Diamond Hill Capital Management, LLC (Investment Advisor)

COLUMBUS, OH · CIK 1217541 · 13F filing filed 2025-08-12

SEC-registered investment adviser since 1988 · limited liability company

Assets managed$29.4bn
Staff120 · 42 in investment roles
Main clients (by assets)Mutual funds and ETFs 74%, Private funds 9%, Other advisers 8%
Private funds1 (1 hedge) · $31.0m gross assets
Websitediamond-hill.com
Form ADV · 2026-08-19SEC adviser record

Legal entityDIAMOND HILL CAPITAL MANAGEMENT, LLC (US)
Part of DIAMOND HILL INVESTMENT GROUP, LLC (US)

$21.8bn reported value -0.3% vs Q1 2025

180positions

29.8%in top 10

11 new 53 added 107 reduced 5 sold out vs Q1 2025

Also in the report of:

PERSONAL CFO SOLUTIONS, LLC – $49.4m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AMERICAN INTL GROUP INC COM NEW AIG	AIG	11,612,075	$993.9m4.57%	4.57%	Reduced -721.3k	-721,301 -5.8%
2	ABBOTT LABS COM ABT	ABT	5,912,808	$804.2m3.70%	3.70%	Reduced -161.0k	-160,957 -2.6%
3	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,571,929	$763.6m3.51%	3.51%	Added +36.5k	+36,507 2.4%
4	TEXAS INSTRS INC COM TXN	TXN	3,562,295	$739.6m3.40%	3.40%	Added +121.7k	+121,706 3.5%
5	CAPITAL ONE FINL CORP COM COF	COF	2,910,758	$619.3m2.85%	2.85%	Added +781.1k	+781,098 36.7%
6	AON PLC SHS CL A AON	AON	1,574,511	$561.7m2.58%	2.58%	Added +361.9k	+361,912 29.9%
7	SYSCO CORP COM SYY	SYY	7,023,996	$532.0m2.45%	2.45%	Reduced -329.6k	-329,555 -4.5%
8	COLGATE PALMOLIVE CO COM CL	CL	5,504,753	$500.4m2.30%	2.30%	Reduced -58.2k	-58,215 -1.1%
9	BANK AMERICA CORP COM BAC	BAC	10,330,125	$488.8m2.25%	2.25%	Reduced -3.1m	-3,061,850 -22.9%
10	CONOCOPHILLIPS COM COP	COP	5,434,856	$487.7m2.24%	2.24%	Reduced -456.5k	-456,467 -7.8%
11	LABCORP HOLDINGS INC COM SHS LH	LH	1,823,506	$478.7m2.20%	2.20%	Reduced -128.1k	-128,081 -6.6%
12	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	2,162,818	$471.0m2.16%	2.16%	Reduced -79.5k	-79,484 -3.5%
13	CARMAX INC COM KMX	KMX	6,961,938	$467.9m2.15%	2.15%	Added +1.1m	+1,102,820 18.8%
14	UNION PAC CORP COM UNP	UNP	1,936,880	$445.6m2.05%	2.05%	Added +85.6k	+85,620 4.6%
15	REGAL REXNORD CORPORATION COM RRX	RRX	3,018,762	$437.6m2.01%	2.01%	Reduced -64.9k	-64,860 -2.1%
16	PFIZER INC COM PFE	PFE	17,664,353	$428.2m1.97%	1.97%	Reduced -952.2k	-952,171 -5.1%
17	SALESFORCE INC COM CRM	CRM	1,497,512	$408.4m1.88%	1.88%	Added +211.6k	+211,554 16.4%
18	DISNEY WALT CO COM DIS	DIS	3,131,761	$388.4m1.79%	1.79%	Added +315.2k	+315,213 11.2%
19	WASTE MGMT INC DEL COM WM	WM	1,686,883	$386.0m1.77%	1.77%	Reduced -141.3k	-141,345 -7.7%
