Schedule of Investments Diamond Hill Large Cap Fund (Closed to Most New Investors) July 31, 2021

Schedule of Investments Diamond Hill Large Cap Fund (closed to most new investors) July 31, 2021

Net Assets: $11,673,607,632

% of Net Ticker Security Description Shares Market Value Assets AIG American International Group, Inc. 11,033,461 $522,434,378 4.48% ABT Abbott Laboratories 3,353,940 405,759,661 3.48% BRK/B Berkshire Hathaway, Inc. - Class B 1,367,167 380,468,904 3.26% KKR KKR & Co., Inc. 5,720,781 364,756,997 3.12% DIS Walt Disney Co. (The) 2,020,470 355,643,129 3.05% BAC Bank of America Corp. 9,000,428 345,256,418 2.96% MDT Medtronic plc 2,501,897 328,524,095 2.81% PEP PepsiCo, Inc. 2,060,992 323,472,694 2.77% PG Procter & Gamble Co. (The) 2,250,701 320,117,203 2.74% MDLZ Mondelez International, Inc. - Class A 5,002,373 316,450,116 2.71% FB Facebook, Inc. - Class A 854,774 304,555,976 2.61% NVR NVR, Inc. 56,066 292,810,292 2.51% GM General Motors Co. 4,992,925 283,797,857 2.43% FCX Freeport-McMoRan, Inc. 7,313,487 278,643,855 2.39% CVX Chevron Corp. 2,658,932 270,705,867 2.32% PFE Pfizer, Inc. 6,239,556 267,115,392 2.29% HUM Humana, Inc. 582,688 248,143,512 2.13% CTSH Cognizant Technology Solutions Corp. - Class A 3,288,192 241,780,758 2.07% HIG Hartford Financial Services Group, Inc. (The) 3,710,202 236,043,051 2.02% FIS Fidelity National Information Services, Inc. 1,576,564 234,986,864 2.01% PH Parker-Hannifin Corp. 749,936 234,002,530 2.00% TFC Truist Financial Corp. 4,229,299 230,200,745 1.97% SCHW Charles Schwab Corp. (The) 3,343,689 227,203,668 1.95% VFC VF Corp. 2,698,299 216,403,580 1.85% BKNG Booking Holdings, Inc. 92,024 200,452,198 1.72% MMC Marsh & McLennan Cos., Inc. 1,319,961 194,324,658 1.66% MS Morgan Stanley 1,996,783 191,651,232 1.64% CHTR Charter Communications, Inc. - Class A 246,358 183,302,670 1.57% LIN Linde plc 591,073 181,689,929 1.56% CMCSA Comcast Corp. - Class A 3,086,440 181,575,265 1.56% FRC First Republic Bank 926,880 180,760,138 1.55% WY Weyerhaeuser Co. 5,046,312 170,212,104 1.46% ADM Archer-Daniels-Midland Co. 2,819,829 168,400,188 1.44% V Visa, Inc. - Class A 659,297 162,444,188 1.39% CARR Carrier Global Corp. 2,844,424 157,154,426 1.35% CAT Caterpillar, Inc. 750,213 155,106,538 1.33% BWA BorgWarner, Inc. 3,057,576 149,760,072 1.28% TXN Texas Instruments, Inc. 783,124 149,279,097 1.28% LHX L3Harris Technologies, Inc. 645,964 146,465,877 1.25% PSA Public Storage REIT 463,898 144,958,847 1.24% D Dominion Energy, Inc. 1,925,663 144,174,389 1.23% HON Honeywell International, Inc. 612,811 143,269,084 1.23% ABBV AbbVie, Inc. 1,222,418 142,167,213 1.22% HBI Hanesbrands, Inc. 7,485,492 136,685,084 1.17% SHW Sherwin-Williams Co. (The) 466,095 135,647,628 1.16% DE Deere & Co. 367,845 133,009,074 1.14% MET MetLife, Inc. 2,170,526 125,239,350 1.07% WFC Wells Fargo & Co. 2,713,641 124,664,668 1.07% VZ Verizon Communications, Inc. 2,196,011 122,493,494 1.05%

Schedule of Investments (continued) Diamond Hill Large Cap Fund (closed to most new investors) July 31, 2021

% of Net Ticker Security Description Shares Market Value Assets ZNGA Zynga, Inc. - Class A 10,722,349 $108,295,725 0.93% GILD Gilead Sciences, Inc. 1,469,756 100,369,637 0.86% SBAC SBA Communications Corp. 278,250 94,880,468 0.81%

Money Market Funds 1.79% State Street Institutional US Government Money Market Fund - Premier Class 208,918,905 $208,918,905 1.79%

Holdings are unaudited and are current as of the date of this report, may not reflect holdings beyond this date, and do not include collateral received for securities loaned or receivable/payable for securities transactions. The "unaudited" mutual fund holdings list is to be used for reporting purposes only, and is disclosed at www.diamond-hill.com in conjunction with the Diamond Hill Funds Portfolio Holdings Disclosure Policy. This list is for the general information of Fund shareholders and is not intended as an offer of a security. For certified holdings, please refer to the most recent annual report or semi-annual report.

Diamond Hill Large Cap Fund Schedule of Investments June 30, 2021 (Unaudited)

Fair

Shares Value Common Stocks — 98.2% Communication Services — 10.8% Charter Communications, Inc., Class A (a)(b) 246,358 $ 177,734,979 Comcast Corp., Class A 3,086,440 175,988,809 Facebook, Inc., Class A (b) 854,774 297,213,468 Verizon Communications, Inc. 2,196,011 123,042,496 Walt Disney Co. (The) (b) 1,954,460 343,535,434 Zynga, Inc., Class A (b) 10,722,349 113,978,570 1,231,493,756 Consumer Discretionary — 11.1% Booking Holdings, Inc. (b) 86,669 189,639,572 BorgWarner, Inc. 3,057,576 148,414,739 General Motors Co. (b) 4,790,495 283,453,589 Hanesbrands, Inc. 7,485,492 139,754,136 NVR, Inc. (b) 56,066 278,833,038 VF Corp. 2,698,299 221,368,450 1,261,463,524 Consumer Staples — 10.4% Archer-Daniels-Midland Co. 2,819,829 170,881,637 Kimberly-Clark Corp. 660,936 88,420,018 Mondelēz International, Inc., Class A 5,002,373 312,348,170 PepsiCo, Inc. 2,060,992 305,377,185 Procter & Gamble Co. (The) 2,250,701 303,687,086 1,180,714,096 Energy — 2.3% Chevron Corp. 2,541,961 266,244,995

Financials — 27.1% American International Group, Inc. 10,417,481 495,872,096 Bank of America Corp. 8,397,430 346,226,039 Berkshire Hathaway, Inc., Class B (b) 1,367,167 379,963,053 Charles Schwab Corp. (The) 3,343,689 243,453,996 First Republic Bank 926,880 173,484,130 Hartford Financial Services Group, Inc. (The) 3,390,102 210,084,621 KKR & Co., Inc. 6,452,203 382,228,506 Marsh & McLennan Cos., Inc. 1,319,961 185,692,113

Diamond Hill Large Cap Fund Schedule of Investments (Continued) June 30, 2021 (Unaudited)

