The Cohorts · Quarterly vintage
Inception 2025-04-01 · 1.2 years held
Q2 2025 · Top 10.
On 2025-04-01, these 10 businesses were the 10most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.
Q2 2025 · Top 10 · since inception
+41.8%
CAGR 33.2% annualised
S&P 500 · since inception
+35.0%
CAGR 27.9% annualised
Spread
+6.8%
This cohort has beaten the index.
Other cohorts at the same inception
The constituents.
Ranked, on the inception date, by Δ% to intrinsic value. Each holding is equal-weighted at 10.0% of the portfolio.
| Rank | Ticker | Entry price | Entry IV | Entry Δ% | Current price | Return | Contribution | |
|---|---|---|---|---|---|---|---|---|
| 1 | OXY | $47.93 | $500.22 | +940.1% | $51.82 | +8.1% | +0.8% | Read → |
| 2 | CAT | $325.46 | $2,650.98 | +716.4% | $985.82 | +202.9% | +20.3% | Read → |
| 3 | BAC | $40.37 | $274.01 | +574.9% | $56.20 | +39.2% | +3.9% | Read → |
| 4 | GOOGL | $156.43 | $1,023.75 | +564.7% | $368.03 | +135.3% | +13.5% | Read → |
| 5 | META | $583.64 | $3,000.24 | +422.7% | $577.22 | -1.1% | -0.1% | Read → |
| 6 | JPM | $237.55 | $1,159.62 | +384.9% | $325.22 | +36.9% | +3.7% | Read → |
| 7 | CVX | $159.79 | $598.33 | +277.2% | $173.63 | +8.7% | +0.9% | Read → |
| 8 | UNH | $505.88 | $1,905.03 | +276.1% | $400.96 | -20.7% | -2.1% | Read → |
| 9 | UNP | $230.51 | $849.13 | +269.8% | $256.88 | +11.4% | +1.1% | Read → |
| 10 | LOW | $228.29 | $791.17 | +255.1% | $222.20 | -2.7% | -0.3% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $325.46 → $985.82+202.9%
- GOOGL · $156.43 → $368.03+135.3%
- BAC · $40.37 → $56.20+39.2%
Biggest detractors
Where the protocol got it wrong.
- UNH · $505.88 → $400.96-20.7%
- LOW · $228.29 → $222.20-2.7%
- META · $583.64 → $577.22-1.1%