The Cohorts · Quarterly vintage
Inception 2026-01-01 · 0.6 years held
Q1 2026 · Top 20.
On 2026-01-01, these 20 businesses were the 20most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.
Q1 2026 · Top 20 · since inception
+6.3%
CAGR 10.9% annualised
S&P 500 · since inception
+13.7%
CAGR 24.3% annualised
Spread
-7.4%
This cohort has trailed 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 5.0% of the portfolio.
| Rank | Ticker | Entry price | Entry IV | Entry Δ% | Current price | Return | Contribution | |
|---|---|---|---|---|---|---|---|---|
| 1 | OXY | $40.74 | $392.92 | +864.5% | $55.09 | +35.2% | +1.8% | Read → |
| 2 | ADBE | $349.99 | $1,397.39 | +336.5% | $257.49 | -26.4% | -1.3% | Read → |
| 3 | META | $658.91 | $2,435.91 | +269.7% | $587.94 | -10.8% | -0.5% | Read → |
| 4 | UNH | $325.70 | $1,043.28 | +220.3% | $407.55 | +25.1% | +1.3% | Read → |
| 5 | UNP | $228.93 | $658.06 | +187.5% | $296.35 | +29.5% | +1.5% | Read → |
| 6 | CAT | $569.39 | $1,620.72 | +184.6% | $876.54 | +53.9% | +2.7% | Read → |
| 7 | PG | $140.19 | $383.30 | +173.4% | $148.01 | +5.6% | +0.3% | Read → |
| 8 | GOOGL | $312.59 | $853.06 | +172.9% | $377.65 | +20.8% | +1.0% | Read → |
| 9 | V | $349.26 | $919.82 | +163.4% | $369.59 | +5.8% | +0.3% | Read → |
| 10 | NKE | $62.73 | $168.40 | +161.6% | $41.53 | -33.8% | -1.7% | Read → |
| 11 | MA | $568.09 | $1,429.45 | +151.6% | $571.10 | +0.5% | +0.0% | Read → |
| 12 | LOW | $237.47 | $645.33 | +144.3% | $218.08 | -8.2% | -0.4% | Read → |
| 13 | CVX | $149.56 | $361.69 | +141.8% | $190.40 | +27.3% | +1.4% | Read → |
| 14 | PEP | $140.77 | $328.19 | +132.7% | $139.10 | -1.2% | -0.1% | Read → |
| 15 | MSFT | $481.48 | $1,111.14 | +130.8% | $492.81 | +2.4% | +0.1% | Read → |
| 16 | JNJ | $204.68 | $471.19 | +129.5% | $254.93 | +24.6% | +1.2% | Read → |
| 17 | COST | $858.55 | $1,918.82 | +117.5% | $947.85 | +10.4% | +0.5% | Read → |
| 18 | WMT | $110.97 | $243.35 | +105.1% | $111.55 | +0.5% | +0.0% | Read → |
| 19 | MCD | $301.88 | $604.77 | +100.3% | $268.34 | -11.1% | -0.6% | Read → |
| 20 | ORCL | $193.05 | $362.89 | +82.3% | $145.74 | -24.5% | -1.2% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $569.39 → $876.54+53.9%
- OXY · $40.74 → $55.09+35.2%
- UNP · $228.93 → $296.35+29.5%
Biggest detractors
Where the protocol got it wrong.
- NKE · $62.73 → $41.53-33.8%
- ADBE · $349.99 → $257.49-26.4%
- ORCL · $193.05 → $145.74-24.5%