Diamond Hill reports asset management growth in January

Published 04/02/2025, 22:41

COLUMBUS, OH - Diamond Hill Investment Group Inc. (NASDAQ:DHIL), an investment advisory firm based in Columbus (WA:CLC), Ohio, disclosed its latest assets under management (AUM) figures today. According to the 8-K filing with the Securities and Exchange Commission, the company’s asset management subsidiary, Diamond Hill Capital Management, Inc., reported a total AUM of $30.837 billion as of January 31, 2025. The company, currently valued at $405 million in market capitalization, has maintained a strong financial position with a healthy 30% return on equity over the last twelve months.

The breakdown of the AUM by investment vehicle shows that Diamond Hill Funds hold the largest share with $18.785 billion. Separately managed accounts follow with $6.160 billion, collective investment trusts with $1.901 billion, and other pooled vehicles with $3.991 billion. According to InvestingPro data, the company has demonstrated strong financial discipline, maintaining dividend payments for 17 consecutive years, with a current attractive yield of 4.04%.

In terms of investment strategies, Large Cap strategies dominate the firm’s portfolio, comprising $18.166 billion of the AUM. Other notable strategy allocations include Long-Short at $1.760 billion, Core Fixed Income at $2.515 billion, and Short Duration Securitized Bond with $3.944 billion. The remaining strategies, including Small Cap, Small-Mid Cap, Mid Cap, and others, represent smaller portions of the total AUM.

This report reflects the company’s financial position regarding its managed assets at the end of January and provides investors with a snapshot of its current asset allocation. Diamond Hill Investment Group, known for its value-oriented investment philosophy, manages a diverse range of investment strategies through various vehicles. InvestingPro analysis suggests the stock is currently undervalued, trading at an attractive P/E ratio of 8.4x, with strong liquidity evidenced by a current ratio of 2.1. For deeper insights into Diamond Hill’s valuation metrics and additional ProTips, investors can explore the comprehensive analysis available on InvestingPro.

The SEC filing, which serves as the source of this information, indicates that Diamond Hill is maintaining its trajectory in the investment advisory market. The company’s focus on a broad spectrum of investment strategies appears to cater to a wide range of investor needs, from equity to fixed income. The company’s financial health score from InvestingPro is rated as "GOOD," reflecting its stable market position and operational efficiency.

Diamond Hill’s Chief Financial Officer and Treasurer, Thomas E. Line, signed off on the filing, underscoring the firm’s commitment to transparency and regulatory compliance.

Investors and market watchers often use such filings to gauge the health and direction of asset management firms. Diamond Hill’s reported AUM growth is a key indicator of its performance and market confidence in its investment strategies.

In other recent news, Diamond Hill Investment Group Inc. reported its assets under management (AUM) for November, totaling approximately $31.56 billion. This figure encompasses a variety of investment vehicles and strategies, with the Diamond Hill Funds accounting for $18.92 billion of the total AUM. Other contributors included separately managed accounts, collective investment trusts, and other pooled vehicles.

The firm’s investment strategies varied, with Large Cap strategies holding the majority at $19.13 billion. Other strategies included Small-Mid Cap, Mid Cap, and Long-Short. Fixed income strategies were also represented, with Short Duration Securitized assets totaling $3.49 billion and Core Fixed Income at $2.38 billion.

These recent developments provide insights into Diamond Hill’s current financial status and asset distribution across various funds and investment strategies. The information, based on a press release statement, serves as a factual update to the market and investors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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