The Cohorts · Quarterly vintage
Inception 2026-04-01 · 0.5 years held
Q2 2026 · Top 20.
On 2026-04-01, these 20 businesses were the 20most-undervalued names in our coverage universe by Mr. Market's protocol. We've held them, equal-weighted, since.
Q2 2026 · Top 20 · since inception
+7.8%
CAGR 17.4% annualised
S&P 500 · since inception
+16.8%
CAGR 39.4% annualised
Spread
-9.0%
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 | ADBE | $241.37 | $1,627.10 | +520.1% | $248.92 | +3.1% | +0.2% | Read → |
| 2 | BAC | $48.77 | $285.26 | +491.2% | $57.73 | +18.4% | +0.9% | Read → |
| 3 | OXY | $61.66 | $360.37 | +459.5% | $58.84 | -4.6% | -0.2% | Read → |
| 4 | META | $578.69 | $3,047.14 | +433.1% | $665.75 | +15.0% | +0.8% | Read → |
| 5 | GOOGL | $297.02 | $1,072.65 | +273.5% | $349.54 | +17.7% | +0.9% | Read → |
| 6 | ORCL | $144.22 | $506.99 | +251.1% | $147.61 | +2.3% | +0.1% | Read → |
| 7 | UNH | $270.76 | $928.54 | +247.2% | $376.90 | +39.2% | +2.0% | Read → |
| 8 | MSFT | $367.88 | $1,117.13 | +203.0% | $493.78 | +34.2% | +1.7% | Read → |
| 9 | V | $297.34 | $898.87 | +198.6% | $368.29 | +23.9% | +1.2% | Read → |
| 10 | MA | $489.99 | $1,356.11 | +172.3% | $565.24 | +15.4% | +0.8% | Read → |
| 11 | LOW | $233.41 | $601.50 | +159.4% | $192.49 | -17.5% | -0.9% | Read → |
| 12 | UNP | $240.75 | $615.60 | +156.2% | $279.37 | +16.0% | +0.8% | Read → |
| 13 | PG | $141.95 | $364.60 | +156.2% | $146.39 | +3.1% | +0.2% | Read → |
| 14 | NKE | $43.77 | $152.79 | +152.2% | $35.51 | -18.9% | -0.9% | Read → |
| 15 | CAT | $727.58 | $1,668.33 | +136.4% | $808.99 | +11.2% | +0.6% | Read → |
| 16 | KO | $75.14 | $152.83 | +101.7% | $88.25 | +17.4% | +0.9% | Read → |
| 17 | MCD | $303.07 | $617.04 | +101.3% | $248.24 | -18.1% | -0.9% | Read → |
| 18 | PEP | $151.42 | $295.00 | +100.8% | $129.75 | -14.3% | -0.7% | Read → |
| 19 | WMT | $124.21 | $258.51 | +96.8% | $106.73 | -14.1% | -0.7% | Read → |
| 20 | NVDA | $175.35 | $361.29 | +67.2% | $222.27 | +26.8% | +1.3% | Read → |
Biggest contributors
Where the cohort earned its keep.
- UNH · $270.76 → $376.90+39.2%
- MSFT · $367.88 → $493.78+34.2%
- NVDA · $175.35 → $222.27+26.8%
Biggest detractors
Where the protocol got it wrong.
- NKE · $43.77 → $35.51-18.9%
- MCD · $303.07 → $248.24-18.1%
- LOW · $233.41 → $192.49-17.5%