Ategra Capital Management reduced its stake in Axos Financial (NYSE:AX) by 39,577 shares in the first quarter, an estimated $3.61 million trade based on quarterly average pricing, according to a May 15, 2026, SEC filing.
What happened
According to the SEC filing dated May 15, 2026, Ategra Capital Management sold 39,577 shares of Axos Financial in the first quarter. The estimated transaction value was $3.61 million, calculated using the mean unadjusted close for the quarter. The fund’s position in Axos Financial ended the period at 113,765 shares, with a quarter-end value of $9.68 million.
What else to know
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This was a reduction of Ategra’s Axos Financial stake, which now makes up 4.81% of its 13F reportable AUM.
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Top holdings after the filing:
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NYSE: TFC: $18.19 million
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NASDAQ:FISI: $17.89 million (10.5% of AUM)
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NYSE: BBT: $15.34 million
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NYSE: CFG: $14.91…
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