Ranger Investment Management, L.P.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Ranger Investment Management, L.P. reported 75 stock positions worth $1.4 billion. Its top holding was Texas Roadhouse (TXRH) at 3.6% of the portfolio, followed by Excelerate Energy Class A (EE, 3.5%) and Pegasystems (PEGA, 3.2%). Compared with Q4 2024, it opened 5 new positions, sold out of 19, added to 10 and reduced 60. The biggest buy was a new position in Adma Biologics (ADMA) and the biggest sale Workiva (WK, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001319691
- Portfolio Value
- $1.4B (Q1 2025)
- SEC Filing
- 0001319691-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 75 stocks · $1.4B
| TXRH Texas Roadhouse Inc. | 3.58% | 300,855 | $50.1M | Reduce -1.5% |
| EE Excelerate Energy Inc. Class A | 3.49% | 1,703,000 | $48.8M | Reduce -1.3% |
| PEGA Pegasystems Inc. | 3.17% | 637,605 | $44.3M | Reduce -8.7% |
| LMAT Lemaitre Vascular Inc. | 3.13% | 522,509 | $43.8M | Reduce -20.6% |
| OSW Onespaworld Holdings Ltd. | 3.03% | 2,525,138 | $42.4M | Reduce -5.7% |
| CWST Casella Waste Systems Inc. Class A | 3.00% | 376,372 | $42.0M | Reduce -1.5% |
| ARIS WATER SOLUTIONS INC-A | 2.95% | 1,288,281 | $41.3M | Reduce -28.5% |
| ANIP Ani Pharmaceuticals Inc. | 2.74% | 571,638 | $38.3M | Reduce -1.1% |
| HQY Healthequity Inc. | 2.61% | 413,671 | $36.6M | Add +35.2% |
| PCTY Paylocity Holding Corp. | 2.52% | 188,565 | $35.3M | Add +21.7% |
| PR Permian Resources Corp. Class A | 2.35% | 2,378,264 | $32.9M | Reduce -1.5% |
| CHE Chemed Corp. | 2.31% | 52,516 | $32.3M | Reduce -1.5% |
| ADMA Adma Biologics Inc. | 2.27% | 1,603,510 | $31.8M | New |
| AAON Aaon Inc. | 2.12% | 380,428 | $29.7M | Add +7.0% |
| SFM Sprouts Farmers Market Inc. | 2.12% | 194,211 | $29.6M | Reduce -1.5% |
| SKY Champion Homes Inc. | 2.10% | 310,263 | $29.4M | Reduce -1.5% |
| RGEN Repligen Corp. | 2.03% | 222,715 | $28.3M | Reduce -1.5% |
| IIIV I3 Verticals Inc. Class A | 2.01% | 1,142,695 | $28.2M | Reduce -1.0% |
| MLAB Mesa Laboratories Inc. | 1.96% | 230,988 | $27.4M | Reduce -1.1% |
| APPF Appfolio Inc. Class A | 1.88% | 119,878 | $26.4M | Reduce -1.5% |
| FSS Federal Signal Corp. | 1.85% | 352,800 | $25.9M | Reduce -1.5% |
| MGY Magnolia Oil & Gas Corp. Class A | 1.83% | 1,016,044 | $25.7M | Reduce -1.5% |
| HOMB Home Bancshares Inc. | 1.81% | 893,880 | $25.3M | Reduce -25.2% |
| GWRE Guidewire Software Inc. | 1.75% | 130,355 | $24.4M | Reduce -50.2% |
| WSC Willscot Holdings Corp. | 1.69% | 850,994 | $23.7M | Reduce -1.5% |
| AZEK The Azek Co. Inc. | 1.65% | 472,947 | $23.1M | Add +60.0% |