20	DIAMONDBACK ENERGY INC COM FANG	FANG	2,707,330	$372.0m1.71%	1.71%	Reduced -225.2k	-225,154 -7.7%
21	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	4,348,383	$360.0m1.65%	1.65%	Reduced -1.4m	-1,445,882 -24.9%
22	GENERAL MTRS CO COM GM	GM	7,314,452	$359.9m1.65%	1.65%	Reduced -2.8m	-2,800,898 -27.7%
23	AMAZON COM INC COM AMZN	AMZN	1,616,113	$354.6m1.63%	1.63%	Added +98.8k	+98,751 6.5%
24	MARTIN MARIETTA MATLS INC COM MLM	MLM	641,987	$352.4m1.62%	1.62%	Reduced -17.4k	-17,376 -2.6%
25	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	1,488,838	$349.6m1.61%	1.61%	Reduced -507.9k	-507,935 -25.4%
26	METLIFE INC COM MET	MET	4,098,877	$329.6m1.52%	1.52%	Reduced -98.0k	-97,967 -2.3%
27	ADOBE INC COM ADBE	ADBE	849,582	$328.7m1.51%	1.51%	New
28	GENERAL MLS INC COM GIS	GIS	6,244,508	$323.5m1.49%	1.49%	Added +1.6m	+1,568,641 33.5%
29	L3HARRIS TECHNOLOGIES INC COM LHX	LHX	1,239,277	$310.9m1.43%	1.43%	Reduced -74.0k	-74,040 -5.6%
30	CATERPILLAR INC COM CAT	CAT	797,199	$309.5m1.42%	1.42%	Added +96.5k	+96,463 13.8%
31	NVR INC COM NVR	NVR	41,220	$304.4m1.40%	1.40%	Reduced -364	-364 -0.9%
32	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	2,536,032	$295.9m1.36%	1.36%	Added +265.7k	+265,670 11.7%
33	LULULEMON ATHLETICA INC COM LULU	LULU	1,206,003	$286.5m1.32%	1.32%	Added +77.4k	+77,396 6.9%
34	HCA HEALTHCARE INC COM HCA	HCA	732,008	$280.4m1.29%	1.29%	Reduced -476.8k	-476,778 -39.4%
35	EXTRA SPACE STORAGE INC COM EXR	EXR	1,887,291	$278.3m1.28%	1.28%	Reduced -56.4k	-56,395 -2.9%
36	KEYCORP COM KEY	KEY	15,953,842	$277.9m1.28%	1.28%	Reduced -1.3m	-1,318,021 -7.6%
37	STARBUCKS CORP COM SBUX	SBUX	2,954,598	$270.7m1.24%	1.24%	Added +467.0k	+466,958 18.8%
38	MEDTRONIC PLC SHS MDT	MDT	2,934,492	$255.8m1.18%	1.18%	Reduced -148.5k	-148,508 -4.8%
39	INTERNATIONAL PAPER CO COM IP	IP	5,324,154	$249.3m1.15%	1.15%	Added +366.0k	+365,977 7.4%
40	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	820,276	$245.2m1.13%	1.13%	Added +192.5k	+192,500 30.7%
41	HARTFORD INSURANCE GROUP INC COM HIG	HIG	1,865,058	$236.6m1.09%	1.09%	Reduced -299.4k	-299,372 -13.8%
42	VISA INC COM CL A V	V	661,891	$235.0m1.08%	1.08%	Reduced -39.5k	-39,523 -5.6%
43	NASDAQ INC COM NDAQ	NDAQ	2,557,693	$228.7m1.05%	1.05%	Reduced -165.2k	-165,233 -6.1%
44	TARGET CORP COM TGT	TGT	2,268,921	$223.8m1.03%	1.03%	Added +7.4k	+7,425 0.3%
45	DEERE & CO COM DE	DE	428,771	$218.0m1.00%	1.00%	Reduced -23.9k	-23,872 -5.3%
46	NUCOR CORP COM NUE	NUE	1,646,260	$213.3m0.98%	0.98%	Added +27.5k	+27,476 1.7%
47	RED ROCK RESORTS INC CL A RRR	RRR	3,327,065	$173.1m0.80%	0.80%	Reduced -481.9k	-481,896 -12.7%
