Diamond Hill Small Mid Cap Fund Class I (DHMIX) NPORT-P Diamond Hill Mid Cap Fund (Sep 2021 report)

Diamond Hill Small Cap Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 97.3%	Shares		Fair Value
Communication Services - 2.0%
Live Nation Entertainment, Inc. (a)		124,718	$	11,365,551
Consumer Discretionary - 16.5%
Carter's, Inc.		49,663		4,829,230
Green Brick Partners, Inc. (a)		474,466		9,736,042
Hanesbrands, Inc. (b)		541,629		9,294,354
PROG Holdings, Inc.		194,842		8,185,312
Red Rock Resorts, Inc., Class A (a)(b)		683,035		34,985,053
Vail Resorts, Inc. (a)		61,601		20,577,814
Wolverine World Wide, Inc.		201,578		6,015,088
				93,622,893
Consumer Staples - 10.2%
Cal-Maine Foods, Inc. (b)		544,857		19,702,029
Flowers Foods, Inc.		311,485		7,360,391
Lancaster Colony Corp. (b)		6,977		1,177,787
Post Holdings, Inc. (a)		168,299		18,539,818
Seaboard Corp.		2,741		11,238,073
				58,018,098
Energy - 3.1%
Bonanza Creek Energy, Inc. (b)		211,110		10,112,169
Cimarex Energy Co.		86,162		7,513,326
				17,625,495
Financials - 30.0%
Altabancorp		105,206		4,645,897
Bank OZK		661,901		28,448,505
BankUnited, Inc.		125,000		5,227,500
BOK Financial Corp.		149,339		13,373,308
Cadence BanCorp		455,989		10,013,519
Enstar Group Ltd. (a)		72,540		17,027,314
First Interstate BancSystem, Inc., Class A		171,303		6,896,659
First of Long Island Corp. (The)		147,076		3,029,766
Live Oak Bancshares, Inc. (b)		188,281		11,980,320
Mr. Cooper Group, Inc. (a)		336,487		13,853,170
ProAssurance Corp.		640,922		15,241,125
Reinsurance Group of America, Inc.		44,132		4,910,126

Diamond Hill Small Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.3% (Continued)
Financials - 30.0% (Continued)
RenaissanceRe Holdings Ltd. (b)	28,639	$	3,992,277
Sterling Bancorp	1,080,030		26,957,549
Triumph Bancorp, Inc. (a)	50,339		5,040,444
			170,637,479
Health Care - 2.2%
Integer Holdings Corp. (a)	48,983		4,376,141
Natus Medical, Inc. (a)	336,270		8,433,652
			12,809,793
Industrials - 16.6%
Allegiant Travel Co. (a)	56,107		10,967,796
Allied Motion Technologies, Inc.	25,324		792,135
Colfax Corp. (a)(b)	486,060		22,310,154
Concrete Pumping Holdings, Inc. (a)(b)	533,648		4,557,354
Douglas Dynamics, Inc.	190,826		6,926,984
Hyster-Yale Materials Handling, Inc.	30,735		1,544,741
Kirby Corp. (a)	153,852		7,378,742
Sensata Technologies Holding plc (a)	46,185		2,527,243
SPX FLOW, Inc.	158,773		11,606,306
Stericycle, Inc. (a)	122,522		8,327,820
WESCO International, Inc. (a)	150,667		17,374,918
			94,314,193
Information Technology - 4.4%
Broadridge Financial Solutions, Inc.	16,757		2,792,387
Sanmina Corp. (a)	106,895		4,119,733
WNS Holdings Ltd. - ADR (a)	218,864		17,903,075
			24,815,195
Materials - 5.9%
Ashland Global Holdings, Inc. (b)	154,079		13,731,521
Chase Corp.	79,473		8,118,167
Taseko Mines Ltd. (a)(b)	1,999,488		3,779,032
TriMas Corp. (a)	154,117		4,987,226
UFP Technologies, Inc. (a)	46,012		2,833,879
			33,449,825
Real Estate - 4.2%
CubeSmart REIT	274,912		13,319,486
Jones Lang LaSalle, Inc. (a)	14,811		3,674,461
Rayonier, Inc. (b)	192,226		6,858,624
			23,852,571
Utilities - 2.2%
South Jersey Industries, Inc. (b)	309,774		6,585,795

Diamond Hill Small Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.3% (Continued)
Utilities - 2.2% (Continued)
UGI Corp.	140,016	$	5,967,482
			12,553,277
Total Common Stocks (Cost $312,156,132)		$	553,064,370

Registered Investment Companies - 7.8%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c)		15,331,772	$	15,331,772
State Street Navigator Securities Lending Portfolio I, 0.09% (c)(d)		28,928,660		28,928,660
Total Registered Investment Companies (Cost $44,260,432)			$	44,260,432
Total Investment Securities - 105.1% (Cost $356,416,564)			$	597,324,802
Liabilities in Excess of Other Assets - (5.1)%				(28,846,336	)
Net Assets - 100.0%			$	568,478,466

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $41,113,447.

^(c) The rate shown is the 7-day effective yield as of September 30, 2021. 

^(d) This security was purchased with cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $13,473,491.

ADR -	American Depositary Receipt
plc -	Public Limited Company
REIT -	Real Estate Investment Trust

Diamond Hill Small-Mid Cap Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 94.8%	Shares		Fair Value
Communication Services - 1.2%
Liberty Media Corp. - Liberty Formula One - Series C (a)		505,637	$	25,994,798
Consumer Discretionary - 17.8%
Advance Auto Parts, Inc.		83,281		17,396,568
BorgWarner, Inc.		820,640		35,459,854
Hanesbrands, Inc.		2,847,135		48,856,837
NVR, Inc. (a)		10,604		50,836,424
Polaris, Inc. (b)		228,702		27,366,481
PROG Holdings, Inc.		830,297		34,880,777
Red Rock Resorts, Inc., Class A (a)		2,012,461		103,078,252
Vail Resorts, Inc. (a)		129,577		43,285,197
Wolverine World Wide, Inc.		868,692		25,921,769
				387,082,159
Consumer Staples - 8.4%
Cal-Maine Foods, Inc. (b)		1,393,704		50,396,337
Flowers Foods, Inc.		1,315,561		31,086,706
Molson Coors Beverage Co., Class B		236,971		10,990,715
Post Holdings, Inc. (a)		825,057		90,888,279
				183,362,037
Energy - 3.0%
Cimarex Energy Co.		741,902		64,693,854
Financials - 27.2%
Alleghany Corp.(a)		42,258		26,386,318
Bank OZK		1,123,393		48,283,431
BankUnited, Inc.		1,116,410		46,688,266
BOK Financial Corp. (b)		592,353		53,045,211
Brighthouse Financial, Inc. (a)		506,534		22,910,533
Brown & Brown, Inc.		293,683		16,284,722
Cadence BanCorp		682,286		14,983,001
Enstar Group Ltd. (a)		81,212		19,062,893
First Interstate BancSystem, Inc., Class A		555,837		22,377,998
First Republic Bank		185,930		35,862,178
Loews Corp.		551,933		29,765,747
Mr. Cooper Group, Inc. (a)		1,031,706		42,475,336

Diamond Hill Small-Mid Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 94.8% (Continued)	Shares		Fair Value
Financials - 27.2% (Continued)
ProAssurance Corp.		1,045,543	$	24,863,013
Reinsurance Group of America, Inc.		251,716		28,005,922
RenaissanceRe Holdings Ltd.		198,763		27,707,562
Sterling Bancorp		3,343,927		83,464,418
SVB Financial Group (a)		74,111		47,940,924
				590,107,473
Health Care - 1.1%
Boston Scientific Corp. (a)		244,398		10,604,429
Integer Holdings Corp. (a)		160,226		14,314,591
				24,919,020
Industrials - 20.1%
Alaska Air Group, Inc. (a)		198,792		11,649,211
Allegiant Travel Co. (a)		203,968		39,871,665
Colfax Corp. (a)(b)		1,913,881		87,847,138
Gates Industrial Corp. plc (a)		1,697,072		27,611,361
Kirby Corp. (a)		837,340		40,158,826
Sensata Technologies Holding plc (a)		1,068,950		58,492,944
SPX FLOW, Inc.		334,419		24,446,029
Stericycle, Inc. (a)		471,497		32,047,651
WESCO International, Inc. (a)		987,996		113,935,699
				436,060,524
Information Technology - 3.6%
Avnet, Inc.		238,335		8,811,245
Broadridge Financial Solutions, Inc.		65,435		10,904,088
Sanmina Corp. (a)		667,685		25,732,580
WNS Holdings Ltd. - ADR (a)		387,310		31,681,958
				77,129,871
Materials - 1.8%
Ashland Global Holdings, Inc. (b)		448,995		40,014,434
Real Estate - 6.8%
CubeSmart REIT		1,525,381		73,904,710
Douglas Emmett, Inc.		680,993		21,526,189
Jones Lang LaSalle, Inc. (a)		65,694		16,298,025
Rayonier, Inc.		684,873		24,436,269

Diamond Hill Small-Mid Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 94.8% (Continued)	Shares		Fair Value
Real Estate - 6.8% (Continued)
UDR, Inc.		212,729	$	11,270,382
				147,435,575
Utilities - 3.8%
South Jersey Industries, Inc. (b)		1,327,529		28,223,267
UGI Corp.		1,257,626		53,600,020
				81,823,287
Total Common Stocks (Cost $1,392,095,842)			$	2,058,623,032

Registered Investment Companies - 8.6%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund, Class Y (c)		2,692,873	$	27,413,449
State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (d)		88,788,387		88,788,387
State Street Navigator Securities Lending Portfolio I, 0.09% (d)(e)		70,148,590		70,148,590
Total Registered Investment Companies (Cost $186,009,962)			$	186,350,426
Total Investment Securities - 103.4% (Cost $1,578,105,804)			$	2,244,973,458
Liabilities in Excess of Other Assets - (3.4)%				(72,997,976	)
Net Assets - 100.0%			$	2,171,975,482

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $110,261,739.

^(c) Affiliated Fund.

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2020	$	26,643,319
Purchases		559,063
Change in Unrealized Appreciation (Depreciation)		211,067
Value, September 30, 2021	$	27,413,449
Income Distributions	$	559,063

^(d) The rate shown is the 7-day effective yield as of September 30, 2021. 

^(e) This security was purchased with cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $44,287,887.

ADR -	American Depositary Receipt
plc -	Public Limited Company
REIT -	Real Estate Investment Trust

Diamond Hill Mid Cap Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 95.3%	Shares		Fair Value
Communication Services - 1.2%
Liberty Media Corp. - Liberty Formula One - Series C (a)		61,882	$	3,181,354
Consumer Discretionary - 16.7%
Advance Auto Parts, Inc.		11,184		2,336,226
BorgWarner, Inc.		106,576		4,605,149
Hanesbrands, Inc.		309,486		5,310,780
NVR, Inc. (a)		1,308		6,270,657
Polaris, Inc.		20,986		2,511,185
PROG Holdings, Inc.		73,723		3,097,103
Red Rock Resorts, Inc., Class A (a)		251,150		12,863,903
Vail Resorts, Inc. (a)		16,096		5,376,869
VF Corp.		52,612		3,524,478
				45,896,350
Consumer Staples - 8.0%
Archer-Daniels-Midland Co.		102,137		6,129,241
Flowers Foods, Inc.		115,373		2,726,264
Molson Coors Beverage Co., Class B		47,531		2,204,488
Post Holdings, Inc. (a)		99,454		10,955,853
				22,015,846
Energy - 2.3%
Cimarex Energy Co.		71,483		6,233,318
Financials - 28.0%
Alleghany Corp. (a)		4,846		3,025,891
American International Group, Inc.		128,790		7,069,283
Bank OZK		116,489		5,006,697
BankUnited, Inc.		102,620		4,291,568
BOK Financial Corp.		40,851		3,658,207
Brighthouse Financial, Inc. (a)		67,910		3,071,569
Discover Financial Services		15,810		1,942,259
Enstar Group Ltd. (a)		8,758		2,055,765
First Republic Bank		42,554		8,207,816
Hartford Financial Services Group, Inc. (The)		71,773		5,042,053
Loews Corp.		101,188		5,457,069
Mr. Cooper Group, Inc. (a)		91,954		3,785,746

Diamond Hill Mid Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 95.3% (Continued)	Shares		Fair Value
Financials - 28.0% (Continued)
Reinsurance Group of America, Inc.		15,609	$	1,736,657
RenaissanceRe Holdings Ltd.		16,077		2,241,134
Sterling Bancorp		307,099		7,665,191
SVB Financial Group (a)		13,863		8,967,697
Willis Towers Watson plc		16,266		3,781,194
				77,005,796
Health Care - 1.8%
Boston Scientific Corp. (a)		111,303		4,829,437
Industrials - 16.4%
Alaska Air Group, Inc. (a)		74,772		4,381,639
Colfax Corp. (a)		241,118		11,067,316
Kirby Corp. (a)		98,452		4,721,758
Parker-Hannifin Corp.		21,614		6,043,707
Sensata Technologies Holding plc (a)		112,903		6,178,052
Stericycle, Inc. (a)		61,429		4,175,329
WESCO International, Inc. (a)		73,247		8,446,844
				45,014,645
Information Technology - 5.7%
Avnet, Inc.		32,720		1,209,658
Check Point Software Technologies Ltd. (a)		69,934		7,905,339
Cognizant Technology Solutions Corp., Class A		52,503		3,896,248
NXP Semiconductors NV		13,549		2,653,843
				15,665,088
Materials - 4.1%
Ashland Global Holdings, Inc.		62,880		5,603,866
Freeport-McMoRan, Inc.		177,727		5,781,459
				11,385,325
Real Estate - 7.5%
CubeSmart REIT		185,828		9,003,367
Douglas Emmett, Inc.		92,102		2,911,344
Jones Lang LaSalle, Inc. (a)		8,561		2,123,898
Rayonier, Inc.		45,162		1,611,380
UDR, Inc.		28,488		1,509,294

Diamond Hill Mid Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 95.3% (Continued)	Shares		Fair Value
Real Estate - 7.5% (Continued)
Weyerhaeuser Co. (a)		100,004	$	3,557,142
				20,716,425
Utilities - 3.6%
South Jersey Industries, Inc.		148,950		3,166,677
UGI Corp.		159,361		6,791,966
				9,958,643
Total Common Stocks (Cost $171,544,093)			$	261,902,227

Registered Investment Companies - 4.6%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund, Class Y (b)		164,410	$	1,673,695
State Street Institutional US Government Money Market Fund, Premier Class,  0.03% (c)		11,032,659		11,032,659
Total Registered Investment Companies (Cost $12,689,834)			$	12,706,354
Total Investment Securities - 99.9% (Cost $184,233,927)			$	274,608,581
Other Assets in Excess of Liabilities - 0.1%				137,256
Net Assets - 100.0%			$	274,745,837

^(a) Non-income producing security.

^(b) Affiliated Fund.

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2020	$	1,626,675
Purchases		34,133
Change in Unrealized Appreciation (Depreciation)		12,887
Value, September 30, 2021	$	1,673,695
Income Distributions	$	34,133

^(c) The rate shown is the 7-day effective yield as of September 30, 2021. 

plc -	Public Limited Company
REIT -	Real Estate Investment Trust
NV -	Naamloze Vennootschap

Diamond Hill Large Cap Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 97.8%	Shares		Fair Value
Communication Services - 10.5%
Charter Communications, Inc., Class A (a)(b)		246,358	$	179,240,227
Comcast Corp., Class A		3,086,440		172,624,589
Facebook, Inc., Class A (b)		854,774		290,101,748
Verizon Communications, Inc.		2,409,691		130,147,411
Walt Disney Co. (The) (b)		2,020,470		341,802,910
Zynga, Inc., Class A (b)		10,722,349		80,739,288
				1,194,656,173
Consumer Discretionary - 12.8%
Booking Holdings, Inc. (b)		84,924		201,598,536
BorgWarner, Inc.		3,057,576		132,117,859
General Motors Co. (b)		5,706,268		300,777,386
Hanesbrands, Inc.		7,485,492		128,451,043
Home Depot, Inc. (The)		689,280		226,263,053
NVR, Inc. (b)		56,066		268,784,889
VF Corp.		3,015,300		201,994,947
				1,459,987,713
Consumer Staples - 9.5%
Archer-Daniels-Midland Co.		2,819,829		169,217,938
Mondelēz International, Inc., Class A		5,002,373		291,038,061
PepsiCo, Inc.		2,060,992		309,993,807
Procter & Gamble Co. (The)		2,250,701		314,648,000
				1,084,897,806
Energy - 2.5%
Chevron Corp.		2,782,113		282,245,364
Financials - 25.8%
American International Group, Inc.		9,779,851		536,816,021
Bank of America Corp.		8,389,923		356,152,231
Berkshire Hathaway, Inc., Class B (b)		1,367,167		373,154,561
Charles Schwab Corp. (The)		2,617,349		190,647,701
First Republic Bank		926,880		178,776,614
Hartford Financial Services Group, Inc. (The)		3,460,102		243,072,166
KKR & Co., Inc.		5,461,620		332,503,426
Marsh & McLennan Cos., Inc.		1,098,472		166,341,615
MetLife, Inc.		460,565		28,430,677

Diamond Hill Large Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.8% (Continued)	Shares		Fair Value
Financials - 25.8% (Continued)
Morgan Stanley		171,192	$	16,658,694
Nasdaq, Inc.		601,724		116,144,766
Truist Financial Corp.		4,589,896		269,197,400
Wells Fargo & Co.		2,713,641		125,940,079
				2,933,835,951
Health Care - 12.6%
Abbott Laboratories		3,353,940		396,200,932
AbbVie, Inc.		1,222,418		131,862,230
Gilead Sciences, Inc.		1,469,756		102,662,457
Humana, Inc.		640,693		249,325,681
Medtronic plc		2,501,897		313,612,789
Pfizer, Inc.		5,501,619		236,624,633
				1,430,288,722
Industrials - 7.8%
Carrier Global Corp.		2,637,504		136,517,207
Caterpillar, Inc.		750,213		144,018,390
Deere & Co.		367,845		123,253,824
Honeywell International, Inc.		612,811		130,087,519
L3Harris Technologies, Inc.		645,964		142,267,111
Parker-Hannifin Corp.		749,936		209,697,104
				885,841,155
Information Technology - 6.8%
Cognizant Technology Solutions Corp., Class A		3,288,192		244,016,728
Fidelity National Information Services, Inc.		1,911,880		232,637,558
Texas Instruments, Inc.		783,124		150,524,264
Visa, Inc., Class A (a)		659,297		146,858,407
				774,036,957
Materials - 4.7%
Freeport-McMoRan, Inc.		7,313,487		237,907,732
Linde plc		591,073		173,408,997
Sherwin-Williams Co. (The)		466,095		130,380,754
				541,697,483
Real Estate - 3.6%
Public Storage REIT		463,898		137,824,096
SBA Communications Corp.		278,250		91,981,103

Diamond Hill Large Cap Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.8% (Continued)	Shares		Fair Value
Real Estate - 3.6% (Continued)
Weyerhaeuser Co. (b)		5,046,312	$	179,497,318
				409,302,517
Utilities - 1.2%
Dominion Energy, Inc.		1,925,663		140,611,912
Total Common Stocks (Cost $8,090,545,261)			$	11,137,401,753

Registered Investment Companies - 2.2%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c) (Cost $250,612,739)		250,612,739	$	250,612,739
Total Investment Securities - 100.0% (Cost $8,341,158,000)			$	11,388,014,492
Liabilities in Excess of Other Assets - (0.0)% (d)				(1,472,529	)
Net Assets - 100.0%			$	11,386,541,963

^(a) All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $147,104,340. Securities on loan are collateralized by various U.S. Treasury and government agency securities in the amount of $152,354,202.

^(b) Non-income producing security.

^(c) The rate shown is the 7-day effective yield as of September 30, 2021.

^(d) Percentage rounds to less than 0.1%.

plc -	Public Limited Company
REIT -	Real Estate Investment Trust

Diamond Hill Large Cap Concentrated Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 97.0%	Shares		Fair Value
Communication Services - 10.4%
Facebook, Inc., Class A (a)		1,941	$	658,756
Walt Disney Co. (The) (a)		4,667		789,516
				1,448,272
Consumer Discretionary - 12.7%
General Motors Co. (a)		12,198		642,957
NVR, Inc. (a)		136		651,995
VF Corp.		7,009		469,533
				1,764,485
Consumer Staples - 9.8%
Mondelēz International, Inc., Class A		11,116		646,729
PepsiCo, Inc.		4,733		711,891
				1,358,620
Energy - 4.9%
Chevron Corp.		6,717		681,440
Financials - 29.7%
American International Group, Inc.		22,156		1,216,143
Bank of America Corp.		16,836		714,688
Berkshire Hathaway, Inc., Class B (a)		3,055		833,832
KKR & Co., Inc.		11,846		721,184
Truist Financial Corp.		10,821		634,652
				4,120,499
Health Care - 13.9%
Abbott Laboratories (b)		6,756		798,086
Humana, Inc.		1,394		542,475
Pfizer, Inc.		13,573		583,775
				1,924,336
Industrials - 3.7%
Parker-Hannifin Corp.		1,846		516,178
Information Technology - 7.9%
Cognizant Technology Solutions Corp., Class A		7,597		563,773
Fidelity National Information Services, Inc.		4,421		537,947
				1,101,720

Diamond Hill Large Cap Concentrated Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.0% (Continued)	Shares		Fair Value
Materials - 4.0%
Freeport-McMoRan, Inc.		16,940	$	551,058
Total Common Stocks (Cost $12,901,522)			$	13,466,608

Registered Investment Companies - 2.9%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class,  0.03% (c)		400,812	$	400,812
State Street Navigator Securities Lending Portfolio I, 0.09% (c)(d)		122		122
Total Registered Investment Companies (Cost $400,934)			$	400,934
Total Investment Securities - 99.9% (Cost $13,302,456)			$	13,867,542
Other Assets in Excess of Liabilities - 0.1%				10,578
Net Assets - 100.0%			$	13,878,120

^(a) Non-income producing security.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $118.

^(c) The rate shown is the 7-day effective yield as of September 30, 2021.

^(d) This security was purchased with cash collateral held from securities on loan.

