Rhino Investment Partners, Inc
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Rhino Investment Partners, Inc reported 34 stock positions worth $365.2 million. Its top holding was Comerica (CMA) at 6.7% of the portfolio, followed by Truist Financial (TFC, 6.4%) and Keycorp (KEY, 6.4%). Compared with Q1 2025, it opened 3 new positions, sold out of 14, added to 11 and reduced 19. The biggest buy was M & T Bank (MTB, shares +54%) and the biggest sale Truist Financial (TFC, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001828776
- Portfolio Value
- $365.2M (Q2 2025)
- SEC Filing
- 0001828776-25-000007 ↗ filed Aug 11, 2025
Holdings Value
Holdings 34 stocks · $365.2M
| CMA Comerica Inc. | 6.68% | 408,915 | $24.4M | Add +4.1% |
| TFC Truist Financial Corp. | 6.43% | 546,518 | $23.5M | Reduce -34.4% |
| KEY Keycorp | 6.38% | 1,337,056 | $23.3M | Reduce -31.6% |
| ASB Associated Banc-Corp. | 6.22% | 930,626 | $22.7M | Reduce -9.2% |
| SFNC Simmons First Natl Corp. Class A | 6.18% | 1,190,079 | $22.6M | Add +45.6% |
| FNB FNB Corp. | 5.99% | 1,499,892 | $21.9M | Add +0.9% |
| BPOP Popular Inc. | 5.32% | 176,182 | $19.4M | Reduce -34.2% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 5.15% | 96,911 | $18.8M | Add +54.0% |
| CFG Citizens Financial Group | 5.12% | 417,952 | $18.7M | Reduce -18.6% |
| HOPE Hope Bancorp Inc. | 4.29% | 1,461,336 | $15.7M | Add +10.4% |
| OBK Origin Bancorp Inc. | 4.19% | 427,665 | $15.3M | Reduce -14.2% |
| HAFC Hanmi Financial Corporation | 4.18% | 618,271 | $15.3M | Reduce -1.3% |
| BANC Banc of California Inc. | 3.22% | 836,452 | $11.8M | Add +68.9% |
| PCB PCB Bancorp | 2.87% | 499,786 | $10.5M | Reduce -11.2% |
| PNC PNC Financial Services Group | 2.64% | 51,761 | $9.6M | Add +84.6% |
| VBNK Versabank | 2.55% | 816,924 | $9.3M | Reduce -13.4% |
| WAL Western Alliance Bancorp | 2.27% | 106,348 | $8.3M | Reduce -11.5% |
| SFST Southern First Bancshares | 2.19% | 210,121 | $8.0M | No change |
| HBNC Horizon Bancorp Inc. | 2.01% | 478,021 | $7.4M | Reduce -11.0% |
| HTBK Heritage Commerce Corp. | 1.66% | 612,175 | $6.1M | Add +11.6% |
| AMBZ American Business Bank | 1.65% | 141,541 | $6.0M | Reduce -14.7% |
| WEX Wex Inc. | 1.63% | 40,462 | $5.9M | New |
| FISI Financial Institutions Inc. | 1.55% | 220,245 | $5.7M | Reduce -29.6% |
| AROW Arrow Financial Corp. | 1.45% | 199,948 | $5.3M | Add +1.9% |
| BWB Bridgewater Bancshares Inc. | 1.40% | 321,428 | $5.1M | New |
| FRST Primis Financial Corp. | 1.36% | 456,531 | $5.0M | Reduce -34.6% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 1.24% | 375,504 | $4.5M | Reduce -21.7% |
| RBB RBB Bancorp | 1.15% | 244,873 | $4.2M | Reduce -7.8% |
| ISTR Investar Holding Corp. | 0.87% | 164,010 | $3.2M | Add +4.4% |
| NKSH National Bankshares Inc. | 0.85% | 114,007 | $3.1M | Reduce -4.0% |
| FVCB Fvcbankcorp Inc. | 0.73% | 227,014 | $2.7M | Add +15.9% |
| AMTB Amerant Bancorp Inc. | 0.54% | 108,697 | $2.0M | Reduce -18.8% |
