# EDGAR Filing Document

**Accession Number:** 0001032423
**File Stem:** 0001752724-23-048539
**Filing Date:** 2023-3
**Character Count:** 41715
**Document Hash:** 6f0a33a9bd85a20e40a403c5edefd62a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-048539.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-048539

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIAMOND HILL FUNDS
- **CENTRAL INDEX KEY:** 0001032423
- **IRS NUMBER:** 316547095
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08061
- **FILM NUMBER:** 23689987

**BUSINESS ADDRESS:**
- **STREET 1:** 325 JOHN H. MCCONNELL BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-255-3333

**MAIL ADDRESS:**
- **STREET 1:** 325 JOHN H. MCCONNELL BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BSG FUNDS
- **DATE OF NAME CHANGE:** 19970206

## Series and Classes Contracts Data

### Diamond Hill Long-Short Fund (Series ID: S000003156)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000008536 | Diamond Hill Long-Short Fund Investor | DIAMX           |
| C000008538 | Diamond Hill Long-Short Fund Class I  | DHLSX           |
| C000108465 | Diamond Hill Long-Short Fund Class Y  | DIAYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Diamond Hill Funds

- **b. Investment Company Act file number:** 811-08061

- **c. CIK number of Registrant:** 0001032423

- **d. LEI of Registrant:** 549300PZZTQU6QTHS663

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 325 John H. McConnell Blvd.

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 888-226-5595

**Item A.2. Information about the Series.**

- **a. Name of Series:** DIAMOND HILL LONG SHORT FUND

- **b. EDGAR series identifier (if any):** S000003156

- **c. LEI of Series:** 549300GOFHLV0Y722610

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2607192132.68

**Total Liabilities:** $854735146.04

**Net Assets:** $1752456986.64

**Cash Not Reported:** $507722183.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008538 | 5.34%                | 2.42%                | -1.63%               |
| Class ID C000008536 | 5.31%                | 2.38%                | -1.69%               |
| Class ID C000108465 | 5.34%                | 2.44%                | -1.65%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2474200.80             | $95050212.05                               |
| Month 2  | $19012722.40             | $21467920.38                               |
| Month 3  | $-19299043.65            | $-13409320.17                              |

