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.

Fall 2023 analysts

The student analysts managing our fund are enrolled in Applied Equity Valuation, 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.


Yiyang Cheng, Ray Tucker

Consumer Discretionary

Luis Aguirre, Maddy Montalbano

Consumer Staples

Joseph Mendoza, Sloan Kipley


Bailey Shafer, Sraavi Vaddadi

Financial Services

Sydney Truex, Mary Watson

Health Care

Parker Sweeney, Kyle Tapia


Suraj Moorjani, Wade Stafford


Addi Benaitis, Dylan Miller


Lexi Lonning, Alexandra Tistle


Ethan Fairfield, Patrick Igo


Tyler Tobin, Gabe Unterberg

Real Estate

Justin Tang, Michael Greco

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. 

Bryce Engelbart, CFA

AEGON Asset Management

John Heinrich

UI Center for Advancement

Tim Insko

Wealth Enhancement Group

Ryan Jordan

Principal Global Investors

Kayla Kremer, CFA

AEGON Asset Management

Tiffany Lavastida, CFA

Principal Global Investors

Jonah Parker, CFA

AEGON Asset Management

Emily Phelps, CFA

AEGON Asset Management

Aaron Schaefer

Hills Bank & Trust Co,

Phyllis Vance, CFA

Vision Financial Group

James F. Wessels, CPA, CFA

Vision Financial Group

Catherine Zaharis, CFA

Tippie College of Business

More fund research

Spring 2023

Fall 2022

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