Dauntless Investment Group, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Dauntless Investment Group, LLC reported 61 stock positions worth $35.6 million. Its top holding was Innoviva (INVA) at 8.0% of the portfolio, followed by Femasys (FEMY, 7.1%) and Tiziana Life Sciences (TLSA, 7.1%). Compared with Q4 2025, it opened 24 new positions, sold out of 17, added to 13 and reduced 22. The biggest buy was Innoviva (INVA, shares +2110%) and the biggest sale Adecoagro (AGRO, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- Milford, MI
- CIK
- 0002044285
- Portfolio Value
- $35.6M (Q1 2026)
- SEC Filing
- 0002071844-26-000522 ↗ filed May 14, 2026
Holdings Value
Holdings 61 stocks · $35.6M
| INVA Innoviva Inc. | 8.02% | 122,402 | $2.9M | Add +2109.8% |
| FEMY Femasys Inc. | 7.12% | 6,033,030 | $2.5M | Add +1.7% |
| TLSA Tiziana Life Sciences Ltd. | 7.12% | 2,165,231 | $2.5M | Add +23.0% |
| AEON Aeon Biopharma Inc. | 7.00% | 2,527,775 | $2.5M | Add +18.6% |
| LINC Lincoln Educational Services | 6.80% | 59,439 | $2.4M | Add +6.1% |
| JOE The St Joe Co. | 5.69% | 32,253 | $2.0M | Reduce -24.5% |
| PROF Profound Medical Corp. | 4.38% | 240,739 | $1.6M | Add +218.5% |
| STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC | 3.99% | 462,057 | $1.4M | New |
| QNRX Quoin Pharmaceuticals LT-ADR | 3.65% | 196,592 | $1.3M | New |
| PPC Pilgrim's Pride Corp. | 3.33% | 31,384 | $1.2M | New |
| CALM Cal-Maine Foods Inc. | 3.16% | 14,227 | $1.1M | New |
| MPC Marathon Petroleum Corp. | 2.85% | 4,156 | $1.0M | Reduce -29.9% |
| UNCY Unicycive Therapeutics Inc. | 2.72% | 147,087 | $968K | Add +64.5% |
| ARMP Armata Pharmaceuticals Inc. | 2.61% | 90,580 | $928K | Add +1377.4% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 2.55% | 20,322 | $906K | Reduce -7.6% |
| TRAW Traws Pharma Inc. | 2.14% | 416,998 | $763K | New |
| KZIA Kazia Therapeutics-Spon ADR | 1.67% | 79,832 | $594K | Add +7983100.0% |
| PTCT PTC Therapeutics Inc. | 1.60% | 8,362 | $570K | Add +75.6% |
| ESTA Establishment Labs Holdings | 1.50% | 9,428 | $535K | Reduce -24.6% |
| UTI Universal Technical Institut | 1.48% | 14,581 | $526K | Reduce -18.6% |
| COUR Coursera Inc. | 1.44% | 88,172 | $513K | Add +599.7% |
| CPA Copa Holdings SA Class A | 1.37% | 4,304 | $489K | New |
| DOLE Dole PLC | 1.33% | 33,013 | $472K | Reduce -45.9% |
| CAPR Capricor Therapeutics Inc. | 1.20% | 14,070 | $428K | New |
| STIM Neuronetics Inc. | 1.10% | 269,208 | $390K | Add +67.3% |
| XP XP Inc. Class A | 1.08% | 20,176 | $384K | Reduce -56.8% |
