Diamond Hill Small Cap Fund’s Q4 2021 Investor Letter

Diamond Hill Capital, an investment management firm, published its “Diamond Hill Small Cap Fund” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. The portfolio outpaced the Russell 2000® Index in the quarter, adding to full-year outperformance. Relative performance was aided by our below-benchmark health care exposure, particularly our lack of exposure to biotechnology stocks which were down nearly 13% in the quarter and represent almost half the...