| CARE Carter Bankshares Inc. | 0.03% | 6,909 | $120K | New |
| MYFW First Western Financial Inc. | 0.02% | 2,809 | $63K | Reduce -98.8% |
Portfolio Sells Q1 2025 → Q2 2025
| TFC Truist Financial Corp. | Reduce -34.4% | 6.43% | −2.03 |
| WSBF Waterstone Financial Inc. | Sold out | 0.00% | −1.84 |
| KEY Keycorp | Reduce -31.6% | 6.38% | −1.34 |
| WAFD Wafd Inc. | Sold out | 0.00% | −1.32 |
| OPBK Op Bancorp | Sold out | 0.00% | −1.16 |
| ALRS Alerus Financial Corp. | Sold out | 0.00% | −1.11 |
| MYFW First Western Financial Inc. | Reduce -98.8% | 0.02% | −1.08 |
| KRNY Kearny Financial Corp. | Sold out | 0.00% | −0.99 |
| CFBK CF Bankshares Inc. | Sold out | 0.00% | −0.97 |
| HANOVER BANCORP INC/NY | Sold out | 0.00% | −0.86 |
| KREF KKR Real Estate Finance Trus | Sold out | 0.00% | −0.79 |
| BPOP Popular Inc. | Reduce -34.2% | 5.32% | −0.79 |
| FISI Financial Institutions Inc. | Reduce -29.6% | 1.55% | −0.38 |
| CFFI C & F Financial Corp. | Sold out | 0.00% | −0.37 |
| HONE Harborone Bancorp Inc. | Sold out | 0.00% | −0.35 |
| FRST Primis Financial Corp. | Reduce -34.6% | 1.36% | −0.33 |
| AMBZ American Business Bank | Reduce -14.7% | 1.65% | −0.18 |
| HWBK Hawthorn Bancshares Inc. | Sold out | 0.00% | −0.15 |
| AMTB Amerant Bancorp Inc. | Reduce -18.8% | 0.54% | −0.14 |
| FCCO First Community Corp. | Sold out | 0.00% | −0.09 |
| OBK Origin Bancorp Inc. | Reduce -14.2% | 4.19% | −0.08 |
| CFG Citizens Financial Group | Reduce -18.6% | 5.12% | −0.07 |
| UBFO United Security Bancshare | Sold out | 0.00% | −0.06 |
| TBNK Territorial Bancorp Inc. | Sold out | 0.00% | −0.01 |
| WAL Western Alliance Bancorp | Reduce -11.5% | 2.27% | −0.01 |
| HBNC Horizon Bancorp Inc. | Reduce -11.0% | 2.01% | +0.01 |
| HAPN Happen Inc. | Reduce -21.7% | 1.24% | +0.02 |
| NKSH National Bankshares Inc. | Reduce -4.0% | 0.85% | +0.07 |
| RBB RBB Bancorp | Reduce -7.8% | 1.15% | +0.07 |
| VBNK Versabank | Reduce -13.4% | 2.55% | +0.14 |
| PCB PCB Bancorp | Reduce -11.2% | 2.87% | +0.27 |
| ASB Associated Banc-Corp. | Reduce -9.2% | 6.22% | +0.52 |
| HAFC Hanmi Financial Corporation | Reduce -1.3% | 4.18% | +0.68 |
Portfolio Buys Q1 2025 → Q2 2025
| MTB M & T Bank Corp. | Add +54.0% | 5.15% | +2.37 |
| SFNC Simmons First Natl Corp. Class A | Add +45.6% | 6.18% | +2.04 |
| WEX Wex Inc. | New | 1.63% | +1.63 |
| BANC Banc of California Inc. | Add +68.9% | 3.22% | +1.48 |
| PNC PNC Financial Services Group | Add +84.6% | 2.64% | +1.43 |
| BWB Bridgewater Bancshares Inc. | New | 1.40% | +1.40 |
| FNB FNB Corp. | Add +0.9% | 5.99% | +1.05 |
| CMA Comerica Inc. | Add +4.1% | 6.68% | +0.96 |
| HOPE Hope Bancorp Inc. | Add +10.4% | 4.29% | +0.87 |
| HTBK Heritage Commerce Corp. | Add +11.6% | 1.66% | +0.38 |
| FVCB Fvcbankcorp Inc. | Add +15.9% | 0.73% | +0.22 |
| ISTR Investar Holding Corp. | Add +4.4% | 0.87% | +0.18 |
| AROW Arrow Financial Corp. | Add +1.9% | 1.45% | +0.17 |
| CARE Carter Bankshares Inc. | New | 0.03% | +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 |