Dauntless Investment Group, LLC

Fundamental concentrated ★Signal CIK 2044285
Long book
$35.6M
Q1 2026
Positions
61
Top-10 weight
57%
concentration
Last quarter
+3.9%
SPY +14.8%
Turnover
54%
of book per quarter

Strategy in plain words

auto-generated from filings

Dauntless Investment Group, LLC is a concentrated fundamental stock-picker, running a $35.6M US long book across 61 positions.

The portfolio is concentrated: the top 10 names carry 57% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: INNOVIVA INC, FEMASYS INC COM, TIZIANA LIFE SCIENCES LTD, AEON BIOPHARMA INC, LINCOLN EDUCATIONAL SERVICES.

Over the last 6 quarters its long book ran on average 4.2pp per quarter ahead of the S&P 500, beating the index in 3 of 6 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
+8.7%
Q1 2025
+22.8%
Q2 2025
+7.1%
Q3 2025
-1.5%
Q4 2025
+12.0%
Q1 2026
+3.9%

Sector allocation

Healthcare
57%
Consumer staples
11%
Services media
10%
Real estate
7%
Financials
4%
Energy
4%
Technology
2%
Industrials
2%

Long book by quarter

$23.7M
Q4 2024
$27.1M
Q1 2025
$21.3M
Q2 2025
$38.1M
Q3 2025
$27.2M
Q4 2025
$35.6M
Q1 2026

What does Dauntless Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
INVA INNOVIVA INCHealthcare122.4K$2.9M8.0%+2109.8%
TLSA TIZIANA LIFE SCIENCES LTDHealthcare2.2M$2.5M7.1%+23.0%
AEON AEON BIOPHARMA INCHealthcare2.5M$2.5M7.0%+18.6%
LINC LINCOLN EDUCATIONAL SERVICESServices media59.4K$2.4M6.8%+6.1%
JOE ST JOE CO/THEReal estate32.3K$2.0M5.7%-24.5%
PROF PROFOUND MEDICAL CORPHealthcare240.7K$1.6M4.4%+218.5%
TOI ONCOLOGY INSTITUTE INC/THEHealthcare462.1K$1.4M4.0%New
PPC PILGRIM'S PRIDE CORPConsumer staples31.4K$1.2M3.3%New
CALM CAL-MAINE FOODS INCConsumer staples14.2K$1.1M3.2%New
MPC MARATHON PETROLEUM CORPEnergy4.2K$1.0M2.9%-29.9%
UNCY UNICYCIVE THERAPEUTICS INCHealthcare147.1K$968K2.7%+64.5%
ARMP ARMATA PHARMACEUTICALS INCHealthcare90.6K$928K2.6%+1377.4%
MRX MAREX GROUP PLCFinancials20.3K$906K2.5%-7.6%
TRAW TRAWS PHARMA INCHealthcare417.0K$763K2.1%New
PTCT PTC THERAPEUTICS INCHealthcare8.4K$570K1.6%+75.6%
ESTA ESTABLISHMENT LABS HOLDINGSHealthcare9.4K$535K1.5%-24.5%
UTI UNIVERSAL TECHNICAL INSTITUTServices media14.6K$526K1.5%-18.6%
COUR COURSERA INCTechnology88.2K$513K1.4%+599.7%
CPA COPA HOLDINGS SA-CLASS AIndustrials4.3K$489K1.4%New
DOLE DOLE PLCConsumer staples33.0K$472K1.3%-45.9%
CAPR CAPRICOR THERAPEUTICS INCHealthcare14.1K$428K1.2%New
STIM NEURONETICS INCHealthcare269.2K$390K1.1%+67.3%
XP XP INC - CLASS AFinancials20.2K$384K1.1%-56.8%
JBS JBS NV-AConsumer staples21.3K$383K1.1%-73.8%
CRIS CURIS INCHealthcare658.7K$362K1.0%New
DC DAKOTA GOLD CORPMaterials69.0K$349K1.0%New
CGTX COGNITION THERAPEUTICS INCHealthcare431.0K$327K0.9%-7.5%
TLPH TALPHERA INCHealthcare435.2K$325K0.9%-24.9%
ACIU AC IMMUNE SAHealthcare107.5K$296K0.8%-7.1%
MPLX MPLX LPEnergy5.2K$295K0.8%New
ET ENERGY TRANSFER LPUtilities12.3K$237K0.7%New
INMB INMUNE BIO INCHealthcare183.5K$207K0.6%-39.8%
VSTM VERASTEM INCHealthcare36.8K$195K0.5%New
EPD ENTERPRISE PRODUCTS PARTNERSUtilities5.1K$193K0.5%New
VITL VITAL FARMS INCConsumer staples11.6K$164K0.5%New
CHRS COHERUS ONCOLOGY INCHealthcare76.1K$129K0.4%New
MLP MAUI LAND & PINEAPPLE COReal estate5.4K$83K0.2%-32.4%
AEM AGNICO EAGLE MINES LTDMaterials272$55K0.2%-15.0%
TVA TEXAS VENTURES ACQUISITION-AFinancials4.0K$42K0.1%-89.8%
CCCC C4 THERAPEUTICS INCHealthcare15.0K$39K0.1%New
KRYS KRYSTAL BIOTECH INCHealthcare73$19K0.1%New
RTAC RENATUS TACTICAL ACQUISITI-AFinancials1.8K$19K0.1%-98.0%
ACON ACLARION INCHealthcare5.4K$18K0.0%Held
AEXA AMERICAN EXCEPTIONALISM-CL AFinancials670$7K0.0%-96.6%
OKYO OKYO PHARMA LTDHealthcare3.8K$6K0.0%-99.2%
AGRO ADECOAGRO SAConsumer staples351$5K0.0%-99.8%
SVAC SPRING VALLEY ACQUISITION-AUtilities493$5K0.0%New
CUE CUE BIOPHARMA INCHealthcare2.4K$5550.0%New
AZTR AZITRA INCHealthcare1.0K$2340.0%New
AIRS AIRSCULPT TECHNOLOGIES INCHealthcare1$30.0%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202669$151.0Mconfidential canonicalSEC ↗
Q4 202513F-HRFeb 17, 202671$125.9Mconfidential canonicalSEC ↗
Q3 202513F-HRNov 14, 202565$160.0Mconfidential canonicalSEC ↗
Q2 202513F-HRAug 14, 202569$57.3Mconfidential canonicalSEC ↗
Q1 202513F-HRMay 7, 202556$85.4Mconfidential canonicalSEC ↗
Q4 202413F-HRFeb 14, 202562$95.1Mconfidential canonicalSEC ↗