Diamond Hill Capital's Strategic Moves: HCA Healthcare Inc. Reduced by 1.25%

This article first appeared on GuruFocus.

Insight into Diamond Hill Capital (Trades, Portfolio)'s Fourth Quarter 2025 13F Filing

Warning! GuruFocus has detected 2 Warning Sign with AIG. Is AIG fairly valued? Test your thesis with our free DCF calculator.

Diamond Hill Capital (Trades, Portfolio) recently submitted its 13F filing for the fourth quarter of 2025, offering a glimpse into its strategic investment decisions during this period. Founded in 2000, Diamond Hill Capital (Trades, Portfolio) Management, Inc. is a registered investment adviser headquartered in Columbus, Ohio. The firm is independent and publicly owned, trading on the NASDAQ under the ticker symbol DHIL, and is part of the Russell 2000 Index. Diamond Hill manages a diverse range of equity strategies, including traditional and alternative options, available through various investment vehicles. The firm serves a wide array of clients, including institutions, financial intermediaries, and individuals. Diamond Hill's investment approach is primarily bottom-up, focusing on fundamental analysis of a company's profitability, market position, and management quality, among other factors. The firm also considers industry dynamics and regulatory environments in its top-down analysis, eschewing macroeconomic factors. This comprehensive approach helps Diamond Hill identify promising investment opportunities for deeper analysis.Diamond Hill Capital's Strategic Moves: HCA Healthcare Inc. Reduced by 1.25%

Summary of New Buy

Diamond Hill Capital (Trades, Portfolio) added a total of 13 stocks in the fourth quarter of 2025. The most significant addition was Dover Corp (NYSE:DOV), with 775,831 shares, accounting for 0.78% of the portfolio and a total value of $151.47 million. The second largest addition was Wix.com Ltd (NASDAQ:WIX), consisting of 1,449,820 shares, representing approximately 0.77% of the portfolio, with a total value of $150.62 million. The third largest addition was EQT Corp (NYSE:EQT), with 2,028,501 shares, accounting for 0.56% of the portfolio and a total value of $108.73 million.

Key Position Increases

Diamond Hill Capital (Trades, Portfolio) also increased stakes in a total of 67 stocks. The most notable increase was in The Cooper Companies Inc (NASDAQ:COO), with an additional 2,720,594 shares, bringing the total to 3,287,837 shares. This adjustment represents a significant 479.62% increase in share count, a 1.14% impact on the current portfolio, and a total value of $269.47 million. The second largest increase was in iShares Russell 1000 Value ETF (IWD), with an additional 554,669 shares, bringing the total to 556,903. This adjustment represents a significant 24,828.51% increase in share count, with a total value of $117.14 million.

Story Continues

Summary of Sold Out

Diamond Hill Capital (Trades, Portfolio) completely exited 9 holdings in the fourth quarter of 2025. Notable exits include Caterpillar Inc (NYSE:CAT), where all 458,542 shares were sold, resulting in a -1.04% impact on the portfolio. Another significant exit was Mr. Cooper Group Inc (COOP), with the liquidation of all 667,636 shares, causing a -0.67% impact on the portfolio.

Key Position Reduces

Diamond Hill Capital (Trades, Portfolio) reduced its position in 100 stocks. The most significant change was in HCA Healthcare Inc (NYSE:HCA), with a reduction of 618,170 shares, resulting in a -92.94% decrease in shares and a -1.25% impact on the portfolio. The stock traded at an average price of $464.89 during the quarter and has returned 6.59% over the past 3 months and 7.46% year-to-date. Another notable reduction was in General Motors Co (NYSE:GM), with a decrease of 4,103,036 shares, resulting in a -63.98% reduction in shares and a -1.19% impact on the portfolio. The stock traded at an average price of $70.64 during the quarter and has returned 22.62% over the past 3 months and 3.59% year-to-date.

Portfolio Overview

As of the fourth quarter of 2025, Diamond Hill Capital (Trades, Portfolio)'s portfolio included 190 stocks. The top holdings were 4.74% in American International Group Inc (NYSE:AIG), 3.94% in Berkshire Hathaway Inc (NYSE:BRK.B), 3.32% in Abbott Laboratories (NYSE:ABT), 3.09% in Capital One Financial Corp (NYSE:COF), and 2.93% in Colgate-Palmolive Co (NYSE:CL).

The holdings are mainly concentrated in 11 industries: Financial Services, Industrials, Healthcare, Technology, Consumer Cyclical, Consumer Defensive, Energy, Real Estate, Basic Materials, Communication Services, and Utilities.Diamond Hill Capital's Strategic Moves: HCA Healthcare Inc. Reduced by 1.25%

View Comments