The Cohorts · Quarterly vintage
Inception 2025-07-01 · 1.2 years held
Q3 2025 · Top 10.
On 2025-07-01, these 10 businesses were the 10most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.
Q3 2025 · Top 10 · since inception
+35.6%
CAGR 28.4% annualised
S&P 500 · since inception
+25.0%
CAGR 20.1% annualised
Spread
+10.6%
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 | CVX | $138.51 | $1,353.86 | +893.7% | $209.51 | +51.3% | +5.1% | Read → |
| 2 | OXY | $41.80 | $368.43 | +799.2% | $58.84 | +40.8% | +4.1% | Read → |
| 3 | BAC | $46.88 | $300.89 | +553.0% | $57.73 | +23.1% | +2.3% | Read → |
| 4 | UNH | $315.69 | $1,896.86 | +528.2% | $376.90 | +19.4% | +1.9% | Read → |
| 5 | CAT | $386.02 | $2,293.66 | +498.3% | $808.99 | +109.6% | +11.0% | Read → |
| 6 | GOOGL | $175.23 | $724.18 | +312.4% | $349.54 | +99.5% | +9.9% | Read → |
| 7 | JPM | $283.59 | $1,117.86 | +261.2% | $349.67 | +23.3% | +2.3% | Read → |
| 8 | LOW | $222.85 | $776.29 | +249.9% | $192.49 | -13.6% | -1.4% | Read → |
| 9 | WMT | $97.19 | $331.89 | +242.4% | $106.73 | +9.8% | +1.0% | Read → |
| 10 | META | $716.87 | $2,439.24 | +231.6% | $665.75 | -7.1% | -0.7% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $386.02 → $808.99+109.6%
- GOOGL · $175.23 → $349.54+99.5%
- CVX · $138.51 → $209.51+51.3%
Biggest detractors
Where the protocol got it wrong.
- LOW · $222.85 → $192.49-13.6%
- META · $716.87 → $665.75-7.1%