Rhino Investment Partners, Inc
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Rhino Investment Partners, Inc reported 37 stock positions worth $352.9 million. Its top holding was Truist Financial (TFC) at 7.4% of the portfolio, followed by Hope Bancorp (HOPE, 7.3%) and Simmons First Natl Class A (SFNC, 7.3%). Compared with Q3 2025, it opened 12 new positions, sold out of 5, added to 9 and reduced 12. The biggest buy was a new position in SS SPDR S&P Regional Bank (KRE) and the biggest sale an exit from Banc of California (BANC).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001828776
- Portfolio Value
- $352.9M (Q4 2025)
- SEC Filing
- 0001828776-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 37 stocks · $352.9M
| TFC Truist Financial Corp. | 7.42% | 532,254 | $26.2M | Add +2.5% |
| HOPE Hope Bancorp Inc. | 7.34% | 2,362,498 | $25.9M | Add +24.6% |
| SFNC Simmons First Natl Corp. Class A | 7.31% | 1,369,079 | $25.8M | Add +2.9% |
| HAFC Hanmi Financial Corporation | 6.44% | 840,949 | $22.7M | Add +7.0% |
| KRE SS SPDR S&P Regional Bank | 6.43% | 350,197 | $22.7M | New |
| AROW Arrow Financial Corp. | 5.76% | 789,305 | $20.3M | Add +246.5% |
| WSBC Wesbanco Inc. | 5.59% | 593,025 | $19.7M | New |
| FNB FNB Corp. | 3.96% | 816,892 | $14.0M | Reduce -9.9% |
| KEY Keycorp | 3.46% | 592,056 | $12.2M | Reduce -43.2% |
| ASB Associated Banc-Corp. | 3.32% | 606,760 | $11.7M | Reduce -16.6% |
| SFST Southern First Bancshares | 3.07% | 210,121 | $10.8M | No change |
| CFG Citizens Financial Group | 2.96% | 178,973 | $10.5M | Reduce -45.1% |
| PCB PCB Bancorp | 2.61% | 425,511 | $9.2M | Reduce -6.0% |
| AMBZ American Business Bank | 2.60% | 141,541 | $9.2M | No change |
| FULT Fulton Financial Corp. | 2.24% | 409,014 | $7.9M | New |
| BWB Bridgewater Bancshares Inc. | 2.03% | 407,954 | $7.2M | Add +21.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.98% | 34,680 | $7.0M | Reduce -16.4% |
| FISI Financial Institutions Inc. | 1.91% | 215,887 | $6.7M | Reduce -2.0% |
| TMP Tompkins Financial Corp. | 1.82% | 88,550 | $6.4M | New |
| RBB RBB Bancorp | 1.81% | 309,740 | $6.4M | Add +22.3% |
| WEX Wex Inc. | 1.77% | 42,005 | $6.3M | Reduce -25.3% |
| OBK Origin Bancorp Inc. | 1.76% | 165,094 | $6.2M | Reduce -56.7% |
| BUSE First Busey Corp. | 1.65% | 244,524 | $5.8M | New |
| TOWN Towne Bank | 1.58% | 167,500 | $5.6M | New |
| MSBI Midland States Bancorp Inc. | 1.57% | 261,534 | $5.5M | New |
| BPOP Popular Inc. | 1.52% | 43,058 | $5.4M | Reduce -69.5% |
| WTBA West Bancorporation | 1.43% | 226,876 | $5.0M | Add +140.4% |
| QCRH QCR Holdings Inc. | 1.42% | 60,016 | $5.0M | New |
| FMBH First Mid Bancshares Inc. | 1.41% | 128,002 | $5.0M | New |
| HFWA Heritage Financial Corp. | 1.25% | 185,944 | $4.4M | New |
