The Cohorts · Quarterly vintage
Inception 2026-01-01 · 0.5 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
+2.9%
CAGR 6.4% annualised
S&P 500 · since inception
+10.1%
CAGR 22.9% annualised
Spread
-7.1%
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 | $446.48 | +996.0% | $51.82 | +27.2% | +1.4% | Read → |
| 2 | ADBE | $349.99 | $1,763.11 | +450.7% | $195.16 | -44.2% | -2.2% | Read → |
| 3 | META | $658.91 | $2,776.35 | +321.4% | $577.22 | -12.4% | -0.6% | Read → |
| 4 | UNH | $325.70 | $1,185.10 | +263.9% | $400.96 | +23.1% | +1.2% | Read → |
| 5 | UNP | $228.93 | $761.95 | +232.8% | $256.88 | +12.2% | +0.6% | Read → |
| 6 | CAT | $570.45 | $1,846.52 | +223.7% | $985.82 | +72.8% | +3.6% | Read → |
| 7 | NKE | $62.73 | $202.05 | +213.8% | $45.20 | -27.9% | -1.4% | Read → |
| 8 | GOOGL | $312.59 | $972.96 | +211.3% | $368.03 | +17.7% | +0.9% | Read → |
| 9 | PG | $141.24 | $435.92 | +208.6% | $150.38 | +6.5% | +0.3% | Read → |
| 10 | V | $349.26 | $1,048.59 | +200.2% | $327.24 | -6.3% | -0.3% | Read → |
| 11 | MA | $569.05 | $1,630.16 | +186.5% | $489.79 | -13.9% | -0.7% | Read → |
| 12 | CVX | $149.56 | $410.86 | +174.7% | $173.63 | +16.1% | +0.8% | Read → |
| 13 | JNJ | $204.68 | $556.54 | +171.1% | $228.39 | +11.6% | +0.6% | Read → |
| 14 | PEP | $140.77 | $382.12 | +171.0% | $142.02 | +0.9% | +0.0% | Read → |
| 15 | COST | $859.92 | $2,388.21 | +170.3% | $951.45 | +10.6% | +0.5% | Read → |
| 16 | LOW | $238.93 | $699.94 | +163.3% | $222.20 | -7.0% | -0.4% | Read → |
| 17 | MSFT | $481.48 | $1,266.44 | +163.0% | $379.40 | -21.2% | -1.1% | Read → |
| 18 | MCD | $301.88 | $687.80 | +127.8% | $278.61 | -7.7% | -0.4% | Read → |
| 19 | WMT | $110.97 | $264.51 | +122.9% | $117.18 | +5.6% | +0.3% | Read → |
| 20 | ORCL | $193.72 | $437.11 | +118.9% | $184.29 | -4.9% | -0.2% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $570.45 → $985.82+72.8%
- OXY · $40.74 → $51.82+27.2%
- UNH · $325.70 → $400.96+23.1%
Biggest detractors
Where the protocol got it wrong.
- ADBE · $349.99 → $195.16-44.2%
- NKE · $62.73 → $45.20-27.9%
- MSFT · $481.48 → $379.40-21.2%