Dauntless Investment Group, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Dauntless Investment Group, LLC reported 61 stock positions worth $21.3 million. Its top holding was Tiziana Life Sciences (TLSA) at 10.5% of the portfolio, followed by Okyo Pharma (OKYO, 6.5%) and St Joe (JOE, 5.8%). Compared with Q1 2025, it opened 32 new positions, sold out of 17, added to 8 and reduced 20. The biggest buy was a new position in JBS NV-A (JBS) and the biggest sale Northern Dynasty Minerals (NAK, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Milford, MI
- CIK
- 0002044285
- Portfolio Value
- $21.3M (Q2 2025)
- SEC Filing
- 0001137439-25-001015 ↗ filed Aug 14, 2025
Holdings Value
Holdings 61 stocks · $21.3M
| TLSA Tiziana Life Sciences Ltd. | 10.53% | 3,418,617 | $2.2M | Add +96.5% |
| OKYO Okyo Pharma Ltd. | 6.52% | 2,735,780 | $1.4M | Add +37.6% |
| JOE The St Joe Co. | 5.84% | 26,034 | $1.2M | Add +85.4% |
| ATYR Atyr Pharma Inc. | 3.77% | 158,402 | $803K | Reduce -7.2% |
| FEMY Femasys Inc. | 3.77% | 2,320,778 | $803K | Add +47.3% |
| JBS JBS NV-A | 3.71% | 57,028 | $788K | New |
| NNI Nelnet Inc. Class A | 3.49% | 6,125 | $742K | New |
| LCTX Lineage Cell Therapeutics Inc. | 3.44% | 1,205,930 | $731K | New |
| KZIA Kazia Therapeutics-Spon ADR | 3.41% | 115,769 | $726K | New |
| XP XP Inc. Class A | 3.33% | 35,070 | $708K | Add +44.8% |
| LINC Lincoln Educational Services | 3.31% | 30,515 | $703K | Reduce -55.6% |
| ICCC Immucell Corp. | 3.10% | 94,694 | $659K | Reduce -27.8% |
| PPLT Abrdn Physical Platinum SHRS | 2.67% | 4,616 | $567K | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 2.41% | 37,392 | $513K | Reduce -4.5% |
| RTAC Renatus Tactical Acquisiti-A | 2.35% | 42,331 | $500K | New |
| AEON Aeon Biopharma Inc. | 2.23% | 1,125,000 | $475K | Add +9.8% |
| IOBTQ Io Biotech Inc. | 2.12% | 324,389 | $451K | Reduce -52.4% |
| NGD New Gold Inc. | 1.87% | 80,368 | $398K | Reduce -50.0% |
| UDMY Udemy Inc. | 1.83% | 55,426 | $390K | New |
| IBIT iShares Bitcoin Trust ETF | 1.73% | 6,000 | $367K | Reduce -66.7% |
| MREO Mereo Biopharma Group PL-ADR | 1.71% | 134,122 | $363K | New |
| COUR Coursera Inc. | 1.52% | 37,014 | $324K | Reduce -44.5% |
| NE Noble Corp. PLC | 1.50% | 12,040 | $320K | New |
| INMB Inmune Bio Inc. | 1.46% | 248,542 | $311K | Add +90.2% |
| RARE Ultragenyx Pharmaceutical Inc. | 1.43% | 8,344 | $303K | New |
| HCC Warrior Met Coal Inc. | 1.40% | 6,493 | $298K | Reduce -60.7% |
