The Cohorts · Quarterly vintage
Inception 2026-01-01 · 0.5 years held
Q1 2026 · Top 5.
On 2026-01-01, these 5 businesses were the 5most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.
Q1 2026 · Top 5 · since inception
+1.2%
CAGR 2.5% annualised
S&P 500 · since inception
+10.1%
CAGR 22.9% annualised
Spread
-8.9%
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 20.0% 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% | +5.4% | Read → |
| 2 | ADBE | $349.99 | $1,763.11 | +450.7% | $195.16 | -44.2% | -8.8% | Read → |
| 3 | META | $658.91 | $2,776.35 | +321.4% | $577.22 | -12.4% | -2.5% | Read → |
| 4 | UNH | $325.70 | $1,185.10 | +263.9% | $400.96 | +23.1% | +4.6% | Read → |
| 5 | UNP | $228.93 | $761.95 | +232.8% | $256.88 | +12.2% | +2.4% | Read → |
Biggest contributors
Where the cohort earned its keep.
- OXY · $40.74 → $51.82+27.2%
- UNH · $325.70 → $400.96+23.1%
- UNP · $228.93 → $256.88+12.2%
Biggest detractors
Where the protocol got it wrong.
- ADBE · $349.99 → $195.16-44.2%
- META · $658.91 → $577.22-12.4%