Diamond Hill Small Cap Fund’s Q1 2025 Investor Letter

Diamond Hill Capital, an investment management company, released its “Small Cap Fund” first-quarter 2025 investor letter. In Q1, markets were uneven due to the new presidential administration’s activity, leading to concern about the future. The Russell 3000 Index fell by 4.7% in Q1, the first quarterly loss since Q3 2023. Diamond Hill Small Cap Fund returned -11.56% in Q1, trailing the Russell 2000 Index’s -9.48% return. For more information on the fund’s top picks in 2025, please check its top five holdings.

A copy of Diamond Hill Small Cap Fund’s Q1 2025 investor letter can be downloaded here.