Ranger Investment Management, L.P.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Ranger Investment Management, L.P. reported 89 stock positions worth $1.6 billion. Its top holding was Pegasystems (PEGA) at 4.1% of the portfolio, followed by Lemaitre Vascular (LMAT, 3.8%) and Texas Roadhouse (TXRH, 3.5%). Compared with Q3 2024, it opened 10 new positions, sold out of 9, added to 10 and reduced 69. The biggest buy was a new position in Ncino (NCNO) and the biggest sale an exit from WNS (WNS).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001319691
Portfolio Value
$1.6B (Q4 2024)
SEC Filing
0001319691-25-000001 ↗ filed Feb 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.6B $1.6B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 89 stocks · $1.6B
PEGA Pegasystems Inc. 4.11% 697,990 $65.1M Reduce -8.9%
LMAT Lemaitre Vascular Inc. 3.83% 658,229 $60.6M Reduce -4.0%
TXRH Texas Roadhouse Inc. 3.48% 305,384 $55.1M Reduce -1.9%
WK Workiva Inc. 3.46% 500,163 $54.8M Reduce -0.4%
OSW Onespaworld Holdings Ltd. 3.37% 2,678,570 $53.3M Reduce -2.0%
EE Excelerate Energy Inc. Class A 3.29% 1,724,542 $52.2M Reduce -1.9%
GWRE Guidewire Software Inc. 2.79% 261,992 $44.2M Reduce -1.9%
ARIS WATER SOLUTIONS INC-A 2.72% 1,801,957 $43.2M Reduce -12.5%
AAON Aaon Inc. 2.64% 355,531 $41.8M Add +18.2%
CWST Casella Waste Systems Inc. Class A 2.55% 382,028 $40.4M Reduce -1.9%
PR Permian Resources Corp. Class A 2.19% 2,414,008 $34.7M Reduce -33.8%
TFIN Triumph Financial Inc. 2.18% 380,315 $34.6M Reduce -1.9%
HOMB Home Bancshares Inc. 2.14% 1,194,996 $33.8M Reduce -1.9%
FSS Federal Signal Corp. 2.09% 358,035 $33.1M Reduce -2.1%
RGEN Repligen Corp. 2.05% 226,067 $32.5M Reduce -1.9%
ANIP Ani Pharmaceuticals Inc. 2.02% 577,738 $31.9M Reduce -2.0%
PCTY Paylocity Holding Corp. 1.95% 154,965 $30.9M Add +35.1%
MLAB Mesa Laboratories Inc. 1.94% 233,555 $30.8M Reduce -1.9%
APPF Appfolio Inc. Class A 1.90% 121,683 $30.0M Reduce -2.2%
BOOT Boot Barn Holdings Inc. 1.89% 196,825 $29.9M Reduce -35.3%
HQY Healthequity Inc. 1.85% 305,883 $29.3M Add +17.3%
WSC Willscot Holdings Corp. 1.82% 863,858 $28.9M Reduce -2.1%
CHE Chemed Corp. 1.78% 53,303 $28.2M Reduce -1.9%
SKY Champion Homes Inc. 1.75% 314,867 $27.7M Reduce -1.9%
IIIV I3 Verticals Inc. Class A 1.68% 1,153,935 $26.6M Reduce -1.7%
SFM Sprouts Farmers Market Inc. 1.58% 197,125 $25.0M Reduce -18.1%
MGY Magnolia Oil & Gas Corp. Class A 1.52% 1,031,099 $24.1M Reduce -1.9%
MEDP Medpace Holdings Inc. 1.52% 72,476 $24.1M Reduce -2.1%
