# EDGAR Filing Document

**Accession Number:** 0001217541
**File Stem:** 0001217541-25-000016
**Filing Date:** 2025-11
**Character Count:** 22945
**Document Hash:** 65925768a799b1191a23e348c291badf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001217541-25-000016.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001217541-25-000016

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**EFFECTIVENESS DATE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DIAMOND HILL CAPITAL MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0001217541

**ORGANIZATION NAME:**
- **EIN:** 311019984
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10648
- **FILM NUMBER:** 251454732

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

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

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DIAMOND HILL CAPITAL MANAGEMENT INC<br>**Address:** 325 JOHN H. MCCONNELL BLVD.<br>SUITE 200<br>COLUMBUS, OH 43215

**Form 13F File Number:** 028-10648

**CRD Number (if applicable):** 000110638

**SEC File Number (if applicable):** 801-32176

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Alyssa Bentz<br>**Title:** CCO<br>**Phone:** 614-255-3971

**Signature, Place, and Date of Signing:**

Alyssa Bentz  Columbus, OH  11-05-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 186

**Form 13F Information Table Value Total:** $21063825811

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 750543907 | 5603583 | SH |  | SOLE |  | 4774363 | 0 | 829220 |
| Accenture PLC (Cl A) | COM | G1151C101 |  | 215241126 | 872835 | SH |  | SOLE |  | 725038 | 0 | 147797 |
| Acme United Corp. | COM | 004816104 |  | 800374 | 19436 | SH |  | SOLE |  | 19436 | 0 | 0 |
| Adobe Inc. | COM | 00724F101 |  | 361382851 | 1024473 | SH |  | SOLE |  | 881640 | 0 | 142833 |
| Alaska Air Group Inc. | COM | 011659109 |  | 12685935 | 254840 | SH |  | SOLE |  | 254483 | 0 | 357 |
| Allegiant Travel Co. | COM | 01748X102 |  | 7836656 | 128956 | SH |  | SOLE |  | 128956 | 0 | 0 |
| Allient Inc. | COM | 019330109 |  | 6499624 | 145243 | SH |  | SOLE |  | 145243 | 0 | 0 |
| Alphabet Inc. (Cl A) | COM | 02079K305 |  | 100390333 | 412959 | SH |  | SOLE |  | 412959 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 332315682 | 1513484 | SH |  | SOLE |  | 1313450 | 0 | 200034 |
| American Eagle Outfitters Inc | COM | 02553E106 |  | 2726239 | 159336 | SH |  | SOLE |  | 159336 | 0 | 0 |
| American International Group | COM | 026874784 |  | 951229749 | 12111405 | SH |  | SOLE |  | 10602485 | 0 | 1508920 |
| Antero Resources Corp. | COM | 03674X106 |  | 19988604 | 595608 | SH |  | SOLE |  | 592789 | 0 | 2819 |
| Aon PLC (Cl A) | COM | G0403H108 |  | 557627314 | 1563821 | SH |  | SOLE |  | 1336039 | 0 | 227782 |
| Ashland Inc. | COM | 044186104 |  | 69715901 | 1455143 | SH |  | SOLE |  | 1451470 | 0 | 3673 |
| Astrana Health Inc. | COM | 03763A207 |  | 10241834 | 361264 | SH |  | SOLE |  | 361264 | 0 | 0 |
