# EDGAR Filing Document

**Accession Number:** 0001032423
**File Stem:** 0001752724-23-048537
**Filing Date:** 2023-3
**Character Count:** 15854
**Document Hash:** 65037c632964740e92261e1cf80e38e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-048537.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-048537

**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:** 23689985

**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 Select Fund (Series ID: S000012191)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000033259 | Diamond Hill Select Fund Investor | DHTAX           |
| C000033261 | Diamond Hill Select Fund Class I  | DHLTX           |
| C000108468 | Diamond Hill Select Fund Class Y  | DHTYX           |

## 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 SELECT FUND

- **b. EDGAR series identifier (if any):** S000012191

- **c. LEI of Series:** 549300C20LLX3X41U708

**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:** $346714077.06

**Total Liabilities:** $22763709.69

**Net Assets:** $323950367.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000033261 | 8.92%                | 5.53%                | -7.49%               |
| Class ID C000108468 | 8.94%                | 5.56%                | -7.52%               |
| Class ID C000033259 | 8.88%                | 5.51%                | -7.52%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3853194.09             | $34826302.71                               |
| Month 2  | $-2940828.86             | $21815720.18                               |
| Month 3  | $2122877.38              | $-29602539.99                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Regal Rexnord Corporation                   | Regal Rexnord Corporation                                                 | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     71538 | NS      | $8583129.24   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                               | Alphabet, Inc. Class A                                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    201445 | NS      | $17773492.35  | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Oak Bancshares Inc                     | Live Oak Bancshares, Inc.                                                 | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    222160 | NS      | $6709232.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments, Inc.                                                   | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     53988 | NS      | $8919897.36   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB Corp.                                  | ESAB Corporation                                                          | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    220891 | NS      | $10364205.72  | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                       | Microsoft Corporation                                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     33824 | NS      | $8111671.68   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                       | Freeport-McMoRan, Inc.                                                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    109474 | NS      | $4160012.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                     | Webster Financial Corporation                                             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    160962 | NS      | $7619941.08   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunopta Inc                                 | SunOpta, Inc.                                                             | CUSIP: 8676EP108<br>LEI: 54930010CP0KEPPRPA40 | Long             | EC               | CORP              | US        |   1317576 | NS      | $11120341.44  | 3.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Humana Inc.                                 | Humana, Inc.                                                              | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      3213 | NS      | $1645666.47   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                   | WESCO International, Inc.                                                 | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |    215232 | NS      | $26947046.40  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Recovery Inc.                        | Energy Recovery, Inc.                                                     | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |    313761 | NS      | $6428962.89   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                            | Amazon.com, Inc.                                                          | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    212782 | NS      | $17873688.00  | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional Investment Trust | State Street Institutional US Government Money Market Fund, Premier Class | CUSIP: 857492706<br>LEI: 549300P1E098W6ES7M39 | Long             | STIV             | RF                | US        |   4928266 | NS      | $4928265.50   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                         | MR Cooper Group, Inc.                                                     | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |    662610 | NS      | $26590539.30  | 8.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc.                                | Ashland, Inc.                                                             | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     92408 | NS      | $9936632.24   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc.             | SS&C Technologies Holdings, Inc.                                          | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    197002 | NS      | $10255924.12  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                     | Berkshire Hathaway, Inc. Class B                                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     11073 | NS      | $3420449.70   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Rock Resorts Inc                        | Red Rock Resorts, Inc. Class A                                            | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    496403 | NS      | $19861084.03  | 6.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                  | Kirby Corporation                                                         | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |    103930 | NS      | $6687895.50   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corporation                          | Enovis Corporation                                                        | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    154692 | NS      | $8279115.84   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Rimini Street Inc.                          | Rimini Street, Inc.                                                       | CUSIP: 76674Q107<br>LEI: 54930042ITIRGVM4HY55 | Long             | EC               | CORP              | US        |   1310895 | NS      | $4994509.95   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                | Cadence Bank                                                              | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    195559 | NS      | $4822484.94   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                | Truist Financial Corporation                                              | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    201202 | NS      | $8657722.06   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp.                      | Lancaster Colony Corporation                                              | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |     37945 | NS      | $7486548.50   | 2.31%             |  |  |  | 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        |  14571422 | NS      | $14571422.00  | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.          | American International Group, Inc.                                        | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    316113 | NS      | $19990986.12  | 6.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                               | KKR & Company, Inc. Class A                                               | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    304820 | NS      | $14149744.40  | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress PLC                                | Cimpress NV                                                               | CUSIP: G2143T103<br>LEI: 549300X1IFD75XISOR81 | Long             | EC               | CORP              | US        |    494393 | NS      | $13650190.73  | 4.21%             |  |  |  | No            |                  1 | On Loan: —       |
| General Motors Company                      | General Motors Company                                                    | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    286874 | NS      | $9650441.36   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                                 | Westinghouse Air Brake Technologies Corporation                           | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     79652 | NS      | $7950066.12   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                  | CarMax, Inc.                                                              | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |    223638 | NS      | $13617317.82  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Diamond Hill Funds

**Signature:** Julie Roach

**Name of Signer:** Julie Roach

**Title:** Treasurer