Diamond Hill All Cap Select Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 97.9%	Shares		Fair Value
Communication Services - 5.4%
Facebook, Inc., Class A (a)		34,980	$	11,871,862
Walt Disney Co. (The) (a)		37,995		6,427,614
				18,299,476
Consumer Discretionary - 13.1%
Hanesbrands, Inc.		1,111,331		19,070,440
Red Rock Resorts, Inc., Class A (a)		318,318		16,304,248
VF Corp.		141,720		9,493,823
				44,868,511
Consumer Staples - 8.3%
Mondelēz International, Inc., Class A		138,624		8,065,144
Post Holdings, Inc. (a)		89,183		9,824,399
Seaboard Corp.		2,557		10,483,674
				28,373,217
Financials - 33.3%
Alleghany Corp. (a)		11,206		6,997,138
American International Group, Inc.		427,433		23,461,797
Bank OZK		186,599		8,020,025
Berkshire Hathaway, Inc., Class B (a)		62,025		16,929,104
Cadence BanCorp		400,587		8,796,891
KKR & Co., Inc.		246,018		14,977,576
Mr. Cooper Group, Inc. (a)		581,612		23,944,966
Sterling Bancorp		421,090		10,510,406
				113,637,903
Health Care - 8.8%
AbbVie, Inc.		71,292		7,690,268
Boston Scientific Corp. (a)		154,851		6,718,985
Humana, Inc.		17,178		6,684,819
Pfizer, Inc.		208,879		8,983,886
				30,077,958
Industrials - 18.9%
Cimpress plc (a)		124,358		10,798,005
Colfax Corp. (a)		268,741		12,335,212
Kirby Corp. (a)		256,430		12,298,383
Sensata Technologies Holding plc (a)		93,758		5,130,438

Diamond Hill All Cap Select Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 97.9% (Continued)	Shares		Fair Value
Industrials - 18.9% (Continued)
WESCO International, Inc. (a)		206,412	$	23,803,432
				64,365,470
Information Technology - 4.4%
Cognizant Technology Solutions Corp., Class A		103,345		7,669,232
Fidelity National Information Services, Inc.		61,502		7,483,563
				15,152,795
Materials - 3.8%
Ashland Global Holdings, Inc.		47,848		4,264,214
Freeport-McMoRan, Inc.		266,228		8,660,397
				12,924,611
Utilities - 1.9%
UGI Corp.		151,590		6,460,766
Total Common Stocks (Cost $215,942,587)			$	334,160,707

Registered Investment Companies - 2.3%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class,  0.03% (b) (Cost $7,929,316)		7,929,316	$	7,929,316
Total Investment Securities - 100.2% (Cost $223,871,903)			$	342,090,023
Liabilities in Excess of Other Assets - (0.2)%				(627,246	)
Net Assets - 100.0%			$	341,462,777

^(a) Non-income producing security.

^(b) The rate shown is the 7-day effective yield as of September 30, 2021.

plc - Public Limited Company

Diamond Hill Long-Short Fund 

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 88.7%	Shares		Fair Value
Communication Services - 11.7%
Alphabet, Inc., Class A (a)		26,025	$	69,578,358
Comcast Corp., Class A (b)		747,074		41,783,849
Facebook, Inc., Class A (a)		197,034		66,871,369
Verizon Communications, Inc. (b)		406,875		21,975,319
Walt Disney Co. (The) (a)(b)		238,544		40,354,488
				240,563,383
Consumer Discretionary - 6.7%
Booking Holdings, Inc. (a)		12,555		29,803,938
BorgWarner, Inc. (b)		362,933		15,682,335
Hanesbrands, Inc. (b)		1,690,370		29,006,749
TJX Cos., Inc. (The) (c)		419,131		27,654,263
VF Corp. (b)		541,239		36,257,601
				138,404,886
Consumer Staples - 4.7%
Archer-Daniels-Midland Co. (b)		645,673		38,746,837
Constellation Brands, Inc., Class A (b)		123,324		25,983,134
Mondelēz International, Inc., Class A (b)		562,520		32,727,414
				97,457,385
Energy - 3.4%
Chevron Corp. (b)		403,444		40,929,394
Cimarex Energy Co.		335,114		29,221,941
				70,151,335
Financials - 27.0%
American International Group, Inc. (b)		1,552,560		85,220,018
Bank of America Corp. (c)		824,050		34,980,923
Bank OZK (b)(c)		479,265		20,598,810
Berkshire Hathaway, Inc., Class B (a)		222,904		60,839,418
Charles Schwab Corp. (The) (b)		398,744		29,044,513
Citigroup, Inc. (b)(c)		815,136		57,206,244
First Republic Bank (b)(c)		75,460		14,554,725
Hartford Financial Services Group, Inc. (The)		644,926		45,306,052
KKR & Co., Inc. (b)		877,635		53,430,419
MetLife, Inc. (b)		485,429		29,965,532
Morgan Stanley		232,962		22,669,532
SVB Financial Group (a)(c)		36,609		23,681,630

Diamond Hill Long-Short Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 88.7% (Continued)	Shares		Fair Value
Financials - 27.0% (Continued)
Truist Financial Corp. (b)(c)		862,195	$	50,567,737
Wells Fargo & Co. (b)(c)		611,123		28,362,218
				556,427,771
Health Care - 11.1%
Abbott Laboratories (b)		293,177		34,632,999
AbbVie, Inc. (b)		195,266		21,063,343
CVS Health Corp. (b)		365,599		31,024,731
Humana, Inc.		118,760		46,215,454
Medtronic plc (b)		329,019		41,242,532
Perrigo Co. plc (b)		493,484		23,356,598
Pfizer, Inc. (b)		734,435		31,588,049
				229,123,706
Industrials - 9.3%
Alaska Air Group, Inc. (a)		447,223		26,207,268
Colfax Corp. (a)(b)		456,967		20,974,785
Johnson Controls International plc		131,665		8,963,753
Kirby Corp. (a)(b)		870,673		41,757,477
L3Harris Technologies, Inc. (b)		122,230		26,919,935
Parker-Hannifin Corp. (b)		113,111		31,628,098
Sensata Technologies Holding plc (a)(b)		656,323		35,913,995
				192,365,311
Information Technology - 10.4%
Cognizant Technology Solutions Corp., Class A (c)		589,130		43,719,337
Fidelity National Information Services, Inc. (b)(c)		371,256		45,174,430
Microsoft Corp. (c)		172,477		48,624,716
Texas Instruments, Inc.		150,951		29,014,292
Visa, Inc., Class A (b)(c)		111,992		24,946,218
WNS Holdings Ltd. - ADR (a)(c)		280,581		22,951,526
				214,430,519
Materials - 3.0%
Ashland Global Holdings, Inc. (b)		273,694		24,391,609
Freeport-McMoRan, Inc. (b)		845,924		27,517,908
Sherwin-Williams Co. (The) (b)		34,754		9,721,736
				61,631,253

Diamond Hill Long-Short Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 88.7% (Continued)	Shares		Fair Value
Utilities - 1.4%
Dominion Energy, Inc. (b)		380,085	$	27,753,807
Total Common Stocks (Cost $1,064,397,095)			$	1,828,309,356

Registered Investment Companies - 30.5%	Shares		Fair Value
Diamond Hill Short Duration Securitized Bond Fund, Class Y (d)		3,027,821	$	30,823,215
State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (e)		178,314,113		178,314,113
State Street Navigator Securities Lending Portfolio I, 0.09% (e)(f)		420,421,294		420,421,294
Total Registered Investment Companies (Cost $629,105,104)			$	629,558,622
Total Investment Securities - 119.2% (Cost $1,693,502,199)			$	2,457,867,978
Segregated Cash With Custodian - 31.0%				639,337,057
Investments Sold Short - (29.7)% (Proceeds $525,237,710)				(611,836,196	)
Liabilities in Excess of Other Assets - (20.5)%				(422,996,977	)
Net Assets - 100.0%			$	2,062,371,862

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $403,250,646.
(c)	All or a portion of the shares have been pledged as collateral for open short positions.

^(d) Affiliated Fund.

Diamond Hill Short Duration Securitized Bond Fund
Value, December 31, 2020	$	34,836,878
Purchases		700,537
Sales		(5,000,000	)
Realized Gains		62,759
Change in Unrealized Appreciation (Depreciation)		223,041
Value, September 30, 2021	$	30,823,215
Income Distributions	$	700,537

(e)	The rate shown is the 7-day effective yield as of September 30, 2021.
(f)	This security was purchased with cash collateral held from securities on loan.

ADR -	American Depositary Receipt
plc -	Public Limited Company

Diamond Hill Long-Short Fund

Schedule of Investments Sold Short

September 30, 2021 (Unaudited)

Common Stocks - 29.7%	Shares		Fair Value
Communication Services - 1.0%
Cogent Communications Holdings, Inc.		276,595	$	19,593,990
Consumer Discretionary - 7.2%
Best Buy Co., Inc.		242,781		25,664,380
CarMax, Inc.		155,550		19,904,178
Dick's Sporting Goods, Inc.		170,041		20,365,811
Grand Canyon Education, Inc.		147,112		12,939,972
Macy's, Inc.		842,065		19,030,669
Tesla, Inc.		30,589		23,721,158
Under Armour, Inc., Class A		341,409		6,889,634
Whirlpool Corp.		97,445		19,865,138
				148,380,940
Consumer Staples - 3.0%
Boston Beer Co., Inc. (The), Class A		6,873		3,503,512
Brown-Forman Corp., Class B		476,330		31,918,873
WD-40 Co.		111,502		25,810,483
				61,232,868
Financials - 3.6%
Bank of Hawaii Corp.		106,880		8,782,330
Blackstone Mortgage Trust, Inc., Class A		447,490		13,567,897
Commerce Bancshares, Inc.		300,391		20,931,245
FactSet Research Systems, Inc.		18,862		7,446,340
First Financial Bankshares, Inc.		406,238		18,666,636
Westamerica BanCorp.		83,265		4,684,489
				74,078,937
Health Care - 3.1%			��
Multiplan Corp.		1,891,115		10,646,977
Penumbra, Inc.		113,715		30,305,047
Waters Corp.		65,725		23,483,542
				64,435,566
Industrials - 4.7%
Cintas Corp.		52,904		20,138,437
Proto Labs, Inc.		103,420		6,887,772
Robert Half International, Inc.		347,683		34,883,035
United Parcel Service, Inc., Class B		118,150		21,515,115

Diamond Hill Long-Short Fund

Schedule of Investments Sold Short (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 29.7% (Continued)	Shares		Fair Value
Industrials - 4.7% (Continued)
W.W. Grainger, Inc.		12,710	$	4,995,793
Wabtec Corp.		96,330		8,304,609
				96,724,761
Information Technology - 5.6%
Badger Meter, Inc.		197,671		19,992,445
Blackbaud, Inc.		181,362		12,758,817
Cisco Systems, Inc.		304,570		16,577,745
j2 Global, Inc.		147,059		20,091,201
Oracle Corp.		364,603		31,767,859
Teradata Corp.		233,145		13,370,866
Western Union Co. (The)		88,554		1,790,562
				116,349,495
Materials - 0.3%
Silgan Holdings, Inc.		172,760		6,627,074
Utilities - 1.2%
Ormat Technologies, Inc.		366,500		24,412,565
Total Investments Sold Short - 29.7% (Proceeds $525,237,710)			$	611,836,196

Percentages disclosed are based on total net assets of the Fund at September 30, 2021.

Diamond Hill Global Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 99.6%	Shares		Fair Value
Canada - 4.7%
Rogers Communications, Inc., Class B (a)		15,871	$	740,223
China - 5.8%
Alibaba Group Holding Ltd. (b)		30,200		559,115
Tencent Holdings Ltd.		5,800		346,249
				905,364
France - 4.6%
Safran SA		2,029		256,599
Ubisoft Entertainment SA (b)		7,724		462,475
				719,074
Germany - 2.5%
Beiersdorf AG		668		72,069
Fuchs Petrolub SE		8,760		319,646
				391,715
India - 1.0%
HDFC Bank Ltd. - ADR		2,150		157,144
Israel - 6.2%
Check Point Software Technologies Ltd. (b)		8,525		963,666
Japan - 6.0%
KDDI Corp.		9,800		322,650
Nintendo Co. Ltd. - ADR		10,323		611,638
				934,288
Mexico - 2.8%
Fomento Economico Mexicano SAB de CV		50,965		442,031
South Korea - 0.8%
Samsung Electronics Co. Ltd.		2,025		125,502
Switzerland - 6.6%
Novartis AG - ADR		3,240		264,967
Roche Holdings AG		1,077		393,123
Swatch Group AG (The)		1,438		375,196
				1,033,286

Diamond Hill Global Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 99.6% (Continued)	Shares		Fair Value
United Kingdom - 11.9%
Ashmore Group plc		148,321	$	678,564
Diageo plc		7,045		341,116
Unilever plc		15,687		847,250
				1,866,930
United States - 46.7%
Abbott Laboratories		2,590		305,957
Alphabet, Inc., Class A (b)		145		387,660
Berkshire Hathaway, Inc., Class B (b)		3,011		821,822
Booking Holdings, Inc. (b)		139		329,968
Charles Schwab Corp. (The)		4,503		327,999
Chevron Corp.		6,025		611,236
Comcast Corp., Class A		6,004		335,804
Constellation Brands, Inc., Class A		1,525		321,302
Freeport-McMoRan, Inc.		5,030		163,626
Liberty Media Corp. - Liberty Formula One, Series C (b)		3,800		195,358
Medtronic plc		2,770		347,220
Microsoft Corp.		269		75,837
Mondelēz International, Inc., Class A		4,951		288,049
NXP Semiconductors NV		831		162,768
PepsiCo, Inc.		1,635		245,920
Procter & Gamble Co. (The)		3,060		427,788
Texas Instruments, Inc.		980		188,366
Verizon Communications, Inc.		14,338		774,395
Visa, Inc., Class A		1,395		310,736
Walt Disney Co. (The) (b)		2,658		449,654
Zynga, Inc., Class A (b)		31,490		237,120
				7,308,585
Total Common Stocks (Cost $13,893,607)			$	15,587,808

Registered Investment Companies - 0.5%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class, 0.03% (c)		29,916	$	29,916

Diamond Hill Global Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Registered Investment Companies - 0.5% (Continued)	Shares		Fair Value
State Street Navigator Securities Lending Portfolio I, 0.09% (c)(d)		42,975	$	42,975
Total Registered Investment Companies (Cost $72,891)			$	72,891
Total Investment Securities - 100.1% (Cost $13,966,498)			$	15,660,699
Liabilities in Excess of Other Assets - (0.1)%				(14,547	)
Net Assets - 100.0%			$	15,646,152

(a)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $41,976.
(b)	Non-income producing security.
(c)	The rate shown is the 7-day effective yield as of September 30, 2021
(d)	This security was purchased with cash collateral held from securities on loan.

ADR -	American Depositary Receipt
AG -	Aktiengesellschaft
NV -	Naamloze Vennootschap
plc -	Public Limited Company
SA -	Societe Anonyme
SAB de CV-	Societe Anonima Bursatil de Capital Variable
SE -	Societe Europaea

Diamond Hill International Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Common Stocks - 95.2%	Shares		Fair Value
Brazil - 1.0%
Hypera SA		49,643	$	291,487
Canada - 8.2%
Aurinia Pharmaceuticals, Inc. (a)(b)		18,469		408,719
BlackBerry Ltd. (a)		38,268		372,348
Fairfax Financial Holdings Ltd.		1,768		713,606
Rogers Communications, Inc., Class B (b)		19,205		895,721
				2,390,394
China - 7.9%
Alibaba Group Holding Ltd. (a)		44,700		827,565
Baidu, Inc. - ADR (a)		1,949		299,659
Fu Shou Yuan International Group Ltd.		523,000		435,027
Tencent Holdings Ltd.		12,500		746,227
				2,308,478
France - 3.6%
EssilorLuxottica SA		1,360		259,856
LVMH Moet Hennessy Louis Vuitton SE		354		253,527
Safran SA		2,682		339,181
Vivendi SE (b)		15,781		198,658
				1,051,222
Germany - 1.5%
Fuchs Petrolub SE		11,860		432,762
India - 1.5%
HDFC Bank Ltd. - ADR		6,107		446,361
Israel - 4.1%
Check Point Software Technologies Ltd. (a)		10,414		1,177,198
Italy - 1.5%
doValue SpA		37,378		431,301
Japan - 5.7%
Astellas Pharma, Inc.		43,600		717,621
Nintendo Co. Ltd. - ADR		12,340		731,145

Diamond Hill International Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 95.2% (Continued)	Shares		Fair Value
Japan - 5.7% (Continued)
Shionogi & Co. Ltd.		2,900	$	198,447
				1,647,213
Luxembourg - 1.9%
Spotify Technology SA (a)		2,473		557,266
Mexico - 1.4%
Fomento Economico Mexicano SAB de CV		47,235		409,680
Netherlands - 2.7%
Prosus NV (a)		4,546		363,823
Universal Music Group NV (a)(b)		15,781		422,490
				786,313
Peru - 1.6%
Credicorp Ltd.		4,267		473,381
South Korea - 3.0%
Samsung Electronics Co. Ltd.		13,899		861,408
Spain - 1.3%
Banco Bilbao Vizcaya Argentaria SA		55,562		366,699
Sweden - 1.5%
Assa Abloy AB, Class B		14,435		418,801
Switzerland - 10.3%
Compagnie Financière Richemont SA, Class A		6,735		698,389
Novartis AG - ADR		10,661		871,857
Roche Holdings AG		2,011		734,049
Swatch Group AG (The)		2,675		697,948
				3,002,243
Taiwan Province of China - 2.8%
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR		7,404		826,657

Diamond Hill International Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Common Stocks - 95.2% (Continued)	Shares		Fair Value
Thailand - 1.6%
Kasikorn Bank pcl		116,200	$	454,611
United Kingdom - 25.3%
Ashmore Group plc		119,017		544,499
Beazley plc (a)		105,987		539,645
BT Group plc (a)		387,588		830,994
Bunzl plc		8,945		295,164
Compass Group plc (a)		22,900		468,376
Diageo plc		26,555		1,285,782
GlaxoSmithKline plc		23,254		438,918
Howden Joinery Group plc		45,588		548,874
InterContinental Hotels Group plc (a)		5,719		365,201
Sage Group plc (The)		20,825		198,307
Tesco plc		214,262		729,767
Unilever plc		20,495		1,106,929
				7,352,456
United States - 6.8%
Facebook, Inc., Class A (a)		1,811		614,635
Freeport-McMoRan, Inc.		17,234		560,622
Walt Disney Co. (The) (a)		3,323		562,152
Zynga, Inc., Class A (a)		32,846		247,330
				1,984,739
Total Common Stocks (Cost $26,611,795)			$	27,670,670

Warrants - 0.0% (c)	Shares		Fair Value
Switzerland - 0.00 (c)
Compagnie Financière Richemont SA (Cost $0)		8,320	$	3,929

Registered Investment Companies - 7.3%	Shares		Fair Value
State Street Institutional US Government Money Market Fund, Premier Class, 0.03%(d)		1,054,032	$	1,054,032
State Street Navigator Securities Lending Portfolio I, 0.09% (d)(e)		1,072,537		1,072,537
Total Registered Investment Companies (Cost $2,126,569)			$	2,126,569
Total Investment Securities- 102.5% (Cost $28,738,364)			$	29,801,168
Liabilities in Excess of Other Assets - (2.5)%				(730,490	)
Net Assets - 100.0%			$	29,070,678

(a)	Non-income producing security.
(b)	All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $1,024,847.
(c)	Percentage rounds to less than 0.1%.
(d)	The rate shown is the 7-day effective yield as of September 30, 2021.
(e)	This security was purchased with cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $3,937.

AB - Aktiebolag

ADR -	American Depositary Receipt
AG -	Aktiengesellschaft
NV -	Naamloze Vennootschap
pcl -	Public Company Limited
plc -	Public Limited Company
SA -	Societe Anonyme
SAB de CV-	Societe Anonima Bursatil de Capital Variable
SE -	Societe Europaea
SpA -	Societa per Azioni

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Corporate Credit - 4.4%	Coupon			Maturity	Shares / Par Value		Fair Value
Banking - 2.0%
Bank of America Corp. (a)		1.486	%	05/19/24	$	4,514,000	$	4,580,890
Bank of Nova Scotia		0.400	%	09/15/23		2,200,000		2,199,450
Citigroup, Inc.		2.876	%	07/24/23		2,800,000		2,854,924
Discover Financial Services		3.750	%	03/04/25		2,750,000		2,967,439
Eaton Vance Corp.		3.625	%	06/15/23		5,000,000		5,253,278
JPMorgan Chase & Co. (3MO LIBOR + 100) (b)		1.126	%	01/15/23		400,000		401,548
JPMorgan Chase & Co. (SOFR + 60) (b)		0.653	%	09/16/24		350,000		350,874
JPMorgan Chase & Co.		0.768	%	08/09/25		3,000,000		2,987,809
JPMorgan Chase & Co.		1.470	%	09/22/27		1,600,000		1,589,762
Morgan Stanley		0.791	%	07/22/25		3,800,000		3,799,829
PNC Bank NA (3MO LIBOR + 32.3) (a)(b)		1.743	%	02/24/23		420,000		422,465
Toronto-Dominion Bank (The) (SOFR + 48) (b)		0.530	%	01/27/23		375,000		376,906
Toronto-Dominion Bank (The)		0.700	%	09/10/24		900,000		898,216
Truist Financial Corp.		0.400	%	06/09/25		800,000		803,160
								29,486,550
Capital Goods - 0.1%
Waste Management, Inc.		2.900	%	09/15/22		900,000		916,579
Welbilt, Inc. (a)		9.500	%	02/15/24		100,000		102,780
								1,019,359
Communications - 0.3%
Twenty-First Century Fox, Inc.		4.030	%	01/25/24		450,000		482,822
Verizon Communications, Inc.		4.150	%	03/15/24		3,900,000		4,199,222
								4,682,044
Consumer Cyclical - 0.4%
Daimler Finance LLC (a)(c)		1.750	%	03/10/23		1,900,000		1,934,484
Ford Motor Credit Co. LLC		5.584	%	03/18/24		250,000		268,710
Toyota Motor Corp.		0.450	%	01/11/24		3,000,000		2,992,977
Toyota Motor Corp.		0.625	%	09/13/24		900,000		898,011
								6,094,182
Consumer Non-Cyclical - 0.4%
AbbVie, Inc.		2.900	%	11/06/22		2,800,000		2,875,557
Kroger Co. (The)		4.000	%	02/01/24		2,800,000		2,992,202
Mondelēz International, Inc. (c)		0.750	%	09/24/24		300,000		299,235
								6,166,994

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 4.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Electric - 0.2%
DTE Energy Co.		1.050	%	06/01/25	$	500,000	$	496,056
WEC Energy Group, Inc.		0.800	%	03/15/24		2,750,000		2,758,490
								3,254,546
Energy - 0.2%
Devon Energy Corp. (c)		5.250	%	09/15/24		1,000,000		1,107,645
Energy Transfer Operating LP		4.500	%	04/15/24		925,000		1,000,325
Welltec A/S (c)		9.500	%	12/01/22		200,000		200,000
								2,307,970
Insurance - 0.6%
Athene Global Funding (a)(c)		2.500	%	01/14/25		1,450,000		1,507,233
Jackson National Life Global Funding (c)		2.100	%	10/25/21		200,000		200,215
Met Life Global Funding I (c)		1.950	%	01/13/23		780,000		795,873
Met Life Global Funding I (c)		0.700	%	09/27/24		1,200,000		1,201,380
Principal Life Global Funding II (c)		2.375	%	11/21/21		400,000		401,130
Principal Life Global Funding II (c)		0.750	%	08/23/24		800,000		797,598
Protective Life Global Funding (c)		0.473	%	01/12/24		2,945,000		2,931,940
Protective Life Global Funding (c)		0.781	%	07/05/24		1,700,000		1,700,807
								9,536,176
Technology - 0.0% (d)
Dell International LLC / EMC Corp.		4.000	%	07/15/24		500,000		540,899
Transportation - 0.2%
Alaska Airlines, Series 2020-1B, Class A (c)		4.800	%	08/15/27		460,806		513,121
American Airlines Pass-Through Trust, Series 2016-2, Class AA		3.200	%	12/15/29		1,574,000		1,584,162
United Airlines Pass-Through Trust, Series 2007-1, Class A		6.636	%	01/02/24		76,526		78,697
United Airlines Pass-Through Trust, Series 2020-1, Class A		5.875	%	04/15/29		1,112,970		1,245,461
								3,421,441
Total Corporate Credit (Cost $65,934,416)							$	66,510,161

