What happened
According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Ranger Investment Management, L.P. increased its holding in WaterBridge Infrastructure LLC (WBI +3.09%) by 345,554 shares during the first quarter.
The estimated transaction value for this activity was $8.23 million, based on the quarter’s average closing price. The position’s value at quarter-end rose by $13.18 million, a figure that includes both the additional shares and changes in WaterBridge’s share price.
What else to know
- Ranger’s buy brings its WaterBridge stake to 1.79% of 13F reportable assets, with 924,570 shares at quarter-end.
- Top five holdings after the filing:
- NASDAQ:LGND: $53.49 million (3.9% of AUM)
- NASDAQ:PEGA: $44.81 million (3.2% of AUM)
- NASDAQ:PDFS: $41.86 million (3.0% of AUM)
- NYSE:ULS: $38.31 million (2.8% of AUM)
- NYSE:SEI: $34.35 million (2.5% of AUM)
- As of May 14,…