Ranger Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ANI Pharmaceuticals, Inc.	COM	00182C103	24,782,795	426,848	SH		SOLE		376,757	0	50,091
Abbvie, Inc.	COM	00287Y109	5,664	38	SH		SOLE		38	0	0
AerSale Corporation	COM	00810F106	21,654,917	1,449,459	SH		SOLE		1,355,730	0	93,729
Allient Inc	COM	019330109	5,536,257	179,051	SH		SOLE		117,957	0	61,094
Alphabet Inc (A)	COM	02079K305	13,086	100	SH		SOLE		100	0	0
Amazon.com	COM	023135106	8,898	70	SH		SOLE		70	0	0
Amedisys Inc	COM	023436108	18,429,781	197,321	SH		SOLE		197,321	0	0
America's Car-Mart Inc.	COM	03062T105	26,122,046	287,087	SH		SOLE		248,132	0	38,955
American Software, Inc.	COM	029683109	5,273,468	460,163	SH		SOLE		303,151	0	157,012
Appfolio, Inc.	COM	03783C100	26,449,755	144,827	SH		SOLE		144,827	0	0
Aris Water Solutions, Inc.	COM	04041L106	20,064,660	2,010,487	SH		SOLE		1,850,565	0	159,922
Avid Bioservices, Inc.	COM	05368M106	21,533,697	2,281,112	SH		SOLE		2,088,484	0	192,628
BOK Financial Corp	COM	05561Q201	7,198	90	SH		SOLE		90	0	0
Bank of America Corp.	COM	060505104	7,009	256	SH		SOLE		256	0	0
BioLife Solutions, Inc.	COM	09062W204	4,704,625	340,668	SH		SOLE		224,530	0	116,138
Boot Barn Holdings, Inc.	COM	099406100	36,929,272	454,850	SH		SOLE		430,320	0	24,530
Business First Bancshares, Inc	COM	12326C105	5,943,599	316,823	SH		SOLE		208,710	0	108,113
CI&T, Inc.	COM	G21307106	1,846,130	284,020	SH		SOLE		187,090	0	96,930
Cadence Bank	COM	12740C103	14,037,836	661,538	SH		SOLE		661,538	0	0
Cadence Design Systems Inc	COM	127387108	2,343	10	SH		SOLE		10	0	0
Casella Waste Systems, Inc.	COM	147448104	33,330,587	436,836	SH		SOLE		436,836	0	0
Centene Corporation	COM	15135B101	2,893	42	SH		SOLE		42	0	0
Certara, Inc.	COM	15687V109	8,862,406	609,519	SH		SOLE		609,519	0	0
Charles River Labs	COM	159864107	5,095	26	SH		SOLE		26	0	0
Chemed Corporation	COM	16359R103	25,091,116	48,280	SH		SOLE		48,280	0	0
Chipotle Mexican Grill, Inc.	COM	169656105	5,495	3	SH		SOLE		3	0	0
Church & Dwight Co., Inc.	COM	171340102	2,749	30	SH		SOLE		30	0	0
Conmed Corp.	COM	207410101	33,772,043	334,874	SH		SOLE		334,874	0	0
Costco Wholesale Corporation	COM	22160K105	4,520	8	SH		SOLE		8	0	0
Coty Inc	COM	222070203	17,719,534	1,615,272	SH		SOLE		1,615,272	0	0
Danaher Corp.	COM	235851102	19,600	79	SH		SOLE		79	0	0
Diamondback Energy, Inc.	COM	25278X109	19,515	126	SH		SOLE		126	0	0
DoubleVerify Holdings, Inc.	COM	25862V105	20,026,930	716,527	SH		SOLE		716,527	0	0
Dril-Quip, Inc.	COM	262037104	19,653,054	697,659	SH		SOLE		621,055	0	76,604
Earthstone Energy, Inc.	COM	27032D304	40,682,542	2,010,007	SH		SOLE		2,010,007	0	0
