The Cohorts · Quarterly vintage
Inception 2025-04-01 · 1.5 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
+41.5%
CAGR 26.7% annualised
S&P 500 · since inception
+38.0%
CAGR 24.6% annualised
Spread
+3.5%
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 | $47.71 | $430.98 | +800.3% | $58.84 | +23.3% | +2.3% | Read → |
| 2 | CAT | $324.86 | $2,269.27 | +600.2% | $808.99 | +149.0% | +14.9% | Read → |
| 3 | BAC | $40.16 | $235.39 | +482.7% | $57.73 | +43.7% | +4.4% | Read → |
| 4 | GOOGL | $156.33 | $876.56 | +469.5% | $349.54 | +123.6% | +12.4% | Read → |
| 5 | META | $583.64 | $2,570.19 | +347.7% | $665.75 | +14.1% | +1.4% | Read → |
| 6 | JPM | $236.48 | $995.39 | +318.1% | $349.67 | +47.9% | +4.8% | Read → |
| 7 | CVX | $158.41 | $515.51 | +227.8% | $209.51 | +32.3% | +3.2% | Read → |
| 8 | UNH | $502.79 | $1,637.32 | +225.3% | $376.90 | -25.0% | -2.5% | Read → |
| 9 | LOW | $226.89 | $719.77 | +225.0% | $192.49 | -15.2% | -1.5% | Read → |
| 10 | UNP | $229.44 | $729.50 | +219.2% | $279.37 | +21.8% | +2.2% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $324.86 → $808.99+149.0%
- GOOGL · $156.33 → $349.54+123.6%
- JPM · $236.48 → $349.67+47.9%
Biggest detractors
Where the protocol got it wrong.
- UNH · $502.79 → $376.90-25.0%
- LOW · $226.89 → $192.49-15.2%