Diamond Hill
Diamons Hill Small Cap Fund
Small-cap
Dec 2024 → Dec 2024
Our archive holds 1 letter from this strategy, behind 2 investment theses and positions in 17 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Diamond Hill for every strategy.
What it bought and sold
the quarter yielded several new positions to the portfolio, including FTAI Infrastructure, Mesa Laboratories, Cimpress and Curbline Properties.
We funded these purchases in part with proceeds from the sales of engineered power transmission and fluid power solutions provider Gates Industrial, integrated manufacturing solutions provider Sanmina Corporation and business process management company WNS Holdings, all of which we exited in favor of more compelling opportunities elsewhere.
Also, former holding Haynes International was acquired by North American Stainless, a wholly-owned subsidiary of Acerinox, and the transaction was completed in Q4.
the quarter yielded several new positions to the portfolio, including FTAI Infrastructure, Mesa Laboratories, Cimpress and Curbline Properties.
We funded these purchases in part with proceeds from the sales of engineered power transmission and fluid power solutions provider Gates Industrial, integrated manufacturing solutions provider Sanmina Corporation and business process management company WNS Holdings, all of which we exited in favor of more compelling opportunities elsewhere.
We funded these purchases in part with proceeds from the sales of engineered power transmission and fluid power solutions provider Gates Industrial, integrated manufacturing solutions provider Sanmina Corporation and business process management company WNS Holdings, all of which we exited in favor of more compelling opportunities elsewhere.
- New positionCurbline PropertiesDec 2024
the quarter yielded several new positions to the portfolio, including FTAI Infrastructure, Mesa Laboratories, Cimpress and Curbline Properties.
we capitalized on the opportunity to initiate a position in a resilient undervalued business.
Also held
Its investment theses
- FTAI InfrastructureDec 2024FTAI Infrastructure is strategically positioned with critical infrastructure assets that capitalize on long-term trends in energy transition, global trade, and efficient logistics.
- Mesa LaboratoriesDec 2024Mesa Laboratories is a diversified life sciences company strategically positioned for growth through organic development and acquisitions under CEO Gary Owns, enhancing its value in high-growth market segments.