| JBS JBS NV-A | 1.08% | 21,308 | $383K | Reduce -73.8% |
| EKSO BIONICS HLDGS INC | 1.06% | 35,493 | $378K | New |
| CRIS Curis Inc. | 1.02% | 658,725 | $362K | New |
| DC Dakota Gold Corp. | 0.98% | 69,041 | $349K | New |
| CGTX Cognition Therapeutics Inc. | 0.92% | 431,000 | $327K | Reduce -7.5% |
| TLPH Talphera Inc. | 0.91% | 435,234 | $325K | Reduce -24.9% |
| ACIU Ac Immune SA | 0.83% | 107,489 | $296K | Reduce -7.1% |
| MPLX MPLX LP | 0.83% | 5,170 | $295K | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 0.71% | 1,854 | $254K | New |
| ET Energy Transfer LP | 0.67% | 12,300 | $237K | New |
| INMB Inmune Bio Inc. | 0.58% | 183,476 | $207K | Reduce -39.8% |
| VSTM Verastem Inc. | 0.55% | 36,750 | $195K | New |
| EPD Enterprise Products Partners | 0.54% | 5,100 | $193K | New |
| VITL Vital Farms Inc. | 0.46% | 11,603 | $164K | New |
| ADAG Adagene Inc.-ADR | 0.38% | 34,775 | $136K | New |
| CHRS Coherus Oncology Inc. | 0.36% | 76,087 | $129K | New |
| ERNEXA THERAPEUTICS INC | 0.34% | 612,443 | $122K | New |
| MLP Maui Land & Pineapple Co. filed as MAUI LD & PINEAPPLE INC | 0.23% | 5,397 | $83K | Reduce -32.4% |
| AEM Agnico Eagle Mines Ltd. | 0.16% | 272 | $55K | Reduce -15.0% |
| TVA Texas Ventures Acquisition-A | 0.12% | 4,018 | $42K | Reduce -89.8% |
| CCCC C4 Therapeutics Inc. | 0.11% | 15,000 | $39K | New |
| KRYS Krystal Biotech Inc. | 0.05% | 73 | $19K | Add +0.0% |
| RTAC Renatus Tactical Acquisiti-A | 0.05% | 1,813 | $19K | Reduce -98.0% |
| ACON Aclarion Inc. | 0.05% | 5,422 | $18K | No change |
| AEXA American Exceptionalism Class A | 0.02% | 670 | $7K | Reduce -96.6% |
| OKYO Okyo Pharma Ltd. | 0.02% | 3,819 | $6K | Reduce -99.2% |
| AGRO Adecoagro SA | 0.01% | 351 | $5K | Reduce -99.8% |
| GFUZ General Fusion Group Ltd. filed as SPRING VY ACQUISITION CORP I | 0.01% | 493 | $5K | New |
| PPLT Abrdn Physical Platinum SHRS | 0.01% | 24 | $4K | Reduce -96.5% |
| DSL Doubleline Income Solutions | 0.01% | 326 | $4K | No change |
| NWAX.U New America Acquisition I Co. | 0.01% | 172 | $2K | Reduce -99.6% |
| CUE Cue Biopharma Inc. | 0.00% | 2,416 | $555 | New |
| AZTR Azitra Inc. | 0.00% | 1,000 | $234 | New |
| AIRS Airsculpt Technologies Inc. | 0.00% | 1 | $3 | New |
| NAK Northern Dynasty Minerals | 0.00% | 1 | $1 | Reduce -99.9% |
Options reported separately and not counted above: IEF calls ($78.7M), KWEB calls ($10.7M), XLY puts ($8.5M), IWM puts ($7.0M), ASHR calls ($4.0M), FXI calls ($3.3M), COUR calls ($1.9M), TROW puts ($1.3M).
