Ranger Investment Management, L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Ranger Investment Management, L.P. reported 79 stock positions worth $1.5 billion. Its top holding was Pegasystems (PEGA) at 3.7% of the portfolio, followed by Ligand Pharmaceuticals (LGND, 3.5%) and Adma Biologics (ADMA, 2.9%). Compared with Q3 2025, it opened 9 new positions, sold out of 6, added to 11 and reduced 59. The biggest buy was a new position in Sharkninja (SN) and the biggest sale Boot Barn (BOOT, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001319691
- Portfolio Value
- $1.5B (Q4 2025)
- SEC Filing
- 0001319691-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 79 stocks · $1.5B
| PEGA Pegasystems Inc. | 3.73% | 910,976 | $54.4M | Reduce -6.6% |
| LGND Ligand Pharmaceuticals | 3.50% | 269,983 | $51.0M | Reduce -1.9% |
| ADMA Adma Biologics Inc. | 2.88% | 2,300,905 | $42.0M | Reduce -1.7% |
| AGX Argan Inc. | 2.51% | 116,881 | $36.6M | Add +12.3% |
| EE Excelerate Energy Inc. Class A | 2.35% | 1,220,606 | $34.2M | Reduce -24.4% |
| CWST Casella Waste Systems Inc. Class A | 2.31% | 344,234 | $33.7M | Reduce -0.5% |
| PDFS PDF Solutions Inc. | 2.29% | 1,170,014 | $33.4M | Add +10.7% |
| ULS Ul Solutions Inc. Class A | 2.23% | 411,834 | $32.5M | Reduce -0.3% |
| AAON Aaon Inc. | 2.20% | 420,336 | $32.1M | Reduce -0.3% |
| LMAT Lemaitre Vascular Inc. | 2.10% | 377,032 | $30.6M | Reduce -2.3% |
| NCNO Ncino Inc. | 1.99% | 1,132,864 | $29.0M | Reduce -2.1% |
| SEI Solaris Energy Infrastructur | 1.97% | 623,213 | $28.6M | Add +46.3% |
| ANIP Ani Pharmaceuticals Inc. | 1.96% | 362,378 | $28.6M | Add +33.5% |
| TXRH Texas Roadhouse Inc. | 1.95% | 171,427 | $28.5M | Reduce -0.5% |
| LAZ Lazard Inc. | 1.94% | 582,002 | $28.3M | Reduce -0.5% |
| MEDP Medpace Holdings Inc. | 1.88% | 48,717 | $27.4M | Reduce -0.3% |
| RGEN Repligen Corp. | 1.83% | 162,450 | $26.6M | Reduce -0.3% |
| APPF Appfolio Inc. Class A | 1.82% | 114,290 | $26.6M | Reduce -0.3% |
| BLD Topbuild Corp. | 1.82% | 63,731 | $26.6M | Reduce -0.5% |
| WK Workiva Inc. | 1.82% | 306,856 | $26.5M | Reduce -1.7% |
| SAIA Saia Inc. | 1.81% | 80,828 | $26.4M | Reduce -0.3% |
| PCTY Paylocity Holding Corp. | 1.81% | 173,015 | $26.4M | Reduce -0.3% |
| STVN Stevanato Group SPA | 1.76% | 1,278,186 | $25.7M | Reduce -0.3% |
| MTSI Macom Technology Solutions H | 1.76% | 149,496 | $25.6M | Add +26.9% |
| JLL Jones Lang Lasalle Inc. | 1.75% | 75,676 | $25.5M | Reduce -0.4% |
| SSD Simpson Manufacturing Co. Inc. | 1.73% | 156,106 | $25.2M | Add +38.5% |
| HQY Healthequity Inc. | 1.72% | 273,288 | $25.0M | Reduce -0.3% |
| GWRE Guidewire Software Inc. | 1.65% | 119,596 | $24.0M | Reduce -0.3% |