48	MR COOPER GROUP INC COM WMIH	WMIH	1,108,167	$165.3m0.76%	0.76%	Reduced -341.1k	-341,060 -23.5%
49	WESCO INTL INC COM WCC	WCC	814,787	$150.9m0.69%	0.69%	Reduced -83.4k	-83,441 -9.3%
50	HUNTINGTON INGALLS INDS INC COM HII	HII	473,111	$114.2m0.53%	0.53%	Reduced -61.6k	-61,626 -11.5%
51	POST HLDGS INC COM POST	POST	910,151	$99.2m0.46%	0.46%	Reduced -189.1k	-189,118 -17.2%
52	MICROSOFT CORP COM MSFT	MSFT	193,141	$96.1m0.44%	0.44%	Reduced -14.4k	-14,355 -6.9%
53	PARKER-HANNIFIN CORP COM PH	PH	132,357	$92.4m0.42%	0.42%	Reduced -5.1k	-5,138 -3.7%
54	META PLATFORMS INC CL A META	META	116,484	$86.0m0.40%	0.40%	Reduced -8.6k	-8,595 -6.9%
55	WNS HLDGS LTD COM SHS WNS	WNS	1,338,131	$84.6m0.39%	0.39%	Reduced -70.4k	-70,370 -5.0%
56	CITIGROUP INC COM NEW C	C	971,321	$82.7m0.38%	0.38%	Reduced -221.5k	-221,463 -18.6%
57	VERISIGN INC COM VRSN	VRSN	284,880	$82.3m0.38%	0.38%	Reduced -75.1k	-75,116 -20.9%
58	ASHLAND INC COM ASH	ASH	1,497,022	$75.3m0.35%	0.35%	Reduced -186.6k	-186,605 -11.1%
59	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	327,979	$74.3m0.34%	0.34%	Added +13.8k	+13,815 4.4%
60	ALPHABET INC CAP STK CL A GOOGL	GOOGL	421,390	$74.3m0.34%	0.34%	Unchanged
61	CUBESMART COM CUBE	CUBE	1,737,922	$73.9m0.34%	0.34%	Reduced -175.3k	-175,263 -9.2%
62	COTERRA ENERGY INC COM CTRA	CTRA	2,559,287	$65.0m0.30%	0.30%	Reduced -198.6k	-198,589 -7.2%
63	CIENA CORP COM NEW CIEN	CIEN	756,571	$61.5m0.28%	0.28%	Reduced -66.5k	-66,510 -8.1%
64	MID-AMER APT CMNTYS INC COM MAA	MAA	370,082	$54.8m0.25%	0.25%	Reduced -55.4k	-55,386 -13.0%
65	SOLVENTUM CORP COM SHS SOLV	SOLV	720,961	$54.7m0.25%	0.25%	Added +143.8k	+143,788 24.9%
66	FREEPORT-MCMORAN INC CL B FCX	FCX	1,254,310	$54.4m0.25%	0.25%	Reduced -45.3k	-45,290 -3.5%
67	GATES INDL CORP PLC ORD SHS 9666678D	9666678D	2,183,646	$50.3m0.23%	0.23%	Reduced -393.0k	-393,033 -15.2%
68	TELEFLEX INCORPORATED COM TFX	TFX	424,597	$50.3m0.23%	0.23%	Reduced -160.0k	-159,989 -27.4%
69	RYMAN HOSPITALITY PPTYS INC COM RHP	RHP	499,947	$49.3m0.23%	0.23%	Reduced -59.5k	-59,550 -10.6%
70	WEBSTER FINL CORP COM WBS	WBS	855,372	$46.7m0.21%	0.21%	Reduced -129.8k	-129,846 -13.2%
71	LEAR CORP COM NEW LEA	LEA	474,852	$45.1m0.21%	0.21%	Reduced -142.8k	-142,772 -23.1%
72	PERRIGO CO PLC SHS PRGO	PRGO	1,655,383	$44.2m0.20%	0.20%	Reduced -239.4k	-239,356 -12.6%
73	CIMPRESS PLC SHS EURO CMPR	CMPR	938,081	$44.1m0.20%	0.20%	Added +16.4k	+16,420 1.8%
74	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	418,066	$43.7m0.20%	0.20%	Reduced -56.6k	-56,606 -11.9%
75	FIDELITY NATL INFORMATION SV COM FIS	FIS	502,451	$40.9m0.19%	0.19%	Reduced -49.5k	-49,504 -9.0%