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4%	Coupon			Maturity	Shares / Par Value		Fair Value
ABS-Other - 5.9%
BXG Receivables, Series 2018-A, Class C (c)		4.440	%	02/02/34	$	983,173	$	1,026,084
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (c)		1.830	%	03/20/41		3,588,000		3,542,831
Diamond Resorts Owner Trust, Series 2019-1, Class B (c)		3.530	%	02/20/32		510,445		524,224
Diamond Resorts Owner Trust, Series 2021-1A, Class B (c)		2.050	%	11/21/33		1,633,455		1,644,878
Diamond Resorts Owner Trust, Series 2021-1A, Class C (c)		2.700	%	11/21/33		1,225,091		1,237,254
FMC GMSR Issuer Trust, Series 2019-GT2, Class A (c)		4.230	%	09/25/24		5,000,000		4,987,908
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (b)(c)		4.450	%	01/25/26		3,000,000		2,979,717
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (c)		3.620	%	07/25/26		7,500,000		7,480,402
Gold Key Resorts LLC, Series 2014-A, Class A (c)		3.220	%	03/17/31		45,242		45,765
Helios Issuer LLC, Series 2020-4, Class A (c)		2.980	%	06/20/47		1,768,150		1,834,234
Helios Issuer LLC, Series 2021-A, Class A (c)		1.800	%	02/20/48		1,223,418		1,220,956
Hero Funding Trust, Series 2016-3B, Class B (c)		5.240	%	09/20/42		911,380		912,352
Hero Funding Trust, Series 2016-4B, Class B (c)		4.990	%	09/20/47		482,689		492,428
Holiday Inn Timeshare Trust, Series 2020-A, Class C (c)		3.420	%	10/09/39		1,532,470		1,582,964
Holiday Inn Timeshare Trust, Series 2020-A, Class D (c)		5.500	%	10/09/39		712,777		740,046
Holiday Inn Timeshare Trust, Series 2020-A, Class E (c)		6.500	%	10/09/39		1,425,553		1,460,238
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (c)		2.290	%	01/20/48		3,156,228		3,189,035
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (c)		2.220	%	03/20/48		2,305,712		2,305,844
Mosaic Solar Loans LLC, Series 2017-2A, Class D (c)		0.000	%	06/22/43		212,036		211,221

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
ABS-Other - 5.9% (Continued)
Mosaic Solar Loans LLC, Series 2017-2, Class B (c)		4.770	%	06/22/43	$	561,482	$	603,902
Mosaic Solar Loans LLC, Series 2020-1, Class A (c)		2.100	%	04/20/46		2,052,800		2,079,062
Mosaic Solar Loans LLC, Series 2020-1A, Class B (c)		3.100	%	04/20/46		1,642,240		1,710,564
Mosaic Solar Loans LLC, Series 2021-1, Class D (c)		3.710	%	12/20/46		895,000		893,299
MVW Own Trust, Series 2021-1WA, Class B (c)		1.440	%	01/22/41		1,380,060		1,378,734
MVW Own Trust, Series 2021-1WA, Class C (c)		1.940	%	01/22/41		2,990,130		3,000,609
OCWEN Master Advance Receivables Trust, Series 2020-T1, Class E-T1 (c)		5.419	%	08/15/52		2,000,000		2,009,582
PNMAC GMSR Issuer Trust, Series 2018-GT1, Class A (1* 1MO LIBOR + 285) (b)(c)		2.936	%	02/25/23		7,000,000		7,017,239
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (b)(c)		2.736	%	08/25/23		9,400,000		9,387,222
Renew Financial LLC, Series 2017-1, Class A (c)		3.670	%	09/20/52		1,136,173		1,189,467
Renew Financial LLC, Series 2017-1, Class B (c)		5.750	%	09/20/52		540,912		553,848
SPS Servicer Advance Receivables, Series 2020-T1, Class DT1 (c)		2.370	%	11/15/52		700,000		703,517
SPS Servicer Advance Receivables, Series 2020-T2, Class D (c)		3.160	%	11/15/55		3,000,000		2,978,105
TES LLC, Series 2017-1, Class A (c)		4.330	%	10/20/47		4,286,279		4,537,956
TES LLC, Series 2017-1, Class B (c)		7.740	%	10/20/47		2,000,000		1,934,669
Westgate Resorts, Series 2018-1, Class B (c)		3.580	%	12/20/31		558,445		564,600
Westgate Resorts, Series 2018-1, Class C (c)		4.100	%	12/20/31		1,332,652		1,342,548
Westgate Resorts, Series 2020-1, Class B (c)		3.963	%	03/20/34		4,019,102		4,136,829
Westgate Resorts, Series 2020-1A, Class C (c)		6.213	%	03/20/34		4,856,216		5,102,603
								88,542,736
Agency MBS CMO - 1.8%
FHLMC, Series 2979, Class FP (1* 1MO LIBOR + 45) (b)		0.534	%	05/15/35		380,795		384,794
FHLMC, Series 3121, Class FM (1* 1MO LIBOR + 40) (b)		0.484	%	03/15/36		353,942		356,821

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Agency MBS CMO - 1.8% (Continued)
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (b)		1.184	%	11/15/37	$	664,530	$	671,585
FHLMC, Series 4085, Class FB (1* 1MO LIBOR + 40) (b)		0.484	%	01/15/39		4,119		4,120
FHLMC, Series 4095, Class FB (1* 1MO LIBOR + 40) (b)		0.484	%	04/15/39		14,566		14,573
FHLMC, Series 3925, Class FL (1* 1MO LIBOR + 45) (b)		0.534	%	01/15/41		148,924		149,602
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (b)		0.584	%	07/15/41		271,568		274,581
FHLMC, Series 4314, Class PF (1* 1MO LIBOR + 40) (b)		0.484	%	07/15/43		157,709		158,362
FHLMC, Series 5151, Class GA		1.500	%	10/25/51		9,414,000		9,355,163
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (b)		0.736	%	07/25/36		729,098		734,102
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (b)		0.466	%	11/25/36		293,216		296,946
FNMA, Series 2010-136, Class FA (1* 1MO LIBOR + 50) (b)		0.586	%	12/25/40		279,576		283,733
FNMA, Series 2011-86, Class KF (1* 1MO LIBOR + 55) (b)		0.636	%	09/25/41		475,699		484,132
FNMA, Series 2011-127, Class ZU		3.500	%	12/25/41		6,923,545		7,379,823
FNMA, Series 2012-9, Class FC (1* 1MO LIBOR + 40) (b)		0.486	%	02/25/42		203,589		205,720
FNMA, Series 2012-33, Class F (1* 1MO LIBOR + 52) (b)		0.606	%	04/25/42		161,070		162,897
FNMA, Series 2013-34, Class GP		3.000	%	05/25/42		3,846,965		3,923,747
GNMA, Series 2007-18, Class FD (1* 1MO LIBOR + 30) (b)		0.387	%	04/20/37		428,407		429,056
GNMA, Series 2008-16, Class FC (1* 1MO LIBOR + 50) (b)		0.587	%	02/20/38		347,061		349,020
GNMA, Series 2012-149, Class GF (1* 1MO LIBOR + 30) (b)		0.387	%	12/20/42		175,747		176,351
GNMA, Series 2012-H29, Class SA (1* 1MO LIBOR + 51.5) (b)		0.605	%	10/20/62		576,576		579,566

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Agency MBS CMO - 1.8% (Continued)
GNMA, Series 2012-H23, Class SA (1* 1MO LIBOR + 53) (b)		0.620	%	10/20/62	$	664,556	$	669,497
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (b)		0.681	%	05/20/66		103,895		103,818
GNMA, Series 2017-H11, Class FP (1* 1MO LIBOR + 22) (b)		0.310	%	04/20/67		134,524		134,574
								27,282,583
Agency MBS CMO Derivatives - 0.2%
FHLMC, Series 3946, Class SB (IO) (1*1MO LIBOR + 675) (b)		6.666	%	10/15/26		145,292		14,567
FHLMC, Series 237, Class S14 (IO) (1*1MO LIBOR + 660) (b)		6.516	%	05/15/36		641,436		123,864
FHLMC, Series 4693, Class EI (IO)		3.500	%	08/15/42		106,551		11
FNMA, Series 2011-75, Class MI (IO)		3.500	%	08/25/26		269,853		10,241
FNMA, Series 2012-148, Class IA (IO)		4.000	%	01/25/28		2,530,725		196,566
FNMA, Series 301, Class I (PO)		0.000	%	04/25/29		258,419		247,524
FNMA, Series 348, Class II (IO)		6.000	%	01/25/34		625,751		126,508
FNMA, Series 2013-120, Class JI (IO)		4.000	%	02/25/40		1,278,618		11,058
FNMA, Series 2010-44, Class CS (IO) (1MO LIBOR + 655) (b)		6.464	%	05/25/40		504,067		91,283
FNMA, Series 2011-14, Class PI (IO)		5.000	%	06/25/40		74,299		1,136
FNMA, Series 3998, Class NS (IO) (1MO LIBOR + 660) (b)		6.516	%	09/15/40		2,648,123		139,518
FNMA, Series 2014-45, Class IO (IO)		4.000	%	08/25/44		476,195		52,655
GNMA, Series 2011-145, Class QI (IO)		5.000	%	11/16/41		1,018,353		157,157
GNMA, Series 2015-16, Class IL (IO)		4.000	%	03/20/42		3,043,631		168,525
GNMA, Series 2014-141, Class IE (IO)		4.000	%	08/20/43		1,573,987		39,270
GNMA, Series 2010-H01, Class CI (IO) (b)		2.045	%	01/20/60		486,391		53,921
GNMA, Series 2012-H02, Class AI (IO) (b)		1.901	%	01/20/62		801,205		37,725
GNMA, Series 2013-H13, Class T1 (IO) (b)		0.466	%	05/20/63		28,480,613		301,613
GNMA, Series 2016-H20, Class GI (IO) (b)		0.313	%	08/20/66		26,166,538		280,108
GNMA, Series 2017-H11, Class PI (IO) (b)		3.963	%	04/20/67		727,512		10,769
GNMA, Series 2017-H22, Class ID (IO) (b)		4.106	%	11/20/67		187,903		14,024
GNMA, Series 2018-H08, Class NI (IO) (b)		0.797	%	05/20/68		15,060,371		349,250

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 0.2% (Continued)
GNMA, Series 2019-H04, Class IO (IO) (b)		1.532	%	03/20/69	$	22,427,021	$	763,019
								3,190,312
Agency MBS Passthrough - 0.0% (d)
FHLMC, Pool #FG G60257		5.500	%	06/01/41		538,282		627,588
Auto Loan - 10.3%
ACC Auto Trust, Series 2021-A, Class A (c)		1.080	%	04/15/27		2,260,106		2,262,395
ACC Trust, Series 2019-2, Class A (c)		2.820	%	02/21/23		288,978		289,829
ACC Trust, Series 2021-1, Class B (c)		1.430	%	07/22/24		4,750,000		4,744,776
American Credit Acceptance Receivables Trust, Series 2020-3, Class F (c)		5.940	%	06/14/27		6,750,000		7,093,940
American Credit Acceptance Receivables Trust, Series 2020-4, Class F (c)		5.220	%	08/13/27		2,800,000		2,898,862
Arivo Acceptance Auto Loan Receivables Trust, Series 2019-1, Class A (c)		2.990	%	07/15/24		301,811		304,436
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class A (c)		1.190	%	01/15/27		6,832,714		6,839,643
Arivo Acceptance Auto Loan Receivables Trust, Series 2021-1A, Class B (c)		2.020	%	02/16/27		2,223,000		2,236,912
Avid Automobile Receivables Trust, Series 2019-1, Class E (c)		6.760	%	05/17/27		2,500,000		2,535,125
CarNow Auto Receivables Trust, Series 2021-1A, Class B (c)		1.380	%	02/17/26		1,000,000		1,002,770
CarNow Auto Receivables Trust, Series 2021-1A, Class C (c)		2.160	%	02/17/26		2,000,000		2,009,996
CarNow Auto Receivables Trust, Series 2021-1A, Class D (c)		3.640	%	02/17/26		2,250,000		2,267,242
CarNow Auto Receivables Trust, Series 2021-1A, Class E (c)		5.120	%	07/15/27		2,500,000		2,508,336
Carvana Auto Receivable Trust, Series 2020-P1, Class C		1.320	%	11/09/26		1,450,000		1,444,475
Carvana Auto Receivable Trust, Series 2020-P1, Class D		1.820	%	09/08/27		1,100,000		1,106,112
Chase Credit Linked Notes, Series 2020-1, Class D (c)		1.886	%	01/25/28		1,276,915		1,286,318

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Auto Loan - 10.3% (Continued)
Chase Credit Linked Notes, Series 2020-2, Class C (c)		1.140	%	02/25/28	$	864,961	$	868,175
Chase Credit Linked Notes, Series 2021-3, Class D (c)		1.009	%	02/26/29		2,899,510		2,897,912
Chase Credit Linked Notes, Series 2021-3, Class E (c)		2.102	%	02/26/29		2,416,258		2,414,950
CIG Auto Receivables Trust, Series 2020-1, Class D (c)		2.350	%	01/12/26		2,400,000		2,430,115
CIG Auto Receivables Trust, Series 2019-1, Class D (c)		4.850	%	05/15/26		2,120,000		2,166,116
CPS Auto Receivables Trust, Series 2018-C, Class D (c)		4.400	%	06/17/24		850,000		864,373
CPS Auto Receivables Trust, Series 2020-B, Class D (c)		4.750	%	04/15/26		5,000,000		5,267,228
Credit Acceptance Auto Loan Trust, Series 2020-2, Class C (c)		2.730	%	11/15/29		3,000,000		3,089,682
Credit Acceptance Auto Loan Trust, Series 2020-3A, Class C (c)		2.280	%	02/15/30		2,500,000		2,550,619
Credito RL USA, Series 2021-1, Class A (c)		1.350	%	02/16/27		4,572,889		4,574,421
Exeter Automobile Receivables Trust, Series 2020-2, Class D (c)		4.730	%	04/15/26		730,000		775,537
FHF Trust, Series 2020-1, Class A (c)		2.590	%	12/15/23		1,270,505		1,278,697
FHF Trust, Series 2020-1, Class B (c)		3.100	%	09/15/25		4,500,000		4,598,299
FHF Trust, Series 2021-1, Class A (c)		1.270	%	03/15/27		2,421,250		2,419,527
First Help Financial LLC, Series 2021-2A, Class A (c)		0.830	%	12/15/26		7,000,000		6,997,384
First Help Financial LLC, Series 2021-2A, Class B (c)		1.630	%	09/15/27		6,500,000		6,481,832
Foursight Capital Automobile Receivables, Series 2018-2, Class E (c)		5.500	%	10/15/24		6,000,000		6,212,899
Foursight Capital Automobile Receivables, Series 2020-1, Class C (c)		2.410	%	08/15/25		4,400,000		4,481,512
GLS Auto Receivables Trust, Series 2021-1A, Class D (c)		1.680	%	01/15/27		5,000,000		5,015,103

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Auto Loan - 10.3% (Continued)
Hertz Vehicle Finance, Series 2021-2, Class D (c)		4.340	%	12/25/27	$	5,000,000	$	5,027,881
JPMorgan Chase Bank, NA, Series 2021-2, Class D (c)		1.138	%	12/26/28		2,400,000		2,400,709
JPMorgan Chase Bank, NA, Series 2021-2, Class E (c)		2.280	%	12/26/28		2,000,000		2,000,586
OneMain Direct Auto Receivables, Series 2019-1, Class D (c)		4.680	%	04/14/31		5,500,000		6,050,120
Santander Consumer Auto Receivables, Series 2020-B, Class D (c)		2.140	%	12/15/26		2,000,000		2,030,236
Skopos Auto Receivables Trust, Series 2018-1, Class C (c)		4.770	%	04/17/23		1,176,452		1,182,592
Skopos Auto Receivables Trust, Series 2019-1, Class B (c)		3.430	%	09/15/23		1,843,900		1,849,459
Tesla Auto Lease Trust, Series 2021-B, Class D (c)		1.320	%	09/22/25		9,500,000		9,504,958
Veros Auto Receivables Trust, Series 2020-1, Class A (c)		1.670	%	09/15/23		588,462		589,307
Veros Auto Receivables Trust, Series 2020-1, Class B (c)		2.190	%	06/16/25		2,500,000		2,514,695
Veros Auto Receivables Trust, Series 2021-1, Class A (c)		0.920	%	10/15/26		4,789,142		4,789,523
Veros Auto Receivables Trust, Series 2021-1, Class B (c)		1.490	%	10/15/26		4,500,000		4,499,699
Veros Auto Receivables Trust, Series 2021-1, Class C (c)		3.640	%	08/15/28		5,000,000		5,029,071
								153,684,384
CRE/CLO - 9.4%
A10 Securitization, Series 2020-C, Class A (c)(e)		2.033	%	08/15/40		884,146		888,734
A10 Securitization, Series 2020-C, Class B (c)(e)		2.617	%	08/15/40		2,100,000		2,111,109
A10 Securitization, Series 2020-C, Class C (c)(e)		3.363	%	08/15/40		2,800,000		2,794,268
A10 Securitization, Series 2020-C, Class D (c)(e)		4.129	%	08/15/40		1,950,000		1,968,954
A10 Securitization, Series 2020-C, Class E (c)(e)		5.465	%	08/15/40		1,050,000		1,062,516
Acre Mortgage Trust, Series 2021-FL1, Class B (c)		1.885	%	10/18/36		3,800,000		3,800,015

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
CRE/CLO - 9.4% (Continued)
Acre Mortgage Trust, Series 2021-FL4, Class D (1* 1MO LIBOR + 260) (b)(c)		2.687	%	12/15/37	$	6,000,000	$	6,000,000
Acre Mortgage Trust, Series 2021-FL4, Class E (1* 1MO LIBOR + 310) (b)(c)		3.187	%	12/15/37		2,000,000		2,000,000
Bancorp Commercial Mortgage Trust (The), Series 2017-CRE2, Class C (1* 1MO LIBOR + 235) (b)(c)		2.446	%	08/15/32		2,191,753		2,167,677
Bancorp Commercial Mortgage Trust (The), Series 2018-CR3, Class D (1* 1MO LIBOR + 270) (b)(c)		2.796	%	03/16/35		4,500,000		4,479,825
Bancorp Commercial Mortgage Trust (The), Series 2017-CRE2, Class D (1* 1MO LIBOR + 375) (b)(c)		3.845	%	08/17/32		2,000,000		1,744,600
BDS Ltd., Series 2021-FL8, Class D (c)		1.985	%	01/18/36		2,750,000		2,748,281
BDS Ltd., Series 2021-FL8, Class E (c)		2.335	%	01/18/36		1,750,000		1,747,727
Benefit Street Partners Realty Trust, Inc., Series 2018-FL4, Class D (c)		2.846	%	09/17/35		3,500,000		3,491,232
BXMT, Series 2021-FL4, Class A (1* 1MO LIBOR + 105) (b)(c)		1.145	%	05/17/38		8,250,000		8,253,770
BXMT, Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (b)(c)		2.346	%	05/17/38		8,250,000		8,250,000
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (b)(c)		2.114	%	02/16/37		3,725,000		3,715,680
BXMT Ltd., Series 2020-FL2, Class E (1* 1MO LIBOR + 205) (c)		2.214	%	02/16/37		3,500,000		3,447,458
BXMT Ltd., Series 2020-FL2, Class B (1* 1MO LIBOR + 140) (c)		1.564	%	02/18/38		3,650,000		3,642,010
BXMT Ltd., Series 2020-FL2, Class C (1* 1MO LIBOR + 165) (b)(c)		1.814	%	02/18/38		3,750,000		3,740,618
Exantas Capital Corp., Series 2020-RS09, Class D (1* 1MO LIBOR + 550) (b)(c)(e)		5.664	%	04/17/37		7,059,000		7,209,826
FHLMC, Series 2020-FL3, Class B (1* 1MO LIBOR + 375) (c)		3.914	%	07/15/35		5,100,000		5,176,556
FHLMC, Series 2020-FL3, Class C (1* 1MO LIBOR + 450) (b)(c)		4.664	%	07/15/35		1,000,000		1,020,015

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
CRE/CLO - 9.4% (Continued)
FHLMC, Series 2020-FL3, Class A-S (1* 1MO LIBOR + 285) (b)(c)		3.014	%	07/16/35	$	1,500,000	$	1,520,642
HGI CRE CLO Ltd., Series 2021-FL2, Class B (c)		1.850	%	09/19/26		3,000,000		2,995,353
KKR Financial Management, Series 2021-FL2, Class A (c)		1.154	%	02/15/39		4,000,000		4,000,000
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (c)		2.595	%	05/15/36		7,200,000		7,055,849
Multi Family Housing Mortgage Loan, Series 2019-FL2, Class C (1* 1MO LIBOR + 200) (b)(c)		2.164	%	12/25/34		4,400,000		4,400,000
Multi Family Housing Mortgage Loan, Series 2020-FL4, Class A (1* 1MO LIBOR + 170) (b)(c)		1.864	%	11/15/35		4,000,000		4,022,988
PFP III, Series 2021-7, Class D (1* 1MO LIBOR + 240) (b)(c)		2.495	%	04/14/38		1,749,913		1,742,274
PFP Ltd., Series 2019-5, Class B (1* 1MO LIBOR + 165) (b)(c)		1.745	%	04/16/36		2,150,000		2,147,332
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class A (1* 1MO LIBOR + 215) (b)(c)		2.236	%	02/25/35		6,649,604		6,695,214
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class B (1* 1MO LIBOR + 385) (b)(c)		3.936	%	02/25/35		4,000,000		4,056,289
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class C (1* 1MO LIBOR + 475) (b)(c)		4.836	%	02/25/35		4,000,000		4,067,910
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C (c)		2.000	%	07/25/36		1,800,000		1,799,442
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class B (c)		2.500	%	07/25/36		7,545,000		7,542,638
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class A (c)		3.000	%	07/25/36		3,500,000		3,499,997
Shelter Growth Capital Partners LLC, Series 2021-FL3, Class C (c)		2.245	%	09/15/36		3,800,000		3,800,000
								140,806,799

