Track record

What happened after we published the list

On 2026-08-03 we froze the 50 companies with the highest HDB Score over a 30Y window. The list has not changed since and cannot: it is published as a hashed file, timestamped by third parties. Every number below is measured forward from that day.

We froze one list per ranking window on the same day and publish all of them — so the window you are reading was not chosen after the fact for looking good.

Since 2026-08-03

35 trading days · closes through 2026-09-22

The 50 frozen companies, equally weighted
-5.61%
S&P 500 (SPY) over the same days
+2.33%

Difference: -7.94%over 35 trading days this is noise, not a result. Ignore it until there are at least 90.

Day by day

Every settled trading day since the list was frozen, as recorded. Days are appended once and never revised.

Total return since 2026-08-03, by trading day
Date50 frozen companies (equal weight)S&P 500 (SPY)
2026-08-030.00%0.00%
2026-08-04+1.25%+1.80%
2026-08-05+1.21%+1.60%
2026-08-06+1.37%+1.44%
2026-08-07+1.77%+2.06%
2026-08-10+1.88%+2.03%
2026-08-11+1.06%+1.70%
2026-08-12+1.20%+1.96%
2026-08-13+1.89%+2.67%
2026-08-14+1.46%+2.46%
2026-08-17+0.27%+1.98%
2026-08-18+0.26%+1.29%
2026-08-19+1.07%+1.50%
2026-08-20+0.03%+0.65%
2026-08-21+0.84%+1.06%
2026-08-24+1.50%+0.77%
2026-08-25+0.74%+1.09%
2026-08-26+0.81%+1.11%
2026-08-27+0.43%+1.77%
2026-08-28+0.73%+1.54%
2026-08-31+0.16%+1.24%
2026-09-01-0.86%+0.54%
2026-09-02-0.97%+0.99%
2026-09-03-1.18%+2.05%
2026-09-04-1.63%+1.65%
2026-09-08-2.98%+1.09%
2026-09-09-4.07%+0.62%
2026-09-10-4.66%+0.02%
2026-09-11-4.34%+0.87%
2026-09-14-3.62%+0.42%
2026-09-15-4.69%-0.04%
2026-09-16-5.20%-0.48%
2026-09-17-5.32%+0.65%
2026-09-18-5.69%+0.53%
2026-09-21-5.62%+2.34%
2026-09-22-5.61%+2.33%

The frozen list

Exactly as published, in the order published. Ranks and entry prices never change.

