Portfolio Practicum
Real-world experience. Real money. And a history of out-performing benchmarks.
Our student managers aren’t playing with Monopoly money! Creighton entrusts $9.5 million of its endowment to Portfolio Practicum students.
Established in 1992, Portfolio Practicum is a two-semester course in which the Heider College of Business’ top seniors apply what they have learned in the classroom to invest $9.5 million of Creighton University endowment funds. These student managers are responsible for overseeing the Creighton University Student Portfolio (CUSP) Fund and are held to the same level of accountability as outside portfolio managers by the University Investment Committee. Adhering to the principles of value investing, CUSP Fund managers have a long history of managing the portfolio against their benchmark, the Russel 1000, and progressing to successful financial careers upon graduation. Today, the CUSP Fund remains one of the largest equity portfolios managed entirely by university students.
Heider Investment and Securities Analysis Center
Because Every Fund Manager Needs State-of-the-Art Investment Tools
As CUSP Fund managers, your “lab” is the Heider Securities Investment and Analysis Center, modeled after the New York Stock Exchange. Conduct analyses at one of the 10 Bloomberg terminals, keep track of the latest market numbers on the center’s 42-foot LED ticker display, and finalize presentations on the three 110-inch, fully interactive video walls. If you are investing real money, you need real tools of the trade.
To apply for the FIN 435 Portfolio Practicum course, please submit the following by Tuesday, March 14, 2023 by 3 p.m., to Nicole McAndrew, Administrative Assistant in the Heider College of Business, 3rd Floor Reception:
- A one-page personal resume that includes your grade point average, work experience, investment experience and whatever other experiences you feel qualify you for this class. You may break your grade point down into areas, such as cumulative, in Finance, in the Heider College of Business or the last year. Feel free to add any insights about your grade point average.
- A one-page paper detailing the reasons you want to take the course.
- Print out and complete this cover letter, providing your name, phone number, email address and the semester you took FIN 325. You will need to have the cover letter signed by a Heider College of Business faculty member from whom you have taken a class.
Application Evaluations
- A finance professor and several members of the current portfolio class will interview you prior to your acceptance into the course.
- You will need to select an interview time. Applicants will be notified how to do this.
- You will be notified via e-mail with details regarding the interview.
Prior to the start of registration for the Fall semester, you will be notified by e-mail regarding your application for the class. If accepted, you will be granted an override that will allow you to register for the class.
Additional Information
The Portfolio Practicum is a two-class sequence open to seniors who will have completed FIN 325 by the start of class. When you apply for FIN 435 you are committing to taking FIN 436 during the Spring semester as well. The course requires considerable outside work so only students who have adequate time to commit to the course should consider applying. If you have any questions about the application process or the Portfolio Practicum course, please feel free to contact Dr. Randy Jorgensen in Harper 3016D or by email at randyjorgensen@creighton.edu.
- Two-semester course open to all seniors within the Heider College of Business, not just finance and accounting students, who demonstrate an interest in and ability to manage a stock portfolio
- Students must apply and interview for portfolio manager positions
- Student managers adhere to the principles of value investing
- The class is supervised by instructors who provide educational and structural guidance
- Student portfolio managers write research reports, make investment presentations and actively manage the CUSP Fund, which, in part, funds student scholarships for Creighton students
- Student managers report to the University Investment Committee and are monitored and evaluated in manner similar to other portfolio managers
- CUSP managers organize and oversee the Value Investing Panel
Portfolio Practicum Class Rosters
2022-2023 Roster
Katie Allen
Emma Cox
Spencer Dunckley
Juan Carlos Fernandez Wohler
Riley Gill
Cole Goeltl
Maggie Harens
Tristan Houk
Evan Hughes
Joseph Joas
Henry Lewis
Colin McCabe
Daniel Ralls
Cole Sheridan
James Steichen
Jackson Strombeck
Evan Weerts
2021-2022 Roster
Daniel Bohnemann
Eric Cote
Jack Eckels
Haley Gilbertson
Ethan Hill
Brennan Horak
David (Minh) Huynh
Gabrielle Keaton
Colin Lakeman
Alex Littleton
Josephine Otto
Dave Roberts
Jake Ronneberg
Noah Schalley
Kristian Shad
Jackson Stamper
Annie Trettel
Izzy Watts
Jack Wolfgram
2020-2021 Roster
Joe Baker
Nick Behrendt
Jack Carmody
Aria Fukumae
Brian Gill
Margaret Hickey
Brennan James
Kyle Kidder
Sophie Kouri
Stephen Lacke
Lucas Lampe
Tyler Piper
Jeremy Plummer
Sydney Rand
Ryan Schmidt
Lauren Schmitz
Jacob Straub
Karli Sugar
Teddy Tornow
Soren Van Houten
Katie Whittelsey
Paul Wise
2019-2020 Roster
Nate Bailey
Michael Carr
Jonathan Chinn
Christian Diaz
Adam Eich
Michael Green
Jacob Grill
Adam Hanna
Brady Happe
Caleb Labude
Anna Lillis
Lucas Love
Jared Marr
Tyler Messenger
Zack Miske
Zack Munger
Cale Pleak
Connor Sheridan
Matt Sherlock
Jacob Smuda
Elias Weber
2018-2019 Roster
Blake Anderson
Josiah Choy
Joe Cribbin
Anh Do (Kim)
Jacob Halstrom
Joey Krebs
Caroline Lake
Emmett LeFevour
Morgan Malo
Nik McGannon
Andrew Murphy
Keegan Phelan
Connor Ramlo
Dayton Rand
Tanner Saporito
Oscar Skjerven
Ryan Southworth
Mackenzie Tommins
Tarun Velanjeri
Bobbi Whisler
2017-2018 Roster
Mitchell Albrecht
Eric Austin
Scott Borcher
Daniel Broderick
Charlie Bolton
Cody Cullen
Thomas Digenan
Andrew Grill
Nick Guarino
James Huiskamp
Mary Laughlin
Katherine Lynch
Charles Manion
Renato Morais
Grant Munson
Steven Niday
Trevor Peterson
Quin Rowen
Thomas Schroeder
Nikolas Shad
Robert Schultz
Jennifer Taniguchi
Meet the 2023-24 CUSP Fund student managers.