| MEDP Medpace Holdings Inc. | 1.55% | 71,412 | $21.8M | Reduce -1.5% |
| TFIN Triumph Financial Inc. | 1.55% | 375,869 | $21.7M | Reduce -1.2% |
| SAIA Saia Inc. | 1.54% | 61,855 | $21.6M | Add +37.5% |
| BOOT Boot Barn Holdings Inc. | 1.49% | 194,405 | $20.9M | Reduce -1.2% |
| LGND Ligand Pharmaceuticals | 1.43% | 190,090 | $20.0M | Add +131.2% |
| OII Oceaneering Intl Inc. | 1.39% | 893,112 | $19.5M | Reduce -1.5% |
| SSD Simpson Manufacturing Co. Inc. | 1.38% | 122,515 | $19.2M | Add +22.1% |
| WK Workiva Inc. | 1.28% | 235,545 | $17.9M | Reduce -52.9% |
| MMSI Merit Medical Systems Inc. | 1.24% | 164,284 | $17.4M | Reduce -1.5% |
| JJSF J & J Snack Foods Corp. | 1.24% | 131,624 | $17.3M | Reduce -1.5% |
| NCNO Ncino Inc. | 1.24% | 629,300 | $17.3M | Add +7.9% |
| SLP Simulations Plus Inc. | 1.22% | 695,002 | $17.0M | Reduce -1.0% |
| PDFS PDF Solutions Inc. | 1.20% | 877,095 | $16.8M | Reduce -1.1% |
| KWR Quaker Chemical Corporation | 1.18% | 133,609 | $16.5M | Reduce -1.5% |
| RPAY Repay Holdings Corp. | 1.12% | 2,814,883 | $15.7M | Reduce -1.1% |
| ULS Ul Solutions Inc. Class A | 1.11% | 274,875 | $15.5M | Reduce -1.5% |
| LAZ Lazard Inc. | 1.09% | 352,235 | $15.3M | Reduce -1.3% |
| SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD | 0.92% | 480,784 | $12.8M | Reduce -1.4% |
| STVN Stevanato Group SPA | 0.85% | 585,613 | $12.0M | Reduce -1.4% |
| MSA Msa Safety Inc. | 0.85% | 81,355 | $11.9M | Reduce -43.2% |
| CADE Cadence Bank | 0.85% | 392,055 | $11.9M | Reduce -32.6% |
| OZK Bank Ozk | 0.81% | 261,955 | $11.4M | New |
| MNDY Monday.com Ltd. | 0.79% | 45,690 | $11.1M | New |
| IRMD Iradimed Corp. | 0.75% | 200,110 | $10.5M | Reduce -18.2% |
| BLD Topbuild Corp. | 0.71% | 32,557 | $9.9M | Reduce -1.5% |
| MCB Metropolitan Bank Holding Co. | 0.56% | 140,120 | $7.8M | Reduce -0.3% |
| BFST Business First Bancshares | 0.56% | 319,985 | $7.8M | Reduce -0.2% |
| BLFS Biolife Solutions Inc. | 0.55% | 336,840 | $7.7M | Reduce -0.2% |
| KRUS Kura Sushi USA Inc. Class A | 0.53% | 143,595 | $7.4M | Add +31.0% |
| ELF Elf Beauty Inc. | 0.52% | 114,861 | $7.2M | Reduce -1.5% |
| DV Doubleverify Holdings Inc. | 0.51% | 529,237 | $7.1M | Reduce -17.1% |
| VITL Vital Farms Inc. | 0.48% | 219,905 | $6.7M | Reduce -0.2% |
| NVEC Nve Corp. | 0.47% | 103,805 | $6.6M | Reduce -0.2% |
| COCO The Vita Coco Co. Inc. | 0.46% | 209,935 | $6.4M | Add +32.5% |
| UFPT Ufp Technologies Inc. | 0.45% | 31,390 | $6.3M | Reduce -29.7% |
| EPM Evolution Petroleum Corp. | 0.40% | 1,067,070 | $5.5M | Reduce -0.2% |
| QNST Quinstreet Inc. | 0.36% | 285,020 | $5.1M | Reduce -0.2% |