Portfolio Sells Q4 2025 → Q1 2026
| AGRO Adecoagro SA | Reduce -99.8% | 0.01% | −4.97 |
| JOE The St Joe Co. | Reduce -24.5% | 5.69% | −3.63 |
| RTAC Renatus Tactical Acquisiti-A | Reduce -98.0% | 0.05% | −3.50 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −3.38 |
| JBS JBS NV-A | Reduce -73.8% | 1.08% | −3.24 |
| PBF PBF Energy Inc. Class A | Sold out | 0.00% | −3.07 |
| OKYO Okyo Pharma Ltd. | Reduce -99.2% | 0.02% | −2.73 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −2.50 |
| ALB Albemarle Corp. | Sold out | 0.00% | −2.15 |
| DOLE Dole PLC | Reduce -45.9% | 1.33% | −2.04 |
| ESTA Establishment Labs Holdings | Reduce -24.6% | 1.50% | −1.84 |
| XP XP Inc. Class A | Reduce -56.8% | 1.08% | −1.73 |
| NWAX.U New America Acquisition I Co. | Reduce -99.6% | 0.01% | −1.61 |
| TLPH Talphera Inc. | Reduce -24.9% | 0.91% | −1.52 |
| BBJP JPMorgan Betabuilders Japan | Sold out | 0.00% | −1.49 |
| TVA Texas Ventures Acquisition-A | Reduce -89.8% | 0.12% | −1.43 |
| CGTX Cognition Therapeutics Inc. | Reduce -7.5% | 0.92% | −1.39 |
| NRDY Nerdy Inc. | Sold out | 0.00% | −1.27 |
| ZURA Zura Bio Ltd. | Sold out | 0.00% | −1.18 |
| INMB Inmune Bio Inc. | Reduce -39.8% | 0.58% | −1.17 |
| EWT iShares MSCI Taiwan ETF | Sold out | 0.00% | −1.15 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Sold out | 0.00% | −1.07 |
| IOBTQ Io Biotech Inc. | Sold out | 0.00% | −1.01 |
| ICCC Immucell Corp. | Sold out | 0.00% | −0.90 |
| AEXA American Exceptionalism Class A | Reduce -96.6% | 0.02% | −0.81 |
| MPC Marathon Petroleum Corp. | Reduce -29.9% | 2.85% | −0.69 |
| MRX Marex UK Holdings Ltd. | Reduce -7.6% | 2.55% | −0.56 |
| ACIU Ac Immune SA | Reduce -7.1% | 0.83% | −0.51 |
| PPLT Abrdn Physical Platinum SHRS | Reduce -96.5% | 0.01% | −0.46 |
| MLP Maui Land & Pineapple Co. | Reduce -32.4% | 0.23% | −0.26 |
| UTI Universal Technical Institut | Reduce -18.6% | 1.48% | −0.24 |
| GXC State Street SPDR S&P China | Sold out | 0.00% | −0.12 |
| AEM Agnico Eagle Mines Ltd. | Reduce -15.0% | 0.16% | −0.04 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.04 |
| NAK Northern Dynasty Minerals | Reduce -99.9% | 0.00% | −0.01 |
| BAK Braskem SA Class A- ADR | Sold out | 0.00% | −0.00 |
| KGC Kinross Gold Corp. | Sold out | 0.00% | −0.00 |
| CRVO Cervomed Inc. | Sold out | 0.00% | 0.00 |
| VTYX Ventyx Biosciences Inc. | Sold out | 0.00% | 0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| INVA Innoviva Inc. | Add +2109.8% | 8.02% | +7.61 |
| FEMY Femasys Inc. | Add +1.7% | 7.12% | +4.00 |
| STLN Starling Oncology Inc. | New | 3.99% | +3.99 |
| QNRX Quoin Pharmaceuticals LT-ADR | New | 3.65% | +3.65 |
| PPC Pilgrim's Pride Corp. | New | 3.33% | +3.33 |
| CALM Cal-Maine Foods Inc. | New | 3.16% | +3.16 |
| ARMP Armata Pharmaceuticals Inc. | Add +1377.4% | 2.61% | +2.47 |
| TLSA Tiziana Life Sciences Ltd. | Add +23.0% | 7.12% | +2.45 |
| PROF Profound Medical Corp. | Add +218.5% | 4.38% | +2.20 |
| TRAW Traws Pharma Inc. | New | 2.14% | +2.14 |
| AEON Aeon Biopharma Inc. | Add +18.6% | 7.00% | +2.12 |