Danny Akkad
Major(s): Accounting and Finance
Hometown: Omaha, Nebraska
Internship(s): Piper Sandler, Minneapolis, Minnesota; Five Elms Capital, Kansas City, Missouri; Deloitte & Touche, Omaha, Nebraska
Jessica Barich
Major(s): Finance and Marketing
Hometown: Highlands Ranch, Colorado
Internship(s): FTI Consulting, Denver, Colorado; Union Pacific, Omaha, Nebraska
Michael Buckley
Major(s): Master of Investment Management and Financial Analysis (MIMFA)
Hometown: Omaha, Nebraska
Internship(s): First National Bank of Omaha, Omaha, Nebraska; Milli Bank, Omaha, Nebraska
Rachel Bullerjahn
Major(s): Business Intelligence and Analytics and Finance
Hometown: Pewaukee, Wisconsin
Internship(s): Cornerstone Wealth Advisors, Edina, Minnesota; Gallup, Omaha, Nebraska
Zacchary (Zac) Collins
Major(s): Business Intelligence and Analytics and FinTech
Hometown: Lincoln, Nebraska
Internship(s): Ludacka Wealth Management, Omaha, Nebraska; Milli Bank, Omaha, Nebraska; Werner Enterprises, Omaha, Nebraska; TD Ameritrade, Omaha, Nebraska
Peter Daood
Major(s): Finance and Master of Investment Management and Financial Analysis (MIMFA) candidate
Hometown: Wichita, Kansas
Internship(s): Dundee Venture Capital, Omaha, Nebraska; Gallup, Omaha, Nebraska; Bank of America Securities (Tech ECM), Palo Alto, California; Goss and Associates, Omaha, Nebraska
Ethan Doan
Major(s): Computer Science and Fintech
Hometown: Irvine, California
Internship(s): Union Pacific, Omaha, Nebraska; Valmont Industries Inc., Omaha, Nebraska; Mutual of Omaha, Omaha, Nebraska; Gallup, Omaha, Nebraska
Brendan Downey
Major(s): Accounting, Economics and Finance
Hometown: Framingham, Massachusetts
Internship(s): Ernst and Young, Boston, Massachusetts; Berkshire Hathaway Homestate Insurance Company, Omaha, Nebraska
Jared Eastman
Program: Business Intelligence and Analytics and Finance
Hometown: Omaha, Nebraska
Internship(s): Prodigy Asset Management, Omaha, Nebraska
Molly Goldsmith
Major(s): Finance
Hometown: Castle Rock, Colorado
Internship(s): FTI Consulting, Chicago, Illinois
Greg Gonzalez
Major(s): Finance and Economics
Hometown: Omaha, Nebraska
Internship(s): U.S. House of Representatives, Omaha, Nebraska; Union Pacific, Omaha, Nebraska; Bridgepoint Investment Banking, Omaha, Nebraska
Jacey Greco
Major(s): Economics and Finance
Hometown: Elverta, California
Internships: McCarthy Capital, Omaha, Nebraska; Mutual of Omaha, Omaha, Nebraska; Iowa International Center, Des Moines, Iowa
Mary Kate Kelly
Major(s): Accounting and Finance (Financial Analysis track)
Hometown: La Vista, Nebraska
Internship(s): Ernst & Young, Tysons Corner, Virginia; Retire SMART, Omaha, Nebraska
Drew Krouse
Majors: Finance (Financial Analysis track) and Health Sciences (pre-dental) track
Hometown: Sioux Falls, South Dakota
Internship(s): The First National Bank, Sioux Falls, South Dakota
Bengt Morvice
Major(s): Accounting and Finance
Hometown: Geneva, Illinois
Internship(s): Berkshire Hathaway Homestate Insurance Company, Omaha, Nebraska; Lockton Companies, Omaha, Nebraska
Banyan Neece
Major: Economics and Finance
Hometown: Lahaina, Hawaii
Internship(s): CC Capital Advisors, Kansas City, Missouri; Five Elms Capital, Kansas City, Missouri; Sower Investment Partners, Omaha, Nebraska; Wolfe Research, New York City, New York; Union Pacific Railroad Company, Omaha, Nebraska
Joshua Nguyen
Majors: Finance (Financial Planning track)
Hometown: Frisco, Texas
Internships: Charles Schwab, Omaha, Nebraska
Charlie Okolita
Major(s): Finance and Marketing
Hometown: Geneva, Illinois
Internship(s): Union Pacific Railroad, Omaha, Nebraska; Morgan Stanley, Omaha, Nebraska
Sean Peck
Major(s): Business Intelligence and Analytics and FinTech
Hometown: Wheaton, Illinois
Internship(s): Milli Bank, Omaha, Nebraska; RSM, Chicago, Illinois
Charley Pugsley
Major(s): Business Intelligence and Analytics and Finance
Hometown: Omaha, Nebraska
Internship(s): First National Bank of Omaha, Omaha, Nebraska
Noah Ralofsky
Major(s): Finance
Hometown: Oshkosh, Wisconsin
Internship(s): LRS Healthcare, Omaha, Nebraska
Meet the 2022-23 CUSP Fund student managers, and read their investment articles that illustrate their analyses and the resulting buy and sell decisions.
