RANGER INVESTMENT MANAGEMENT, L.P.

PrivateCIK: 1319691

Location

DALLAS, TX

Positions

$1.38B

Total AUM (reported)

28.24M

Total Shares

Allocation by class

COM$1.38B100.0%

Portfolio Concentration

Top 3$140.16M10.1%

4–10$224.24M16.2%

11–25$372.14M26.9%

Rest$645.58M46.7%

Top 3 weight

10.1%

Top 10 weight

26.4%

Voting Authority Distribution

Total shares with voting rights: 28.24M

Sole

Full voting authority

24.41M

% of voting shares86.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.83M

% of voting shares13.6%

Investment Discretion (by position count)

Sole79

Shared0

Other0

Dominant voting typeSole · 86.4% of voting shares

Institutional Holdings79

Rows:

Ligand Pharmaceutical

SOLE

COM

Shares267.94K

TypeSH

Market value$53.49M

3.87%

Sole

237.16K

Shared

0.00

None

30.79K

Pegasystems Inc.

SOLE

COM

Shares1.05M

TypeSH

Market value$44.81M

3.24%

Sole

978.13K

Shared

0.00

None

74.72K

PDF Solutions Inc.

SOLE

COM

Shares1.28M

TypeSH

Market value$41.86M

3.03%

Sole

1.09M

Shared

0.00

None

190.54K

UL Solutions Inc.

SOLE

COM

Shares446.93K

TypeSH

Market value$38.31M

2.77%

Sole

446.93K

Shared

0.00

None

0.00

Solaris Energy Infrastructure,

SOLE

COM

Shares607.81K

TypeSH

Market value$34.35M

2.49%

Sole

542.74K

Shared

0.00

None

65.07K

MACOM Technology Solutions Hld

SOLE

COM

Shares148.36K

TypeSH

Market value$32.95M

2.38%

Sole

148.36K

Shared

0.00

None

0.00

Triumph Financial, Inc.

SOLE

COM

Shares523.25K

TypeSH

Market value$31.22M

2.26%

Sole

466.78K

Shared

0.00

None

56.47K

Excelerate Energy, Inc

SOLE

COM

Shares897.04K

TypeSH

Market value$29.98M

2.17%

Sole

811.47K

Shared

0.00

None

85.58K

Argan, Inc.

SOLE

COM

Shares53.59K

TypeSH

Market value$29.19M

2.11%

Sole

47.20K

Shared

0.00

None

6.39K

Oceaneering International, Inc

SOLE

COM

Shares796.60K

TypeSH

Market value$28.26M

2.04%

Sole

796.60K

Shared

0.00

None

0.00

Saia, Inc.

SOLE

COM

Shares80.19K

TypeSH

Market value$28.17M

2.04%

Sole

80.19K

Shared

0.00

None

0.00

Texas Roadhouse Inc

SOLE

COM

Shares170.18K

TypeSH

Market value$28.10M

2.03%

Sole

170.18K

Shared

0.00

None

0.00

ANI Pharmaceuticals, Inc.

SOLE

COM

Shares360.08K

TypeSH

Market value$27.69M

2.00%

Sole

311.85K

Shared

0.00

None

48.23K

Casella Waste Systems, Inc.

SOLE

COM

Shares341.69K

TypeSH

Market value$27.11M

1.96%

Sole

341.69K

Shared

0.00

None

0.00

Simpson Manufacturing Co,Inc

SOLE

COM

Shares154.91K

TypeSH

Market value$26.59M

1.92%

Sole

154.91K

Shared

0.00

None

0.00

LeMaitre Vascular, Inc.

SOLE

COM

Shares238.36K

TypeSH

Market value$26.02M

1.88%

Sole

201.99K

Shared

0.00

None

36.37K

WaterBridge Infrastructure LLC

SOLE

COM

Shares924.57K

TypeSH

Market value$24.77M

1.79%

Sole

833.31K

Shared

0.00

None

91.26K

Lazard Ltd

SOLE

COM

Shares577.66K

TypeSH

Market value$24.54M

1.78%

Sole

577.66K

Shared

0.00

None

0.00

Karman Holdings Inc.

