Rhino Investment Partners, Inc
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Rhino Investment Partners, Inc reported 30 stock positions worth $317.1 million. Its top holding was Simmons First Natl Class A (SFNC) at 8.0% of the portfolio, followed by Truist Financial (TFC, 7.5%) and Hope Bancorp (HOPE, 6.4%). Compared with Q2 2025, it opened 3 new positions, sold out of 7, added to 9 and reduced 13. The biggest buy was Hope Bancorp (HOPE, shares +30%) and the biggest sale Comerica (CMA, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001828776
- Portfolio Value
- $317.1M (Q3 2025)
- SEC Filing
- 0001828776-25-000011 ↗ filed Nov 14, 2025
Holdings Value
Holdings 30 stocks · $317.1M
| SFNC Simmons First Natl Corp. Class A | 8.04% | 1,330,079 | $25.5M | Add +11.8% |
| TFC Truist Financial Corp. | 7.49% | 519,254 | $23.7M | Reduce -5.0% |
| HOPE Hope Bancorp Inc. | 6.44% | 1,896,501 | $20.4M | Add +29.8% |
| KEY Keycorp | 6.14% | 1,042,056 | $19.5M | Reduce -22.1% |
| HAFC Hanmi Financial Corporation | 6.12% | 785,756 | $19.4M | Add +27.1% |
| ASB Associated Banc-Corp. | 5.90% | 727,947 | $18.7M | Reduce -21.8% |
| BPOP Popular Inc. | 5.65% | 141,002 | $17.9M | Reduce -20.0% |
| CFG Citizens Financial Group | 5.47% | 326,035 | $17.3M | Reduce -22.0% |
| FNB FNB Corp. | 4.61% | 906,571 | $14.6M | Reduce -39.6% |
| BANC Banc of California Inc. | 4.31% | 826,452 | $13.7M | Reduce -1.2% |
| OBK Origin Bancorp Inc. | 4.15% | 381,309 | $13.2M | Reduce -10.8% |
| WAL Western Alliance Bancorp | 3.93% | 143,702 | $12.5M | Add +35.1% |
| CMA Comerica Inc. | 3.15% | 145,697 | $10.0M | Reduce -64.4% |
| PCB PCB Bancorp | 3.00% | 452,699 | $9.5M | Reduce -9.4% |
| SFST Southern First Bancshares | 2.92% | 210,121 | $9.3M | No change |
| WEX Wex Inc. | 2.79% | 56,230 | $8.9M | Add +39.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.59% | 41,478 | $8.2M | Reduce -57.2% |
| HTBK Heritage Commerce Corp. | 2.49% | 795,180 | $7.9M | Add +29.9% |
| AMBZ American Business Bank | 2.44% | 141,541 | $7.7M | No change |
| AROW Arrow Financial Corp. | 2.03% | 227,804 | $6.4M | Add +13.9% |
| FISI Financial Institutions Inc. | 1.89% | 220,245 | $6.0M | No change |
| BWB Bridgewater Bancshares Inc. | 1.87% | 336,188 | $5.9M | Add +4.6% |
| PNC PNC Financial Services Group | 1.57% | 24,761 | $5.0M | Reduce -52.2% |
| RBB RBB Bancorp | 1.50% | 253,190 | $4.7M | Add +3.4% |
| NKSH National Bankshares Inc. | 1.06% | 114,007 | $3.4M | No change |
| FVCB Fvcbankcorp Inc. | 0.93% | 227,014 | $2.9M | No change |
| AVBH Avidbank Holdings Inc. | 0.64% | 80,000 | $2.0M | New |
| WTBA West Bancorporation | 0.60% | 94,392 | $1.9M | New |
| JMSB John Marshall Bancorp Inc. | 0.25% | 40,721 | $807K | New |
| CARE Carter Bankshares Inc. | 0.02% | 3,758 | $73K | Reduce -45.6% |
Portfolio Sells Q2 2025 → Q3 2025
| CMA Comerica Inc. | Reduce -64.4% | 3.15% | −3.53 |
| MTB M & T Bank Corp. | Reduce -57.2% | 2.59% | −2.56 |
| VBNK Versabank | Sold out | 0.00% | −2.55 |
| HBNC Horizon Bancorp Inc. | Sold out | 0.00% | −2.01 |
| FNB FNB Corp. | Reduce -39.6% | 4.61% | −1.38 |
| FRST Primis Financial Corp. | Sold out | 0.00% | −1.36 |
| HAPN Happen Inc. | Sold out | 0.00% | −1.24 |
| PNC PNC Financial Services Group | Reduce -52.2% | 1.57% | −1.07 |
| ISTR Investar Holding Corp. | Sold out | 0.00% | −0.87 |
| AMTB Amerant Bancorp Inc. | Sold out | 0.00% | −0.54 |
| ASB Associated Banc-Corp. | Reduce -21.8% | 5.90% | −0.31 |
| KEY Keycorp | Reduce -22.1% | 6.14% | −0.24 |
| OBK Origin Bancorp Inc. | Reduce -10.8% | 4.15% | −0.03 |
| MYFW First Western Financial Inc. | Sold out | 0.00% | −0.02 |
| CARE Carter Bankshares Inc. | Reduce -45.6% | 0.02% | −0.01 |
| PCB PCB Bancorp | Reduce -9.4% | 3.00% | +0.13 |
| BPOP Popular Inc. | Reduce -20.0% | 5.65% | +0.33 |
| CFG Citizens Financial Group | Reduce -22.0% | 5.47% | +0.34 |
| TFC Truist Financial Corp. | Reduce -5.0% | 7.49% | +1.05 |
| BANC Banc of California Inc. | Reduce -1.2% | 4.31% | +1.10 |
Portfolio Buys Q2 2025 → Q3 2025
| HOPE Hope Bancorp Inc. | Add +29.8% | 6.44% | +2.15 |
| HAFC Hanmi Financial Corporation | Add +27.1% | 6.12% | +1.94 |
| SFNC Simmons First Natl Corp. Class A | Add +11.8% | 8.04% | +1.86 |
| WAL Western Alliance Bancorp | Add +35.1% | 3.93% | +1.66 |
| WEX Wex Inc. | Add +39.0% | 2.79% | +1.17 |
| HTBK Heritage Commerce Corp. | Add +29.9% | 2.49% | +0.83 |
| AVBH Avidbank Holdings Inc. | New | 0.64% | +0.64 |
| WTBA West Bancorporation | New | 0.60% | +0.60 |
| AROW Arrow Financial Corp. | Add +13.9% | 2.03% | +0.59 |
| BWB Bridgewater Bancshares Inc. | Add +4.6% | 1.87% | +0.47 |
| RBB RBB Bancorp | Add +3.4% | 1.50% | +0.34 |
| JMSB John Marshall Bancorp Inc. | New | 0.25% | +0.25 |
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 |