Fair Shares Value Common Stocks — 98.2% continued Financials — 27.1% continued MetLife, Inc. 2,170,526 $ 129,905,981 Morgan Stanley 1,996,783 183,085,033 Truist Financial Corp. 4,229,299 234,726,095 Wells Fargo & Co. 2,713,641 122,900,801 3,087,622,464 Health Care — 12.6% Abbott Laboratories 3,353,940 388,822,264 AbbVie, Inc. 1,222,418 137,693,164 Gilead Sciences, Inc. 1,469,756 101,207,398 Humana, Inc. 582,688 257,967,631 Medtronic plc 2,501,897 310,560,475 Pfizer, Inc. 6,239,556 244,341,013 1,440,591,945 Industrials — 8.2% Carrier Global Corp. 3,153,019 153,236,723 Caterpillar, Inc. 706,248 153,700,752 Deere & Co. 353,895 124,822,305 Honeywell International, Inc. 612,811 134,420,093 L3Harris Technologies, Inc. 645,964 139,625,119 Parker-Hannifin Corp. 749,936 230,312,845 936,117,837 Information Technology — 6.2% Cognizant Technology Solutions Corp., Class A 3,288,192 227,740,178 Fidelity National Information Services, Inc. 1,491,099 211,243,995 Texas Instruments, Inc. 568,214 109,267,552 Visa, Inc., Class A (a) 659,297 154,156,825 702,408,550 Materials — 4.7% Freeport-McMoRan, Inc. 6,354,100 235,800,651 Linde plc 591,073 170,879,204 Sherwin-Williams Co. (The) 466,095 126,987,583 533,667,438 Real Estate — 3.6% Public Storage REIT 550,421 165,506,090 SBA Communications Corp. 278,250 88,678,275

Fair Shares Value Real Estate — 3.6% continued Weyerhaeuser Co. 4,601,344 $ 158,378,260 412,562,625 Utilities — 1.2% Dominion Energy, Inc. 1,925,663 141,671,027

Total Common Stocks (Cost $7,778,883,709) $ 11,194,558,257

Registered Investment Companies — 1.9% State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c) 208,717,778 208,717,778 State Street Navigator Securities Lending Portfolio I, 0.10% (c)(d) 6,509,399 6,509,399 Total Registered Investment Companies (Cost $215,227,177) $ 215,227,177

Total Investment Securities — 100.1% (Cost $7,994,110,886) $ 11,409,785,434

Liabilities in Excess of Other Assets — (0.1)% (9,593,054)

Net Assets — 100.0% $ 11,400,192,380

(a) All or a portion of the security is on loan. The total fair value of the securities on loan as of June 30, 2021 was $189,971,767. (b) Non-income producing security. (c) The rate shown is the 7-day effective yield as of June 30, 2021. (d) This security was purchased with cash collateral held from securities on loan. plc — Public Limited Company REIT — Real Estate Investment Trust

Schedule of Investments Diamond Hill Large Cap Fund (closed to most new investors) May 31, 2021

Net Assets: $11,633,339,749

% of Net Ticker Security Description Shares Market Value Assets AIG American International Group, Inc. 10,247,762 $541,491,744 4.65% BRK/B Berkshire Hathaway, Inc. - Class B 1,375,852 398,226,603 3.42% ABT Abbott Laboratories 3,375,247 393,722,563 3.38% KKR KKR & Co., Inc. 6,493,193 361,605,918 3.11% BAC Bank of America Corp. 8,450,778 358,228,479 3.08% DIS Walt Disney Co. (The) 1,902,177 339,823,921 2.92% MDLZ Mondelez International, Inc. - Class A 5,034,153 319,819,740 2.75% MDT Medtronic plc 2,517,791 318,727,163 2.74% PEP PepsiCo, Inc. 2,074,085 306,840,135 2.64% PG Procter & Gamble Co. (The) 2,180,933 294,098,815 2.53% GM General Motors Co. 4,820,929 285,929,299 2.46% FB Facebook, Inc. - Class A 860,204 282,774,861 2.43% NVR NVR, Inc. 53,964 263,734,480 2.27% CVX Chevron Corp. 2,479,840 257,382,594 2.21% HUM Humana, Inc. 586,390 256,662,903 2.21% SCHW Charles Schwab Corp. (The) 3,364,931 248,500,154 2.14% PFE Pfizer, Inc. 6,279,195 243,193,222 2.09% CTSH Cognizant Technology Solutions Corp. - Class A 3,309,082 236,797,908 2.04% TFC Truist Financial Corp. 3,780,024 233,529,883 2.01% FIS Fidelity National Information Services, Inc. 1,500,572 223,555,217 1.92% HIG Hartford Financial Services Group, Inc. (The) 3,411,639 222,950,609 1.92% MS Morgan Stanley 2,434,418 221,410,317 1.90% VFC VF Corp. 2,715,441 216,474,957 1.86% FCX Freeport-McMoRan, Inc. 4,978,502 212,681,605 1.83% PH Parker-Hannifin Corp. 676,862 208,575,025 1.79% BKNG Booking Holdings, Inc. 87,220 205,974,391 1.77% ADM Archer-Daniels-Midland Co. 2,837,743 188,795,042 1.62% MMC Marsh & McLennan Cos., Inc. 1,328,347 183,776,807 1.58% FRC First Republic Bank 932,768 178,569,106 1.53% CMCSA Comcast Corp. - Class A 3,106,048 178,100,792 1.53% WY Weyerhaeuser Co. 4,630,576 175,776,665 1.51% CHTR Charter Communications, Inc. - Class A 247,923 172,189,961 1.48% LIN Linde plc 558,526 167,892,916 1.44% MET MetLife, Inc. 2,491,588 162,850,192 1.40% BWA BorgWarner, Inc. 3,077,000 157,819,330 1.36% PSA Public Storage REIT 553,918 156,470,757 1.35% CAT Caterpillar, Inc. 640,838 154,493,225 1.33% V Visa, Inc. - Class A 663,485 150,810,140 1.30% HBI Hanesbrands, Inc. 7,533,047 147,195,738 1.27% CARR Carrier Global Corp. 3,173,050 145,738,186 1.25% HON Honeywell International, Inc. 616,704 142,403,121 1.22% LHX L3Harris Technologies, Inc. 650,068 141,753,828 1.22% ABBV AbbVie, Inc. 1,230,184 139,256,829 1.20% D Dominion Energy, Inc. 1,771,974 134,918,100 1.16% SHW Sherwin-Williams Co. (The) 469,056 132,991,448 1.14% WFC Wells Fargo & Co. 2,730,881 127,586,760 1.10% VZ Verizon Communications, Inc. 2,209,962 124,840,753 1.07% ZNGA Zynga, Inc. - Class A 10,790,467 116,968,662 1.01% DE Deere & Co. 315,999 114,107,239 0.98%

Schedule of Investments (continued) Diamond Hill Large Cap Fund (closed to most new investors) May 31, 2021

% of Net Ticker Security Description Shares Market Value Assets KMB Kimberly-Clark Corp. 866,420 $113,180,445 0.97% TXN Texas Instruments, Inc. 571,824 108,543,632 0.93% GILD Gilead Sciences, Inc. 1,479,093 97,782,838 0.84% SBAC SBA Communications Corp. 280,018 83,478,966 0.72%

Money Market Funds 2.34% State Street Institutional US Government Money Market Fund - Premier Class 272,700,716 $272,700,716 2.34%

Schedule of Investments Diamond Hill Large Cap Fund (closed to most new investors) April 30, 2021

