Rhino Investment Partners, Inc
Long book
$359.4M
Q1 2026
Positions
39
Top-10 weight
52%
concentration
Last quarter
+17.9%
SPY +14.8%
Turnover
42%
of book per quarter
Strategy in plain words
auto-generated from filingsRhino Investment Partners, Inc is a concentrated fundamental stock-picker, specialised in financials (97% of the long book), running a $359.4M US long book across 39 positions.
The portfolio is concentrated: the top 10 names carry 52% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: HOPE BANCORP INC, WESBANCO INC, HANMI FINANCIAL CORPORATION, ASSOCIATED BANC-CORP, FNB CORP.
Over the last 9 quarters its long book ran on average 1.7pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.9%
Q2 2024
+16.0%
Q3 2024
+6.9%
Q4 2024
-8.3%
Q1 2025
+7.5%
Q2 2025
+8.5%
Q3 2025
+6.6%
Q4 2025
+3.1%
Q1 2026
+17.9%
Sector allocation
Financials 94%
Other 4%
Services media 3%
Long book by quarter
What does Rhino Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HOPE HOPE BANCORP INC | Financials | 2.6M | $29.0M | 8.1% | +9.9% |
| WSBC WESBANCO INC | Financials | 703.7K | $24.3M | 6.8% | +18.7% |
| HAFC HANMI FINANCIAL CORPORATION | Financials | 882.0K | $23.2M | 6.5% | +4.9% |
| ASB ASSOCIATED BANC-CORP | Financials | 824.1K | $21.3M | 5.9% | +35.8% |
| FNB FNB CORP | Financials | 1.2M | $20.2M | 5.6% | +47.8% |
| FULT FULTON FINANCIAL CORP | Financials | 840.3K | $17.1M | 4.8% | +105.4% |
| SFNC SIMMONS FIRST NATL CORP-CL A | Financials | 726.9K | $14.1M | 3.9% | -46.9% |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 881.7K | $13.8M | 3.8% | New |
| TMP TOMPKINS FINANCIAL CORP | Financials | 166.9K | $13.2M | 3.7% | +88.5% |
| BUSE FIRST BUSEY CORP | Financials | 492.1K | $12.4M | 3.5% | +101.3% |
| SFST SOUTHERN FIRST BANCSHARES | Financials | 210.1K | $11.5M | 3.2% | Held |
| QCRH QCR HOLDINGS INC | Financials | 133.3K | $11.4M | 3.2% | +122.1% |
| TOWN TOWNE BANK | — | 287.7K | $9.7M | 2.7% | +71.8% |
| PCB PCB BANCORP | Financials | 426.0K | $9.6M | 2.7% | +0.1% |
| WEX WEX INC | Services media | 61.2K | $9.4M | 2.6% | +45.7% |
| HFWA HERITAGE FINANCIAL CORP | Financials | 330.5K | $8.6M | 2.4% | +77.7% |
| BWB BRIDGEWATER BANCSHARES INC | Financials | 430.5K | $7.6M | 2.1% | +5.5% |
| MPB MID PENN BANCORP INC | Financials | 232.1K | $7.5M | 2.1% | +166.1% |
| RBB RBB BANCORP | Financials | 338.8K | $7.2M | 2.0% | +9.4% |
| MSBI MIDLAND STATES BANCORP INC | Financials | 320.3K | $7.1M | 2.0% | +22.5% |
| ZION ZIONS BANCORP NA | Financials | 114.6K | $6.6M | 1.8% | New |
| NWBI NORTHWEST BANCSHARES INC | Financials | 519.7K | $6.6M | 1.8% | New |
| COLB COLUMBIA BANKING SYSTEM INC | Financials | 239.8K | $6.6M | 1.8% | New |
| FMBH FIRST MID BANCSHARES INC | Financials | 157.6K | $6.5M | 1.8% | +23.1% |
| PKBK PARKE BANCORP INC | Financials | 227.8K | $6.5M | 1.8% | New |
| ONB OLD NATIONAL BANCORP | Financials | 292.1K | $6.5M | 1.8% | New |
| TFC TRUIST FINANCIAL CORP | Financials | 128.1K | $5.9M | 1.6% | -75.9% |
| WTBA WEST BANCORPORATION | Financials | 224.0K | $5.3M | 1.5% | -1.3% |
| CFBK CF BANKSHARES INC | Financials | 125.4K | $3.5M | 1.0% | New |
| AMBZ AMERICAN BUSINESS BANK | — | 46.6K | $3.3M | 0.9% | -67.1% |
| CZWI CITIZENS COMMUNITY BANCORP I | Financials | 162.3K | $3.2M | 0.9% | New |
| FVCB FVCBANKCORP INC | Financials | 199.2K | $3.0M | 0.8% | -12.3% |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 29.9K | $2.6M | 0.7% | New |
| NKSH NATIONAL BANKSHARES INC/VA | Financials | 70.4K | $2.6M | 0.7% | -38.3% |
| JMSB JOHN MARSHALL BANCORP INC | Financials | 118.6K | $2.4M | 0.7% | +25.0% |
| FMAO FARMERS & MERCHANTS BANCO/OH | Financials | 68.7K | $1.8M | 0.5% | New |
| FNLC FIRST BANCORP INC/ME | Financials | 48.6K | $1.4M | 0.4% | New |
| CHMG CHEMUNG FINANCIAL CORP | Financials | 21.1K | $1.1M | 0.3% | +217.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 39 | $359.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 37 | $352.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 30 | $317.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR/ARESTATEMENT | Aug 11, 2025 | 34 | $365.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 34 | $162.9M | SEC ↗ | |
| Q1 2025 | 13F-HR | May 14, 2025 | 45 | $405.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Feb 14, 2025 | 48 | $452.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 48 | $452.2M | SEC ↗ | |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 34 | $433.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 23 | $557.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 22 | $516.1M | canonical | SEC ↗ |