9M | Reduce -69.7% |
| KRE SS SPDR S&P Regional Bank | 3.88% | 290,356 | $17.5M | New |
| HAFC Hanmi Financial Corporation | 3.41% | 651,994 | $15.4M | New |
| OBK Origin Bancorp Inc. | 3.33% | 452,897 | $15.1M | New |
| FHN First Horizon Corp. | 3.32% | 746,275 | $15.0M | Reduce -5.3% |
| WAFD Wafd Inc. | 3.24% | 454,343 | $14.6M | Add +344.3% |
| KEY Keycorp | 2.83% | 745,936 | $12.8M | Reduce -48.1% |
| VBNK Versabank | 2.74% | 894,517 | $12.4M | New |
| PCB PCB Bancorp | 2.73% | 609,931 | $12.3M | Add +50.9% |
| RBB RBB Bancorp | 2.33% | 513,546 | $10.5M | Add +231.8% |
| WSBF Waterstone Financial Inc. | 2.21% | 743,233 | $10.0M | Reduce -4.0% |
| SFST Southern First Bancshares | 2.02% | 230,221 | $9.2M | Add +2936.8% |
| OPBK Op Bancorp | 1.98% | 565,494 | $8.9M | Add +18.6% |
| HBNC Horizon Bancorp Inc. | 1.89% | 530,363 | $8.5M | Add +0.4% |
| AMBZ American Business Bank | 1.61% | 165,951 | $7.3M | Add +3.0% |
| FISI Financial Institutions Inc. | 1.58% | 261,051 | $7.1M | New |
| FCCO First Community Corp. | 1.33% | 250,496 | $6.0M | New |
| ALRS Alerus Financial Corp. | 1.29% | 303,996 | $5.8M | New |
| PNC PNC Financial Services Group | 1.28% | 30,045 | $5.8M | Reduce -76.3% |
| CFBK CF Bankshares Inc. | 1.23% | 217,580 | $5.6M | New |
| AROW Arrow Financial Corp. | 1.21% | 190,092 | $5.5M | New |
| HBAN Huntington Bancshares Inc. | 1.16% | 323,316 | $5.3M | Reduce -76.7% |
| HANOVER BANCORP INC/NY | 1.02% | 200,721 | $4.6M | New |
| MYFW First Western Financial Inc. | 1.00% | 232,189 | $4.5M | Add +322.6% |
| KRNY Kearny Financial Corp. | 0.94% | 599,283 | $4.2M | Add +294.7% |
| NKSH National Bankshares Inc. | 0.84% | 132,035 | $3.8M | Add +5.3% |
| ISTR Investar Holding Corp. | 0.71% | 145,448 | $3.2M | Add +383.8% |
| HONE Harborone Bancorp Inc. | 0.70% | 269,272 | $3.2M | New |
| FSUN Firstsun Capital Bancorp | 0.70% | 79,333 | $3.2M | New |
| EBMT Eagle Bancorp Montana Inc. | 0.69% | 203,826 | $3.1M | Add +18.7% |
| FXNC First National Corp. | 0.64% | 125,221 | $2.9M | New |
| FVCB Fvcbankcorp Inc. | 0.61% | 219,205 | $2.8M | Add +2310.7% |
| HWBK Hawthorn Bancshares Inc. | 0.45% | 72,181 | $2.0M | New |
| CFFI C & F Financial Corp. filed as C & F FINL CORP | 0.45% | 28,344 | $2.0M | New |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.41% | 59,935 | $1.8M | New |
| PWOD Penns Woods Bancorp Inc. | 0.24% | 35,464 | $1.1M | New |
| KREF KKR Real Estate Finance Trus | 0.22% | 96,424 | $974K | New |
| INBK First Internet Bancorp | 0.21% | 26,813 | $965K | New |
| UBFO United Security Bancshare | 0.19% | 83,621 | $845K | New |
| TBNK Territorial Bancorp Inc. | 0.01% | 5,041 | $49K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| USB US Bancorp | Sold out | 0.00% | −10.60 |
| CMA Comerica Inc. | Reduce -69.7% | 3.97% | −9.24 |
| TFC Truist Financial Corp. | Reduce -41.1% | 5.75% | −4.28 |
| PNC PNC Financial Services Group | Reduce -76.3% | 1.28% | −4.13 |
| HBAN Huntington Bancshares Inc. | Reduce -76.7% | 1.16% | −3.54 |
| KEY Keycorp | Reduce -48.1% | 2.83% | −2.73 |
| BPOP Popular Inc. | Reduce -16.9% | 5.79% | −1.95 |
| ZION Zions Bancorp NA | Sold out | 0.00% | −1.79 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −1.56 |