**Designated Index Information**

- **Index Name:** Russell 1000

- **Index Identifier:** RU1000

### Schedule of Portfolio Investments

| Name                                        | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Teradata Corp                               | Teradata Corporation                                                      | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Short            | EC               | CORP              | US        |   -386780 | NS      | $-13019014.80 | -0.74%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                          | Oracle Corp.                                                              | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Short            | EC               | CORP              | US        |    -69775 | NS      | $-5703408.50  | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                               | Medtronic plc                                                             | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | US        |    408744 | NS      | $31767583.68  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                         | Walt Disney Company (The)                                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    372044 | NS      | $32323182.72  | 1.84%             |  |  |  | No            |                  1 | On Loan: —       |
| Consensus Cloud Solutions Inc               | Consensus Cloud Solutions, Inc.                                           | CUSIP: 20848V105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -95763 | NS      | $-5148218.88  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc.                        | Silgan Holdings, Inc.                                                     | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Short            | EC               | CORP              | US        |   -247485 | NS      | $-12829622.40 | -0.73%            |  |  |  | No            |                  1 | On Loan: No      |
| SVB Financial Group                         | SVB Financial Group                                                       | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |     96690 | NS      | $22252236.60  | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Consolidated Edison, Inc.                   | Consolidated Edison, Inc.                                                 | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Short            | EC               | CORP              | US        |    -82950 | NS      | $-7905964.50  | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                | U.S. Treasury Notes 3%, Due 07/31/2024                                    | CUSIP: 91282CFA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39015624.80  | 2.23%             | 2024-07-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ashland Inc.                                | Ashland, Inc.                                                             | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |    154689 | NS      | $16633708.17  | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| International Business Machines Corporation | INTERNATIONAL BUSINESS MACHINES CORPORATION SHORT                         | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Short            | EC               | CORP              | US        |    -80640 | NS      | $-11361369.60 | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc                  | Grand Canyon Education, Inc.                                              | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Short            | EC               | CORP              | US        |   -246547 | NS      | $-26050156.02 | -1.49%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | State Street Navigator Securities Lending Portfolio I                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        | 353268810 | NS      | $353268810.25 | 20.16%            |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Financial Services Group, Inc. | Hartford Financial Services Group, Inc. (The)                             | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    309776 | NS      | $23490314.08  | 1.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Johnson Controls International PLC          | Johnson Controls International plc                                        | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |    359095 | NS      | $22982080.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Inc                                | Best Buy Company, Inc.                                                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Short            | EC               | CORP              | US        |   -119566 | NS      | $-9590388.86  | -0.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                       | Microsoft Corporation                                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    223242 | NS      | $53537896.44  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Company PLC                         | Perrigo Company plc                                                       | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | US        |    921874 | NS      | $31426684.66  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank San Francisco           | First Republic Bank                                                       | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |    215660 | NS      | $26286797.40  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamestop Corp                               | Gamestop Corporation Class A                                              | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Short            | EC               | CORP              | US        |   -397995 | NS      | $-7346987.70  | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| The Clorox Company                          | Clorox Company                                                            | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Short            | EC               | CORP              | US        |    -55535 | NS      | $-7793226.55  | -0.44%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Notes                | U.S. Treasury Notes 3%, Due 06/30/2024                                    | CUSIP: 91282CEX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $39042187.60  | 2.23%             | 2024-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                | Mondelez International, Inc. Class A                                      | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    267630 | NS      | $17837539.50  | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Alphabet Inc.                               | Alphabet, Inc. Class A                                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    631450 | NS      | $55712833.50  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments, Inc.                                                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    159916 | NS      | $26421321.52  | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Institutional Investment Trust | State Street Institutional US Government Money Market Fund, Premier Class | CUSIP: 857492706<br>LEI: 549300P1E098W6ES7M39 | Long             | STIV             | RF                | US        | 109829026 | NS      | $109829025.79 | 6.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                  | Kirby Corporation                                                         | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |    322783 | NS      | $20771086.05  | 1.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Morgan Stanley                              | Morgan Stanley                                                            | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    202252 | NS      | $17195465.04  | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| American International Group, Inc.          | American International Group, Inc.                                        | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   1061340 | NS      | $67119141.60  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Incorporation                      | Penumbra, Inc.                                                            | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Short            | EC               | CORP              | US        |    -80115 | NS      | $-17822382.90 | -1.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Cogent Communications Holdings, Inc.        | Cogent Communications Holdings, Inc.                                      | CUSIP: 19239V302<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -75895 | NS      | $-4332086.60  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | Visa, Inc. Class A                                                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    140882 | NS      | $29269644.32  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Asana Inc                                   | Asana, Inc.                                                               | CUSIP: 04342Y104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -319350 | NS      | $-4397449.50  | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                        | Booking Holdings, Inc.                                                    | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     14110 | NS      | $28435600.80  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                             | BorgWarner, Inc.                                                          | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    543693 | NS      | $21883643.25  | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Badger Meter Inc                            | Badger Meter, Inc.                                                        | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Short            | EC               | CORP              | US        |   -169956 | NS      | $-18530302.68 | -1.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc.                     | Ormat Technologies, Inc.                                                  | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Short            | EC               | CORP              | US        |   -312085 | NS      | $-26989110.80 | -1.54%            |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co.                                   | WD-40 Company                                                             | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Short            | EC               | CORP              | US        |   -133212 | NS      | $-21475106.52 | -1.23%            |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                 | AMN Healthcare Services, Inc.                                             | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Short            | EC               | CORP              | US        |   -111390 | NS      | $-11453119.80 | -0.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Incorporation              | Alaska Air Group, Inc.                                                    | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |    478533 | NS      | $20548207.02  | 1.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Chevron Corporation                         | Chevron Corporation                                                       | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    199544 | NS      | $35816152.56  | 2.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Truist Financial Corporation                | Truist Financial Corporation                                              | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    892209 | NS      | $38391753.27  | 2.19%             |  |  |  | No            |                  1 | On Loan: —       |
| United States Treasury Notes                | U.S. Treasury Notes 2.000%, Due 08/15/2025                                | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  40000000 | PA      | $38470312.40  | 2.20%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Acushnet Holdings Corp                      | ACUSHNET HOLDINGS CORPORATION SHORT                                       | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Short            | EC               | CORP              | US        |   -134777 | NS      | $-5722631.42  | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc                     | Commerce Bancshares, Inc.                                                 | CUSIP: 200525103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -398895 | NS      | $-27152782.65 | -1.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                 | Bank of America Corporation                                               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    705875 | NS      | $23378580.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Waters Corporation                          | Waters Corporation                                                        | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Short            | EC               | CORP              | US        |    -30955 | NS      | $-10604563.90 | -0.61%            |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc.                            | Hanesbrands, Inc.                                                         | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |   2323960 | NS      | $14780385.60  | 0.84%             |  |  |  | No            |                  1 | On Loan: —       |
| SS&C Technologies Holdings Inc.             | SS&C Technologies Holdings, Inc.                                          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    682824 | NS      | $35547817.44  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings Inc                        | Palomar Holdings, Inc.                                                    | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Short            | EC               | CORP              | US        |   -176935 | NS      | $-7990384.60  | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC            | Sensata Technologies Holding plc                                          | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |    631398 | NS      | $25495851.24  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                          | Meta Platforms, Inc. Class A                                              | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    317019 | NS      | $38150066.46  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Company              | Archer-Daniels-Midland Company                                            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |    137081 | NS      | $12727970.85  | 0.73%             |  |  |  | No            |                  1 | On Loan: —       |
| The J M Smucker Company                     | JM Smucker Company (The)                                                  | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Short            | EC               | CORP              | US        |    -93435 | NS      | $-14805710.10 | -0.84%            |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                            | WW Grainger, Inc.                                                         | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Short            | EC               | CORP              | US        |    -10970 | NS      | $-6102062.50  | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc              | First Financial Bankshares, Inc.                                          | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Short            | EC               | CORP              | US        |   -384718 | NS      | $-13234299.20 | -0.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc  | Fidelity National Information Services, Inc.                              | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    472891 | NS      | $32085654.35  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                 | Pfizer, Inc.                                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    479375 | NS      | $24563175.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: —       |
| E L F Beauty Inc                            | E.L.F. BEAUTY, INC. SHORT                                                 | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Short            | EC               | CORP              | US        |   -216750 | NS      | $-11986275.00 | -0.68%            |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica Bancorp                         | Westamerica Bancorporation                                                | CUSIP: 957090103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -77420 | NS      | $-4568554.20  | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                         | Comcast Corporation Class A                                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    627874 | NS      | $21956753.78  | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| The TJX Companies Inc.                      | TJX Companies, Inc. (The)                                                 | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |    306586 | NS      | $24404245.60  | 1.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Citigroup Inc.                              | Citigroup, Inc.                                                           | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    922731 | NS      | $41735123.13  | 2.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Brown-Forman Corp.                          | Brown-Forman Corporation Class B                                          | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Short            | EC               | CORP              | US        |   -388695 | NS      | $-25529487.60 | -1.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                          | Cintas Corporation                                                        | CUSIP: 172908105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -15459 | NS      | $-6981593.58  | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc.                                   | CBIZ, Inc.                                                                | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Short            | EC               | CORP              | US        |   -190365 | NS      | $-8918600.25  | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                             | CVS Health Corporation                                                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    299574 | NS      | $27917301.06  | 1.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Cisco Systems, Inc.                         | Cisco Systems, Inc.                                                       | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Short            | EC               | CORP              | US        |   -148530 | NS      | $-7075969.20  | -0.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                                   | Tesla, Inc.                                                               | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Short            | EC               | CORP              | US        |    -39657 | NS      | $-4884949.26  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                               | KKR & Company, Inc. Class A                                               | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |   1028958 | NS      | $47764230.36  | 2.73%             |  |  |  | No            |                  1 | On Loan: —       |
