Dauntless Investment Group, LLC In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Dauntless Investment Group, LLC reported 42 stock positions worth $38.1 million . Its top holding was Tiziana Life Sciences (TLSA) at 15.5% of the portfolio, followed by Okyo Pharma (OKYO, 12.7% ) and Agnico Eagle Mines (AEM, 11.6% ). Compared with Q2 2025, it opened 16 new positions, sold out of 35, added to 12 and reduced 10. The biggest buy was Agnico Eagle Mines (AEM, shares +1077% ) and the biggest sale an exit from Atyr Pharma (ATYR).
Location Milford, MI
CIK 0002044285
Portfolio Value $38.1M (Q3 2025) Holdings 42 stocks · $38.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2025 TLSA Tiziana Life Sciences Ltd. 2,735,933 $5.9M Reduce -20.0% OKYO Okyo Pharma Ltd. 2,422,048 $4.8M Reduce -11.5% AEM Agnico Eagle Mines Ltd. 26,120 $4.4M Add +1076.6% LCTX Lineage Cell Therapeutics Inc. 1,614,100 $2.7M Add +33.9% JBS JBS NV-A 140,569 $2.1M Add +146.5% JOE The St Joe Co. 29,215 $1.4M Add +12.2% LINC Lincoln Educational Services 56,023 $1.3M Add +83.6% EQX Equinox Gold Corp. 86,306 $968K Add +148.3% VLO Valero Energy Corp. 5,434 $925K New AEON Aeon Biopharma Inc. 1,125,000 $910K No change IAG Iamgold Corp. 70,325 $909K New PBF PBF Energy Inc. Class A 29,249 $882K New COYA Coya Therapeutics Inc. 153,021 $872K Add +199.5% KZIA Kazia Therapeutics-Spon ADR 118,139 $852K Add +2.0% COUR Coursera Inc. 69,585 $815K Add +88.0% DOLE Dole PLC 59,284 $797K New RTAC Renatus Tactical Acquisiti-A 72,371 $790K Add +71.0% NNI Nelnet Inc. Class A 6,125 $768K No change FEMY Femasys Inc. 1,732,543 $611K Reduce -25.4% ICCC Immucell Corp. 87,121 $545K Reduce -8.0% EWY iShares MSCI South Korea ETF 6,675 $535K New PPLT Abrdn Physical Platinum SHRS 3,449 $493K Reduce -25.3% OPCH Option Care Health Inc. 13,820 $384K New XP XP Inc. Class A 20,070 $377K Reduce -42.8% AON Aon PLC Class A 1,010 $360K New BDX Becton Dickinson and Co. 1,860 $348K New EWT iShares MSCI Taiwan ETF 4,700 $299K New ETNB 89BIO Inc. 20,000 $294K New MUFG Mitsubishi Ufj Finl-Spon ADR 18,413 $294K Reduce -50.8% SIVR Abrdn Physical Silver Shares 4,338 $193K No change TVA Texas Ventures Acquisition-A 17,816 $191K New GXC State Street SPDR S&P China 1,659 $174K New ATAIBECKLEY INC filed as ATAI LIFE SCIENCES NV 31,159 $165K New MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC 7,262 $135K Add +3.4% TIC Tic Solutions Inc. filed as ACUREN CORP 8,262 $110K New BBJP JPMorgan Betabuilders Japan 1,650 $109K New TLPH Talphera Inc. 100,000 $89K New QUCY Quantum Cyber NV filed as MAINZ BIOMED N V 51,000 $76K Add +2.0% MYO Myomo Inc. 55,485 $49K Reduce -32.1% MCGAU Yorkville Acquisition Corp. 2,991 $33K Reduce -86.8% NAK Northern Dynasty Minerals 8,742 $10K Reduce -70.1% DSL Doubleline Income Solutions 326 $4K No change
Options reported separately and not counted above: HYG puts ($29.4M), XBI puts ($25.1M), AAPL puts ($11.4M), PLTR puts ($8.3M), XLY puts ($7.3M), META puts ($6.8M), KO puts ($5.1M), CRWV puts ($4.0M), MPC calls ($3.7M), FXI calls ($3.1M), NVDA puts ($3.1M), AMZN puts ($2.5M), and 11 more.