| PNTG The Pennant Group Inc. | 0.35% | 194,750 | $4.9M | Reduce -0.2% |
| LMB Limbach Holdings Inc. | 0.35% | 65,299 | $4.9M | New |
| WING Wingstop Inc. | 0.35% | 21,494 | $4.8M | Reduce -1.5% |
| PWP Perella Weinberg Partners | 0.30% | 228,280 | $4.2M | Reduce -0.8% |
| KRT Karat Packaging Inc. | 0.30% | 155,840 | $4.1M | Reduce -0.2% |
| PLOW Douglas Dynamics Inc. | 0.29% | 176,160 | $4.1M | Reduce -0.2% |
| PAHC Phibro Animal Health Corp. Class A | 0.27% | 177,995 | $3.8M | New |
| WTTR Select Water Solutions Inc. | 0.26% | 349,475 | $3.7M | Reduce -0.2% |
| NCMI National Cinemedia Inc. | 0.25% | 609,700 | $3.6M | Reduce -0.2% |
| MITK Mitek Systems Inc. | 0.25% | 416,341 | $3.4M | Reduce -43.9% |
| GRBK Green Brick Partners Inc. | 0.23% | 54,240 | $3.2M | Reduce -0.2% |
| INFU Infusystem Holdings Inc. | 0.21% | 545,246 | $2.9M | Reduce -27.7% |
Portfolio Sells Q4 2024 → Q1 2025
| WK Workiva Inc. | Reduce -52.9% | 1.28% | −2.18 |
| GWRE Guidewire Software Inc. | Reduce -50.2% | 1.75% | −1.04 |
| PEGA Pegasystems Inc. | Reduce -8.7% | 3.17% | −0.94 |
| CNMD Conmed Corp. | Sold out | 0.00% | −0.87 |
| LMAT Lemaitre Vascular Inc. | Reduce -20.6% | 3.13% | −0.70 |
| MSA Msa Safety Inc. | Reduce -43.2% | 0.85% | −0.65 |
| TFIN Triumph Financial Inc. | Reduce -1.2% | 1.55% | −0.63 |
| CADE Cadence Bank | Reduce -32.6% | 0.85% | −0.41 |
| ELF Elf Beauty Inc. | Reduce -1.5% | 0.52% | −0.41 |
| SHOO Steven Madden Ltd. | Reduce -1.4% | 0.92% | −0.39 |
| BOOT Boot Barn Holdings Inc. | Reduce -1.2% | 1.49% | −0.39 |
| OSW Onespaworld Holdings Ltd. | Reduce -5.7% | 3.03% | −0.34 |
| HOMB Home Bancshares Inc. | Reduce -25.2% | 1.81% | −0.33 |
| UTMD Utah Medical Products Inc. | Sold out | 0.00% | −0.33 |
| PDFS PDF Solutions Inc. | Reduce -1.1% | 1.20% | −0.32 |
| MITK Mitek Systems Inc. | Reduce -43.9% | 0.25% | −0.28 |
| DV Doubleverify Holdings Inc. | Reduce -17.1% | 0.51% | −0.27 |
| RPAY Repay Holdings Corp. | Reduce -1.1% | 1.12% | −0.25 |
| UFPT Ufp Technologies Inc. | Reduce -29.7% | 0.45% | −0.24 |
| FSS Federal Signal Corp. | Reduce -1.5% | 1.85% | −0.23 |
| INFU Infusystem Holdings Inc. | Reduce -27.7% | 0.21% | −0.19 |
| WSC Willscot Holdings Corp. | Reduce -1.5% | 1.69% | −0.13 |
| OII Oceaneering Intl Inc. | Reduce -1.5% | 1.39% | −0.10 |
| IRMD Iradimed Corp. | Reduce -18.2% | 0.75% | −0.10 |
| LAZ Lazard Inc. | Reduce -1.3% | 1.09% | −0.07 |
| JJSF J & J Snack Foods Corp. | Reduce -1.5% | 1.24% | −0.07 |
| NVEC Nve Corp. | Reduce -0.2% | 0.47% | −0.06 |
| QNST Quinstreet Inc. | Reduce -0.2% | 0.36% | −0.05 |
| PWP Perella Weinberg Partners | Reduce -0.8% | 0.30% | −0.05 |
