The Krause Fund blends a tough finance course with an endowed equity portfolio. Our students, also known as analysts, go above and beyond. They strive to outperform the S&P 500 while they manage our diversified portfolio of stocks, making the Krause Fund a well-known name in the state of Iowa's finance scene.
You can review our current standings and up-to-the-minute adjustments for current market value. Just download the spreadsheet below and enable macros to populate the current prices.
See how our portfolio has performed historically:
Contact us for more historical data.
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.
Materials and Industrials
Jack Warning, Thomas Murray, Jace Hepker
Kol Rath, Colin Rogers, Brandon Schreiner, Shane Shaddox
Cheng Chen, Sidi Chen, Sahan Thenuwara, Ling Hao Bao
Carson Goodale, Samuel Stecker, Troy Radtke, Nicole Gierman
Technology Team Alpha
Ross Gibson, Mingjian Li, Yiyao Lin, Jacob Molina
Austin Moss, Nicholas Barry, Eric Hale, Nick Steingreaber
Jack Abrahamson, Elliott Smith, Katherine Boyle, Ryan Dowd
Adam Busta, Alex Junk, Manman Tai, Taylor Wingert
Telecom & Utility
Joseph Holz, Josiah Johnson, Cooper Perry, Ardian Asani
Technology Team Beta
Ryan Crockett, Nicholas Payne, Maxwell Neumann, Trevor Heimke
Our Investment Advisory Committee plays a key role in the management of the Krause Fund. They join us each semester for final research and recommendation presentations.
Jeff Kilkenny, CFA
Principal Global Investors
University of Iowa Foundation
Hills Bank & Trust Co.
James F. Wessels, CPA, CFA
Gremler Financial Group
Houlihan, Lokey, Howard & Zukin
Tiffany Lavastida, CFA
Principal Global Investors
Scott M. Pfeiler
Catherine Zaharis, CFA
Tippie College of Business
American Trust and Savings Bank
Will Suess, CFA
Silverpath Capital Management
More fund research
The Krause Fund was created in 1998 when Bill Krause, founder and CEO of the Krause-Gentle Corporation, donated $100,000 to the University of Iowa, Iowa State University, Drake University, and the University of Northern Iowa 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.