| AstroNova Inc. | COM | 04638F108 |  | 1441167 | 140739 | SH |  | SOLE |  | 140739 | 0 | 0 |
| Asure Software Inc. | COM | 04649U102 |  | 2195624 | 267759 | SH |  | SOLE |  | 267759 | 0 | 0 |
| Aurinia Pharmaceuticals Inc. | COM | 05156V102 |  | 1284043 | 116203 | SH |  | SOLE |  | 116203 | 0 | 0 |
| Avanos Medical Inc. | COM | 05350V106 |  | 5024681 | 434661 | SH |  | SOLE |  | 434661 | 0 | 0 |
| AZZ Inc. | COM | 002474104 |  | 3042108 | 27876 | SH |  | SOLE |  | 27876 | 0 | 0 |
| Bank of America Corp. | COM | 060505104 |  | 411734373 | 7980895 | SH |  | SOLE |  | 6824949 | 0 | 1155946 |
| Bank OZK | COM | 06417N103 |  | 10028684 | 196718 | SH |  | SOLE |  | 196718 | 0 | 0 |
| Bath  Body Works Inc. | COM | 070830104 |  | 9517084 | 369452 | SH |  | SOLE |  | 368712 | 0 | 740 |
| Becton Dickinson and Co. | COM | 075887109 |  | 29182798 | 155916 | SH |  | SOLE |  | 155916 | 0 | 0 |
| Berkshire Hathaway Inc. (Cl B | COM | 084670702 |  | 891167482 | 1772621 | SH |  | SOLE |  | 1516451 | 0 | 256170 |
| BOK Financial Corp. | COM | 05561Q201 |  | 3612328 | 32415 | SH |  | SOLE |  | 32415 | 0 | 0 |
| Booz Allen Hamilton Holding Co | COM | 099502106 |  | 37009986 | 370285 | SH |  | SOLE |  | 370285 | 0 | 0 |
| Boston Scientific Corp. | COM | 101137107 |  | 27148072 | 278071 | SH |  | SOLE |  | 277848 | 0 | 223 |
| Brown  Brown Inc. | COM | 115236101 |  | 7474782 | 79697 | SH |  | SOLE |  | 79523 | 0 | 174 |
| Builders FirstSource Inc. | COM | 12008R107 |  | 200191874 | 1651067 | SH |  | SOLE |  | 1474164 | 0 | 176903 |
| Capital One Financial Corp. | COM | 14040H105 |  | 599382703 | 2819563 | SH |  | SOLE |  | 2442124 | 0 | 377439 |
| CarMax Inc. | COM | 143130102 |  | 216871024 | 4833319 | SH |  | SOLE |  | 4199850 | 0 | 633469 |
| Caterpillar Inc. | COM | 149123101 |  | 218793315 | 458542 | SH |  | SOLE |  | 381827 | 0 | 76715 |
| Centrus Energy Corp. (Cl A) | COM | 15643U104 |  | 5078947 | 16380 | SH |  | SOLE |  | 16380 | 0 | 0 |
| Century Communities Inc. | COM | 156504300 |  | 6811768 | 107492 | SH |  | SOLE |  | 107233 | 0 | 259 |
| Check Point Software Technolog | COM | M22465104 |  | 4027710 | 19466 | SH |  | SOLE |  | 19466 | 0 | 0 |
| Chevron Corp. | COM | 166764100 |  | 23704087 | 152644 | SH |  | SOLE |  | 152644 | 0 | 0 |
| Ciena Corp. | COM | 171779309 |  | 89275462 | 612861 | SH |  | SOLE |  | 612303 | 0 | 558 |
| Cimpress PLC | COM | G2143T103 |  | 50872397 | 806986 | SH |  | SOLE |  | 803234 | 0 | 3752 |
| Citigroup Inc. | COM | 172967424 |  | 76744759 | 756106 | SH |  | SOLE |  | 756106 | 0 | 0 |
| Civitas Resources Inc. | COM | 17888H103 |  | 37695060 | 1159848 | SH |  | SOLE |  | 1159848 | 0 | 0 |
| CNH Industrial NV | COM | N20944109 |  | 2418530 | 222906 | SH |  | SOLE |  | 222906 | 0 | 0 |
| Coherent Corp. | COM | 19247G107 |  | 17764213 | 164911 | SH |  | SOLE |  | 164115 | 0 | 796 |
| Colgate-Palmolive Co. | COM | 194162103 |  | 645719267 | 8077549 | SH |  | SOLE |  | 6916555 | 0 | 1160994 |