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Credit Cards - 5.7%
Brex, Inc., Series 2021-1, Class A (c)		2.130	%	07/17/24	$	8,300,000	$	8,386,337
Continental Credit Card LLC, Series 2017-1, Class B (c)		6.410	%	01/15/25		1,497,999		1,517,367
Continental Credit Card LLC, Series 2019-1, Class A (c)		3.830	%	08/15/26		12,822,383		13,076,052
Continental Credit Card LLC, Series 2019-1, Class B (c)		4.950	%	08/15/26		7,450,000		7,806,421
Continental Credit Card LLC, Series 2019-1, Class C (c)		6.160	%	08/15/26		3,000,000		3,120,960
Continental Credit Card LLC, Series 2020-A, Class A (c)		2.240	%	12/15/28		3,600,000		3,624,721
Continental Credit Card LLC, Series 2020-A, Class B (c)		3.660	%	12/15/28		6,800,000		6,861,574
Genesis Private Label Amortization Trust, Series 2020-1, Class D (c)		6.630	%	07/20/26		9,500,000		9,787,687
Genesis Private Label Amortization Trust, Series 2020-1, Class C (c)		4.190	%	07/20/30		1,680,000		1,691,088
Genesis Private Label Amortization Trust, Series 2020-1, Class E (c)		9.760	%	07/20/30		2,625,000		2,701,377
Genesis Sales Finance Master Trust, Series 2020-AA, Class B (c)		2.240	%	09/22/25		2,500,000		2,516,076
Genesis Sales Finance Master Trust, Series 2020-AA, Class C (c)		2.990	%	09/22/25		1,000,000		1,006,477
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (c)		2.090	%	12/21/26		2,350,000		2,343,443
Genesis Sales Finance Master Trust, Series 2021-AA, Class E (c)		3.770	%	12/21/26		6,000,000		5,983,803
Genesis Sales Finance Master Trust, Series 2021-AA, Class F (c)		5.590	%	12/21/26		4,000,000		3,990,036
HGI CRE CLO Ltd., Series 2021-FL1, Class AS (1* 1MO LIBOR + 140) (b)(c)		1.485	%	06/16/36		2,750,000		2,747,968
Mercury Financial Credit Card, Series 2021-1A, Class B (c)		2.330	%	03/20/26		3,700,000		3,675,730

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Credit Cards - 5.7% (Continued)
Mercury Financial Credit Card, Series 2021-1A, Class D (c)		6.260	%	03/20/26	$	4,000,000	$	4,018,130
								84,855,247
Equipment - 2.4%
Access Point Financial, Inc., Series 2017-A, Class C (c)		5.820	%	04/15/29		2,084,006		2,082,771
Access Point Financial, Inc., Series 2017-A, Class D (c)(e)		6.000	%	04/15/29		5,000,000		4,973,599
Business Jet Securities LLC, Series 2019-1, Class B, Pool #2019-1 (c)		5.193	%	07/15/34		2,112,751		2,117,277
Business Jet Securities LLC, Series 2019-1, Class C, Pool #2019-1 (c)		6.948	%	07/15/34		3,632,925		3,765,487
Business Jet Securities LLC, Series 2020-1, Class B (c)		3.967	%	11/15/35		1,081,480		1,108,420
Business Jet Securities LLC, Series 2020-1, Class C (c)		7.142	%	11/15/35		2,197,252		2,292,979
Business Jet Securities LLC, Series 2021-1A, Class B (c)		2.918	%	04/15/36		1,379,542		1,386,050
Business Jet Securities LLC, Series 2021-1A, Class C (c)		5.067	%	04/15/36		2,612,769		2,628,249
CCG Receivables Trust, Series 2018-2, Class C (c)		3.870	%	12/15/25		2,395,000		2,421,827
Encina Equipment Finance, Series 2021-1A, Class E (c)		4.360	%	03/15/29		1,340,000		1,365,089
HPEFS Equipment Trust, Series 2021-2A, Class D (c)		1.290	%	03/20/29		3,750,000		3,737,778
Octane Receivables Trust, Series 2019-1, Class A (c)		3.160	%	09/20/23		779,577		784,528
Octane Receivables Trust, Series 2020-1, Class A (c)		1.710	%	02/20/25		3,276,688		3,302,420
Octane Receivables Trust, Series 2020-1, Class C (c)		2.890	%	03/20/26		2,600,000		2,664,037
Octane Receivables Trust, Series 2021-1A, Class C (c)		2.230	%	11/20/28		1,800,000		1,803,197
								36,433,708

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
HECM - 1.9%
Brean ABS Trust, Series 2021-RM2, Class A (c)		1.750	%	10/25/61	$	10,000,000	$	9,779,687
Finance of America HECM, Series 2020-HB2, Class A (c)		1.710	%	07/25/30		4,879,351		4,899,157
Finance of America HECM, Series 2021-HB1, Class M3 (c)		3.640	%	02/25/31		2,000,000		1,997,887
RMF Buyout Issuance Trust, Series 2020-1, Class M3 (c)		2.964	%	02/25/30		1,469,000		1,469,011
RMF Buyout Issuance Trust, Series 2020-2, Class M2 (c)		3.091	%	06/25/30		1,500,000		1,506,145
RMF Buyout Issuance Trust, Series 2020-2, Class M3 (c)		4.571	%	06/25/30		800,000		803,186
RMF Proprietary Issuance Trust, Series 2021-2, Class A (c)		2.125	%	09/25/61		7,750,000		7,283,525
								27,738,598
Hospitality - 3.8%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (b)(c)		1.346	%	07/16/35		4,400,000		4,411,704
BX Trust, Series 2018-GW, Class C (c)		1.316	%	05/15/37		2,500,000		2,496,936
BX Trust, Series 2018-GW, Class E (1* 1 MO LIBOR + 197) (b)(c)		2.066	%	05/15/37		5,000,000		5,010,646
Champlain Housing Mortgage Trust, Series 2017-COSMO, Class B (1* 1MO LIBOR + 140) (b)(c)		1.496	%	11/17/36		3,600,000		3,601,173
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class D (1* 1MO LIBOR + 225) (b)(c)		2.346	%	11/15/36		4,900,000		4,904,644
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class A (1* 1MO LIBOR + 93) (b)(c)		1.025	%	11/17/36		4,000,000		4,003,605
Extended Stay America Trust, Series 2021-ESH, Class E (1* 1MO LIBOR + 285) (b)(c)		2.946	%	07/15/38		4,576,193		4,622,097
Extended Stay America Trust, Series 2021-ESH, Class F (1* 1MO LIBOR + 370) (b)(c)		3.796	%	07/15/38		3,979,298		4,024,204
Fontainebleau Miami Beach, Series 2019-FBLU, Class C (c)		3.750	%	12/12/36		2,000,000		2,100,315

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Hospitality - 3.8% (Continued)
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class A (1* 1MO LIBOR + 92) (b)(c)		1.004	%	07/16/35	$	2,694,492	$	2,694,448
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class B (1* 1MO LIBOR + 125) (b)(c)		1.334	%	07/16/35		6,898,827		6,890,401
Hawaii Hotel Trust, Series 2019-MAUI, Class A (1* 1MO LIBOR + 115) (b)(c)		1.245	%	05/17/38		2,245,000		2,247,083
Motel 6 Trust, Series 2021-MTL6, Class D (c)		2.200	%	09/15/38		1,500,000		1,503,777
Motel 6 Trust, Series 2021-MTL6, Class E (c)		2.800	%	09/15/38		2,800,000		2,808,808
Motel 6 Trust, Series 2021-MTL6, Class F (c)		3.650	%	09/15/38		2,850,000		2,860,902
Motel 6 Trust, Series 2021-MTL6, Class G (c)		4.800	%	09/15/38		3,000,000		3,013,289
								57,194,032
Industrial - 2.4%
BX Commercial Mortgage Trust, Series 2020-FOX, Class D (1* 1MO LIBOR + 210) (b)(c)		2.196	%	11/15/32		2,893,367		2,904,201
BX Trust, Series 2021-VOLT, Class D (c)		1.750	%	09/15/23		14,500,000		14,509,087
Cold Storage Trust, Series 2020-ICE5, Class F (1* 1MO LIBOR + 349.248) (b)(c)		3.588	%	11/15/37		4,914,953		4,939,411
Cold Storage Trust, Series 2020-ICE5, Class E (1* 1MO LIBOR + 276.56) (b)(c)		2.861	%	11/16/37		2,457,476		2,463,642
Credit Suisse First Boston, Series 2020-UNFI, Class A (c)		3.752	%	12/06/22		10,400,000		10,433,414
								35,249,755
Manufactured Housing - 0.1%
Cascade Funding Mortgage Trust, Series 2019-MH1, Class M (c)		5.985	%	11/25/44		1,100,000		1,137,684
Mixed-Use - 0.3%
20 Times Square Trust, Series 2018-20TS, Class B (b)(c)		3.203	%	05/17/35		4,400,000		4,419,840
Multifamily - 6.0%
BX Commercial Mortgage Trust, Series 2021-MFM1, Class D (1* 1MO LIBOR + 150) (b)(c)		1.584	%	01/15/34		2,000,000		2,002,507

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Multifamily - 6.0% (Continued)
FHLMC, Series 2021-MN2, Class M-1 (c)		1.850	%	07/25/41	$	2,990,192	$	2,997,382
FHLMC, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (b)(c)		2.050	%	01/25/51		10,887,644		10,960,591
Freedom Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (b)(c)		2.582	%	11/25/24		5,325,908		5,304,209
Freedom Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (b)(c)		2.132	%	10/27/25		3,156,719		3,135,647
Freedom Mortgage Trust, Series 2019-KF61, Class B (1* 1MO LIBOR + 220) (b)(c)		2.283	%	03/25/29		4,502,038		4,513,110
FREMF Mortgage Trust, Series 2018-KF42, Class B (c)		2.290	%	12/25/24		1,411,261		1,404,595
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (b)(c)		2.233	%	02/25/25		2,439,535		2,422,650
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (b)(c)		2.233	%	01/25/28		3,310,923		3,301,531
FREMF Mortgage Trust, Series 2018-KF50, Class B (1* 1 MO LIBOR + 190) (b)(c)		1.991	%	07/25/28		4,049,524		3,992,103
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (b)(c)		2.333	%	01/25/29		6,556,489		6,512,849
FREMF Mortgage Trust, Series 2019-KF59, Class B (c)		2.432	%	02/25/29		1,890,237		1,890,236
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (b)(c)		2.333	%	08/25/29		4,766,512		4,744,023
Multi Family Connecticut Avenue, Series 2019-01, Class M-7 (1* 1MO LIBOR + 170) (b)(c)		1.786	%	10/15/49		8,941,666		8,938,998
Multi Family Connecticut Avenue, Series 2019-01, Class M10 (1* 1MO LIBOR + 325) (b)(c)		3.336	%	10/15/49		3,000,000		3,027,699
Multi Family Connecticut Avenue, Series 2019-01, Class B-10 (1* 1MO LIBOR + 550) (b)(c)		5.586	%	10/15/49		1,500,000		1,532,056
Multi Family Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (b)(c)		2.036	%	03/25/50		5,079,502		5,085,385

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Multifamily - 6.0% (Continued)
Multi Family Connecticut Avenue, Series 2020-01, Class M-10 (1* 1MO LIBOR + 375) (b)(c)		3.836	%	03/25/50	$	15,000,000	$	15,560,307
Multi Family Connecticut Avenue, Series 2020-01, Class CE (1* 1MO LIBOR + 750) (b)(c)		7.586	%	03/25/50		1,500,000		1,646,347
								88,972,225
Non-Agency MBS 2.0 - 0.5%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3		1.600	%	02/25/50		3,434,633		3,435,873
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (b)		1.350	%	02/26/71		2,535,442		2,539,022
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (b)		1.850	%	02/26/71		1,913,638		1,923,225
								7,898,120
Non-QM - 0.0% (d)
Citigroup Mortgage Loan Trust, Inc., Series 2004-UST1, Class A3 (b)		2.207	%	08/25/34		5,497		5,672
Office - 1.2%
Drop Mortgage Trust, Series 2021-FILE, Class C (1* 1MO LIBOR + 225) (b)(c)		2.350	%	04/15/26		12,000,000		12,030,094
Goldman Sachs Mortgage Securities Corp. Trust, Series 2021-ROSS, Class D (c)		2.596	%	05/15/26		5,750,000		5,754,346
								17,784,440
Residential Transition Loan - 3.0%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (c)		3.280	%	03/25/25		6,275,000		6,356,569
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (c)		5.610	%	03/25/25		9,500,000		9,594,091
Antler Mortgage Trust, Series 2021-RTL1, Class M (c)		5.438	%	05/25/25		16,188,000		16,194,389
Colony American Finance Ltd., Series 2021-RTL1, Class A2 (c)		3.104	%	03/26/29		7,500,000		7,495,020

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Residential Transition Loan - 3.0% (Continued)
LHOME Mortgage Trust, Series 2021-RTL1, Class M (c)		4.458	%	09/25/26	$	5,750,000	$	5,738,977
								45,379,046
Retail - 2.8%
BB-UBS Trust, Series 2012-SHOW, Class A (c)		3.430	%	11/05/36		5,000,000		5,270,371
BX Trust, Series 2021-VIEW, Class E (c)		3.696	%	06/15/23		2,730,500		2,730,493
BX Trust, Series 2018-EXCL, Class A (1* 1MO LIBOR + 108.763) (b)(c)		1.184	%	09/15/37		10,697,243		10,616,939
BX Trust, Series 2018-EXCL, Class B (c)		1.421	%	09/15/37		621,283		607,304
BX Trust, Series 2018-EXCL, Class C (c)		2.071	%	09/15/37		2,485,130		2,411,983
Citigroup Commercial Mortgage, Series 2017-MDRB, Class D (1* 1MO LIBOR + 325) (b)(c)		3.346	%	07/15/30		9,650,000		9,575,251
Citigroup Commercial Mortgage, Series 2017-MDRB, Class A (1* 1MO LIBOR + 110) (b)(c)		1.196	%	07/15/30		304,642		303,432
Credit Suisse First Boston, Series 2018-SITE, Class C (b)(c)		4.941	%	04/17/36		4,575,000		4,732,143
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (b)(c)		1.884	%	02/15/40		2,318,006		2,329,554
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (b)(c)		2.584	%	02/15/40		1,704,416		1,717,166
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class E (1* 1MO LIBOR + 365) (b)(c)		3.734	%	02/15/40		1,681,690		1,698,477
								41,993,113
Single Family Rental - 2.7%
American Homes 4 Rent, Series 2015-SFR2, Class D (c)		5.036	%	10/18/52		1,171,000		1,273,906
AMSR Trust, Series 2020-SFR2, Class G (c)		4.000	%	07/17/37		500,000		506,791
Colony American Finance Ltd., Series 2020-4, Class B (c)		1.707	%	12/15/52		4,750,000		4,697,696
Invitation Homes Trust, Series 2018-SFR3, Class A (1* 1MO LIBOR + 100) (b)(c)		1.084	%	07/17/37		11,562,134		11,581,513
Progress Residential Trust, Series 2021-SFR1, Class B (c)		1.303	%	04/17/38		2,500,000		2,458,282
Progress Residential Trust, Series 2021-SFR1, Class E (c)		2.106	%	04/17/38		1,900,000		1,873,678

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Single Family Rental - 2.7% (Continued)
Star, Series 2021-SFR1, Class E (1* 1MO LIBOR + 170) (b)(c)		1.785	%	04/17/38	$	18,300,000	$	18,314,113
								40,705,979
Small Business - 4.7%
Credibility Asset Securitization, Series 2021-1A, Class A (c)		2.390	%	04/15/26		8,000,000		8,077,906
Credibility Asset Securitization, Series 2021-1A, Class C (c)		3.380	%	04/15/26		1,375,000		1,388,897
Credibility Asset Securitization, Series 2021-1A, Class B (c)		5.930	%	04/15/26		2,676,000		2,721,882
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (b)(c)		2.700	%	02/25/44		1,127,866		1,111,218
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (b)(c)		4.000	%	02/25/44		2,481,306		2,402,250
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (b)(c)		2.350	%	12/25/44		3,151,687		3,134,205
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (c)		2.280	%	05/17/27		3,500,000		3,521,457
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (c)		2.970	%	05/17/27		3,250,000		3,269,485
OnDeck Asset Securitization Trust, Series 2021-1A, Class D (c)		4.940	%	05/17/27		5,000,000		5,045,106
SFS Asset Securitization LLC, Series 2019-1, Class A (c)		4.238	%	06/10/25		7,400,000		7,406,488
SFS Asset Securitization LLC, Series 2019-1, Class B (c)		5.023	%	06/10/25		2,000,000		2,012,114
SFS Asset Securitization LLC, Series 2019-1, Class C (c)		6.390	%	06/10/25		746,000		746,570
Small Business Lending Trust, Series 2019-A, Class B (c)		3.420	%	07/15/26		1,383,490		1,381,686
Small Business Lending Trust, Series 2019-A, Class C (c)		4.310	%	07/15/26		8,455,000		8,403,491
Small Business Lending Trust, Series 2019-A, Class D (c)		6.300	%	07/15/26		5,000,000		4,987,470

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Small Business - 4.7% (Continued)
Small Business Lending Trust, Series 2020-A, Class A (c)		2.620	%	12/15/26	$	922,912	$	925,003
Small Business Lending Trust, Series 2020-A, Class B (c)		3.200	%	12/15/26		2,000,000		2,007,831
Small Business Lending Trust, Series 2020-A, Class C (c)		5.010	%	12/15/26		10,800,000		10,842,870
								69,385,929
Student Loan - 1.0%
College Ave Student Loans, Series 2018-A, Class B (c)		4.750	%	12/26/47		1,206,427		1,278,059
College Ave Student Loans, Series 2018-A, Class C (c)		5.500	%	12/26/47		735,599		768,697
College Ave Student Loans, Series 2019-A, Class C (c)		4.460	%	12/28/48		3,825,054		3,950,702
College Ave Student Loans, Series 2021-A, Class B (c)		2.320	%	07/25/51		2,500,000		2,510,322
College Ave Student Loans, Series 2021-A, Class D (c)		4.120	%	07/25/51		1,250,000		1,262,179
CommonBond Student Loan Trust, Series 2017-BGS, Class C (c)		4.440	%	09/25/42		98,836		102,584
Earnest Student Loan Program LLC, Series 2016-D, Class R (c)(e)(f)		0.000	%	01/25/41		5,000		500
Laurel Road Prime Student Loan, Series 2019-A, Class BFX (c)		3.000	%	10/25/48		1,842,378		1,882,044
Prodigy Finance, Series 2021-1A, Class A (c)		1.336	%	07/25/51		2,677,792		2,687,090
								14,442,177
Unsecured Consumer - 15.3%
Avant Loans Funding Trust, Series 2020-REV1, Class A (c)		2.170	%	05/15/29		4,800,000		4,824,198
Avant Loans Funding Trust, Series 2021-REV1, Class C (c)		2.300	%	07/15/30		5,000,000		5,015,017
Consumer Loan Underlying Bond Credit Trust, Series 2019-P1, Class C (c)		4.660	%	07/15/26		10,000,000		10,187,189
Consumer Loan Underlying Bond Credit Trust, Series 2019-HP1, Class B (c)		3.480	%	12/15/26		5,000,000		5,087,773

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.3% (Continued)
Freedom Financial, Series 2019-1, Class B (c)		3.870	%	06/18/26	$	339,624	$	340,483
Freedom Financial, Series 2019-2, Class C (c)		4.860	%	11/18/26		5,500,000		5,633,349
Freedom Financial, Series 2020-FP1, Class B (c)		3.060	%	03/18/27		6,750,000		6,813,405
Freedom Financial, Series 2020-FP1, Class C (c)		4.370	%	03/18/27		3,250,000		3,314,397
Freedom Financial, Series 2020-3FP, Class B (c)		4.180	%	09/20/27		3,550,355		3,583,370
Freedom Financial, Series 2020-3FP, Class C (c)		6.960	%	09/20/27		2,500,000		2,641,767
Freedom Financial, Series 2021-1CP, Class B (c)		1.410	%	03/20/28		4,000,000		4,011,600
Freedom Financial, Series 2021-1CP, Class C (c)		2.830	%	03/20/28		3,250,000		3,286,271
Freedom Financial, Series 2021-3FP, Class C (c)		1.600	%	11/20/28		5,300,000		5,307,563
Freedom Financial Trust, Series 2020-2CP, Class B (c)		5.500	%	06/18/27		2,472,766		2,520,149
Freedom Mortgage Trust, Series 2020-2CP, Class C (c)		6.000	%	06/18/27		12,585,000		13,193,160
LendingPoint Asset Securitization Trust, Series 2019-1, Class C (c)		4.504	%	08/15/25		548,331		549,256
Lendmark Funding Trust, Series 2020-2A, Class C (c)		4.690	%	04/21/31		1,000,000		1,044,514
Lendmark Funding Trust, Series 2021-1A, Class D (c)		5.050	%	11/20/31		3,000,000		3,039,017
Liberty Lending Services, Series 2021-1A, Class A (c)		1.070	%	05/15/29		9,179,526		9,171,827
Liberty Lending Services, Series 2021-1A, Class B (c)		2.170	%	05/15/29		1,650,000		1,647,907
Liberty Lending Services, Series 2021-1A, Class C (c)		3.540	%	05/15/29		6,700,000		6,689,347
LL ABS Trust, Series 2020-1, Class A (c)		2.330	%	07/15/22		2,288,922		2,301,184
LL ABS Trust, Series 2020-1, Class B (c)		3.790	%	03/15/23		7,000,000		7,154,587
LL ABS Trust, Series 2020-1, Class C (c)		6.540	%	11/15/23		2,200,000		2,361,782

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.3% (Continued)
LL ABS Trust, Series 2019-1, Class B (c)		3.520	%	03/15/27	$	3,660,288	$	3,680,431
LL ABS Trust, Series 2019-1, Class C (c)		5.070	%	03/15/27		4,500,000		4,618,727
Mariner Finance Issuance Trust, Series 2020-A, Class D (c)		5.750	%	08/21/34		8,000,000		8,149,134
Mariner Finance Issuance Trust, Series 2019-A, Class C (c)		4.010	%	07/20/32		2,120,000		2,175,258
Mariner Finance Issuance Trust, Series 2021-AA, Class D (c)		4.340	%	03/20/36		1,390,000		1,424,067
Marlette Funding Trust, Series 2019-4, Class B (c)		2.950	%	12/17/29		760,000		768,659
Oportun Funding LLC, Series 2021-B, Class A (c)		1.470	%	05/08/31		3,500,000		3,501,970
Oportun Funding LLC, Series 2021-B, Class C (c)		3.650	%	05/08/31		1,275,000		1,280,797
Oportun Funding LLC, Series 2021-B, Class D (c)		5.410	%	05/08/31		2,080,000		2,090,336
Oportun Funding XIV LLC, Series 2021-A, Class C (c)		3.440	%	03/08/28		6,950,000		7,046,924
Prosper Marketplace Issuance Trust, Series 2019-3A, Class CERT (c)		0.000	%	07/15/25		81,061,702		1,200,037
Prosper Marketplace Issuance Trust, Series 2019-3, Class B (c)		3.590	%	07/15/25		633,803		634,311
Prosper Marketplace Issuance Trust, Series 2019-4, Class B (c)		3.200	%	02/17/26		3,065,454		3,078,558
Regional Management Issuance Trust, Series 2019-1, Class C (c)		4.110	%	11/15/28		2,000,000		2,029,165
Regional Management Issuance Trust, Series 2020-1, Class A (c)		2.340	%	10/15/30		2,000,000		2,040,420
Regional Management Issuance Trust, Series 2020-1, Class B (c)		3.230	%	10/15/30		2,500,000		2,552,751
Regional Management Issuance Trust, Series 2021-1, Class B (c)		2.420	%	03/17/31		895,000		893,472
Regional Management Issuance Trust, Series 2021-1, Class C (c)		3.040	%	03/17/31		1,550,000		1,546,590

