RANGER INVESTMENT MANAGEMENT, L.P.

PrivateCIK: 1319691

Location

DALLAS, TX

Positions

$1.58B

Total AUM (reported)

27.88M

Total Shares

Allocation by class

COM$1.58B100.0%

Portfolio Concentration

Top 3$209.77M13.3%

4–10$266.89M16.9%

11–25$410.23M26.0%

Rest$693.86M43.9%

Top 3 weight

13.3%

Top 10 weight

30.2%

Voting Authority Distribution

Total shares with voting rights: 27.88M

Sole

Full voting authority

24.05M

% of voting shares86.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.83M

% of voting shares13.7%

Investment Discretion (by position count)

Sole83

Shared0

Other0

Dominant voting typeSole · 86.3% of voting shares

Institutional Holdings83

Rows:

Ligand Pharmaceutical

SOLE

COM

Shares257.60K

TypeSH

Market value$81.42M

5.15%

Sole

222.80K

Shared

0.00

None

34.80K

PDF Solutions Inc.

SOLE

COM

Shares1.15M

TypeSH

Market value$81.38M

5.15%

Sole

983.75K

Shared

0.00

None

165.90K

Solaris Energy Infrastructure,

SOLE

COM

Shares583.73K

TypeSH

Market value$46.97M

2.97%

Sole

509.32K

Shared

0.00

None

74.42K

UL Solutions Inc.

SOLE

COM

Shares418.20K

TypeSH

Market value$42.60M

2.69%

Sole

418.20K

Shared

0.00

None

0.00

Sterling Infrastructure, Inc.

SOLE

COM

Shares47.19K

TypeSH

Market value$39.61M

2.51%

Sole

47.19K

Shared

0.00

None

0.00

Argan, Inc.

SOLE

COM

Shares47.89K

TypeSH

Market value$38.24M

2.42%

Sole

43.38K

Shared

0.00

None

4.51K

MACOM Technology Solutions Hld

SOLE

COM

Shares100.49K

TypeSH

Market value$38.22M

2.42%

Sole

100.49K

Shared

0.00

None

0.00

Triumph Financial, Inc.

SOLE

COM

Shares483.81K

TypeSH

Market value$36.92M

2.34%

Sole

437.96K

Shared

0.00

None

45.85K

SharkNinja, Inc.

SOLE

COM

Shares240.64K

TypeSH

Market value$36.64M

2.32%

Sole

240.64K

Shared

0.00

None

0.00

Excelerate Energy, Inc

SOLE

COM

Shares912.30K

TypeSH

Market value$34.66M

2.19%

Sole

816.75K

Shared

0.00

None

95.55K

Casella Waste Systems, Inc.

SOLE

COM

Shares330.46K

TypeSH

Market value$32.04M

2.03%

Sole

319.68K

Shared

0.00

None

10.79K

Simpson Manufacturing Co,Inc

SOLE

COM

Shares151.83K

TypeSH

Market value$31.79M

2.01%

Sole

144.97K

Shared

0.00

None

6.86K

Oceaneering International, Inc

SOLE

COM

Shares777.64K

TypeSH

Market value$31.51M

1.99%

Sole

745.38K

Shared

0.00

None

32.26K

Warby Parker Inc.

SOLE

COM

Shares1.02M

TypeSH

Market value$30.95M

1.96%

Sole

884.32K

Shared

0.00

None

135.75K

AAON, Inc.

SOLE

COM

Shares241K

TypeSH

Market value$30.57M

1.93%

Sole

241K

Shared

0.00

None

0.00

HealthEquity, Inc.

SOLE

COM

Shares319.25K

TypeSH

Market value$28.83M

1.82%

Sole

319.25K

Shared

0.00

None

0.00

ANI Pharmaceuticals, Inc.

SOLE

COM

Shares343.15K

TypeSH

Market value$28.41M

1.80%

Sole

292.69K

Shared

0.00

None

50.46K

Saia, Inc.

SOLE

COM

Shares64.67K

TypeSH

Market value$27.23M

1.72%

Sole

64.67K

Shared

0.00

None

0.00

Pegasystems Inc.