| SN Sharkninja Inc. | 1.65% | 214,342 | $24.0M | New |
| IIIV I3 Verticals Inc. Class A | 1.61% | 930,558 | $23.4M | Reduce -2.7% |
| CELH Celsius Holdings Inc. | 1.57% | 501,230 | $22.9M | Add +38.7% |
| TFIN Triumph Financial Inc. | 1.51% | 352,380 | $22.1M | Reduce -2.0% |
| WRBY Warby Parker Inc. Class A | 1.45% | 971,879 | $21.2M | Reduce -1.9% |
| OSW Onespaworld Holdings Ltd. | 1.44% | 1,012,656 | $21.0M | Reduce -22.0% |
| FSS Federal Signal Corp. | 1.44% | 193,209 | $21.0M | Reduce -0.5% |
| PR Permian Resources Corp. Class A | 1.36% | 1,412,729 | $19.8M | Reduce -0.3% |
| WING Wingstop Inc. | 1.35% | 82,484 | $19.7M | Reduce -0.3% |
| KRMN Karman Holdings Inc. | 1.32% | 263,754 | $19.3M | Reduce -0.5% |
| OII Oceaneering Intl Inc. | 1.32% | 802,635 | $19.3M | Add +34.7% |
| VITL Vital Farms Inc. | 1.28% | 583,240 | $18.6M | Add +145.4% |
| MMSI Merit Medical Systems Inc. | 1.23% | 203,605 | $17.9M | Reduce -0.3% |
| CCB Coastal Financial Corp. | 1.20% | 152,039 | $17.4M | Reduce -2.6% |
| CHE Chemed Corp. | 1.17% | 39,811 | $17.0M | Reduce -0.5% |
| SKY Champion Homes Inc. | 1.16% | 200,047 | $16.9M | Reduce -0.3% |
| MLAB Mesa Laboratories Inc. | 1.11% | 205,263 | $16.1M | Reduce -2.1% |
| BOOT Boot Barn Holdings Inc. | 1.02% | 84,545 | $14.9M | Reduce -54.1% |
| CHYM Chime Financial Inc. Class A | 1.02% | 591,255 | $14.9M | New |
| BIRK Birkenstock Holding PLC | 0.89% | 318,678 | $13.0M | Reduce -0.5% |
| PL Planet Labs PBC | 0.87% | 640,069 | $12.6M | Add +209.1% |
| OZK Bank Ozk | 0.86% | 273,692 | $12.6M | Reduce -0.3% |
| WBI Waterbridge Infrastruc Class A | 0.79% | 579,016 | $11.6M | Add +53.2% |
| LTH Life Time Group Holdings Inc. | 0.78% | 429,813 | $11.4M | Reduce -0.5% |
| IRMD Iradimed Corp. | 0.74% | 111,470 | $10.8M | Reduce -6.8% |
| PAHC Phibro Animal Health Corp. Class A | 0.72% | 279,425 | $10.4M | Reduce -6.8% |
| WSC Willscot Holdings Corp. | 0.63% | 489,688 | $9.2M | Reduce -37.3% |
| RMBS Rambus Inc. | 0.60% | 95,490 | $8.8M | New |
| PLOW Douglas Dynamics Inc. | 0.59% | 261,495 | $8.5M | Reduce -6.8% |
| BFST Business First Bancshares | 0.58% | 322,375 | $8.4M | Reduce -6.8% |
| PNTG The Pennant Group Inc. | 0.55% | 286,315 | $8.1M | Reduce -6.8% |
| MCB Metropolitan Bank Holding Co. | 0.55% | 105,195 | $8.0M | Reduce -30.6% |
| UFPT Ufp Technologies Inc. | 0.55% | 36,055 | $8.0M | Reduce -6.8% |
| COCO The Vita Coco Co. Inc. | 0.52% | 142,745 | $7.6M | Reduce -6.8% |
| NVEC Nve Corp. | 0.49% | 120,580 | $7.2M | Reduce -6.8% |
| GRBK Green Brick Partners Inc. | 0.47% | 109,099 | $6.8M | Reduce -6.8% |
| KRT Karat Packaging Inc. | 0.47% | 300,699 | $6.8M | Reduce -6.8% |