| VITL Vital Farms Inc. | Reduce -0.2% | 0.48% | −0.05 |
| WING Wingstop Inc. | Reduce -1.5% | 0.35% | −0.05 |
| WTTR Select Water Solutions Inc. | Reduce -0.2% | 0.26% | −0.03 |
| RGEN Repligen Corp. | Reduce -1.5% | 2.03% | −0.03 |
| KWR Quaker Chemical Corporation | Reduce -1.5% | 1.18% | −0.02 |
| SLP Simulations Plus Inc. | Reduce -1.0% | 1.22% | −0.02 |
| APPF Appfolio Inc. Class A | Reduce -1.5% | 1.88% | −0.01 |
| BLFS Biolife Solutions Inc. | Reduce -0.2% | 0.55% | −0.00 |
| KRT Karat Packaging Inc. | Reduce -0.2% | 0.30% | −0.00 |
| NCMI National Cinemedia Inc. | Reduce -0.2% | 0.25% | −0.00 |
| FWONA Liberty Media Corp. Class A | Sold out | 0.00% | −0.00 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.00 |
| CHD Church & Dwight Co. Inc. | Sold out | 0.00% | −0.00 |
| CFR Cullen/Frost Bankers Inc. | Sold out | 0.00% | −0.00 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.00 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.00 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.00 |
| BOKF Bok Financial Corporation | Sold out | 0.00% | −0.00 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.00 |
| OC Owens Corning | Sold out | 0.00% | −0.00 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| ADMA Adma Biologics Inc. | New | 2.27% | +2.27 |
| LGND Ligand Pharmaceuticals | Add +131.2% | 1.43% | +0.87 |
| OZK Bank Ozk | New | 0.81% | +0.81 |
| MNDY Monday.com Ltd. | New | 0.79% | +0.79 |
| AZEK The Azek Co. Inc. | Add +60.0% | 1.65% | +0.77 |
| HQY Healthequity Inc. | Add +35.2% | 2.61% | +0.76 |
| PCTY Paylocity Holding Corp. | Add +21.7% | 2.52% | +0.57 |
| LMB Limbach Holdings Inc. | New | 0.35% | +0.35 |
| SSD Simpson Manufacturing Co. Inc. | Add +22.1% | 1.38% | +0.33 |
| PAHC Phibro Animal Health Corp. Class A | New | 0.27% | +0.27 |
| SAIA Saia Inc. | Add +37.5% | 1.54% | +0.25 |
| COCO The Vita Coco Co. Inc. | Add +32.5% | 0.46% | +0.09 |
| NCNO Ncino Inc. | Add +7.9% | 1.24% | −0.00 |
| KRUS Kura Sushi USA Inc. Class A | Add +31.0% | 0.53% | −0.10 |
| AAON Aaon Inc. | Add +7.0% | 2.12% | −0.52 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 83 | $1.6B | LGND, PDFS, SEI, ULS, STRL |
| Q1 2026 | 79 | $1.4B | LGND, PEGA, PDFS, ULS, SEI |
| Q4 2025 | 79 | $1.5B | PEGA, LGND, ADMA, AGX, EE |
| Q3 2025 | 76 | $1.4B | PEGA, LGND, EE, AAON, ADMA |
| Q2 2025 | 72 | $1.4B | PEGA, TXRH, EE, ADMA, LMAT |
| Q1 2025 | 75 | $1.4B | TXRH, EE, PEGA, LMAT, OSW |
| Q4 2024 | 89 | $1.6B | PEGA, LMAT, TXRH, WK, OSW |
| Q3 2024 | 88 | $1.6B | LMAT, PEGA, TXRH, BOOT, PR |
| Q2 2024 | 94 | $1.5B | LMAT, PR, TXRH, MEDP, SLP |
| Q1 2024 | 93 | $1.6B | PR, LMAT, MEDP, TXRH, BOOT |