Katie Allen
Major(s): Master of Finance (MFIN)
Hometown: Phoenix, Arizona
Internship(s): Kiewit Corporation, Omaha, Nebraska
Decision Article: CUSP managers vote to maintain status quo in the communications sector
Emma Cox
Major(s): Finance (Financial Services track)
Hometown: Roseville, Minnesota
Internship(s): Union Pacific Railroad, Omaha, Nebraska; Conagra Brands, Omaha, Nebraska
Post-graduation Employment: Construction Solutions Consultant, FTI Consulting, Seattle, Washington
Decision Article: CUSP managers add Crocs Inc. in March 2023
Analysis Article: Investment style
Spencer Dunckley
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Beaverton, Oregon
Internship(s): KPMG, Omaha, Nebraska; National Indemnity, Omaha, Nebraska
Post-graduation Employment: FSO Audit Staff, EY, Chicago, Illinois
Decision Article: NXP Semiconductors replaces Micron Technology in the CUSP
Analysis Article: Capturing value through satellite holdings
Juan Carlos Fernandez Wohler
Major(s): Finance (Financial Analysis track) and Business Intelligence & Analytics (Information Technology track)
Hometown: Mexico City, Mexico
Internship(s): TD Ameritrade, Omaha, Nebraska
Decision Article: MPW: purchased to further diversify the real estate sector
Analysis Article: CUSP returns analysis
Riley Gill
Major(s): Finance (Financial Analysis track) and Business Intelligence & Analytics (Information Technology track)
Hometown: Portland, Oregon
Internship(s): Chartwell Financial Advisory, Chicago, Illinois; TD Ameritrade, Omaha, Nebraska
Post-graduation Employment: Investment Banking Analyst, Chartwell Financial Advisory, Chicago, Illinois
Decision Article: Materials sector moves out of commodities and into fertilizer
Analysis Article: CUSP 2023 sector allocation
Cole Goeltl
Major(s): Finance and Accounting
Hometown: Fort Collins, Colorado
Internship(s): Strategy&, Chicago, Illinois; Deloitte, Omaha, Nebraska; Five Elms Capital, Kansas City, Missouri; Union Pacific Railroad, Omaha, Nebraska
Post-graduation Employment: Associate Consultant, Bain & Company, Denver, Colorado
Decision Article: CUSP sells Allstate to purchase Aon
Analysis Article: A Year in Review
Maggie Harens
Major(s): Finance and Economics
Hometown: Edina, Minnesota
Internship(s): Advance Triwest Equipment, St. Paul, Minnesota; Integrated Trade Finance, Omaha, Nebraska; National Indemnity, Omaha, Nebraska
Post-graduation Employment: FSO Business Consultant, Ernst and Young, Kansas City, Missouri
CUSP managers vote to maintain status quo in the communications sector
Tristan Houk
Major(s): Finance
Hometown: Pensacola, Florida
Internship(s): National Indemnity Company, Omaha, Nebraska
Decision Article: CUSP managers buy Corning Inc. and rebalance technology
Analysis Article: CUSP returns analysis
Evan Hughes
Program: Master of Investment Management and Financial Analysis (MIMFA) and Master of Business Administration (MBA)
Hometown: Scottsbluff, Nebraska
Internship(s): Prodigy Asset Management, Omaha, Nebraska; Principal Asset Management, Des Moines, Iowa
Decision Articles: CUSP managers add Crocs Inc. in March 2023
The season of staples: it is no longer Modelo time
Analysis Article: Investment style
Joseph Joas
Major(s): Finance and Accounting
Hometown: Edina, Minnesota
Internship(s): PwC Capital Markets and Accounting Advisory Services, Minneapolis, Minnesota
Decision Article: Financials: Evercore is replaced by Carlyle Group
Henry Lewis
Major(s): Finance (Financial Analysis track) and Marketing
Hometown: Omaha, Nebraska
Internships: Conagra Brands, Omaha, Nebraska
Post-graduation Employment: Financial Analyst, Conagra Brands, Chicago, IL
Decision Articles: Exelixis’s TKI-based products spark a purchase for CUSP managers
