Diamond Hill Large Cap Fund Class Y
DHLYX
NASDAQ- -
USD
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- -
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.- CEO
- Ric H. Dillon
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 325 John H. Mcconnell Boulevard Columbus OH United States of America 43215
- IPO Date
- Dec 30, 2011
- CIK
- 0001032423
- Website
- diamond-hill.com
- Similar Companies
- Business
- Diamond Hill Large Cap Fund Class Y (DHLYX) is an open-end mutual fund managed by Diamond Hill Capital Management, Inc., a boutique investment management firm that applies a long-term, intrinsic value discipline to invest primarily in undervalued large capitalization U.S. equities with market capitalizations generally exceeding $5 billion; the Fund emphasizes a margin of safety by purchasing securities at discounts to estimated intrinsic value, treating each holding as a partial ownership interest in the underlying business, with a portfolio that typically features concentrated positions in sectors such as financial services, industrials, healthcare, consumer cyclical, and technology. Diamond Hill Capital Management offers a broad range of investment strategies including U.S. and international equity, alternative long-short equity, fixed income, and multi-asset solutions through mutual funds, separate accounts, and other vehicles; Class Y shares of the Large Cap Fund target institutional investors with a minimum initial investment of $500,000, feature a net expense ratio of 0.55%, and as of mid-2025 maintain net assets of approximately $2.61 billion within the Fund's total of over $8 billion. The firm, founded in 1990 and headquartered in Columbus, Ohio, manages or advises on $32.4 billion in assets as of September 30, 2025, serving clients primarily in the United States through its valuation-driven, active fundamental approach across multiple asset classes. In a major strategic development announced on December 11, 2025, Diamond Hill Investment Group, Inc., the publicly traded parent entity (Nasdaq: DHIL), entered a definitive agreement to be acquired by First Eagle Investments in an all-cash transaction valued at approximately $473 million, or $175 per share—a 49% premium to the prior closing price—expected to close by Q3 2026 pending shareholder, regulatory, and other approvals; this partnership aims to enhance Diamond Hill's distribution and resources while preserving its investment teams, philosophy, and Columbus headquarters, expanding First Eagle's capabilities in U.S. equity and fixed income. Under the leadership of Portfolio Manager Austin Hawley since 2015, the Fund maintains low turnover of around 22%, daily pricing, and a focus on convergence of market price to intrinsic value over time, with no front-end or deferred loads.