SOLE

COM

Shares297.54K

TypeSH

Market value$23.82M

1.72%

Sole

297.54K

Shared

0.00

None

0.00

Medpace Holdings, Inc.

SOLE

COM

Shares48.36K

TypeSH

Market value$23.22M

1.68%

Sole

48.36K

Shared

0.00

None

0.00

Jones Lang LaSalle Incorporate

SOLE

COM

Shares75.11K

TypeSH

Market value$22.86M

1.65%

Sole

75.11K

Shared

0.00

None

0.00

HealthEquity, Inc.

SOLE

COM

Shares271.22K

TypeSH

Market value$22.67M

1.64%

Sole

271.22K

Shared

0.00

None

0.00

SharkNinja, Inc.

SOLE

COM

Shares212.74K

TypeSH

Market value$22.53M

1.63%

Sole

212.74K

Shared

0.00

None

0.00

TopBuild Corp.

SOLE

COM

Shares63.23K

TypeSH

Market value$22.21M

1.61%

Sole

63.23K

Shared

0.00

None

0.00

Sterling Infrastructure, Inc.

SOLE

COM

Shares53.63K

TypeSH

Market value$21.84M

1.58%

Sole

53.63K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
Ligand PharmaceuticalSOLE	COM	267.94K	SH	$53.49M 3.87%	237.16K	30.79K
Pegasystems Inc.SOLE	COM	1.05M	SH	$44.81M 3.24%	978.13K	74.72K
PDF Solutions Inc.SOLE	COM	1.28M	SH	$41.86M 3.03%	1.09M	190.54K
UL Solutions Inc.SOLE	COM	446.93K	SH	$38.31M 2.77%	446.93K	0.00
Solaris Energy Infrastructure,SOLE	COM	607.81K	SH	$34.35M 2.49%	542.74K	65.07K
MACOM Technology Solutions HldSOLE	COM	148.36K	SH	$32.95M 2.38%	148.36K	0.00
Triumph Financial, Inc.SOLE	COM	523.25K	SH	$31.22M 2.26%	466.78K	56.47K
Excelerate Energy, IncSOLE	COM	897.04K	SH	$29.98M 2.17%	811.47K	85.58K
Argan, Inc.SOLE	COM	53.59K	SH	$29.19M 2.11%	47.20K	6.39K
Oceaneering International, IncSOLE	COM	796.60K	SH	$28.26M 2.04%	796.60K	0.00
Saia, Inc.SOLE	COM	80.19K	SH	$28.17M 2.04%	80.19K	0.00
Texas Roadhouse IncSOLE	COM	170.18K	SH	$28.10M 2.03%	170.18K	0.00
ANI Pharmaceuticals, Inc.SOLE	COM	360.08K	SH	$27.69M 2.00%	311.85K	48.23K
Casella Waste Systems, Inc.SOLE	COM	341.69K	SH	$27.11M 1.96%	341.69K	0.00
Simpson Manufacturing Co,IncSOLE	COM	154.91K	SH	$26.59M 1.92%	154.91K	0.00
LeMaitre Vascular, Inc.SOLE	COM	238.36K	SH	$26.02M 1.88%	201.99K	36.37K
WaterBridge Infrastructure LLCSOLE	COM	924.57K	SH	$24.77M 1.79%	833.31K	91.26K
Lazard LtdSOLE	COM	577.66K	SH	$24.54M 1.78%	577.66K	0.00
Karman Holdings Inc.SOLE	COM	297.54K	SH	$23.82M 1.72%	297.54K	0.00
Medpace Holdings, Inc.SOLE	COM	48.36K	SH	$23.22M 1.68%	48.36K	0.00
Jones Lang LaSalle IncorporateSOLE	COM	75.11K	SH	$22.86M 1.65%	75.11K	0.00
HealthEquity, Inc.SOLE	COM	271.22K	SH	$22.67M 1.64%	271.22K	0.00
SharkNinja, Inc.SOLE	COM	212.74K	SH	$22.53M 1.63%	212.74K	0.00
TopBuild Corp.SOLE	COM	63.23K	SH	$22.21M 1.61%	63.23K	0.00
Sterling Infrastructure, Inc.SOLE	COM	53.63K	SH	$21.84M 1.58%	53.63K	0.00

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