Net Assets: $11,402,475,524

% of Net Ticker Security Description Shares Market Value Assets AIG American International Group, Inc. 10,247,762 $496,504,069 4.35% ABT Abbott Laboratories 3,375,247 405,299,660 3.56% BRK/B Berkshire Hathaway, Inc. - Class B 1,375,852 378,290,507 3.32% KKR KKR & Co., Inc. 6,493,193 367,384,860 3.22% BAC Bank of America Corp. 8,450,778 342,510,032 3.00% DIS Walt Disney Co. (The) 1,799,657 334,772,195 2.94% MDT Medtronic plc 2,517,791 329,629,198 2.89% MDLZ Mondelez International, Inc. - Class A 5,034,153 306,126,844 2.69% PEP PepsiCo, Inc. 2,074,085 299,000,094 2.62% PG Procter & Gamble Co. (The) 2,180,933 290,980,081 2.55% NVR NVR, Inc. 53,964 270,796,748 2.38% FB Facebook, Inc. - Class A 821,894 267,181,301 2.34% HUM Humana, Inc. 586,390 261,084,284 2.29% GM General Motors Co. 4,510,023 258,063,516 2.26% CVX Chevron Corp. 2,479,840 255,597,109 2.24% PFE Pfizer, Inc. 6,279,195 242,690,887 2.13% VFC VF Corp. 2,715,441 238,035,558 2.09% SCHW Charles Schwab Corp. (The) 3,364,931 236,891,142 2.08% FIS Fidelity National Information Services, Inc. 1,500,572 229,437,459 2.01% HIG Hartford Financial Services Group, Inc. (The) 3,411,639 225,031,708 1.97% TFC Truist Financial Corp. 3,780,024 224,193,223 1.97% CTSH Cognizant Technology Solutions Corp. - Class A 2,708,259 217,744,024 1.91% BKNG Booking Holdings, Inc. 87,220 215,091,498 1.89% PH Parker-Hannifin Corp. 676,862 212,406,064 1.86% KMB Kimberly-Clark Corp. 1,517,015 202,248,440 1.77% MS Morgan Stanley 2,434,418 200,961,206 1.76% CHTR Charter Communications, Inc. - Class A 285,879 192,525,212 1.69% MMC Marsh & McLennan Cos., Inc. 1,328,347 180,256,688 1.58% WY Weyerhaeuser Co. 4,630,576 179,527,431 1.57% ADM Archer-Daniels-Midland Co. 2,837,743 179,146,716 1.57% CMCSA Comcast Corp. - Class A 3,106,048 174,404,595 1.53% FRC First Republic Bank 932,768 170,920,408 1.50% LIN Linde plc 558,526 159,649,072 1.40% MET MetLife, Inc. 2,491,588 158,539,744 1.39% PSA Public Storage REIT 553,918 155,739,585 1.37% V Visa, Inc. - Class A 663,485 154,963,557 1.36% BWA BorgWarner, Inc. 3,077,000 149,480,660 1.31% HBI Hanesbrands, Inc. 6,982,314 147,047,533 1.29% CAT Caterpillar, Inc. 640,838 146,181,556 1.28% D Dominion Energy, Inc. 1,771,974 141,580,723 1.24% CARR Carrier Global Corp. 3,173,050 138,281,519 1.21% HON Honeywell International, Inc. 616,704 137,549,660 1.21% ABBV AbbVie, Inc. 1,230,184 137,165,516 1.20% LHX L3Harris Technologies, Inc. 650,068 136,013,728 1.19% SHW Sherwin-Williams Co. (The) 469,056 128,460,367 1.13% VZ Verizon Communications, Inc. 2,209,962 127,713,704 1.12% WFC Wells Fargo & Co. 2,730,881 123,026,189 1.08% ZNGA Zynga, Inc. - Class A 9,818,065 106,231,463 0.93% TXN Texas Instruments, Inc. 571,824 103,219,950 0.91%

Schedule of Investments (continued) Diamond Hill Large Cap Fund (closed to most new investors) April 30, 2021

% of Net Ticker Security Description Shares Market Value Assets GILD Gilead Sciences, Inc. 1,479,093 $93,878,033 0.82% SBAC SBA Communications Corp. 280,018 83,926,995 0.74% DE Deere & Co. 178,713 66,275,716 0.58%

Money Market Funds 3.78% State Street Institutional US Government Money Market Fund - Premier Class 430,596,701 $430,596,701 3.78%

Diamond Hill Large Cap Fund Schedule of Investments March 31, 2021 (Unaudited)

Common Stocks - 95.5% Shares Fair Value Communication Services - 10.3% Charter Communications, Inc., Class A (a) 285,879 $ 176,393,061 Comcast Corp., Class A 3,106,048 168,068,257 Facebook, Inc., Class A (a) 784,943 231,189,262 Verizon Communications, Inc. 2,209,962 128,509,290 Walt Disney Co. (The) (a) 1,719,347 317,253,908 Zynga, Inc., Class A (a) 8,854,117 90,400,535 1,111,814,313 Consumer Discretionary - 12.0% Booking Holdings, Inc. (a) 87,220 203,208,645 BorgWarner, Inc. 3,077,000 142,649,720 General Motors Co. (a) 4,734,853 272,064,653 Hanesbrands, Inc. 6,982,314 137,342,116 NVR, Inc. (a) 53,964 254,220,626 O'Reilly Automotive, Inc. (a) 154,339 78,288,458 VF Corp. 2,596,756 207,532,740 1,295,306,958 Consumer Staples - 11.2% Archer-Daniels-Midland Co. 2,570,748 146,532,636 Kimberly-Clark Corp. 1,517,015 210,940,936 Mondelēz International, Inc., Class A 4,759,323 278,563,175 PepsiCo, Inc. 2,027,280 286,758,756 Procter & Gamble Co. (The) 2,132,873 288,854,990 1,211,650,493 Energy - 2.3% Chevron Corp. 2,412,520 252,807,971

Financials - 26.1% American International Group, Inc. 9,659,100 446,347,011 Bank of America Corp. 8,450,778 326,960,601 Berkshire Hathaway, Inc., Class B (a) 1,343,338 343,182,559 Charles Schwab Corp. (The) 3,364,931 219,326,203 First Republic Bank 932,768 155,539,064 Diamond Hill Large Cap Fund Schedule of Investments (Continued) March 31, 2021 (Unaudited)

Common Stocks - 95.5% (Continued) Shares Fair Value Financials - 26.1% (Continued) Hartford Financial Services Group, Inc. (The) 3,411,639 $ 227,863,369 JPMorgan Chase & Co. 507,908 77,318,835 KKR & Co., Inc. 6,493,193 317,192,478 Marsh & McLennan Cos., Inc. 1,328,347 161,792,665 MetLife, Inc. 2,491,588 151,463,634 Morgan Stanley 2,434,418 189,056,902 Truist Financial Corp. 3,583,269 208,976,248 2,825,019,569 Health Care - 12.7% Abbott Laboratories 3,375,247 404,489,600 AbbVie, Inc. 1,230,184 133,130,512 Gilead Sciences, Inc. 1,479,093 95,593,781 Humana, Inc. 570,900 239,349,825 Medtronic plc 2,414,316 285,203,149 Pfizer, Inc. 5,958,315 215,869,752 1,373,636,619 Industrials - 7.7% Carrier Global Corp. 3,173,050 133,966,171 Caterpillar, Inc. 640,838 148,591,107 Deere & Co. 178,713 66,863,682 Honeywell International, Inc. 631,713 137,125,941 L3Harris Technologies, Inc. 650,068 131,755,782 Parker-Hannifin Corp. 676,862 213,502,581 831,805,264 Information Technology - 6.2% Cognizant Technology Solutions Corp., Class A 2,708,259 211,569,193 Fidelity National Information Services, Inc. 1,500,572 210,995,429 Texas Instruments, Inc. 571,824 108,069,018 Visa, Inc., Class A (b) 663,485 140,479,679 671,113,319 Materials - 2.5% Linde plc 558,526 156,465,474 Sherwin-Williams Co. (The) 156,352 115,389,339 271,854,813 Diamond Hill Large Cap Fund Schedule of Investments (Continued) March 31, 2021 (Unaudited)

