Rhino Investment Partners, Inc

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Rhino Investment Partners, Inc reported 39 stock positions worth $359.4 million. Its top holding was Hope Bancorp (HOPE) at 8.1% of the portfolio, followed by Wesbanco (WSBC, 6.8%) and Hanmi Financial (HAFC, 6.5%). Compared with Q4 2025, it opened 11 new positions, sold out of 9, added to 20 and reduced 7. The biggest buy was a new position in Huntington Bancshares (HBAN) and the biggest sale Truist Financial (TFC, shares −76%).

Most Recent 13F
Q2 2026
Location
WEST CONSHOHOCKEN, PA
CIK
0001828776
Portfolio Value
$359.4M (Q1 2026)
SEC Filing
0001828776-26-000003 ↗ filed May 15, 2026

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 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 $359.4M Q1 2026 Q2 2026: $330.5M Q2 2026

Holdings 39 stocks · $359.4M

HOPE Hope Bancorp Inc. 8.07% 2,595,281 $29.0M Add +9.8%
WSBC Wesbanco Inc. 6.75% 703,723 $24.3M Add +18.7%
HAFC Hanmi Financial Corporation 6.47% 881,957 $23.2M Add +4.9%
ASB Associated Banc-Corp. 5.93% 824,104 $21.3M Add +35.8%
FNB FNB Corp. 5.62% 1,207,418 $20.2M Add +47.8%
FULT Fulton Financial Corp. 4.76% 840,319 $17.1M Add +105.5%
SFNC Simmons First Natl Corp. Class A 3.93% 726,883 $14.1M Reduce -46.9%
HBAN Huntington Bancshares Inc. 3.84% 881,678 $13.8M New
TMP Tompkins Financial Corp. 3.66% 166,941 $13.2M Add +88.5%
BUSE First Busey Corp. 3.46% 492,113 $12.4M Add +101.3%
SFST Southern First Bancshares 3.19% 210,121 $11.5M No change
QCRH QCR Holdings Inc. filed as QCR HLDGS INC 3.17% 133,324 $11.4M Add +122.2%
TOWN Towne Bank 2.70% 287,682 $9.7M Add +71.8%
PCB PCB Bancorp 2.67% 425,984 $9.6M Add +0.1%
WEX Wex Inc. 2.61% 61,205 $9.4M Add +45.7%
HFWA Heritage Financial Corp. 2.39% 330,459 $8.6M Add +77.7%
BWB Bridgewater Bancshares Inc. 2.12% 430,456 $7.6M Add +5.5%
MPB Mid Penn Bancorp Inc. 2.08% 232,072 $7.5M Add +166.1%
RBB RBB Bancorp 2.01% 338,810 $7.2M Add +9.4%
MSBI Midland States Bancorp Inc. 1.99% 320,288 $7.1M Add +22.5%
ZION Zions Bancorp NA 1.84% 114,645 $6.6M New
NWBI Northwest Bancshares Inc. 1.84% 519,707 $6.6M New
COLB Columbia Banking System Inc. 1.83% 239,797 $6.6M New
FMBH First Mid Bancshares Inc. 1.81% 157,581 $6.5M Add +23.1%
PKBK Parke Bancorp Inc. 1.80% 227,766 $6.5M New
ONB Old National Bancorp 1.80% 292,145 $6.5M New
KRE SS SPDR S&P Regional Bank 1.65% 91,048 $5.9M Reduce -74.0%
TFC Truist Financial Corp. 1.64% 128,091 $5.9M Reduce -75.9%
WTBA West Bancorporation 1.48% 224,038 $5.3M Reduce -1.3%
CFBK CF Bankshares Inc. 0.97% 125,377 $3.5M New
AMBZ American Business Bank 0.92% 46,552 $3.3M Reduce -67.1%
CZWI Citizens Community Bancorp I 0.89% 162,312 $3.2M New
FVCB Fvcbankcorp Inc. 0.84% 199,179 $3.0M Reduce -12.3%
PNFP Pinnacle Financial Partners 0.72% 29,948 $2.6M New
NKSH National Bankshares Inc. 0.71% 70,353 $2.6M Reduce -38.3%
JMSB John Marshall Bancorp Inc. 0.67% 118,580 $2.4M Add +25.0%
FMAO Farmers & Merchants Banco 0.49% 68,746 $1.8M New
FNLC First Bancorp Inc. 0.38% 48,585 $1.4M New
CHMG Chemung Financial Corp. 0.32% 21,069 $1.1M Add +217.8%

