Below are the Sector Teams for the Fall 2013 Student Investment Group Semester:
Sector Head: Brian Cannon
Mentor: Christina Gannon
Sector Head: Emilia Atanassova
Mentor: Justin Alves
Automobiles & Industrials
Sector Head: Phil Velez
Jake De Wulf
Mentor: Ben Greene
Energy & Utilities
Sector Head: Will Yurcik
Mentor: Ben Greene
Healthcare & Chemicals
Sector Head: Thomas McInerney
Mentor: Nick DellaVechia
Sector Head: Alan Yao
Mentor: Nolan Funchion
As we said goodbye to our seniors of the group and the year's Executive Board, the members of the group elected a new Executive Board!
Here are the new members and the role they are filling:
Nolan Funchion: Co-President
Ben Greene: Co-President
Justin Alves: Vice President of Portfolio Management
Nick DellaVecchia: Vice President of Securities Analysis
Christina Gannon: Vice President of Internal Affairs and Marketing
The new Executive Board is excited and honored that the group voted for them at our last meeting and look forward to leading the group and expanding our presence on the Dickinson College campus.
After a successful first year with the first round of hiring, we are moving this year into full-scale by doubling our member base.
With student interest exceeding our highest expectations, we managed to introduce 15 new analysts while remaining extremely competitive with an acceptance rate below 50%!
Having this strong analyst base in place, we established sector research teams to gather ideas and build our group flagship portfolio. The sector teams in Fall 2012 were:
TMT (Telecom, Media, Technology) under mentorship of Ben Greene:
Evan Kagawa (Senior Analyst), Win Reilly (Junior Analyst - new recruit), Alan Yao (Junior Analyst - new recruit)
Energy & Utilities under mentorship of Blake Lawrence:
Jay Krebs (SA), Emilia Atanassova (JA - new recruit), Chris Hubbard (JA - new recruit)
Consumer Goods under mentorship of Adam Volchko:
Chen Chen Huan (SA), Andrew Dietz (SA), Emma Schultz (JA - new recruit), Christina Gannon (JA - new recruit)
Automotive & Industrials under mentorship of Marian Christian Mueller-Wolf / Blake Lawrence:
Tom McInerney (JA - new recruit), Jake De Wulf (JA - new recruit), Will Yurcik (JA - new recruit)
Financials under mentorship of Yasmine Belaoura:
Cody Hickok (JA - new recruit), Jake Schreer (JA - new recruit), Franco Mena (JA - new recruit)
Healthcare & Chemicals under mentorship of Marian Christian Mueller-Wolf:
Grant Close (JA - new recruit), Nick DellaVecchia (JA - new recruit), Phil Shichman (JA - new recruit)
We were excited with the outcome and quality of the presentations of work from the Analysts, their strong participation in the group's Marketwatch Investment Competition (shutout at this point to the winner in the Fall 2012 - Cody Hickok!), and are looking forward to finalizing the Flagship Portfolio in the beginning of Spring 2013, on top of many changes and upgrades in store for the coming semester...
The Annual Meeting was a great success, and we would like to welcome the following members to the Executive Board and Senior Analyst levels:
Marian Christian Mueller-Wolf; Co President
Adam A. Volchko; Co President
Yasmine Belaoura; Vice President of Marketing and PR
Blake Lawrence; Vice President of Portfolio Management
Ben Greene; Vice President of Securities Analysis
Justin Alves; Vice President of Internal Affairs
Hieu Nguyen; Senior Analyst (since 2011)
Evan Kagawa; Senior Analyst (since 2011)
Chen Chen Huang; Senior Analyst (since 2011)
Jay Krebs; Senior Analyst
Andrew Dietz; Senior Analyst
Alex Mesoras; Senior Analyst
Congratulations to everyone! We had an amazing year! Let's exceed expectations for next year, and keep the momentum going!
Pictures from the Annual Meeting will be posted to our Facebook group soon.
Follow the Student Investment Group on Twitter: SIGatDickinson
Monday is the Annual Meeting for the Student Investment Group. 5:00pm Old West
Adam A. Volchko
Dear members and friends of the SIG,
This group began simply as an idea in the head of our founder and current President, Evan G. Kontras, in 2010. His vision was shared by a handful of other students, myself included, and the group went from an idea to a reality in spring of 2011. It was Evan’s vision to create a group that invested real money, and learned in an immersive and collaborative setting.