Common Stocks - 95.5% (Continued) Shares Fair Value Real Estate - 3.3% Public Storage REIT 553,918 $ 136,684,806 SBA Communications Corp. 257,068 71,349,223 Weyerhaeuser Co. 4,323,991 153,934,080 361,968,109 Utilities - 1.2% Dominion Energy, Inc. 1,771,974 134,599,145

Total Common Stocks (Cost $7,216,001,975) $ 10,341,576,573

Registered Investment Companies - 4.7% Shares Fair Value State Street Institutional US Government Money Market Fund, Premier Class, 0.04% (c) 473,802,405 $ 473,802,405 State Street Navigator Securities Lending Portfolio I, 0.10% (c)(d) 30,076,266 30,076,266 Total Registered Investment Companies (Cost $503,878,671) $ 503,878,671

Total Investment Securities - 100.2% (Cost $7,719,880,646) $ 10,845,455,244

Liabilities in Excess of Other Assets - (0.2)% (21,756,504)

Net Assets - 100.0% $ 10,823,698,740

(a) Non-income producing security. (b) All or a portion of the security is on loan. The total fair value of the securities on loan as of March 31, 2021 was $127,558,856. (c) The rate shown is the 7-day effective yield as of March 31, 2021. (d) This security was purchased with cash collateral held from securities on loan. plc - Public Limited Company REIT - Real Estate Investment Trust

See accompanying notes to Schedules of Investments.

Schedule of Investments Diamond Hill Large Cap Fund February 28, 2021

Net Assets: $ 9,583,259,607

% of Net Ticker Security Description Shares Market Value Assets AIG American International Group, Inc. 9,659,100 $424,517,445 4.43% ABT Abbott Laboratories 3,071,908 367,953,140 3.84% BRK/B Berkshire Hathaway, Inc. - Class B 1,302,393 313,238,540 3.27% DIS Walt Disney Co. (The) 1,603,597 303,143,977 3.16% BAC Bank of America Corp. 8,450,778 293,326,504 3.06% KKR KKR & Co., Inc. 5,949,619 271,064,642 2.83% MDT Medtronic plc 2,234,116 261,324,549 2.73% PG Procter & Gamble Co. (The) 2,052,598 253,557,431 2.64% MDLZ Mondelez International, Inc. - Class A 4,759,323 253,005,611 2.64% PEP PepsiCo, Inc. 1,947,945 251,655,015 2.63% GM General Motors Co. 4,545,018 233,295,774 2.43% NVR NVR, Inc. 49,356 222,143,459 2.32% CVX Chevron Corp. 2,212,210 221,221,000 2.31% BKNG Booking Holdings, Inc. 87,220 203,092,642 2.12% FIS Fidelity National Information Services, Inc. 1,453,407 200,570,166 2.09% SCHW Charles Schwab Corp. (The) 3,224,665 199,026,324 2.08% PH Parker-Hannifin Corp. 676,862 194,232,320 2.03% HUM Humana, Inc. 502,008 190,587,337 1.99% PFE Pfizer, Inc. 5,665,153 189,725,974 1.98% KMB Kimberly-Clark Corp. 1,438,705 184,629,013 1.93% VFC VF Corp. 2,332,819 184,595,967 1.93% CTSH Cognizant Technology Solutions Corp. - Class A 2,505,815 184,127,286 1.92% HIG Hartford Financial Services Group, Inc. (The) 3,411,639 172,935,981 1.80% MS Morgan Stanley 2,227,398 171,220,084 1.79% TFC Truist Financial Corp. 2,992,148 170,432,750 1.78% FB Facebook, Inc. - Class A 657,137 169,291,634 1.77% CHTR Charter Communications, Inc. - Class A 269,207 165,136,958 1.72% MET MetLife, Inc. 2,693,479 155,144,390 1.62% CMCSA Comcast Corp. - Class A 2,908,283 153,324,680 1.60% ADM Archer-Daniels-Midland Co. 2,570,748 145,452,922 1.52% FRC First Republic Bank 870,484 143,412,239 1.50% MMC Marsh & McLennan Cos., Inc. 1,240,364 142,914,740 1.49% HON Honeywell International, Inc. 691,796 139,984,921 1.46% BWA BorgWarner, Inc. 3,077,000 138,465,000 1.44% CAT Caterpillar, Inc. 640,838 138,344,107 1.44% TXN Texas Instruments, Inc. 802,699 138,280,957 1.44% LIN Linde plc 558,526 136,431,146 1.42% V Visa, Inc. - Class A 602,460 127,956,479 1.33% WY Weyerhaeuser Co. 3,725,803 126,192,948 1.32% HBI Hanesbrands, Inc. 6,982,314 123,517,135 1.29% ABBV AbbVie, Inc. 1,130,119 121,759,021 1.27% PSA Public Storage REIT 515,968 120,705,554 1.26% LHX L3Harris Technologies, Inc. 650,068 118,253,870 1.23% CARR Carrier Global Corp. 3,173,050 115,911,516 1.21% D Dominion Energy, Inc. 1,676,664 114,549,684 1.19% JPM JPMorgan Chase & Co. 772,950 113,755,051 1.19% VZ Verizon Communications, Inc. 2,041,083 112,871,890 1.18% SHW Sherwin-Williams Co. (The) 156,352 106,372,520 1.11% ORLY O'Reilly Automotive, Inc. 213,449 95,482,141 1.00% GILD Gilead Sciences, Inc. 1,479,093 90,816,310 0.95%

Schedule of Investments (continued) Diamond Hill Large Cap Fund February 28, 2021

% of Net Ticker Security Description Shares Market Value Assets DE Deere & Co. 178,713 $62,392,283 0.65% TJX TJX Cos., Inc. (The) 682,883 45,063,449 0.47%

Money Market Funds 3.15% State Street Institutional US Government Money Market Fund - Premier Class 302,014,137 $302,014,137 3.15%

