Diamond Hill Capital Management, LLC (Investment Advisor) portfolio

What changed this quarter

187 positions with a change (11 new, 60 added to, 105 trimmed, 11 sold); also, 2 exited through an acquisition or merger, 1 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Texas Instruments−61%fewer sharesReduced
  2.5% → 1.9%
• Regal Rexnord−69%fewer sharesReduced
  1.5% → 0.8%
• Berkshire Hathaway−31%fewer sharesReduced
  3.8% → 3.5%
• WIX−1.1 ppof portfolioSold out
  1.1% → —
• American International Group−27%fewer sharesReduced
  4.0% → 3.7%
• Starbucks−0.9 ppof portfolioSold out
  0.9% → —
• Nucor−66%fewer sharesReduced
  1.0% → 0.6%
• Humana+121%more sharesIncreased
  0.3% → 2.0%
• Aon−25%fewer sharesReduced
  3.0% → 3.0%
• Colgate-palmolive−23%fewer sharesReduced
  2.9% → 3.0%
• Capital One Financial−28%fewer sharesReduced
  2.3% → 2.3%
• SBA Communications−33%fewer sharesReduced
  2.1% → 1.8%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• American International GroupAIG3.7%
• Abbott LaboratoriesABT3.6%
• Berkshire HathawayBRK/B3.5%
• Colgate-palmoliveCL3.0%
• AonAON3.0%
• MicrosoftMSFT2.5%
• Capital One FinancialCOF2.3%
• Diamondback EnergyFANG2.2%
• Waste ManagementWM2.1%
• ZoetisZTS2.0%
• HumanaHUM2.0%
• Texas InstrumentsTXN1.9%
• SBA CommunicationsSBAC1.8%
• Walt DisneyDIS1.8%
• SalesforceCRM1.8%
• Extra Space StorageEXR1.7%
• Equitable HoldingsEQH1.7%
• SyscoSYY1.6%
• Cooper CompaniesCOO1.6%
• ConocoPhillipsCOP1.6%
• Kimberly ClarkKMB1.5%
• Bank of AmericaBAC1.5%
• Union PacificUNP1.5%
• Amazon.comAMZN1.4%
• AdobeADBE1.4%
• Labcorp HoldingsLH1.3%
• VisaV1.2%
• SolventumSOLV1.2%
• Builders FirstsourceBLDR1.1%
• L3harris TechnologiesLHX1.1%
• DeereDE1.1%
• MedtronicMDT1.1%
• Carrier GlobalCARR1.1%
• Taiwan Semiconductor ManufacturingTSM1.0%
• Thermo Fisher ScientificTMO1.0%
• General MillsGIS1.0%
• Martin Marietta MaterialsMLM1.0%
• Red Rock ResortsRRR1.0%
• NVRNVR0.9%
• DoverDOV0.9%
• Ferguson EnterprisesFERG0.9%
• EQTEQT0.9%
• AshlandASH0.8%
• PfizerPFE0.8%
• Antero ResourcesAR0.8%
• Elevance HealthELV0.8%
• AlphabetGOOGL0.8%
• Regal RexnordRRX0.8%
• MetLifeMET0.8%
• Meta PlatformsMETA0.7%
• CarmaxKMX0.7%
• KeyCorpKEY0.7%
• FedExFDX0.6%
• AccentureACN0.6%
• NucorNUE0.6%
• CubesmartCUBE0.5%
• Rocket CompaniesRKT0.5%
• Ryman Hospitality PropertiesRHP0.5%
• SentineloneS0.5%
• Huntington Ingalls IndustriesHII0.4%
• Fortune Brands InnovationsFBIN0.4%
• Post HoldingsPOST0.4%
• VerisignVRSN0.4%
• IlluminaILMN0.4%
• CitigroupC0.4%
• ESABESAB0.4%
• Booz Allen Hamilton HoldingBAH0.4%
• TransUnionTRU0.4%
• CimpressCMPR0.4%
• GartnerIT0.4%
• Waystar HoldingWAY0.3%
• RevvityRVTY0.3%
• BellRing BrandsBRBR0.3%
• WESCO InternationalWCC0.3%
• Devon EnergyDVN0.3%
• TeleflexTFX0.3%
• Triumph FinancialTFIN0.3%
• UGIUGI0.3%
• Truist FinancialTFC0.3%
• Mid-america Apartment CommunitiesMAA0.3%
• LPL Financial HoldingsLPLA0.3%
• VeraltoVLTO0.3%
• Freeport-McMoRanFCX0.3%
• IconICLR0.3%
• Willis Towers WatsonWTW0.3%
• EquifaxEFX0.3%
• Constellation BrandsSTZ0.3%
• Liberty MediaFWONK0.2%
• ChevronCVX0.2%
• Rentokil InitialRTO0.2%
• Teledyne TechnologiesTDY0.2%
• GoDaddyGDDY0.2%
• FTI ConsultingFCN0.2%
• Ss&c Technologies HoldingsSSNC0.2%
• Fidelity National Information ServicesFIS0.2%
• Lamar AdvertisingLAMR0.2%
• ToroTTC0.2%
• Renaissancere HoldingsRNR0.2%
• DucommunDCO0.2%
• Molina HealthcareMOH0.2%