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.3% (Continued)
Upgrade Master Pass-Thru Trust, Series 2019-ST1, Class A (c)		4.000	%	07/15/25	$	1,214,079	$	1,228,706
Upgrade Master Pass-Thru Trust, Series 2019-ST3, Class A (c)		3.750	%	11/15/25		837,104		846,462
Upstart Pass Through Trust, Series 2021-ST5, Class A (c)		2.000	%	07/20/27		7,451,809		7,441,964
Upstart Pass-Through Trust, Series 2020-ST6, Class A (c)		3.000	%	01/20/27		5,897,620		5,968,645
Upstart Pass-Through Trust, Series 2021-ST4, Class A (c)		2.000	%	07/20/27		7,132,098		7,124,920
Upstart Pass-Through Trust, Series 2020-ST1, Class A (c)		3.750	%	02/20/28		2,032,807		2,072,262
Upstart Pass-Through Trust, Series 2020-ST2, Class A (c)		3.500	%	03/20/28		1,995,424		2,035,533
Upstart Pass-Through Trust, Series 2020-ST3, Class A (c)		3.350	%	04/20/28		2,454,613		2,498,603
Upstart Pass-Through Trust, Series 2021-1A, Class C (c)		1.750	%	10/20/29		4,000,000		3,997,255
Upstart Securitization Trust, Series 2021-ST1, Class A (c)		2.750	%	02/20/27		2,365,819		2,384,577
Upstart Securitization Trust, Series 2021-ST2, Class A (c)		2.500	%	04/20/27		7,469,094		7,546,685
Upstart Securitization Trust, Series 2019-2, Class B (c)		3.734	%	09/20/29		9,810,557		9,898,571
Upstart Securitization Trust, Series 2019-2, Class C (c)		4.783	%	09/20/29		5,587,000		5,698,367
Upstart Securitization Trust, Series 2019-3, Class B (c)		3.829	%	01/21/30		4,500,000		4,559,569
Upstart Securitization Trust, Series 2021-1, Class B (c)		1.890	%	03/20/31		1,850,000		1,859,605
Upstart Securitization Trust, Series 2021-1, Class C (c)		4.060	%	03/20/31		1,000,000		1,027,162

Diamond Hill Short Duration Securitized Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 81.4% (Continued)	Coupon			Maturity	Shares / Par Value		Fair Value
Unsecured Consumer - 15.3% (Continued)
Upstart Securitization Trust, Series 2021-2, Class B (c)		1.750	%	06/20/31	$	3,250,000	$	3,256,767
								227,876,372
Total Securitized (Cost $1,203,885,672)							$	1,215,606,339

Registered Investment Companies - 14.1%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund, Premier Class, 0.04% (g)		202,600,468	$	202,640,988
State Street Navigator Securities Lending Portfolio I, 0.09% (g)(h)		7,465,840		7,465,840
Total Registered Investment Companies(Cost $210,002,134)			$	210,106,828
Total Investment Securities - 99.9% (Cost $1,479,822,222)			$	1,492,223,328
Other Assets in Excess of Liabilities - 0.1%				1,768,039
Net Assets - 100.0%			$	1,493,991,367

(a)	All or a portion of the security is on loan. The total fair value of the securities on loan as of September 30, 2021 was $7,278,946.
(b)	Variable rate security. The rate shown is the effective interest rate as of September 30, 2021. The benchmark on which the rate is calculated is shown parenthetically, if applicable. Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, pre repayment of underlying positions and/or other variables. These securities do not indicate a reference rate and spread in their description above.
(c)	Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of September 30, 2021 was $1,187,642,138, representing 79.5% of net assets.
(d)	Percentage rounds to less than 0.1%.
(e)	Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of September 30, 2021 was $21,009,506, representing 1.4% of net assets.
(f)	Security is fair valued under procedures established by the Board of Trustees. The total value of these securities is $500, representing 0.0%(d) of net assets.
(g)	The rate shown is the 7-day effective yield as of September 30, 2021.
(h)	This security was purchased with cash collateral held from securities on loan.

A/S -	Aktieselskab
IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association
PO -	Principal Only
REIT -	Real Estate Investment Trust
SOFR -	Secured Overnight Financing Rate

Diamond Hill Core Bond Fund

Schedule of Investments

September 30, 2021 (Unaudited)

Corporate Credit - 17.1%	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 5.9%
Bank of America Corp. (3MO LIBOR + 102.1) (a)		2.881	%		04/24/23	$	100,000	$	101,369
Bank of America Corp. (b)		1.486	%		05/19/24		830,000		842,299
Bank of America Corp. (3MO LIBOR + 97) (a)		3.458	%		03/15/25		425,000		452,163
Bank of America Corp.		3.875	%		08/01/25		300,000		330,616
Bank of America Corp. (3MO LIBOR + 64) (a)		2.015	%		02/13/26		400,000		410,389
Bank of America Corp. (SOFR + 115) (a)		1.319	%		06/19/26		150,000		149,963
Bank of America Corp. (SOFR + 91) (a)		1.658	%		03/11/27		250,000		251,435
Bank of America Corp. (3MO LIBOR + 157.5) (a)		3.824	%		01/20/28		100,000		110,355
Bank of America Corp. (SOFR + 215) (a)		2.592	%		04/29/31		450,000		459,283
Bank of Montreal France		0.949	%		01/22/27		630,000		620,193
Bank of New York Mellon Corp. (The), Series MTN		1.850	%		01/27/23		200,000		203,812
Bank of New York Mellon Corp. (The)		3.000	%		10/30/28		100,000		108,064
Bank of Nova Scotia		1.950	%		02/01/23		130,000		132,770
Bank of Nova Scotia		0.400	%		09/15/23		650,000		649,838
Canadian Imperial Bank of Commerce (3MO LIBOR + 78.5) (a)		2.606	%		07/22/23		100,000		101,766
Capital One Financial Corp.		2.600	%		05/15/23		200,000		206,761
Capital One Financial Corp.		3.750	%		07/28/26		100,000		109,775
Citigroup, Inc (SOFR + 166.7) (a)		1.678	%		05/15/24		500,000		509,726
Citigroup, Inc. (3MO LIBOR + 89.66) (a)		3.352	%		04/24/25		200,000		212,430
Citigroup, Inc.		3.300	%		04/27/25		100,000		107,783
Citigroup, Inc. (3MO LIBOR + 125) (a)		1.395	%		07/01/26		100,000		103,169
Citigroup, Inc. (3MO LIBOR + 156.3) (a)		3.887	%		01/10/28		500,000		552,515
Citigroup, Inc.		4.125	%		07/25/28		150,000		167,436
Citigroup, Inc. (SOFR + 142.2) (a)		2.976	%		11/05/30		180,000		189,250
Citigroup, Inc. (SOFR + 454.8) (a)		5.316	%		03/26/41		100,000		132,766
Citizens Financial Group		2.850	%		07/27/26		225,000		238,876
Comerica Bank, Series BKNT (b)		2.500	%		07/23/24		250,000		262,145
Cooperatieve Rabobank UA (c)		2.625	%		07/22/24		250,000		262,380
Discover Bank		4.650	%		09/13/28		700,000		810,653
Discover Bank		2.700	%		02/06/30		250,000		259,273
Discover Financial Services		4.100	%		02/09/27		100,000		111,394

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 5.9% (Continued)
Eaton Vance Corp.		3.625	%		06/15/23	$	478,000	$	502,213
Fifth Third Bancorp (b)		2.375	%		01/28/25		275,000		285,901
First Horizon Bank (b)		5.750	%		05/01/30		250,000		305,407
Goldman Sachs Group, Inc.		0.657	%		09/10/24		375,000		375,062
Goldman Sachs Group, Inc.		3.500	%		01/23/25		405,000		433,808
Goldman Sachs Group, Inc.		3.500	%		04/01/25		250,000		268,776
Goldman Sachs Group, Inc.		3.500	%		11/16/26		350,000		378,217
Goldman Sachs Group, Inc. (SOFR + 78.9) (a)		1.093	%		12/09/26		250,000		246,356
Goldman Sachs Group, Inc.		3.800	%		03/15/30		500,000		556,604
Goldman Sachs Group, Inc. (SOFR + 128.1) (a)		2.615	%		04/22/32		800,000		809,672
Huntington Bancshares, Inc.		2.625	%		08/06/24		125,000		131,109
JPMorgan Chase & Co. (3MO LIBOR + 100) (a)		1.126	%		01/15/23		100,000		100,387
JPMorgan Chase & Co. (SOFR + 60) (a)		0.653	%		09/16/24		150,000		150,375
JPMorgan Chase & Co. (3MO LIBOR + 100) (a)		4.023	%		12/05/24		550,000		589,094
JPMorgan Chase & Co. (SOFR + 80) (a)		1.045	%		11/19/26		500,000		492,416
JPMorgan Chase & Co. (SOFR + 88.5) (a)		1.578	%		04/22/27		400,000		400,811
JPMorgan Chase & Co.		1.470	%		09/22/27		400,000		397,440
JPMorgan Chase & Co. (3MO LIBOR + 133.7) (a)		3.782	%		02/01/28		100,000		110,191
JPMorgan Chase & Co. (3MO LIBOR + 94.5) (a)		3.509	%		01/23/29		100,000		108,781
JPMorgan Chase & Co. (SOFR + 151) (a)		2.739	%		10/15/30		100,000		103,562
JPMorgan Chase & Co. (SOFR + 204) (a)		2.522	%		04/22/31		750,000		765,152
KeyBank NA (SOFR + 34) (a)(b)		0.423	%		01/03/24		500,000		499,961
KeyCorp (b)		2.550	%		10/01/29		385,000		400,699
Morgan Stanley (SOFR + 45.5) (a)		0.529	%		01/25/24		500,000		500,360
Morgan Stanley (3MO LIBOR + 84.7) (a)		3.737	%		04/24/24		100,000		104,927
Morgan Stanley		3.700	%		10/23/24		100,000		108,471
Morgan Stanley		3.875	%		01/27/26		500,000		553,498
Morgan Stanley		3.125	%		07/27/26		100,000		107,628
Morgan Stanley		3.625	%		01/20/27		100,000		110,234
Morgan Stanley, Series GMTN (SOFR + 114.3) (a)		2.699	%		01/22/31		175,000		180,441
Morgan Stanley (SOFR + 103.4) (a)		1.794	%		02/13/32		500,000		476,195
PNC Bank NA (3MO LIBOR + 32.3) (a)(b)		1.743	%		02/24/23		250,000		251,468
PNC Bank NA		2.700	%		10/22/29		250,000		262,158

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Banking - 5.9% (Continued)
PNC Financial Services		2.600	%		07/23/26	$	250,000	$	265,711
Regions Financial Corp.		2.250	%		05/18/25		275,000		285,794
Royal Bank of Canada, Series GMTN		1.950	%		01/17/23		250,000		255,262
Royal Bank of Canada		1.150	%		06/10/25		365,000		365,694
Royal Bank of Canada		1.150	%		07/14/26		200,000		198,524
State Street Corp. (SOFR + 94) (a)		2.354	%		11/01/25		175,000		182,893
Toronto-Dominion Bank (The) (SOFR + 48) (a)		0.530	%		01/27/23		425,000		427,160
Toronto-Dominion Bank (The)		0.750	%		01/06/26		350,000		344,449
Toronto-Dominion Bank (The)		1.200	%		06/03/26		200,000		199,445
Truist Financial Corp. (b)		2.150	%		12/06/24		250,000		260,506
Truist Financial Corp. (SOFR + 60.9) (a)		1.267	%		03/02/27		600,000		597,867
Truist Financial Corp.		1.887	%		06/07/29		500,000		499,513
US Bancorp		2.400	%		07/30/24		350,000		366,663
Wells Fargo & Co.		3.550	%		09/29/25		925,000		1,007,705
Wells Fargo & Co. (SOFR + 200) (a)		2.188	%		04/30/26		275,000		283,837
Wells Fargo & Co. (SOFR + 210) (a)		2.393	%		06/02/28		250,000		257,860
									26,026,904
Basic Industry - 0.4%
Air Products and Chemicals, Inc.		1.850	%		05/15/27		475,000		489,366
FMC Corp.		3.450	%		10/01/29		300,000		323,765
Nucor Corp.		2.000	%		06/01/25		250,000		257,356
PPG Industries, Inc.		2.400	%		08/15/24		110,000		115,042
PPG Industries, Inc.		2.550	%		06/15/30		300,000		307,937
Sherwin-Williams Co. (b)		2.300	%		05/15/30		250,000		252,352
									1,745,818
Brokerage Asset Managers Exchanges - 0.3%
Ameriprise Financial, Inc.		3.000	%		04/02/25		250,000		265,575
CBOE Holdings, Inc.		3.650	%		01/12/27		100,000		110,200
Charles Schwab Corp. (The)		0.900	%		03/11/26		500,000		495,585
International Exchange, Inc.		0.700	%		06/15/23		275,000		276,161
									1,147,521
Capital Goods - 0.3%
Carrier Global Corp. (b)		2.700	%		02/15/31		250,000		257,409
General Electric Capital Corp.		6.750	%		03/15/32		300,000		410,363
L3 Harris Technologies, Inc.		3.850	%		12/15/26		50,000		55,291

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Capital Goods - 0.3% (Continued)
Lennox International, Inc.		3.000	%		11/15/23	$	100,000	$	104,502
Republic Services, Inc.		2.500	%		08/15/24		200,000		209,435
Waste Management, Inc.		1.150	%		03/15/28		300,000		288,878
									1,325,878
Communications - 1.5%
American Tower Corp. (b)		1.450	%		09/15/26		300,000		298,605
American Tower Corp.		3.800	%		08/15/29		100,000		110,890
American Tower Corp.		2.100	%		06/15/30		100,000		97,857
AT&T, Inc.		2.300	%		06/01/27		650,000		672,734
AT&T, Inc.		2.550	%		12/01/33		114,000		112,155
AT&T, Inc.		4.500	%		05/15/35		100,000		117,064
British Telecommunications plc (b)(c)		3.250	%		11/08/29		275,000		287,710
Comcast Corp.		3.950	%		10/15/25		750,000		831,986
Comcast Corp.		4.150	%		10/15/28		414,000		476,114
Comcast Corp.		2.650	%		02/01/30		100,000		104,330
Comcast Corp. (b)		1.950	%		01/15/31		250,000		245,335
Comcast Corp.		3.969	%		11/01/47		144,000		164,421
Deutsche Telekom International Finance (c)		4.750	%		06/21/38		100,000		121,898
Twenty-First Century Fox, Inc.		4.030	%		01/25/24		50,000		53,647
Verizon Communications, Inc. (3MO LIBOR + 110) (a)		1.225	%		05/15/25		100,000		102,730
Verizon Communications, Inc.		4.125	%		03/16/27		100,000		113,489
Verizon Communications, Inc.		3.000	%		03/22/27		120,000		128,782
Verizon Communications, Inc.		1.750	%		01/20/31		500,000		475,245
Verizon Communications, Inc. (c)		2.355	%		03/15/32		1,237,000		1,223,324
Verizon Communications, Inc.		2.987	%		10/30/56		143,000		132,041
Walt Disney Co. (The)		1.750	%		08/30/24		175,000		180,425
Walt Disney Co. (The)		2.000	%		09/01/29		550,000		554,950
Walt Disney Co. (The)		3.800	%		03/22/30		100,000		113,655
									6,719,387
Consumer Cyclical - 0.9%
BMW US Capital, LLC (c)		3.900	%		04/09/25		300,000		327,780
CVS Health Corp.		3.750	%		04/01/30		500,000		555,477
CVS Health Corp.		5.050	%		03/25/48		250,000		321,801
Daimler Finance LLC (b)(c)		1.750	%		03/10/23		275,000		279,991

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Consumer Cyclical - 0.9% (Continued)
Ford Motor Co.		4.346	%		12/08/26	$	100,000	$	106,500
Ford Motor Co.		7.450	%		07/16/31		75,000		97,864
General Motors Financial Co., Inc.		4.300	%		07/13/25		700,000		768,119
General Motors Financial Co., Inc.		4.000	%		10/06/26		100,000		110,128
Home Depot, Inc. (The) (b)		1.500	%		09/15/28		300,000		296,468
Home Depot, Inc. (The)		3.500	%		09/15/56		100,000		111,830
Toyota Motor Credit Corp.		0.500	%		06/18/24		500,000		497,576
Toyota Motor Credit Corp. (b)		0.800	%		01/09/26		300,000		295,976
Walgreens Boots Alliance, Inc.		3.200	%		04/15/30		250,000		267,661
									4,037,171
Consumer Non-Cyclical - 0.9%
Abbott Laboratories		4.750	%		11/30/36		100,000		127,236
AbbVie, Inc.		2.950	%		11/21/26		335,000		358,834
AbbVie, Inc.		4.550	%		03/15/35		100,000		119,841
Amgen, Inc.		1.900	%		02/21/25		310,000		318,934
Anheuser-Busch Cos., LLC		4.700	%		02/01/36		100,000		120,844
Anheuser-Busch InBev SA/NV		4.750	%		01/23/29		100,000		117,728
Anheuser-Busch InBev SA/NV (b)		3.500	%		06/01/30		600,000		657,152
Kimberly-Clark Corp.		3.950	%		11/01/28		100,000		114,652
Kroger Co. (The)		2.650	%		10/15/26		100,000		106,058
Kroger Co. (The)		2.200	%		05/01/30		125,000		125,587
Kroger Co. (The)		1.700	%		01/15/31		550,000		525,216
Laboratory Corp. of American Holdings		1.550	%		06/01/26		375,000		375,735
Mondelēz International, Inc. (b)(c)		1.250	%		09/24/26		300,000		297,766
Zoetics, Inc., Series 4006		2.000	%		05/15/30		525,000		520,135
									3,885,718
Electric - 1.6%
Ameren Corp.		2.500	%		09/15/24		130,000		135,870
American Electric Power, Inc. (b)		1.000	%		11/01/25		500,000		494,340
Berkshire Hathaway Energy Corp. (b)		1.650	%		05/15/31		500,000		478,876
CMS Energy Corp.		2.950	%		02/15/27		100,000		105,642
Dominion Energy, Inc.		1.450	%		04/15/26		750,000		752,434
DTE Energy Co., Series C		2.529	%		10/01/24		150,000		156,514
DTE Energy Co., Series E		2.850	%		10/01/26		100,000		105,983
DTE Energy Co., Series H		2.950	%		03/01/30		125,000		130,526

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Electric - 1.6% (Continued)
Duke Energy Indiana LLC		2.750	%		04/01/50	$	370,000	$	353,881
Duke Energy Progress, Inc.		2.000	%		08/15/31		600,000		589,590
Georgia Power Co., Series 2020-A		2.100	%		07/30/23		230,000		236,809
MidAmerican Energy Co.		3.650	%		04/15/29		350,000		391,643
Northern States Power Co. of Wisconsin (b)		2.250	%		04/01/31		500,000		508,642
Northern States Power Co. of Wisconsin		2.900	%		03/01/50		125,000		125,560
Oncor Electric Delivery Co. LLC		3.750	%		04/01/45		490,000		557,400
PECO Energy Co.		3.000	%		09/15/49		200,000		200,804
PPL Electric Utilities (b)		3.000	%		10/01/49		160,000		163,692
Public Service Electric & Gas Co.		2.250	%		09/15/26		100,000		104,285
Southwestern Electric Power		2.750	%		10/01/26		100,000		105,168
WEC Energy Group, Inc.		0.800	%		03/15/24		700,000		702,161
Wisconsin Power & Light		1.950	%		09/16/31		800,000		787,190
									7,187,010
Energy - 0.9%
BP Capital Markets plc		3.194	%		04/06/25		175,000		187,327
Chevron Corp.		1.995	%		05/11/27		500,000		515,755
Cimarex Energy Co.		3.900	%		05/15/27		100,000		109,412
Diamondback Energy, Inc.		3.250	%		12/01/26		200,000		214,170
Energy Transfer Operating LP		4.500	%		04/15/24		75,000		81,107
Exxon Mobil Corp.		2.992	%		03/19/25		240,000		256,034
Helmerich & Payne, Inc. (c)		2.900	%		09/29/31		650,000		651,501
Phillips 66 Partners LP		3.700	%		04/06/23		250,000		261,873
Phillips 66 Partners LP		2.450	%		12/15/24		100,000		103,747
Phillips 66 Partners LP		3.550	%		10/01/26		100,000		107,746
Royal Dutch Shell plc (b)		2.375	%		11/07/29		320,000		332,408
Shell International Finance BV		6.375	%		12/15/38		73,000		107,736
Suncor Energy, Inc.		2.800	%		05/15/23		300,000		310,477
Total Capital International SA		2.829	%		01/10/30		120,000		127,965
Valero Energy Corp.		2.700	%		04/15/23		250,000		258,056
Valero Energy Corp.		3.400	%		09/15/26		100,000		107,588
									3,732,902
Insurance - 1.9%
Allstate Corp. (The)		0.750	%		12/15/25		1,000,000		987,667
Athene Global Funding (c)		2.500	%		01/14/25		225,000		233,881

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Insurance - 1.9% (Continued)
Equitable Financial Life (c)		1.800	%		03/08/28	$	609,000	$	605,086
Lincoln National Corp.		3.625	%		12/12/26		100,000		109,879
MassMutual Global Funding (c)		1.200	%		07/16/26		400,000		396,362
MassMutual Global Funding (c)		2.150	%		03/09/31		500,000		502,974
Met Life Global Funding I (b)(c)		0.900	%		06/08/23		250,000		252,414
Met Life Global Funding I (c)		1.550	%		01/07/31		500,000		475,514
New York Life Global Funding (c)		2.900	%		01/17/24		100,000		105,389
New York Life Global Funding (c)		2.350	%		07/14/26		50,000		52,146
New York Life Global Funding (c)		1.200	%		08/07/30		1,250,000		1,170,982
Pacific Life Global Fund II (c)		1.450	%		01/20/28		500,000		491,445
Pricoa Global Funding (c)		3.450	%		09/01/23		160,000		169,122
Principal Life Global Funding II (c)		1.250	%		06/23/25		525,000		525,875
Principal Life Global Funding II (c)		0.875	%		01/12/26		500,000		490,207
Progressive Corp.		3.200	%		03/26/30		240,000		261,959
Protective Life Global Funding (c)		1.900	%		07/05/28		650,000		650,888
Protective Life Global Funding (c)		1.737	%		09/21/30		1,100,000		1,066,966
									8,548,756
Natural Gas - 0.1%
Atmos Energy Corp.		2.625	%		09/15/29		310,000		321,757
Other Utility - 0.3%
American Water Capital Corp.		2.800	%		05/01/30		300,000		314,671
American Water Capital Corp.		2.300	%		06/01/31		825,000		833,453
									1,148,124
REITS - 1.0%
Alexandria Real Estate Equities, Inc.		3.950	%		01/15/28		100,000		112,257
American Campus Communities, Inc.		3.750	%		04/15/23		309,000		321,664
American Campus Communities, Inc.		3.625	%		11/15/27		100,000		109,175
American Homes 4 Rent		4.250	%		02/15/28		100,000		113,204
Boston Properties LP		2.750	%		10/01/26		50,000		52,744
CubeSmart LP		3.125	%		09/01/26		50,000		53,190
CubeSmart LP		3.000	%		02/15/30		280,000		294,578
CubeSmart LP (b)		2.000	%		02/15/31		200,000		194,486
ERP Operating LP		2.850	%		11/01/26		100,000		106,327
ERP Operating LP (b)		2.500	%		02/15/30		150,000		154,571

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
REITS - 1.0% (Continued)
Life Storage LP		3.875	%		12/15/27	$	100,000	$	112,168
Public Storage		1.850	%		05/01/28		800,000		810,862
Realty Income Corp.		3.875	%		04/15/25		100,000		109,542
Realty Income Corp.		0.750	%		03/15/26		625,000		610,078
Realty Income Corp.		3.000	%		01/15/27		100,000		107,076
Simon Property Group LP		2.000	%		09/13/24		320,000		331,220
Spirit Realty LP		4.450	%		09/15/26		100,000		111,678
Spirit Realty LP (b)		2.100	%		03/15/28		250,000		248,701
Spirit Realty LP		4.000	%		07/15/29		60,000		66,471
Spirit Realty LP		3.200	%		02/15/31		250,000		259,596
									4,279,588
Technology - 0.5%
Apple, Inc.		3.000	%		06/20/27		100,000		109,474
Apple, Inc.		2.200	%		09/11/29		250,000		257,418
Apple, Inc.		1.650	%		05/11/30		300,000		294,309
Dell International LLC / EMC Corp.		5.300	%		10/01/29		100,000		120,882
Fidelity National Information Services (b)		1.650	%		03/01/28		300,000		296,192
Oracle Corp.		2.800	%		04/01/27		300,000		317,814
Oracle Corp.		2.300	%		03/25/28		300,000		306,741
Oracle Corp.		3.250	%		05/15/30		500,000		535,029
									2,237,859
Transportation - 0.6%
Alaska Airlines, Series 2020-1B, Class A (c)		4.800	%		08/15/27		138,239		153,933
American Airlines Pass-Through Trust, Series 2016-2, Class AA		3.200	%		12/15/29		354,150		356,436
CSX Corp.		4.250	%		11/01/66		100,000		121,729
FedEx Corp. (b)		2.400	%		05/15/31		500,000		504,325
FedEx Corp.		1.875	%		02/20/34		496,927		491,002
Kirby Corp.		4.200	%		03/01/28		100,000		109,856
Southwest Airlines Co. (b)		3.000	%		11/15/26		100,000		106,172
U.S. Airways Pass-Through Trust, Series 2011-1, Class A		7.125	%		04/22/25		30,201		32,140
United Airlines Pass-Through Trust, Series 2007-1, Class A		6.636	%		01/02/24		20,871		21,463

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Corporate Credit - 17.1% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Transportation - 0.6% (Continued)
United Airlines Pass-Through Trust, Series 2020-1, Class B		4.875	%		07/15/27	$	467,125	$	494,658
United Airlines Pass-Through Trust, Series 2020-1, Class A		5.875	%		04/15/29		278,243		311,365
									2,703,079
Total Corporate Credit (Cost $73,669,744)								$	75,047,472

Government Related - 0.2%	Coupon			Maturity		Shares / Par Value		Fair Value
Government Owned, No Guarantee - 0.2%
Tennessee Valley Authority (Cost $771,155)		4.625	%		09/15/60	$	525,000	$	762,778

Securitized - 62.7%	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.4%
BXG Receivables, Series 2018-A, Class C (c)		4.440	%		02/02/34	$	319,851	$	333,811
Cascade Funding Mortgage Trust, Series 2021-GRN1, Class B (c)		1.830	%		03/20/41		1,000,000		987,411
Diamond Resorts Owner Trust, Series 2019-1, Class B (c)		3.530	%		02/20/32		122,507		125,814
Diamond Resorts Owner Trust, Series 2021-1A, Class B (c)		2.050	%		11/21/33		612,545		616,829
Diamond Resorts Owner Trust, Series 2021-1A, Class C (c)		2.700	%		11/21/33		367,527		371,176
FMC GMSR Issuer Trust, Series 2019-GT2, Class A (c)		4.230	%		09/25/24		400,000		399,033
FMC GMSR Issuer Trust, Series 2020-GT1, Class A (a)(c)		4.450	%		01/25/26		1,000,000		993,239
FMC GMSR Issuer Trust, Series 2021-GT1, Class A (c)		3.620	%		07/25/26		1,250,000		1,246,734
Gold Key Resorts LLC, Series 2014-A, Class A (c)		3.220	%		03/17/31		12,065		12,204
GoodGreen Trust, Series 2017-1A, Class A (c)		3.740	%		10/15/52		67,990		71,496

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.4% (Continued)
GoodGreen Trust, Series 2020-1A, Class A (c)		2.630	%		04/15/55	$	391,166	$	397,372
Helios Issuer LLC, Series 2019-AA, Class A (c)		3.750	%		06/20/46		107,249		112,176
Helios Issuer LLC, Series 2020-4, Class A (c)		2.980	%		06/20/47		252,593		262,033
Helios Issuer LLC, Series 2021-A, Class A (c)		1.800	%		02/20/48		588,182		586,998
Hero Funding Trust, Series 2016-2A, Class A (c)		3.750	%		09/20/41		125,316		130,303
Hero Funding Trust, Series 2016-3A, Class A1 (c)		3.080	%		09/20/42		161,421		165,688
Hero Funding Trust, Series 2016-3B, Class B (c)		5.240	%		09/20/42		153,754		153,918
Hero Funding Trust, Series 2016-4A, Class A1 (c)		3.570	%		09/20/47		183,270		187,445
Hero Funding Trust, Series 2016-4B, Class B (c)		4.990	%		09/20/47		96,538		98,486
Hero Funding Trust, Series 2017-3A, Class A1 (c)		3.190	%		09/20/48		163,038		169,345
Hero Funding Trust, Series 2018-1A, Class A2 (c)		4.670	%		09/20/48		63,383		67,706
Hilton Grand Vacations Trust, Series 2020-A, Class B (c)		4.220	%		02/25/39		333,081		355,338
Holiday Inn Timeshare Trust, Series 2020-A, Class C (c)		3.420	%		10/09/39		516,763		533,790
Loanpal Solar Loan Ltd., Series 2020-3GS, Class B (c)		3.450	%		12/20/47		600,000		630,323
Loanpal Solar Loan Ltd., Series 2021-1GS, Class A (c)		2.290	%		01/20/48		622,940		629,415
Loanpal Solar Loan Ltd., Series 2021-1GS, Class B (c)		2.840	%		01/20/48		1,000,000		1,020,727
Loanpal Solar Loan Ltd., Series 2021-2GS, Class A (c)		2.220	%		03/20/48		886,812		886,863
Mill City Solar Loan Ltd., Series 2019-2GS, Class A (c)		3.690	%		07/20/43		161,494		171,749
Mosaic Solar Loans LLC, Series 2018-1, Class A (c)		4.010	%		06/22/43		95,381		102,232

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
ABS-Other - 4.4% (Continued)
Mosaic Solar Loans LLC, Series 2017-2, Class B (c)		4.770	%		06/22/43	$	56,148	$	60,390
Mosaic Solar Loans LLC, Series 2020-1, Class A (c)		2.100	%		04/20/46		239,493		242,557
MVW Own Trust, Series 2021-1WA, Class B (c)		1.440	%		01/22/41		322,014		321,705
MVW Own Trust, Series 2021-1WA, Class C (c)		1.940	%		01/22/41		598,026		600,122
Ocwen Master Advance Receivables, Series 2020-T1, Class A-T1 (c)		1.300	%		08/15/52		670,000		669,657
PNMAC GMSR Issuer Trust, Series 2018-GT2, Class NT (1* 1MO LIBOR + 265) (a)(c)		2.736	%		08/25/23		1,000,000		998,641
Renew Financial LLC, Series 2017-1, Class A (c)		3.670	%		09/20/52		378,724		396,489
Renew Financial LLC, Series 2017-1, Class B (c)		5.750	%		09/20/52		30,126		30,847
Renew Financial LLC, Series 2017-2, Class A (c)		3.220	%		09/22/53		43,256		45,023
SPS Servicer Advance Receivables, Series 2020-T1, Class DT1 (c)		2.370	%		11/15/52		199,000		200,000
SPS Servicer Advance Receivables, Series 2020-T2, Class D (c)		3.160	%		11/15/55		494,000		490,395
Sunnova Solar Issuer LLC, Series 2020-2A, Class A (c)		2.730	%		11/01/55		1,086,316		1,102,211
TES LLC, Series 2017-1, Class A (c)		4.330	%		10/20/47		285,752		302,530
Westgate Resorts, Series 2018-1, Class B (c)		3.580	%		12/20/31		63,460		64,159
Westgate Resorts, Series 2018-1, Class C (c)		4.100	%		12/20/31		63,460		63,931
Westgate Resorts, Series 2020-1, Class B (c)		3.963	%		03/20/34		778,299		801,097
Westgate Resorts, Series 2020-1A, Class C (c)		6.213	%		03/20/34		1,105,208		1,161,282
									19,370,690
Agency CMBS - 2.6%
FARM Mortgage Trust, Series 2021-1, Class A (c)		2.180	%		01/25/51		6,250,000		6,221,803
FNMA, Pool #AN3047		2.370	%		10/01/26		126,866		133,392
FNMA, Pool #BM6011		3.353	%		11/01/26		1,226,136		1,336,643
FNMA, Series 2019-M21, Class 1A1		1.950	%		04/25/28		519,135		537,953
FNMA, Pool #AN3598		2.550	%		12/01/28		272,805		290,834
FNMA, Pool #BL4548		2.430	%		10/01/29		192,464		203,414
FNMA, Pool #FN 464107		4.820	%		12/01/29		121,330		136,323

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency CMBS - 2.6% (Continued)
FNMA, Pool #FN AM9491		3.550	%		08/01/30	$	171,573	$	191,512
FNMA, Pool #AN6149		3.140	%		07/01/32		750,000		832,938
FNMA, Pool #AN7612		3.280	%		12/01/32		250,000		278,769
FNMA, Pool #FN 469130		4.870	%		10/01/41		127,458		145,173
FNMA, Pool #FN AM5015		4.940	%		12/01/43		756,702		889,598
									11,198,352
Agency MBS CMO - 19.1%
FHLMC, Series 306, Class F3, Pool #FG S20432 (1* 1MO LIBOR + 30) (a)		0.384	%		05/15/28		69,340		68,561
FHLMC, Series 4847, Class CV		3.500	%		02/15/30		431,085		462,341
FHLMC, Series 2646, Class ZH		5.000	%		07/15/33		123,775		151,483
FHLMC, Series 4265, Class FD (1* 1MO LIBOR + 40) (a)		0.484	%		01/15/35		289,594		291,887
FHLMC, Series 2006-71, Class ZH		6.000	%		07/25/36		342,268		400,791
FHLMC, Series 4613, Class AF (1* 1MO LIBOR + 110) (a)		1.184	%		11/15/37		94,933		95,941
FHLMC, Series 3605, Class PB		4.500	%		11/15/39		80,840		89,678
FHLMC, Series 3617, Class PC		4.500	%		12/15/39		91,501		101,542
FHLMC, Series 3740, Class FC (1* 1MO LIBOR + 50) (a)		0.584	%		10/15/40		98,750		99,967
FHLMC, Series 3759, Class ME		4.000	%		11/15/40		555,000		586,688
FHLMC, Series 3811, Class TA		5.000	%		02/15/41		262,142		301,703
FHLMC, Series 3895, Class BF (1* 1MO LIBOR + 50) (a)		0.584	%		07/15/41		95,395		96,453
FHLMC, Series 4116, Class UB		2.500	%		05/15/42		1,000,000		1,018,120
FHLMC, Series 4074, Class JY		2.500	%		07/15/42		475,000		490,695
FHLMC, Series 4165, Class ZT		3.000	%		02/15/43		192,047		192,038
FHLMC, Series 4180, Class ZB		3.000	%		03/15/43		321,754		322,391
FHLMC, Series 4210, Class Z		3.000	%		05/15/43		407,276		424,169
FHLMC, Series 4447, Class YZ		4.000	%		08/15/43		1,518,909		1,663,442
FHLMC, Series 4333, Class GL		3.500	%		04/15/44		250,000		277,505
FHLMC, Series 4408, Class BC		3.000	%		11/15/44		1,020,410		1,064,454
FHLMC, Series 4673, Class PH		3.500	%		01/15/45		410,411		427,212
FHLMC, Series 4473, Class Z		3.000	%		05/15/45		386,868		404,178

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 19.1% (Continued)
FHLMC, Series 4731, Class EA		3.000	%		10/15/45	$	223,228	$	232,512
FHLMC, Series 4531, Class PZ		3.500	%		11/15/45		1,341,395		1,412,881
FHLMC, Series 4738, Class TW		3.000	%		11/15/46		1,385,000		1,467,808
FHLMC, Series 4857, Class H		4.000	%		11/15/46		471,592		486,585
FHLMC, Series 4736, Class CL		3.000	%		12/15/47		441,240		469,761
FHLMC, Series 4753, Class EZ		3.500	%		12/15/47		1,999,442		2,129,730
FHLMC, Series 4745, Class CZ		3.500	%		01/15/48		2,622,080		2,839,011
FHLMC, Series 4801, Class ZN		4.000	%		05/15/48		1,142,378		1,232,079
FHLMC, Series 4941, Class NW		2.500	%		05/25/49		758,520		756,062
FHLMC, Series 4911, Class JM		3.500	%		09/25/49		1,000,000		1,103,369
FHLMC, Series 5011, Class DB		2.000	%		09/25/50		262,000		228,165
FHLMC, Series 4377, Class KZ		3.500	%		02/15/52		798,584		890,629
FNMA, Series 2010-155, Class JH		4.000	%		12/25/28		120,000		130,617
FNMA, Series 2018-091, Class VL		3.500	%		10/20/29		1,553,414		1,662,371
FNMA, Series 2013-35, Class YT		6.500	%		09/25/32		212,317		247,347
FNMA, Series 2012-129, Class HT		2.000	%		12/25/32		90,487		90,727
FNMA, Series 2002-86, Class PG		6.000	%		12/25/32		69,535		81,509
FNMA, Series 2004-56, Class Z		7.500	%		03/25/34		128,383		155,706
FNMA, Series 2004-17, Class BA		6.000	%		04/25/34		244,941		302,473
FNMA, Series 2005-3, Class CG		5.500	%		02/25/35		159,075		177,725
FNMA, Series 2005-62, Class ZL		5.500	%		07/25/35		282,383		317,201
FNMA, Series 2006-56, Class DC (1* 1MO LIBOR + 65) (a)		0.736	%		07/25/36		560,563		564,411
FNMA, Series 2009-19, Class TD		5.000	%		08/25/36		93,863		106,192
FNMA, Series 2007-95, Class A3		0.339	%		08/27/36		1,600,000		1,493,102
FNMA, Series 2006-108, Class FD (1* 1MO LIBOR + 38) (a)		0.466	%		11/25/36		134,259		135,967
FNMA, Series 2007-39, Class NB		4.250	%		05/25/37		128,953		138,701
FNMA, Series 2008-60, Class JC		5.000	%		07/25/38		209,385		236,492
FNMA, Series 2009-103, Class MB		2.107	%		12/25/39		43,990		45,923
FNMA, Series 2010-2, Class LC		5.000	%		02/25/40		200,000		230,596
FNMA, Series 2011-14, Class PB		5.000	%		03/25/41		570,000		652,375
FNMA, Series 2011-57, Class PD		4.000	%		07/25/41		321,407		363,915
FNMA, Series 2011-62, Class UA		4.500	%		07/25/41		818,071		870,615
FNMA, Series 2012-9, Class FC (1* 1MO LIBOR + 40) (a)		0.486	%		02/25/42		133,456		134,853

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 19.1% (Continued)
FNMA, Series 2013-34, Class GP		3.000	%		05/25/42	$	524,586	$	535,056
FNMA, Series 2012-52, Class PQ		3.500	%		05/25/42		1,723,989		1,864,359
FNMA, Series 2012-79, Class QB		2.000	%		07/25/42		263,113		266,479
FNMA, Series 2003-W2, Class 1-1A		6.500	%		07/25/42		756,547		877,719
FNMA, Series 2012-84, Class JL		2.000	%		08/25/42		42,796		40,272
FNMA, Series 411, Class A3		3.000	%		08/25/42		123,453		130,981
FNMA, Series 2012-99, Class UY		2.500	%		09/25/42		329,000		336,823
FNMA, Series 2016-32, Class GO (PO)		0.000	%		01/25/43		49,840		42,297
FNMA, Series 2013-35, Class LP		3.000	%		01/25/43		352,000		362,823
FNMA, Series 2013-35, Class CV		3.000	%		02/25/43		350,000		371,861
FNMA, Series 2013-13, Class WH		3.500	%		03/25/43		1,000,000		1,016,450
FNMA, Series 2013-31, Class NT		3.000	%		04/25/43		78,336		78,890
FNMA, Series 2003-W10, Class 3A-5		4.299	%		06/25/43		616,965		665,301
FNMA, Series 2013-104, Class CY		5.000	%		10/25/43		250,000		301,442
FNMA, Series 2013-115, Class PB		4.500	%		11/25/43		300,000		361,820
FNMA, Series 2015-11, Class MZ		4.000	%		12/25/43		4,733,213		5,183,600
FNMA, Series 2014-2, Class PB		4.000	%		02/25/44		701,479		730,149
FNMA, Series 2017-16, Class UW		3.000	%		07/25/45		2,044,494		2,200,530
FNMA, Series 2016-68, Class AL		3.000	%		10/25/46		850,000		897,403
FNMA, Series 2017-04, Class ZC		3.500	%		02/25/47		2,942,873		3,096,202
FNMA, Series 2017-77, Class HZ		3.500	%		10/25/47		1,523,560		1,594,132
FNMA, Series 2017-90, Class ZD		3.500	%		11/25/47		1,912,955		2,003,232
FNMA, Series 2018-08, Class DZ		3.500	%		02/25/48		1,081,582		1,128,536
FNMA, Series 2018-31, Class KQ		3.500	%		05/25/48		847,826		898,945
FNMA, Series 2018-66, Class PZ		4.000	%		09/25/48		542,167		613,046
FNMA, Series 2019-01, Class MH		3.000	%		02/25/49		343,237		359,640
FNMA, Series 2019-8, Class ZD		3.500	%		03/25/49		547,243		610,915
FNMA, Series 2019-038, Class MT		3.000	%		07/25/49		1,345,700		1,404,403
FNMA, Series 2019-40, Class PL		4.000	%		07/25/49		318,000		355,618
FNMA, Series 2019-60, Class WZ		2.750	%		10/25/49		553,311		569,967
FNMA, Series 2019-83, Class EB		2.000	%		01/25/50		171,000		156,785
FNMA, Series 2020-15, Class KY		3.000	%		03/25/50		2,077,414		2,212,953
FNMA, Series 2021-149, Class ZB		3.000	%		08/20/51		2,786,459		2,764,605
GNMA, Series 2015-161, Class AV		3.000	%		01/20/29		380,694		401,220
GNMA, Series 2018-139, Class DV		3.500	%		01/20/30		466,031		486,473

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 19.1% (Continued)
GNMA, Series 2004-49, Class MZ		6.000	%		06/20/34	$	401,523	$	463,462
GNMA, Series 2005-13, Class BG		5.000	%		02/20/35		242,347		270,616
GNMA, Series 2015-123, Class VB		3.500	%		09/20/35		436,000		461,249
GNMA, Series 2006-17, Class JN		6.000	%		04/20/36		204,651		231,184
GNMA, Series 2008-51, Class PH		5.250	%		06/20/38		121,089		133,352
GNMA, Series 2009-2, Class PA		5.000	%		12/20/38		89,402		96,580
GNMA, Series 2010-9, Class FA (1* 1MO LIBOR + 52) (a)		0.615	%		01/16/40		126,506		127,747
GNMA, Series 2014-79, Class HU		3.000	%		02/16/40		579,594		602,538
GNMA, Series 2010-105, Class ZC		4.500	%		08/16/40		493,538		580,344
GNMA, Series 2013-22, Class GA		2.500	%		10/20/41		22,507		23,401
GNMA, Series 2012-74, Class LY		2.500	%		06/20/42		318,000		318,376
GNMA, Series 2012-134, Class KM		2.000	%		09/20/42		342,000		332,992
GNMA, Series 2012-113, Class NZ		4.500	%		09/20/42		272,666		283,626
GNMA, Series 2013-6, Class PE		2.000	%		01/20/43		100,000		99,142
GNMA, Series 2013-5, Class GY		3.000	%		01/20/43		532,000		574,722
GNMA, Series 2015-179, Class ZB		2.500	%		02/20/45		56,907		56,521
GNMA, Series 2016-37, Class YA		3.000	%		12/20/45		1,052,876		1,137,297
GNMA, Series 2016-38, Class ZP		3.500	%		03/20/46		72,716		78,340
GNMA, Series 2016-74, Class PL		3.000	%		05/20/46		1,698,824		1,772,924
GNMA, Series 2016-111, Class HA		2.500	%		08/20/46		4,449		4,431
GNMA, Series 2016-120, Class YZ		3.000	%		09/20/46		1,000,000		1,068,099
GNMA, Series 2017-080, Class BZ		3.500	%		05/20/47		407,230		448,286
GNMA, Series 2018-006, Class JY		2.750	%		01/20/48		284,000		263,566
GNMA, Series 2018-14, Class MZ		3.000	%		01/20/48		385,063		392,350
GNMA, Series 2018-097, Class GY		4.000	%		07/20/48		1,162,000		1,288,886
GNMA, Series 2018-120, Class PY		3.500	%		09/20/48		689,379		728,542
GNMA, Series 2019-20, Class JK		3.500	%		02/20/49		225,556		240,919
GNMA, Series 2019-031, Class AZ		5.000	%		03/20/49		326,647		365,057
GNMA, Series 2019-052, Class HL		4.000	%		04/20/49		490,565		531,206
GNMA, Series 2019-99, Class EW		3.000	%		08/20/49		540,446		588,188
GNMA, Series 2019-99, Class GP		3.500	%		08/20/49		517,000		568,855
GNMA, Series 2019-162, Class GB		3.000	%		12/20/49		450,000		467,203
GNMA, Series 2020-093, Class AZ		3.000	%		04/20/50		804,641		858,805
GNMA, Series 2020-097, Class ML		2.500	%		07/20/50		1,975,000		1,951,198

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO - 19.1% (Continued)
GNMA, Series 2017-H18, Class EB (a)		4.416	%		06/20/63	$	281,420	$	291,912
GNMA, Series 2014-H15, Class FA (1* 1MO LIBOR + 50) (a)		0.590	%		07/20/64		83,587		84,062
GNMA, Series 2014-H14, Class FA (1* 1MO LIBOR + 50) (a)		0.603	%		07/20/64		324,505		326,584
GNMA, Series 2016-H11, Class FD (1* 12MO LIBOR + 40) (a)		0.681	%		05/20/66		236,189		236,012
GNMA, Series 2017-H16, Class DB (a)		4.554	%		08/20/67		170,346		176,537
									83,864,687
Agency MBS CMO Derivatives - 2.8%
FHLMC, Series 3919, Class QS (IO) (1MO LIBOR + 670) (a)		6.616	%		08/15/30		1,808,509		244,356
FHLMC, Series 4214, Class CI (IO)		3.000	%		06/15/31		737,293		24,566
FHLMC, Series 4114, Class IM (IO)		3.500	%		07/15/31		1,106,847		43,784
FHLMC, Series 4169, Class SA (1*1MO LIBOR + 546) (a)		5.345	%		02/15/33		630,761		661,516
FHLMC, Series 226, Class PO (PO)		0.000	%		02/01/34		147,769		136,881
FHLMC, Series 3107, Class DC (IO) (1*1MO LIBOR + 670) (a)		6.616	%		06/15/35		1,940,126		111,911
FHLMC, Series 3102, Class TA (IO) (1*1MO LIBOR + 5250) (a)		7.500	%		01/15/36		230,361		259,315
FHLMC, Series 3607, Class AO (PO)		0.000	%		04/15/36		99,616		90,368
FHLMC, Series 237, Class S14 (IO) (1*1MO LIBOR + 660) (a)		6.516	%		05/15/36		397,690		76,796
FHLMC, Series 3199, Class OC (PO)		0.000	%		08/15/36		147,419		136,032
FHLMC, Series 379, Class I (PO)		0.000	%		05/25/37		53,114		49,206
FHLMC, Series 3607, Class OP (PO)		0.000	%		07/15/37		343,412		307,933
FHLMC, Series 4006, Class IA (IO)		4.500	%		09/15/41		526,419		54,200
FHLMC, Series 4422, Class DO (PO)		0.000	%		10/15/41		1,699,877		1,601,115
FHLMC, Series 4116, Class LI (IO)		4.500	%		02/15/42		1,593,457		198,514
FHLMC, Series 4074, Class SJ (IO) (1*1MO LIBOR + 662) (a)		6.536	%		07/15/42		1,017,786		241,728
FHLMC, Pool #S0-6050 (PO)		0.000	%		08/15/42		219,912		195,012
FHLMC, Pool #S0-6829 (PO)		0.000	%		09/15/43		371,029		321,272
FNMA, Series 2012-128, Class EI (IO)		3.500	%		11/25/27		420,786		27,022

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 2.8% (Continued)
FNMA, Series 2012-148, Class IA (IO)		4.000	%		01/25/28	$	227,583	$	17,677
FNMA, Series 2004-91, Class SP (1*1MO LIBOR + 1,680) (a)		16.594	%		11/25/31		213,524		282,258
FNMA, Series 2004-61, Class GO (PO)		0.000	%		11/25/32		491,428		462,885
FNMA, Series 2013-89, Class DI (IO)		4.000	%		08/25/33		1,840,155		188,431
FNMA, Series 348, Class II (IO)		6.000	%		01/25/34		89,286		18,051
FNMA, Series 2015-82, Class AI (IO)		3.500	%		06/25/34		1,102,717		95,283
FNMA, Series 2016-28, Class DI (IO)		3.500	%		03/25/35		916,222		84,833
FNMA, Series 384, Class 11 (IO)		5.000	%		03/25/35		733,638		118,097
FNMA, Series 2005-52, Class JH (IO) (1*1MO LIBOR + 660) (a)		6.514	%		05/25/35		382,683		56,710
FNMA, Series 378, Class (IO)		5.000	%		06/01/35		775,793		123,473
FNMA, Series 2016-24, Class KI (IO)		3.500	%		07/25/35		526,369		54,699
FNMA, Series 368, Class (IO)		5.000	%		02/01/36		599,462		78,551
FNMA, Series 2006-96, Class MO (PO)		0.000	%		10/25/36		47,127		44,744
FNMA, Series 398, Class C5 (IO)		5.000	%		05/25/39		809,028		155,866
FNMA, Series 2013-120, Class JI (IO)		4.000	%		02/25/40		102,289		885
FNMA, Series 2010-44, Class CS (IO) (1*1MO LIBOR + 655) (a)		6.464	%		05/25/40		72,010		13,040
FNMA, Series 2012-63, Class NI (IO)		4.000	%		06/25/40		1,168,747		44,348
FNMA, Series 2011-14, Class PI (IO)		5.000	%		06/25/40		25,929		397
FNMA, Series 2012-100, Class MI (IO)		4.500	%		12/25/40		169,418		6,362
FNMA, Series 409, Class C1		4.000	%		04/01/42		1,341,251		185,771
FNMA, Series 2012-99, Class QS (1*1MO LIBOR + 660) (a)		6.514	%		09/25/42		2,524,249		550,096
FNMA, Series 2012-128, Class SH (1MO LIBOR + 400)		3.914	%		11/25/42		405,608		361,367
FNMA, Series 2016-30, Class IN (IO)		3.500	%		02/25/43		1,924,778		127,060
FNMA, Series 2013-30, Class SA (1*1MO LIBOR + 400) (a)		3.904	%		04/25/43		479,254		461,321
FNMA, Series 2003-W10, Class 3IO (IO) (a)		0.592	%		06/25/43		11,064,564		172,011
FNMA, Series 2013-82, Class SB (1*1MO LIBOR + 1,173.333) (a)		11.478	%		08/25/43		350,236		435,658
FNMA, Series 2013-101, Class DO (PO)		0.000	%		10/25/43		130,863		111,907

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS CMO Derivatives - 2.8% (Continued)
FNMA, Series 2014-42, Class SN (IO) (1*1MO LIBOR + 605) (a)		5.964	%		07/25/44	$	532,601	$	98,985
FNMA, Series 2019-31, Class CI (IO)		4.000	%		02/25/47		1,727,599		115,643
FNMA, Series 2018-11B, Class QI		4.000	%		01/25/48		3,277,685		309,083
GNMA, Series 2010-47, Class PX (IO) (1*1MO LIBOR + 670) (a)		6.613	%		06/20/37		739,153		140,396
GNMA, Series 2012-146, Class AI (IO)		3.000	%		10/20/37		1,651,808		64,950
GNMA, Series 2011-139, Class LS		4.904	%		03/16/38		1,704,118		298,192
GNMA, Series 2008-38, Class ID (IO)		6.000	%		03/20/38		251,322		16,155
GNMA, Series 2013-124, Class ES (1*1MO LIBOR + 866.667) (a)		8.550	%		04/20/39		23,993		24,660
GNMA, Series 2013-147, Class SD (1*1MO LIBOR + 665) (a)		6.563	%		12/20/39		1,814,566		365,726
GNMA, Series 2011-21, Class SA (IO) (1MO LIBOR + 600)		5.915	%		02/16/41		2,077,868		372,189
GNMA, Series 2011-145, Class QI (IO)		5.000	%		11/16/41		211,566		32,650
GNMA, Series 2013-113, Class QS (IO) (1*1MO LIBOR + 620) (a)		6.113	%		02/20/42		465,736		57,348
GNMA, Series 2014-141, Class IE (IO)		4.000	%		08/20/43		184,914		4,614
GNMA, Series 2017-004, Class WI (IO)		4.000	%		02/20/44		1,383,012		106,874
GNMA, Series 2016-32, Class MS (IO) (1*1MO LIBOR + 605) (a)		5.963	%		03/20/46		1,984,618		395,130
GNMA, Series 2019-98, Class BI (IO)		3.000	%		06/20/49		847,484		272,639
GNMA, Series 2019-120, Class DI (IO)		3.500	%		08/20/49		2,670,509		294,336
GNMA, Series 2012-H02, Class AI (IO) (a)		1.901	%		01/20/62		74,781		3,521
GNMA, Series 2013-H13, Class T1 (IO (a)		0.466	%		05/20/63		1,833,439		19,416
GNMA, Series 2016-H20, Class GI (IO) (a)		0.313	%		08/20/66		1,556,057		16,657
GNMA, Series 2017-H11, Class PI (IO) (a)		3.963	%		04/20/67		33,040		489
GNMA, Series 2017-H22, Class ID (IO) (a)		4.106	%		11/20/67		22,689		1,693
GNMA, Series 2018-H08, Class NI (IO) (a)		0.797	%		05/20/68		1,077,117		24,978
									12,069,632
Agency MBS Passthrough - 2.2%
FHLMC, Pool #FG G14973		4.000	%		12/01/28		143,091		154,507
FHLMC, Pool #FG U59010		4.000	%		11/01/34		385,151		416,463
FHLMC, Pool #G61909		4.500	%		12/01/37		526,736		584,945

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Agency MBS Passthrough - 2.2% (Continued)
FHLMC, Pool #FG G06085		6.500	%		09/01/38	$	64,631	$	75,850
FNMA, Pool #FN 252409		6.500	%		03/01/29		87,192		96,183
FNMA, Pool #FN AL5850		3.500	%		10/01/29		334,853		360,328
FNMA, Pool #FN AS7287		3.500	%		06/01/31		562,005		608,798
FNMA, Pool #FN AL3200		3.500	%		02/01/33		392,866		423,777
FNMA, Pool #FN AT7120		3.500	%		06/01/33		478,623		516,279
FNMA, Pool #FN AL5166		3.000	%		11/01/33		336,230		355,037
FNMA, Pool #FN AL6685		4.000	%		01/01/35		383,250		414,284
FNMA, Pool #FN MA2198		3.500	%		03/01/35		368,324		398,689
FNMA, Pool #FN BM1486		4.000	%		03/01/35		1,170,860		1,272,663
FNMA, Pool #FN MA3050		4.500	%		06/01/37		813,343		897,230
FNMA, Pool #FN AS4073		4.000	%		12/01/44		216,199		240,152
FNMA, Pool #FN MA2778		3.500	%		10/01/46		138,884		144,958
GNMA, Pool #MA5738M		4.000	%		02/20/34		292,169		310,917
GNMA, Pool #GN 784279		5.500	%		11/15/38		402,698		466,682
GNMA, Pool #711522X		4.500	%		07/15/40		300,016		352,475
GNMA, Pool #GN 78541		4.500	%		06/15/46		155,129		175,295
GNMA, Pool #G2 784792		4.500	%		08/20/49		1,353,903		1,427,703
									9,693,215
ARM - 0.0% (d)
Structured Asset Securities Corp., Series 2003-37A, Class 2-A (a)		2.205	%		12/25/33		10,295		10,384
Auto Loan - 4.0%
ACC Auto Trust, Series 2021-A, Class A (c)		1.080	%		04/15/27		587,628		588,223
ACC Trust, Series 2021-1, Class B (c)		1.430	%		07/22/24		1,000,000		998,900
American Credit Acceptance Receivables Trust, Series 2018-3, Class D (c)		4.140	%		10/15/24		247,146		249,127
Arivo Acceptance Auto Loan Receivables Trust, Series 2019-1, Class A (c)		2.990	%		07/15/24		40,242		40,591
CarNow Auto Receivables Trust, Series 2021-1A, Class A (c)		0.970	%		10/15/24		482,637		482,873
CarNow Auto Receivables Trust, Series 2021-1A, Class C (c)		2.160	%		02/17/26		750,000		753,749

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Auto Loan - 4.0% (Continued)
Carvana Auto Receivable Trust, Series 2020-P1, Class C		1.320	%		11/09/26	$	500,000	$	498,095
Carvana Auto Receivable Trust, Series 2020-P1, Class D		1.820	%		09/08/27		400,000		402,223
Chase Credit Linked Notes, Series 2020-2, Class C (c)		1.140	%		02/25/28		275,027		276,049
Chase Credit Linked Notes, Series 2021-3, Class D (c)		1.009	%		02/26/29		1,208,129		1,207,463
CIG Auto Receivables Trust, Series 2020-1, Class D (c)		2.350	%		01/12/26		300,000		303,764
CIG Auto Receivables Trust, Series 2020-1, Class C (c)		1.750	%		02/12/26		460,000		464,249
CPS Auto Trust, Series 2017-D, Class D (c)		3.730	%		09/15/23		114,012		114,872
Credit Acceptance Auto Loan Trust, Series 2019-3, Class C (c)		3.060	%		03/15/29		400,000		414,797
Credit Acceptance Auto Loan Trust, Series 2020-3A, Class C (c)		2.280	%		02/15/30		550,000		561,136
Credito RL USA, Series 2021-1, Class A (c)		1.350	%		02/16/27		762,148		762,404
Exeter Automobile Receivables Trust, Series 2020-2, Class D (c)		4.730	%		04/15/26		375,000		398,392
FHF Trust, Series 2020-1, Class A (c)		2.590	%		12/15/23		260,616		262,297
FHF Trust, Series 2021-1, Class A (c)		1.270	%		03/15/27		726,375		725,858
First Help Financial LLC, Series 2021-2A, Class A (c)		0.830	%		12/15/26		1,000,000		999,626
First Help Financial LLC, Series 2021-2A, Class B (c)		1.630	%		09/15/27		1,090,000		1,086,953
Foursight Capital Automobile Receivables, Series 2018-2, Class E (c)		5.500	%		10/15/24		750,000		776,612
OneMain Direct Auto Receivables, Series 2018-1, Class B (c)		3.710	%		04/14/25		300,000		301,762
OneMain Direct Auto Receivables, Series 2019-1, Class D (c)		4.680	%		04/14/31		675,000		742,515
Santander Consumer Auto Receivables, Series 2020-B, Class D (c)		2.140	%		12/15/26		400,000		406,047

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Auto Loan - 4.0% (Continued)
Skopos Auto Receivables Trust, Series 2019-1, Class B (c)		3.430	%		09/15/23	$	184,390	$	184,946
Tesla Auto Lease Trust, Series 2021-B, Class D (c)		1.320	%		09/22/25		1,400,000		1,400,731
Veros Auto Receivables Trust, Series 2021-1, Class A (c)		0.920	%		10/15/26		926,931		927,004
Veros Auto Receivables Trust, Series 2021-1, Class B (c)		1.490	%		10/15/26		1,000,000		999,933
									17,331,191
CRE/CLO - 4.3%
A10 Securitization, Series 2020-C, Class A (c)(e)		2.033	%		08/15/40		410,496		412,627
A10 Securitization, Series 2020-C, Class B (c)(e)		2.617	%		08/15/40		300,000		301,587
A10 Securitization, Series 2020-C, Class D (c)(e)		4.129	%		08/15/40		250,000		252,430
A10 Securitization, Series 2020-C, Class E (c)(e)		5.465	%		08/15/40		250,000		252,980
Acre Mortgage Trust, Series 2021-FL4, Class D (1* 1MO LIBOR + 260) (a)(c)		2.687	%		12/15/37		1,000,000		1,000,000
Acre Mortgage Trust, Series 2021-FL4, Class E (1* 1MO LIBOR + 310) (a)(c)		3.187	%		12/15/37		675,000		675,000
Bancorp Commercial Mortgage Trust (The), Series 2017-CRE2, Class C (1* 1MO LIBOR + 235) (a)(c)		2.446	%		08/15/32		115,355		114,088
Bancorp Commercial Mortgage Trust (The), Series 2018-CR3, Class D (1* 1MO LIBOR + 270) (a)(c)		2.796	%		03/16/35		324,000		322,547
Bancorp Commercial Mortgage Trust (The), Series 2019-CRE6, Class A (1* 1MO LIBOR + 105) (a)(c)		1.214	%		09/17/36		71,035		71,035
BDS Ltd., Series 2021-FL8, Class D (c)		1.985	%		01/18/36		1,000,000		999,375
BSPRT Issuer Ltd., Series 2018-FL4, Class A (1* 1MO LIBOR + 105) (a)(c)		1.134	%		09/17/35		391,828		391,828
BXMT, Series 2021-FL4, Class D (1* 1MO LIBOR + 225) (a)(c)		2.346	%		05/17/38		750,000		750,000
BXMT Ltd., Series 2020-FL2, Class D (1* 1MO LIBOR + 195) (a)(c)		2.114	%		02/16/37		625,000		623,436

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.3% (Continued)
BXMT Ltd., Series 2020-FL2, Class B (1* 1MO LIBOR + 140) (a)(c)		1.564	%		02/18/38	$	1,000,000	$	997,811
BXMT Ltd., Series 2020-FL2, Class C (1* 1MO LIBOR + 165) (a)(c)		1.814	%		02/18/38		1,000,000		997,498
Exantas Capital Corp., Series 2020-RS09, Class D (1* 1MO LIBOR + 550) (a)(c)(e)		5.664	%		04/17/37		362,620		370,368
FHLMC, Series 2020-FL3, Class B (1* 1MO LIBOR + 375) (c)		3.914	%		07/15/35		1,150,000		1,167,263
FHLMC, Series 2020-FL3, Class A-S (1* 1MO LIBOR + 285) (a)(c)		3.014	%		07/16/35		800,000		811,009
KKR Financial Management, Series 2021-FL2, Class A (c)		1.154	%		02/15/39		1,000,000		1,000,000
LoanCore Issuer Ltd., Series 2019-CRE3, Class D (c)		2.595	%		05/15/36		1,170,000		1,146,575
LoanCore Issuer Ltd., Series 2021-CRE5, Class A (c)		1.384	%		07/15/36		1,000,000		1,000,000
Multi Family Housing Mortgage Loan, Series 2019-FL2, Class C (1* 1MO LIBOR + 200) (a)(c)		2.164	%		12/25/34		300,000		300,000
Multi Family Housing Mortgage Loan, Series 2020-FL4, Class A (1* 1MO LIBOR + 170) (a)(c)		1.864	%		11/15/35		600,000		603,448
PFP III, Series 2021-7, Class D (1* 1MO LIBOR + 240) (a)(c)		2.495	%		04/14/38		749,963		746,689
PFP Ltd., Series 2019-5, Class B (1* 1MO LIBOR + 165) (a)(c)		1.745	%		04/16/36		650,000		649,193
ReadyCap Commercial Mortgage Trust, Series 2020-FL4, Class A (1* 1MO LIBOR + 215) (a)(c)		2.236	%		02/25/35		999,941		1,006,799
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class C (c)		2.000	%		07/25/36		500,000		499,845
ReadyCap Commercial Mortgage Trust, Series 2021-1A, Class B (c)		2.500	%		07/25/36		1,000,000		999,687

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
CRE/CLO - 4.3% (Continued)
TPG Real Estate Finance, Series 2019-FL3, Class A (1* 1MO LIBOR + 115) (a)(c)		1.314	%		10/15/34	$	600,000	$	600,000
									19,063,118
Credit Cards - 1.9%
Brex, Inc., Series 2021-1, Class A (c)		2.130	%		07/17/24		1,000,000		1,010,402
Continental Credit Card LLC, Series 2017-1, Class B (c)		6.410	%		01/15/25		89,880		91,042
Continental Credit Card LLC, Series 2019-1, Class A (c)		3.830	%		08/15/26		1,183,605		1,207,020
Continental Credit Card LLC, Series 2019-1, Class B (c)		4.950	%		08/15/26		300,000		314,353
Continental Credit Card LLC, Series 2020-A, Class A (c)		2.240	%		12/15/28		1,350,000		1,359,270
Continental Credit Card LLC, Series 2020-A, Class B (c)		3.660	%		12/15/28		1,200,000		1,210,866
Genesis Private Label Amortization Trust, Series 2020-1, Class D (c)		6.630	%		07/20/26		750,000		772,712
Genesis Private Label Amortization Trust, Series 2020-1, Class C (c)		4.190	%		07/20/30		200,000		201,320
Genesis Sales Finance Master Trust, Series 2020-AA, Class B (c)		2.240	%		09/22/25		535,000		538,440
Genesis Sales Finance Master Trust, Series 2020-AA, Class C (c)		2.990	%		09/22/25		300,000		301,943
Genesis Sales Finance Master Trust, Series 2021-AA, Class D (c)		2.090	%		12/21/26		750,000		747,907
Mercury Financial Credit Card, Series 2021-1A, Class B (c)		2.330	%		03/20/26		800,000		794,752
									8,550,027
Equipment - 0.7%
Business Jet Securities LLC, Series 2019-1, Class B, Pool #2019-1 (c)		5.193	%		07/15/34		434,978		435,910
Business Jet Securities LLC, Series 2020-1, Class B (c)		3.967	%		11/15/35		280,384		287,368
Business Jet Securities LLC, Series 2021-1A, Class B (c)		2.918	%		04/15/36		367,878		369,613

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Equipment - 0.7% (Continued)
CLI Funding VI LLC, Series 2020-1, Class B (c)		3.620	%		09/18/45	$	578,500	$	586,855
HPEFS Equipment Trust, Series 2021-2A, Class D (c)		1.290	%		03/20/29		750,000		747,556
Octane Receivables Trust, Series 2019-1, Class A (c)		3.160	%		09/20/23		34,648		34,868
Octane Receivables Trust, Series 2020-1, Class A (c)		1.710	%		02/20/25		195,041		196,573
Octane Receivables Trust, Series 2021-1A, Class C (c)		2.230	%		11/20/28		550,000		550,977
									3,209,720
HECM - 0.9%
Brean ABS Trust, Series 2021-RM2, Class A (c)		1.750	%		10/25/61		1,600,000		1,564,750
Finance of America HECM, Series 2020-HB2, Class A (c)		1.710	%		07/25/30		274,893		276,009
Finance of America HECM, Series 2021-HB1, Class M3 (c)		3.640	%		02/25/31		700,000		699,260
RMF Buyout Issuance Trust, Series 2020-2, Class M2 (c)		3.091	%		06/25/30		250,000		251,024
RMF Proprietary Issuance Trust, Series 2021-2, Class A (c)		2.125	%		09/25/61		1,200,000		1,186,920
									3,977,963
Hospitality - 2.6%
BHMS Mortgage Trust, Series 2018-ATLS, Class A (1* 1MO LIBOR + 125) (a)(c)		1.346	%		07/16/35		280,000		280,745
BX Commercial Mortgage Trust, Series 2020-VIV3, Class B (c)		3.540	%		03/09/44		1,300,000		1,394,495
BX Trust, Series 2018-GW, Class E (1* 1MO LIBOR + 197) (a)(c)		2.066	%		05/15/37		1,200,000		1,202,555
BX Trust, Series 2019-OC11, Class D (a)(c)		4.075	%		12/09/41		225,000		237,800
BX Trust, Series 2019-OC11, Class A (c)		3.202	%		12/11/41		1,177,000		1,258,141
Champlain Housing Mortgage Trust, Series 2017-COSMO, Class B (1* 1MO LIBOR + 140) (a)(c)		1.496	%		11/17/36		100,000		100,033
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class D (1* 1MO LIBOR + 225) (a)(c)		2.346	%		11/15/36		100,000		100,095

