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 2024 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.


Hunter Groteluschen, Anna Makarenko, Tyler Moy, Jace Showalter

Consumer Discretionary

Lucas Kroll, Andrew Oltmanns

Consumer Staples

Maddie Blair, Madisen Jackson, Kayla Olson, Allison Zahn

Energy & Utilities

Robert Barnes, Martin Bioche, Gian Schroeder, Ryan York

Financial Services

Coyne Burns, Parker Denning, Nick Fawver, Mike Schafer

Health Care Alpha

Nathan Lodes, Ryan Spaeth, Malachi Stille, York Wang

Health Care Beta

Paige Frette, Maya Gibbs, Hannah Mozena, Ava Smith, Alex Wolff


Riley Braksiek, Cole Dubbin, Adam Hasan, Tommy Stroud


Harrison Garber, Maria Hallenbeck, Carson Jansen, Ryan Klauer, Connor Ward


Brady Coffman, John Mattson, Prit Patel, Brody Steger


My Linh Ho, Cam Smith, Kevin Stokes

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, CFA

UI Center for Advancement

Tim Insko

Wealth Enhancement Group

Ryan Jordan

Principal Asset Management

Kayla Kremer, CFA

AEGON Asset Management

Tiffany Lavastida, CFA

Principal Asset Management

Paige Overmohle

Aligned 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

Fall 2023

Spring 2023

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