| Comcast Corp. (Cl A) | COM | 20030N101 |  | 11411870 | 363204 | SH |  | SOLE |  | 363204 | 0 | 0 |
| Concrete Pumping Holdings Inc | COM | 206704108 |  | 4220948 | 598716 | SH |  | SOLE |  | 598716 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 484406268 | 5121115 | SH |  | SOLE |  | 4287730 | 0 | 833385 |
| Constellation Brands Inc. (Cl | COM | 21036P108 |  | 32613169 | 242171 | SH |  | SOLE |  | 242171 | 0 | 0 |
| Cooper Cos. Inc. | COM | 216648501 |  | 38890180 | 567243 | SH |  | SOLE |  | 566849 | 0 | 394 |
| Core Molding Technologies Inc | COM | 218683100 |  | 3454476 | 168101 | SH |  | SOLE |  | 168101 | 0 | 0 |
| Coterra Energy Inc. | COM | 127097103 |  | 58340861 | 2466844 | SH |  | SOLE |  | 2466844 | 0 | 0 |
| Crown Crafts Inc. | COM | 228309100 |  | 324596 | 111545 | SH |  | SOLE |  | 111545 | 0 | 0 |
| CubeSmart | COM | 229663109 |  | 73748173 | 1813777 | SH |  | SOLE |  | 1810676 | 0 | 3101 |
| Curbline Properties Corp. | COM | 23128Q101 |  | 2660368 | 119299 | SH |  | SOLE |  | 119299 | 0 | 0 |
| Deere  Co. | COM | 244199105 |  | 193338216 | 422819 | SH |  | SOLE |  | 358032 | 0 | 64787 |
| Diamond Hill Large Cap Concent | ETF | 25264S320 |  | 15253842 | 1165305 | SH |  | SOLE |  | 1165305 | 0 | 0 |
| Diamondback Energy Inc. | COM | 25278X109 |  | 386520684 | 2701053 | SH |  | SOLE |  | 2348729 | 0 | 352324 |
| Dominion Energy Inc. | COM | 25746U109 |  | 21367599 | 349315 | SH |  | SOLE |  | 349315 | 0 | 0 |
| Ducommun Inc. | COM | 264147109 |  | 14448531 | 150302 | SH |  | SOLE |  | 150302 | 0 | 0 |
| Energy Recovery Inc. | COM | 29270J100 |  | 13799774 | 894927 | SH |  | SOLE |  | 892811 | 0 | 2116 |
| Equitable Holdings Inc. | COM | 29452E101 |  | 101546899 | 1999742 | SH |  | SOLE |  | 1756680 | 0 | 243062 |
| ESAB Corp. | COM | 29605J106 |  | 18846962 | 168668 | SH |  | SOLE |  | 168510 | 0 | 158 |
| Extra Space Storage Inc. | COM | 30225T102 |  | 340152207 | 2413454 | SH |  | SOLE |  | 2088765 | 0 | 324689 |
| FedEx Corp. | COM | 31428X106 |  | 171959962 | 729231 | SH |  | SOLE |  | 621003 | 0 | 108228 |
| Ferguson Enterprises Inc. | COM | 31488V107 |  | 346274737 | 1541877 | SH |  | SOLE |  | 1322299 | 0 | 219578 |
| Fidelity National Information | COM | 31620M106 |  | 25459104 | 386095 | SH |  | SOLE |  | 386095 | 0 | 0 |
| First Advantage Corp. | COM | 31846B108 |  | 23222140 | 1508911 | SH |  | SOLE |  | 1505749 | 0 | 3162 |
| First Horizon Corp. | COM | 320517105 |  | 11151162 | 493196 | SH |  | SOLE |  | 491899 | 0 | 1297 |
| First Western Financial Inc. | COM | 33751L105 |  | 3531551 | 153379 | SH |  | SOLE |  | 153379 | 0 | 0 |
| Fortune Brands Innovations In | COM | 34964C106 |  | 27569688 | 516383 | SH |  | SOLE |  | 515592 | 0 | 791 |
| Freeport-McMoRan Inc. | COM | 35671D857 |  | 40961564 | 1044405 | SH |  | SOLE |  | 1044405 | 0 | 0 |
| FreightCar America Inc. | COM | 357023100 |  | 500668 | 51193 | SH |  | SOLE |  | 51193 | 0 | 0 |
