Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Select Strategy.” 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 companies, which generated significant gains...
Diamon Hill Capital Select Strategy’s Q2 2026 Investor Letter