McKesson’s operating consistency makes it a buy for CUSP managers
Analysis Article: 2022 CUSP return attribution
Colin McCabe
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Chicago, Illinois
Internship(s): Grant Thornton, Chicago, Illinois; IAMS Wealth Management, Omaha, Nebraska
Post-graduation Employment: M&A Associate, Grant Thornton, Chicago, Illinois
Decision Articles: Exelixis’s TKI-based products spark a purchase for CUSP managers
McKesson’s operating consistency makes it a buy for CUSP managers
Analysis Article: 2022 CUSP return attribution
Daniel Ralls
Majors: Finance (Financial Analysis track) and Military Management
Hometown: San Mateo, California
Post-graduation Employment: Field Artillery Officer, U.S. Army, Ft. Campbell, Kentucky
Decision Article: CUSP sells Allstate to purchase Aon
Analysis Article: A Year in Review
Cole Sheridan
Major(s): Finance and Economics
Hometown: Shawnee, Kansas
Internship(s): Arthur J. Gallagher, Omaha, Nebraska; First Westroads Bank, Omaha, Nebraska; Five Elms Capital, Kansas City, Missouri, McCarthy Capital, Omaha, Nebraska
Post-graduation Employment: Investment Banking Analyst, Stephens, New York, New York
Decision Article: NXP Semiconductors replaces Micron Technology in the CUSP
Analysis Article: Capturing value through satellite holdings
James Steichen
Major: Finance (Financial Analysis track)
Hometown: Tulsa, Oklahoma
Internship(s): Mariner Wealth Advisors, Omaha, Nebraska; Gavilon, Omaha, Nebraska
Post-graduation Employment: Healthcare Analyst, CIBC, Chicago, Illinois
Analysis Articles: 2023 CUSP market cap analysis
United Rentals and Herc Rentals replace Triton International in the CUSP industrials holdings
Jackson Strombeck
Majors: Finance (Financial Analysis track) and Economics
Hometown: Hartland, Wisconsin
Internships: Johnson Controls, Milwaukee, Wisconsin; BHHIC, Omaha, Nebraska; Northwestern Mutual, Omaha, Nebraska
Post Grad: Lender Services Consultant, FTI Consulting, Chicago, Illinois
Decision Article: Materials sector moves out of commodities and into fertilizer
Analysis Article: CUSP 2023 sector allocation
Evan Weerts
Major(s): Master of Investment Management and Financial Analysis
Hometown: Carmel, Indiana
Internship(s): Mutual of Omaha, Omaha, Nebraska
Post-graduation Employment: Financial Analyst, Mutual of Omaha, Omaha, Nebraska
Decision Article: The season of staples: it is no longer Modelo time
Analysis Article: 2023 CUSP market cap analysis
United Rentals and Herc Rentals replace Triton International in the CUSP industrials holdings
2022-2023 CUSP Decisions
CUSP managers add Crocs Inc. in March 2023 (Cox and Hughes)
Materials sector moves out of commodities and into fertilizer (Gill and Strombeck)
CUSP sells Allstate to purchase Aon (Goeltl and Ralls)
Exelixis’s TKI-based products spark a purchase for CUSP managers (Lewis and McCabe)
McKesson’s operating consistency makes it a buy for CUSP managers (Lewis and McCabe)
NXP Semiconductors replaces Micron Technology in the CUSP (Dunckley and Sheridan)
The season of staples: it is no longer Modelo time (Hughes and Weerts)
CUSP managers buy Corning Inc. and rebalance technology (Houk)
CUSP managers vote to maintain status quo in the communications sector (Allen and Harens)
MPW: purchased to further diversify the real estate sector (Fernandez Wohlers)
United Rentals and Herc Rentals replace Triton International in the CUSP industrials holdings (Steichen and Weerts)
Financials: Evercore is replaced by Carlyle Group (Joas)
2023 CUSP Analysis
CUSP returns analysis (Fernandez Wohlers and Houk)
2023 CUSP market cap analysis (Steichen and Weerts)
Capturing value through satellite holdings (Dunckley and Sheridan)