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ ATYR Atyr Pharma Inc. Sold out 0.00% −3.77 XP XP Inc. Class A Reduce -42.8% 0.99% −2.34 FEMY Femasys Inc. Reduce -25.4% 1.60% −2.17 IOBTQ Io Biotech Inc. Sold out 0.00% −2.12 NGD New Gold Inc. Sold out 0.00% −1.87 UDMY Udemy Inc. Sold out 0.00% −1.83 IBIT iShares Bitcoin Trust ETF Sold out 0.00% −1.73 MREO Mereo Biopharma Group PL-ADR Sold out 0.00% −1.71 ICCC Immucell Corp. Reduce -8.0% 1.43% −1.67 MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -50.8% 0.77% −1.64 NE Noble Corp. PLC Sold out 0.00% −1.50 INMB Inmune Bio Inc. Sold out 0.00% −1.46 RARE Ultragenyx Pharmaceutical Inc. Sold out 0.00% −1.43 HCC Warrior Met Coal Inc. Sold out 0.00% −1.40 PPLT Abrdn Physical Platinum SHRS Reduce -25.3% 1.29% −1.37 RIG Transocean Ltd. Sold out 0.00% −1.28 GNLX Genelux Corp. Sold out 0.00% −1.24 VAL Valaris Ltd. Sold out 0.00% −1.16 ARQT Arcutis Biotherapeutics Inc. Sold out 0.00% −1.12 MCGAU Yorkville Acquisition Corp. Reduce -86.8% 0.09% −1.11 VALE Vale SA-SP ADR Sold out 0.00% −0.99 BORR Borr Drilling Ltd. Sold out 0.00% −0.84 CLPT Clearpoint Neuro Inc. Sold out 0.00% −0.84 TRVI Trevi Therapeutics Inc. Sold out 0.00% −0.75 MYO Myomo Inc. Reduce -32.1% 0.13% −0.70 GRVY Gravity Co. Ltd.-Sponsored ADR Sold out 0.00% −0.63 MOS The Mosaic Co. Sold out 0.00% −0.61 CEPO Cantor Equity Partners I-A Sold out 0.00% −0.47 AGRO Adecoagro SA Sold out 0.00% −0.39 GANX Gain Therapeutics Inc. Sold out 0.00% −0.39 TNK Teekay Tankers Ltd. Class A Sold out 0.00% −0.33 EWZ iShares MSCI Brazil ETF Sold out 0.00% −0.31 SPRY Ars Pharmaceuticals Inc. Sold out 0.00% −0.21 NAK Northern Dynasty Minerals Reduce -70.1% 0.03% −0.16 SERA Sera Prognostics Inc. Class A Sold out 0.00% −0.13 CYPH Cypherpunk Technologies Inc. Sold out 0.00% −0.08 CRDF Cardiff Oncology Inc. Sold out 0.00% −0.07 IBIO Ibio Inc. Sold out 0.00% −0.07 GLD SPDR Gold Shares Sold out 0.00% −0.06 DHI D.R. Horton Inc. Sold out 0.00% −0.06 GOSS Gossamer Bio Inc. Sold out 0.00% −0.06 COF Capital One Financial Corp. Sold out 0.00% −0.05 CDTX Cidara Therapeutics Inc. Sold out 0.00% −0.01 TLSA Tiziana Life Sciences Ltd. Reduce -20.0% 15.51% +4.97 OKYO Okyo Pharma Ltd. Reduce -11.5% 12.71% +6.19
