Ategra Capital Management, LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Ategra Capital Management, LLC reported 19 stock positions worth $137.5 million . Its top holding was Financial Institutions (FISI) at 10.6% of the portfolio, followed by Truist Financial (TFC, 10.2% ) and Meridian (MRBK, 9.4% ). Compared with Q2 2024, it opened 3 new positions, sold out of 5, added to 8 and reduced 3. The biggest buy was a new position in Heritage Commerce (HTBK) and the biggest sale Independent Bank Corp. - Mich (IBCP, shares −86% ).
Location VIENNA, VA
CIK 0001741369
Portfolio Value $137.5M (Q3 2024) Holdings 19 stocks · $137.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 FISI Financial Institutions Inc. 572,075 $14.6M No change TFC Truist Financial Corp. 326,959 $14.0M Add +12.0% MRBK Meridian Corp. 1,026,340 $13.0M Add +1.7% VOO Vanguard S&P 500 ETF 21,974 $11.6M No change WFC Wells Fargo & Co. 196,725 $11.1M Add +68.2% HWBK Hawthorn Bancshares Inc. 407,513 $10.2M No change FHN First Horizon Corp. 618,637 $9.6M Add +227.4% AX Axos Financial Inc. 144,842 $9.1M Reduce -41.2% HTBK Heritage Commerce Corp. 847,801 $8.4M New CBNK Capital Bancorp Inc. 287,828 $7.4M Add +0.3% TCBX Third Coast Bancshares Inc. 269,097 $7.2M Add +13.7% QQQ Invesco QQQ Trust Series 1 10,369 $5.1M Reduce -0.1% PKBK Parke Bancorp Inc. 226,672 $4.7M Add +9.4% TLT iShares 20+ Year Treasury BD 42,401 $4.2M Add +33.3% EBTC Enterprise Bancorp Inc. 69,661 $2.2M New IBCP Independent Bank Corp. - Mich 50,601 $1.7M Reduce -86.0% NEE Nextera Energy Inc. 14,220 $1.2M No change CFFI C & F Financial Corp. filed as C & F FINL CORP 19,431 $1.1M No change IWN iShares Russell 2000 Value E 6,678 $1.1M New
Options reported separately and not counted above: TFC calls ($3.3M), WFC calls ($84K), QQQ puts ($16K).
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ IBCP Independent Bank Corp. - Mich Reduce -86.0% 1.23% −7.15 AX Axos Financial Inc. Reduce -41.2% 6.63% −5.44 SNV Synovus Financial Corp. Sold out 0.00% −3.41 XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −1.01 QQQ Invesco QQQ Trust Series 1 Reduce -0.1% 3.68% −0.58 CFBK CF Bankshares Inc. Sold out 0.00% −0.51 UVE Universal Insurance Holdings Sold out 0.00% −0.42 DGICA Donegal Group Inc. Class A Sold out 0.00% −0.20
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ HTBK Heritage Commerce Corp. New 6.09% +6.09 FHN First Horizon Corp. Add +227.4% 6.99% +4.44 WFC Wells Fargo & Co. Add +68.2% 8.09% +2.13 EBTC Enterprise Bancorp Inc. New 1.62% +1.62 TCBX Third Coast Bancshares Inc. Add +13.7% 5.24% +0.93 IWN iShares Russell 2000 Value E New 0.81% +0.81 TLT iShares 20+ Year Treasury BD Add +33.3% 3.03% +0.52 TFC Truist Financial Corp. Add +12.0% 10.17% +0.45 PKBK Parke Bancorp Inc. Add +9.4% 3.45% +0.36 CBNK Capital Bancorp Inc. Add +0.3% 5.38% +0.34 MRBK Meridian Corp. Add +1.7% 9.44% +0.34
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