| CFG Citizens Financial Group | Reduce -15.8% | 5.32% | −0.87 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.51 |
| TCBX Third Coast Bancshares Inc. | Sold out | 0.00% | −0.48 |
| NFBK Northfield Bancorp Inc. | Sold out | 0.00% | −0.45 |
| WSBF Waterstone Financial Inc. | Reduce -4.0% | 2.21% | −0.42 |
| MOFG Midwestone Financial Group I | Sold out | 0.00% | −0.16 |
| HAPN Happen Inc. | Reduce -26.6% | 4.58% | −0.01 |
| FHN First Horizon Corp. | Reduce -5.3% | 3.32% | +0.50 |
Portfolio Buys Q3 2024 → Q4 2024
| SFNC Simmons First Natl Corp. Class A | New | 4.32% | +4.32 |
| KRE SS SPDR S&P Regional Bank | New | 3.88% | +3.88 |
| HAFC Hanmi Financial Corporation | New | 3.41% | +3.41 |
| OBK Origin Bancorp Inc. | New | 3.33% | +3.33 |
| VBNK Versabank | New | 2.74% | +2.74 |
| WAFD Wafd Inc. | Add +344.3% | 3.24% | +2.42 |
| SFST Southern First Bancshares | Add +2936.8% | 2.02% | +1.96 |
| FISI Financial Institutions Inc. | New | 1.58% | +1.58 |
| RBB RBB Bancorp | Add +231.8% | 2.33% | +1.51 |
| HOPE Hope Bancorp Inc. | Add +55.6% | 4.58% | +1.44 |
| FCCO First Community Corp. | New | 1.33% | +1.33 |
| ALRS Alerus Financial Corp. | New | 1.29% | +1.29 |
| CFBK CF Bankshares Inc. | New | 1.23% | +1.23 |
| AROW Arrow Financial Corp. | New | 1.21% | +1.21 |
| HANOVER BANCORP INC/NY | New | 1.02% | +1.02 |
| PCB PCB Bancorp | Add +50.9% | 2.73% | +0.98 |
| MYFW First Western Financial Inc. | Add +322.6% | 1.00% | +0.75 |
| HONE Harborone Bancorp Inc. | New | 0.70% | +0.70 |
| ASB Associated Banc-Corp. | Add +11.0% | 4.60% | +0.70 |
| FSUN Firstsun Capital Bancorp | New | 0.70% | +0.70 |
| KRNY Kearny Financial Corp. | Add +294.7% | 0.94% | +0.70 |
| FXNC First National Corp. | New | 0.64% | +0.64 |
| OPBK Op Bancorp | Add +18.6% | 1.98% | +0.61 |
| FVCB Fvcbankcorp Inc. | Add +2310.7% | 0.61% | +0.58 |
| ISTR Investar Holding Corp. | Add +383.8% | 0.71% | +0.57 |
| HWBK Hawthorn Bancshares Inc. | New | 0.45% | +0.45 |
| CFFI C & F Financial Corp. | New | 0.45% | +0.45 |
| DCOM Dime Commercial Bancshares I | New | 0.41% | +0.41 |
| PWOD Penns Woods Bancorp Inc. | New | 0.24% | +0.24 |
| KREF KKR Real Estate Finance Trus | New | 0.22% | +0.22 |
| INBK First Internet Bancorp | New | 0.21% | +0.21 |
| WAL Western Alliance Bancorp | Add +13.3% | 4.47% | +0.21 |
| AMBZ American Business Bank | Add +3.0% | 1.61% | +0.21 |
| UBFO United Security Bancshare | New | 0.19% | +0.19 |
| EBMT Eagle Bancorp Montana Inc. | Add +18.7% | 0.69% | +0.07 |
| HBNC Horizon Bancorp Inc. | Add +0.4% | 1.89% | −0.00 |
| NKSH National Bankshares Inc. | Add +5.3% | 0.84% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $330.5M | HBAN, AROW, FNB, COLB, WABC |
| Q1 2026 | 39 | $359.4M | HOPE, WSBC, HAFC, ASB, FNB |
| Q4 2025 | 37 | $352.9M | TFC, HOPE, SFNC, HAFC, KRE |
| Q3 2025 | 30 | $317.1M | SFNC, TFC, HOPE, KEY, HAFC |
| Q2 2025Amended | 34 | $365.2M | CMA, TFC, KEY, ASB, SFNC |
| Q1 2025 | 45 | $405.2M | TFC, KEY, BPOP, CMA, ASB |
| Q4 2024Amended | 48 | $452.2M | BPOP, TFC, CFG, ASB, HAPN |
| Q3 2024 | 34 | $433.7M | CMA, USB, TFC, BPOP, CFG |
| Q2 2024 | 23 | $557.5M | TFC, KEY, CMA, CFG, USB |
| Q1 2024 | 22 | $516.1M | TFC, KEY, USB, CFG, HBAN |