2022 CUSP return attribution (Lewis and McCabe)
A Year in Review (Goeltl and Ralls)
CUSP 2023 sector allocation (Gill and Strombeck)
Investment style (Cox and Hughes)
2022-2023 CUSP Fund Buy and Sell Decisions
May 2023 CUSP Academic Year End Holdings
| Holding | Shares | Market Value | Weight |
| Consumer Discretionary | $1,029,711.10 | 10.88% | |
| Amazon | 1,680 | $174,720.00 | 1.85% |
| Booking Hldgs | 50 | $130,178.50 | 1.38% |
| Crox Inc | 1,100 | $120,835.00 | 1.28% |
| McDonalds | 850 | $250,886.00 | 2.65% |
| O Reilly Automotive | 180 | $168,051.60 | 1.78% |
| Ulta | 360 | $185,040.00 | 1.96% |
| Consumer Staples | $842,676.25 | 8.91% | |
| Caseys | 925 | $220,066.75 | 2.33% |
| Kroger Co | 3,780 | $182,498.40 | 1.93% |
| Pepsico | 1,495 | $289,103.10 | 3.06% |
| Philip Morris Intl | 1,600 | $151,008.00 | 1.60% |
| Energy | $196,215.75 | 2.07% | |
| Callon Pete Co | 775 | $24,373.75 | 0.26% |
| Chevron Corp | 1,100 | $171,842.00 | 1.82% |
| Financials | $1,113,321.00 | 11.77% | |
| AON PLC | 520 | $166,764.00 | 1.76% |
| Assurant Inc | 1,070 | $139,485.20 | 1.47% |
| Bank Of America | 5,700 | $153,843.00 | 1.63% |
| Carlyle Group | 6,100 | $156,892.00 | 1.66% |
| Evercore | 1,470 | $157,054.80 | 1.66% |
| Jpmorgan Chase | 1,350 | $181,062.00 | 1.91% |
| Prudential Finl | 2,000 | $158,220.00 | 1.67% |
| Health Care | $1,400,901.20 | 14.80% | |
| Abbott | 1,500 | $166,290.00 | 1.76% |
| Exelixis Inc | 5,000 | $97,400.00 | 1.03% |
| McKesson Corp | 430 | $152,667.20 | 1.61% |
| Medtronic | 2,165 | $193,269.55 | 2.04% |
| Regeneron | 250 | $188,470.00 | 1.99% |
| Resmed | 725 | $168,265.25 | 1.78% |
| Unitedhealth Group | 465 | $226,585.20 | 2.39% |
| Vertex | 600 | $207,954.00 | 2.20% |
| Industrials | $1,000,203.75 | 10.57% | |
| 3M Company | 690 | $70,269.60 | 0.74% |
| Acuity Brands | 1,090 | $168,895.50 | 1.78% |
| Boeing | 700 | $137,935.00 | 1.46% |
| Fedex | 520 | $117,712.40 | 1.24% |
| Herc Holdings | 725 | $68,389.25 | 0.72% |
| Snap On Inc | 710 | $183,662.80 | 1.94% |
| U Haul | 3,330 | $179,453.70 | 1.90% |
| United Rentals | 225 | $73,885.50 | 0.78% |
| Information Technology | $2,372,968.40 | 25.08% | |
| Adobe | 550 | $184,706.50 | 1.95% |
| Apple | 1,400 | $232,106.00 | 2.45% |
| Applied Matls | 1,800 | $202,410.00 | 2.14% |
| Corning | 4,500 | $141,165.00 | 1.49% |
| Fabrinet Shs | 1,350 | $123,160.50 | 1.30% |
| Lam Resh | 350 | $179,284.00 | 1.89% |
| Microsoft | 1,010 | $308,464.10 | 3.26% |
| Mks Instrument | 1,120 | $94,259.20 | 1.00% |
| NXP Semiconductors | 830 | $135,945.70 | 1.44% |
| Oracle | 2,500 | $237,425.00 | 2.51% |
| Qualcomm Inc | 1,200 | $127,896.00 | 1.35% |
| Teradyne | 1,480 | $133,170.40 | 1.41% |
| Visa Inc Com | 1,210 | $272,976.00 | 2.57% |
| Materials | $298,302.00 | 3.15% | |
| Albemarle | 460 | $80,799.00 | 0.85% |
| Bery Global | 2,060 | $116,287.00 | 1.23% |
| Nutrien LTD | 1,600 | $101,216.00 | 1.07% |
| Real Estate | $376,546.20 | 3.98% | |
| American Tower | 495 | $96,228.00 | 1.02% |
| Medical Properties Trust | 7,900 | $66,439.00 | 0.70% |
| Prologis Inc | 1,090 | $136,119.20 | 1.44% |
| VICI Properties Inc | 2,400 | $77,760.00 | 0.82% |
| Communication Services | $827,801.55 | 8.75% | |
| Alphabet Inc Cap Stk | 2,400 | $252,504.00 | 2.67% |
| Disney Walt | 1,410 | $137,404.50 | 1.45% |
| Electronic Arts | 1,200 | $148,812.00 | 1.57% |
| Meta Platforms | 440 | $102,748.80 | 1.09% |
| Nexstar Media Group | 825 | $129,186.75 | 1.37% |
| Verizon Communications | 1,530 | $57,145.50 | 0.60% |
Meet the 2021-22 CUSP Fund student managers, and read their investment articles that illustrate their analyses and the resulting buy and sell decisions.