76	UGI CORP NEW COM UGI	UGI	1,085,610	$39.5m0.18%	0.18%	Reduced -143.0k	-143,013 -11.6%
77	ICON PLC SHS ICLR	ICLR	261,613	$38.1m0.17%	0.17%	Reduced -4.3k	-4,253 -1.6%
78	ILLUMINA INC COM ILMN	ILMN	379,781	$36.2m0.17%	0.17%	Added +50.8k	+50,808 15.4%
79	LANCASTER COLONY CORP COM MZTI	MZTI	206,120	$35.6m0.16%	0.16%	Reduced -56.0k	-55,963 -21.4%
80	BOSTON SCIENTIFIC CORP COM BSX	BSX	331,271	$35.6m0.16%	0.16%	Reduced -61.1k	-61,108 -15.6%
81	TRUIST FINL CORP COM TFC	TFC	750,576	$32.3m0.15%	0.15%	Added +23.3k	+23,336 3.2%
82	CIVITAS RESOURCES INC COM NEW CIVI	CIVI	1,101,680	$30.3m0.14%	0.14%	Reduced -191.2k	-191,162 -14.8%
83	FORTUNE BRANDS INNOVATIONS I COM FBIN	FBIN	581,958	$30.0m0.14%	0.14%	Added +126.0k	+125,999 27.6%
84	COHERENT CORP COM COHR	COHR	320,728	$28.6m0.13%	0.13%	Added +98.1k	+98,079 44.0%
85	TRANSUNION COM TRU	TRU	317,302	$27.9m0.13%	0.13%	Added +150.9k	+150,900 90.7%
86	FIRST ADVANTAGE CORP NEW COM FA	FA	1,670,431	$27.7m0.13%	0.13%	Reduced -690.7k	-690,684 -29.2%
87	JOHNSON CTLS INTL PLC SHS JCI	JCI	261,713	$27.6m0.13%	0.13%	Reduced -65.9k	-65,913 -20.1%
88	TELEDYNE TECHNOLOGIES INC COM TDY	TDY	53,719	$27.5m0.13%	0.13%	Reduced -7.5k	-7,527 -12.3%
89	LIVE OAK BANCSHARES INC COM LOB	LOB	917,663	$27.3m0.13%	0.13%	Reduced -149.2k	-149,228 -14.0%
90	ULTA BEAUTY INC COM ULTA	ULTA	58,037	$27.2m0.12%	0.12%	Reduced -103.1k	-103,143 -64.0%
91	GODADDY INC CL A GDDY	GDDY	149,956	$27.0m0.12%	0.12%	Reduced -21.2k	-21,152 -12.4%
92	BECTON DICKINSON & CO COM BDX	BDX	154,196	$26.6m0.12%	0.12%	Reduced -1.4m	-1,448,069 -90.4%
93	MORGAN STANLEY COM NEW MS	MS	181,422	$25.6m0.12%	0.12%	Unchanged
94	BANK OZK LITTLE ROCK ARK COM OZK	OZK	533,494	$25.1m0.12%	0.12%	Reduced -67.4k	-67,370 -11.2%
95	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	81,625	$25.0m0.11%	0.11%	Added +8.3k	+8,303 11.3%
96	RENAISSANCERE HLDGS LTD COM RNR	RNR	102,792	$25.0m0.11%	0.11%	Reduced -17.3k	-17,347 -14.4%
97	ENOVIS CORPORATION COM ENOV	ENOV	781,393	$24.5m0.11%	0.11%	Reduced -1.1m	-1,091,133 -58.3%
98	CHEVRON CORP NEW COM CVX	CVX	168,969	$24.2m0.11%	0.11%	Reduced -21.8k	-21,800 -11.4%
99	UDR INC COM UDR	UDR	579,664	$23.7m0.11%	0.11%	Reduced -99.7k	-99,736 -14.7%
100	DOMINION ENERGY INC COM D	D	396,765	$22.4m0.10%	0.10%	Reduced -50.4k	-50,386 -11.3%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
INSPERITY INC NSP	NSP	357,174	$31.9m357.2k shares
VAIL RESORTS INC MTN	MTN	82,238	$13.2m82.2k shares
VERIZON COMMUNICATIONS INC VZ	VZ	233,535	$10.6m233.5k shares
DOUGLAS DYNAMICS INC PLOW	PLOW	119,436	$2.8m119.4k shares
ARCOS DORADOS HOLDINGS INC ARCO	ARCO	234,596	$1.9m234.6k shares