PDFS PDF Solutions Inc. 1.52% 886,813 $24.0M Reduce -9.9%
MSA Msa Safety Inc. 1.50% 143,270 $23.7M Reduce -2.1%
OII Oceaneering Intl Inc. 1.49% 906,473 $23.6M Add +29.1%
RPAY Repay Holdings Corp. 1.37% 2,846,895 $21.7M Reduce -2.0%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 1.31% 487,880 $20.7M Reduce -1.9%
JJSF J & J Snack Foods Corp. 1.31% 133,570 $20.7M Reduce -2.1%
SAIA Saia Inc. 1.29% 44,982 $20.5M Add +41.4%
CADE Cadence Bank 1.27% 581,749 $20.0M Reduce -1.8%
SLP Simulations Plus Inc. 1.24% 702,300 $19.6M Reduce -22.1%
NCNO Ncino Inc. 1.24% 583,017 $19.6M New
KWR Quaker Chemical Corporation 1.21% 135,595 $19.1M Reduce -2.1%
LAZ Lazard Inc. 1.16% 356,875 $18.4M New
SSD Simpson Manufacturing Co. Inc. 1.05% 100,306 $16.6M Add +57.5%
MMSI Merit Medical Systems Inc. 1.02% 166,715 $16.1M New
ELF Elf Beauty Inc. 0.92% 116,601 $14.6M Reduce -2.1%
AZEK The Azek Co. Inc. 0.89% 295,685 $14.0M Reduce -32.0%
ULS Ul Solutions Inc. Class A 0.88% 278,940 $13.9M New
CNMD Conmed Corp. 0.87% 200,342 $13.7M Reduce -1.9%
IRMD Iradimed Corp. 0.85% 244,733 $13.5M Reduce -2.2%
STVN Stevanato Group SPA 0.82% 593,860 $12.9M New
DV Doubleverify Holdings Inc. 0.77% 638,764 $12.3M Reduce -1.8%
UFPT Ufp Technologies Inc. 0.69% 44,627 $10.9M Reduce -2.1%
BLD Topbuild Corp. 0.65% 33,045 $10.3M Reduce -1.9%
KRUS Kura Sushi USA Inc. Class A 0.63% 109,631 $9.9M Add +5.8%
LGND Ligand Pharmaceuticals 0.56% 82,205 $8.8M Reduce -2.1%
BLFS Biolife Solutions Inc. 0.55% 337,610 $8.8M Reduce -2.2%
NVEC Nve Corp. 0.53% 104,025 $8.5M Reduce -2.1%
VITL Vital Farms Inc. 0.52% 220,400 $8.3M Reduce -2.1%
MITK Mitek Systems Inc. 0.52% 741,913 $8.3M Reduce -2.1%
BFST Business First Bancshares 0.52% 320,745 $8.2M Reduce -14.5%
MCB Metropolitan Bank Holding Co. 0.52% 140,465 $8.2M Add +8.7%
QNST Quinstreet Inc. 0.42% 285,705 $6.6M Add +107.0%
INFU Infusystem Holdings Inc. 0.40% 754,040 $6.4M Reduce -2.1%
WING Wingstop Inc. 0.39% 21,830 $6.2M New
COCO The Vita Coco Co. Inc. 0.37% 158,485 $5.8M Reduce -2.1%
EPM Evolution Petroleum Corp. 0.35% 1,069,565 $5.6M Reduce -2.1%
PWP Perella Weinberg Partners 0.35% 230,125 $5.5M New
UTMD Utah Medical Products Inc. 0.33% 84,699 $5.2M Reduce -2.1%
PNTG The Pennant Group Inc. 0.33% 195,210 $5.2M Add +147.3%
KRT Karat Packaging Inc. 0.30% 156,210 $4.7M Reduce -1.0%
WTTR Select Water Solutions Inc. 0.29% 350,305 $4.6M New
PLOW Douglas Dynamics Inc. 0.26% 176,585 $4.2M New
NCMI National Cinemedia Inc. 0.26% 611,160 $4.1M New
