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Ategra Capital Management, LLC

CIK:0001741369
Hedge Fund
$117M AUM
22 holdings
Vienna, VA, US
Founded:2005
6 employees
Latest filing:Jun 30, 2025

Ategra Capital Management, LLC is a hedge fund and SEC-registered investment adviser based in Vienna, Virginia. Established in 2005, the firm manages pooled investment vehicles with total assets under management of approximately $117.3 million as of July 2024. Ategra is managed by a small team, with 6 employees reported, most of whom are investment professionals, and is led by principals Michael Rebibo, Jonathan Holtaway, and Jacques Rebibo. The firm focuses mainly on managing and advising private funds, including the Ategra LS500 LP and Ategra Community Financial Institution Fund LP, serving primarily institutional and accredited investors.

Investment Strategy

ATEGRA CAPITAL MANAGEMENT, LLC specializes in hedge fund management, allocating capital primarily to pooled investment vehicles. The firm's investment approach emphasizes long/short equity strategies, with a historical focus on US community financial institutions and banks. Ategra seeks to leverage industry expertise and fundamental research to identify undervalued opportunities and generate returns for its fund investors. The firm's filings and reported holdings suggest an active, research-driven strategy rooted in financial sector specialization.

Latest 13F Filing Activity

Ategra Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 19 equity positions and 3 options positions with a total 13F market value of $126M. The fund increased holdings in Berkshire Hills Bancorp Inc., Citizens Finl Group Inc., Invesco QQQ TR among other positions. Ategra Capital Management, LLC reduced exposure to First Horizon Corporation, Meridian Corporation, Enterprise Bancorp Inc. Mass among others.

Top Buys
B
BHLBBERKSHIRE HILLS BANCORP INC
+$5.1M
C
CFGCITIZENS FINL GROUP INC
+$3.1M
Q
QQQINVESCO QQQ TR
+$2.7M
T
TFCTRUIST FINL CORP
+$2.3M
A
AUBATLANTIC UN BANKSHARES CORP
+$2.3M
Top Sells
F
FHNFIRST HORIZON CORPORATION
-$12.2M
M
MRBKMERIDIAN CORPORATION
-$3.1M
E
EBTCENTERPRISE BANCORP INC MASS
-$3.1M
X
XLVSELECT SECTOR SPDR TR
-$1.5M
V
VOOVANGUARD INDEX FDS
-$940.9K

Top Holdings

A
AXAXOS FINANCIAL INC
+13.3%$16.7M
T
TFCTRUIST FINL CORP
+12.5%$15.8M
F
FISIFINANCIAL INSTNS INC
+11.6%$14.7M
V
VOOVANGUARD INDEX FDS
+8.2%$10.4M
H
HWBKHAWTHORN BANCSHARES INC
+7.9%$10.0M

Equity Positions (19)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
AXOS FINANCIAL INC13.25%$16.7M220,216$50.17$76.04+$1.6M
TRUIST FINL CORP12.48%$15.8M366,620$33.77$42.99+$2.3M
FINANCIAL INSTNS INC11.63%$14.7M572,075$23.44$25.68+$411.9K
VANGUARD INDEX FDS8.19%$10.4M18,224$324.81$568.03-$940.9K
HAWTHORN BANCSHARES INC7.90%$10.0M342,390$19.18$29.14+$311.6K

Options Positions (3)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
TRUIST FINL CORPSold
Call
$506.5K1,500$42.99$33.27-2,007-$1.3M
SPDR S&P 500 ETF TRNew
Put
$45.7K180$617.85$617.85+180+$45.7K
ROYAL BK CDASold
Put
$15.3K100$131.55$112.72-612-$99.1K

Industry Allocation

NATIONAL COMMERCIAL BANKS
+36.8%
STATE COMMERCIAL BANKS
+18.3%
SAVINGS INSTITUTION, FEDERALLY CHARTERED
+7.0%
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
+4.1%
AIRCRAFT
+1.5%