# EDGAR Filing Document

**Accession Number:** 0001032423
**File Stem:** 0001752724-25-212218
**Filing Date:** 2025-8
**Character Count:** 21733
**Document Hash:** 4c89c8bc36809ff5393cd34acc5cc421
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212218.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212218

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIAMOND HILL FUNDS
- **CENTRAL INDEX KEY:** 0001032423

**ORGANIZATION NAME:**
- **EIN:** 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:** 251276733

**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 Large Cap Fund (Series ID: S000003155)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000008533 | Diamond Hill Large Cap Fund Investor | DHLAX           |
| C000008535 | Diamond Hill Large Cap Fund Class I  | DHLRX           |
| C000108464 | Diamond Hill Large Cap Fund Class Y  | DHLYX           |

## 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 LARGE CAP FUND

- **b. EDGAR series identifier (if any):** S000003155

- **c. LEI of Series:** 549300SYP870HQ0OYM54

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $8564911787.85

**Total Liabilities:** $150183979.60

**Net Assets:** $8414727808.25

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008535 | -4.12%               | 4.27%                | 2.90%                |
| Class ID C000008533 | -4.14%               | 4.25%                | 2.85%                |
| Class ID C000108464 | -4.09%               | 4.30%                | 2.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $28906325.04             | $-382166759.04                             |
| Month 2  | $13601841.18             | $312896550.14                              |
| Month 3  | $4745453.46              | $223986681.19                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Target Corp.                                | Target Corporation                                                        | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |   1050545 | NS      | $103636264.25 | 1.23%             |  |  |  | No            |                  1 | On Loan: —       |
| KeyCorp                                     | KeyCorp                                                                   | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |   7223249 | NS      | $125828997.58 | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                               | Accenture plc Class A                                                     | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    410695 | NS      | $122752628.55 | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                  | Nasdaq, Inc.                                                              | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |   1277910 | NS      | $114270712.20 | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                  | L3Harris Technologies, Inc.                                               | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    504725 | NS      | $126605219.00 | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                    | SBA Communications Corporation                                            | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |    647134 | NS      | $151972948.56 | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                             | Deere & Company                                                           | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    202281 | NS      | $102857865.69 | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                             | Salesforce, Inc.                                                          | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    622408 | NS      | $169724437.52 | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments, Inc.                                                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |   1600457 | NS      | $332286882.34 | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.           | Hartford Insurance Group, Inc. (The)                                      | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    752097 | NS      | $95418546.39  | 1.13%             |  |  |  | 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        | 127677050 | NS      | $127677049.50 | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                  | Builders FirstSource, Inc.                                                | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |   1056618 | NS      | $123296754.42 | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corporation                           | Nucor Corporation                                                         | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |    837849 | NS      | $108534959.46 | 1.29%             |  |  |  | No            |                  1 | On Loan: —       |
| NVR Inc                                     | NVR, Inc.                                                                 | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |     17619 | NS      | $130127943.54 | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                             | Starbucks Corporation                                                     | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |   1395021 | NS      | $127825774.23 | 1.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Diamondback Energy Inc                      | Diamondback Energy, Inc.                                                  | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |   1123202 | NS      | $154327954.80 | 1.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Pfizer Inc.                                 | Pfizer, Inc.                                                              | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |   7532785 | NS      | $182594708.40 | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                    | Extra Space Storage, Inc. REIT                                            | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |    822562 | NS      | $121278541.28 | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                     | Aon plc                                                                   | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | US        |    765225 | NS      | $273001671.00 | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                             | Caterpillar, Inc.                                                         | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    399184 | NS      | $154967220.64 | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                      | Waste Management, Inc.                                                    | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |    840925 | NS      | $192420458.50 | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                          | HCA Healthcare, Inc.                                                      | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    325077 | NS      | $124536998.70 | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | Visa, Inc. Class A                                                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    281781 | NS      | $100046344.05 | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                  | CarMax, Inc.                                                              | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |   3106326 | NS      | $208776170.46 | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                | MetLife, Inc.                                                             | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |   2073404 | NS      | $166743149.68 | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                     | International Paper Company                                               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |   2595763 | NS      | $121559581.29 | 1.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Medtronic PLC                               | Medtronic plc                                                             | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | US        |   1206539 | NS      | $105174004.63 | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                    | Ferguson Enterprises Incorporated                                         | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |   1002717 | NS      | $218341626.75 | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc.                    | Lululemon Athletica, Inc.                                                 | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |    535285 | NS      | $127173010.30 | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Martin Marietta Materials Inc               | Martin Marietta Materials, Inc.                                           | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |    303618 | NS      | $166674137.28 | 1.98%             |  |  |  | No            |                  1 | On Loan: —       |
| Amazon.com, Inc.                            | Amazon.com, Inc.                                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    706196 | NS      | $154932340.44 | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                         | Walt Disney Company (The)                                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |   1427358 | NS      | $177006665.58 | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                     | Berkshire Hathaway, Inc. Class B                                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    750802 | NS      | $364717087.54 | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                      | General Motors Company                                                    | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |   3390751 | NS      | $166858856.71 | 1.98%             |  |  |  | No            |                  1 | On Loan: —       |
| SS&C Technologies Holdings Inc.             | SS&C Technologies Holdings, Inc.                                          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |   1537158 | NS      | $127276682.40 | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                         | Abbott Laboratories                                                       | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   2619230 | NS      | $356241472.30 | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                 | Capital One Financial Corporation                                         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |   1252911 | NS      | $266569344.36 | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                         | General Mills, Inc.                                                       | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |   3116638 | NS      | $161473014.78 | 1.92%             |  |  |  | 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        | 228587202 | NS      | $228587201.80 | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                        | Labcorp Holdings Incorporated                                             | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    750294 | NS      | $196959677.94 | 2.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of America Corp.                       | Bank of America Corporation                                               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   4629664 | NS      | $219075700.48 | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                                   | Adobe, Inc.                                                               | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    412737 | NS      | $159679690.56 | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                       | Colgate-Palmolive Company                                                 | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |   2845346 | NS      | $258641951.40 | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                   | Regal Rexnord Corporation                                                 | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |   1034410 | NS      | $149948073.60 | 1.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Union Pacific Corporation                   | Union Pacific Corporation                                                 | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    927170 | NS      | $213323273.60 | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.           | American International Group, Inc.                                        | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |   4677886 | NS      | $400380262.74 | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                           | Sysco Corporation                                                         | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |   3066764 | NS      | $232276705.36 | 2.76%             |  |  |  | No            |                  1 | On Loan: —       |
| ConocoPhillips                              | ConocoPhillips                                                            | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |   2682514 | NS      | $240728806.36 | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** Diamond Hill Funds

**Signature:** Julie Roach

**Name of Signer:** Julie Roach

**Title:** Treasurer