| FTAI Infrastructure Incorporat | COM | 35953C106 |  | 7791085 | 1786946 | SH |  | SOLE |  | 1786946 | 0 | 0 |
| FTI Consulting Inc. | COM | 302941109 |  | 24963448 | 154429 | SH |  | SOLE |  | 154158 | 0 | 271 |
| Gates Industrial Corp. PLC | COM | G39108108 |  | 52624655 | 2120252 | SH |  | SOLE |  | 2115364 | 0 | 4888 |
| Generac Holdings Inc. | COM | 368736104 |  | 9615121 | 57438 | SH |  | SOLE |  | 57296 | 0 | 142 |
| General Mills Inc. | COM | 370334104 |  | 384624987 | 7628421 | SH |  | SOLE |  | 6471307 | 0 | 1157114 |
| General Motors Co. | COM | 37045V100 |  | 390983477 | 6412719 | SH |  | SOLE |  | 5465795 | 0 | 946924 |
| GoDaddy Inc. (Cl A) | COM | 380237107 |  | 25189582 | 184094 | SH |  | SOLE |  | 183778 | 0 | 316 |
| Graham Corp. | COM | 384556106 |  | 10004262 | 182227 | SH |  | SOLE |  | 182227 | 0 | 0 |
| Green Brick Partners Inc. | COM | 392709101 |  | 1130206 | 15302 | SH |  | SOLE |  | 15302 | 0 | 0 |
| Hartford Insurance Group Inc. | COM | 416515104 |  | 127751605 | 957730 | SH |  | SOLE |  | 862376 | 0 | 95354 |
| HCA Healthcare Inc. | COM | 40412C101 |  | 283478832 | 665131 | SH |  | SOLE |  | 572378 | 0 | 92753 |
| Helios Technologies Inc. | COM | 42328H109 |  | 15181716 | 291228 | SH |  | SOLE |  | 290592 | 0 | 636 |
| Humana Inc. | COM | 444859102 |  | 20550568 | 78989 | SH |  | SOLE |  | 78989 | 0 | 0 |
| Huntington Ingalls Industries | COM | 446413106 |  | 127207851 | 441832 | SH |  | SOLE |  | 441069 | 0 | 763 |
| Hurco Cos. Inc. | COM | 447324104 |  | 992235 | 57025 | SH |  | SOLE |  | 57025 | 0 | 0 |
| ICON PLC | COM | G4705A100 |  | 41027000 | 234440 | SH |  | SOLE |  | 234040 | 0 | 400 |
| Illumina Inc. | COM | 452327109 |  | 32570626 | 342957 | SH |  | SOLE |  | 342427 | 0 | 530 |
| International General Insuranc | COM | G4809J106 |  | 6351696 | 273780 | SH |  | SOLE |  | 273780 | 0 | 0 |
| International Paper Co. | COM | 460146103 |  | 254540099 | 5485778 | SH |  | SOLE |  | 4709163 | 0 | 776615 |
| iShares Russell 1000 Value ETF | ETF | 464287598 |  | 454820 | 2234 | SH |  | SOLE |  | 2234 | 0 | 0 |
| Johnson Controls International | COM | G51502105 |  | 25279044 | 229914 | SH |  | SOLE |  | 229914 | 0 | 0 |
| Johnson Outdoors Inc. (Cl A) | COM | 479167108 |  | 1922887 | 47608 | SH |  | SOLE |  | 47608 | 0 | 0 |
| KeyCorp | COM | 493267108 |  | 226361075 | 12111347 | SH |  | SOLE |  | 10431388 | 0 | 1679959 |
| KKR  Co Inc. | COM | 48251W104 |  | 8796056 | 67688 | SH |  | SOLE |  | 67688 | 0 | 0 |
| Knife River Corp. | COM | 498894104 |  | 16950757 | 220512 | SH |  | SOLE |  | 219953 | 0 | 559 |
| L3Harris Technologies Inc. | COM | 502431109 |  | 343165700 | 1123623 | SH |  | SOLE |  | 964116 | 0 | 159507 |
| Labcorp Holdings Inc. | COM | 504922105 |  | 471421701 | 1642241 | SH |  | SOLE |  | 1410233 | 0 | 232008 |
| Lear Corp. | COM | 521865204 |  | 49636849 | 493359 | SH |  | SOLE |  | 492954 | 0 | 405 |