Schedule of Investments Diamond Hill Large Cap Fund January 31, 2021

Net Assets: $ 8,270,339,923

% of Net Ticker Security Description Shares Market Value Assets AIG American International Group, Inc. 9,158,545 $342,895,925 4.15% ABT Abbott Laboratories 2,739,498 338,574,558 4.09% BRK/B Berkshire Hathaway, Inc. - Class B 1,217,148 277,351,515 3.35% DIS Walt Disney Co. (The) 1,496,022 251,586,020 3.04% BAC Bank of America Corp. 7,932,296 235,192,576 2.84% KKR KKR & Co., Inc. 5,949,619 231,737,660 2.80% PEP PepsiCo, Inc. 1,696,310 231,665,057 2.80% MDLZ Mondelez International, Inc. - Class A 4,172,733 231,336,318 2.80% PG Procter & Gamble Co. (The) 1,736,918 222,690,257 2.69% MDT Medtronic plc 1,940,916 216,082,178 2.61% NVR NVR, Inc. 47,801 212,546,190 2.57% GM General Motors Co. 4,135,913 209,608,071 2.53% SCHW Charles Schwab Corp. (The) 3,614,498 186,291,227 2.25% CVX Chevron Corp. 2,080,312 177,242,582 2.14% PFE Pfizer, Inc. 4,935,018 177,167,146 2.14% CTSH Cognizant Technology Solutions Corp. - Class A 2,106,125 164,172,444 1.99% FIS Fidelity National Information Services, Inc. 1,293,507 159,696,374 1.93% BKNG Booking Holdings, Inc. 81,975 159,386,452 1.93% VFC VF Corp. 2,032,499 156,238,198 1.89% TJX TJX Cos., Inc. (The) 2,429,236 155,568,273 1.88% PH Parker-Hannifin Corp. 584,032 154,540,707 1.87% HIG Hartford Financial Services Group, Inc. (The) 3,178,004 152,607,752 1.85% KMB Kimberly-Clark Corp. 1,154,971 152,571,669 1.84% HUM Humana, Inc. 384,476 147,296,600 1.78% CHTR Charter Communications, Inc. - Class A 240,172 145,918,900 1.76% TFC Truist Financial Corp. 2,992,148 143,563,261 1.74% MS Morgan Stanley 2,119,018 142,080,157 1.72% BWA BorgWarner, Inc. 3,235,006 135,837,902 1.64% MET MetLife, Inc. 2,693,479 129,691,014 1.57% CMCSA Comcast Corp. - Class A 2,608,773 129,316,878 1.56% MMC Marsh & McLennan Cos., Inc. 1,171,114 128,717,140 1.56% FRC First Republic Bank 870,484 126,211,475 1.53% TXN Texas Instruments, Inc. 747,284 123,817,486 1.50% ADM Archer-Daniels-Midland Co. 2,369,913 118,519,349 1.43% HON Honeywell International, Inc. 601,646 117,543,579 1.42% LIN Linde plc 476,451 116,921,075 1.41% WY Weyerhaeuser Co. 3,725,803 116,207,796 1.41% JPM JPMorgan Chase & Co. 842,395 108,390,965 1.31% HBI Hanesbrands, Inc. 6,982,314 106,759,581 1.29% CAT Caterpillar, Inc. 581,413 106,305,553 1.29% PSA Public Storage REIT 466,523 106,189,965 1.28% CARR Carrier Global Corp. 2,589,830 99,708,455 1.21% ABBV AbbVie, Inc. 959,294 98,308,449 1.19% V Visa, Inc. - Class A 507,584 98,090,608 1.19% LHX L3Harris Technologies, Inc. 538,573 92,370,655 1.12% ORLY O'Reilly Automotive, Inc. 213,449 90,816,146 1.10% SHW Sherwin-Williams Co. (The) 124,587 86,189,287 1.04% D Dominion Energy, Inc. 1,166,301 85,011,680 1.03% FB Facebook, Inc. - Class A 325,035 83,966,292 1.02% GILD Gilead Sciences, Inc. 1,251,798 82,117,949 0.99%

Schedule of Investments (continued) Diamond Hill Large Cap Fund January 31, 2021

% of Net Ticker Security Description Shares Market Value Assets DE Deere & Co. 178,713 $51,612,314 0.62% VZ Verizon Communications, Inc. 753,084 41,231,349 0.50%

Money Market Funds 3.83% State Street Institutional US Government Money Market Fund - Premier Class 316,627,503 $316,627,503 3.83%

Diamond Hill Large Cap Fund Schedule of Investments December 31, 2020

Fair Shares Value Common Stocks — 96.4% Communication Services — 7.8% Charter Communications, Inc., Class A (a) 226,562 $ 149,882,091 Comcast Corp., Class A 2,608,773 136,699,705 Facebook, Inc., Class A (a) 325,035 88,786,561 Walt Disney Co. (The) (a) 1,496,022 271,049,266 646,417,623 Consumer Discretionary — 14.9% Booking Holdings, Inc. (a) 81,975 182,580,458 BorgWarner, Inc. 3,704,607 143,146,015 General Motors Co. 4,221,224 175,771,767 Hanesbrands, Inc. 6,982,314 101,802,138 NVR, Inc. (a) 47,801 195,021,388 O’Reilly Automotive, Inc. (a) 213,449 96,600,614 TJX Cos., Inc. (The) 2,429,236 165,892,526 VF Corp. 2,032,499 173,595,740 1,234,410,646 Consumer Staples — 12.6% Archer-Daniels-Midland Co. 2,369,913 119,467,314 Kimberly-Clark Corp. 1,154,971 155,724,740 Mondelēz International, Inc., Class A 4,172,733 243,979,699 PepsiCo, Inc. 1,636,748 242,729,728 Philip Morris International, Inc. 532,995 44,126,656 Procter & Gamble Co. (The) 1,736,918 241,674,771 1,047,702,908 Energy — 2.1% Chevron Corp. 2,080,312 175,682,348

Financials — 27.0% American International Group, Inc. 8,936,853 338,349,255 Bank of America Corp. 7,524,833 228,077,688 Berkshire Hathaway, Inc., Class B (a) 1,180,618 273,749,896 Charles Schwab Corp. (The) 4,193,082 222,401,069 First Republic Bank 924,108 135,779,188 Hartford Financial Services Group, Inc. (The) 3,178,004 155,658,636 JPMorgan Chase & Co. 903,021 114,746,878 KKR & Co., Inc. 5,736,476 232,269,913 Diamond Hill Large Cap Fund Schedule of Investments (Continued) December 31, 2020

Fair Shares Value Common Stocks — 96.4% continued Financials — 27.0% continued Marsh & McLennan Cos., Inc. 1,094,889 $ 128,102,013 MetLife, Inc. 2,693,479 126,458,839 Morgan Stanley 2,119,018 145,216,304 Truist Financial Corp. 2,992,148 143,413,654 2,244,223,333 Health Care — 11.5% Abbott Laboratories 3,023,391 331,031,081 Gilead Sciences, Inc. 1,251,798 72,929,752 Humana, Inc. 384,476 157,738,969 Medtronic plc 1,940,916 227,358,900 Pfizer, Inc. 4,514,888 166,193,027 955,251,729 Industrials — 7.8% Carrier Global Corp. 2,750,513 103,749,350 Caterpillar, Inc. 581,413 105,828,794 Deere & Co. 178,713 48,082,733 Honeywell International, Inc. 601,646 127,970,104 L3Harris Technologies, Inc. 538,573 101,801,068 Parker-Hannifin Corp. 584,032 159,096,157 646,528,206 Information Technology — 6.6% Cognizant Technology Solutions Corp., Class A 1,997,883 163,726,512 Fidelity National Information Services, Inc. 1,073,957 151,921,957 Texas Instruments, Inc. 817,163 134,120,963 Visa, Inc., Class A (b) 465,379 101,792,349 551,561,781 Materials — 2.6% Linde plc 476,451 125,549,603 Sherwin-Williams Co. (The) 124,587 91,560,232 217,109,835 Real Estate — 2.5% Public Storage REIT 407,891 94,194,269 Weyerhaeuser Co. 3,460,362 116,025,938 210,220,207

Fair Shares Value Utilities — 1.0% Dominion Energy, Inc. 1,095,183 $ 82,357,762

Total Common Stocks (Cost $5,611,885,913) $ 8,011,466,378

Registered Investment Companies — 3.5% State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c) 287,882,356 287,882,356

Total Registered Investment Companies (Cost $287,882,356) $ 287,882,356

Total Investment Securities — 99.9% (Cost $5,899,768,269) $ 8,299,348,734

Other Assets in Excess of Liabilities — 0.1% 12,417,030

Net Assets — 100.0% $ 8,311,765,764

(a) Non-income producing security. (b) All or a portion of the security is on loan. The total fair value of the securities on loan as of December 31, 2020 was $101,354,889. (c) The rate shown is the 7-day effective yield as of December 31, 2020. plc — Public Limited Company REIT — Real Estate Investment Trust

