Diamond Hill Capital Select Strategy’s Q1 2026 Investor Letter

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q1 2026 investor letter for its “Select Strategy”. The Strategy declined 0.52% (net of fees), surpassing the Russell 3000 Index’s 3.96% decline. The performance was driven by stock selection and overweight exposure in industrials, along with an underweight in information technology. Geopolitical developments and changing expectations regarding artificial intelligence (AI) are impacting market dynamics this...