Here’s What Makes Diamond Hill Capital a Great Investment Choice

Diamond Hill Capital, an investment management firm, published its “Diamond Hill Large Cap Fund” first-quarter 2022 investor letter – a copy of which can be downloaded here. During a volatile quarter, Diamond Hill Large Cap Fund held up better than the Russell 1000 Index by a decent margin in Q1. After a strong rebound in 2021, global GDP growth is expected to moderate in 2022. Try to take some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, Diamond Hill Large Cap Fund mentioned Berkshire Hathaway Inc. (NYSE:BRK-A) and explained its insights for the company. Founded in 1839, Berkshire Hathaway Inc. (NYSE:BRK-A) is an Omaha, Nebraska-based multinational conglomerate company with a $613.2 billion market capitalization. Berkshire Hathaway Inc. (NYSE:BRK-A) delivered a -7.41% return since the beginning of the year, while its 12-month returns are down by -0.30%. The stock closed at $417,250.00 per share on July 13, 2022.

Here is what Diamond Hill Large Cap Fund has to say about Berkshire Hathaway Inc. (NYSE:BRK-A) in its Q1 2022 investor letter:

“Diversified holding company Berkshire Hathaway reported strong earnings during the quarter and benefited from continued share repurchases below intrinsic value. The company also announced significant deployments of excess cash during the quarter, including the acquisition of Alleghany and a large increase in its stake in Occidental Petroleum.”

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Our calculations show that Berkshire Hathaway Inc. (NYSE:BRK-A) ranks 14th on our list of the 30 Most Popular Stocks Among Hedge Funds. Berkshire Hathaway Inc. (NYSE:BRK-A) was in 104 hedge fund portfolios at the end of the first quarter of 2022, compared to 108 funds in the previous quarter. Berkshire Hathaway Inc. (NYSE:BRK-A) delivered a -19.73% return in the past 3 months.

In June 2022, we also shared another hedge fund’s views on Berkshire Hathaway Inc. (NYSE:BRK-A) in another article. You can find other investor letters from hedge funds and prominent investors on our hedge fund investor letters 2022 Q1 page.

Disclosure: None. This article is originally published at Insider Monkey.