- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 325 John H. McConnell Boulevard, Suite 200 Columbus OH United States of America 43215
- IPO Date
- Sep 29, 2025
- Business
- Diamond Hill Investment Group, Inc. (NASDAQ: DHIL) is an independent investment management firm that provides investment advisory and fund administration services to individual and institutional investors through a range of mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts, sub-advised funds, and model delivery programs. The firm offers differentiated strategies across US equity (including large-cap, small-cap, and strategic value), international equity, alternative long-short equity, and fixed income (such as core bond, core plus bond, short duration, securitized credit, and strategic income); its equity strategies emphasize a valuation-disciplined, intrinsic value-focused philosophy with high-conviction portfolios typically holding 20 to 30 securities. Headquartered in Columbus, Ohio, and founded in 2000, Diamond Hill manages strategies for US and foreign clients with assets under management and advisement totaling approximately $32.8 billion as of August 31, 2025.
In September 2025, Diamond Hill completed the conversion of its Large Cap Concentrated mutual fund into an actively managed exchange-traded fund, the Diamond Hill Large Cap Concentrated ETF (NYSE: DHLX), which invests at least 80% of its net assets in undervalued US large-cap equity securities and offers intraday liquidity and daily holdings transparency. More recently, in December 2025, First Eagle Investments agreed to acquire Diamond Hill for $473 million, or $175 per share—a 49% premium to the prior closing price—with the transaction expected to close by the third quarter of 2026, subject to approvals; post-acquisition, Diamond Hill will retain its Columbus headquarters, brand, investment philosophy, and team while enhancing its fixed income capabilities and distribution through First Eagle's global resources. The firm, which is publicly traded with significant employee ownership, continues to emphasize long-term perspective, capacity discipline, and client alignment across its operations.