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.

Spring 2022 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.

Industrials & Materials

Sydney Hearn, Anthony Hong, Kyle McClun, Kyle McDermott, Karishma Patel

Consumer Staples

Tyler Cooper, Grace Cross, Kyle Elmore, Nolan Pattison

Financial Services

Vincent Damato, RJ Ford, Michael Headington, Hans Torgerson, Tucker von Harz

Technology

Benny Cheng, Joe Fordyce, Jacob Shamion, Johnny Supple, Keelen Swain

Technology

Yves Du, Bryce Hansen, Jeonghyun Ju, Dillon Kane, Adam Kroll

Real Estate

Davy Counsell, Anthony Gallegos, Casey Leeper, Jason Zheng

Consumer Discretionary

Anna Bauer, Brett Crandell, Kira Price, Hannah Zepeda

Energy & Utilities

Mitchell Arvidson, Eli Dail, Isabella Smith, Cael Woltmann

Health Care

Alan Chen, Sam Goeke, Chellvyn Lai, Cameron Polezoes, Kejing Weng

Communications

David Carpenter, Reed Fehseke, Reece Jones, Tony Lyon, Crede Wernke

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. 

Ryan Baue, CFA

AEGON Asset Management

Bryce Engelbart, CFA

AEGON Investment Management

Tim Insko

Hawkins Wealth Management

John Heinrich

UI Center for Advancement

Jeff Kilkenny, CFA

Principal Global Investors

Kayla Kremer, CFA

AEGON Asset Management

Tiffany Lavastida, CFA

Principal Global Investors

Jonah Parker, CFA

Transamerica

Aaron Schaefer

Hills Bank & Trust Co.

James F. Wessels, CPA, CFA

Vision Financial Group

Catherine Zaharis, CFA

Tippie College of Business

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.

Our portfolio and performance

To review the year-to-date performance of our active portfolio holdings, view our Google spreadsheet. The document also contains information on our historical performance dating back to 1999.

View the portfolio

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.

Invest real money in real companies

While working on the Krause Fund, Garret Dunn (BBA13) got to do a ton of deep diving and background research on a particular company. 

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

Dunn got great hands-on experience. He built an entire model for his company, performed a valuation and gave an opinion to real investors.

Read Story