Real-world academics

The Krause Fund blends a challenging finance elective with an endowed equity portfolio. Our student analysts dive into the economy, explore industries, research companies, and build extensive valuation models using the same techniques as the professionals. This semester-length project culminates with a presentation to a team of financial professional for possible inclusion in the Krause Fund portfolio.

Our portfolio

To review our portfolio holdings or year-to-date performance, download the spreadsheet and enable macros to update current prices.

Year-to-date performance

Historical performance

See how our portfolio has performed historically:

Contact us for more historical data.

Alumni Story
Garret Dunn, BBA. When you’re aiming to ace both NCAA Division I tennis and a top-ranked business school, success is about making connections.

"The fact that we were independently doing all of this research and building these financial models was good experience for the work that I've been doing for the past three years after graduating."

Spring 2017 analysts

The student analysts managing our fund are enrolled in Applied Equity Valuation (syllabus), which seeks to make students experts in the valuation techniques and analytical tools used by real-world analysts. Students work in teams to evaluate companies based on industry and provide detailed investment recommendations.

Analysts employ a top-down approach to research that integrates economic, industry, and company analysis, and use valuation techniques including discounted cash flow (DCF), economic value added (EVA), relative multiple (P/E, P/B, PEG ratio), and fundamental multiple analysis. Finally, all models are sensitivity tested against critical assumptions.

At the end of the course, analysts deliver investment presentations to our Investment Advisory Committee.

Consumer Discretionary

Chase Koschmeder, Jared Kowalski, Jordyn Steinkritz

Energy

Benjamin Hansen, Thomas Kovach, Eric Ryberg

Health Care

Wangye Xu, Wenxiong Ye, Wenzhe Zhang

Technology Team Alpha

Jiaying Cao, Joshua Farmer, Ryan McCuskey

Consumer Staples

Hannah Hendricks, Rachel Langholz, Yue Li

Financial Services & Real Estate

Yiyang Chen, Pilkyoung Choi, Zixin Li, YoungTak Ryu

Industrials

Kevin Romy, Christopher Wilson, Jonathan Wisnieski

Technology Team Beta

Charles Goodwin, Dylan Jones, Madeleine Zuelke

Investment Advisory Committee

Our Investment Advisory Committee plays a key role in management of the Krause Fund. Students present their final research to the board each semester and the committee mentors our students while helping to prepare them for financial services careers. 

Eric Boucher

AEGON

Jeff Kilkenny, CFA

Principal Global Investors

Jonah Parker, CFA

Transamerica

Aaron Schaefer

Hills Bank & Trust Co.

James F. Wessels, CPA, CFA

Gremler Financial Group

Matthew Bowersox

Houlihan, Lokey, Howard & Zukin

Tiffany Lavastida, CFA

Principal Global Investors

Scott M. Pfeiler

Rockwell Collins

Mike Staffenbeal

Union Pacific

Catherine Zaharis, CFA

Tippie College of Business

Collin Glancy

Equity Residential

Todd Nelson, CFA

Tippie College of Business

Kevin Readman

US Bancorp

Will Suess, CFA

Silverpath Capital Management

Fund overview

The Krause Fund was created in 1998 when Bill Krause, founder and CEO of the Krause-Gentle Corporation, made a generous donation to the University of Iowa and other schools in the state to establish undergraduate student-managed equity funds. These schools compete in the Krause Investment Challenge, an annual contest matching the performance of each institution's portfolio during the academic year.