| LINC Lincoln Educational Services | Add +6.1% | 6.80% | +1.82 |
| KZIA Kazia Therapeutics-Spon ADR | Add +7983100.0% | 1.67% | +1.67 |
| CPA Copa Holdings SA Class A | New | 1.37% | +1.37 |
| CAPR Capricor Therapeutics Inc. | New | 1.20% | +1.20 |
| COUR Coursera Inc. | Add +599.7% | 1.44% | +1.10 |
| EKSO BIONICS HLDGS INC | New | 1.06% | +1.06 |
| CRIS Curis Inc. | New | 1.02% | +1.02 |
| DC Dakota Gold Corp. | New | 0.98% | +0.98 |
| MPLX MPLX LP | New | 0.83% | +0.83 |
| UNCY Unicycive Therapeutics Inc. | Add +64.5% | 2.72% | +0.82 |
| FUTU Futu Holdings Ltd.-ADR | New | 0.71% | +0.71 |
| ET Energy Transfer LP | New | 0.67% | +0.67 |
| VSTM Verastem Inc. | New | 0.55% | +0.55 |
| EPD Enterprise Products Partners | New | 0.54% | +0.54 |
| VITL Vital Farms Inc. | New | 0.46% | +0.46 |
| ADAG Adagene Inc.-ADR | New | 0.38% | +0.38 |
| CHRS Coherus Oncology Inc. | New | 0.36% | +0.36 |
| ERNEXA THERAPEUTICS INC | New | 0.34% | +0.34 |
| STIM Neuronetics Inc. | Add +67.3% | 1.10% | +0.28 |
| PTCT PTC Therapeutics Inc. | Add +75.6% | 1.60% | +0.27 |
| CCCC C4 Therapeutics Inc. | New | 0.11% | +0.11 |
| KRYS Krystal Biotech Inc. | Add +0.0% | 0.05% | +0.05 |
| GFUZ General Fusion Group Ltd. | New | 0.01% | +0.01 |
| CUE Cue Biopharma Inc. | New | 0.00% | +0.00 |
| AZTR Azitra Inc. | New | 0.00% | +0.00 |
| AIRS Airsculpt Technologies Inc. | New | 0.00% | 0.00 |
Options Activity Q4 2025 → Q1 2026
| IEF iShares 7-10 Year Treasury B | call | New | 824,700 | $78.7M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Sold out | 443,600 | $35.8Mbefore exit |
| XBI SS SPDR S&P Biotech ETF | put | Sold out | 255,400 | $31.1Mbefore exit |
| KWEB Kranesh Csi China Internet | call | Add +2344.2% | 376,400 | $10.7M |
| XLY SS Consumer Disc Select Sect | put | New | 78,000 | $8.5M |
| IWM iShares Russell 2000 ETF | put | New | 28,400 | $7.0M |
| NVDA Nvidia Corp. | put | Sold out | 37,400 | $7.0Mbefore exit |
| GDX Vaneck Gold Miners ETF | put | Sold out | 67,200 | $5.8Mbefore exit |
| ASHR Xtrackers Harvest Csi 300 CH | call | Add +2.3% | 123,400 | $4.0M |
| DE Deere & Co. | put | Sold out | 7,200 | $3.4Mbefore exit |
| FXI iShares China Large-Cap ETF | call | Reduce -15.9% | 90,800 | $3.3M |
| TSLA Tesla Inc. | put | Sold out | 5,500 | $2.5Mbefore exit |
| CVNA Carvana Co. | put | Sold out | 4,900 | $2.1Mbefore exit |
| COUR Coursera Inc. | call | New | 324,500 | $1.9M |
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 7,700 | $1.4Mbefore exit |
| TROW T Rowe Price Group Inc. | put | New | 14,800 | $1.3M |
| CRWV Coreweave Inc. Class A | put | Sold out | 16,800 | $1.2Mbefore exit |
| ATYR Atyr Pharma Inc. | call | Sold out | 14,000 | $11Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| AXSM Axsome Therapeutics Inc. | COM | Sold out | 0 | $0before exit |
| BBIO Bridgebio Pharma Inc. | COM | Sold out | 0 | $0before exit |
| MDGL Madrigal Pharmaceuticals Inc. | COM | Sold out | 0 | $0before exit |
| VGSH Vanguard Short-Term Treasury | SHORT TERM TREAS | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |