We’re pleased to announce that Rick Snowdon and Austin Hawley of Diamond Hill Capital Management will join GuruFocus for a Q&A in a few weeks. Have questions about their investing philosophies or top holdings? Simply post them in the comments box below.
Snowdon and Hawley manage the Select Fund at Diamond Hill, focusing on long-term capital appreciation by investing in companies priced below intrinsic value. The fund follows a concentrated strategy and invests across a variety of market caps but typically focuses on companies with a capitalization of at least $500 million.
As of the second quarter, the Select Fund’s top five holdings are Willis Group Holdings PLC (WSH, Financial), Twenty-First Century Fox Inc. (FOXA, Financial), Whirlpool Corp. (WHR, Financial), Valeant Pharmaceuticals International (VRX, Financial) and Hub Group Inc. (HUBG, Financial).
Just over 30% of the portfolio is held in financial stocks, followed by 17.6% in consumer discretionary and 15.4% in information technology.
Since its inception in December 2005, the Select Fund has had an average annual return of 8.51%, outperforming the benchmark Russell 3000 Index, which returned 7.27%.
View Diamond Hill’s portfolio here. All questions should be submitted by Friday, Oct. 2.