| BLFS Biolife Solutions Inc. | 0.45% | 270,290 | $6.5M | Reduce -6.8% |
| PWP Perella Weinberg Partners | 0.44% | 369,170 | $6.4M | Reduce -6.7% |
| GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC | 0.42% | 162,921 | $6.1M | New |
| GRDN Guardian Phrmcy Services-A | 0.35% | 167,665 | $5.0M | New |
| TTI Tetra Technologies Inc. | 0.33% | 518,690 | $4.9M | New |
| ODD Oddity Tech Ltd. Class A | 0.32% | 114,545 | $4.6M | New |
| WTTR Select Water Solutions Inc. | 0.31% | 423,260 | $4.5M | Reduce -6.8% |
| KRUS Kura Sushi USA Inc. Class A | 0.31% | 85,060 | $4.5M | Reduce -45.2% |
| CVLG Covenant Logistics Group Inc. | 0.26% | 173,310 | $3.8M | Reduce -6.8% |
| LMB Limbach Holdings Inc. | 0.23% | 43,612 | $3.4M | Reduce -6.8% |
| QNST Quinstreet Inc. | 0.18% | 186,330 | $2.7M | Reduce -48.6% |
| FWRG First Watch Restaurant Group | 0.18% | 176,250 | $2.7M | New |
| MGRC McGrath Rentcorp | 0.17% | 23,590 | $2.5M | Reduce -6.8% |
| WULF Terawulf Inc. | 0.14% | 182,000 | $2.1M | New |
Portfolio Sells Q3 2025 → Q4 2025
| BOOT Boot Barn Holdings Inc. | Reduce -54.1% | 1.02% | −1.11 |
| CADE Cadence Bank | Sold out | 0.00% | −0.94 |
| MSA Msa Safety Inc. | Sold out | 0.00% | −0.90 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.76 |
| IIIV I3 Verticals Inc. Class A | Reduce -2.7% | 1.61% | −0.56 |
| AAON Aaon Inc. | Reduce -0.3% | 2.20% | −0.55 |
| STVN Stevanato Group SPA | Reduce -0.3% | 1.76% | −0.54 |
| WSC Willscot Holdings Corp. | Reduce -37.3% | 0.63% | −0.52 |
| EE Excelerate Energy Inc. Class A | Reduce -24.4% | 2.35% | −0.49 |
| OSW Onespaworld Holdings Ltd. | Reduce -22.0% | 1.44% | −0.47 |
| WRBY Warby Parker Inc. Class A | Reduce -1.9% | 1.45% | −0.45 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.39 |
| APPF Appfolio Inc. Class A | Reduce -0.3% | 1.82% | −0.38 |
| KRUS Kura Sushi USA Inc. Class A | Reduce -45.2% | 0.31% | −0.34 |
| EPM Evolution Petroleum Corp. | Sold out | 0.00% | −0.32 |
| ARIS WATER SOLUTIONS INC-A | Sold out | 0.00% | −0.29 |
| GWRE Guidewire Software Inc. | Reduce -0.3% | 1.65% | −0.27 |
| LMAT Lemaitre Vascular Inc. | Reduce -2.3% | 2.10% | −0.26 |
| MCB Metropolitan Bank Holding Co. | Reduce -30.6% | 0.55% | −0.24 |
| LAZ Lazard Inc. | Reduce -0.5% | 1.94% | −0.21 |
| QNST Quinstreet Inc. | Reduce -48.6% | 0.18% | −0.21 |
| NCNO Ncino Inc. | Reduce -2.1% | 1.99% | −0.20 |
| PEGA Pegasystems Inc. | Reduce -6.6% | 3.73% | −0.18 |
| FSS Federal Signal Corp. | Reduce -0.5% | 1.44% | −0.17 |
| PWP Perella Weinberg Partners | Reduce -6.7% | 0.44% | −0.15 |
| GRBK Green Brick Partners Inc. | Reduce -6.8% | 0.47% | −0.13 |
| PAHC Phibro Animal Health Corp. Class A | Reduce -6.8% | 0.72% | −0.13 |
