The Cohorts · Quarterly vintage
Inception 2025-07-01 · 1.0 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
+37.2%
CAGR 38.6% annualised
S&P 500 · since inception
+22.2%
CAGR 23.0% annualised
Spread
+15.0%
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 | $139.72 | $1,572.19 | +1044.0% | $173.63 | +24.3% | +2.4% | Read → |
| 2 | OXY | $41.99 | $425.18 | +933.0% | $51.82 | +23.4% | +2.3% | Read → |
| 3 | BAC | $47.12 | $347.61 | +650.6% | $56.20 | +19.3% | +1.9% | Read → |
| 4 | UNH | $317.63 | $2,196.00 | +622.8% | $400.96 | +26.2% | +2.6% | Read → |
| 5 | CAT | $386.73 | $2,663.41 | +593.5% | $985.82 | +154.9% | +15.5% | Read → |
| 6 | GOOGL | $175.34 | $839.97 | +378.0% | $368.03 | +109.9% | +11.0% | Read → |
| 7 | JPM | $284.87 | $1,355.17 | +335.9% | $325.22 | +14.2% | +1.4% | Read → |
| 8 | LOW | $224.23 | $902.69 | +304.4% | $222.20 | -0.9% | -0.1% | Read → |
| 9 | META | $716.87 | $2,829.34 | +284.6% | $577.22 | -19.5% | -1.9% | Read → |
| 10 | WMT | $97.43 | $357.60 | +268.0% | $117.18 | +20.3% | +2.0% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $386.73 → $985.82+154.9%
- GOOGL · $175.34 → $368.03+109.9%
- UNH · $317.63 → $400.96+26.2%
Biggest detractors
Where the protocol got it wrong.
- META · $716.87 → $577.22-19.5%
- LOW · $224.23 → $222.20-0.9%