| Liberty Media Corp. Series C L | COM | 531229755 |  | 39878279 | 381793 | SH |  | SOLE |  | 381230 | 0 | 563 |
| Live Oak Bancshares Inc. | COM | 53803X105 |  | 7819685 | 222024 | SH |  | SOLE |  | 222024 | 0 | 0 |
| Loews Corp. | COM | 540424108 |  | 12809664 | 127599 | SH |  | SOLE |  | 127599 | 0 | 0 |
| LPL Financial Holdings Inc. | COM | 50212V100 |  | 11706363 | 35187 | SH |  | SOLE |  | 35187 | 0 | 0 |
| lululemon athletica inc. | COM | 550021109 |  | 16003024 | 89940 | SH |  | SOLE |  | 89940 | 0 | 0 |
| Magnolia Oil  Gas Corp. (Cl A | COM | 559663109 |  | 3188626 | 133583 | SH |  | SOLE |  | 133583 | 0 | 0 |
| Mama's Creations Inc. | COM | 56146T103 |  | 5356295 | 509638 | SH |  | SOLE |  | 509638 | 0 | 0 |
| Martin Marietta Materials Inc | COM | 573284106 |  | 366781992 | 581935 | SH |  | SOLE |  | 494215 | 0 | 87720 |
| Marzetti Co. | COM | 513847103 |  | 33263976 | 192511 | SH |  | SOLE |  | 192184 | 0 | 327 |
| Medtronic PLC | COM | G5960L103 |  | 260139012 | 2731405 | SH |  | SOLE |  | 2315066 | 0 | 416339 |
| Mesa Laboratories Inc. | COM | 59064R109 |  | 8267761 | 123381 | SH |  | SOLE |  | 123381 | 0 | 0 |
| Meta Platforms Inc. (Cl A) | COM | 30303M102 |  | 85543520 | 116484 | SH |  | SOLE |  | 116484 | 0 | 0 |
| MetLife Inc. | COM | 59156R108 |  | 329616899 | 4001662 | SH |  | SOLE |  | 3339004 | 0 | 662658 |
| Microsoft Corp. | COM | 594918104 |  | 100037381 | 193141 | SH |  | SOLE |  | 193141 | 0 | 0 |
| Mid-America Apartment Communit | COM | 59522J103 |  | 51290691 | 367070 | SH |  | SOLE |  | 366409 | 0 | 661 |
| Miller Industries Inc. | COM | 600551204 |  | 1953579 | 48332 | SH |  | SOLE |  | 48332 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 28838841 | 181422 | SH |  | SOLE |  | 181422 | 0 | 0 |
| Mr. Cooper Group Inc. | COM | 62482R107 |  | 140730992 | 667636 | SH |  | SOLE |  | 666207 | 0 | 1429 |
| Nasdaq Inc. | COM | 631103108 |  | 79488069 | 898678 | SH |  | SOLE |  | 754686 | 0 | 143992 |
| Northern Technologies Internat | COM | 665809109 |  | 576785 | 74810 | SH |  | SOLE |  | 74810 | 0 | 0 |
| Nucor Corp. | COM | 670346105 |  | 228233408 | 1685250 | SH |  | SOLE |  | 1427976 | 0 | 257274 |
| NVR Inc. | COM | 62944T105 |  | 322334490 | 40118 | SH |  | SOLE |  | 34943 | 0 | 5175 |
| Oil-Dri Corp. of America | COM | 677864100 |  | 7633296 | 125054 | SH |  | SOLE |  | 125054 | 0 | 0 |
| Ondas Holdings Inc. | COM | 68236H204 |  | 1949485 | 252524 | SH |  | SOLE |  | 252524 | 0 | 0 |
| Orion S.A. | COM | L72967109 |  | 2330410 | 307442 | SH |  | SOLE |  | 307442 | 0 | 0 |
| Parker-Hannifin Corp. | COM | 701094104 |  | 76987858 | 101547 | SH |  | SOLE |  | 101547 | 0 | 0 |
| Perma-Fix Environmental Servic | COM | 714157203 |  | 4055746 | 401559 | SH |  | SOLE |  | 401559 | 0 | 0 |
| Perrigo Co. PLC | COM | G97822103 |  | 40035803 | 1797746 | SH |  | SOLE |  | 1795953 | 0 | 1793 |
| Pfizer Inc. | COM | 717081103 |  | 278350323 | 10924267 | SH |  | SOLE |  | 9415370 | 0 | 1508897 |
