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
AAON, Inc.	COM	000360206	32,449,056	300,900	SH		SOLE		300,900	0	0
ANI Pharmaceuticals, Inc.	COM	00182C103	35,180,786	589,688	SH		SOLE		522,057	0	67,631
AerSale Corporation	COM	00810F106	1,828,272	362,034	SH		SOLE		332,624	0	29,410
America's Car-Mart Inc.	COM	03062T105	9,783,373	233,382	SH		SOLE		206,326	0	27,056
Appfolio, Inc.	COM	03783C100	29,285,172	124,406	SH		SOLE		124,406	0	0
Arhaus, Inc.	COM	04035M102	16,830,232	1,367,200	SH		SOLE		1,253,860	0	113,340
Aris Water Solutions, Inc.	COM	04041L106	34,737,118	2,059,106	SH		SOLE		1,824,848	0	234,258
BOK Financial Corp	COM	05561Q201	9,730	93	SH		SOLE		93	0	0
BioLife Solutions, Inc.	COM	09062W204	8,640,553	345,070	SH		SOLE		226,945	0	118,125
Boot Barn Holdings, Inc.	COM	099406100	50,846,596	303,961	SH		SOLE		285,031	0	18,930
Bruker Corporation	COM	116794108	3,936	57	SH		SOLE		57	0	0
Business First Bancshares, Inc	COM	12326C105	9,625,172	374,958	SH		SOLE		246,565	0	128,393
Cadence Bank	COM	12740C103	18,869,501	592,449	SH		SOLE		592,449	0	0
Cadence Design Systems Inc	COM	127387108	13,009	48	SH		SOLE		48	0	0
Casella Waste Systems, Inc.	COM	147448104	38,734,342	389,329	SH		SOLE		389,329	0	0
Champion Homes, Inc.	COM	830830105	30,435,183	320,877	SH		SOLE		320,877	0	0
Charles River Labs	COM	159864107	3,742	19	SH		SOLE		19	0	0
Chemed Corporation	COM	16359R103	32,646,493	54,323	SH		SOLE		54,323	0	0
Church & Dwight Co., Inc.	COM	171340102	13,299	127	SH		SOLE		127	0	0
Conmed Corp.	COM	207410101	14,686,567	204,207	SH		SOLE		204,207	0	0
Cullen Frost Bankers, Inc.	COM	229899109	11,633	104	SH		SOLE		104	0	0
Diamondback Energy, Inc.	COM	25278X109	12,413	72	SH		SOLE		72	0	0
DoubleVerify Holdings, Inc.	COM	25862V105	10,958,546	650,745	SH		SOLE		650,745	0	0
Evolution Petroleum Corporatio	COM	30049A107	5,804,228	1,093,075	SH		SOLE		718,790	0	374,285
Excelerate Energy, Inc	COM	30069T101	38,701,856	1,758,376	SH		SOLE		1,645,170	0	113,206
Federal Signal	COM	313855108	34,186,733	365,790	SH		SOLE		365,790	0	0
Floor & Decor Holdings, Inc.	COM	339750101	4,594	37	SH		SOLE		37	0	0
Global Payments Inc.	COM	37940X102	13,110	128	SH		SOLE		128	0	0
Green Brick Partners, Inc.	COM	392709101	4,639,536	55,550	SH		SOLE		36,525	0	19,025
Guidewire Software, Inc.	COM	40171V100	48,845,346	267,002	SH		SOLE		267,002	0	0
HealthEquity, Inc.	COM	42226A107	21,342,633	260,753	SH		SOLE		260,753	0	0
Home Bancshares Inc	COM	436893200	32,992,261	1,217,876	SH		SOLE		1,217,876	0	0
I3 Verticals Inc	COM	46571Y107	25,009,096	1,173,585	SH		SOLE		1,003,746	0	169,839
Icon Public Limited Company	COM	G4705A100	11,780	41	SH		SOLE		41	0	0
InfuSystem Holdings, Inc.	COM	45685K102	5,163,188	770,625	SH		SOLE		506,748	0	263,877
J & J Snack Foods	COM	466032109	23,494,380	136,500	SH		SOLE		136,500	0	0
Karat Packaging Inc	COM	48563L101	4,083,759	157,735	SH		SOLE		103,711	0	54,024
Kura Sushi USA, Inc.	COM	501270102	8,346,097	103,601	SH		SOLE		68,131	0	35,470
LeMaitre Vascular, Inc.	COM	525558201	63,671,915	685,455	SH		SOLE		622,669	0	62,786
Liberty Formula One	COM	531229771	13,591	190	SH		SOLE		190	0	0
Ligand Pharmaceutical	COM	53220K504	8,404,057	83,965	SH		SOLE		55,215	0	28,750
MSA Safety Incorporated	COM	553498106	25,955,482	146,360	SH		SOLE		146,360	0	0
Magnolia Oil & Gas Corporation	COM	559663109	25,661,244	1,050,829	SH		SOLE		1,050,829	0	0