Schedule of Investments Diamond Hill Large Cap Fund November 30, 2020

Net Assets: $ 8,016,420,163

% of Net Ticker Security Description Shares Market Value Assets ABT Abbott Laboratories 3,023,391 $327,191,374 4.08% AIG American International Group, Inc. 8,509,658 327,111,254 4.08% BRK/B Berkshire Hathaway, Inc. - Class B 1,145,247 262,158,491 3.27% MDLZ Mondelez International, Inc. - Class A 4,172,733 239,723,511 2.99% PEP PepsiCo, Inc. 1,636,748 236,068,164 2.95% PG Procter & Gamble Co. (The) 1,618,726 224,792,480 2.80% DIS Walt Disney Co. (The) 1,496,022 221,426,216 2.76% KKR KKR & Co., Inc. 5,736,476 217,584,535 2.72% SCHW Charles Schwab Corp. (The) 4,434,080 216,294,422 2.70% MDT Medtronic plc 1,868,581 212,457,660 2.65% BAC Bank of America Corp. 7,524,833 211,899,297 2.64% CVX Chevron Corp. 2,080,312 181,361,600 2.26% GM General Motors Co. 4,023,800 176,403,392 2.20% PFE Pfizer, Inc. 4,514,888 172,965,359 2.16% VFC VF Corp. 2,032,499 169,510,417 2.12% BKNG Booking Holdings, Inc. 81,975 166,282,189 2.08% TJX TJX Cos., Inc. (The) 2,604,204 165,392,996 2.06% NVR NVR, Inc. 40,614 162,341,468 2.03% CTSH Cognizant Technology Solutions Corp. - Class A 1,997,883 156,094,599 1.95% PH Parker-Hannifin Corp. 584,032 156,088,392 1.95% KMB Kimberly-Clark Corp. 1,095,391 152,598,920 1.90% FIS Fidelity National Information Services, Inc. 1,018,052 151,089,097 1.89% CHTR Charter Communications, Inc. - Class A 226,562 147,716,158 1.84% HUM Humana, Inc. 364,276 145,899,824 1.82% BWA BorgWarner, Inc. 3,704,607 143,923,982 1.80% HIG Hartford Financial Services Group, Inc. (The) 3,178,004 140,467,777 1.75% TFC Truist Financial Corp. 2,992,148 138,895,510 1.73% TXN Texas Instruments, Inc. 817,163 131,767,534 1.64% CMCSA Comcast Corp. - Class A 2,608,773 131,064,756 1.64% MS Morgan Stanley 2,119,018 131,018,883 1.64% MET MetLife, Inc. 2,693,479 124,357,925 1.55% HON Honeywell International, Inc. 601,646 122,687,652 1.53% LIN Linde plc 476,451 122,171,565 1.52% FRC First Republic Bank 924,108 119,727,432 1.49% ADM Archer-Daniels-Midland Co. 2,369,913 117,950,570 1.47% MMC Marsh & McLennan Cos., Inc. 1,023,236 117,303,775 1.46% JPM JPMorgan Chase & Co. 903,021 106,448,115 1.33% CARR Carrier Global Corp. 2,750,513 104,712,030 1.31% LHX L3Harris Technologies, Inc. 538,573 103,400,630 1.29% CAT Caterpillar, Inc. 581,413 100,927,483 1.26% WY Weyerhaeuser Co. 3,460,362 100,488,912 1.25% HBI Hanesbrands, Inc. 6,982,314 99,148,859 1.24% V Visa, Inc. - Class A 465,379 97,892,473 1.22% SHW Sherwin-Williams Co. (The) 124,587 93,144,979 1.16% PSA Public Storage REIT 407,891 91,555,214 1.14% FB Facebook, Inc. - Class A 325,035 90,024,944 1.12% ORLY O'Reilly Automotive, Inc. 198,605 87,870,796 1.10% D Dominion Energy, Inc. 1,030,083 80,851,215 1.01% GILD Gilead Sciences, Inc. 1,251,798 75,946,585 0.95% GOOGL Alphabet, Inc. - Class A 33,935 59,535,564 0.74%

Schedule of Investments (continued) Diamond Hill Large Cap Fund November 30, 2020

% of Net Ticker Security Description Shares Market Value Assets DE Deere & Co. 178,713 $46,754,895 0.58% PM Philip Morris International, Inc. 532,995 40,374,371 0.50%

Money Market Funds 3.44% State Street Institutional US Government Money Market Fund - Premier Class 275,949,376 $275,949,376 3.44%

Schedule of Investments Diamond Hill Large Cap Fund October 31, 2020

Net Assets: $ 6,879,918,762

% of Net Ticker Security Description Shares Market Value Assets ABT Abbott Laboratories 2,800,402 $294,350,254 4.28% AIG American International Group, Inc. 8,655,809 272,571,426 3.96% BRK/B Berkshire Hathaway, Inc. - Class B 1,215,648 245,439,331 3.57% PG Procter & Gamble Co. (The) 1,615,463 221,479,977 3.22% SCHW Charles Schwab Corp. (The) 5,076,011 208,674,812 3.03% PEP PepsiCo, Inc. 1,525,183 203,291,642 2.96% MDLZ Mondelez International, Inc. - Class A 3,599,098 191,184,086 2.78% KKR KKR & Co., Inc. 5,525,368 188,691,317 2.74% DIS Walt Disney Co. (The) 1,550,377 187,983,211 2.73% MDT Medtronic plc 1,796,821 180,706,288 2.63% GM General Motors Co. 4,665,110 161,086,248 2.34% NVR NVR, Inc. 39,461 155,992,885 2.27% PFE Pfizer, Inc. 4,325,038 153,452,348 2.23% PH Parker-Hannifin Corp. 698,043 145,444,240 2.11% CTSH Cognizant Technology Solutions Corp. - Class A 1,997,883 142,688,804 2.07% BAC Bank of America Corp. 5,963,706 141,339,832 2.05% CHTR Charter Communications, Inc. - Class A 226,562 136,802,667 1.99% VFC VF Corp. 2,032,499 136,583,933 1.99% BKNG Booking Holdings, Inc. 81,975 133,004,438 1.93% TJX TJX Cos., Inc. (The) 2,604,204 132,293,563 1.92% CVX Chevron Corp. 1,902,742 132,240,569 1.92% HUM Humana, Inc. 326,701 130,445,175 1.90% KMB Kimberly-Clark Corp. 983,046 130,342,069 1.90% FIS Fidelity National Information Services, Inc. 1,017,836 126,812,187 1.84% BWA BorgWarner, Inc. 3,495,593 122,275,843 1.78% TXN Texas Instruments, Inc. 817,163 118,153,598 1.72% FRC First Republic Bank 924,108 116,566,983 1.69% CMCSA Comcast Corp. - Class A 2,608,773 110,194,572 1.60% ADM Archer-Daniels-Midland Co. 2,369,913 109,584,777 1.59% HON Honeywell International, Inc. 661,141 109,055,208 1.59% TFC Truist Financial Corp. 2,570,218 108,257,582 1.57% HIG Hartford Financial Services Group, Inc. (The) 2,797,136 107,745,679 1.57% LIN Linde plc 476,451 104,981,213 1.53% MS Morgan Stanley 2,119,018 102,030,717 1.48% MET MetLife, Inc. 2,693,479 101,948,180 1.48% MMC Marsh & McLennan Cos., Inc. 959,754 99,296,149 1.44% HBI Hanesbrands, Inc. 6,046,011 97,159,397 1.41% GOOGL Alphabet, Inc. - Class A 58,640 94,768,690 1.38% PSA Public Storage REIT 407,891 93,435,591 1.36% CARR Carrier Global Corp. 2,750,513 91,839,629 1.34% CAT Caterpillar, Inc. 581,413 91,310,912 1.33% JPM JPMorgan Chase & Co. 903,021 88,532,179 1.29% LHX L3Harris Technologies, Inc. 538,573 86,769,496 1.26% SHW Sherwin-Williams Co. (The) 124,587 85,713,364 1.25% FB Facebook, Inc. - Class A 325,035 85,519,959 1.24% V Visa, Inc. - Class A 465,379 84,564,018 1.23% ORLY O'Reilly Automotive, Inc. 180,930 78,994,038 1.15% WY Weyerhaeuser Co. 2,783,166 75,952,600 1.10% GILD Gilead Sciences, Inc. 1,251,798 72,792,054 1.06% PM Philip Morris International, Inc. 826,435 58,693,414 0.85%

