Ategra Capital Management, LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ategra Capital Management, LLC reported 23 stock positions worth $179.6 million . Its top holding was Truist Financial (TFC) at 10.1% of the portfolio, followed by Financial Institutions (FISI, 10.0% ) and Beacon Financial (BBT, 8.5% ). Compared with Q4 2025, it sold out of 2, added to 5 and reduced 7. The biggest buy was Wells Fargo (WFC, shares +2307% ) and the biggest sale an exit from Eagle Bancorp (EGBN).
Location VIENNA, VA
CIK 0001741369
Portfolio Value $179.6M (Q1 2026) Holdings 23 stocks · $179.6M 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 Q4 2025 TFC Truist Financial Corp. 395,710 $18.2M Add +24.6% FISI Financial Institutions Inc. 564,100 $17.9M Reduce -1.4% BBT Beacon Financial Corp. 511,288 $15.3M No change CFG Citizens Financial Group 248,665 $14.9M Add +3.6% HWBK Hawthorn Bancshares Inc. 342,390 $11.5M No change WFC Wells Fargo & Co. 144,410 $11.5M Add +2306.8% PKBK Parke Bancorp Inc. 374,147 $10.6M Reduce -17.5% AX Axos Financial Inc. 113,765 $9.7M Reduce -25.8% QQQ Invesco QQQ Trust Series 1 15,839 $9.1M No change ARBV American Riviera Bancorp 380,700 $9.0M No change VOO Vanguard S&P 500 ETF 14,724 $8.8M No change TCBX Third Coast Bancshares Inc. 204,923 $7.8M Add +12.5% CBNK Capital Bancorp Inc. 231,256 $6.9M No change FVCB Fvcbankcorp Inc. 436,748 $6.6M No change IBCP Independent Bank Corp. - Mich 139,223 $4.6M No change MRBK Meridian Corp. 239,210 $4.5M Reduce -32.1% PEBO Peoples Bancorp Inc. 89,292 $2.9M No change EIX Edison International 36,930 $2.7M No change BA The Boeing Co. 9,500 $1.9M Reduce -18.8% MVBF MVB Financial Corp. 71,131 $1.8M Reduce -35.6% SCHW Schwab (charles) Corp. 16,229 $1.5M Add +226.9% IWN iShares Russell 2000 Value E 6,678 $1.3M No change CFFI C & F Financial Corp. filed as C & F FINL CORP 7,193 $525K Reduce -49.3%
Options reported separately and not counted above: QQQ puts ($11.5M), TFC calls ($4.6M), BA calls ($4.0M), SCHW calls ($1.5M).
Portfolio Sells Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ EGBN Eagle Bancorp Inc. Sold out 0.00% −2.26 AX Axos Financial Inc. Reduce -25.8% 5.39% −2.16 MRBK Meridian Corp. Reduce -32.1% 2.52% −1.01 AUB Atlantic Union Bankshares Co. Sold out 0.00% −0.94 MVBF MVB Financial Corp. Reduce -35.6% 0.98% −0.65 PKBK Parke Bancorp Inc. Reduce -17.5% 5.92% −0.58 BA The Boeing Co. Reduce -18.8% 1.05% −0.40 CFFI C & F Financial Corp. Reduce -49.3% 0.29% −0.30 FISI Financial Institutions Inc. Reduce -1.4% 9.96% −0.23
Portfolio Buys Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ WFC Wells Fargo & Co. Add +2306.8% 6.40% +6.08 TFC Truist Financial Corp. Add +24.6% 10.13% +1.19 SCHW Schwab (charles) Corp. Add +226.9% 0.85% +0.57 TCBX Third Coast Bancshares Inc. Add +12.5% 4.32% +0.36 CFG Citizens Financial Group Add +3.6% 8.30% +0.29
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Reduce -50.0% 20,000 $11.5M TFC Truist Financial Corp. call Reduce -33.3% 100,000 $4.6M BA The Boeing Co. call Add +33.3% 20,000 $4.0M SCHW Schwab (charles) Corp. call New 16,000 $1.5M
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