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Hospitality - 2.6% (Continued)
Cosmopolitan Hotel Trust, Series 2017-COSMO, Class A (1* 1MO LIBOR + 93) (a)(c)		1.025	%		11/17/36	$	800,000	$	800,721
Extended Stay America Trust, Series 2021-ESH, Class E (1* 1MO LIBOR + 285) (a)(c)		2.946	%		07/15/38		994,825		1,004,804
Fontainebleau Miami Beach, Series 2019-FBLU, Class C (c)		3.750	%		12/12/36		750,000		787,618
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class A (1* 1MO LIBOR + 92) (a)(c)		1.004	%		07/16/35		743,308		743,296
Goldman Sachs Mortgage Securities Corp. Trust, Series 2018-HULA, Class B (1* 1MO LIBOR + 125) (a)(c)		1.334	%		07/16/35		929,135		928,000
Motel 6 Trust, Series 2021-MTL6, Class C (c)		1.600	%		09/15/38		650,000		651,440
Motel 6 Trust, Series 2021-MTL6, Class D (c)		2.200	%		09/15/38		500,000		501,259
Motel 6 Trust, Series 2021-MTL6, Class E (c)		2.800	%		09/15/38		1,220,000		1,223,838
									11,214,840
Industrial - 0.9%
BX Commercial Mortgage Trust, Series 2020-FOX, Class D (1* 1MO LIBOR + 210) (a)(c)		2.196	%		11/15/32		1,157,347		1,161,680
BX Trust, Series 2021-VOLT, Class D (c)		1.750	%		09/15/23		1,500,000		1,500,940
Cold Storage Trust, Series 2020-ICE5, Class E (1* 1MO LIBOR + 276.56) (a)(c)		2.861	%		11/16/37		491,495		492,728
Credit Suisse First Boston, Series 2020-UNFI, Class A (c)		3.752	%		12/06/22		1,000,000		1,003,213
									4,158,561
Manufactured Housing - 0.0% (d)
Cascade Funding Mortgage Trust, Series 2019-MH1, Class M (c)		5.985	%		11/25/44		100,000		103,426
Mixed-Use - 0.1%
20 Times Square Trust, Series 2018-20TS, Class B (a)(c)		3.203	%		05/17/35		300,000		301,353
Multifamily - 1.8%
FHLMC, Series 2021-MN2, Class M-1 (c)		1.850	%		07/25/41		996,731		999,127

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Multifamily - 1.8% (Continued)
FHLMC, Series 2021-MN1, Class M-1 (1* SOFR30A + 200) (a)(c)		2.050	%		01/25/51	$	1,093,349	$	1,100,674
Freedom Mortgage Trust, Series 2016-KF17, Class B (c)		5.923	%		03/25/23		585,949		584,503
Freedom Mortgage Trust, Series 2017-KF39, Class B (1* 1MO LIBOR + 250) (a)(c)		2.582	%		11/25/24		458,300		456,433
Freedom Mortgage Trust, Series 2018-KF53, Class B (1* 1MO LIBOR + 205) (a)(c)		2.132	%		10/27/25		457,330		454,277
FREMF Mortgage Trust, Series 2018-KF44, Class B (1* 1MO LIBOR + 215) (a)(c)		2.233	%		02/25/25		348,505		346,093
FREMF Mortgage Trust, Series 2018-KF43, Class B (1* 1MO LIBOR + 215) (a)(c)		2.233	%		01/25/28		346,859		345,875
FREMF Mortgage Trust, Series 2018-KF50, Class B (1*1MO LIBOR + 190) (a)(c)		1.991	%		07/25/28		547,233		539,473
FREMF Mortgage Trust, Series 2019-KF57, Class B (1* 1MO LIBOR + 225) (a)(c)		2.333	%		01/25/29		1,053,012		1,046,003
FREMF Mortgage Trust, Series 2019-KF67, Class B (1* 1MO LIBOR + 225) (a)(c)		2.333	%		08/25/29		460,366		458,194
Multi Family Connecticut Avenue, Series 2019-01, Class M-7 (1* 1MO LIBOR + 170) (a)(c)		1.786	%		10/15/49		772,650		772,419
Multi Family Connecticut Avenue, Series 2020-01, Class M-7 (1* 1MO LIBOR + 195) (a)(c)		2.036	%		03/25/50		753,077		753,949
									7,857,020
Non-Agency MBS 2.0 - 0.6%
Chase Mortgage Finance Corp., Series 2021-CL1, Class M3		1.600	%		02/25/50		1,053,287		1,053,668
J.P. Morgan Wealth Management, Series 2021-CL1, Class M1 (1* SOFR30A + 130) (a)		1.350	%		02/26/71		845,147		846,341
J.P. Morgan Wealth Management, Series 2021-CL1, Class M3 (1* SOFR30A + 180) (a)		1.850	%		02/26/71		637,879		641,075
									2,541,084

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Office - 0.6%
Drop Mortgage Trust, Series 2021-FILE, Class C (1* 1MO LIBOR + 225) (a)(c)		2.350	%		04/15/26	$	1,500,000	$	1,503,762
Goldman Sachs Mortgage Securities Corp. Trust, Series 2021-ROSS, Class D (c)		2.596	%		05/15/26		1,000,000		1,000,756
									2,504,518
Residential Transition Loan - 1.4%
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A1 (c)		3.280	%		03/25/25		800,000		810,399
AlphaFlow Transitional Mortgage Co., Series 2021-WL1, Class A2 (c)		5.610	%		03/25/25		500,000		504,952
Antler Mortgage Trust, Series 2021-RTL1, Class M (c)		5.438	%		05/25/25		1,750,000		1,750,691
Colony American Finance Ltd., Series 2021-RTL1, Class A2 (c)		3.104	%		03/26/29		1,000,000		999,336
LHOME Mortgage Trust, Series 2019-RTL2, Class A-2 (c)		4.335	%		03/25/24		700,000		706,752
LHOME Mortgage Trust, Series 2021-RTL1, Class M (a)(c)		4.458	%		09/25/26		1,500,000		1,496,825
									6,268,955
Retail - 1.4%
Aventura Mall Trust, Series 2018-AVM, Class C (c)		4.249	%		07/09/40		650,000		693,145
BB-UBS Trust, Series 2012-SHOW, Class A (c)		3.430	%		11/05/36		335,000		353,115
BX Trust, Series 2021-VIEW, Class B (c)		1.896	%		06/15/23		1,150,000		1,149,999
BX Trust, Series 2018-EXCL, Class A (1* 1MO LIBOR + 108.763) (a)(c)		1.184	%		09/15/37		1,242,565		1,233,237
BX Trust, Series 2018-EXCL, Class B (c)		1.421	%		09/15/37		207,094		202,435
BX Trust, Series 2018-EXCL, Class C (c)		2.071	%		09/15/37		828,377		803,994
Citigroup Commercial Mortgage, Series 2017-MDRB, Class D (1* 1MO LIBOR + 325) (a)(c)		3.346	%		07/15/30		150,000		148,838
Citigroup Commercial Mortgage, Series 2017-MDRB, Class A (1* 1MO LIBOR + 110) (a)(c)		1.196	%		07/15/30		101,547		101,144
Credit Suisse First Boston, Series 2018-SITE, Class A (c)		4.284	%		04/17/36		127,000		133,086

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Retail - 1.4% (Continued)
Credit Suisse First Boston, Series 2018-SITE, Class C (c)		4.941	%		04/17/36	$	435,000	$	446,208
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class C (1* 1MO LIBOR + 180) (a)(c)		1.884	%		02/15/40		386,334		388,259
Wells Fargo Mortgage Trust, Series 2021-SAVE, Class D (1* 1MO LIBOR + 250) (a)(c)		2.584	%		02/15/40		454,511		457,911
									6,111,371
Single Family Rental - 1.8%
American Homes 4 Rent, Series 2014-SFR2, Class E (c)		6.231	%		10/17/36		300,000		329,165
American Homes 4 Rent, Series 2014-SFR2, Class D (c)		3.678	%		12/17/36		328,542		348,809
American Homes 4 Rent, Series 2014-SFR3, Class E (c)		6.418	%		12/18/36		300,000		332,060
American Homes 4 Rent, Series 2015-SFR1, Class A (c)		3.467	%		04/17/52		113,683		119,978
Colony American Finance Ltd., Series 2016-2, Class B (c)		3.141	%		11/15/48		49,450		49,768
Colony American Finance Ltd., Series 2020-1, Class A2 (c)		2.296	%		03/15/50		250,000		251,451
Colony American Finance Ltd., Series 2020-4, Class B (c)		1.707	%		12/15/52		800,000		791,191
Colony American Finance Ltd., Series 2020-4, Class E (c)		3.379	%		12/15/52		750,000		730,597
Home Partners of America Trust, Series 2019-1, Class B (c)		3.157	%		09/17/27		536,692		543,825
Home Partners of America Trust, Series 2019-2, Class B (c)		2.922	%		10/19/39		613,391		613,387
Invitation Homes Trust, Series 2018-SFR3, Class A (1* 1MO LIBOR + 100) (a)(c)		1.084	%		07/17/37		1,062,659		1,064,440
Progress Residential Trust, Series 2021-SFR1, Class B (c)		1.303	%		04/17/38		850,000		835,816
Progress Residential Trust, Series 2021-SFR1, Class E (c)		2.106	%		04/17/38		700,000		690,303

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Single Family Rental - 1.8% (Continued)
Star, Series 2021-SFR1, Class E (1* 1MO LIBOR + 170) (a)(c)		1.785	%		04/17/38	$	1,200,000	$	1,200,925
									7,901,715
Small Business - 1.5%									��
Credibility Asset Securitization, Series 2021-1A, Class A (c)		2.390	%		04/15/26		1,000,000		1,009,738
Credibility Asset Securitization, Series 2021-1A, Class C (c)		3.380	%		04/15/26		500,000		505,054
Newtek Small Business Loan Trust, Series 2018-1, Class A (1* Prime - 55) (a)(c)		2.700	%		02/25/44		642,884		633,394
Newtek Small Business Loan Trust, Series 2018-1, Class B (1* Prime + 75) (a)(c)		4.000	%		02/25/44		169,180		163,790
Newtek Small Business Loan Trust, Series 2019-01, Class A (1* Prime - 90) (a)(c)		2.350	%		12/25/44		789,659		785,279
Newtek Small Business Loan Trust, Series 2019-01, Class B (1* Prime + 25) (a)(c)		3.500	%		12/25/44		268,484		260,344
OnDeck Asset Securitization Trust, Series 2021-1A, Class B (c)		2.280	%		05/17/27		750,000		754,598
OnDeck Asset Securitization Trust, Series 2021-1A, Class C (c)		2.970	%		05/17/27		650,000		653,897
SFS Asset Securitization LLC, Series 2019-1, Class A (c)		4.238	%		06/10/25		800,000		800,701
SFS Asset Securitization LLC, Series 2019-1, Class B (c)		5.023	%		06/10/25		150,000		150,909
Small Business Lending Trust, Series 2020-A, Class B (c)		3.200	%		12/15/26		746,000		748,921
									6,466,625
Student Loan - 1.3%
College Ave Student Loans, Series 2018-A, Class B (c)		4.750	%		12/26/47		88,895		94,173
College Ave Student Loans, Series 2018-A, Class C (c)		5.500	%		12/26/47		81,733		85,411
College Ave Student Loans, Series 2019-A, Class A1 (1* 1MO LIBOR + 140) (a)(c)		1.486	%		12/28/48		131,157		132,991

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Student Loan - 1.3% (Continued)
College Ave Student Loans, Series 2019-A, Class C (c)		4.460	%		12/28/48	$	239,066	$	246,919
College Ave Student Loans, Series 2021-A, Class B (c)		2.320	%		07/25/51		675,000		677,787
College Ave Student Loans, Series 2021-A, Class D (c)		4.120	%		07/25/51		500,000		504,872
Earnest Student Loan Program LLC, Series 2017-A, Class B (c)		3.590	%		01/25/41		66,307		66,411
Laurel Road Prime Student Loan, Series 2018-B, Class A2 (c)		3.540	%		05/26/43		37,365		37,950
Laurel Road Prime Student Loan, Series 2019-A, Class A2FX (c)		2.730	%		10/25/48		123,419		125,541
Prodigy Finance, Series 2021-1A, Class A (c)		1.336	%		07/25/51		669,448		671,773
SMB Private Education Loan Trust, Series 2018-C, Class B (c)		4.000	%		11/17/42		200,000		212,064
Social Professional Loan Program, Series 2016-C, Class A-2B (c)		2.360	%		12/27/32		43,062		43,389
Social Professional Loan Program, Series 2015-D, Class B (c)		3.590	%		10/26/37		71,525		72,031
Social Professional Loan Program, Series 2017-B, Class CFX (c)		4.440	%		05/25/40		150,000		156,151
Social Professional Loan Program, Series 2017-E, Class A-2B (c)		2.720	%		11/26/40		83,692		84,931
Social Professional Loan Program, Series 2017-E, Class C (c)		4.160	%		11/26/40		700,000		729,593
Social Professional Loan Program, Series 2016-E, Class C (c)		4.430	%		10/25/41		200,000		206,545
Social Professional Loan Program, Series 2018-A, Class A-1 (1* 1MO LIBOR + 35) (a)(c)		0.436	%		02/25/42		49,766		49,542
Social Professional Loan Program, Series 2020-A, Class BFX (c)		3.120	%		05/15/46		425,000		436,716
Social Professional Loan Program, Series 2018-D, Class BFX (c)		4.140	%		02/25/48		500,000		521,551

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Student Loan - 1.3% (Continued)
Social Professional Loan Program, Series 2019-C, Class BFX (c)		3.050	%		11/16/48	$	730,000	$	742,102
									5,898,443
Unsecured Consumer - 5.8%
Avant Loans Funding Trust, Series 2020-REV1, Class A (c)		2.170	%		05/15/29		200,000		201,008
Avant Loans Funding Trust, Series 2021-REV1, Class C (c)		2.300	%		07/15/30		800,000		802,403
Freedom Financial, Series 2019-1, Class B (c)		3.870	%		06/18/26		71,500		71,681
Freedom Financial, Series 2020-FP1, Class A (c)		2.520	%		03/18/27		66,282		66,442
Freedom Financial, Series 2020-FP1, Class B (c)		3.060	%		03/18/27		575,000		580,401
Freedom Financial, Series 2020-3FP, Class B (c)		4.180	%		09/20/27		645,519		651,522
Freedom Financial, Series 2021-1CP, Class C (c)		2.830	%		03/20/28		425,000		429,743
Freedom Mortgage Trust, Series 2020-2CP, Class C (c)		6.000	%		06/18/27		1,484,000		1,555,713
Lendmark Funding Trust, Series 2020-2A, Class C (c)		4.690	%		04/21/31		550,000		574,483
Lendmark Funding Trust, Series 21-1A, Class B (c)		2.470	%		11/20/31		1,150,000		1,155,330
Lendmark Funding Trust, Series 21-1A, Class C (c)		3.410	%		11/20/31		750,000		753,753
Liberty Lending Services, Series 2021-1A, Class A (c)		1.070	%		05/15/29		966,266		965,455
Liberty Lending Services, Series 2021-1A, Class B (c)		2.170	%		05/15/29		1,250,000		1,248,414
LL ABS Trust, Series 2020-1, Class A (c)		2.330	%		07/15/22		220,717		221,900
LL ABS Trust, Series 2020-1, Class B (c)		3.790	%		03/15/23		1,500,000		1,533,126
LL ABS Trust, Series 2019-1, Class B (c)		3.520	%		03/15/27		98,927		99,471
Mariner Finance Issuance Trust, Series 2021-AA, Class D (c)		4.340	%		03/20/36		1,000,000		1,024,509

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 5.8% (Continued)
Marlette Funding Trust, Series 2019-4, Class B (c)		2.950	%		12/17/29	$	125,000	$	126,424
Oportun Funding LLC, Series 2020-1, Class B (c)		3.450	%		05/15/24		800,000		812,698
Oportun Funding LLC, Series 2021-B, Class A (c)		1.470	%		05/08/31		750,000		750,422
Oportun Funding LLC, Series 2021-B, Class C (c)		3.650	%		05/08/31		650,000		652,955
Oportun Funding XIII LLC, Series 2019-13, Class B (c)		3.870	%		08/08/25		500,000		508,541
Oportun Funding XIV LLC, Series 2021-A, Class C (c)		3.440	%		03/08/28		1,500,000		1,520,919
Prosper Marketplace Issuance Trust, Series 2019-3, Class B (c)		3.590	%		07/15/25		12,509		12,519
Prosper Marketplace Issuance Trust, Series 2019-4, Class B (c)		3.200	%		02/17/26		136,242		136,825
Regional Management Issuance Trust, Series 2019-1, Class C (c)		4.110	%		11/15/28		200,000		202,916
Regional Management Issuance Trust, Series 2020-1, Class A (c)		2.340	%		10/15/30		250,000		255,053
Regional Management Issuance Trust, Series 2021-1, Class C (c)		3.040	%		03/17/31		625,000		623,625
Regional Management Issuance Trust, Series 2021-2, Class C (c)		3.230	%		08/15/33		650,000		642,872
Upgrade Master Pass-Thru Trust, Series 2019-ST1, Class A (c)		4.000	%		07/15/25		130,276		131,846
Upgrade Master Pass-Thru Trust, Series 2019-ST3, Class A (c)		3.750	%		11/15/25		53,575		54,174
Upstart Pass-Through Trust, Series 2020-ST6, Class A (c)		3.000	%		01/20/27		490,894		496,805
Upstart Pass-Through Trust, Series 2021-ST4, Class A (c)		2.000	%		07/20/27		1,371,557		1,370,177
Upstart Pass-Through Trust, Series 2020-ST1, Class A (c)		3.750	%		02/20/28		127,776		130,257

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Securitized - 62.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
Unsecured Consumer - 5.8% (Continued)
Upstart Pass-Through Trust, Series 2020-ST2, Class A (c)		3.500	%		03/20/28	$	199,542	$	203,553
Upstart Pass-Through Trust, Series 2020-ST3, Class A (c)		3.350	%		04/20/28		104,452		106,324
Upstart Pass-Through Trust, Series 2021-1A, Class C (c)		1.750	%		10/20/29		700,000		699,520
Upstart Securitization Trust, Series 2021-ST1, Class A (c)		2.750	%		02/20/27		788,606		794,859
Upstart Securitization Trust, Series 2021-ST2, Class A (c)		2.500	%		04/20/27		1,037,374		1,048,151
Upstart Securitization Trust, Series 2019-2, Class B (c)		3.734	%		09/20/29		795,988		803,129
Upstart Securitization Trust, Series 2019-3, Class B (c)		3.829	%		01/21/30		600,000		607,943
Upstart Securitization Trust, Series 2021-2, Class B (c)		1.750	%		06/20/31		1,000,000		1,002,082
									25,629,943
Total Securitized (Cost $274,155,466)								$	275,296,833

Treasury - 19.7%	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury STRIPS (b)		0.000	%		02/15/25	$	300,000	$	293,319
U.S. Treasury Notes (b)		2.000	%		08/15/25		1,000,000		1,047,109
U.S. Treasury Notes (b)		2.250	%		11/15/25		2,000,000		2,115,391
U.S. Treasury Notes (b)		1.625	%		02/15/26		2,500,000		2,579,492
U.S. Treasury Notes (b)		0.625	%		03/31/27		1,000,000		975,820
U.S. Treasury STRIPS		0.000	%		05/15/28		1,000,000		913,669
U.S. Treasury Notes		2.875	%		08/15/28		5,000,000		5,523,242
U.S. Treasury STRIPS (b)		0.000	%		05/15/29		2,000,000		1,784,482
U.S. Treasury Notes (b)		0.625	%		08/15/30		4,563,900		4,245,675
U.S. Treasury Notes (b)		0.875	%		11/15/30		7,500,000		7,117,383
U.S. Treasury STRIPS		0.000	%		11/15/31		2,000,000		1,681,629
U.S. Treasury STRIPS		0.000	%		02/15/33		800,000		653,142

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Treasury - 19.7% (Continued)	Coupon			Maturity		Shares / Par Value		Fair Value
U.S. Treasury STRIPS		0.000	%		08/15/34	$	4,000,000	$	3,147,365
U.S. Treasury STRIPS		0.000	%		05/15/35		3,000,000		2,318,403
U.S. Treasury STRIPS		0.000	%		02/15/36		4,000,000		3,035,040
U.S. Treasury STRIPS		0.000	%		02/15/37		5,500,000		4,060,000
U.S. Treasury Notes (b)		4.750	%		02/15/37		150,000		211,693
U.S. Treasury STRIPS		0.000	%		02/15/38		6,000,000		4,308,409
U.S. Treasury STRIPS		0.000	%		11/15/38		6,000,000		4,221,571
U.S. Treasury Bonds		3.500	%		02/15/39		235,000		292,979
U.S. Treasury Bonds		4.250	%		05/15/39		500,000		681,563
U.S. Treasury Bonds		1.125	%		08/15/40		7,200,000		6,195,938
U.S. Treasury Bonds		3.875	%		08/15/40		550,000		721,188
U.S. Treasury Bonds		1.375	%		11/15/40		2,000,000		1,796,563
U.S. Treasury Notes (b)		4.250	%		11/15/40		1,050,000		1,443,135
U.S. Treasury Bonds		4.750	%		02/15/41		700,000		1,022,766
U.S. Treasury STRIPS		0.000	%		08/15/41		1,000,000		649,869
U.S. Treasury Bonds		2.750	%		11/15/42		600,000		674,695
U.S. Treasury Bonds		3.750	%		11/15/43		1,500,000		1,962,422
U.S. Treasury Bonds		2.250	%		08/15/46		1,780,000		1,838,337
U.S. Treasury Bonds		3.000	%		02/15/48		3,000,000		3,567,188
U.S. Treasury Bonds		2.375	%		11/15/49		1,750,000		1,862,588
U.S. Treasury Bonds (b)		2.000	%		02/15/50		4,500,000		4,420,898
U.S. Treasury Bonds		1.250	%		05/15/50		11,250,000		9,203,467
Total Treasury (Cost $89,458,676)								$	86,566,430

Registered Investment Companies - 5.1%	Shares		Fair Value
State Street Institutional Liquid Reserves Fund, Premier Class, 0.04% (f)		496,243	$	496,342
State Street Navigator Securities Lending Portfolio I, 0.09% (f)(g)		21,973,583		21,973,583
Total Registered Investment Companies (Cost $22,469,924)			$	22,469,925

Diamond Hill Core Bond Fund

Schedule of Investments (Continued)

September 30, 2021 (Unaudited)

Total Investment Securities - 104.8% (Cost $460,524,965)	$	460,143,438
Liabilities in Excess of Other Assets - (4.8)%		(21,301,488	)
Net Assets - 100.0%	$	438,841,950

^(a) Variable rate security.  The rate shown is the effective interest rate as of September 30, 2021.  The benchmark on which the rate is calculated is shown parenthetically, if applicable.  Certain variable rate securities are not based on a published rate and spread but are determined by the issuer or agent and may be based on index changes, pre repayment of underlying positions and/or other variables.  These securities do not indicate a reference rate and spread in their description above.

^(b) All or a portion of the security is on loan.  The total fair value of the securities on loan as of September 30, 2021 was $31,781,959.

(c)

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities have been deemed liquid under procedures approved by the Fund’s Board of Trustees and may normally be sold to qualified institutional buyers in transactions exempt from registration. The total fair value of these securities as of September 30, 2021 was $172,036,498, representing 39.2% of net assets.

(d)

Percentage rounds to less than 0.1%

^(e) Illiquid security as determined under procedures approved by the Board of Trustees. The total fair value of these securities as of September 30, 2021 was $1,589,992, representing 0.4% of net assets.

^(f) The rate shown is the 7-day effective yield as of September 30, 2021. 

^(g) This security was purchased with cash collateral held from securities on loan. Securities on loan are also collateralized by various U.S. Treasury and government agency securities in the amount of $10,627,375.

BV -	Besloten Vennootschap
IO -	Interest Only
LIBOR -	London Interbank Offered Rate
NA -	National Association
NV -	Naamloze Vennootschap
plc -	Public Limited Company
PO -	Principal Only
REIT -	Real Estate Investment Trust
SA -	Societe Anonyme
SOFR -	Secured Overnight Financing Rate
UA -	Uitgesloten Aansprakelijkheid