Schedule of Investments (continued) Diamond Hill Large Cap Fund October 31, 2020

% of Net Ticker Security Description Shares Market Value Assets DE Deere & Co. 178,713 $40,373,054 0.59% D Dominion Energy, Inc. 455,998 36,634,879 0.53%

Money Market Funds 2.69% State Street Institutional US Government Money Market Fund - Premier Class 185,255,967 $185,255,967 2.69%

Diamond Hill Large Cap Fund Schedule of Investments September 30, 2020 (Unaudited)

Common Stocks - 97.8% Shares Fair Value Communication Services - 9.1% Alphabet, Inc., Class A (a) 58,640 $ 85,942,784 Charter Communications, Inc., Class A (a) 226,562 141,451,719 Comcast Corp., Class A 2,608,773 120,681,839 Facebook, Inc., Class A (a) 325,035 85,126,666 Walt Disney Co. (The) 1,550,377 192,370,778 625,573,786 Consumer Discretionary - 15.0% Booking Holdings, Inc. (a) 75,140 128,540,495 BorgWarner, Inc. 3,495,593 135,419,273 General Motors Co. 4,665,110 138,040,605 Hanesbrands, Inc. (b) 6,046,011 95,224,673 NVR, Inc. (a) 39,461 161,123,998 O'Reilly Automotive, Inc. (a) 159,300 73,450,044 TJX Cos., Inc. (The) 2,604,204 144,923,953 VF Corp. 2,217,409 155,772,982 1,032,496,023 Consumer Staples - 14.0% Archer-Daniels-Midland Co. 2,369,913 110,177,255 Kimberly-Clark Corp. 983,046 145,156,572 Mondelēz International, Inc., Class A 3,599,098 206,768,180 PepsiCo, Inc. 1,525,183 211,390,364 Philip Morris International, Inc. 826,435 61,974,361 Procter & Gamble Co. (The) 1,615,463 224,533,202 959,999,934 Energy - 1.9% Chevron Corp. 1,803,992 129,887,424

Financials - 24.3% American International Group, Inc. 8,655,809 238,294,422 Berkshire Hathaway, Inc., Class B (a) 1,215,648 258,860,085 Charles Schwab Corp. (The) 5,076,011 183,903,879 Citigroup, Inc. 4,569,001 196,969,633 First Republic Bank 924,108 100,783,218 Hartford Financial Services Group, Inc. (The) 2,797,136 103,102,433 JPMorgan Chase & Co. 903,021 86,933,832 Diamond Hill Large Cap Fund Schedule of Investments (Continued)

Common Stocks - 97.8% (Continued) Shares Fair Value Financials - 24.3% (Continued) KKR & Co., Inc. 5,525,368 $ 189,741,137 Marsh & McLennan Cos., Inc. 864,914 99,205,636 MetLife, Inc. 3,254,872 120,983,592 Morgan Stanley 1,973,223 95,405,332 1,674,183,199 Health Care - 12.6% Abbott Laboratories 2,800,402 304,767,750 Gilead Sciences, Inc. 1,251,798 79,101,116 Humana, Inc. 326,701 135,218,277 Medtronic plc 1,796,821 186,725,638 Pfizer, Inc. 4,325,038 158,728,895 864,541,676 Industrials - 8.1% Carrier Global Corp. 3,044,813 92,988,589 Caterpillar, Inc. 581,413 86,717,749 Deere & Co. 178,713 39,608,162 Honeywell International, Inc. 661,141 108,830,420 L3Harris Technologies, Inc. 492,443 83,636,519 Parker-Hannifin Corp. 730,163 147,741,181 559,522,620 Information Technology - 7.1% Cognizant Technology Solutions Corp., Class A 1,997,883 138,693,038 Fidelity National Information Services, Inc. 963,811 141,882,617 Texas Instruments, Inc. 817,163 116,682,705 Visa, Inc., Class A (b) 465,379 93,061,839 490,320,199 Materials - 2.9% Linde plc 476,451 113,457,277 Sherwin-Williams Co. (The) 124,587 86,804,746 200,262,023 Real Estate - 2.3% Public Storage REIT 407,891 90,845,484 Weyerhaeuser Co. 2,424,453 69,145,400 159,990,884 Utilities - 0.5% Dominion Energy, Inc. 455,998 35,991,922

Total Common Stocks (Cost $5,288,774,756) $ 6,732,769,690 Diamond Hill Large Cap Fund Schedule of Investments (Continued)

Registered Investment Companies - 2.5% Shares Fair Value State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c) 164,136,995 $ 164,136,995 State Street Navigator Securities Lending Portfolio I, 0.08% (c)(d) 5,704,733 5,704,733 Total Registered Investment Companies (Cost $169,841,728) $ 169,841,728

Total Investment Securities - 100.3% (Cost $5,458,616,484) $ 6,902,611,418

Liabilities in Excess of Other Assets - (0.3)% (22,712,963)

Net Assets - 100.0% $ 6,879,898,455

(a) Non-income producing security. (b) All or a portion of the security is on loan. The total fair value of the securities on loan as of September 30, 2020 was $98,359,572. (c) The rate shown is the 7-day effective yield as of September 30, 2020. (d) This security was purchased with cash collateral held from securities on loan. plc - Public Limited Company REIT - Real Estate Investment Trust

