The Cohorts · Quarterly vintage
Inception 2025-04-01 · 1.3 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
+45.8%
CAGR 32.4% annualised
S&P 500 · since inception
+39.4%
CAGR 28.1% annualised
Spread
+6.4%
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 | $453.38 | +842.7% | $55.09 | +14.9% | +1.5% | Read → |
| 2 | CAT | $324.86 | $2,392.72 | +638.3% | $876.54 | +169.8% | +17.0% | Read → |
| 3 | BAC | $40.37 | $247.88 | +510.5% | $62.90 | +55.8% | +5.6% | Read → |
| 4 | GOOGL | $156.43 | $924.17 | +500.1% | $377.65 | +141.4% | +14.1% | Read → |
| 5 | META | $583.64 | $2,709.28 | +372.0% | $587.94 | +0.7% | +0.1% | Read → |
| 6 | JPM | $236.48 | $1,048.51 | +340.4% | $357.52 | +51.2% | +5.1% | Read → |
| 7 | LOW | $226.89 | $757.78 | +242.2% | $218.08 | -3.9% | -0.4% | Read → |
| 8 | CVX | $159.79 | $542.30 | +241.9% | $190.40 | +19.2% | +1.9% | Read → |
| 9 | UNH | $505.88 | $1,723.91 | +240.4% | $407.55 | -19.4% | -1.9% | Read → |
| 10 | UNP | $230.51 | $768.19 | +234.6% | $296.35 | +28.6% | +2.9% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $324.86 → $876.54+169.8%
- GOOGL · $156.43 → $377.65+141.4%
- BAC · $40.37 → $62.90+55.8%
Biggest detractors
Where the protocol got it wrong.
- UNH · $505.88 → $407.55-19.4%
- LOW · $226.89 → $218.08-3.9%