| PNC PNC Financial Services Group | 1.14% | 19,261 | $4.0M | Reduce -22.2% |
| NKSH National Bankshares Inc. | 1.08% | 114,007 | $3.8M | No change |
| FVCB Fvcbankcorp Inc. | 0.89% | 227,014 | $3.2M | No change |
| MPB Mid Penn Bancorp Inc. | 0.77% | 87,220 | $2.7M | New |
| JMSB John Marshall Bancorp Inc. | 0.54% | 94,840 | $1.9M | Add +132.9% |
| CHMG Chemung Financial Corp. | 0.10% | 6,629 | $370K | New |
| HTBK Heritage Commerce Corp. | 0.07% | 20,617 | $248K | Reduce -97.4% |
Portfolio Sells Q3 2025 → Q4 2025
| BANC Banc of California Inc. | Sold out | 0.00% | −4.31 |
| BPOP Popular Inc. | Reduce -69.5% | 1.52% | −4.13 |
| WAL Western Alliance Bancorp | Sold out | 0.00% | −3.93 |
| CMA Comerica Inc. | Sold out | 0.00% | −3.15 |
| KEY Keycorp | Reduce -43.2% | 3.46% | −2.68 |
| ASB Associated Banc-Corp. | Reduce -16.6% | 3.32% | −2.59 |
| CFG Citizens Financial Group | Reduce -45.1% | 2.96% | −2.50 |
| HTBK Heritage Commerce Corp. | Reduce -97.4% | 0.07% | −2.42 |
| OBK Origin Bancorp Inc. | Reduce -56.7% | 1.76% | −2.39 |
| WEX Wex Inc. | Reduce -25.3% | 1.77% | −1.02 |
| FNB FNB Corp. | Reduce -9.9% | 3.96% | −0.65 |
| AVBH Avidbank Holdings Inc. | Sold out | 0.00% | −0.64 |
| MTB M & T Bank Corp. | Reduce -16.4% | 1.98% | −0.61 |
| PNC PNC Financial Services Group | Reduce -22.2% | 1.14% | −0.43 |
| PCB PCB Bancorp | Reduce -6.0% | 2.61% | −0.39 |
| CARE Carter Bankshares Inc. | Sold out | 0.00% | −0.02 |
| FISI Financial Institutions Inc. | Reduce -2.0% | 1.91% | +0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| KRE SS SPDR S&P Regional Bank | New | 6.43% | +6.43 |
| WSBC Wesbanco Inc. | New | 5.59% | +5.59 |
| AROW Arrow Financial Corp. | Add +246.5% | 5.76% | +3.73 |
| FULT Fulton Financial Corp. | New | 2.24% | +2.24 |
| TMP Tompkins Financial Corp. | New | 1.82% | +1.82 |
| BUSE First Busey Corp. | New | 1.65% | +1.65 |
| TOWN Towne Bank | New | 1.58% | +1.58 |
| MSBI Midland States Bancorp Inc. | New | 1.57% | +1.57 |
| QCRH QCR Holdings Inc. | New | 1.42% | +1.42 |
| FMBH First Mid Bancshares Inc. | New | 1.41% | +1.41 |
| HFWA Heritage Financial Corp. | New | 1.25% | +1.25 |
| HOPE Hope Bancorp Inc. | Add +24.6% | 7.34% | +0.90 |
| WTBA West Bancorporation | Add +140.4% | 1.43% | +0.82 |
| MPB Mid Penn Bancorp Inc. | New | 0.77% | +0.77 |
| HAFC Hanmi Financial Corporation | Add +7.0% | 6.44% | +0.32 |
| RBB RBB Bancorp | Add +22.3% | 1.81% | +0.31 |
| JMSB John Marshall Bancorp Inc. | Add +132.9% | 0.54% | +0.28 |
| BWB Bridgewater Bancshares Inc. | Add +21.4% | 2.03% | +0.16 |
| CHMG Chemung Financial Corp. | New | 0.10% | +0.10 |
| TFC Truist Financial Corp. | Add +2.5% | 7.42% | −0.07 |
| SFNC Simmons First Natl Corp. Class A | Add +2.9% | 7.31% | −0.73 |
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 |