| COYA Coya Therapeutics Inc. | 1.38% | 51,089 | $294K | Reduce -69.5% |
| RIG Transocean Ltd. | 1.28% | 105,000 | $272K | New |
| AEM Agnico Eagle Mines Ltd. | 1.24% | 2,220 | $264K | Reduce -50.1% |
| GNLX Genelux Corp. | 1.24% | 123,194 | $263K | New |
| MCGAU Yorkville Acquisition Corp. | 1.20% | 22,675 | $255K | New |
| VAL Valaris Ltd. | 1.16% | 5,856 | $247K | Reduce -70.0% |
| ARQT Arcutis Biotherapeutics Inc. | 1.12% | 16,951 | $238K | New |
| VALE Vale SA-SP ADR | 0.99% | 21,692 | $211K | Reduce -59.6% |
| EQX Equinox Gold Corp. | 0.94% | 34,766 | $200K | New |
| BORR Borr Drilling Ltd. | 0.84% | 97,250 | $178K | New |
| CLPT Clearpoint Neuro Inc. | 0.84% | 14,899 | $178K | Add +6.6% |
| MYO Myomo Inc. | 0.83% | 81,776 | $177K | Reduce -24.6% |
| TRVI Trevi Therapeutics Inc. | 0.75% | 29,000 | $159K | New |
| SIVR Abrdn Physical Silver Shares | 0.70% | 4,338 | $149K | New |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.63% | 2,094 | $133K | New |
| MOS The Mosaic Co. | 0.61% | 3,587 | $131K | Reduce -87.2% |
| MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC | 0.60% | 7,024 | $128K | New |
| CEPO Cantor Equity Partners I-A | 0.47% | 8,325 | $99K | New |
| AGRO Adecoagro SA | 0.39% | 9,154 | $84K | Reduce -89.5% |
| GANX Gain Therapeutics Inc. | 0.39% | 46,000 | $83K | Reduce -63.4% |
| QUCY Quantum Cyber NV filed as MAINZ BIOMED N V | 0.33% | 50,000 | $71K | New |
| TNK Teekay Tankers Ltd. Class A | 0.33% | 1,667 | $70K | New |
| EWZ iShares MSCI Brazil ETF | 0.31% | 2,285 | $66K | Reduce -91.0% |
| SPRY Ars Pharmaceuticals Inc. | 0.21% | 2,569 | $45K | New |
| NAK Northern Dynasty Minerals | 0.18% | 29,241 | $39K | Reduce -97.0% |
| SERA Sera Prognostics Inc. Class A | 0.13% | 10,000 | $28K | New |
| CYPH Cypherpunk Technologies Inc. filed as LEAP THERAPEUTICS INC | 0.08% | 59,965 | $18K | New |
| CRDF Cardiff Oncology Inc. | 0.07% | 5,000 | $16K | Reduce -94.8% |
| IBIO Ibio Inc. | 0.07% | 20,000 | $15K | New |
| GLD SPDR Gold Shares | 0.06% | 45 | $14K | New |
| DHI D.R. Horton Inc. | 0.06% | 101 | $13K | New |
| GOSS Gossamer Bio Inc. | 0.06% | 10,000 | $12K | New |
| COF Capital One Financial Corp. | 0.05% | 47 | $10K | New |
| DSL Doubleline Income Solutions | 0.02% | 326 | $4K | New |
| CDTX Cidara Therapeutics Inc. | 0.01% | 54 | $3K | New |
Options reported separately and not counted above: AAPL puts ($19.9M), HYG puts ($10.8M), TLT puts ($2.4M), GM puts ($1.1M), BABA calls ($964K), F puts ($501K), SPY puts ($494K), INMB calls ($117K).