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ AEM Agnico Eagle Mines Ltd. Add +1076.6% 11.55% +10.31 LCTX Lineage Cell Therapeutics Inc. Add +33.9% 7.16% +3.72 VLO Valero Energy Corp. New 2.43% +2.43 IAG Iamgold Corp. New 2.39% +2.39 PBF PBF Energy Inc. Class A New 2.32% +2.32 DOLE Dole PLC New 2.09% +2.09 JBS JBS NV-A Add +146.5% 5.51% +1.80 EQX Equinox Gold Corp. Add +148.3% 2.54% +1.60 EWY iShares MSCI South Korea ETF New 1.40% +1.40 OPCH Option Care Health Inc. New 1.01% +1.01 AON Aon PLC Class A New 0.94% +0.94 BDX Becton Dickinson and Co. New 0.91% +0.91 COYA Coya Therapeutics Inc. Add +199.5% 2.29% +0.91 EWT iShares MSCI Taiwan ETF New 0.78% +0.78 ETNB 89BIO Inc. New 0.77% +0.77 COUR Coursera Inc. Add +88.0% 2.14% +0.61 TVA Texas Ventures Acquisition-A New 0.50% +0.50 GXC State Street SPDR S&P China New 0.46% +0.46 ATAIBECKLEY INC New 0.43% +0.43 TIC Tic Solutions Inc. New 0.29% +0.29 BBJP JPMorgan Betabuilders Japan New 0.29% +0.29 TLPH Talphera Inc. New 0.23% +0.23 LINC Lincoln Educational Services Add +83.6% 3.45% +0.15 QUCY Quantum Cyber NV Add +2.0% 0.20% −0.13 MLP Maui Land & Pineapple Co. Add +3.4% 0.36% −0.25 RTAC Renatus Tactical Acquisiti-A Add +71.0% 2.07% −0.28 KZIA Kazia Therapeutics-Spon ADR Add +2.0% 2.23% −1.18 JOE The St Joe Co. Add +12.2% 3.79% −2.04
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Add +171.8% 365,900 $29.4M XBI SS SPDR S&P Biotech ETF put New 250,000 $25.1M AAPL Apple Inc. put Reduce -53.8% 44,800 $11.4M PLTR Palantir Technologies Inc. Class A put New 45,500 $8.3M XLY SS Consumer Disc Select Sect put New 30,400 $7.3M META Meta Platforms Inc. Class A put New 9,200 $6.8M KO The Coca-Cola Co. put New 77,500 $5.1M CRWV Coreweave Inc. Class A put New 29,200 $4.0M MPC Marathon Petroleum Corp. call New 19,400 $3.7M FXI iShares China Large-Cap ETF call New 75,700 $3.1M NVDA Nvidia Corp. put New 16,600 $3.1M AMZN Amazon.com Inc. put New 11,600 $2.5M TLT iShares 20+ Year Treasury BD put Sold out 27,500 $2.4Mbefore exit SBUX Starbucks Corp. put New 24,800 $2.1M ASHR Xtrackers Harvest Csi 300 CH call New 46,500 $1.5M OKLO Oklo Inc. put New 12,400 $1.4M DE Deere & Co. put New 3,000 $1.4M IONQ Ionq Inc. put New 19,700 $1.2M AFRM Affirm Holdings Inc. put New 16,400 $1.2M ORCL Oracle Corp. put New 4,100 $1.2M GM General Motors Co. put Sold out 22,300 $1.1Mbefore exit BABA Alibaba Group Holding-SP ADR call Sold out 8,500 $964Kbefore exit KWEB Kranesh Csi China Internet call New 20,700 $870K TSLA Tesla Inc. put New 1,900 $845K F Ford Motor Co. put Sold out 46,200 $501Kbefore exit SPY SS SPDR S&P 500 ETF Trust-US put Sold out 800 $494Kbefore exit HIMS Hims & Hers Health Inc. put New 6,100 $346K INMB Inmune Bio Inc. call Sold out 93,400 $117Kbefore exit ATYR Atyr Pharma Inc. call New 14,000 $10K
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