| Post Holdings Inc. | COM | 737446104 |  | 96742855 | 900101 | SH |  | SOLE |  | 898733 | 0 | 1368 |
| Proficient Auto Logistics Inc | COM | 74317M104 |  | 5811708 | 843499 | SH |  | SOLE |  | 843499 | 0 | 0 |
| Progress Software Corp. | COM | 743312100 |  | 20409790 | 464598 | SH |  | SOLE |  | 463633 | 0 | 965 |
| Pure Cycle Corp. | COM | 746228303 |  | 879102 | 79413 | SH |  | SOLE |  | 79413 | 0 | 0 |
| Red Rock Resorts Inc. (Cl A) | COM | 75700L108 |  | 149520736 | 2448751 | SH |  | SOLE |  | 2445648 | 0 | 3103 |
| Regal Rexnord Corp. | COM | 758750103 |  | 370775761 | 2584884 | SH |  | SOLE |  | 2320425 | 0 | 264459 |
| RenaissanceRe Holdings Ltd. | COM | G7496G103 |  | 30278613 | 119240 | SH |  | SOLE |  | 118939 | 0 | 301 |
| Revvity Inc. | COM | 714046109 |  | 35206025 | 401666 | SH |  | SOLE |  | 401004 | 0 | 662 |
| Rexford Industrial Realty Inc | COM | 76169C100 |  | 17547392 | 426840 | SH |  | SOLE |  | 425655 | 0 | 1185 |
| Rimini Street Inc. (Cl A) | COM | 76674Q107 |  | 1368025 | 292313 | SH |  | SOLE |  | 292313 | 0 | 0 |
| Rocky Brands Inc. | COM | 774515100 |  | 2341345 | 78595 | SH |  | SOLE |  | 78595 | 0 | 0 |
| Ryman Hospitality Properties | COM | 78377T107 |  | 41447738 | 462638 | SH |  | SOLE |  | 462003 | 0 | 635 |
| Salesforce Inc. | COM | 79466L302 |  | 391658616 | 1652568 | SH |  | SOLE |  | 1445181 | 0 | 207387 |
| SBA Communications Corp. (Cl A | COM | 78410G104 |  | 358727862 | 1855329 | SH |  | SOLE |  | 1589903 | 0 | 265426 |
| Silvercrest Asset Management G | COM | 828359109 |  | 2709536 | 172034 | SH |  | SOLE |  | 172034 | 0 | 0 |
| Solventum Corp. | COM | 83444M101 |  | 61035738 | 836106 | SH |  | SOLE |  | 835306 | 0 | 800 |
| Spotify Technology SA | COM | L8681T102 |  | 2370408 | 3396 | SH |  | SOLE |  | 3396 | 0 | 0 |
| SS Technologies Holdings In | COM | 78467J100 |  | 302598462 | 3409176 | SH |  | SOLE |  | 3047028 | 0 | 362148 |
| Starbucks Corp. | COM | 855244109 |  | 253659818 | 2998343 | SH |  | SOLE |  | 2576590 | 0 | 421753 |
| Stifel Financial Corp. | COM | 860630102 |  | 18506617 | 163097 | SH |  | SOLE |  | 162797 | 0 | 300 |
| Strawberry Fields REIT Inc. | COM | 863182101 |  | 2280432 | 185401 | SH |  | SOLE |  | 185401 | 0 | 0 |
| Synovus Financial Corp. | COM | 87161C501 |  | 12237116 | 249330 | SH |  | SOLE |  | 248635 | 0 | 695 |
| Sysco Corp. | COM | 871829107 |  | 522310533 | 6343339 | SH |  | SOLE |  | 5444972 | 0 | 898367 |
| Taseko Mines Ltd. | COM | 876511106 |  | 22751546 | 5378616 | SH |  | SOLE |  | 5369570 | 0 | 9046 |
| Teledyne Technologies Inc. | COM | 879360105 |  | 27814044 | 47461 | SH |  | SOLE |  | 47382 | 0 | 79 |
| Teleflex Inc. | COM | 879369106 |  | 40260845 | 329036 | SH |  | SOLE |  | 328450 | 0 | 586 |
| Texas Instruments Inc. | COM | 882508104 |  | 600898152 | 3270550 | SH |  | SOLE |  | 2815879 | 0 | 454671 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 242480899 | 499940 | SH |  | SOLE |  | 424877 | 0 | 75063 |