GRBK Green Brick Partners Inc. 0.19% 54,360 $3.1M Reduce -2.1%
FWONA Liberty Media Corp. Class A 0.00% 134 $11K Reduce -29.5%
CDNS Cadence Design SYS Inc. 0.00% 34 $10K Reduce -29.2%
GPN Global Payments Inc. 0.00% 90 $10K Reduce -29.7%
CFR Cullen/Frost Bankers Inc. 0.00% 73 $10K Reduce -29.8%
CHD Church & Dwight Co. Inc. 0.00% 90 $9K Reduce -29.1%
TYL Tyler Technologies Inc. 0.00% 15 $9K Reduce -28.6%
WST West Pharmaceutical Services 0.00% 24 $8K Reduce -29.4%
BOKF Bok Financial Corporation 0.00% 66 $7K Reduce -29.0%
OC Owens Corning 0.00% 41 $7K Reduce -29.3%
TTWO Take-Two Interactive Softwre 0.00% 36 $7K Reduce -29.4%
TSCO Tractor Supply Company 0.00% 120 $6K Reduce -29.4%
ICLR Icon PLC 0.00% 29 $6K Reduce -29.3%
FANG Diamondback Energy Inc. 0.00% 37 $6K Reduce -48.6%
VEEV Veeva Systems Inc. Class A 0.00% 25 $5K Reduce -30.6%
TREX Trex Company Inc. 0.00% 49 $3K Reduce -30.0%
MKTX Marketaxess Holdings Inc. 0.00% 12 $3K Reduce -29.4%
BRKR Bruker Corp. 0.00% 40 $2K Reduce -29.8%

Portfolio Sells Q3 2024 → Q4 2024
WNS WNS Holdings Ltd. Sold out 0.00% −2.05
OPCH Option Care Health Inc. Sold out 0.00% −1.98
BOOT Boot Barn Holdings Inc. Reduce -35.3% 1.89% −1.38
ARHS Arhaus Inc. Sold out 0.00% −1.08
PR Permian Resources Corp. Class A Reduce -33.8% 2.19% −0.99
CRMT America's Car-Mart Inc. Sold out 0.00% −0.63
SLP Simulations Plus Inc. Reduce -22.1% 1.24% −0.62
PDFS PDF Solutions Inc. Reduce -9.9% 1.52% −0.48
AZEK The Azek Co. Inc. Reduce -32.0% 0.89% −0.42
GWRE Guidewire Software Inc. Reduce -1.9% 2.79% −0.35
CHE Chemed Corp. Reduce -1.9% 1.78% −0.31
WSC Willscot Holdings Corp. Reduce -2.1% 1.82% −0.31
KWR Quaker Chemical Corporation Reduce -2.1% 1.21% −0.29
SRI Stoneridge Inc. Sold out 0.00% −0.27
LMAT Lemaitre Vascular Inc. Reduce -4.0% 3.83% −0.26
SHOO Steven Madden Ltd. Reduce -1.9% 1.31% −0.25
ANIP Ani Pharmaceuticals Inc. Reduce -2.0% 2.02% −0.24
UFPT Ufp Technologies Inc. Reduce -2.1% 0.69% −0.24
BLD Topbuild Corp. Reduce -1.9% 0.65% −0.23
SKY Champion Homes Inc. Reduce -1.9% 1.75% −0.20
JJSF J & J Snack Foods Corp. Reduce -2.1% 1.31% −0.20
MSA Msa Safety Inc. Reduce -2.1% 1.50% −0.17
RPAY Repay Holdings Corp. Reduce -2.0% 1.37% −0.15
RGEN Repligen Corp. Reduce -1.9% 2.05% −0.15
MGY Magnolia Oil & Gas Corp. Class A Reduce -1.9% 1.52% −0.12
SFM Sprouts Farmers Market Inc. Reduce -18.1% 1.58% −0.12
ASLE Aersale Corp. Sold out 0.00% −0.12
FSS Federal Signal Corp. Reduce -2.1% 2.09% −0.11
GRBK Green Brick Partners Inc. Reduce -2.1% 0.19% −0.10