Daniel Bohnemann
Major(s): Fintech
Hometown: Leavenworth, Kansas
Internship(s): Encode Club, London, United Kingdom
Post-graduation Employment: Program Manager, Encode Club, London, United Kingdom
Decision Articles: Teradyne’s Market Niche Spurs Purchase for CUSP
Qualcomm’s Unique Patents and Attributes Appeal to CUSP Managers
CUSP Managers Sell Skyworks and Hold Applied Materials
Analysis Article: 2022 CUSP Market Cap Analysis
Eric Cote
Major(s): Finance (Financial Analysis track) and Marketing
Hometown: Woodbury, Minnesota
Internship(s): North Star Resource Group, Minneapolis, MN; MassMutual, Omaha
Post-graduation Employment: Financial Advisor, MassMutual, Omaha
Decision Article: Financials Discussion
Jack Eckels
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Kansas City, Missouri
Internships: Mission Peak Capital, Kansas City, MO; CC Capital Advisors, Kansas City, MO
Post-graduation Employment: Investment Banking Analyst, Stephens, Little Rock, AK
Decision Articles: Nexstar Added to CUSP in April 2022
Meta Voted a Hold for CUSP April 19th
Analysis Article: CUSP Investment Style
Haley Gilbertson
Major(s): Finance (Financial Analysis track) and Business Intelligence and Analytics
Hometown: Blaine, Minnesota
Internship(s): Bridges Trust, Omaha
Post-graduation Employment: Research Analyst, Bridges Trust, Omaha
Decision Article: O’Reilly Investment Decision
Analysis Article: CUSP Returns Analysis
Ethan Hill
Major(s): Finance; Minor: Economics
Hometown: Chesterfield, Missouri
Internship(s): Tenaska, Omaha; TD Ameritrade, St. Louis
Post-graduation Employment: Credit and Risk Analyst, Carbon Better, Austin, TX
Decision Article: CUSP Managers Vote for Status Quo in Industrial Sector
Analysis Article: 2022 CUSP Sector Allocation
Brennan Horak
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Washington, Iowa
Internship(s): KPMG, Omaha; TD Ameritrade, Omaha
Post-graduation Employment: Deal Advisory and Strategy Practice, KPMG, Chicago, IL
Decision Articles: Teradyne’s Market Niche Spurs Purchase for CUSP
Qualcomm’s Unique Patents and Attributes Appeal to CUSP Managers
CUSP Managers Sell Skyworks and Hold Applied Materials
Analysis Article: 2022 CUSP Market Cap Analysis
David (Minh) Huynh
Major(s): Finance (Financial Analysis track) and Economics
Hometown: Ho Chi Minh City, Vietnam
Internship(s): Integrated Finance Trade LLC, Omaha; Creighton University, Omaha; PWC, Vietnam
Post-graduation Education: Master’s of Investment Management and Financial Analysis, Creighton University
Decision Article: Financials Discussion
Gabrielle Keaton
Major(s): Finance (Financial Analysis track) and Business Intelligence and Analytics
Hometown: Fremont, Nebraska
Internship(s): Burlington Capital, Omaha
Post-graduation Employment: Financial Analyst, Burlington Capital, Omaha
Decision Articles: BERY: Portfolio Practicum’s Choice for the Materials Sector
Freeport-McMoRan Is Added to CUSP Based on Its Prospects for Mining Copper
Analysis Article: Portfolio Rebalancing to Meeting University Guidelines
Colin Lakeman
Major(s): Finance (Financial Analysis track); Minor: Biology
Hometown: Omaha, Nebraska
Internship(s): Dundee Venture Capital, Omaha; Mutual of Omaha, Omaha: Two Roads Advisors, New York, NY
Post-graduation Employment: Investment Banking Analyst, Lincoln International, Chicago, IL
Decision Articles: Assurant Inc.’s Specialty Insurance Niche Drives Addition to CUSP
CUSP Return Attribution for 2021
Alex Littleton
Major(s): Finance (Financial Analysis track) and Economics
Hometown: Appleton, Wisconsin
Internship(s): Markel, Omaha; Fidelity Financial Corporation, Omaha; Carson Group, Omaha
Post-graduation Employment: Financial Analyst, Carson Group, Omaha
Decision Article: Horizon Therapeutics Added to Healthcare Sector
Analysis Article: A Year in Review
Josephine Otto
Major(s): Finance (Financial Planning track)
Hometown: Alliance, Nebraska
Internship(s): Box Butte General Hospital, Alliance, NE; Edward Jones Investments, Alliance, NE and St. Louis, MO
Post-graduation Education: Master of Financial Planning Graduate Student, Creighton University
Decision Article: Horizon Therapeutics Added to Healthcare Sector
Analysis Article: A Year in Review
Dave Roberts
Major(s): Finance and Accounting