| PCTY Paylocity Holding Corp. | Reduce -0.3% | 1.81% | −0.12 |
| BIRK Birkenstock Holding PLC | Reduce -0.5% | 0.89% | −0.12 |
| OZK Bank Ozk | Reduce -0.3% | 0.86% | −0.11 |
| WING Wingstop Inc. | Reduce -0.3% | 1.35% | −0.10 |
| KRT Karat Packaging Inc. | Reduce -6.8% | 0.47% | −0.10 |
| NVEC Nve Corp. | Reduce -6.8% | 0.49% | −0.10 |
| HQY Healthequity Inc. | Reduce -0.3% | 1.72% | −0.09 |
| LMB Limbach Holdings Inc. | Reduce -6.8% | 0.23% | −0.08 |
| CHE Chemed Corp. | Reduce -0.5% | 1.17% | −0.08 |
| BLFS Biolife Solutions Inc. | Reduce -6.8% | 0.45% | −0.07 |
| WK Workiva Inc. | Reduce -1.7% | 1.82% | −0.06 |
| LTH Life Time Group Holdings Inc. | Reduce -0.5% | 0.78% | −0.05 |
| TXRH Texas Roadhouse Inc. | Reduce -0.5% | 1.95% | −0.04 |
| MGRC McGrath Rentcorp | Reduce -6.8% | 0.17% | −0.04 |
| WTTR Select Water Solutions Inc. | Reduce -6.8% | 0.31% | −0.03 |
| PLOW Douglas Dynamics Inc. | Reduce -6.8% | 0.59% | −0.03 |
| CVLG Covenant Logistics Group Inc. | Reduce -6.8% | 0.26% | −0.02 |
| KRMN Karman Holdings Inc. | Reduce -0.5% | 1.32% | −0.01 |
| BFST Business First Bancshares | Reduce -6.8% | 0.58% | +0.01 |
| UFPT Ufp Technologies Inc. | Reduce -6.8% | 0.55% | +0.01 |
| PNTG The Pennant Group Inc. | Reduce -6.8% | 0.55% | +0.01 |
| CCB Coastal Financial Corp. | Reduce -2.6% | 1.20% | +0.02 |
| CWST Casella Waste Systems Inc. Class A | Reduce -0.5% | 2.31% | +0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| SN Sharkninja Inc. | New | 1.65% | +1.65 |
| CHYM Chime Financial Inc. Class A | New | 1.02% | +1.02 |
| SEI Solaris Energy Infrastructur | Add +46.3% | 1.97% | +0.78 |
| MTSI Macom Technology Solutions H | Add +26.9% | 1.76% | +0.73 |
| PL Planet Labs PBC | Add +209.1% | 0.87% | +0.68 |
| RMBS Rambus Inc. | New | 0.60% | +0.60 |
| VITL Vital Farms Inc. | Add +145.4% | 1.28% | +0.60 |
| AGX Argan Inc. | Add +12.3% | 2.51% | +0.55 |
| GLIBK Liberty Capital Corp. Class C | New | 0.42% | +0.42 |
| SSD Simpson Manufacturing Co. Inc. | Add +38.5% | 1.73% | +0.41 |
| PDFS PDF Solutions Inc. | Add +10.7% | 2.29% | +0.39 |
| GRDN Guardian Phrmcy Services-A | New | 0.35% | +0.35 |
| TTI Tetra Technologies Inc. | New | 0.33% | +0.33 |
| ODD Oddity Tech Ltd. Class A | New | 0.32% | +0.32 |
| OII Oceaneering Intl Inc. | Add +34.7% | 1.32% | +0.29 |
| ANIP Ani Pharmaceuticals Inc. | Add +33.5% | 1.96% | +0.23 |
| FWRG First Watch Restaurant Group | New | 0.18% | +0.18 |
| WULF Terawulf Inc. | New | 0.14% | +0.14 |
| WBI Waterbridge Infrastruc Class A | Add +53.2% | 0.79% | +0.13 |
| CELH Celsius Holdings Inc. | Add +38.7% | 1.57% | +0.12 |
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 |