Diamond Hill
Diamond Hill Select Fund
Large-cap
Dec 2024 → Jun 2026
Our archive holds 5 letters from this strategy, behind 6 investment theses and positions in 14 companies. Every quote below is copied verbatim from the letter it came from.
5 letters in 3 years — follow all of Diamond Hill for every strategy.
What it bought and sold
We initiated a position in managed care provider Molina Healthcare during the quarter.
Given the fundamental headwinds the company is facing, we exited our position to deploy capital to more attractive opportunities.
Shares of regional bank KeyCorp and coffee chain Starbucks were sold to allocate funds to more attractive opportunities.
Shares of regional bank KeyCorp and coffee chain Starbucks were sold to allocate funds to more attractive opportunities.
Also held
Its investment theses
- Equitable HoldingsMar 2026Equitable Holdings is a life and retirement platform that should gain scale, more consistent earnings, and long-term growth from its merger.
- AonMar 2026Aon is a leading insurance broker with high barriers to entry, switching costs, and an attractive growth profile.
- Colgate-PalmoliveSep 2025Colgate-Palmolive is a market leader in attractive sectors like household goods and personal care, and its strong position and product demand present a strategic investment opportunity following recent price declines.
- Berkshire HathawaySep 2025Berkshire Hathaway is a diversified holding company with strong performance, significant cash reserves for future acquisitions, and a strategic opportunity arising from Warren Buffett's upcoming retirement.
- AdobeSep 2025Adobe is the leading provider of creative content software with a strong market position, diverse offerings, and the potential for solid fundamentals despite competition and AI disruption.
- Huntington Ingalls IndustriesDec 2024Huntington Ingalls is a key defense contractor for the US Navy