Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Select Strategy”. A copy of the letter can be downloaded here. The Strategy delivered 5.08% (net of fees) in the quarter, while the Russell 3000 Index returned 15.44%, supported by AI-driven investment, strong corporate earnings, and easing geopolitical concerns. Relative performance was pressured by limited exposure to AI beneficiaries, particularly semiconductor and memory...
Why Diamond Hill Capital Sees Long-Term Value in Molina Healthcare (MOH) After Recent Pressure