Hometown: Dunlap, Iowa
Internship(s): JPMorgan Chase, Dallas, TX; KPMG, Omaha; Union Pacific, Omaha
Post-graduation Employment: Associate, L.E.K. Consulting, Chicago, IL
Decision Article: CUSP Selects CASY as Consumer Staples Sector Choice
Analysis Article: Capturing Value through Satellite Holdings
Jake Ronneberg
Major(s): Finance (Financial Analysis track); Minor: Mathematics
Hometown: Naperville, Illinois
Internship(s): Mutual of Omaha, Omaha; Goldman Sachs, New York, NY
Post-graduation Employment: Investment Banking Analyst, William Blair, Chicago, IL
Decision Articles: Assurant Inc.’s Specialty Insurance Niche Drives Addition to CUSP
CUSP Return Attribution for 2021
Noah Schalley
Major(s): FinTech and Economics
Hometown: Omaha, Nebraska
Internship(s): Tributary Capital Management, Omaha; Bridgepoint Investment Banking, Omaha
Post-graduation Employment: Investment Banking Analyst, William Blair, Chicago, IL
Decision Articles: Nexstar Added to CUSP in April 2022
Meta Voted a Hold for CUSP April 19th
Analysis Article: CUSP Investment Style
Kristian Shad
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Omaha, Nebraska
Internship(s): Infinity CPA Group, Omaha; Circle CPA, Omaha
Decision Article: CUSP Managers Vote for Status Quo in Industrial Sector
Analysis Article: 2022 CUSP Sector Allocation
Jackson Stamper
Major(s): Fintech and Business Intelligence and Analytics
Hometown: Bettendorf, Iowa
Internship(s): TRD Incorporated, Bettendorf, IA; TD Ameritrade, Omaha; McCarthy Capital, Omaha; Five Elms Capital, Kansas City, MO
Post-graduation Employment: Financial Analyst, Five Elms Capital, Kansas City, MO
Decision Articles: Teradyne’s Market Niche Spurs Purchase for CUSP
Qualcomm’s Unique Patents and Attributes Appeal to CUSP Managers
CUSP Managers Sell Skyworks and Hold Applied Materials
Analysis Article: 2022 CUSP Market Cap Analysis
Annie Trettel
Major(s): Finance (Financial Analysis track) and International Business; Minor: Spanish
Hometown: Kearney, Nebraska
Internship(s): Dundee Bank, Omaha; NETeamMates, Omaha; Harrison Financial Services, Omaha
Post-graduation Employment: Private Bank Analyst, J.P. Morgan, Minneapolis, MN
Decision Articles: BERY: Portfolio Practicum’s Choice for the Materials Sector
Freeport-McMoRan Is Added to CUSP Based on Its Prospects for Mining Copper
Analysis Article: Portfolio Rebalancing to Meeting University Guidelines
Izzy Watts
Major(s): Finance (Financial Analysis track) and Accounting
Hometown: Denver, Colorado
Internship(s): Union Pacific, Omaha; RubinBrown, Denver, CO
Post-graduation Employment: Audit, RSM, Denver, CO
Decision Article: O’Reilly Investment Decision
Analysis Article: CUSP Returns Analysis
Jack Wolfgram
Major(s): Finance and Accounting
Hometown: Yankton, South Dakota
Internship(s): Mutual of Omaha, Omaha; Union Pacific, Omaha
Post-graduation Employment: Financial Planning Associate, WIT Capital Management, Omaha
Decision Article: CUSP Selects CASY as Consumer Staples Sector Choice
Analysis Article: Capturing Value through Satellite Holdings
2021-2022 CUSP Decisions
Assurant Inc.’s Specialty Insurance Niche Drives Addition to CUSP (Lakeman and Ronneberg)
CUSP Selects CASY as Consumer Staples Sector Choice (Roberts and Wolfgram)
Teradyne’s Market Niche Spurs Purchase for CUSP (Bohnemann, Horack and Stamper)
BERY: Portfolio Practicum’s Choice for the Materials Sector (Trettel and Keaton)
O’Reilly Investment Decision (Watts and Gilbertson)
Nexstar Added to CUSP in April 2022 (Eckels and Schalley)
Qualcomm’s Unique Patents and Attributes Appeal to CUSP Managers (Bohnemann, Horak and Stamper)
CUSP Managers Vote for Status Quo in Industrial Sector (Shad and Hill)
Freeport-McMoRan Is Added to CUSP Based on Its Prospects for Mining Copper (Trettel and Keaton)
Horizon Therapeutics Added to Healthcare Sector (Littleton and Otto)
CUSP Managers Sell Skyworks and Hold Applied Materials (Horak, Stamper, Bohnemann)
Meta Voted a Hold for CUSP April 19th (Eckels and Schalley)
CUSP Return Attribution for 2021 (Lakeman and Ronneberg)
Financials Discussion (Cote and Huynh)
2022 CUSP Analysis
Portfolio Rebalancing to Meeting University Guidelines (Trettel and Keaton)
2022 CUSP Sector Allocation (Hill and Shad)
CUSP Investment Style (Eckels and Schalley)
