Diamond Hill Capital Management 13F, Q3 2023
Diamond Hill · quarter ending 30 September 2023 · filed 2 November 2023 · SEC CIK 1217541
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 166 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| American International Group, | AIG | $900.09M | 4.4% | -8% shares |
| ConocoPhillips | COP | $661.16M | 3.2% | -9% shares |
| NVR, Inc. | NVR | $548.40M | 2.6% | -5% shares |
| KKR & Co, Inc. | KKR | $507.84M | 2.5% | -14% shares |
| Bank of America Corp. | BAC | $504.79M | 2.4% | unchanged |
| Abbott Laboratories | ABT | $490.46M | 2.4% | unchanged |
| Chevron Corp. | CVX | $476.43M | 2.3% | +8% shares |
| Allstate Corp. | ALL | $466.16M | 2.3% | +23% shares |
| PepsiCo, Inc. | PEP | $454.62M | 2.2% | unchanged |
| Texas Instruments, Inc. | TXN | $418.01M | 2.0% | +4% shares |
| SS&C Technologies Holdings, In | SSNC | $414.68M | 2.0% | unchanged |
| Parker-Hannifin Corp. | PH | $408.79M | 2.0% | -13% shares |
| Caterpillar, Inc. | CAT | $407.86M | 2.0% | -13% shares |
| CarMax, Inc. | KMX | $392.46M | 1.9% | +4% shares |
| HCA Healthcare, Inc. | HCA | $392.18M | 1.9% | +4% shares |
| General Motors Co. | GM | $389.96M | 1.9% | -2% shares |
| Alphabet, Inc. (Cl A) | GOOGL | $389.87M | 1.9% | -13% shares |
| Humana, Inc. | HUM | $381.15M | 1.8% | unchanged |
| Wells Fargo & Co. | WFC | $372.06M | 1.8% | unchanged |
| Truist Financial Corp. | TFC | $367.97M | 1.8% | -15% shares |
| Union Pacific Corp. | UNP | $363.05M | 1.8% | unchanged |
| Amazon.com, Inc. | AMZN | $344.47M | 1.7% | unchanged |
| Freeport-McMoRan, Inc. | FCX | $342.63M | 1.7% | -4% shares |
| Regal Rexnord Corp. | RRX | $337.34M | 1.6% | unchanged |
| Home Depot, Inc. | HD | $316.67M | 1.5% | -4% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Diamond Hill Capital Management opened 8 new positions, added to 48, trimmed 66, left 44 unchanged and exited 7. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- SHWwas $207.05M
- Liberty Media Corp. Series C Lwas $52.93M
- Stericycle, Inc.was $24.14M
- CTSHwas $23.77M
- WYwas $12.43M
- WABwas $11.18M
- Chase Corp.was $10.30M
Other quarters
Source: SEC Form 13F-HR, accession 0001217541-23-000012, filed by Diamond Hill Capital Management, LLC (Investment Advisor). Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.