BFST Business First Bancshares Reduce -14.5% 0.52% −0.10
CNMD Conmed Corp. Reduce -1.9% 0.87% −0.08
MEDP Medpace Holdings Inc. Reduce -2.1% 1.52% −0.07
TXRH Texas Roadhouse Inc. Reduce -1.9% 3.48% −0.05
UTMD Utah Medical Products Inc. Reduce -2.1% 0.33% −0.04
MLAB Mesa Laboratories Inc. Reduce -1.9% 1.94% −0.04
EPM Evolution Petroleum Corp. Reduce -2.1% 0.35% −0.02
NVEC Nve Corp. Reduce -2.1% 0.53% −0.01
BLFS Biolife Solutions Inc. Reduce -2.2% 0.55% −0.00
FANG Diamondback Energy Inc. Reduce -48.6% 0.00% −0.00
ICLR Icon PLC Reduce -29.3% 0.00% −0.00
CHD Church & Dwight Co. Inc. Reduce -29.1% 0.00% −0.00
FND Floor & Decor Holdings Inc. Class A Sold out 0.00% −0.00
BOKF Bok Financial Corporation Reduce -29.0% 0.00% −0.00
CDNS Cadence Design SYS Inc. Reduce -29.2% 0.00% −0.00
CRL Charles River Laboratories Sold out 0.00% −0.00
GPN Global Payments Inc. Reduce -29.7% 0.00% −0.00
FWONA Liberty Media Corp. Class A Reduce -29.5% 0.00% −0.00
OC Owens Corning Reduce -29.3% 0.00% −0.00
QLYS Qualys Inc. Sold out 0.00% −0.00
TSCO Tractor Supply Company Reduce -29.4% 0.00% −0.00

Portfolio Buys Q3 2024 → Q4 2024
NCNO Ncino Inc. New 1.24% +1.24
LAZ Lazard Inc. New 1.16% +1.16
MMSI Merit Medical Systems Inc. New 1.02% +1.02
ULS Ul Solutions Inc. Class A New 0.88% +0.88
STVN Stevanato Group SPA New 0.82% +0.82
PCTY Paylocity Holding Corp. Add +35.1% 1.95% +0.74
AAON Aaon Inc. Add +18.2% 2.64% +0.56
HQY Healthequity Inc. Add +17.3% 1.85% +0.48
SAIA Saia Inc. Add +41.4% 1.29% +0.40
WING Wingstop Inc. New 0.39% +0.39
OII Oceaneering Intl Inc. Add +29.1% 1.49% +0.37
PWP Perella Weinberg Partners New 0.35% +0.35
WTTR Select Water Solutions Inc. New 0.29% +0.29
SSD Simpson Manufacturing Co. Inc. Add +57.5% 1.05% +0.27
PLOW Douglas Dynamics Inc. New 0.26% +0.26
NCMI National Cinemedia Inc. New 0.26% +0.26
QNST Quinstreet Inc. Add +107.0% 0.42% +0.25
PNTG The Pennant Group Inc. Add +147.3% 0.33% +0.15
KRUS Kura Sushi USA Inc. Class A Add +5.8% 0.63% +0.09
MCB Metropolitan Bank Holding Co. Add +8.7% 0.52% +0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$1.6BLGND, PDFS, SEI, ULS, STRL
Q1 2026 79$1.4BLGND, PEGA, PDFS, ULS, SEI
Q4 2025 79$1.5BPEGA, LGND, ADMA, AGX, EE
Q3 2025 76$1.4BPEGA, LGND, EE, AAON, ADMA
Q2 2025 72$1.4BPEGA, TXRH, EE, ADMA, LMAT
Q1 2025 75$1.4BTXRH, EE, PEGA, LMAT, OSW
Q4 2024 89$1.6BPEGA, LMAT, TXRH, WK, OSW
Q3 2024 88$1.6BLMAT, PEGA, TXRH, BOOT, PR
Q2 2024 94$1.5BLMAT, PR, TXRH, MEDP, SLP
Q1 2024 93$1.6BPR, LMAT, MEDP, TXRH, BOOT