The Cohorts · Quarterly vintage
Inception 2025-07-01 · 1.2 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
+37.3%
CAGR 30.2% annualised
S&P 500 · since inception
+25.1%
CAGR 20.5% annualised
Spread
+12.2%
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 | $138.51 | $1,382.42 | +914.7% | $214.06 | +54.5% | +5.5% | Read → |
| 2 | OXY | $41.80 | $375.85 | +817.4% | $61.46 | +47.0% | +4.7% | Read → |
| 3 | BAC | $46.88 | $307.00 | +566.3% | $62.69 | +33.7% | +3.4% | Read → |
| 4 | UNH | $317.63 | $1,936.00 | +537.2% | $379.09 | +19.3% | +1.9% | Read → |
| 5 | CAT | $386.02 | $2,342.03 | +510.9% | $818.57 | +112.1% | +11.2% | Read → |
| 6 | GOOGL | $175.23 | $739.33 | +321.0% | $338.50 | +93.2% | +9.3% | Read → |
| 7 | LOW | $222.85 | $792.15 | +257.1% | $196.82 | -11.7% | -1.2% | Read → |
| 8 | WMT | $97.19 | $338.86 | +249.6% | $107.15 | +10.2% | +1.0% | Read → |
| 9 | META | $716.87 | $2,490.27 | +238.5% | $648.03 | -9.6% | -1.0% | Read → |
| 10 | UNP | $229.28 | $691.22 | +208.7% | $284.40 | +24.0% | +2.4% | Read → |
Biggest contributors
Where the cohort earned its keep.
- CAT · $386.02 → $818.57+112.1%
- GOOGL · $175.23 → $338.50+93.2%
- CVX · $138.51 → $214.06+54.5%
Biggest detractors
Where the protocol got it wrong.
- LOW · $222.85 → $196.82-11.7%
- META · $716.87 → $648.03-9.6%