Portfolio Sells Q4 2025 → Q1 2026

TFC Truist Financial Corp. Reduce -75.9% 1.64% −5.78
AROW Arrow Financial Corp. Sold out 0.00% −5.76
KRE SS SPDR S&P Regional Bank Reduce -74.0% 1.65% −4.78
KEY Keycorp Sold out 0.00% −3.46
SFNC Simmons First Natl Corp. Class A Reduce -46.9% 3.93% −3.38
CFG Citizens Financial Group Sold out 0.00% −2.96
MTB M & T Bank Corp. Sold out 0.00% −1.98
FISI Financial Institutions Inc. Sold out 0.00% −1.91
OBK Origin Bancorp Inc. Sold out 0.00% −1.76
AMBZ American Business Bank Reduce -67.1% 0.92% −1.68
BPOP Popular Inc. Sold out 0.00% −1.52
PNC PNC Financial Services Group Sold out 0.00% −1.14
NKSH National Bankshares Inc. Reduce -38.3% 0.71% −0.37
HTBK Heritage Commerce Corp. Sold out 0.00% −0.07
FVCB Fvcbankcorp Inc. Reduce -12.3% 0.84% −0.05
WTBA West Bancorporation Reduce -1.3% 1.48% +0.06

Portfolio Buys Q4 2025 → Q1 2026

HBAN Huntington Bancshares Inc. New 3.84% +3.84
ASB Associated Banc-Corp. Add +35.8% 5.93% +2.61
FULT Fulton Financial Corp. Add +105.5% 4.76% +2.52
TMP Tompkins Financial Corp. Add +88.5% 3.66% +1.84
ZION Zions Bancorp NA New 1.84% +1.84
NWBI Northwest Bancshares Inc. New 1.84% +1.84
COLB Columbia Banking System Inc. New 1.83% +1.83
BUSE First Busey Corp. Add +101.3% 3.46% +1.81
PKBK Parke Bancorp Inc. New 1.80% +1.80
ONB Old National Bancorp New 1.80% +1.80
QCRH QCR Holdings Inc. Add +122.2% 3.17% +1.75
FNB FNB Corp. Add +47.8% 5.62% +1.66
MPB Mid Penn Bancorp Inc. Add +166.1% 2.08% +1.31
WSBC Wesbanco Inc. Add +18.7% 6.75% +1.17
HFWA Heritage Financial Corp. Add +77.7% 2.39% +1.14
TOWN Towne Bank Add +71.8% 2.70% +1.11
CFBK CF Bankshares Inc. New 0.97% +0.97
CZWI Citizens Community Bancorp I New 0.89% +0.89
WEX Wex Inc. Add +45.7% 2.61% +0.83
HOPE Hope Bancorp Inc. Add +9.8% 8.07% +0.73
PNFP Pinnacle Financial Partners New 0.72% +0.72
FMAO Farmers & Merchants Banco New 0.49% +0.49
MSBI Midland States Bancorp Inc. Add +22.5% 1.99% +0.42
FMBH First Mid Bancshares Inc. Add +23.1% 1.81% +0.39
FNLC First Bancorp Inc. New 0.38% +0.38
CHMG Chemung Financial Corp. Add +217.8% 0.32% +0.21
RBB RBB Bancorp Add +9.4% 2.01% +0.20
JMSB John Marshall Bancorp Inc. Add +25.0% 0.67% +0.13
BWB Bridgewater Bancshares Inc. Add +5.5% 2.12% +0.09
PCB PCB Bancorp Add +0.1% 2.67% +0.06
HAFC Hanmi Financial Corporation Add +4.9% 6.47% +0.03

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