Ranger Investment Management, L.P.

Other Low signal CIK 1319691
League rank
#192
in Other · #888 overall
Long book
$1.38B
Q1 2026
Positions
79
Top-10 weight
26%
concentration
Last quarter
+17.7%
SPY +14.8%
Turnover
16%
of book per quarter

Strategy in plain words

auto-generated from filings

Ranger Investment Management, L.P. is an institutional manager, running a $1.38B US long book across 79 positions.

The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: LIGAND PHARMACEUTICALS, PEGASYSTEMS INC, PDF SOLUTIONS INC, UL SOLUTIONS INC - CLASS A, SOLARIS ENERGY INFRASTRUCTUR.

Over the last 9 quarters its long book ran on average 3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.4%
Q2 2024
+2.0%
Q3 2024
+2.7%
Q4 2024
-11.3%
Q1 2025
+6.0%
Q2 2025
+2.8%
Q3 2025
-0.3%
Q4 2025
-3.0%
Q1 2026
+17.7%

Sector allocation

Technology
21%
Industrials
21%
Healthcare
20%
Financials
8%
Services media
6%
Energy
6%
Utilities
5%
Consumer discretionary
4%

Long book by quarter

$1.56B
Q1 2024
$1.47B
Q2 2024
$1.56B
Q3 2024
$1.58B
Q4 2024
$1.40B
Q1 2025
$1.43B
Q2 2025
$1.43B
Q3 2025
$1.46B
Q4 2025
$1.38B
Q1 2026

What does Ranger Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
LGND LIGAND PHARMACEUTICALSHealthcare267.9K$53.5M3.9%-0.8%
PEGA PEGASYSTEMS INCTechnology1.1M$44.8M3.2%+15.6%
PDFS PDF SOLUTIONS INCTechnology1.3M$41.9M3.0%+9.4%
ULS UL SOLUTIONS INC - CLASS AServices media446.9K$38.3M2.8%+8.5%
SEI SOLARIS ENERGY INFRASTRUCTURIndustrials607.8K$34.3M2.5%-2.5%
MTSI MACOM TECHNOLOGY SOLUTIONS HTechnology148.4K$32.9M2.4%-0.8%
TFIN TRIUMPH FINANCIAL INCFinancials523.3K$31.2M2.3%+48.5%
EE EXCELERATE ENERGY INC-AUtilities897.0K$30.0M2.2%-26.5%
AGX ARGAN INCIndustrials53.6K$29.2M2.1%-54.1%
OII OCEANEERING INTL INCEnergy796.6K$28.3M2.0%-0.8%
SAIA SAIA INCIndustrials80.2K$28.2M2.0%-0.8%
TXRH TEXAS ROADHOUSE INCConsumer discretionary170.2K$28.1M2.0%-0.7%
ANIP ANI PHARMACEUTICALS INCHealthcare360.1K$27.7M2.0%-0.6%
CWST CASELLA WASTE SYSTEMS INC-AUtilities341.7K$27.1M2.0%-0.7%
SSD SIMPSON MANUFACTURING CO INCIndustrials154.9K$26.6M1.9%-0.8%
LMAT LEMAITRE VASCULAR INCHealthcare238.4K$26.0M1.9%-36.8%
WBI WATERBRIDGE INFRASTRUC-CL AEnergy924.6K$24.8M1.8%+59.7%
LAZ LAZARD INCFinancials577.7K$24.5M1.8%-0.7%
KRMN KARMAN HOLDINGS INCIndustrials297.5K$23.8M1.7%+12.8%
MEDP MEDPACE HOLDINGS INCHealthcare48.4K$23.2M1.7%-0.7%
JLL JONES LANG LASALLE INCReal estate75.1K$22.9M1.7%-0.7%
HQY HEALTHEQUITY INCServices media271.2K$22.7M1.6%-0.8%
SN SHARKNINJA INCIndustrials212.7K$22.5M1.6%-0.7%
BLD* TOPBUILD CORP63.2K$22.2M1.6%-0.8%
STRL STERLING INFRASTRUCTURE INCIndustrials53.6K$21.8M1.6%New
AAON AAON INCIndustrials257.4K$21.3M1.5%-38.8%
FSS FEDERAL SIGNAL CORPIndustrials191.7K$20.7M1.5%-0.8%
IIIV I3 VERTICALS INC-CLASS ATechnology925.9K$20.7M1.5%-0.5%
ADMA ADMA BIOLOGICS INCHealthcare2.3M$20.6M1.5%-0.7%
WK WORKIVA INCTechnology342.2K$20.4M1.5%+11.5%
PCTY PAYLOCITY HOLDING CORPTechnology182.9K$19.8M1.4%+5.7%
RMBS RAMBUS INCTechnology224.4K$19.3M1.4%+135.0%
RGEN REPLIGEN CORPHealthcare161.1K$19.0M1.4%-0.8%
PR PERMIAN RESOURCES CORP-CL AEnergy872.0K$18.6M1.3%-38.3%
MLAB MESA LABORATORIES INCTechnology202.9K$17.9M1.3%-1.1%
CELH CELSIUS HOLDINGS INCConsumer staples497.5K$17.7M1.3%-0.7%
STVN STEVANATO GROUP SPAHealthcare1.3M$17.5M1.3%-0.6%
GWRE GUIDEWIRE SOFTWARE INCTechnology114.7K$17.2M1.2%-4.1%
CHYM CHIME FINANCIAL INC-CL AFinancials900.3K$16.9M1.2%+52.3%
NCNO NCINO INCTechnology1.1M$15.8M1.1%-6.7%
PL PLANET LABS PBCTechnology561.3K$15.7M1.1%-12.3%
APPF APPFOLIO INC - ATechnology98.6K$15.6M1.1%-13.7%
MOD MODINE MANUFACTURING COIndustrials71.8K$15.6M1.1%New
PAHC PHIBRO ANIMAL HEALTH CORP-AHealthcare278.5K$15.4M1.1%-0.3%
SKY CHAMPION HOMES INCOther198.4K$14.8M1.1%-0.8%
WRBY WARBY PARKER INC-CLASS AHealthcare677.3K$14.3M1.0%-30.3%
WING WINGSTOP INCConsumer discretionary81.9K$12.7M0.9%-0.7%
OZK BANK OZK271.6K$12.5M0.9%-0.8%
BOOT BOOT BARN HOLDINGS INCConsumer discretionary84.1K$12.3M0.9%-0.6%
CRL CHARLES RIVER LABORATORIESHealthcare70.7K$12.2M0.9%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202679$1.38B canonicalSEC ↗
Q4 202513F-HRFeb 13, 202679$1.46B canonicalSEC ↗
Q3 202513F-HRNov 5, 202576$1.43B canonicalSEC ↗
Q2 202513F-HRAug 19, 202572$1.43B canonicalSEC ↗
Q1 202513F-HRMay 15, 202575$1.40B canonicalSEC ↗
Q4 202413F-HRFeb 13, 202589$1.58B canonicalSEC ↗
Q3 202413F-HRNov 4, 202488$1.56B canonicalSEC ↗
Q2 202413F-HRAug 14, 202494$1.47B canonicalSEC ↗
Q1 202413F-HRMay 15, 202493$1.56B canonicalSEC ↗