Diamond Hill Investment Group Inc. (NASDAQ:DHIL), an Ohio-based investment advisory firm, disclosed its assets under management (AUM) as of June 30, 2024, in a regulatory filing today. The company’s AUM totaled $29.291 billion, spread across various investment vehicles and strategies.
The breakdown by investment vehicle showed Diamond Hill Funds holding the largest portion with $16.938 billion. Separately managed accounts followed with $6.657 billion, other pooled vehicles at $3.839 billion, and collective investment trusts at $1.857 billion.
Investment strategies were also diverse, with Large Cap strategies commanding the majority of the assets at $17.917 billion. Notably, the Small Cap strategy managed $250 million, and the Long-Short strategy $1.834 billion. The company also reported $2.809 billion in Short Duration Securitized Bond and $2.039 billion in Core Fixed Income strategies.
This financial update comes directly from a Form 8-K filed with the Securities and Exchange Commission, indicating the company’s performance in managing investments across its various funds and accounts. The filing also included the signature of Thomas E. Line, Chief Financial Officer and Treasurer of Diamond Hill Investment Group, certifying the accuracy of the reported figures.
The AUM figures are a snapshot of the firm’s financial health and growth, reflecting the total market value of the assets managed by the company on behalf of its clients. Diamond Hill’s report underscores its presence in the investment advisory market and provides investors with a transparent view of its size and scope as of the end of the second quarter of 2024.
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