Portfolio Sells Q1 2025 → Q2 2025
| NAK Northern Dynasty Minerals | Reduce -97.0% | 0.18% | −3.99 |
| AGRO Adecoagro SA | Reduce -89.5% | 0.39% | −3.19 |
| COYA Coya Therapeutics Inc. | Reduce -69.5% | 1.38% | −2.62 |
| MOS The Mosaic Co. | Reduce -87.2% | 0.61% | −2.17 |
| EWZ iShares MSCI Brazil ETF | Reduce -91.0% | 0.31% | −2.12 |
| TITN Titan Machinery Inc. | Sold out | 0.00% | −1.99 |
| VAL Valaris Ltd. | Reduce -70.0% | 1.16% | −1.67 |
| HCC Warrior Met Coal Inc. | Reduce -60.7% | 1.40% | −1.51 |
| IBIT iShares Bitcoin Trust ETF | Reduce -66.7% | 1.73% | −1.39 |
| COLO Global X MSCI Colombia ETF | Sold out | 0.00% | −1.31 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −1.16 |
| MYO Myomo Inc. | Reduce -24.6% | 0.83% | −1.10 |
| IBRX Immunitybio Inc. | Sold out | 0.00% | −1.05 |
| CRDF Cardiff Oncology Inc. | Reduce -94.8% | 0.07% | −1.04 |
| VALE Vale SA-SP ADR | Reduce -59.6% | 0.99% | −0.99 |
| AQST Aquestive Therapeutics Inc. | Sold out | 0.00% | −0.98 |
| TUR iShares MSCI Turkey ETF | Sold out | 0.00% | −0.92 |
| ECH iShares MSCI Chile ETF | Sold out | 0.00% | −0.86 |
| PCVX Vaxcyte Inc. | Sold out | 0.00% | −0.81 |
| MT Arcelormittal-NY Registered | Sold out | 0.00% | −0.75 |
| WRN Western Copper and Gold Corp. | Sold out | 0.00% | −0.72 |
| LINC Lincoln Educational Services | Reduce -55.6% | 3.31% | −0.72 |
| STOK Stoke Therapeutics Inc. | Sold out | 0.00% | −0.70 |
| NVNO Envveno Medical Corporation | Sold out | 0.00% | −0.69 |
| IOBTQ Io Biotech Inc. | Reduce -52.4% | 2.12% | −0.62 |
| AVAL Grupo Aval Acciones Y Valore | Sold out | 0.00% | −0.59 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.57 |
| PPTA Perpetua Resources Corp. | Sold out | 0.00% | −0.56 |
| AEM Agnico Eagle Mines Ltd. | Reduce -50.1% | 1.24% | −0.54 |
| THM Intl Tower Hill Mines Ltd. | Sold out | 0.00% | −0.54 |
| GANX Gain Therapeutics Inc. | Reduce -63.4% | 0.39% | −0.50 |
| NGD New Gold Inc. | Reduce -50.0% | 1.87% | −0.33 |
| NG Novagold Resources Inc. | Sold out | 0.00% | −0.15 |
| COUR Coursera Inc. | Reduce -44.5% | 1.52% | −0.12 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Reduce -4.5% | 2.41% | +0.44 |
| ICCC Immucell Corp. | Reduce -27.8% | 3.10% | +0.78 |
| ATYR Atyr Pharma Inc. | Reduce -7.2% | 3.77% | +1.87 |
Portfolio Buys Q1 2025 → Q2 2025
| JBS JBS NV-A | New | 3.71% | +3.71 |
| TLSA Tiziana Life Sciences Ltd. | Add +96.5% | 10.53% | +3.60 |
| NNI Nelnet Inc. Class A | New | 3.49% | +3.49 |
| LCTX Lineage Cell Therapeutics Inc. | New | 3.44% | +3.44 |
| KZIA Kazia Therapeutics-Spon ADR | New | 3.41% | +3.41 |
| JOE The St Joe Co. | Add +85.4% | 5.84% | +3.40 |
| RTAC Renatus Tactical Acquisiti-A | New | 2.35% | +2.35 |
| XP XP Inc. Class A | Add +44.8% | 3.33% | +2.10 |
| UDMY Udemy Inc. | New | 1.83% | +1.83 |
| MREO Mereo Biopharma Group PL-ADR | New | 1.71% | +1.71 |
| NE Noble Corp. PLC | New | 1.50% | +1.50 |
| RARE Ultragenyx Pharmaceutical Inc. | New | 1.43% | +1.43 |