MarketAxess Holdings, Inc.	COM	57060D108	4,355	17	SH		SOLE		17	0	0
Medpace Holdings, Inc.	COM	58506Q109	24,724,900	74,071	SH		SOLE		74,071	0	0
Mesa Laboratories, Inc.	COM	59064R109	30,931,353	238,190	SH		SOLE		214,573	0	23,617
Metropolitan Bank Holding Corp	COM	591774104	6,793,336	129,200	SH		SOLE		84,930	0	44,270
Mitek Systems, Inc.	COM	606710200	6,573,793	758,223	SH		SOLE		498,602	0	259,621
NVE Corp	COM	629445206	8,491,379	106,315	SH		SOLE		69,922	0	36,393
Oceaneering International, Inc	COM	675232102	17,466,425	702,309	SH		SOLE		702,309	0	0
OneSpaWorld Holdings Limited	COM	P73684113	45,105,650	2,732,020	SH		SOLE		2,463,235	0	268,785
Option Care Health Inc	COM	68404L201	30,840,579	985,322	SH		SOLE		985,322	0	0
Owens Corning	COM	690742101	10,238	58	SH		SOLE		58	0	0
PDF Solutions Inc.	COM	693282105	31,168,463	983,853	SH		SOLE		859,853	0	124,000
Paylocity Holding Corp	COM	70438V106	18,920,409	114,690	SH		SOLE		114,690	0	0
Pegasystems Inc.	COM	705573103	55,978,169	765,880	SH		SOLE		765,880	0	0
Permian Resources Corporation	COM	71424F105	49,629,477	3,646,545	SH		SOLE		3,646,545	0	0
Quaker Chemical	COM	747316107	23,346,817	138,565	SH		SOLE		138,565	0	0
Qualys, Inc.	COM	74758T303	3,725	29	SH		SOLE		29	0	0
Quinstreet Inc	COM	74874Q100	2,639,940	138,000	SH		SOLE		90,719	0	47,281
Repay Holdings Corporation	COM	76029L100	23,695,498	2,903,860	SH		SOLE		2,629,515	0	274,345
Repligen Corporation	COM	759916109	34,286,789	230,391	SH		SOLE		230,391	0	0
Saia, Inc.	COM	78709Y105	13,909,678	31,811	SH		SOLE		31,811	0	0
Simpson Manufacturing Co,Inc	COM	829073105	12,179,691	63,678	SH		SOLE		63,678	0	0
Simulations Plus, Inc.	COM	829214105	28,881,880	901,995	SH		SOLE		823,435	0	78,560
Sprouts Farmers Market, Inc.	COM	85208M102	26,561,002	240,567	SH		SOLE		240,567	0	0
Steven Madden, Ltd.	COM	556269108	24,357,583	497,195	SH		SOLE		497,195	0	0
Stoneridge Inc.	COM	86183P102	4,146,913	370,591	SH		SOLE		243,685	0	126,906
Take-Two Interactive Software	COM	874054109	7,839	51	SH		SOLE		51	0	0
Texas Roadhouse Inc	COM	882681109	54,972,754	311,284	SH		SOLE		311,284	0	0
The AZEK Co Inc	COM	05478C105	20,355,660	434,950	SH		SOLE		434,950	0	0
The Pennant Group, Inc.	COM	70805E109	2,817,623	78,925	SH		SOLE		51,885	0	27,040
The Vita Coco Company, Inc.	COM	92846Q107	4,584,238	161,930	SH		SOLE		106,490	0	55,440
TopBuild Corp.	COM	89055F103	13,699,327	33,675	SH		SOLE		33,675	0	0
Tractor Supply Company	COM	892356106	9,892	34	SH		SOLE		34	0	0
Trex Company, Inc.	COM	89531P105	4,661	70	SH		SOLE		70	0	0
Triumph Financial, Inc.	COM	89679E300	30,849,191	387,845	SH		SOLE		356,050	0	31,795
Tyler Technologies, Inc.	COM	902252105	12,258	21	SH		SOLE		21	0	0
UFP Technologies, Inc.	COM	902673102	14,442,153	45,602	SH		SOLE		29,991	0	15,611
Utah Medical Products, Inc.	COM	917488108	5,791,328	86,554	SH		SOLE		56,922	0	29,632
Veeva Systems Inc.	COM	922475108	7,555	36	SH		SOLE		36	0	0
Vital Farms, Inc.	COM	92847W103	7,898,290	225,215	SH		SOLE		148,105	0	77,110
WNS(Holdings) Limited	COM	G98196101	31,892,344	605,053	SH		SOLE		605,053	0	0
West Pharmaceutical Svcs Inc	COM	955306105	10,205	34	SH		SOLE		34	0	0
WillScot Holdings Corp	COM	971378104	33,188,730	882,679	SH		SOLE		882,679	0	0
Workiva Inc.	COM	98139A105	39,720,060	502,023	SH		SOLE		502,023	0	0
e.l.f. Beauty,Inc.	COM	26856L103	12,992,342	119,163	SH		SOLE		119,163	0	0
iRadimed Corporation	COM	46266A109	12,579,641	250,142	SH		SOLE		164,552	0	85,590