Performance Snapshot | What We Do | Investment Philosophy | Structure & Leadership | Attribution & Risk Profile | Join Us
Performance Snapshot
(As of Sept. 30, 2026)
| +$2.9 Million | >85% | 0.72 | ≤2.5% | 40-50 | S&P 500 |
| Total AUM across 3 accounts | 3 Year Total Return (Ann.) | IR TTM | Cash | Holdings | Investment Universe |
What We Do
We are a student-run investment fund managing over $2.9 million in assets. We mimic the structure of an asset management firm, giving students the opportunity to manage real money in financial markets and bridging the gap between theory and practice.
91ÁÔÆæs learn to use financial statements, perform analysis and valuations, and manage a portfolio, with access to Bloomberg Terminals. We are a long-only U.S. equity fund benchmarked to the S&P 500, and decisions come from bottom-up fundamental research.
We do not simply hug or attempt to time the market. Rather than mirroring the S&P 500, our sector weights and positions are intentional: we concentrate capital in our highest-conviction ideas, accept active positioning when the risk and reward warrant it, and continuously monitor every position against the benchmark and the fund’s thesis.
JOIN US!
Weekly meetings are held on Tuesdays in Bastin Hall, room 119, at 6:30 pm.
Investment Philosophy
Our investment philosophy reflects 91ÁÔÆæ’s commitment to developing principled leaders through honor, duty, and service. We apply these principles to the responsible management of capital, emphasizing disciplined research, independent judgment, and accountability for investment decisions.
We seek to identify high-quality businesses with strong leadership, attractive valuations, and durable growth prospects. By combining fundamental analysis with active portfolio management, we aim to generate long-term value while maintaining a clear understanding of portfolio risk.
The Three-Legged Stool
| LEADERSHIP – Management quality and execution | VALUATION – Price paid versus intrinsic value. | GROWTH – Durable, sustainable expansion. |
Structure & Leadership
The team operates like a professional investment Fund, with research leaders guiding investment decisions and functional leaders guiding intelligence and strategy.
Senior Leadership Team:
- Faculty Advisor: Dr. Stacey Nutt
- Senior Portfolio Manager: Dylan Rasin
- Portfolio Manager: William Owens
Research Leads
- Investment Insights Lead: Will Hazel
- Value Lead: Legare Mansfield
- Growth Lead: Jack Sumner
- Leadership Lead: Daniel Harper
Functional Leads
- Earnings Lead: Ryan Ruggieri
- News Lead: Luca Bracale
- Current Holdings Lead: Peyton Pilgrim
- Allocation Lead: Davis Byrd
- Risk Lead: Rhyder Poppell
- Outreach Lead: Zach Johnson
Attribution & Risk Profile
Year-to-date (YTD) metrics, as of September 30, 2026.
Positive active return is driven primarily by security selection, indicating that individual investment decisions are the largest contributors to outperformance relative to the benchmark. Portfolio risk is concentrated in company-specific exposures and sector positioning, highlighting the impact of individual holdings on overall performance. We address these risks through active portfolio rebalancing, selective profit-taking, and disciplined position sizing while maintaining conviction in our strongest research-backed investment opportunities.
| 6.93% | 1.76% |
| YTD active return: security selection | YTD active return: asset allocation |
| Risk Metric (YTD) | Active |
| Total active risk | 5% – 6% |
| Systematic risk | <=45% |
| Idiosyncrratic risk | >=55% |
Join Us
Why Join the SMIF
Hands-On Portfolio Management
You manage real institutional capital, not a paper portfolio or a classroom simulation. Every position you help select carries real accountability to an accomplished faculty advisor and a tenured investment committee.
Bloomberg Terminal Access
Build fluency with the same tools used on Wall Street. Hands-on time with professional tools and real equity-driven investment research gives you a technical edge most undergraduates never get before their first job or internship.
Direct Mentorship
Driven students focused on future endeavors, learning from those around you through constant feedback, open discussion, and hands-on guidance throughout your time with the SMIF.
A Pathway to Finance
Gain real investment experience, develop practical skills, and build the confidence to succeed in any finance career without having internship experience.