Endava Plc	COM	29260V105	14,963,590	260,917	SH		SOLE		260,917	0	0
Evolution Petroleum Corporatio	COM	30049A107	5,829,835	852,315	SH		SOLE		561,517	0	290,798
Excelerate Energy, Inc	COM	30069T101	27,294,076	1,601,765	SH		SOLE		1,601,765	0	0
Federal Signal	COM	313855108	13,301,990	222,702	SH		SOLE		222,702	0	0
Five Below Inc	COM	33829M101	1,770	11	SH		SOLE		11	0	0
Floor & Decor Holdings, Inc.	COM	339750101	724	8	SH		SOLE		8	0	0
Genasys Incorporated	COM	36872P103	1,459,503	726,121	SH		SOLE		478,314	0	247,807
Global Payments Inc.	COM	37940X102	10,731	93	SH		SOLE		93	0	0
Green Brick Partners, Inc.	COM	392709101	2,119,916	51,070	SH		SOLE		33,630	0	17,440
Grocery Outlet Holding Corp	COM	39874R101	40,750,596	1,412,499	SH		SOLE		1,412,499	0	0
Guidewire Software, Inc.	COM	40171V100	14,482,260	160,914	SH		SOLE		160,914	0	0
Home Bancshares Inc	COM	436893200	28,618,175	1,366,675	SH		SOLE		1,366,675	0	0
I3 Verticals Inc	COM	46571Y107	21,590,599	1,021,315	SH		SOLE		877,216	0	144,099
Icon Public Limited Company	COM	G4705A100	8,865	36	SH		SOLE		36	0	0
InfuSystem Holdings, Inc.	COM	45685K102	6,352,827	659,007	SH		SOLE		434,212	0	224,795
Kura Sushi USA, Inc.	COM	501270102	11,319,744	171,200	SH		SOLE		112,785	0	58,415
LeMaitre Vascular, Inc.	COM	525558201	48,967,823	898,822	SH		SOLE		834,420	0	64,402
MarketAxess Holdings, Inc.	COM	57060D108	4,059	19	SH		SOLE		19	0	0
Medpace Holdings, Inc.	COM	58506Q109	45,932,545	189,702	SH		SOLE		189,702	0	0
Mercury Systems,Inc.	COM	589378108	24,223,776	653,108	SH		SOLE		653,108	0	0
Mesa Laboratories, Inc.	COM	59064R109	23,534,945	223,993	SH		SOLE		212,415	0	11,578
Metropolitan Bank Holding Corp	COM	591774104	5,115,589	141,003	SH		SOLE		92,900	0	48,103
Mitek Systems, Inc.	COM	606710200	6,894,011	643,098	SH		SOLE		423,652	0	219,446
Model N, Inc.	COM	607525102	21,162,933	866,978	SH		SOLE		776,953	0	90,025
NAPCO Security Technologies,In	COM	630402105	13,639,628	613,017	SH		SOLE		555,687	0	57,330
NVE Corp	COM	629445206	4,179,694	50,885	SH		SOLE		33,525	0	17,360
Neogen Corp	COM	640491106	9,328,642	503,163	SH		SOLE		503,163	0	0
OneSpaWorld Holdings Limited	COM	P73684113	31,197,098	2,780,490	SH		SOLE		2,548,320	0	232,170
Option Care Health Inc	COM	68404L201	13,534,043	418,363	SH		SOLE		418,363	0	0
Owens Corning	COM	690742101	3,410	25	SH		SOLE		25	0	0
Oxford Industries Inc	COM	691497309	14,511,304	150,955	SH		SOLE		142,868	0	8,087
PDF Solutions Inc.	COM	693282105	16,726,727	516,257	SH		SOLE		412,034	0	104,223
Pegasystems Inc.	COM	705573103	20,901,264	481,485	SH		SOLE		481,485	0	0
Permian Resources Corporation	COM	71424F105	52,116,114	3,733,246	SH		SOLE		3,733,246	0	0