| NETSCOUT Systems Inc.                       | NetScout Systems, Inc.                                                    | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Short            | EC               | CORP              | US        |   -566245 | NS      | $-18408624.95 | -1.05%            |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                                     | RPC, Inc.                                                                 | CUSIP: 749660106<br>LEI: 549300ZDXAFBC3SB4918 | Short            | EC               | CORP              | US        |   -300513 | NS      | $-2671560.57  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                      | F5 Networks, Inc.                                                         | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Short            | EC               | CORP              | US        |    -34682 | NS      | $-4977213.82  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                          | Coterra Energy, Inc.                                                      | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |   1151703 | NS      | $28297342.71  | 1.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Berkshire Hathaway Inc.                     | Berkshire Hathaway, Inc. Class B                                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    137559 | NS      | $42491975.10  | 2.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Boston Properties, Inc.                     | Boston Properties, Inc.                                                   | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Short            | EC               | CORP              | US        |    -27630 | NS      | $-1867235.40  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| WNS Holdings Ltd                            | WNS Holdings Ltd.                                                         | CUSIP: 92932M101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | US        |    334426 | NS      | $26750735.74  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                         | Dominion Energy, Inc.                                                     | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    347370 | NS      | $21300728.40  | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackstone Mortgage Trust, Inc              | Blackstone Mortgage Trust, Inc.                                           | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Short            | EC               | CORP              | US        |   -121445 | NS      | $-2570990.65  | -0.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Company               | Becton, Dickinson and Company                                             | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     85617 | NS      | $21772403.10  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corporation                          | Enovis Corporation                                                        | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    334395 | NS      | $17896820.40  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.        | Cognizant Technology Solutions Corporation Class A                        | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    519270 | NS      | $29697051.30  | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Ciena Corporation                           | Ciena Corporation                                                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    583985 | NS      | $29771555.30  | 1.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Etsy Inc                                    | Etsy, Inc.                                                                | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Short            | EC               | CORP              | US        |   -117060 | NS      | $-14021446.80 | -0.80%            |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                 | Dick's Sporting Goods, Inc.                                               | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Short            | EC               | CORP              | US        |   -130271 | NS      | $-15670298.59 | -0.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                                | Macy's, Inc.                                                              | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Short            | EC               | CORP              | US        |   -162520 | NS      | $-3356038.00  | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                       | Freeport-McMoRan, Inc.                                                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    719574 | NS      | $27343812.00  | 1.56%             |  |  |  | No            |                  1 | On Loan: —       |
| ESAB Corp.                                  | ESAB Corporation                                                          | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    391380 | NS      | $18363549.60  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                          | HCA Healthcare, Inc.                                                      | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    144951 | NS      | $34782441.96  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                 | United Parcel Service, Inc. Class B                                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Short            | EC               | CORP              | US        |   -129770 | NS      | $-22559216.80 | -1.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corporation                       | Whirlpool Corporation                                                     | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Short            | EC               | CORP              | US        |    -36465 | NS      | $-5158338.90  | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Conmed Corporation                          | ConMed Corporation                                                        | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Short            | EC               | CORP              | US        |    -55515 | NS      | $-4920849.60  | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                        | Bank of Hawaii Corporation                                                | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Short            | EC               | CORP              | US        |   -115590 | NS      | $-8965160.40  | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                         | Abbott Laboratories                                                       | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    269012 | NS      | $29534827.48  | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Robert Half International Inc.              | Robert Half International, Inc.                                           | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Short            | EC               | CORP              | US        |   -181533 | NS      | $-13402581.39 | -0.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corporation                 | Parker-Hannifin Corporation                                               | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |    116456 | NS      | $33888696.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Avis Budget Group, Inc.                     | Avis Budget Group , Inc.                                                  | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Short            | EC               | CORP              | US        |    -47700 | NS      | $-7819461.00  | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                 | Verizon Communications, Inc.                                              | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    655990 | NS      | $25846006.00  | 1.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Wells Fargo & Company                       | Wells Fargo & Company                                                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    714918 | NS      | $29518964.22  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                 | Humana, Inc.                                                              | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     67855 | NS      | $34754652.45  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                  | L3Harris Technologies, Inc.                                               | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    101660 | NS      | $21166628.60  | 1.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Constellation Brands, Inc.                  | Constellation Brands, Inc. Class A                                        | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |    105094 | NS      | $24355534.50  | 1.39%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** Diamond Hill Funds

**Signature:** Julie Roach

**Name of Signer:** Julie Roach

**Title:** Treasurer