2023 Student-Managed Investment Fund Stock Pitch Competition Winners Announced

Teams of finance students from the Mike Ilitch School of Business competed for the highly coveted Kresge Foundation Investment Award at the school's spring 2023 Student-Managed Investment Fund (SMIF) Stock Pitch Competition conducted on April 19.

The team of Amir Ahmic, Max Livernois and Matt Wasik took top honors for their winning presentation on Quanta Services, Inc. to the SMIF Advisory Board.

The competition was the culmination of a finance course that taught students portfolio management and equity asset valuation. The course (FIN 5220 and FIN 7990) was created in 2015 with seed funding from Fifth Third Bank and complements a $2 million student-managed investment fund that was established by Kresge's Investment Office in 2018. The fund grew to over $3 million, and following a rebalancing at Kresge, has a current market value of $2 million.

The event was hosted by course instructor Julie Hollinshead and attended by members of the SMIF Advisory Board and additional Kresge Foundation staff.