| RIG Transocean Ltd. | New | 1.28% | +1.28 |
| GNLX Genelux Corp. | New | 1.24% | +1.24 |
| MCGAU Yorkville Acquisition Corp. | New | 1.20% | +1.20 |
| ARQT Arcutis Biotherapeutics Inc. | New | 1.12% | +1.12 |
| EQX Equinox Gold Corp. | New | 0.94% | +0.94 |
| BORR Borr Drilling Ltd. | New | 0.84% | +0.84 |
| TRVI Trevi Therapeutics Inc. | New | 0.75% | +0.75 |
| SIVR Abrdn Physical Silver Shares | New | 0.70% | +0.70 |
| GRVY Gravity Co. Ltd.-Sponsored ADR | New | 0.63% | +0.63 |
| MLP Maui Land & Pineapple Co. | New | 0.60% | +0.60 |
| CEPO Cantor Equity Partners I-A | New | 0.47% | +0.47 |
| QUCY Quantum Cyber NV | New | 0.33% | +0.33 |
| TNK Teekay Tankers Ltd. Class A | New | 0.33% | +0.33 |
| CLPT Clearpoint Neuro Inc. | Add +6.6% | 0.84% | +0.22 |
| SPRY Ars Pharmaceuticals Inc. | New | 0.21% | +0.21 |
| SERA Sera Prognostics Inc. Class A | New | 0.13% | +0.13 |
| CYPH Cypherpunk Technologies Inc. | New | 0.08% | +0.08 |
| IBIO Ibio Inc. | New | 0.07% | +0.07 |
| GLD SPDR Gold Shares | New | 0.06% | +0.06 |
| DHI D.R. Horton Inc. | New | 0.06% | +0.06 |
| GOSS Gossamer Bio Inc. | New | 0.06% | +0.06 |
| COF Capital One Financial Corp. | New | 0.05% | +0.05 |
| AEON Aeon Biopharma Inc. | Add +9.8% | 2.23% | +0.04 |
| DSL Doubleline Income Solutions | New | 0.02% | +0.02 |
| CDTX Cidara Therapeutics Inc. | New | 0.01% | +0.01 |
| INMB Inmune Bio Inc. | Add +90.2% | 1.46% | −2.31 |
| OKYO Okyo Pharma Ltd. | Add +37.6% | 6.52% | −2.81 |
| FEMY Femasys Inc. | Add +47.3% | 3.77% | −3.50 |
Options Activity Q1 2025 → Q2 2025
| AAPL Apple Inc. | put | Add +212.9% | 97,000 | $19.9M |
| EWZ iShares MSCI Brazil ETF | call | Sold out | 471,200 | $12.2Mbefore exit |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Reduce -13.3% | 134,600 | $10.8M |
| IBM Intl Business Machines Corp. | put | Sold out | 29,100 | $7.2Mbefore exit |
| COST Costco Wholesale Corp. | put | Sold out | 7,400 | $7.0Mbefore exit |
| SMH Vaneck Semiconductor ETF | put | Sold out | 12,400 | $2.6Mbefore exit |
| IBB iShares Biotechnology ETF | put | Sold out | 20,000 | $2.6Mbefore exit |
| TLT iShares 20+ Year Treasury BD | put | New | 27,500 | $2.4M |
| SBUX Starbucks Corp. | put | Sold out | 21,500 | $2.1Mbefore exit |
| GM General Motors Co. | put | Reduce -79.3% | 22,300 | $1.1M |
| BABA Alibaba Group Holding-SP ADR | call | New | 8,500 | $964K |
| F Ford Motor Co. | put | New | 46,200 | $501K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 800 | $494K |
| INMB Inmune Bio Inc. | call | Add +37.4% | 93,400 | $117K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 64 | $57.7M | AEON, FEMY, KZIA, VLO, JOE |
| Q1 2026 | 61 | $35.6M | INVA, FEMY, TLSA, AEON, LINC |
| Q4 2025 | 53 | $27.2M | JOE, AGRO, LINC, AEON, TLSA |
| Q3 2025 | 42 | $38.1M | TLSA, OKYO, AEM, LCTX, JBS |
| Q2 2025 | 61 | $21.3M | TLSA, OKYO, JOE, ATYR, FEMY |
| Q1 2025 | 46 | $27.1M | OKYO, FEMY, TLSA, NAK, LINC |
| Q4 2024 | 50 | $23.7M | LINC, NAK, AGRO, MYO, INMB |