Pool Corp	COM	73278L105	2,137	6	SH		SOLE		6	0	0
Quaker Chemical	COM	747316107	11,056,000	69,100	SH		SOLE		69,100	0	0
Qualys, Inc.	COM	74758T303	44,052,474	288,774	SH		SOLE		288,774	0	0
Repay Holdings Corporation	COM	76029L100	22,155,901	2,919,091	SH		SOLE		2,728,118	0	190,973
Repligen Corporation	COM	759916109	27,522,087	173,084	SH		SOLE		173,084	0	0
Ross Stores, Inc.	COM	778296103	6,664	59	SH		SOLE		59	0	0
Saia, Inc.	COM	78709Y105	27,810,621	69,762	SH		SOLE		69,762	0	0
Silicon Laboratories Inc.	COM	826919102	12,735,500	109,893	SH		SOLE		109,893	0	0
SilverBow Resources, Inc.	COM	82836G102	6,874,601	192,189	SH		SOLE		126,604	0	65,585
Simulations Plus, Inc.	COM	829214105	38,306,746	918,627	SH		SOLE		862,597	0	56,030
SiteOne Landscape Supply, Inc.	COM	82982L103	30,882,243	188,940	SH		SOLE		188,940	0	0
Skyline Champion Corporation	COM	830830105	17,117,167	268,631	SH		SOLE		268,631	0	0
Sovos Brands, Inc.	COM	84612U107	20,368,919	903,278	SH		SOLE		855,005	0	48,273
Steven Madden, Ltd.	COM	556269108	13,028,528	410,089	SH		SOLE		410,089	0	0
Stoneridge Inc.	COM	86183P102	5,541,909	276,129	SH		SOLE		181,757	0	94,372
Take-Two Interactive Software	COM	874054109	10,810	77	SH		SOLE		77	0	0
Teleflex	COM	879369106	3,143	16	SH		SOLE		16	0	0
Texas Roadhouse Inc	COM	882681109	49,835,346	518,578	SH		SOLE		518,578	0	0
The AZEK Co Inc	COM	05478C105	15,995,570	537,847	SH		SOLE		537,847	0	0
TopBuild Corp.	COM	89055F103	22,041,921	87,607	SH		SOLE		87,607	0	0
Tractor Supply Company	COM	892356106	7,919	39	SH		SOLE		39	0	0
Trex Company, Inc.	COM	89531P105	986	16	SH		SOLE		16	0	0
Triumph Financial, Inc.	COM	89679E300	25,647,057	395,849	SH		SOLE		373,743	0	22,106
Tyler Technologies, Inc.	COM	902252105	1,931	5	SH		SOLE		5	0	0
UFP Technologies, Inc.	COM	902673102	10,619,374	65,775	SH		SOLE		43,353	0	22,422
Unitedhealth Group Incorporate	COM	91324P102	15,126	30	SH		SOLE		30	0	0
Utah Medical Products, Inc.	COM	917488108	6,399,346	74,411	SH		SOLE		49,049	0	25,362
Veeva Systems Inc.	COM	922475108	3,255	16	SH		SOLE		16	0	0
Visa Inc	COM	92826C839	8,970	39	SH		SOLE		39	0	0
WNS(Holdings) Limited	COM	92932M101	46,480,095	678,938	SH		SOLE		678,938	0	0
Waste Connections, Inc.	COM	94106B101	5,372	40	SH		SOLE		40	0	0
West Pharmaceutical Svcs Inc	COM	955306105	6,379	17	SH		SOLE		17	0	0
Workiva Inc.	COM	98139A105	39,794,799	392,686	SH		SOLE		392,686	0	0
Zoetis Inc.	COM	98978V103	14,614	84	SH		SOLE		84	0	0
e.l.f. Beauty,Inc.	COM	26856L103	29,699,350	270,412	SH		SOLE		262,992	0	7,420
iRadimed Corporation	COM	46266A109	9,412,962	212,147	SH		SOLE		139,814	0	72,333
salesforce.com, inc.	COM	79466L302	5,678	28	SH		SOLE		28	0	0