It has been one full year since the Student Investment Group officially started working on campus, and with membership, demand, and support growing we will be here for the foreseeable future. Unfortunately, the real money did not materialize in 2011, but instead the group managed approximately $30,000,000 in virtual funds. This portfolio started out as a $10,000,000 portfolio that was broadly diversified according to an allocation based on endowment management theory. Through careful and successful management of short-term futures contracts, the portfolio’s value increased to almost three times its initial value within 14 months. The portfolio was liquidated earlier this year, and the cash was put into an escrow account with CBOE.
Earlier this year, $10,000,000 was set aside to become SIG’s Flagship Portfolio (SIGF). By the end of the spring term, the group will have decided how to allocate that sum of money, and over the summer, will execute the trades after carefully watching world financial markets for the proper entry point. Summer tends to be a time of sell-off’s, and we want to avoid poor entry so that we can achieve the best possible returns.
In addition, the end of this semester marks a major shift for the group. Evan G. Kontras will be graduating this spring. The Group has been controlled by its founding members to ensure that it takes off, and it certainly has done so. It is Evan’s wish that M. Christian Mueller-Wolf and I manage the group as co-Presidents next year in order to allow others to rise up through the voting process written in our constitution. This will mark the first election of the SIG, and it will hopefully begin a continuous line of managers that are highly dedicated to the group and its founder’s vision. This marks the final phase of the start-up of the SIG.
We currently have over ten members, and there is a clear demand for such a group on campus. This is demonstrated by Dean Balmer contacting us with information on an incoming student who expressed interest in being part of the group, and we had an impressive amount of student contact us that expressed interest in applying next semester. We hope to work with Dean Balmer and other Administrators and Faculty to increase awareness of the SIG. This will do more than just promote the group—it will give Dickinson College another tool to market itself to prospective students. Other schools have groups similar to ours, and now Dickinson College can claim the same as some of its peers. This is an exciting endeavor, and it is wonderful that we can make our vision a reality, and at the same time be an asset to the college.
As you all know, we recently were invited to attend the Board of Trustees meeting with Investure. Investure manages our schools endowment, and Alice Handy has expressed her willingness to speak with us in the future. We were also able to speak with Mr. Thomas Kalaris of Barclay’s Wealth, and he too expressed his interest in working with the group. Over the course of the semester, I have talked with many administrators and alumni in order to promote this group. So far, we are creating an excellent network of contacts that seem to have great interest in helping us. I hope that all of you will continue to promote the SIG and remain dedicated members so that this group can survive far into the future. Therefore, the Excecutive Board and I encourage you all to talk to other students who have the time and the ambition to become part of this group. You all are the future, and very soon the torch will pass into your hands. Dickinson College is more than a college—it is a legacy. We are now part of that legacy, and this is both an honor and a responsibility. We must ensure that this group can survive and meet the goals that will be set for it internally and externally.
The Executive Board and I wish you all a splendid summer, and we look forward to finishing this year with a bang! Thank you to all of our analysts for taking so much time to make this group function. If it were not for you, the group would not exist. So, we encourage you to stick with it because things will only get more exciting from this point forward.
Adam A. Volchko ‘13
Vice President of Portfolio Management, SIG@DC
Finance and Administration Analyst, Dickinson College
Historically, the perception has been that an investment group run by students could not sustain itself at Dickinson due to a lack of continued interest. This presumption was surely wrong as there is a huge student and even alumni demand for such a group. Unfortunately, a lack of structure plagued past investment groups from maintaining any longevity - they ceased to exist.
But the SIG defies the above trend as we're built upon student collaboration, leadership, and management (of people) with the goal of creating a fulfilling, educational, and enjoyable student experience.
The group maintains its focus and energy each year by encouraging both new and experienced members to expand their knowledge and apply it to meet and outperform benchmarks and expectations. Whether its with our semester-long Portfolio Challenge, or internal research collaboration sessions, students have the opportunity to learn and have a lot of fun along the way.
An individual’s hard work never goes unnoticed. We recognize the due diligence and achievements of members with accolades and gifting prizes based on performance. The culture is a friendly yet competitive balance that empowers members, and gives the group self-value and a sense of community.
The SIG is structured to prevent any lapses in leadership, sustaining itself long into the future. But we're always on the lookout for new leaders, so drop us a line at firstname.lastname@example.org if we're of interest to you!
-The Executive Board