Ategra Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed February 14, 2025), Ategra Capital Management, LLC reported 21 stock positions worth $116.7 million. Its top holding was Axos Financial (AX) at 12.1% of the portfolio, followed by Truist Financial (TFC, 9.7%) and Financial Institutions (FISI, 9.5%). Compared with Q1 2024, it opened 2 new positions, sold out of 70, added to 4 and reduced 13. The biggest buy was Financial Institutions (FISI, shares +3%) and the biggest sale an exit from Zions Bancorp NA (ZION).
- Most Recent 13F
- Q2 2026
- Location
- VIENNA, VA
- CIK
- 0001741369
- Portfolio Value
- $116.7M (Q2 2024)
- SEC Filing
- 0000919574-25-001297 ↗ filed Feb 14, 2025
Holdings Value
Holdings 21 stocks · $116.7M
| AX Axos Financial Inc. | 12.06% | 246,237 | $14.1M | Reduce -13.7% |
| TFC Truist Financial Corp. | 9.72% | 291,934 | $11.3M | Reduce -15.5% |
| FISI Financial Institutions Inc. | 9.47% | 572,075 | $11.1M | Add +2.6% |
| VOO Vanguard S&P 500 ETF | 9.42% | 21,974 | $11.0M | Reduce -38.0% |
| MRBK Meridian Corp. | 9.10% | 1,009,317 | $10.6M | Add +0.2% |
| IBCP Independent Bank Corp. - Mich | 8.37% | 361,885 | $9.8M | Reduce -16.4% |
| HWBK Hawthorn Bancshares Inc. | 6.92% | 407,513 | $8.1M | No change |
| WFC Wells Fargo & Co. | 5.95% | 116,957 | $6.9M | Reduce -46.2% |
| CBNK Capital Bancorp Inc. | 5.04% | 286,853 | $5.9M | Add +5.6% |
| TCBX Third Coast Bancshares Inc. | 4.31% | 236,661 | $5.0M | Reduce -10.7% |
| QQQ Invesco QQQ Trust Series 1 | 4.26% | 10,383 | $5.0M | Reduce -51.9% |
| SNV Synovus Financial Corp. | 3.41% | 98,960 | $4.0M | Reduce -19.9% |
| PKBK Parke Bancorp Inc. | 3.09% | 207,134 | $3.6M | Add +576.6% |
| FHN First Horizon Corp. | 2.55% | 188,943 | $3.0M | New |
| TLT iShares 20+ Year Treasury BD | 2.50% | 31,806 | $2.9M | Reduce -63.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.01% | 17,335 | $1.2M | Reduce -36.3% |
| NEE Nextera Energy Inc. | 0.86% | 14,220 | $1.0M | Reduce -51.5% |
| CFFI C & F Financial Corp. filed as C & F FINL CORP | 0.80% | 19,431 | $937K | New |
| CFBK CF Bankshares Inc. | 0.51% | 31,836 | $597K | No change |
| UVE Universal Insurance Holdings | 0.42% | 26,205 | $492K | Reduce -58.1% |
| DGICA Donegal Group Inc. Class A | 0.20% | 17,715 | $228K | Reduce -55.6% |
Options reported separately and not counted above: TFC calls ($2.6M), WFC calls ($118K), QQQ puts ($6K).
Portfolio Sells Q1 2024 → Q2 2024
| ZION Zions Bancorp NA | Sold out | 0.00% | −2.71 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −2.30 |
| AAPL Apple Inc. | Sold out | 0.00% | −1.74 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.67 |
| DEM Wisdomtree Emerging Markets | Sold out | 0.00% | −1.38 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.35 |
| TLT iShares 20+ Year Treasury BD | Reduce -63.2% | 2.50% | −1.26 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −1.25 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −1.09 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −1.08 |
| CVX Chevron Corp. | Sold out | 0.00% | −1.02 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.98 |
| NGG National Grid PLC-SP ADR | Sold out | 0.00% | −0.88 |
| NLY Annaly Capital Management Inc. | Sold out | 0.00% | −0.79 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.79 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.78 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.77 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.76 |
| UL Unilever PLC | Sold out | 0.00% | −0.69 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.68 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.65 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.64 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.63 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.58 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −0.55 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.51 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.45 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.44 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.42 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.41 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.40 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −0.38 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.32 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.31 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.31 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.30 |
| KTF DWS Municipal Income Trust | Sold out | 0.00% | −0.30 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.26 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.26 |
| RTX RTX Corp. | Sold out | 0.00% | −0.26 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.24 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.24 |
| ALRS Alerus Financial Corp. | Sold out | 0.00% | −0.24 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.23 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.23 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.23 |
| BIP Brookfield Infrastructure Pa | Sold out | 0.00% | −0.23 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.22 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.21 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.21 |
Portfolio Buys Q1 2024 → Q2 2024
Options Activity Q1 2024 → Q2 2024
| TFC Truist Financial Corp. | call | Reduce -25.2% | 400,700 | $2.6M |
| BAC Bank of America Corp. | call | Sold out | 100,000 | $910Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 20,000 | $22Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $188.1M | FISI, TFC, CFG, HWBK, WFC |
| Q1 2026 | 23 | $179.6M | TFC, FISI, BBT, CFG, HWBK |
| Q4 2025 | 25 | $175.0M | FISI, TFC, CFG, BBT, AX |
| Q3 2025 | 22 | $149.2M | FISI, TFC, AX, BBT, CFG |
| Q2 2025 | 19 | $125.8M | AX, TFC, FISI, VOO, HWBK |
| Q1 2025 | 17 | $123.7M | AX, FISI, TFC, FHN, VOO |
| Q4 2024 | 20 | $148.3M | FISI, AX, TFC, MRBK, FHN |
| Q3 2024 | 19 | $137.5M | FISI, TFC, MRBK, VOO, WFC |
| Q2 2024 | 21 | $116.7M | AX, TFC, FISI, VOO, MRBK |
| Q1 2024 | 89 | $217.6M | VOO, AX, TFC, WFC, IBCP |