| Thermon Group Holdings Inc. | COM | 88362T103 |  | 2577278 | 96455 | SH |  | SOLE |  | 96455 | 0 | 0 |
| Titan America SA | COM | B9151N105 |  | 3007347 | 201295 | SH |  | SOLE |  | 201295 | 0 | 0 |
| TJX Cos. Inc. | COM | 872540109 |  | 19428489 | 134416 | SH |  | SOLE |  | 134416 | 0 | 0 |
| Toro Co. | COM | 891092108 |  | 12792608 | 167882 | SH |  | SOLE |  | 167541 | 0 | 341 |
| Transcat Inc. | COM | 893529107 |  | 457793 | 6254 | SH |  | SOLE |  | 6254 | 0 | 0 |
| TransUnion | COM | 89400J107 |  | 28647985 | 341943 | SH |  | SOLE |  | 341412 | 0 | 531 |
| Triumph Financial Inc. | COM | 89679E300 |  | 18112128 | 361953 | SH |  | SOLE |  | 361490 | 0 | 463 |
| Truist Financial Corp. | COM | 89832Q109 |  | 29189294 | 638436 | SH |  | SOLE |  | 638436 | 0 | 0 |
| UDR Inc. | COM | 902653104 |  | 10228131 | 274507 | SH |  | SOLE |  | 273785 | 0 | 722 |
| UFP Technologies Inc. | COM | 902673102 |  | 3464058 | 17355 | SH |  | SOLE |  | 17355 | 0 | 0 |
| UGI Corp. | COM | 902681105 |  | 38195252 | 1148384 | SH |  | SOLE |  | 1148384 | 0 | 0 |
| Ulta Beauty Inc. | COM | 90384S303 |  | 19973871 | 36532 | SH |  | SOLE |  | 36532 | 0 | 0 |
| Union Pacific Corp. | COM | 907818108 |  | 406449088 | 1719546 | SH |  | SOLE |  | 1459756 | 0 | 259790 |
| uniQure N.V. | COM | N90064101 |  | 1945647 | 33333 | SH |  | SOLE |  | 33333 | 0 | 0 |
| United States Lime  Minerals | COM | 911922102 |  | 8667040 | 65884 | SH |  | SOLE |  | 65884 | 0 | 0 |
| UTZ Brands Inc. (Cl A) | COM | 918090101 |  | 3983414 | 327853 | SH |  | SOLE |  | 327853 | 0 | 0 |
| Ventas Inc. | COM | 92276F100 |  | 10318486 | 147428 | SH |  | SOLE |  | 147428 | 0 | 0 |
| VeriSign Inc. | COM | 92343E102 |  | 74687126 | 267150 | SH |  | SOLE |  | 266880 | 0 | 270 |
| Visa Inc. (Cl A) | COM | 92826C839 |  | 223495341 | 654682 | SH |  | SOLE |  | 567256 | 0 | 87426 |
| Walt Disney Co. | COM | 254687106 |  | 367069138 | 3205844 | SH |  | SOLE |  | 2776238 | 0 | 429606 |
| Waste Management Inc. | COM | 94106L109 |  | 415596539 | 1881975 | SH |  | SOLE |  | 1607040 | 0 | 274935 |
| Webster Financial Corp. | COM | 947890109 |  | 40884734 | 687832 | SH |  | SOLE |  | 686610 | 0 | 1222 |
| WESCO International Inc. | COM | 95082P105 |  | 119396826 | 564524 | SH |  | SOLE |  | 563478 | 0 | 1046 |
| Willis Towers Watson PLC | COM | G96629103 |  | 23679216 | 68546 | SH |  | SOLE |  | 68546 | 0 | 0 |
| WNS (Holdings) Ltd. | COM | G98196101 |  | 46183087 | 605521 | SH |  | SOLE |  | 604626 | 0 | 895 |
| Zoetis Inc. (Cl A) | COM | 98978V103 |  | 394010350 | 2692799 | SH |  | SOLE |  | 2333045 | 0 | 359754 |
| HDFC Bank Ltd. ADR | ADS | 40415F101 |  | 5399193 | 158056 | SH |  | SOLE |  | 158056 | 0 | 0 |
| Novartis AG ADR | ADR | 66987V109 |  | 3568534 | 27827 | SH |  | SOLE |  | 27827 | 0 | 0 |
| Taiwan Semiconductor Manufactu | ADS | 874039100 |  | 91601255 | 327979 | SH |  | SOLE |  | 327979 | 0 | 0 |

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