Diamond Hill Large Cap Fund
DHLRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 325 John H. Mcconnell Boulevard Columbus OH United States of America 43215
- IPO Date
- Jan 31, 2005
- CIK
- 0001032423
- Website
- diamond-hill.com
- Similar Companies
- Business
- Diamond Hill Large Cap Fund (DHLRX) is an open-end mutual fund managed by Diamond Hill Capital Management, Inc., a registered investment adviser and subsidiary of Diamond Hill Investment Group, Inc., that seeks capital appreciation and preservation by investing primarily in undervalued large capitalization U.S. equities exhibiting attractive intrinsic value characteristics; the portfolio typically targets companies with market capitalizations of $5 billion or greater, emphasizing a long-term, value-oriented approach that treats each stock as a partial ownership interest with a margin of safety. Core offerings include Class I shares (DHLRX) with a net expense ratio of 0.67%, daily pricing, and a minimum initial investment of $2,500; the fund maintains high active share relative to the Russell 1000 Value Index, with top holdings such as American International Group Inc., Berkshire Hathaway Inc., Abbott Laboratories, Colgate-Palmolive Co., and Aon plc representing approximately 21% of assets; sector allocations feature financial services (25%), healthcare (15%), industrials (14%), technology (10%), and consumer cyclical (10%), with 98% in U.S. stocks and 2% cash. Launched on January 31, 2005, and domiciled in the United States, the fund operates nationwide with total net assets of $7.10 billion and share class size of $4.56 billion as of late 2025; it is managed by Austin Hawley, CFA, since February 2015. In a significant strategic development announced on December 11, 2025, Diamond Hill Investment Group entered into a definitive agreement to be acquired by First Eagle Investments, an independent, fundamentally driven investment manager, enabling continued implementation of the firm's disciplined investment philosophy with enhanced resources and distribution capabilities. Recent portfolio adjustments in Q1 2025 included initiating new positions in Capital One Financial, MetLife, and General Mills to capitalize on market volatility and reposition for long-term opportunities.