Schedule of Investments Diamond Hill Large Cap Fund August 31, 2020

Net Assets: $ 7,033,623,339

% of Net Ticker Security Description Shares Market Value Assets ABT Abbott Laboratories 2,800,402 $306,560,007 4.36% BRK/B Berkshire Hathaway, Inc. - Class B 1,215,648 265,059,890 3.77% AIG American International Group, Inc. 8,397,574 244,705,306 3.48% C Citigroup, Inc. 4,770,076 243,846,285 3.47% PG Procter & Gamble Co. (The) 1,615,463 223,466,997 3.18% PEP PepsiCo, Inc. 1,525,183 213,617,131 3.04% MDLZ Mondelez International, Inc. - Class A 3,599,098 210,259,305 2.99% DIS Walt Disney Co. (The) 1,550,377 204,448,215 2.91% KKR KKR & Co., Inc. 5,525,368 197,918,682 2.81% MDT Medtronic plc 1,796,821 193,104,353 2.75% NVR NVR, Inc. 39,461 164,486,865 2.34% PFE Pfizer, Inc. 4,325,038 163,443,186 2.32% SCHW Charles Schwab Corp. (The) 4,587,018 162,976,749 2.32% KMB Kimberly-Clark Corp. 983,046 155,085,337 2.20% CVX Chevron Corp. 1,803,992 151,409,049 2.15% PH Parker-Hannifin Corp. 730,163 150,420,880 2.14% VFC VF Corp. 2,217,409 145,794,642 2.07% FIS Fidelity National Information Services, Inc. 963,811 145,390,889 2.07% BKNG Booking Holdings, Inc. 75,140 143,551,213 2.04% TJX TJX Cos., Inc. (The) 2,604,204 142,684,337 2.03% BWA BorgWarner, Inc. 3,495,593 141,886,120 2.02% CHTR Charter Communications, Inc. - Class A 226,562 139,473,833 1.98% HUM Humana, Inc. 326,701 135,636,454 1.93% MET MetLife, Inc. 3,521,836 135,449,813 1.93% CTSH Cognizant Technology Solutions Corp. - Class A 1,997,883 133,578,457 1.90% GM General Motors Co. 4,417,570 130,892,599 1.86% TXN Texas Instruments, Inc. 885,408 125,860,747 1.79% GOOGL Alphabet, Inc. - Class A 75,364 122,807,899 1.75% LIN Linde plc 476,451 118,988,873 1.69% CMCSA Comcast Corp. - Class A 2,608,773 116,899,118 1.66% HON Honeywell International, Inc. 661,141 109,451,892 1.56% ADM Archer-Daniels-Midland Co. 2,369,913 106,077,306 1.51% FRC First Republic Bank 924,108 104,341,034 1.48% MS Morgan Stanley 1,973,223 103,120,634 1.47% MMC Marsh & McLennan Cos., Inc. 864,914 99,387,268 1.41% V Visa, Inc. - Class A 465,379 98,655,694 1.40% FB Facebook, Inc. - Class A 325,035 95,300,262 1.35% HBI Hanesbrands, Inc. 6,046,011 92,443,508 1.31% CARR Carrier Global Corp. 3,044,813 90,887,668 1.29% JPM JPMorgan Chase & Co. 903,021 90,473,674 1.29% PSA Public Storage REIT 407,891 86,636,048 1.23% SHW Sherwin-Williams Co. (The) 124,587 83,604,106 1.19% GILD Gilead Sciences, Inc. 1,251,798 83,557,516 1.19% HIG Hartford Financial Services Group, Inc. (The) 1,968,463 79,624,328 1.13% ORLY O'Reilly Automotive, Inc. 159,300 74,174,859 1.05% PM Philip Morris International, Inc. 826,435 65,941,249 0.94% WY Weyerhaeuser Co. 1,853,515 56,180,040 0.80% TMO Thermo Fisher Scientific, Inc. 124,394 53,362,538 0.76% DE Deere & Co. 178,713 37,540,453 0.53% CAT Caterpillar, Inc. 237,954 33,863,234 0.48%

Schedule of Investments (continued) Diamond Hill Large Cap Fund August 31, 2020

% of Net Ticker Security Description Shares Market Value Assets D Dominion Energy, Inc. 404,290 $31,712,508 0.45%

Money Market Funds 4.03% State Street Institutional US Government Money Market Fund - Premier Class 283,687,098 $283,687,098 4.03%

Schedule of Investments Diamond Hill Large Cap Fund July 31, 2020

Net Assets: $ 6,678,128,249

% of Net Ticker Security Description Shares Market Value Assets ABT Abbott Laboratories 3,000,586 $301,978,975 4.52% AIG American International Group, Inc. 7,573,742 243,420,068 3.64% BRK/B Berkshire Hathaway, Inc. - Class B 1,215,648 237,999,565 3.56% C Citigroup, Inc. 4,634,039 231,748,290 3.47% PG Procter & Gamble Co. (The) 1,615,463 211,819,509 3.17% MDLZ Mondelez International, Inc. - Class A 3,599,098 199,713,948 2.99% PEP PepsiCo, Inc. 1,448,829 199,445,800 2.99% DIS Walt Disney Co. (The) 1,650,372 192,994,502 2.89% KKR KKR & Co., Inc. 5,322,996 188,274,369 2.82% MDT Medtronic plc 1,796,821 173,357,290 2.60% PFE Pfizer, Inc. 4,325,038 166,427,462 2.49% NVR NVR, Inc. 39,461 155,087,649 2.32% SCHW Charles Schwab Corp. (The) 4,587,018 152,059,647 2.28% CVX Chevron Corp. 1,803,992 151,427,089 2.27% KMB Kimberly-Clark Corp. 983,046 149,462,314 2.24% FB Facebook, Inc. - Class A 588,625 149,316,504 2.24% TJX TJX Cos., Inc. (The) 2,832,351 147,253,929 2.20% GOOGL Alphabet, Inc. - Class A 93,884 139,694,698 2.09% CTSH Cognizant Technology Solutions Corp. - Class A 1,997,883 136,495,367 2.04% FIS Fidelity National Information Services, Inc. 915,006 133,874,528 2.00% VFC VF Corp. 2,217,409 133,842,807 2.00% CHTR Charter Communications, Inc. - Class A 226,562 131,405,960 1.97% PH Parker-Hannifin Corp. 730,163 130,640,764 1.96% HUM Humana, Inc. 326,701 128,213,807 1.92% BWA BorgWarner, Inc. 3,495,593 127,938,704 1.92% MET MetLife, Inc. 3,339,931 126,416,388 1.89% BKNG Booking Holdings, Inc. 75,140 124,892,448 1.87% LIN Linde plc 476,451 116,782,905 1.75% TXN Texas Instruments, Inc. 885,408 112,933,790 1.69% CMCSA Comcast Corp. - Class A 2,608,773 111,655,484 1.67% GM General Motors Co. 4,417,570 109,953,317 1.65% FRC First Republic Bank 924,108 103,943,668 1.56% ADM Archer-Daniels-Midland Co. 2,369,913 101,503,374 1.52% MMC Marsh & McLennan Cos., Inc. 864,914 100,848,972 1.51% TMO Thermo Fisher Scientific, Inc. 241,396 99,925,874 1.50% HON Honeywell International, Inc. 661,141 98,754,631 1.48% MS Morgan Stanley 1,973,223 96,451,140 1.44% V Visa, Inc. - Class A 465,379 88,608,162 1.33% GILD Gilead Sciences, Inc. 1,251,798 87,037,515 1.30% HBI Hanesbrands, Inc. 6,046,011 85,430,135 1.28% HIG Hartford Financial Services Group, Inc. (The) 1,968,463 83,305,354 1.25% CARR Carrier Global Corp. 3,044,813 82,940,706 1.24% PSA Public Storage REIT 407,891 81,529,253 1.22% SHW Sherwin-Williams Co. (The) 124,587 80,722,409 1.21% JPM JPMorgan Chase & Co. 833,251 80,525,377 1.21% ORLY O'Reilly Automotive, Inc. 159,300 76,046,634 1.14% PM Philip Morris International, Inc. 826,435 63,478,472 0.95% MSFT Microsoft Corp. 291,238 59,706,702 0.89% D Dominion Energy, Inc. 206,250 16,712,438 0.25%

Schedule of Investments (continued) Diamond Hill Large Cap Fund July 31, 2020

Money Market Funds 3.37% State Street Institutional US Government Money Market Fund - Premier Class 225,123,618 $225,123,618 3.37%