#CompanyHDB ScoreEntry priceLatest closeReturnStatus
1ORLYO’Reilly Automotive Inc9.5689.76 USD85.82 USD-4.39%trading
2NVONovo Nordisk A/S9.5547.09 DKK39.40 DKK-16.33%trading
3FDSFactSet Research Systems Inc9.06269.68 USD276.42 USD+2.50%trading
4RMDResMed Inc9.01215.19 USD221.97 USD+3.15%trading
5COSTCostco Wholesale Corp8.99954.08 USD899.41 USD-5.73%trading
6FASTFastenal Company8.9748.11 USD50.08 USD+4.09%trading
7BROBrown & Brown Inc8.9271.78 USD62.44 USD-13.01%trading
8CPRTCopart Inc8.9129.35 USD28.80 USD-1.89%trading
9TSCOTractor Supply Company8.8732.11 USD32.84 USD+2.27%trading
10HEIHeico Corporation8.86360.44 USD307.77 USD-14.61%trading
11MNSTMonster Beverage Corp8.8593.55 USD44.27 USD-52.68%trading
12UNHUnitedHealth Group Incorporated8.85415.36 USD372.95 USD-10.21%trading
13MSFTMicrosoft Corporation8.82487.65 USD498.00 USD+2.12%trading
14IDXXIDEXX Laboratories Inc8.80567.84 USD521.50 USD-8.16%trading
15ROPRoper Technologies Inc8.80392.57 USD363.85 USD-7.32%trading
16JKHYJack Henry & Associates Inc8.78156.53 USD149.10 USD-4.75%trading
17PAYXPaychex Inc8.77117.67 USD114.53 USD-2.67%trading
18APHAmphenol Corporation8.76163.34 USD82.84 USD-49.28%trading
19BCPCBalchem Corporation8.71173.57 USD168.40 USD-2.98%trading
20AJGArthur J Gallagher & Co8.71247.79 USD230.45 USD-7.00%trading
21INTUIntuit Inc8.69318.39 USD292.35 USD-8.18%trading
22UHSUniversal Health Services Inc8.66169.04 USD179.29 USD+6.06%trading
23WTRGEssential Utilities Inc8.6538.78 USD40.38 USD+4.13%trading
24FCFSFirstCash Inc8.64209.35 USD220.87 USD+5.50%trading
25AZOAutoZone Inc8.632990.27 USD2894.73 USD-3.20%trading
26ROSTRoss Stores Inc8.57252.91 USD232.51 USD-8.07%trading
27AAPLApple Inc8.56303.42 USD339.75 USD+11.97%trading
28FISVFiserv, Inc. Common Stock8.5454.35 USD46.10 USD-15.18%trading
29RJFRaymond James Financial Inc.8.54177.68 USD159.39 USD-10.29%trading
30CHDChurch & Dwight Company Inc8.53100.01 USD96.12 USD-3.89%trading
31CTASCintas Corporation8.51204.01 USD198.80 USD-2.55%trading
32CHKPCheck Point Software Technologies Ltd8.50122.97 USD137.13 USD+11.52%trading
33WSO-BWatsco Inc8.48319.11 USD312.46 USD-2.08%trading
34ODFLOld Dominion Freight Line Inc8.47211.52 USD177.31 USD-16.17%trading
35ROLRollins Inc8.4738.19 USD32.86 USD-13.96%trading
36AMEAmetek Inc8.46243.77 USD245.41 USD+0.67%trading
37NICENice Ltd ADR8.44100.65 USD118.29 USD+17.53%trading
38QCRHQCR Holdings Inc8.44104.40 USD99.36 USD-4.83%trading
39ADCAgree Realty Corporation8.4276.91 USD67.32 USD-12.47%trading
40ORealty Income Corporation8.4163.48 USD56.53 USD-10.95%trading
41ASMLASML Holding NV ADR8.401642.52 EUR1747.90 EUR+6.42%trading
42CACICACI International Inc8.39512.66 USD613.22 USD+19.62%trading
43CWCurtiss-Wright Corporation8.34747.67 USD550.27 USD-26.40%trading
44FFINFirst Financial Bankshares Inc8.3435.42 USD32.31 USD-8.78%trading
45MKCMcCormick & Company Incorporated8.3351.52 USD49.42 USD-4.08%trading
46EMEEMCOR Group Inc8.32817.42 USD756.50 USD-7.45%trading
47EXPDExpeditors International of Washington, Inc.8.31170.59 USD187.51 USD+9.92%trading
48SFStifel Financial Corporation8.3083.57 USD73.18 USD-12.43%trading
49POOLPool Corporation8.28195.58 USD168.60 USD-13.79%trading
50WABWestinghouse Air Brake Technologies Corp8.28296.47 USD289.71 USD-2.28%trading

Verify it yourself

You do not have to trust us about what the list said on day one. The files are public, and two parties we do not control attest to when these exact bytes existed.

SHA-256
dcb4c317f9442ae300ff9eada483409ef824995462ba7726df06660e51e146e1
Check the hash
curl -s https://holderdashboard.com/snapshots/launch-30y-2026-08-04.csv | shasum -a 256
All 5 windows in one file
/snapshots/launch-2026-08-04.manifest.txt

b74df477f89a5905997b28717b09475d877626a3eebf9e0fadc9f8b830f17bee

One manifest lists every frozen file with its hash, so a single timestamped hash commits to all of them:

shasum -a 256 -c launch-2026-08-04.manifest.txt
Bitcoin timestamp (OpenTimestamps)
/snapshots/launch-2026-08-04.manifest.txt.ots
ots verify launch-2026-08-04.manifest.txt.ots

How this is measured, and what it cannot tell you

  • Equal weight, buy and hold. Every company carries the same weight from day one. Nothing is ever rebalanced, added, or removed.
  • Companies that stop trading stay in. A delisted or acquired member is held at its last available close and keeps its weight. Removing it would silently drop losers and inflate the result.
  • Dividends included, both sides. Cohort and benchmark both use split- and dividend-adjusted closing prices, so the comparison is like-for-like.
  • No fees, taxes, or slippage. Real returns would be lower. This is not a simulated portfolio and not a product you can buy.
  • Several lists, one start date. Every ranking window was frozen on the same day and all of them are published here. That removes any chance to pick the flattering one later — but 5 comparisons also mean one of them will look best by luck. Read them together, not one at a time.
  • Nothing is ever revised. Each day is appended once and never edited. If a data provider later corrects a past price, we say so here instead of quietly rewriting history.
  • Not investment advice. The HDB Score measures past business results, not valuation. A strong company can still be a poor investment at the wrong price.

See how the HDB Score is calculated — and its limits

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