A Year in Review (Littleton and Otto)
2022 CUSP Market Cap Analysis (Horak, Stamper, Bohnemann)
Capturing Value through Satellite Holdings (Roberts and Wolfgram)
CUSP Returns Analysis (Gilbertson and Watts)
CUSP Stock Purchases and Sales during the 2021-2022 Academic Year
May 2022 CUSP Academic Year End Holdings
| Sector | Holding | Ticker | Market Value ($) | CUSP Weight (%) |
| Consumer Discretionary | $997,264.85 | 10.35% | ||
| Amazon | AMZN | $186,380.25 | 1.93% | |
| Booking Hldgs | BKNG | $105,296.50 | 1.09% | |
| Hasbro Inc | HAS | $158,532.40 | 1.64% | |
| Mcdonalds | MCD | $245,870.00 | 2.55% | |
| O Reilly Automotive | ORLY | $96,558.40 | 1.00% | |
| Ulta | ULTA | $204,627.30 | 2.12% | |
| Consumer Staples | $804,132.90 | 8.34% | ||
| Caseys | CASY | $161,806.35 | 1.68% | |
| Constellation Brands | STZ | $232,797.50 | 2.42% | |
| Pepsico | PEP | $251,145.05 | 2.61% | |
| Philip Morris Intl | PM | $158,384.00 | 1.64% | |
| Energy | $218,915.00 | 2.27% | ||
| Callon Pete Co | CPE | $40,176.00 | 0.42% | |
| Chevron Corp | CVX | $178,739.00 | 1.85% | |
| Financials | $1,238,684.00 | 12.85% | ||
| Allstate | ALL | $168,714.00 | 1.75% | |
| Bank Of America | BAC | $146,464.00 | 1.52% | |
| Assurant Inc | AIZ | $211,641.00 | 2.20% | |
| Evercore Inc | EVR | $177,856.00 | 1.85% | |
| Hilltop Holdings | HTH | $148,458.50 | 1.54% | |
| Jpmorgan Chase | JPM | $166,090.50 | 1.72% | |
| Prudential Finl | PRU | $219,460.00 | 2.28% | |
| Health Care | $1,299,235.60 | 13.48% | ||
| Abbott | ABT | $152,904.80 | 1.59% | |
| Horizon | HZNP | $104,192.00 | 1.08% | |
| Medtronic | MDT | $206,220.00 | 2.14% | |
| Regeneron | REGN | $231,171.50 | 2.40% | |
| Resmed | RMD | $157,136.00 | 1.63% | |
| Unitedhealth Group | UNH | $232,323.30 | 2.41% | |
| Vertex | VRTX | $215,288.00 | 2.23% | |
| Industrials | $1,071,166.50 | 11.11% | ||
| 3M Company | MMM | $102,175.20 | 1.06% | |
| Acuity Brands | AYI | $156,042.00 | 1.62% | |
| Amerco Com | UHAL | $202,978.30 | 2.11% | |
| Boeing | BA | $107,506.00 | 1.12% | |
| Fedex | FDX | $103,708.80 | 1.08% | |
| Snap On Inc | SNA | $129,670.20 | 1.35% | |
| Triton Intl Ltd | TRTN | $269,086.00 | 2.79% | |
| Information Technology | $2,281,101.10 | 23.67% | ||
| Adobe | ADBE | $142,653.00 | 1.48% | |
| Apple | AAPL | $223,272.00 | 2.32% | |
| Applied Matls | AMAT | $204,840.00 | 2.13% | |
| Fabrinet Shs | FN | $187,260.00 | 1.94% | |
| Lam Resh | LRCX | $169,886.50 | 1.76% | |
| Micron Technology | MU | $163,898.00 | 1.70% | |
| Microsoft | MSFT | $284,597.80 | 2.95% | |
| Mks Instrument | MKSI | $134,176.00 | 1.39% | |
| Oracle | ORCL | $183,225.00 | 1.90% | |
| Qualcomm Inc | QCOM | $173,112.00 | 1.80% | |
| Teradyne | TER | $161,823.20 | 1.68% | |
| Visa Inc Com | V | $252,357.60 | 2.57% | |
| Materials | $433,789.80 | 4.50% | ||
| Albemarle | ALB | $90,675.20 | 0.94% | |
| Bery Global | BERY | $150,098.00 | 1.56% | |
| Freeport-McMoran | FCX | $84,315.00 | 0.87% | |
| Lyondellbasell Industries N V | LYB | $108,701.60 | 1.13% | |
| Real Estate | $399,848.61 | 4.15% | ||
| American Tower | AMT | $119,299.95 | 1.24% | |
| Mgm Growth Pptys Llc Cl | MGP | $166,072.40 | 1.72% | |
| VICI Properties Inc | VICI | $114,476.26 | 1.19% | |
| Communication Services | $889,881.85 | 9.23% | ||
| Alphabet Inc Cap Stk | GOOG | $283,510.80 | 2.94% | |
| Disney Walt | DIS | $160,105.50 | 1.66% | |
| Electronic Arts | EA | $147,012.00 | 1.53% | |
| Facebook Inc | FB | $93,293.20 | 0.97% | |
| Nexstar Media Group | NXST | $133,790.25 | 1.39% | |
| Verizon Communications | VZ | $72,170.10 | 0.75% | |
Due to Covid 19, we did not produce Portfolio Practicum annual reports for the last two years. Previous years’ reports can be viewed here:
- Value Investing Panel (VIP), organized and run by Portfolio Practicum students, is an investor educational event designed for individuals interested in value investing
- The panel is comprised of highly-regarded investment professionals from across the U.S. who come together to share their insights on how to be a successful investor
- VIP is open to the public and held in conjunction with the Berkshire Hathaway Annual Meeting
- Panelists first respond to and discuss student questions then address audience questions