SOLE

COM

Shares873.14K

TypeSH

Market value$26.17M

1.66%

Sole

785.07K

Shared

0.00

None

88.07K

Ormat Technologies, Inc.

SOLE

COM

Shares224.10K

TypeSH

Market value$24.40M

1.54%

Sole

200.50K

Shared

0.00

None

23.60K

Chime Financial, Inc.

SOLE

COM

Shares1.19M

TypeSH

Market value$24.34M

1.54%

Sole

1.14M

Shared

0.00

None

53.17K

WillScot Holdings Corp

SOLE

COM

Shares834.43K

TypeSH

Market value$24.08M

1.52%

Sole

834.43K

Shared

0.00

None

0.00

Rambus Inc.

SOLE

COM

Shares176.69K

TypeSH

Market value$23.45M

1.48%

Sole

169.66K

Shared

0.00

None

7.03K

WaterBridge Infrastructure LLC

SOLE

COM

Shares682.26K

TypeSH

Market value$23.38M

1.48%

Sole

622.87K

Shared

0.00

None

59.40K

Federal Signal

SOLE

COM

Shares179.43K

TypeSH

Market value$23.05M

1.46%

Sole

179.43K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Ligand PharmaceuticalSOLE	COM	257.60K	SH	$81.42M 5.15%	222.80K	34.80K
PDF Solutions Inc.SOLE	COM	1.15M	SH	$81.38M 5.15%	983.75K	165.90K
Solaris Energy Infrastructure,SOLE	COM	583.73K	SH	$46.97M 2.97%	509.32K	74.42K
UL Solutions Inc.SOLE	COM	418.20K	SH	$42.60M 2.69%	418.20K	0.00
Sterling Infrastructure, Inc.SOLE	COM	47.19K	SH	$39.61M 2.51%	47.19K	0.00
Argan, Inc.SOLE	COM	47.89K	SH	$38.24M 2.42%	43.38K	4.51K
MACOM Technology Solutions HldSOLE	COM	100.49K	SH	$38.22M 2.42%	100.49K	0.00
Triumph Financial, Inc.SOLE	COM	483.81K	SH	$36.92M 2.34%	437.96K	45.85K
SharkNinja, Inc.SOLE	COM	240.64K	SH	$36.64M 2.32%	240.64K	0.00
Excelerate Energy, IncSOLE	COM	912.30K	SH	$34.66M 2.19%	816.75K	95.55K
Casella Waste Systems, Inc.SOLE	COM	330.46K	SH	$32.04M 2.03%	319.68K	10.79K
Simpson Manufacturing Co,IncSOLE	COM	151.83K	SH	$31.79M 2.01%	144.97K	6.86K
Oceaneering International, IncSOLE	COM	777.64K	SH	$31.51M 1.99%	745.38K	32.26K
Warby Parker Inc.SOLE	COM	1.02M	SH	$30.95M 1.96%	884.32K	135.75K
AAON, Inc.SOLE	COM	241K	SH	$30.57M 1.93%	241K	0.00
HealthEquity, Inc.SOLE	COM	319.25K	SH	$28.83M 1.82%	319.25K	0.00
ANI Pharmaceuticals, Inc.SOLE	COM	343.15K	SH	$28.41M 1.80%	292.69K	50.46K
Saia, Inc.SOLE	COM	64.67K	SH	$27.23M 1.72%	64.67K	0.00
Pegasystems Inc.SOLE	COM	873.14K	SH	$26.17M 1.66%	785.07K	88.07K
Ormat Technologies, Inc.SOLE	COM	224.10K	SH	$24.40M 1.54%	200.50K	23.60K
Chime Financial, Inc.SOLE	COM	1.19M	SH	$24.34M 1.54%	1.14M	53.17K
WillScot Holdings CorpSOLE	COM	834.43K	SH	$24.08M 1.52%	834.43K	0.00
Rambus Inc.SOLE	COM	176.69K	SH	$23.45M 1.48%	169.66K	7.03K
WaterBridge Infrastructure LLCSOLE	COM	682.26K	SH	$23.38M 1.48%	622.87K	59.40K
Federal SignalSOLE	COM	179.43K	SH	$23.05M 1.46%	179.43K	0.00

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