Diamond Hill Capital Management Top Picks: United Technologies Corp. (UTX), American International Group Inc. (AIG) & More

In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year.  One of these funds is Ric Dillon’s Diamond Hill Capital, which in its latest 13F filing disclosed an equity portfolio with a total value of about $10.96 billion, up from about $9.92 billion at end of third quarter of 2013. The fund holds a diversified equity portfolio with around 26% invested in the Financial sector, followed by Healthcare in which the fund holds around 14%.

We have picked the five largest holdings from the Diamond Hill Capital’s equity portfolio, in terms of value, as at the end of last year.

United Technologies Corp. (NYSE:UTX) is the first holding in which the fund disclosed a $320.69 million stake. The fund owned about 2.82 million shares by the end of the year, compared to about 2.76 million shares held by the end of third quarter of 2013.

United Technologies Corporation (NYSE:UTX)

United Technologies Corp. (NYSE:UTX) reported full-year 2013 net income attributable to common shareowners of $5.7 billion, up 17% from the prior year. The company provides high technology products and services to the building and aerospace industries.

American International Group Inc. (NYSE:AIG) is the second on the list. Diamond Hill Capital upped its shares in American International Group Inc. (NYSE: AIG) to about 6.02 million, compared to about 5.91 million. The fund disclosed a stake of $307.29 million in the company.

Medtronic Inc. (NYSE:MDT) is represented in the Diamond Hill Capital’s equity portfolio by a $302.61 million stake, which amasses 5.27 million shares. Medtronic Inc. (NYSE:MDT) is the world’s largest independent medical technology company. In January, Medtronic Inc. (NYSE: MDT) announced the relocation of its regional Middle East and Africa (MEA) headquarters to Dubai.

Diamond Hill Capital disclosed the fourth-largest holding in Occidental Petroleum Corp. (NYSE:OXY), which amasses 3.15 million shares, with a reported value of $299.62 million. Occidental Petroleum Corp. (NYSE: OXY) is an oil and gas exploration and production company that operates in the United States, the Middle East, North Africa, and South America.

Citigroup Inc (NYSE:C) comes in as the fifth most valuable holding in the Diamond Hill Capital’s equity portfolio, the position containing 5.70 million shares. The fund’s value of the stake amounts to $297.27 million.

Disclosure: none

Recommended Reading:

Deerfield Management Reports New Stake in KaloBios Pharmaceuticals Inc (KBIO)

Hedge Fund Highlights: Warren Buffett, Bill Ackman & Richard Gerson

Hedge Fund News: Leon Cooperman, Dan Loeb & George Soros

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!